01 Feb The convergence of smart technologies in one wearable phone
The smartphone market is still in its infancy, and yet with each passing year, new and more powerful mobile devices are released that outshine previous generations. In fact, smartphone technology has progressed to the point where it rivals the desktop and portable devices with enough memory and computer power to support complex work applications.
Simultaneously, smart wearable technology is emerging at lightning speed. The Fitbit launched just over 2 years ago in May 2013. In March 2015, market research firm GfK reported 17.6 million smartwatches and health and fitness trackers (HFT) bought worldwide in 2014, and that number continues to grow exponentially. [1]
But, it is impractical to wear single- and dual-use devices such as health and fitness monitors and “smart watches” that are dependent on the user carrying a handheld smartphone for most functionality to even work — including networking, applications, and interfacing.
The future is wearable smartphones. It free users entirely from handheld phones, watches, and scores of wrist-based monitors. Companies like ours are designing new wearable products and technologies that will replace handheld phones and Internet-connected devices as the primary wireless communications.
OEMs will be able to drive the future of the mobile industry with new 3D interface, display, and biometric identification systems and capture more of the market. For the incumbent smartphone OEM looking to create breakout products in a rapidly commoditizing market, there is opportunity in licensing products and technologies that can be incorporated into generations of mobile devices.
[1]http://www.prnewswire.com/news-releases/gfk-forecasts-51-million-wearables-bought-globally-in-2015-294678211.html
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