As technology advances, it continues to integrate seamlessly into our daily lives, from our cars to our reading habits, and now even on our bodies. The growth of wearable technology is evident as major companies announce plans to enhance their product lines and capabilities in 2019, making it a significant trend for OEMs seeking to capture market share in this space.

Wearable Trend

The popularity of wearable technology, such as Fitbit or Apple Watch, among consumers is on the rise. With expanding capabilities, there is a growing demand for more accurate wearables that can monitor various aspects from health to environmental conditions. According to Statista, the number of connected wearable devices worldwide is projected to reach 1.1 billion by 2022, a significant increase from the 526 million reported in 2016.

To further highlight the market potential and popularity of this segment, eMarketer reports that over 56.7 million US adults will be using a wearable device in 2019, with 3.8 million teens and children also incorporating wearable devices into their daily routines.

5G Will Be a Major Market Driver

As the excitement surrounding wearables like smart sunglasses and VR/AR headsets grows, they align closely with the anticipation of commercialized 5G networks and the OEM opportunities that come with them. With the broadband capabilities of true 5G, the industry will transform, enabling it to provide data that is exponentially faster and more precise.

Similar to how 5G is impacting the healthcare, automatic, and smartphone market, 5G wearables will incorporate sensors and advanced technology to deliver real-time vital signs and pinpoint your precise location with a level of accuracy not currently achievable with GPS systems. Thanks to 5G, wearable devices will no longer rely on being tethered to a smartphone; instead, they will have the autonomy to operate independently and communicate with other devices instantly, around the clock.

The Future of Wearables

Leading companies across various industries are currently at the forefront of developing cutting-edge wearable technology to secure their position in this dynamic market. Alongside the traditional wearables offered by industry giants like Apple, fashion and personal care brands such as Kate Spade and L’Oréal have introduced a range of designer smartwatches and innovative skin pH-tracking wearables. There's even a company that has created a smart diaper for young parents, showcasing the endless possibilities of wearable tech.

The future of wearables looks promising as technology continues to advance and wearable functionalities expand. OEMS need to act swiftly to seize opportunities in this rapidly growing sector. To meet the rising consumer demand for wearables, we recommend reaching out to the experienced professionals at EPTAC to ensure your team receives the necessary IPC certifications and training to excel in this field.

About EPTAC

EPTAC is an internationally recognized leader in solder training and IPC certification, providing professionals with the skills to accelerate their careers and businesses and the talent to succeed. For over 35 years, EPTAC has been helping corporations increase quality standards, improve productivity, and maximize profits.

With 24 locations in North America, EPTAC continues to expand its offerings and exceptional instructional staff to provide easy access to knowledge and skill-based programs when and where the industry demands it. Access our scheduled programs through our website or schedule your own corporate on-site training. For more information, call 800.643.7822 or contact us.