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

Coming smartwatch war with Apple kicks off in Barcelona

Huawei’s watch, which was developed by Ben Norton, a watch designer who has worked for Fossil and Armani, has a striking circular design and traditional-looking faces and drew considerable attentio...

Alarm.com IPO shows possibilities for profit in smart home services

While 1 in 5 broadband-connected U.S. households pay for some kind of professionally-monitored home security systems, fewer than 1 in 12 have installed so-called smart home gear, according to a sur...