Wearable Technology

How Wearable Technology Can be an Industry Game Changer in 2024

Wearable technology is essentially a blanket term for electronics that can be seamlessly worn on the body, in the form of an accessory or a portion of material utilized in clothing. Wearable technology, fashionable technology, wearables, tech togs, wearable devices, or fashion electronics are basically known as smart electronic devices which could be worn over the body in form of accessories or implants.

As per the reports, the global Wearable Technology market is anticipated to reach US$ 170.91 Billion by 2025

Presently, there are many different kinds of wearable technology; however, few of the most famous devices are activity trackers as well as smartwatches. It is known that one of the key features of wearable technology is the capability to connect to the internet, allowing data to get exchanged between the device and a network.  Actually, wearable technology offers an extensive variety of applications that increases as the field enlarges. In addition to commercial uses, this technology is being integrated into the retail sector, advanced textiles, navigation systems, and healthcare. The innovations brought in the field of wearable technology can prove to be an industry game-changer, and such innovations can be applied across different industries. Now let’s have a look at how this technology can be an industry game-changer.

  • Retail:

There is a market for developing customer-facing applications which can seamlessly integrate with different wearable devices like smartwatches to offer a comprehensive brand engagement experience. However, the actual game-changer for the retail industry is the way in which wearable devices can enhance inventory control as well as employee productivity. It is found that smartwatches and smart glasses with barcode reading features incorporated into inventory control software applications as well as back-office analytics deliver affordable result to inventory management. Apart from that, such types of devices can be utilized for quality control by enabling the wearer to utilize image capture features to generate real-time verification of malfunctioning inventory to the inventory control application directly. Moreover, wearable devices can even replace as mobile payment platforms which enable suppliers, merchants, and retailers to process payments without being attached to a static point-of-sale mechanism. 

  • Education:

Educational software is developed with the overarching objective of making the process of learning more interactive, accessible, and effective for students. Hence, it is obvious that in the present time, educators would be fascinated by using technology that can impart the best learning for their students. The implementation of wearable technology in the classroom can provide students a secure and highly interactive learning experience along with facilitating educators the convenience to record and inspect student academic performance in real-time.

  • Gaming:

There is an exceptional opportunity for contemporary game developers to build apps designed particularly for wearable devices that yield highly sophisticated gaming experiences for users. It is known that the gaming applications designed for wearable devices possess the capability to integrate built-in elements from the devices like gyroscopic motion sensing and gesture tracking to serve an interactive game experience.

Because wearable tech devices turn prevalent among businesses and consumers, it is certain that the demand for applications that can execute on them increases. The utility and expediency of wearable devices would offer unique benefits for any business targeting to seek profit on the recent technological trends. There are several industries that have by now perceived the potential for the use of wearable computers. Furthermore, they have held on to this budding trend in order to save money, save lives, boost efficiency, or develop interactive user experiences.

Check: iPhone game development company

  • Finance and Insurance:

Wearable computers have the capability to lay a prominent effect on the financial services industry as well. Apart from flexible client-facing banking applications as well as voice-activated payment transaction-based platforms, it is certain that field agents can utilize smart devices mainly for real-time assessment as well as on-site damage claims authentication. Such kinds of applications, when incorporated with claims management systems, could boost employee efficiency and quickens the claims process. Though, it is vital to consider that security within financial applications is as essential as utility and appearance. Therefore people looking to create a financial application for wearable devices must be cautious about making sure that their software maintains the similar strict standards that are valid for several other applications in this industry.

  • Healthcare:

The healthcare industry has already used some wearable devices such as pacemakers and blood glucose meters, in order to enhance the quality of care and survivability among patients facing diabetes and arrhythmia. It is the healthcare industry where recovering patient outcomes is significant for the sustained success of the provider. Hence, this industry is swift to implement externally worn medical devices within the patient care aspects.

