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Artificial Intelligence

Wearable AI Device Market is Predicted to Surpass a Revenue of USD 69.31 Billion by Growing at Notable a CAGR of 26.10% During 2022-2028; Growing Adoption of Artificial Intelligence and Rising Health Awareness Among People to Drive Market G

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Westford, USA, Feb. 13, 2023 (GLOBE NEWSWIRE) — The wearable AI device market in the North America region is predicted to gain the biggest market share during the forecast period by growing at a significant CAGR. The market’s expansion can be ascribed to the rising use of artificial intelligence and the rising demand for machine learning across a number of different industrial verticals. Further, the rising health awareness and increasing trend of wearing smart devices are predicted to drive market growth.

SkyQuest’s recent insights show that more than 35% of organizations across the region used artificial intelligence in 2019 and this percentage is estimated to increase significantly over the forecast period owing to the boom in digitalization and the rising demand for smart gadgets.

Browse in-depth TOC on “ Wearable AI Device Market”

Pages – 243

Tables – 97

Figures – 72

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https://skyquestt.com/sample-request/wearable-ai-device-market

The Internet of Things (IoT) artificial intelligence wearable exquisitely links all the information to real-time health monitoring detectors that provide timely reports and display various health parameters that assist patients in making quick decisions and taking the necessary actions to keep themselves fit. Smartwatches, activity trackers like VR headsets, smart bracelets, web-enabled eyewear, and Bluetooth headsets are examples of a wide range of modern wearable devices.

Prominent Players in Wearable AI Device Market

  • Apple Inc.
  • Com Inc.
  • Google LLC
  • Microsoft Corporation
  • Sony Corporation
  • Garmin Ltd.
  • Oracle Corporation
  • IBM Corporation
  • Huawei Technologies Co., Ltd.
  • Samsung Electronics Co., Ltd.
  • Fitbit, Inc.
  • Bragi GmbH
  • Motive Mechatronics Inc.
  • Moov Inc.
  • FocusVentures, Inc.
  • BioBeats Inc

Browse summary of the report and Complete Table of Contents (ToC):

https://skyquestt.com/report/wearable-ai-device-market

Increasing Adoption of Wearables and Smart Technologies to Drive the Wearable AI Device Market Growth

As wearables like glasses and watches become more popular among consumers and become more relevant to fashion trends, the market is expected to increase dramatically. In fact, it was found by SkyQuest in one of the research that more than 441 million smart wearables were supplied globally in 2021. Additionally, it is estimated that increasing usage of technologies like sophisticated cloud technology, IoT, and machine learning would increase demand for AI-based products, which will in turn propel market expansion.

The wearable AI device market in North America region is predicted to gain the largest market share by growing at a significant CAGR during the forecast period. The growth of the market can be ascribed to the increasing adoption of cutting-edge technology, the presence of significant smart watch manufacturing businesses, and increasing consumer disposable income. Additionally, it is predicted that rising demand for smart timepieces/smartwatches in wealthy countries like the United States will spur market expansion. SkyQuest noted that in 2019, more than 20 million smartwatch pieces were sold in the USA and this is estimated to increase during the forecast period owing to growing urbanization and millennials’ rising interest in smart gadgets.

Smartwatches Segment to Hold the Largest Market Revenue Owing to Its Wide Popularity

The global wearable AI device market is segmented by product type into the smartwatch, earwear, eyewear, and others. Among these, the smartwatch segment garnered over 30.0% of market revenue in 2021 and is projected to gain the largest market revenue during the forecast period. The market for wireless sports and fitness equipment particularly, smartwatches is expected to increase as customers become more conscious of their health. Additionally, the increasing innovations, rising acquisitions, and product launches by the key market players are predicted to boost segment growth. SkyQuest found Apple is developing a bigger Watch Ultra. The speculated Apple Watch Ultra model will have a larger 2.1-inch display. The 2024 version of the Apple Watch Ultra is expected to feature a 10% larger screen than the current model, which has a 1.93-inch touchscreen.

