Wearables are now a significant part of corporate wellness and remote patient monitoring programs. However, long-term investment from seniors remains a challenge, despite an increasing need for seniors to have better healthcare options. See Also: Richer, sicker seniors to drive medical wearables market growth Garmin and Tactio Health Group, two major companies involved in telehealth […]
Residents of Singapore now have the option of contactless payment wearables, thanks to the collaboration between EZ-Link, Watchdata Technologies and Garmin. In late January, two contactless payment options were introduced. “This collaboration with EZ-Link puts Singapore on the road map as the first country in South-east Asia to offer a contactless payment solution where you […]
Fitness trackers and wearable fitness technology are a rising trend for both serious athletes and individuals who like to occasionally exercise. Both types are caring more about their health stats these days, and VO2 plays a big role in that department. VO2 Max has been used in high-end watches for a while now, but it has […]
Garmin has added a new safety option to several of its fitness monitors with the addition of a new feature named Beacon, which was designed by Strava. Beacon, which was unveiled earlier this year, provides several features that focus on keeping hikers, cyclists, runners and other people safer when they exercise. When these individuals leave […]
Fitbit is reportedly buying the troubled Pebble smartwatch in further consolidation in the flagging wearables market. Full details and dollar value of the deal hasn’t yet been made public but the two firms, which were said to be in the final stages of a tie-up prior to Thanksgiving, have now reportedly inked a deal. And […]
Garmin’s stock price rose to its highest level in 52 weeks after reporting better than expected earnings and revenue for the second quarter. Investors were pleased to see Garmin transition from the lacklustre automotive industry to the growing fitness market. The automotive segment accounted for 39 percent of the company’s revenue in 2015, but now […]
In today’s busy world, there is an emerging trend in quick and easy bill payment on the fly. Consumer interest is growing at a rate that is driving firms to look for ways to create connected payment solutions. According to Tractica, wearable payment transaction amounts could grow to around $501 billion by 2020, with close […]
Wearable makers are starting to look closely at the Chinese market, as more customers in the country pick up their first wearable product. In the past few months, Fitbit entered the market through a deal with Alibaba and Motorola launched the Moto 360 in late 2015. The smartwatch has seen impressive sales, though the Apple […]
Apple is challenging the leader, but hasn’t beaten it yet.
Your smartphone simply isn’t going to hack it as a running watch. Here’s why.