Certain devices like fit bands can seamlessly function to monitor the heart rate in real-time, they can also measure calorie counts, glucose levels, distances ran, blood oxygen levels, and sleep cycles as well. Those patients who wear such devices can have their health stats instantly integrated with their Electronic Medical Records (EMR). Other than EMR integration, such devices can be interfaced with customized mobile apps to analyze the development of treatment and allow patients to satisfy wellness goals to avoid a setback in illness. Furthermore, health and lifestyle fitness bands could be seamlessly integrated with first response software in order to facilitate patients with emergency services during the situation of health crises which might render them helpless to contact EMT services.

Check: Developing medical software

  • Wearables in Enterprise Mobility Strategy:

Utilizing the wearables as a component of a corporate mobility strategy is still pending decision because enterprise app development teams are engaged in the procedure of taking up the smartphones. The major goal of the enterprise app development team is to make the work of employees simple and effective. Moreover, the Enterprises will be capable of seeking more benefits for apps that need minimum financial investments.

  • Taking Over the Smartphones:

Presently, many enterprises are extensively using smartphones. With the purpose to prove their real worth, Wearable Tech could effectively prove that they actually have such practice which is impossible with the help of smartphones, because they are either not trustworthy or unprepared to manage. In this growing stage of development, it is known that wearables behave like some kind of accessory, especially for smartphones. However, portability, as well as hand-free usage, is considered as the key benefit that will allow positioning it in a place that outwits the smartphones.

  • Sports training are becoming smarter with wearable devices:

Past were the days in which injuries were much scarier than what they are today. Broken bones and Concussions have never been unfamiliar to athletes; however, with the advancement of technology, it is now possible to assess the impact and inspect the condition of a sportsperson at a minimum cost and avoid prominent injuries.

In addition to that, the daily progress of physical performance can also be monitored with the help of fitness trackers. It is a wonderful aspect to consider that such small gadgets can supervise a wide range of several metrics like our calories burnt, heart rate, hydration, blood glucose levels, blood pressure, etc. The list is long, and it continues, so what we are presently observing is just the beginning.

  • Helps you attain your fitness goals:

The wearable devices go beyond tracking to let you attain your fitness goals. In reference to your health, wearables can aptly track essential data like the number of hours you slept the previous night, the number of steps you walked, and the number of calories burnt during a workout. However, the most amazing aspect of such devices is the things they can do with your important data. In order to let you stay fit, wearables can effectively guide foods to eat, quit smoking, lose weight, and encourage you constantly to attain your fitness goals.

To understand this, you can check out the latest variety of wearable health technology wearables known as smart socks. These wearables comprise textile pressure points which can track your feet’ movement along with providing feedback to enhance your playing and running skills. Moreover, they are found to be perfect for walking, running, hiking, skiing, playing, and cycling. Certain wearable technology fitness gadgets, for example, the LifeBEAM Smart Helmet assist you in securing your head from falls whenever you are tracking your fitness levels.

  • Wearable technology can keep you and your belongings secured:

People are often tensed about the security of their personal belongings and themselves as well. Moreover, the security concern is found more among parents. Now you need to be concerned regarding your safety or safety of your personal belongings because there are many smart devices such as Safelet that assist you to provide security.

A smart bracelet can effectively alert your friends, loved ones, family, and colleagues by broadcasting your present location while you are incapable of communicating through the phone during an emergency. The device lets it easy for people to trace your location and so security can be availed as soon as possible.  With people touring very often, wearables such as safety are expected to play a promising role in the future.

Concluding Note:

Wearable technologies possess endless capabilities to outshine in different fields. The technology is promising, and the corresponding devices are expected to give effective results. Please contact us if you are looking for wearable app development, we will be glad to provide free consultation and estimates.

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Written by:

Stuti Dhruv

Stuti Dhruv is a Senior Consultant at Aalpha Information Systems, specializing in pre-sales and advising clients on the latest technology trends. With years of experience in the IT industry, she helps businesses harness the power of technology for growth and success.

Stuti Dhruv is a Senior Consultant at Aalpha Information Systems, specializing in pre-sales and advising clients on the latest technology trends. With years of experience in the IT industry, she helps businesses harness the power of technology for growth and success.