An Entrepreneur’s Guide on Wearable Application Development
Wearable devices are no longer limited to wristwatches, thanks to technological advancements. The Internet of Things (IoT) has ushered in a new era in wearable technology, such as smartwatches. Wearable products are mass-produced in the apparel and healthcare industries. Wearable technology allows two devices to communicate through the internet. The majority of these gadgets are made to work with smartphones. The majority of wearable technology devices need a mobile app to keep track of data. These modern devices are still in their infancy, and there is a long road ahead of them. Wearable technology has seen an exponential rise in popularity over the last two decades.
Wearable devices such as smartwatches, fitness trackers, and hearing aids have become indispensable in our daily lives. The sum of money invested in the wearable technology industry reflects this. The wearable device market is a massive area of opportunity. It provides an excellent opportunity for entrepreneurs and companies, with total revenue of nearly $28 billion in 2016 and estimated revenue of $34 billion by 2020. The applications that power these devices, which are now commonly referred to as “Wearable Apps,” are a key driver of the wearable tech industry. Wearable Apps, unlike traditional smartphone apps, are supposed to perform tasks that are much more unique and imaginative.
If you think the wearable craze will go away in a few years, you deny reality. Some of these statistics below will give you an insight into how the wearable technology market is expanding and how it is expected to change in the future.
- The global wearable technology market was worth USD 32.63 billion in 2019 and is expected to rise at a 15.9% compound annual growth rate (CAGR) from 2020 to 2027.
- In 2019, the wrist-wear device segment dominated the wearable technology industry, accounting for over 45.0 per cent of total sales. From 2020 to 2027, the eyewear and headwear product segment is projected to grow at the fastest rate of 16.9%.
- The cumulative shipments of wearable devices are projected to hit over $560 million by the end of 2021, generating $95.3 billion in revenue.
- By the end of 2026, the wearable technology industry is estimated to have grown by 23% in a year, reaching more than $150 billion.
- According to the statistics, wearable applications are poised to modernize the world. Wearable’s are here to help you create successful interactions from your creations, whether you’re entering the digital space for the first time or looking to extend your current digital presence.
If you are an entrepreneur exploring the idea of starting up, a wearable app business might be the right choice?
Wearable technology in the workplace (also known as “wearables”) has a futuristic appeal, making it an attractive investment for businesses looking to develop and revolutionize their workforce automation. Wearables can assist companies in dealing with issues such as employee policies, clients, and properties. But, for both ordinary individuals and businesses, what are the benefits and advantages of wearable technology? What are some of the ways companies are putting it to use, and which companies are leading the pack in this race?
- Wearable technology is crucial to the success of 79 percent of businesses that have embraced it. Wearables helped 76 percent of people increase their results. 86 percent say they’ll increase their wearables spending. The statistics clearly show the impact of investing in wearable technology for businesses.
- Such technologies can be used in many areas within the organization. In the healthcare sector, for example, doctors may use wearable technology to see into a patient’s veins right away, rather than waiting for scans or X-rays. Emerging wearables in construction allow staff to peer inside piping concealed behind walls, eliminating the need for costly repairs. Wearable technology in the workplace can allow us to solve issues more quickly and in ways that favor both the company and its customers.
- There’s no denying that introducing new technologies into workplaces that have relied on the same processes and systems for years can be disruptive and lower employee satisfaction. Still, the right technology can significantly improve employee morale. When that happens, you’ll be even more satisfied at work, and your productivity will almost always rise at the same time. If you choose the right wearable technology for your business, you’ll almost certainly see a massive increase in employee satisfaction and engagement, which alone makes the investment worthwhile.
- Wearable technology for the wrist, such as smartwatches and fitness trackers, is known for its health benefits. Fit workers are efficient employees, as any HR professional can tell you. If offering a company smartwatch as a perk of working for the company results in employees spending more time in the gym, their job performance could improve significantly.
- The ability of wearables to attach to other systems is one of their most essential features. In reality, many of these devices may require some type of integration with a larger platform to be useful. If you’ve invested a lot of money on a new CRM, development system, or project management platform, it’s worth checking to see if it supports wearables.
Planning the Wearable App Development
Any business that could make its high-tech services (such as mobile applications and websites) accessible to users on a wearable device needs a wearable technology strategy. Businesses that can use wearable’s and wearable applications as part of their tech strategy would have an even greater need. We can’t know what products and technologies will be released in the future, so it’s a good idea to plan so that you can adapt current applications and apps to work with wearable technology. You may also take a creative approach by coming up with new ways to use high-tech wearable’s.
