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‘Consumer, IoT’ Archives

The Internet of Things Will Drive Wireless Connected Devices to 40.9 Billion in 2020

The Internet of Things Will Drive Wireless Connected Devices to 40.9 Billion in 2020

According to an updated market forecast from ABI Research, the installed base of active wireless connected devices will exceed 16 billion in 2014, about 20% more than in 2013. The number of devices will more than double from the current level, with 40.9 billion forecasted for 2020. Principal analyst Aapo Markkanen comments: “The driving force behind the surge in connections is that usual buzzword suspect, the Internet of Things (IoT). If we look at this year’s installed base, smartphones, PCs, and other ‘hub’ devices represent [...]

Smartwatches and Smart Bands Dominate Fast-Growing Wearables Market

Smartwatches and Smart Bands Dominate Fast-Growing Wearables Market

Wearables Shipments to Hit 22 Million in 2014 up 129% from 2013. By 2018 over 250 million smart wearables will be in use, 14 times more than in 2013. Shipments of smart wearables are expected to grow from 9.7 million in 2013 to 135 million in 2018, according to CCS Insight's new global forecast. The forecast predicts that wrist-worn devices will account for 87% of wearables to be shipped in 2018 — comprising 68 million smartwatches and 50 million smart bands with no screen or with a minimal, one-line display. Quantified self devices, [...]

Wearable Tech Needs Fashion Collaboration and Business Model Revamp

Wearable Tech Needs Fashion Collaboration and Business Model Revamp

Image source: static.dezeen.com Guest post by Eva Enanoria. While it is true that wearables have created such a buzz these days with new electronic wristbands, health monitors and smartwatches emerging in the market every so often, and with giant tech companies such as Google, Samsung and Apple, leading the battle for the best wearable electronic device in town, there is no question. Yes, wearable technology is indeed the most exciting trend in the technology market today! Statista.com forecasts that wearable devices will reach a market [...]

The Internet of Things Will Keep Demand for Standalone Bluetooth ICs Strong

The Internet of Things Will Keep Demand for Standalone Bluetooth ICs Strong

The share of standalone Bluetooth ICs will be about 40% by the end of 2014, down from 42% in 2013, and by the end of 2019 that share will remain at 40%. The steady market share of standalone Bluetooth IC market share is being maintained by both traditional device categories which consist of handsets, tablets, and PCs, and new growth categories including wearables, sports and fitness equipment, and smart home nodes. Research director, Philip Solis, said: “End user products such as smartphones and PCs have been shifting away from [...]

Industry Leaders to Establish Open Interconnect Consortium to Advance Interoperability for Internet of Things

Industry Leaders to Establish Open Interconnect Consortium to Advance Interoperability for Internet of Things

Atmel, Broadcom, Dell, Intel, Samsung and Wind River Join Forces to Drive Seamless Device-to-Device Connectivity. News Highlights: ++ New consortium will seek to define connectivity requirements to ensure the interoperability of billions of devices projected to come online by 2020¹ – from PCs, smartphones and tablets to home and industrial appliances and new wearable form factors. ++ The Open Interconnect Consortium intends to deliver a specification, an open source implementation, and a certification program for wirelessly [...]

Atmel to Acquire Newport Media – Strengthening its Leadership Position in the IoT Market

Atmel to Acquire Newport Media – Strengthening its Leadership Position in the IoT Market

Acquisition Expands Atmel's Wireless Portfolio to include Wi-Fi 802.11n and Bluetooth. Atmel® Corporation (NASDAQ: ATML), a leader in microcontroller and touch technology solutions, today announced that it has signed a definitive agreement to acquire Newport Media, Inc. ("NMI"), a leading provider of high performance low power Wi-Fi and Bluetooth solutions, that will enable Atmel to offer the industry's most complete wireless portfolio of smart connected devices for the "Internet of Things". Adding to Atmel's already broad SmartConnect™ [...]

Salesforce.com Launches Salesforce Wear

Salesforce.com Launches Salesforce Wear

Salesforce.com, the world’s #1 CRM platform, today launched Salesforce Wear, the industry's first initiative for wearable computing in the enterprise. The company also launched the new Salesforce Wear Developer Pack, empowering developers to kick-start their ability to connect companies with their customers through apps for wearables in entirely new ways. In addition, ARM, Fitbit, Google Glass, Pebble, Philips, Samsung and others have joined the Salesforce Wear initiative to accelerate adoption of wearables in the enterprise. Daniel [...]

The Internet of Things Moves Beyond the Buzz: Worldwide Market Forecast to Exceed $7 Trillion by 2020, IDC Says

The Internet of Things Moves Beyond the Buzz: Worldwide Market Forecast to Exceed $7 Trillion by 2020, IDC Says

While the interest and buzz around the Internet of Things (IoT) has grown steadily in recent years, the seemingly endless market promise continues to become reality. According to new research from International Data Corporation (IDC), a transformation is underway that will see the worldwide market for IoT solutions grow from $1.9 trillion in 2013 to $7.1 trillion in 2020. IDC defines the Internet of Things as a network of networks of uniquely identifiable endpoints (or "things") that communicate without human interaction using IP [...]

Wearable Technology $50 Billion Investment Frenzy

Wearable Technology $50 Billion Investment Frenzy

By Dr Peter Harrop, IDTechEx. Many giant electronics manufacturers, computer services companies and conglomerates have tens of billions of dollars in the bank that is instantly available for investment to counter their saturating sales in mature markets. Samsung, General Electric and Google are examples and Apple even has $133 billion available. They all seek, "the next big thing", preferably one or more emerging, potentially-huge markets that can leverage the skills they have honed in such things as mobile phones and their services. Wearable [...]

Wearable Technology: The Convergence of Fashion and Technology

Wearable Technology: The Convergence of Fashion and Technology

Image source: static.dezeen.com By LeadingQuest With the M2M technology rapidly evolving and wearable electronics is taking their significant place in this process, the convergence of wearable technology and consumer electronics is inevitable. Wearables has greatly influenced consumer electronics market, driven by the increase in demand for electronic devices that help improve fitness and health. These wearable electronics are generating much success in the healthcare sector as they can collect critical information from the patients [...]

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