Metawatch has hired famed Nokia and Vertu designer Frank Nuovo to work on future devices for the company. Metawatch currently sells two smartwatch designs including the Strata (pictured above) and the Frame, which retail for $179.99 and $229.99, respectively, and can be purchased directly from the manufacturer’s online store or in Best Buy stores. Nuovo is already working on a new high-end device for the company, which will be unveiled in the first quarter of 2014, Quartz has learned. Details about the smartwatch aren’t available at this time, but Metawatch CEO Bill Geiser said the device will have a new operating system version and a new display. While the Strata and Frame smartwatches have their own operating system, they work with both iOS and Android devices. More →
As the electronics market continues to shift away from standard desktops and notebooks, other devices are primed to take their place. Tablets have the upper hand for the time being, but a recent report from Juniper Research claims that wearable device shipments could reach 130 million by 2018, 10 times the amount of wearables that shipped this year. More →
If you’re not impressed by the Galaxy Gear, don’t worry — there will be plenty of other wearable computers to choose from in the coming years. The latest projections from Berg Insight estimate that wearable computer shipments will hit 64 million in 2017, a nearly eight-fold increase from the 8.3 million wearable computers the firm estimates shipped in 2012. Berg Insight analyst Johan Svanberg says that the wearable computing market should grow quickly because “a perfect storm of innovation within low power wireless connectivity, sensor technology, big data, cloud services, voice user interfaces and mobile computing power is coming together.” Berg’s press release follows below.
From what we’ve seen of the initial smartwatch offerings, the new wearable tech category has left something to be desired. Despite the underwhelming introduction to this new technology, NextMarket Insights estimates that annual smartwatch sales will grow from 15 million units in 2015 to a staggering 373 million devices by 2020. This projected growth is due to several factors, including traditional watchmakers implementing technology into their watches, and the continued rise of the “active lifestyle segments.” As stated by the company’s chief analyst Michael Wolf, “the smartwatch category can become a substantial market opportunity even with fairly modest penetration of the broader mobile and watch-wearing public.” More →
Although smartwatches aren’t likely to be the “next big thing” along the lines of smartphones or tablets, they are likely to have a big breakthrough in 2014 when Apple, Samsung and others will likely release their own wearable computers to the world. The latest research from Canalys projects that smartwatches “are set to explode by the end of 2014″ when vendors will ship more than 5 million units, a 900% increase from the number of units Canalys expects vendors to ship this year. Canalys says that many of the smartwatches released next year will have important new features including “glanceable information, integration across sensors and hooks into web services” that will make them far more desirable to consumers than early smartwatch models. Canalys’s press release follows below. More →
The Pebble smartwatch has had a tremendous journey over the past three weeks. Not even a week after its announcement, the watch became the most funded project in the history of crowd-sourcing website Kickstarter. Eric Migicovsky, the company’s founder, and his team have since doubled in size from five employees to 10 and have sold 85,000 watches to 66,434 backers, raising more than $10 million in the process. The Pebble was in such high demand that Migicovsky made the difficult decision to limit pre-orders to 85,000, a number that was reached nine days prior to the project’s original end date of May 18th. More →
Pebble, the smartwatch that can display and interact with apps on Android and iPhone smartphones, announced on Wednesday a partnership with popular fitness app RunKeeper that will allow users to wirelessly control and display information from the app on their Pebbles. “Making the RunKeeper app accessible from Pebble is another step towards making fitness tracking simple for our users.” said RunKeeper CEO Jason Jacobs. “People don’t just want to track their fitness activities, they want to do so in the most convenient way possible, and you can’t beat the form factor of a smart watch.” RunKeeper boasts more than 10 million users and was one of the highest grossing health and fitness apps in Apple’s App Store in 2010. “We welcome RunKeeper to the Pebble app family and we’re flattered that they are our first app partner,” said Eric Migicovsky, founder of Pebble Technology. The smartwatch is being fully funded through the crowd-source website Kickstarter and has become the most funded project in the site’s history. The Pebble has garnered more than 53,000 backers and thus far has raised over $8 million. The device is slated to be released in September. Pebble’s press release follows below. More →
Kickstarter is filled with some brilliant, some not-so-brilliant and some very strange ideas, and if user interest is any indication, the Pebble ePaper smartwatch can likely be filed under brilliant. Allerta, the company behind the product, opened a Kickstarter page less than a week ago and has already become the most funded project of all time on the site, which allows users to make small and large donations toward projects they want to back. The company’s initial goal was to raise $100,000, however in the past six days the project has accumulated a whopping $3.6 million in funding. Read on for more. More →