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11 Wearables Stats that Will Blow You Away 

By |November 27th, 2016|Market Data, Outside Sources*, Smart Watches, SMARTWATCHES, Statistics & Chartables, Uncategorized|


Wearable devices are often considered the next major extension of mobile computing. However, many investors might not know much about this market beyond the Apple(NASDAQ:AAPL) Watch or Fitbit‘s (NYSE:FIT) fitness trackers. Therefore, let’s dig deeper into this growing market and discuss 11 fascinating stats about it.



1. IDC expects worldwide wearable shipments to rise 38% to 110 million this year and exceed 237 million by 2020. The research firm believes that growth will be driven by an expanding lineup of vendors, new form factors like clothing and eyewear, and growing consumer awareness.

2. That market could grow at a CAGR of 17.8% between 2015 and 2020 and be worth $31 billion at the end of that period, according to research firm Markets and Markets. The firm believes that within that, sales in the Americas will rise the fastest, fueled by increasing consumer demand and new medical applications.

3. 71% of 16 to 24 year olds want a wearable device, according to a survey by GlobalWebIndex. This supports the notion that most wearable users are young — a Nielsen survey in 2014 found that 48% of wearable users were between 18 and 34.

4. 69% of men are likely to buy a wearable device, compared to 54% of women, according to the GlobalWebIndex survey. This explains why several wearable leaders like Fitbit have released more fashion-friendly and feminine devices over the past year.



5. 29% of wearable buyers earn over $100,000 per year according to Nielsen. That explains why Apple heavily promoted the Apple Watch as a luxury product with high-end price points and positioned it as a fashionable device.

6. The Apple Watch controlled 41.3% of the smartwatch market in the third quarter according to IDC. However, that represents a big decline from its 70.2% share in the third quarter of 2015, and shipments fell 72% year-over-year.

7.Meanwhile, Garmin‘s (NASDAQ:GRMN) smartwatch shipments surged 324% annuallyduring the quarter, boosting its market share to 20.5% and making it the second largest smartwatch maker after Apple. That growth was attributed to the expansion of its ConnectIQ app ecosystem, its focus on health and fitness instead of a wide variety of activities, and its new high-end Fenix Chronos smartwatches.



8. Fitbit remains the market leader in the overall (fitness trackers plus smartwatches) wearables market, with 25.4% market share during the second quarter according to IDC. It’s followed by Xiaomi, Apple, Garmin, and Lifesense — in that order. Fitbit’s shipments rose 29% annually during that quarter, giving it the second best growth rate after Garmin, which reported 107% shipments growth on strong sales of its smartwatches and Vivoactive fitness trackers.

9. Salesforce reports that over 20% of companies are testing out wearable devices in basic uses like security access, employee time management, and real-time employee communication. That bodes well for Fitbit, which already convinced many companies to participate in its corporate wellness programs to reduce health insurance costs.

10. The number one reason for buying a wearable device is health and fitness, according to PwC. This indicates that demand for fitness-oriented devices from Fitbit and Garmin might keep rising, but sales of multi-use smartwatches might wane.

11. 51% of respondents in a Rackspace survey stated that privacy was a major barrier in the adoption of wearable devices. The recent Mirai botnet attack targeting IoT devices and the surge in data breaches also might make consumers think twice before upgrading their watches, glasses, accessories, and clothing to their “smarter” versions.

The key takeaways

The tech industry clearly has high hopes for the wearables market, but it still faces a lot of hurdles ahead. Questions about practicality, privacy, and security will likely throttle market growth, while a flood of cheaper devices could commoditize the market. Nonetheless, investors interested in this market should keep following rising stars like Apple, Fitbit, and Garmin — and see which companies’ strategies attract more consumers in the long r

5 Ways Tech is Rewriting Society’s Rules

By |November 27th, 2016|Artificial Intelligence, News, Outside Sources*, Sample Reports, Uncategorized|

Technology is advancing so rapidly that we will experience radical changes in society not only in our lifetimes but in the coming years. We have already begun to see ways in which computing, sensors, artificial intelligence and genomics are reshaping entire industries and our daily lives. As we undergo this rapid change, many of the old assumptions that we have relied on will no longer apply. Technology is creating a new set of rules that will change our very existence.