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Consumer Electronics Segment to Secure Highest Market Revenue in the Wearable AI Device Market

The consumer electronics segment gained the biggest sales share of over 30% in 2021 as a result of consumers’ increased preference for smart wearables to monitor their health and it is also predicted to gain the highest market revenue during the forecast period. Consumer wearable electronics include smart apparel for fitness, athletics, leisure, and multimedia. Wearable technology is frequently used to measure everyday activities and personal health objectives. Moreover, the rising innovations by key market players is predicted to drive segment growth. SkyQuest found during the study that in February 2022, Noise debuted the newest smartwatch, the Noise Color fit New, on Amazon. The watch incorporates a heart rate and oxygen level sensor, Bluetooth calling, AI voice help, and other significant health monitoring functions.

Moreover, the market in Asia Pacific region is predicted to grow at the fastest rate during the forecast period. The growth of the market can be ascribed to the increasing demand for smartwatches in the region owing to the rising health awareness among people mainly regarding heart health. In addition to this, the growing efforts by the government to expand smart technologies and the prominent presence of key market players are predicted to boost market growth.

The research study on wearable AI device offers a comprehensive and in-depth analysis of the top market participants, including details on their earnings reports, supply chain dynamics, important innovations, and technical breakthroughs. The research also offers crucial recommendations that companies should think about as they get ready for future growth.

Key Developments in the Wearable AI Devices Market

  • IBM declared that it had reached a strategic collaboration deal with Amazon Web Services in May 2022. Both firms are investing in joint ventures in order to make it easier for enterprises to use IBM’s services and integrate them with AWS.
  • To create AI that can track driving behavior in real-time and make recommendations for safer driving, TomTom International BV will collaborate with Loop Mobility, Inc.
  • In order to give consumers a more comprehensive approach to their health and wellness, including stress management capabilities and a sleep tracker, Fitbit LLC announced the debut of Fitbit Luxe, a fashionable fitness and wellness tracker.
  • Researchers from Nanyang Technological University have developed a new kind of bendable, highly sensitive light sensor. The purpose of this study is to open the door for flexible wearable technology with UV sensitivity.

Key Questions Answered in the Wearable AI Device Market Research Report

  • What are the anticipated growth rates and market size for wearable AI device globally?
  • What major trends are presently influencing the wearable AI device market landscape?
  • Who are the key players with the biggest influence in the target market?
  • Which market divisions and subdivisions are anticipated to dominate the wearable AI device market during the next few years?

Related Reports in SkyQuest’s Library:

Global Biometrics System Market

Global Wi-Fi 6 Market

Global Digital Signage Market

Global Carbon Neutral Data Centre Market

Global Smart Robot Market

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SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

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Artificial Intelligence

Saviynt Appoints James Ross as RVP-ANZ to Strategically Accelerate Growth in the Australia and New Zealand Region

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LOS ANGELES, May 22, 2024 /PRNewswire/ — Saviynt, a leading provider of cloud-native identity and governance platform solutions, today announced the appointment of James Ross as RVP-ANZ as the company has seen rapid growth in the Australia and New Zealand (ANZ) region, with double digit growth year over year.

