Connect with us

Hi, what are you looking for?

Jewish Business News

StartUps

U.S. consumers warm to wearable tech, Europeans cooler: study

File of Apple CEO Tim Cook speaking during an Apple event announcing the Apple Watch at the Flint Center in Cupertino
Consumers are warming to the idea that wearing a computer on their wrists or clothing may not be the fashion faux pas that early clunky prototypes led many to fear, with 2015 poised to be a breakout for the much-hyped trend, a new study has found.

Forrester Research said in a report to be published on Tuesday that the number of people using a wearable computer will triple in 2015, led by the expected arrival of Apple Watch, which it predicts will draw 10 million users next year.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at [email protected].
Thank you.

But polling data used in the study of thousands of U.S. and European consumers suggests more Americans can see themselves putting on a computer than their European counterparts, at 45 percent versus 32 percent of those surveyed.

Consumers are more likely to imagine wearing watches or health monitors on their wrists, followed by devices which clip onto clothing or fit in the ear or on so-called smart glasses. But again, there are regional differences as Americans are category by category more willing to consider all manner of such devices, from smart jewellery to contact lenses to tattoos.

And while strong consumer interest exists for wearable devices, a bigger driver of demand is coming from businesses looking to supply employees with all types of new body gadgetry.

“The wearable market will take off as brands, retailers, sports stadiums, healthcare companies, and others develop new business models to take advantage of wearables, ” J.P. Gownder, the author of the report, wrote.

More than two-thirds of business decision-makers polled for the study, or 68 percent, said developing a wearables strategy for their business was now a priority.

Look for wearables that monitor the safety of field workers, location-aware smartwatches that help managers assign shift workers in real-time and video and photo devices that augment the human insights of technical inspectors, researchers said.

The business poll was conducted in June among 3, 104 business and technology decision-makers. Working with the polling firm Ipsos, Forrester surveyed 13, 003 European consumers in April and March. More than 4, 500 U.S. consumers were surveyed in March. The consumer surveys were conducted online, which tends to skew the results toward the tech-savvy, Forrester noted.

The report follows a flurry of research from financial and market research firms showing a coming wave of growth over the next few years. Morgan Stanley, in a report published last month, predicted the category could top one billion devices by 2020 in its most bullish scenario, with growth ramping up faster than smartphones or tablets did in their breakout years.

Newsletter



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Life-Style Health

Medint’s medical researchers provide data-driven insights to help patients make decisions; It is affordable- hundreds rather than thousands of dollars

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

History & Archeology

A groundbreaking discovery in the Manot Cave in the Western Galilee, Israel has unearthed the earliest evidence in the Levant (and among the world's...