Here are Five:

  1. Anything that can be digitized will be.
    Digitization began with words and numbers. Then we moved into games and later into rich media, such as movies, images and music. We also moved complex business functions, medical tools, industrial processes and transportation systems into the digital realm. Now, we are digitizing everything about our daily lives: our actions, words and thoughts. Inexpensive DNA sequencing and machine learning are unlocking the keys to the systems of life. Cheap, ubiquitous sensors are documenting everything we do and creating rich digital records of our entire lives.
  2. Your job has a significant chance of being eliminated.
    In every field, machines and robots are beginning to do the work of humans. We saw this first happen in the Industrial Revolution, when manual production moved into factories and many millions lost their livelihoods. New jobs were created, but it was a terrifying time, and there was a significant societal dislocation (from which the Luddite movement emerged).The movement to digitize jobs is well underway in low-salary service industries. Amazon relies on robots to do a significant chunk of its warehouse work. Safeway and Home Depot are rapidly increasing their use of self-service checkouts. Soon, self-driving cars will eliminate millions of driving jobs.

    We are also seeing law jobs disappear as computer programs specializing in discovery eliminate the needs for legions of associates to sift through paper and digital documents. Soon, automated medical diagnosis will replace doctors in fields such as radiology, dermatology, and pathology. The only refuge will be in fields that are creative in some way, such as marketing, entrepreneurship, strategy and advanced technical fields. New jobs we cannot imagine today will emerge, but they will not replace all the lost jobs. We must be ready for a world of perennially high unemployment rates. But don’t worry, because …

  3. Life will be so affordable that survival won’t necessitate having a job.
    Note how cellphone minutes are practically free and our computers have gotten cheaper and more powerful over the past decades. As technologies such as computing, sensors and solar energy advance, their costs drop. Life as we know it will become radically cheaper. We are already seeing the early signs of this: Because of the improvements in the shared-car and car-service market that apps such as Uber enable, a whole generation is growing up without the need or even the desire to own a car. Health care, food, telecommunications, electricity and computation will all grow cheaper very quickly as technology reinvents the corresponding industries.
  4. Your fate and destiny will be in your own hands as never before.
    The benefit of the plummet in the costs of living will be that the technology and tools to keep us healthy, happy, well-educated and well-informed will be cheap or free. Online learning in virtually any field is already free. Costs also are falling with mobile-based medical devices. We will be able to execute sophisticated self-diagnoses and treat a significant percentage of health problems using only a smartphone and smart distributed software.Modular and open-source kits are making DIY manufacture easier, so you can make your own products. DIYDrones.com, for example, lets anyone wanting to build a drone mix and match components and follow relatively simple instructions for building an unmanned flying device. With 3-D printers, you can create your own toys. Soon these will allow you to “print” common household goods — and even electronics. The technology driving these massive improvements in efficiency will also make mass personalization and distributed production a reality. Yes, you may have a small factory in your garage, and your neighbors may have one, too.
  5. Abundance will become a far bigger problem than poverty.
    With technology making everything cheaper and more abundant, our problems will arise from consuming too much rather than too little. This is already in evidence in some areas, especially in the developed world, where diseases of affluence — obesity, diabetes, cardiac arrest — are the biggest killers.

These plagues have quickly jumped, along with the Western diet, to the developing world as well. Human genes adapted to conditions of scarcity are woefully unprepared for conditions of a caloric cornucopia. We can expect this process only to accelerate as the falling prices of Big Macs and other products our bodies don’t need make them available to anyone.

Source: 6 Big Ways Tech Is Rewriting Society’s Rules

Augmented Reality Market Size Report, 2024

By |November 27th, 2016|Artificial Intelligence, Charts & Graphs, Market Data, Outside Sources*, REPORTS & ANALYSIS, Sample Reports, Uncategorized, Virtual Reality|

The Augmented Reality (AR) market size was USD 640.2 million in 2015. The increasing scope of applications across different industries, such as medical, retail, and automotive is expected to drive demand over the forecast period. AR technology is in the nascent stage with a huge growth potential, and has attracted large investments contributing to the industry growth.

According to the TechCrunch, “Over USD 1.1 billion has been invested in the last two months in this space. Investors are raising funds for the increasing number of startups”. For example, Magic Leap has received an investment of USD 590 million since 2014 for its head-worn device. Another technological advancement is the smart contact lens, which can automatically remove unsafe optical radiation. The smart contact lens consists of a small display that can project images into the wearer’s eye, an antenna, a camera, and motion sensors.

