Xiaomi, the industry-leading wearable tech company, recently revealed the Mi Smart Band 5. The new product is compatible with iPhone as well as Android and will be released to Chinese markets shortly. The Mi Smart Band 5 is priced at $26.75.
The Mi Smart Band 5 has a number of new functions, which separate the unit from previous generations. Notably, the wearable has a wireless charging system and AMOLED display which was made 20% larger. The unit is powered by a new processor, which gives the unit the ability to track menstrual cycles, as well as give an overall picture of the user’s stress levels. Stress levels can be tracked using a heart rate monitor that is 50% more precise than previous devices from Xiaomi.
Stress-Monitoring Wearable Devices
Xiaomi Revealed the New Mi Smart Band 5 with Wireless Charging
Trend Themes
1. Wireless Charging Wearables - There is an opportunity for the wearable industry to develop more wearable devices that have wireless charging capabilities.
2. Advanced Health Monitoring - There is an opportunity for the wearable industry to develop wearable health monitoring devices that can track menstrual cycles, heart rate and stress levels.
3. Cross-compatibility Wearables - There is an opportunity for the wearable industry to develop wearable devices that are compatible with both iPhone and Android devices to reach a wider market.
Industry Implications
1. Wearable Technology - The wearable technology industry can further innovate with the inclusion of advanced health tracking technologies in wearable devices.
2. Mobile Technology - The mobile technology industry can collaborate with wearable tech companies to expand cross-compatibility and improve the user experience of wearable devices.
3. Health and Wellness - The health and wellness industry can benefit from the development of more advanced health monitoring wearables to encourage the tracking of daily health metrics.