Endorsed as the next big thing in technology, wearable gadgets have flooded the fledgling wearable industry with array of Internet-connected smartwatches and head-mounted devices. Wearables represent a wide range of category that includes – fitness trackers, smartwatches, smart glasses, military gadgets, interactive clothing like tattoos and even ingestible pills that collect data while wandering our inner body parts. In the near future, people will embellish their lives with wearable gadgets. A cloud filled with abundance of information will float around them including details of their sleeping habits, what they ate for lunch, whom they met, what plans do they have in coming week, month or year as well as their health updates like heart rate, sugar level, blood pressure and much more. Undoubtedly, to meet the hype and outpace the demand, companies are rushing out with snazzy gadgets. And, for that they will be taking leverage of consumer’s goldmine data like Insurance companies will likely use the data to adjust their policies and offerings, marketers will likely harvest the personalized data to market their products and much more. But in racing to meet the hype, many companies may have outpaced demand and rushed out products too soon.
What do you think? – Is wearable technology really the next big thing? Is it the next category of technology that will change the way we live? Are smartwatches, fitness trackers, military gadgets and those snazzy Google glasses are a thing we’re supposed to accept as ‘The Future’? Or, all this is just a passing fad?
Let’s see what experts have to say about wearable technology, what’s the future of Wearable technology, global wearable technology market trends and how to benefit from wearable technology boom.
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