Wearable technology keeps hooking people as COVID lingers

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By Marketplace. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

During the pandemic, especially with gyms shut down or just less appealing, people bought a lot of wearables. Those are smart devices that you wear on your body — in your ear, on your wrist or as a patch, even — that track your activity in some way. Look at sales of smartwatches. They jumped by almost 18% in 2020, according to Gartner. The research firm also forecasts that spending on wearables will grow to more than $81 billion by the end of this year. Marketplace’s Marielle Segarra talked to Ramon Llamas, a research director at International Data Corp., about why wearables got so popular during the pandemic.

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