Saviynt has solidified its position as a key player in the cloud identity security landscape with its Identity Cloud. The company’s continued focus on innovation and client satisfaction has contributed significantly to building a safer Australia with prominent customers across the energy and utilities, finance, retail, energy, and transport and logistics sectors.
“James’ appointment as the Regional Vice President (RVP) for ANZ marks a strategic move to accelerate growth and solidify market presence in the region,” said Dan Mountstephen, SVP APAC at Saviynt. “With a proven track record of dynamic leadership at Collibra, ForgeRock, and CA Technologies, James brings a wealth of experience and expertise to the role. His visionary approach and collaborative spirit are poised to inspire and mobilize teams toward ambitious targets.”
Saviynt has consistently expanded its client base and deepened its relationships with existing customers through customized solutions and unparalleled support, cementing its reputation as a trusted partner in the region’s cybersecurity ecosystem. As RVP ANZ, Ross is set to foster key partnerships and implement agile strategies to propel the company towards new heights of success in the dynamic ANZ market.
“Joining Saviynt excites me because it’s an opportunity to help more organizations simplify their identity ecosystem in order to drive efficiencies and improved security posture. I am committed to leveraging Saviynt’s cutting-edge solutions to continue to broaden our partnerships in the region to improve our accessibility for customers, strengthen our regional delivery, whilst continuing to provide a great customer experience,” said Ross.
To learn more about Saviynt, please visit our website.
About Saviynt
Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt’s cutting-edge solutions have been recognized as industry leaders. For more information, please visit www.saviynt.com.
Press Contact
Jacklyn [email protected]
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Artificial Intelligence

Appdome Sweeps Cybersecurity Excellence Awards

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Unified Mobile Defense Platform Recognized for Innovation and Leadership Across Nine Cybersecurity Categories
REDWOOD CITY, Calif., May 21, 2024 /PRNewswire/ — Appdome, the mobile app economy’s one-stop shop for mobile defense, today announced it has received a total of nine (9) Cybersecurity Excellence Awards. The Appdome Unified Mobile App Defense Platform was awarded best in class across nine categories in recognition of the comprehensive breadth, depth and value of the Appdome platform to brands and enterprises alike.

“We congratulate Appdome on being recognized as an award winner in 9 categories of the 2024 Cybersecurity Excellence Awards,” said Holger Schulze, CEO of Cybersecurity Insiders and founder of the 600,000-member Information Security Community on LinkedIn, which organizes the 9th annual Cybersecurity Excellence Awards. “With over 600 entries across more than 300 categories, the awards are highly competitive. Appdome’s achievement reflects outstanding commitment to the core principles of excellence, innovation, and leadership in cybersecurity.”
Within a single pane of glass, Appdome delivers the most complete set of no-code, no-SDK, fully automated mobile defenses to mobile brands and enterprises, empowering mobile developers, cybersecurity, fraud and IT teams to deliver on any mobile cyber objective quickly and easily.
The nine (9) categories in which Appdome received a Cybersecurity Excellence Award are:
