Providing market intelligence for more than 35 years

Yahoo! Finance & News

Will the smartwatch be the key that unlocks connected health?

The market for wearable technology devices is still in its infancy but consumers are already favoring health and fitness applications.

New Parks Associates research published Tuesday shows that just 9% of US broadband households intend to invest in a smartwatch in 2015 and that 40% of shoppers have set a price limit of $100-$250.

This is "roughly equivalent to a high-end fitness tracker," said Harry Wang, director, Health and Mobile Research, Parks Associates. "We are in the early stages in the likely merger of smartwatch and fitness tracker product categories."

Fitness applications are already proving to be the most popular use cases for smartwatch owners and this could have a huge impact on the future of digital health. 

From the article "Will the smartwatch be the key that unlocks connected health?"

Previously In The News

Google Is Now Officially Beating Apple In The TV Streaming Market

Roku and Apple dominated the TV streaming market last year, but now Google’s Chromecast has pulled ahead of Apple to become a front-runner. Research firm Parks Associates just released some new...

One quarter of US homes will be streaming media via their TVs by 2015

In the first nine months of 2014 alone, 10% of American households with a broadband connection snapped up a set-top box or a media streaming stick -- that's equal to total sales of the devices in 2...

Technology Stock Roundup: Tech Stocks Down But MSFT/INTC Gain

Google Pulls Ahead of Apple in TV Streaming: According to a report from research firm Parks Associates, Google’s Chromecast now accounts for 20% of sales from set-top-box/streaming sticks. Roku rem...

New service wants to see if you'll pay for your YouTube favorites

The biggest question for Vessel, though, is how many of the people who like to watch short videos are the kind of people who will pay $3 a month for early access. "The real challenge for Vessel wil...