I believe there is an opportunity and a market for the smart wear and smartwatches. There is a need for just the right kind of products to capitalise on the demand.
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3 hours ago
Thursday, March 27, 2014
A quick case study on Smartwatches
I believe there is an opportunity and a market for the smart wear and smartwatches. There is a need for just the right kind of products to capitalise on the demand.
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Interesting. And the last comments: wearable gear are eye catching just for first 15 minutes. Then what happen next? Will that be a big demand, sale-able products?
I think that is the question we are not sure about. The consumers are willing to try new products and services but it all depends on how good these products/services are designed. If they are designed well, they can retain their status. Having said that, there are new innovations happening, if you believe the patent filings Apple, Google, etc. that would mean that its not just the watches but the other wearables like headphones, shoes, clothes that will become smart too.
You might find very small number of users now, although its going to increase four fold soon, most of the population becomes tech-savy if the product is delivered at right price even though it doesn't provides complete solution. I think people now a days want something exciting every now and then. They tend to accept the idea of new and innovation pretty instant.
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