Connected wearable devices are gadgets that are worn or attached to the body while being used and have the capability to connect and communicate. The device communicates either directly to the network through inbuilt connectivity capability or through other devices such as smartphone, tablet, or a PC. Some of the smart wearable devices available in the market are Google Glass, Samsung Gear, Moto 360, and Nike wristbands. These devices find their application in various sectors such as Fitness, Healthcare, Lifestyle, and Entertainment.
What will be the Market Trends, and Challenges for Connected Wearable Devices in next 5 years?
Banks, we have a respected 3rd party analyst weighing in on this very topic with his 5 year projection over here: Kicking off #ARMWearablesWK with an analysts view of the market
During ARM wearables week we saw several experts talk about the challenges and they are adoption rates, charging, ugliness and who will pay for services. All the content is gathered here ARM Wearables Week - 17 - 21 November 2014 - #ARMWearablesWK
I thought this was an interesting article "Fitness trackers are on the outs, but wearables are not". The most telling part is the end of the article where it asks if a device passes the turn around test.
Is there any chance of an update in the forecast this year? Since the marketplace changes so rapidly, it would be great to have an updated look at the wearables forecast