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Crowdfunding for Wearable Technologies Infographic

Crowdfunding for Wearable Technologies Infographic

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Published by: Crowdsourcing.org on Apr 15, 2014
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08/30/2015

WEARABLE TECHNOLOGIES

CATEGORIES
PROJECTS RESEARCHED
• Activity/Fitness Tracking • Health Monitoring • Personal Security • Smart Textile • Wearable Computers/Hands -free Communicators • Virtual Reality

CROWDFUNDING

300

MONEY RAISED

$11,815,777

$33,173,558

SUCCESS RATE
(Reached 100% of the Goal)

% 34% 34

45%
DELIVERY RATE

(for projects funded in 2011-2013)

24%
IGG

flexible funding on IGG

18%

51%
KS

MOST FUNDED

$1,502,828
KREYOS: The ONLY Smartwatch With Voice & Gesture Control

$10,266,845
PEBBLE: E-Paper Watch for iPhone and Android

AMOUNTS RAISED
(of All Launched Campaigns)
26.0% 16.0% 0.7% 4.7% 9.3%
Indiegogo Kickstarter

14.0%

8.0%

13.3%

$1M+

$100K-1M

$50K-$100K

less than $50K

Countries the Successful Projects have Come from 20

GEOGRAPHY
(Total Countries: 20)

Florida

California

Canada

New York

California

United Kingdom

Top Locations

Top Locations

THE MOST UNUSUAL PROJECTS
: The tail that wags when you get excited : The first device to translate animal thoughts into english : Smart Diapers : An Entire Band in your Pocket

TOP 10 MEDIA COVERING WT CROWDFUNDING PROJECTS
TechCrunch

The Verge Engadget

Gizmag Venture Beat

Cnet Digital Trends

Fast Company

Gizmodo

Mashable

BY YEARS
(Number of Projects & Money Raised)
Successful Projects
68 45 1
2010

Money Raised (in thousands)
$16,562 $942.6 $397.9 $18,896 $8,191

6
2011

19
2012 2013 2014

(first 3 months)

2010

2011

2012

2013

(first 3 months)

2014

CONCLUSIONS
Wearable Technologies Market is Growing Fast. 34% of Successful Projects have been created in California. But on Indiegogo there are only 16% CA projects in 2014 comparing to 29% in 2013. Asia & Europe are Catching Up. 22% of All Projects Have Raised between $100K & $1M. Delivery Rates are Very Low, Especilly for Campaigns with Flexible Funding. Kickstarter Has Significantly Higher Success & Delivery Rates. None of the Products were Delivered On Time.

www.CrowdfundProductions.com

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