Register

I agree with the Privacy Policy

SF Gate

Apple Watch is a big threat for Jawbone, Fitbit devices

September 10, 2014

Because the Watch tracks more than just fitness data, it will slowly exert a "cannibalization effect" on existing fitness-device makers like Garmin and Fitbit, said analyst Harry Wang of Parks Associates.

"It will eat into the demand for single function fitness bands," said Wang, Parks Associates director of health and mobile product research. "It will start to happen when Apple ships its product next year."

Parks Associates has projected worldwide sales of digital health and fitness bands would hit 22 million by the end of the year and 66 million by 2018.

However, the group also estimated smart watch sales would grow from 18 million this year to 121 million by 2018. Parks Associates made its projection based on Apple's Watch joining new smart watches coming this year from Samsung, LG Electronics and Google's Motorola.

From the article "Apple Watch is a big threat for Jawbone, Fitbit devices" by Benny Evangelista.

Previously In The News

Tablets lead the way for holidays

The winnowing raises the stakes in the rivalry between iPad maker Apple; Samsung, which produces the Galaxy line of devices; and Amazon.com, with its Kindle Fire tablets. Polls by research firm Par...

Roku introduces new version of streaming media player

The new stick, which resembles a computer flash drive, should help Roku stay ahead of competitors, especially if rumors of an upcoming streaming media device from Amazon prove accurate, said Brett...

Amazon Fire TV set-top box streams content to HDTVs

Brett Sappington, director of research at Parks Associates, said Amazon's distribution network gives it a reach rivaled only by Apple and Google. "The other thing Amazon has going for it, is th...

Google Chromecast usage waning, report says

A new report says usage of the Google Chromecast is declining even while adoption of other streaming media players is up. That could be a disturbing trend for Google, which made a big splash la...

‹
1
2
3
›