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Posts Tagged ‘ wearables ’

More than a quarter of users abandon wearable devices, says Gartner

Wednesday, December 7, 2016 | More »

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Smartwatches and fitness trackers stand the risk of being abandoned rather fast. A latest survey by research firm Gartner Inc. has found that the abandonment rate of smartwatches is 29%, and that for fitness trackers is 30%, because people do not find them useful, get bored of them or they break. &#...

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Wearables market grows by 3% in Q3; Fitbit, Xiaomi beat Apple: IDC

Global wearables market grew by 3.1% year-on-year in the third quarter of 2016 with fitness bands registering a double digit growth. The wearable shipments crossed the 23 million mark in the quarter, according to data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device ...

7 December, 2016 | More »

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We won’t stop at 16% market share; we want 70%, says GOQii’s Vishal Gondal

In a year when funding crunch has become a buzzword, Vishal Gondal, raised funds twice for his fitness technology venture GOQii. Last week, the startup raised an undisclosed amount from seasoned investor Ratan Tata and in February, the venture capital arm of Edelweiss Financial Services Pvt Ltd had ...

6 October, 2016 | More »