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Wearables: From Function To Style

Activity bands will start to deliver more information than just steps, sleep and calories to deliver deeper analytics. In addition to added functionality, wearables will diversify in fashion in 2016.

In 2016, wearables will expand to include stacks of applications and IoT functionality. This will increase the need for security, making authentication a core feature in the wearables space.

The Smart Glasses & Head Mounted Devices space could get more interesting in the next couple of quarters, both in terms of funding, and startups formed, due to the huge potential which is yet to be realized in Virtual and Augmented Reality.

We envision a future where technology is further ingrained into our daily lives, but becomes easier, less taxing, and natural. Wearable Tech is the key to making this a reality.

More price competition in the activity tracker niche. When the Mi Band becomes more available globally and Garmin increases its market penetration, Fitbit could be in for a price challenge.

Wearable Tech will go more wearable than tech, focusing in on a key consumer benefit that cannot be gained through other technology.

As computing increases in power but decreases in size, it will make manufacturing and selling smart glasses a no brainer. Thus, enabling – even more – technologies like augmented reality.

Wearable Tech in the future won’t just provide data; it will seamlessly tell its users how to use data to improve personal wellness outcomes. Customized data on brainwaves will transform mental wellness in America and beyond.

Customers will stop caring about wearable hardware. The only differentiator in the market will be the wearable services that support real customer needs and context.

It has become increasingly challenging to impress consumers with products or services. Consumers crave deep digital experiences, in which wearables can play a central role.

Wearable technologies provide hands-free workers with messaging, monitoring, and alert capabilities, yet suffer from 15% average adoption rates. To leverage these opportunities, 30% of enterprises are actively planning wearable deployments.

Manufacturers will build wearables with IoT technology integrated into the device so they will become just like a phone at the local mobile phone store.

Going beyond tracking activity, sleep and nutrition – track cognitive functions, behavior, stress, mood, etc. More wearable tech vendors will offer integration with smart home technologies and lifestyle driven insights.

Five 2016 wearables trends include: soul-searching on fundamental value delivery, industry consolidation and strategy retooling, moving beyond health and fitness into new verticals, virtual reality innovations and breaking through the battery barrier.

Fitness will continue to be a primary focus as people pull back from being over-connected (email, social media, etc.) and move towards a physical focus. The rise of FitBit will impact Apple’s strategy.

Wearables will be invisible. Embedded in your clothing, maybe even beneath your skin. Providing data on not only fitness, but many other aspects of your life as well. Establishing a new basis for human analytics.

Data will drive healthcare policies in larger companies. HR departments have long provided incentives for healthy living (e.g. gym credit); now they can better understand what to reward, incentivize, etc.

Wearable of 2016 will be a device that can measure your mood, intensity and stress levels on top of calories, heart rate, steps, etc. It will also encourage you to go offline & stay inner connected once abnormal moods are detected.

Smart watches and glasses are primed to gain ground as workplace productivity game changers, primarily for “deskless” workers who need to receive or pass on information quickly on the go.

Wearables are going in the direction of seamless interfaces using transparent materials, and toward more virtual and telepresent interconnections.

Businesses will start to harness data from wearable tech for decisions on employee health and safety, but will need to assess the accuracy of sensor data, and consider privacy implications.

Soon I see wearables becoming proactive rather than reactive. Wearables will turn up the heat when you’re cold, pause media when you doze, or call 911 when you need help.

I see the wearable market expanding beyond activity tracking to reach broader audiences, connecting family members, providing emergency support services and analyzing data to identify health/ wellness issues early on.

Consumers in emerging markets will skip credit cards for wearables and other mobile devices for payments.

Wearable technology will take a sharper turn towards medical and health applications with emphasis on AI/ machine learning application of data interpretation for clinical and disease management.

Although most discussions of wearable tech center around consumer use cases, we believe that enterprise adoption of wearable technology will increase dramatically in 2016, particularly in field service and healthcare.

We will see more wearables designed specifically for women first. It’s not just about having the technical chops — it’s about deeply understanding the use case and the demographic.

The new Android Wear Marshmallow update includes three new gestures to make one handed use easier and even more powerful: lift (apps), push (expand card), and shake (home).

In airports wearables will become a channel to “push” information to passengers (e.g. gate changes or delays) and to carry travel tokens such as mobile boarding passes (2D barcode).

A growing variety of wearables use cases will begin to show the strengths of specific devices whether it be features such as real-time content streaming or accessing timely information for the user.

Cybersecurity in wearables is vital, including the device’s control app. The real value of a successful attack on a wearable device lies in the device’s connection to a smartphone.

Wearable technology will become smaller and smaller in the future until we actually see the emergence of ‘invisibles’, that you can barely notice, built into everyday items such as clothing.

Smart Glasses are no longer just for fighter pilots. They will become indispensable for workers in utilities, warehousing and surgeons who require both hands to manage products or treat patients.

All vibrators and sex toys becoming app enabled, making physical long distance romance a reality.

The next couple of years will see the furtherment of sleeker and more discreet health tech, the introduction of mainstream ‘hearables’ and the emergence of smart clothing.

Convenience & security will always be at the forefront of people’s minds. Staying connected to their activity, feeling in control with cool looking products are all important aspects.

In the next 2 quarters, we will see the start of AR eyewear, see embedded sensors in smart clothing and tap-anything-to-pay tech products entering the market.

Wearable Tech will continue to offer overwhelming choices resulting in more value. Key trends are keeping the consumer engaged while offering deeper insight to promote change and better habits.

Smartwatches and bands will need to focus on killer use cases outside of fitness to increase wider adoption. New IoT hardware and platforms should enable app developers to create new experiences.

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  1. One New York health insurer called Oscar recently announced it has developed a partnership with a wearable-device company , beginning a program that will link customer biometric information straight to their health insurance.

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