Wearable technology is a “hot topic” at the moment. Designers are making technology devices more fashionable by creating apparel, accessories and fitness wear that can do everything from monitor your heart rate to charge your smartphone. As the wearable technology market continues to develop and new competitors come to market, developers and fashion leaders are joining forces to design, manufacture and market technology solutions. The joined forces of these two powerful entities (fashion + tech) will make clothing, glasses and wearables more attractive, fashionable and functional for the end user. Research from various sources has estimated that the Global market for Smart Fabrics and Interactive Textiles is projected to reach $2.6 billion by the year 2017. ABI Research expects annual sales of wearable devices to reach 485 million units by 2018. Credit Suisse projects that the wearables technology market will be worth $30-$50 billion dollars by 2020. Figures from various sources vary, but the underlying fact is that the market potential is huge.
Fashion and technology events are taking place across the country and all over the world demonstrating wearable devices, modifications and what’s next. Google Glass workshops are being conducted to demonstrate how to program one’s connected eyewear as new lenses and frames are becoming available. On February 4, 2014, Eventbrite is hosting a Brite Talk titled: Google Glass UX/UI/Dev and Wearables along with Brick Simple and Bay Area Mobile Design Meetup. Those in attendance will about the MirrorAPI and the new GDK development tool. The purpose is to bring together program developers and designers in order to brainstorm and collaborate on wearable technologies. Social Media enthusiasts as well as fashion industry leaders are encouraged to attend as well. Guests will have an opportunity to hear from: Dave Martinez (Google Glass evangelist), Det Ansinn (President and Founder of Brick Simple), Ana Huante (New Media Manager at Brick Simple), Dennis Ray Wingo (CEO of Skycorp), Ina Yosun Chang (artist, developer), David Lee (CEO of GPOP, artist and designer for wearables), Sebastian Cabrera (CEO of OT), Joe Sterne (blogger, photographer, explorer).
Conversations pertaining to wearable technology and fashion are just beginning and will continue to grow as new products enter the market and consumers demand fashionable technology solutions. The topic is global and local players are getting national attention. Earlier this week, the Wearable Technologies Conference took place in Munich, Germany. The conference focused on wearable technology design, manufacturing, supply chain and retailers. Bay Area based companies (Applied Materials, Dexperio, Kwame Corporation, Intel, Athos and Roche) participated in the conference and shared their products and services with a global audience. Smart timepieces, patient monitoring devices, textiles and Google Glass are all hot topics amongst the “Who’s Who in Wearables.” What’s next, and what fashion designer will come up with the latest “must-have” wearable technology for the runway? Keep your eyes peeled!!