Recently, in 2016, Samsung has filed a patent for these lenses, which is fitted with a camera and image display in South Korea. Google is also developing glucose-sensing contact lenses that could help in detecting diabetes by continuously monitoring the glucose level. AR offers a large number of technology solutions to the retail industry, which improves interaction between retailers and customers. Emerging trends such as pop-up stores in the retail segment is anticipated to fuel growth. Gesture-based technology is an important part of pop-up stores, along with a camera and iPad catalog, as they aim at encouraging customer participation.

Furthermore, retailers willing to enter the online shopping industry find the lack of interaction with physical products as a barrier to making purchases. AR enables virtual trial rooms, which allow customers to try on products online. For example, De Beers has a tool that allows consumers to virtually try on jewelry. Thus, technological innovations related to high-end products with enhanced features are expected to offer abundant opportunities over the forecast period.

Asia Pacific Augmented Reality Market Revenue by Component, 2014 – 2024 (USD Million)

Component Insights

The AR software segment dominated the market with a revenue share of over 95% in 2014. However, the hardware segment is expected to witness a substantial growth at a CAGR of nearly 90% by 2024.

AR systems have three basic hardware components, sensors, processors, and displays. Innovations in hardware, such as the development of smart contact lens and advanced HMDs equipped with AR processors, are expected to induce substantial growth prospects for hardware equipment over the future.Display InsightsThe smart glass segment is expected to witness a significant growth on account of the increasing demand in the industrial and enterprise sectors. Advancements in smart glasses with more miniaturization, improved battery life, and better field of view may increase the segment demand.Head-mounted displays (HMDs) are expected to dominate the market accounting for over 65% of the overall revenue by 2024.

Several companies in the industry are working on developing HMDs for AR with advanced features. For instance, the modern HMDs are capable of employing sensors of six degrees of freedom that allow free head movement.Furthermore, the rising R&D activities in this segment are expected to gain momentum. For instance, the Korean Advanced Institute of Science and Technology (KAIST) has developed a high-performance HMD, which has an inbuilt augmented reality processor that would propel the demand.

Application Insights

The automotive application segment is expected to grow at a CAGR of nearly 75% from 2016 to 2024, owing to the increasing adoption of AR across the automotive industry. Several automotive companies have started employing AR into their advertising campaigns. For example, in 2008, MINI developed a print advert that uses a webcam and a desktop computer. It provides the viewers with a 3D walk-around of its new car by augmenting the print advert. Moreover, the automotive industry players are developing apps to enhance the driving experience, which is expected to be a high impact rendering driver.The industrial sector contributed around 20% of the revenue share in 2015, which is expected to witness a decent growth at a CAGR of nearly 70% for 2016 to 2024.Increasing scope of applications in complex machinery, maintenance, and assembly, is expected to augment expansion, which will result in achieving tangible profits.

Regional Insights

The Asia-Pacific augmented reality industry accounted for over 19% in 2015, growing at a CAGR of over 80% from 2016 to 2024. China is expected to drive the regional growth with the increasing investments in AR devices and software. The mobile AR market in China is driven by the proliferation of the smartphone industry.

Local vendors such as Renren, Tencent and Baidu have invested in the technology and are expected to launch nume

Source: Augmented Reality (AR) Market Size | Industry Report, 2024

Global Smartwatch units Sold 2014-2018 (Statistic)

By |November 21st, 2016|Charts & Graphs, Outside Sources*, Smart Watches, SMARTWATCHES, Statistics & Chartables, Uncategorized|

Statistic: Smartwatch unit sales worldwide from 2014 to 2018 (in millions) | Statista
Find more statistics at Statista

Smartwatch unit sales worldwide from 2014 to 2018 (in millions) The statistic shows forecast unit sales of smartwatches worldwide from 2014 to 2018. In 2018, sales of smartwatches are forecast to reach 141 million units. Unit sales in millions 5 19 38 75 141 2014 2015 2016* 2017* 2018* 0255075100125150175 Show further information

Source: • Global smartwatch unit sales 2014-2018 | Statistic

Global Wearables Shipment Forecast, by Device (Business Insider)

By |November 21st, 2016|Forecasts (In-Depth), Market Data, Outside Sources*, Sample Reports, Smart Watches, SMARTWATCHES, Uncategorized|

This research report highlights the key features, forecasts, trends and market dynamics needed to spur adoption of wearable smartwatch devices.

