Gadgets that can track and monitor our life's daily functions
Implications - As technologies are invented to track and monitor our every move, the need to manually keep track of daily rituals is falling. Innovations that simplify or enhance our lives, from monitoring medicinal intake to tracking water expenditure, free up our time and energy to focus on other things.
Trend Themes
1. Environmental Monitoring Devices - As more and more information is released concerning the detrimental conditions of the earth and pollution levels, there is a need for products that can provide customers with information regarding environmental hazards in relation to their current location.
2. Eco-friendly Technology Products - The emphasis on being environmentally friendly is at an all-time high, and companies that are committed to providing consumers with products that are not only cutting-edge but also sensitive to their well-being will have a competitive advantage.
3. Wearable Technology - Innovations that can be incorporated or even personalized into clothing, jewelry, and accessories will continue to appeal to consumers who desire freedom of movement and real-time data collection.
Industry Implications
1. Environmental Industry - Companies can leverage technology to create devices that help track and monitor the environment, and use the data to create new products or services based on customers' needs.
2. Technology Industry - Businesses that focus on developing wearable technology can create new revenue streams by tapping into the growing market for products that combine style and functionality.
3. Healthcare Industry - Technology companies that create wearable or implantable health monitoring devices for patients have an opportunity to provide solutions for people who want greater control over their own health.
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Date Range:
Jan 08 — Sep 08
Trending:
Warm
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