Have you ever used a FitBit Tracker, Google Glass or the Apple Watch? This list of wearable technology devices goes on, and is ever-evolving due to consumer awareness and demand.
Over the past few years, there’s been an explosion of wearable technologies in our market that has proven to be a game changer in the business world. Wearables have revolutionized the way we access technology in our everyday lives, from healthcare and wellness applications to safety and prevention gadgets.
Wearable technology markets are comprised of a variety of industries, including:
- Fashion (maturing market)
In our white paper, “A Historic Shift to Smart Products,” the first of a three-part white paper series on “The Internet of Things and Its Impact on IT and Engineering,” we examine the growing popularity and possibilities of wearable technology. BI Intelligence estimates that the global wearables market will grow at a compound annual rate of 35 percent over the next five years, reaching 148 million units shipped annually in 2019, up from 33 million units shipped in 2015.
These wearable devices can connect wirelessly via Bluetooth, WiFi or cellular networks, engaging in machine-to-machine communications with other devices and with remote systems, including web services to provide information such as weather or location, medical monitoring services that track blood pressure, or information services provided by web publishers.
Tech companies are competing to keep up with consumer demand.
IT and engineering are becoming symbiotic as technology continues to expand and impact every aspect of life. Combined with the Internet of Things (IoT), developers and engineers are pushing technical boundaries to yield new and customized products to consumers. To accommodate, product engineering has greatly shifted, requiring seamless integration of design, programming and production. Companies are adapting to new technologies as big data and the IoT are influencing production from conception to execution.
Join the revolution.
Engineering and IT professionals have incredible career opportunities at their fingertips. Wearable technology will create an entire new set of jobs as the IoT expands across sections. For example:
- IoT trainers
- Technology implementation managers
- IoT-specific engineers
We’ve identified a number of real world problems and the wearable technology products that will provide solutions to these problems over the next 10 years. Do you have the skill sets to build the future and make these technologies come to life?