Source: Smartwatch & Wearables Research: Forecasts, trends, market, use cases – Business Insider

Report: Smartwatch Sales not falling — Shipments Increase 60% year-on-year (IDC)

By |November 16th, 2016|Forecasts (In-Depth), Market Data, Outside Sources*, Smart Watches, SMARTWATCHES, Uncategorized|

Are smartwatch sales tanking? Analysts are divided.

 A recent IDC report suggesting that smartwatch shipments plummeted by 50 percent over the past year has been rebuffed by rival analyst firm Canalys this week.

On the back of IDC’s claim that total shipments — the volume of devices sent to retailers to be sold on to consumers — dropped from 5.6 million in Q3 2015 to just 2.7 million in Q3 2016, Canalys argued that they actually rose 60 percent over the same period to reach 6.1 million shipments.

Both firms pegged Apple and the Apple Watch as the top seller — Canalys said 46 percent of shipments, IDC speculated 41 percent — but disagreed on who came next, and with what marketshare. Canalys rounded out its top five with Samsung (18 percent), Fitbit (17 percent), Garmin (three percent) and then Pebble (two percent); IDC went with Garmin (21 percent), Samsung (14 percent), Lenovo and Pebble (three percent each).


IDC used its data to assert that smartwatches “are not for everyone,” but Canalys is holding its judgement for another quarter. That’s because the firm believes that the incoming holiday season and the impact of the second-generation Apple Watch are two major factors that could indicate the current health and immediate future of smartwatches. Both firms agreed that pre-launch leaks of the Apple Watch 2 and the iterative updates made to the iPhone 7 may have impacted interest in and sales of the Apple Watch in the recent Q3 2016 period.

“The iPhone’s slowing momentum has affected consumer interest in Apple’s smart watch and the company needs to improve Watch sales in major markets outside of the US, especially China,” Canalys’ Jason Low said.

Interestingly, Low and colleagues found that China’s smartwatch market grew 42 percent year-on-year despite delays to Google’s Android Wear 2.0 platform and Samsung’s Gear S3, which is still to launch. Lower cost options, including those from Xiaomi partner Huami starting at $120, are seen as important to helping make smartwatches more affordable.

Meanwhile, Canalys reported that basic fitness band shipments grew 18 percent quarter-on-quarter to hit 11.5 million in Q3 2016.

“Together with smart watches, total wearable band shipments reached 17.6 million, signifying healthy year-on-year growth of 31 percent for the overall wearables market,” the firm added.

SmartWatch Market Declined 52% for Q3 2016. 

By |November 16th, 2016|Apple, Outside Sources*, REPORTS & ANALYSIS, Smart Watches, Uncategorized|

It seems like smartwatch fans are numbered.

Smartwatch sales declined 51.6% worldwide to 2.7 million in the third quarter, compared to 5.6 million shipments a year earlier, according to a new report published by International Data Analytics today (Oct. 24). Much of the downturn can be credited to the market leader, Apple, which saw sales of its Apple Watch plummet over 70% to 1.1 million.

With 41% of the market share, Apple is still leading. However, it’s a huge slip from the 72% it captured in the third quarter of 2015.

A big part of the issue for Apple is timing. The refreshed Apple Watch was released just two weeks before the end of the quarter, while the original watch debuted in May 2015. With “lower price points and improved experiences, Apple could be heading for a sequential rebound in 4Q16,” IDC wrote in its report.

Beyond Apple’s limited sales, Google and Samsung didn’t release wearables during the third quarter, which “left vendors relying on older, aging devices to satisfy customers,” noted Ramon Llamas, research manager for IDC’s Wearables team.

While devices like the Apple Watch come loaded with a variety of apps, the only clear use cases so far for such wearables are receiving notifications and tracking fitness activities. For some users, the former is less of a convenience and more of an anxiety-inducing function.

But health is showing showing real promise. Doctors have recommended that patients use fitness trackers, and, last month, Aetna Insurance announced plans to subsidize the Apple Watch for its customers.

