The idea of wearable technology has been around for a while – especially in science fiction. Many people thought we would all be wearing super smart and small computers by 2013, but this just isn’t the case. There are signs that more wearable tech is coming in the near future, but it still hasn’t taken off as well as some expected.
To understand this, you need to think about the specific reasons it might fail as well as some of the reasons it might actually succeed commercially. Because that’s the real question of whether or not wearable technology will stick around. If people can make money from it, there’s a better chance it’s going to be around more in the coming years.
How it Will Fail
Here’s a look at some of the reasons that wearable technology might fail in the years ahead. While there are a lot of reasons it might happen, we picked two specific ones that may have a big effect.
- Too Pricey – One of the biggest things that might cause wearable technology to fail is the price. If set too high, it’s going to cut down on the number of people who are able to afford it. This, in turn, will directly affect how quickly people start using the technology and how fast it spreads.
- Too Exclusive – This is currently the problem with Google Glass – it’s too exclusive. This may be intentional so that Google has a bit more time to work out the bugs and get the price down, but keeping it too high for too long will lead to its failure on the world market.
- Too Complicated – People are not stupid by any means, but it’s important for wearable technology to be super easy to use – and reliable – if it’s going to take off and become popular. This is true of any technology, but it’s even more relevant when you’re talking about technology you can wear.
- Not Compatible – Last but not least, you need to take a look at whether the wearable technology coming out is compatible with current systems or not. If it isn’t, this is bad news and may lead to it failing in the consumer market. Even if it’s the coolest technology ever, compatibility is still very important.
Why it Might Not Fail
On the other hand, here are some of the positives of the situation – reasons why wearable tech will become more popular.
- Consumers – If you know anything about trends and technology, you know that consumers can be a really fickle bunch of people. They may get it in their minds that wearable tech is great which would help it succeed. With personal blogs and social media these days, it might be the time for wearable tech to really take off.
- Availability – Another reason it might actually take off soon is because of the availability. To date, people have had to hunt down music technology they could wear. This is about to change, and making it more available to the public might help it become more popular with the general populace. This is true throughout the world.
- Price – Additionally, you have to look at the price. If developers and designers are able to bring prices down – a lot – there’s a better chance that wearable tech is going to become more popular around the world. The good news is that most technology tends to go down in price over time.
The Future is Bright
As long as you’re not a Luddite, the future of wearable technology is very bright. Indeed, we’ve heard of coats that light up with LED embedded into the fabric to make pedestrians more visible at night and in bad weather conditions. In all seriousness, a lot of pundits are asking whether or not wearable technology will fail, but it’s really too early to tell.
Over the next 12 to 24 months, it’s going to be very interesting to watch what Google, Apple and the other leading tech companies do when it comes to wearable tech. Even more interesting will be if new and unknown companies come forward with new wearables that fit all the requirements listed above for something to succeed.