- It’s critical to comprehend how people would use the apps or mobile applications if they were translated into a wearable-friendly format. A lot of the features in a company bookkeeping app, for example, would be too complicated and inconvenient for a smartwatch user. However, there are several features that users can find helpful when on the go, such as an app that allows you to scan receipts, monitor expenses, and accept payments. It all comes down to knowing the users’ immediate “on the go” needs versus their needs at home, in the workplace, or in more relaxed circumstances while using a smartphone. Interactions with a wearable are shorter, quicker, and more intuitive than pulling a mobile from your purse or pocket, requiring less thinking. Remember that wearable devices will be on the body for an extended period.
- Consider what features and functions you would include as core components of a wearable app. Smartwatch apps and other wearables concentrate on the basics, so consider what features and functions you would use as core components of a wearable app. To put it another way, how can you prune your mobile app to leave just the essentials? If it is more convenient for consumers, some smartphone apps can be split into several smartwatch apps. You’ll be well-positioned to build an app that can easily be transformed into a smartwatch app or made into an app for a yet-to-be-released smartphone if you bring up wearable technology during the mobile app development process.
- Are there any different types of wearable technology you might start working on now or shortly? Suppose your business is in the booming Dallas healthcare industry, for example. In that case, it may be a good idea to look for new ways to use tech wearables to encourage wellbeing or even diagnose and control illness. A smartwatch software and add-on device/accessory that measures body temperature, blood pressure, heart rate, and oxygen saturation in the blood may be in high demand. Identifying areas where wearables and other high-tech technologies will help you gain a competitive edge in your industry can help you gain a competitive advantage.
Key Design Factors to Consider
To succeed in the highly competitive modern automation environment, the concept on which your app is built should be imagined with the right ease of use and properties. It’s important to understand what factors should be taken into account when developing applications for wearable devices.
- Designing a user experience for a wearable device is difficult; due to the limited screen size, it should be done with great care. To allow users easy access, the interface should be kept as simple as possible. While there are some challenges in developing the UX, it provides a quicker assessment for interaction and is easier to manage than mobile apps.
- Since the companion device (smartphones) will most likely communicate with the wearable device through Bluetooth, the proximity of both devices is essential. This, in essence, aids in the implementation of animations, and consumers do not have to wait as long for data to be exchanged. If the companion system is out of control, a mechanism should be in place to ensure data backup and transfer.
- Since the small hardware needs a small battery with low energy power, make sure the app is as light as possible to allow for adequate usage. Developers should understand the user experience of wearable devices with long-lasting batteries when designing and developing the app. This entails avoiding background battery-draining features, turning off the screen when not in use, and using the platform’s optimization tools.
- Since wearable apps and devices are still relatively new on the market, the resources available for wearable app creation which be restricted. Check for bugs and glitches regularly, and take customer feedback seriously. Users would like to update their current app to keep using it. Customers are more likely to uninstall an application if the feature becomes obsolete, lowering customer satisfaction.
- Wearable devices have recently made inroads into various consumer sectors, including healthcare, lifestyle, fitness, industrial, finance (wearable pay), law enforcement, and military. Although innovation is rapid in this sector, there is a pressing need to create applications rapidly to capture the demand.
Types of Wearable apps one can look at for inspiration (fitness tracking, calorie counter etc.)
Wearable technology growth is now mainstream, and companies are actively investing in it. One cannot disregard the trend of people becoming more interested in wearables. Let’s take a look at some of the most popular apps for wearables.
- With the Parking app, you won’t have to waste time looking for the right parking space. One of the most well-known examples of a wearable app helps you check for a parking space without remembering it. All you have to do now is log the car, and you’re done!
- This is yet another wearable app that has proven to be a success! If you’re searching for a weather app that’ll offer you reliable forecasts, Accuweather is a good option. This app provides you with real-time weather forecasts.
- This seven-minute workout app has become popular among health-conscious users looking for help with weight loss and fitness. This fitness app, which is compatible with your Smartwatch, will serve as your gym trainer, motivating you to lose weight. It includes 12 high-intensity exercises with ample rest times for a great workout.
- Bring- This innovative wearable software allows you to enter data using your wearable device to plan and organize your shopping list. With just a tap on your Smartwatch, you can manage your grocery shopping list using the app’s choices.
- Google Fit is Google’s well-known fitness app for Android wear that focuses on improving users’ fitness and exercise structure. This clever app keeps track of all your physical activities and workouts, providing you with a real-time image of your bike rides, races, jogs, and walks.
The wearable app market is still in its early stages. It does, however, have plenty of space for innovation and a plethora of highly lucrative opportunities for business people and entrepreneurs to seize. It’s no surprise that companies like Google, Apple, and Samsung continue to devote a large portion of their capital to benefit from this industry. The real difficulty in implementing wearable’s as part of the Internet of Things is connecting these islands with data that can be correlated in ways that give us new insights into ourselves and the world around us.