For further proof that smartwatches are gaining traction as fitness devices, just look to Garmin. The company’s whopping 324% increase in sales from the year prior is “thanks to its growing list of ConnectIQ-enabled smartwatches and the addition of the fenix Chronos,” according to the report. Instead of trying to diversify into multi-purposes devices, like the Apple Watch, Garmin focused solely on health and fitness. The 600,000 units it shipped in the third quarter were second only to Apple.

Apple seems to be going in this direction as well, positioning the latest iterations of the Apple Watch to fitness aficionados with waterproofing, built-in GPS, and more health and fitness-oriented apps. There’s even the Apple Watch Nike+ aimed squarely at the running set.

All this represents a much more targeted audience than Apple typically goes after, but it could prove to be one that clearly sees the utility in a product that’s had trouble proving its worth

How to Invest in Wearable Technology, Apple's your Money Maker

By |December 9th, 2014|News, Outside Sources*, Surveys & Articles|

I believe GoPro has done this well for this long – soaring more than 180% since its June initial public offering – because it is the poster child for a market sector that is set for a major boom. According to the IDC forecasters, wearable tech will grow 78.4% through the end of 2018. If we want to get on the road to wealth that tech provides, then this is a sector we must cash in on. But I don’t want us to get hurt by messing with a risky stock like GoPro.

That’s why today I’m going to show you how to invest in wearable tech – the entire sector – with a single investment that offers both safety and big profits…


Way Beyond Action Cameras

Don’t get me wrong. I love GoPro Inc. (Nasdaq: GPRO) as a company. I like its story and I’m a fan of its technology – wearable cameras that “extreme” cyclists, surfers, and skiers use to capture and post their incredible stunts. In this market, however, we just can’t justify paying 80 times forward earnings. And besides being a risky stock, GoPro is just a start to the world of wearable technology.

How to Invest in Wearable Tech

That became abundantly clear Sept. 9 when Apple Inc. (Nasdaq: AAPL) introduced the Apple Watch. Due out next year, the smartwatch can be integrated with the iPhone, used with the new Apple Pay mobile-payments system, and loaded up with dozens of goods from the App Store.  More to the point, I think it will be a huge success.

Morgan Stanley agrees, saying that the Cupertino, Calif.-based tech giant could sell 30 million to 60 million Apple Watches in the first year alone.

That’s huge.

According to the researchers at ON World, consumers purchased just 4 million smartwatches last year. But ON World predicts shipments will hit 330 million in 2018 – a stunning 8,150% increase in just five years.

And that’s only one segment of the wearable tech market. Wearables also include medical devices, fitness and health monitors, GPS trackers, and virtual-reality headsets.

Google Inc. (Nasdaq: GOOG, GOOGL) has several fingers in the wearables glove. You know Google Glass. Worn as eyeglasses, the system displays text messages and maps, takes notes, records video, takes pictures, and displays video.

And Google is using its Android operating system to make an ecosystem play. Android Wear is designed to work with wearable devices from several developers and makers. As much as I like GoPro, Apple, and Google, there’s a much better way to play wearable tech, as I’ll explain. You see, it’s important to note that we’re still at the dawn wearable tech.

It’s a bit early to try picking the winners from the losers. What we’re looking for now is a way to capture as much upside as possible from the whole sector.

That’s where the Vanguard Information Technology ETF (NYSE Arca: VGT) comes in. It’s an exchange-traded fund composed of 90% technology stocks, most of which are based in the United States. Vanguard Info Tech has some 413 holdings, but more than half of its assets are in the fund’s top 10 stocks. For instance, Apple and Google make up 22.6% of the ETF’s holdings.  That right there gives us two major wearable plays. But Vanguard Info Tech holds at least four other wearable leaders. Take a look…

Wearable Tech Vanguard No. 1:


After nearly striking out on the mobile revolution, VGT holding Intel Corp.(Nasdaq: INTC) wants badly to sell its Edison semiconductor chips to wearable developers. And to bolster and promote the entire sector, Intel is sponsoring the Make It Wearable contest, with a $500,000 grand prize for the most innovative product. Besides selling chips, Intel is also making some moves into consumer products.