Mobile Security Platform: Appdome is the only enterprise-grade mobile security platform built for full mobile defense lifecycle management, visibility and control to brands and enterprises alike, including key features for build, test, release, monitor, response, and compliance automation. Mobile Security Automation: Appdome is the only mobile defense solution that uses machine learning to code and build over 300+ mobile app security, anti-fraud, anti-cheat, anti-malware, anti-bot, geo-compliance and other defenses in Android & iOS apps in the DevOps pipeline.Mobile Social Engineering Defense:  The Appdome Social Engineering Prevention solution is the first of its kind to protect mobile users from voice phishing (Vishing) scams and other imposter scams, T.O.A.D. attacks, Remote Access Trojans (RATs), Gold Pickaxe, FaceID bypass and more without an SDK or external servers.Mobile Bot Defense: The Appdome MOBILEBot™ Defense solution is the first mobile anti-bot solution to come out of the box compatible with any industry standard web application firewall (WAF) on the market and provide multi-layered bot, credential stuffing and Account Take Over (ATO) defense without an SDK, external server, performance limits, or restrictions.Mobile Geo Compliance:  Only the Appdome Mobile Geo-Compliance solution guarantees accurate and authentic geo location of mobile devices, applications and users without code or coding in the mobile app, without implementing an SDK and without deploying additional servers.Mobile XDR: The Appdome ThreatScope™ Mobile XDR solution is the only mobile attack and threat monitoring service that comes pre-packaged into the mobile defense lifecycle, requires no device agent, device profile, separate code, coding, SDK or server, and provides real-time detection and automated response across internal (employee facing) and external (consumer facing) Android & iOS apps.DevOps Mobile Security Tool: The Appdome platform’s fully integrated Security Release Management™ capabilities and Appdome Certified Secure™ mobile DevSecOps certification offer the only true enterprise-grade compliance assurance, audit and control for mobile defense at brands and enterprises, allowing quick verification that all security, anti-fraud and compliance objectives have been met.   Mobile Application Security:  With 300+ separate defenses for mobile apps, Appdome has the most comprehensive set of mobile application security features available in one product, fully compatible with all mobile Android & iOS apps.”Nine Cybersecurity Excellence Awards for Mobile Defense tells a very compelling story for the incredibly complex Dev, Sec, and Ops challenges organizations face detecting and defeating mobile-based risks and attacks,” said Chris Roeckl, Chief Product Officer at Appdome. “Point products make these challenges worse by adding complexity and overloading already taxed cyber and engineering teams. Appdome is the only platform simplifying work, bringing all these unique challenges under a single pane of glass, delivering 300+ protections and simultaneously resolving the security, fraud, resilience and compliance challenges brands and enterprises face.”
Learn more about the award-winning Appdome Platform at www.appdome.com or request a personalized demo at https://www.appdome.com/request-a-demo/appdome-home/
The full list of awards are available from the Cybersecurity Excellence Awards website  https://cybersecurity-excellence-awards.com/
About AppdomeThe Appdome mission is to protect every mobile app and mobile user in the world. Appdome provides the mobile industry’s only Unified Mobile App Defense platform, powered by a patented mobile coding engine, Threat-Events™ Threat-Aware UX/UI Control, and ThreatScope™ Mobile XDR. Using Appdome, mobile brands eliminate complexity, ship faster and save money by delivering 300+ Certified Secure™ mobile app security, anti-malware, anti-fraud, mobile anti-bot, anti-cheat, geo compliance, MiTM attack prevention, code obfuscation, social engineering and other protections in Android and iOS apps with ease, inside the mobile DevOps and CI/CD pipeline. Leading financial, healthcare, government and m-commerce brands use Appdome to protect Android and iOS apps, mobile customers and mobile businesses globally. Appdome holds several patents including U.S. Patents 9,934,017 B2, 10,310,870 B2, 10,606,582 B2, 11,243,748 B2 and 11,294,663 B2. Additional patents pending.
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Artificial Intelligence

