Posts Tagged: "wearable"

At the center of each lawsuit is the assertion of a single patent covering personal data collection technology integrated into a series of smartwatches. The patent-in-suit asserted by Sportsbrain against each of these defendants is U.S. Patent No. 7,454,002, titled Integrating Personal Data Capturing Functionality into a Portable Computing Device and a Wireless Communication Device and issued to Sportbrain in November 2008… Each of the suits filed by Sportsbrain identifies a specific product and companion apps which work in tandem to collect personal data and provide feedback to wearers.

The fitness wearables market is driving millions of shipments per year in silicon and devices. By 2019, IDC predicts that the worldwide wearables market will grow to around 155.7 million units. In addition to driving revenues — the fitness wearables market alone is projected to reach nearly $30 billion US dollars in 2016 as noted. The patent licensing landscape for this market is on the verge of explosive growth, especially since many of the patents used in IoT technology are nearly 20 years old.