Earlier this year, the world’s leading semiconductor firm acquired Basis Science Inc. That $100 million play gives Intel a line of wearable fitness devices. Intel plans to further expand into wearables with a line of MICA smart bracelets. The fashion-centric line is the highlight of Intel’s recent partnership with watchmaker Fossil Group Inc. (Nasdaq: FOSL) and clothing retailer Opening Ceremony.  The Santa Clara, Calif.-based company also offers Jarvis, a smart headset that functions similarly to digital assistants like Apple’s Siri and Google Now.


Wearable Tech Vanguard No. 2:


Meanwhile, Microsoft Corp. (Nasdaq: MSFT) is focused on the software aspect of wearables. Like Intel, Microsoft largely missed the mobile revolution, but it has no intention of making that mistake with wearables.

Microsoft recently released a software suite for wearable devices, primarily smartwatches. OneNote, a free app designed for Android Wear, is being offered through Google Play.

At the same time, Microsoft will soon release its own smartwatch. The sensor-laden device will serve as a fitness tracker and will sync with iPhones, Android phones, and Microsoft’s own Windows Phone system.


Wearable Tech Vanguard No. 3:


Primarily known for navigation devices, Garmin Ltd. (Nasdaq: GRMN) is not only leveraging off its GPS expertise. With wearables, it’s also focused on fitness and health, which is the company’s fastest-growing division. For instance, Garmin’s fitness bands allow users to track their physical activity, including daily number of calories burned and steps taken as well as sleep patterns.

The company clearly picked a growth segment. According to market forecaster Canalys, we bought 1.8 million smart bands like those made by Garmin last year. That number will likely climb to more than 45 million by 2017.  Garmin also makes several sport watches that feature GPS tracking and fitness monitoring. And its Forerunner watches feature touchscreen technology that helps swimmers improve their stroke.


Wearable Tech Vanguard No. 4:


And then there’s Vanguard Info Tech’s backdoor play on GoPro – our old friendAmbarella Inc. (Nasdaq: AMBA).

Ambarella makes the video-processing chips that make GoPro’s cameras such a success. And the company goes well beyond the wearable market. It makes video-processing chips used in just about every digital camera we own – auto backup cameras, surveillance cameras, smartphone cameras, TV broadcast cameras. And that, in turn, reinforces one of the great selling points of Vanguard Info Tech – diversification.  This ETF not only gives us a broad play on wearables, but also covers a wide swath of other technology, including software, semiconductors, cloud computing, Big Data, and mobile.

Trading at roughly $98.50 a share, Vanguard Info Tech is well ahead of the overall market. Over the past six months, it has doubled the S&P 500‘s 3% return, and it’s nearly 40% ahead of the market over the past year. With its lineup of top tech names – and a concentration in tech’s fastest-growing sector – this is a great long-term play. Vanguard Info Tech is an investment that captures the quick profit potential in wearables while still helping you build a solid investing foundation.

Throw in market-beating performance and you have a real winner on your hands.


Flexible Display Growth Expected to Accelerate in 2015 [DisplaySearch blog]

By |December 8th, 2014|Charts & Graphs, Flexible Displays, Market Data, Outside Sources*, Sample Reports, Statistics & Chartables|

Flexible displays cover a wide variety of applications and form factors. Flexibility may refer to all, some, or only one attribute of the display application, manufacturing process, or materials used. We define flexible displays as those not only that can be bent or folded when active, but also those manufactured on flexible substrates and/or using a flexible processes.

Although foldable displays have not yet been commercialized, since late 2013, a variety of displays fabricated on plastic substrates have come to market. These first generation flexible displays offer the benefits of being very thin, light, and rugged. They also enable device design freedom with curved features.

Figure 1: Examples of Commercialized Flexible AMOLEDs

Source: Flexible Displays Technology and Market Forecast Report

As production of cell phones and smart watches that use flexible displays ramps up in 2015, the market is forecast to increase almost 9X over 2014. This nearly exponential advance is being enabled by rapid flexible manufacturing capacity growth as both LG Display and Samsung increase capacity on current lines and Samsung begins production at its new flexible dedicated A3 line.

In the short term, there is some market visibility based on capacity and production plans. However, looking further into the future, long-range forecasting of the flexible display market is highly complicated for multiple reasons. Some of the manufacturing technology required for the rapid growth of flexible displays is either unproven in mass production or has not been developed yet. Demand for flexible displays is highly price elastic. Even if the technology is feasible, it will need to be cost competitive with conventional displays.