Courageous Whistleblowers Reclaim Derogatory Terms As Data Shows 80% of Financial Professionals Stay Silent on Suspected Internal Fraud, Fearing Retaliation

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Enron whistleblower, Sherron Watkins, alongside stars of Apple TV’s The Big Conn, Sarah Carver and Jennifer Griffith, reclaim derogatory labels for whistleblowers          Concerning new data shows more than half of financial professionals in the UK and US have spotted or suspected internal fraud in their workplaces, yet four out of five stay silent fearing retaliation          32% of professionals in finance have seen whistleblowers victimized behind their back or to their faceJACKSONVILLE, Fla., May 21, 2024 /PRNewswire/ — New data from fraud detection software company Medius shows more than half of financial professionals in the UK and US (56%) have spotted or suspected internal fraud in their workplaces yet four in five (81%) stayed silent. When asked why, 45% of professionals cited the fear of recrimination.

Whistleblowers Sherron Watkins, Sarah Carver and Jennifer Griffith have joined forces to reclaim the derogatory names they were called after reporting serious internal financial fraud.
To help empower others to come forward, the whistleblowers are reclaiming the terms “snitch”, “rat” and “traitor”.
Sherron Watkins is the former Vice President of Enron Corporation who alerted the CEO to accounting irregularities, warning the organization “‘might implode in a wave of accounting scandals.” Watkins received national acclaim for her courageous actions and TIME magazine named her along with two others as their Persons of the Year in 2002, calling them simply ‘The Whistleblowers.’
Sarah Carver and Jennifer Griffith are the stars of Apple TV’s The Big Conn after they exposed a fraud scheme of more than $550 million while employed at the Social Security Administration. In efforts to silence their disclosures, they experienced multiple acts of severe retaliation and were denied protection. Ultimately, both Carver and Griffith were forced from employment.
Concerns of repercussions are vindicated – the survey reveals the extent to which financial professionals in the UK and US have witnessed negative consequences for whistleblowers firsthand:           
59% have seen whistleblowers subsequently left out of important decisions           33% have seen whistleblowers moved to a different team           32% have heard whistleblowers called derogatory names behind their backs or directly to their faceWhen asked what would encourage them to flag suspicious activity, 93% of workers surveyed would feel more comfortable doing so if they had more evidence, yet nearly half (48%) said the legal system simply does not adequately protect whistleblowers.
Jim Lucier, CEO at Medius, a leading global provider of cloud-based accounts payable automation and spend management solutions, said:
“White collar crime is on the rise and no organization is safe. Employees are the last line of defense against fraud but confidence to report suspicious activity is declining. AI anomaly-detection technology can provide employees with the evidence and assurances they need to be more forthcoming. Building a culture where employees feel comfortable to report their suspicions could save organizations millions in the long-run.”
Medius works with over 4,000 customers across 102 countries and processes $200 billion in annual spend. It uses the power of AI and automation to detect fraud the moment invoices are submitted safeguarding against bad actors and potential threats, internal and external.
Sherron Watkins, whistleblower who was called a “snitch”, said: “When someone is troubled by corporate wrongdoing and they attempt to sound the alarm, the pathway is uncharted, things happen organically. Normal rational people speak about their concerns with their closest friends and work colleagues, who often suggest staying safe saying “keep your head down, if you must report, go soft, nothing black and white.” Yet black and white evidence is what is needed to get the attention of those in power, either internally or with media or outside watchdog groups to prevent or stop fraudulent activity.”  
Jennifer Griffith, whistleblower who was called a “traitor”, said: “Choosing to blow the whistle involves more than just the desire to right a wrong.  It’s about protecting their employers from fraud. However, it’s more often than not seen as causing trouble for the employer, or as a self-serving action to get a financial reward. No one who chooses to blow the whistle expects to have their reputation attacked, their credibility impugned or to lose their job. The cost of ignoring a whistleblowers complaints are far greater than acknowledging that a problem exists and taking steps to fix it.  It’s been 19 years since I blew the whistle and the problems that existed then with the Social Security Administration still exist today. We must do more to protect whistleblowers.”
Sarah Carver, whistleblower who was called a “rat”, said: “The government’s attempt to conceal the fraud resulted in exacerbated damage, whereas a more prudent approach would have entailed immediate acknowledgement and rectification upon initial disclosure. The retaliatory measures aimed at silencing me made me stronger and fight harder to find someone to listen and stop the fraud.”
Georgina Hallford-Hall, CEO of Whistleblowers UK, said: “Too many organisations talk the talk but fail to engage with whistleblowers often at great cost to both. Technology used properly can remove the fear that both organisations and whistleblowers have about dealing with whistleblowing because it removes the person and focuses on the concerns or malfeasance. WhistleblowersUK are calling on the UK government to introduce an Independent Office of the Whistleblower to protect everyone from discrimination setting standards that end stigmatisation and discrimination making it safe to speak up.”
The billboard advertising campaign runs on Wall Street from Saturday, 18th May to Friday, 24th May 2024.
For more information about how Medius can prevent fraud, visit: https://www.medius.com/whistleblowing/
Notes to Editor
Methodology
The research was conducted by Censuswide with 1500 financial professionals in the UK and US (aged 18+) between 04/22/24 – 05/07/24. Censuswide abide by and employ members of the Market Research Society which is based on the ESOMAR principles and are members of The British Polling Council.
For more information, please contact: 
Fight or Flight for [email protected] / +44 330 133 0985
This information was brought to you by Cision http://news.cision.com
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