Tomorrow's wearables might not turn on your microwave or help you get out of a bad date. But they could save lives.
Remember life before high-speed Internet, or when having a smartphone was considered a luxury? Every few years, a new technology comes along, gains enough traction to become its own category, and has the potential to change how we live.
Enter wearables. Some expect wearable devices to repeat the growth pattern of smartphones. The category has increased its global market value by over 1,000% since 2012. More importantly, the amount is predicted to double over the next three years, reaching U.S. $12.6 billion and establishing wearables as the de facto product category for the connected world. But the prevailing wisdom among many purveyors of wearables that their products simply need to be cool—A ring that turns on your microwave! A necklace that triggers fake phone calls!—is plain wrong. The future of wearables is decidedly pragmatic. Wearables will care for the elderly, aid the disenfranchised, and maybe even help save lives. Read more: click image or title.
Get your Free Business Plan Template here: http://bit.ly/1aKy7km
Great info. Loving your business plan template, makes writing a plan almost fun.
Craig Heppell Nambour, Queensland
Via Rémy TESTON