In 2016 and beyond, there is little visibility. To provide borders on the range of possible market outcomes, we forecast the flexible display market in three scenarios according to technology developments and generation definitions analyzed in the Flexible Displays Technology and Market Forecast Report. Under the likely demand scenario, flexible display revenue is projected to grow at a compound annual growth rate of 119% from 2013 and exceed $20 billion in 2021.

Figure 2: Flexible Display Market Revenue Forecast

Source: Flexible Displays Technology and Market Forecast Report

Over the forecast range, and particularly beyond 2020, we assume there is more downside risk in the baseline forecast than potential in the upside forecast. The reason for this is the substantial amount of new manufacturing technology that not only needs to be developed, but must also meet cost targets and be ramped to high volume production in order for larger size applications to adopt flexible displays.

Regardless of the remaining challenges and unknowns about how fast and how far the market will grow in the long run, our outlook remains optimistic. From a simple applications perspective, any current rigid FPD could be replaced by thin, light, unbreakable, and even low-cost flexible alternatives. Also, flexibility may create new applications, some of which we may not have even imagined yet. These are the factors that are generating so much intense interest in flexible displays now. In 2015, flexible display commercialization is expected to accelerate. In the long-run, flexibility offers the pro

Posted by Charles Annis in DisplaySearch, Equipment, Small and Medium Displays on December 1, 2014  |  0 Comments

Stealing Passwords With Google Glass, Smartwatches, Web Cams, Whatever!

By |December 5th, 2014|Outside Sources*, Surveys & Articles|


An August 2014 article, by SecurityWatch, we often tell readers that they need to keep their smartphones secure with–at minimum–a PIN code. But after this year’s Black Hat, that might be enough anymore. Now all an attacker needs to steal a smartphone passcode is a video camera, or even a wearable device like Google Glass.

Presenter Qinggang Yue demonstrated his team’s remarkable new attack in Las Vegas. Using video footage, they claim to be able to automatically recognize 90 percent of passodes up to nine feet from the target. It’s a simple idea: break passcodes by watching what victims’ press. The difference is that this new technique is much more accurate, and fully automated.

Yue started off his presentation by saying that the title could be changed to, “my iphone sees your password or my smartwatch sees your password.” Anything with a camera will do the job, but what’s on the screen doesn’t need to be visible.

Finger Gazing
To “see” taps on the screen, the Yue’s team tracks the relative motion of victims’ fingers over touchscreens using a variety of means. They start by analyzing shadow formation around the fingertip as it strikes the touch screen, along with other computer vision techniques. To map the taps, they use planar homography and a reference image of the software keyboard used on the victims’ device.

The technical sophistication of this is really remarkable. Yue explained how using a variety of visual processing techniques, he and his team were able to determine the position of the victim’s finger over the screen with greater and greater accuracy. For example, the different lighting of parts of the victim’s finger helped determine the direction of the tap. Yue even looked at the finger’s reflection to determine its position.

One surprising finding is that people tend to not move the rest of their fingers while tapping in a code. This gave Yue’s team the ability to track several points on the hand at once.

More startling is that this attack will work for any standard keyboard configuration, just a numpad.

How Bad is It?
Yue explained that at close range, smartphones and even smart watches could be used to capture the video necessary to determine a victim’s passcode. Webcams worked slightly better, and the larger keyboard of the iPad was very easy to view.

When Yue used a camcorder, he was able to capture victim’s password from up to 44 meters away. The scenario, which Yue said his team tested, had an attacker with a camcorder on the fourth floor of a building and across the street from the victim. At this distance, he achieved a 100 percent success rate.

Change the Keyboard, Change the Game
If this sounds terrifying, never fear. The presenters came with a new weapon against their own creation: the Privacy Enhancing Keyboard. This context-aware keyboard determines when you’re entering sensitive data and displayes a randomized keyboard for Android phones. Their vision-based scheme makes certain assumptions about keyboard layout. Simply change the keyboard, and the attack won’t work.

Another limitation of the attack is knowledge of the device and the shape of its keyboard. Perhaps iPad users won’t feel so bad about knock-off devices.

If all that doesn’t sound like it’s enough to keep yourself safe, Yue had some simple, practical advice. He suggested entering personal information in private, or simply covering your screen while typing.

Original Article Posted August 14, 2014 by technology and security journalist Mr.Max Eddy of SecurityWatch.com