Increasing demand for fast, powerful, efficient and affordable mobile devices has driven the creation of highly portable hardware and the robust infrastructure needed to support a flourishing ecosystem of wearable devices. The wearable industry’s massive potential has spurred large companies such as Samsung and Google to launch their own wearable products, transforming how once skeptical investors and entrepreneurs view the space. The industry may still be in its early stages, but the number of companies developing wearables is fast expanding. With this growth comes an increase in overall product diversity. To help demonstrate this massive growth, we have created an infographic (below) that identifies the major players within the space and showcases the infrastructure companies that support these new devices in order to help paint a more detailed picture of the taxonomical state of the wearables industry.
Let’s start by defining both the Internet of Things (IoT) and wearable technology. To put it simply, the IoT is comprised of any device, often referred to as a smart device, that connects to the Internet. Wearables are devices that are worn on the human body. It’s important to understand that this infographic is focused on where wearables and IoT overlap, but there are many wearables lacking an Internet connection that are not represented in this infographic.
In order to find the key players, we created a large index of wearable tech companies. Once we built an extensive list, we began to research and categorize each company, identifying the major trends in the industry. We constructed this infographic based on two major ideas -
1. Wearable devices can be naturally categorized by their form factor and location on the human body.
2. Each category of wearable devices can be filtered into shared subcategories based on the benefits they provide to the user.
Segmenting companies by form factor and where they are worn revealed that the most prominent forms of wearables are smart bands, watches, glasses, jewelry, clothing and various types of headgear. The three main subcategories shared by these form factors were:
- Lifestyle: Wearables that enhance or simplify everyday tasks and activities
- Entertainment: Wearables that function primarily to provide enjoyment to the user in the form of music, games or movies
- Health & Fitness: Wearables that give insight to the user by showing personal body data, typically to empower or motivate the user
Our infographic also highlights the base infrastructure, showing the companies that support the wearables ecosystem. Companies featured here are involved in the development and manufacturing of hardware components used in wearables like sensors and processors. We have also chosen to include companies that provide cloud, network and security services. A healthy infrastructure lays the framework for the entire industry and facilitates the expansion of the ecosystem.
Come Meet these and over 1500 other members of the Wearable World at the 2nd annual GLAZEDcon Event.
For a more complete list of wearable devices, find our index below.
Don’t miss out! Come Meet these and over 1500 other members of the Wearable World at the 2nd annual GLAZEDcon Event.
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