According to a Gartner report, consumer spending on wearable technology will double by 2021.
So what lies ahead for wearable technologies? What are the near-term and mid-term opportunities in hearables?
Kow Ping, executive director and co-founder at Well Being Digital, a Hong Kong tech company focused squarely on the hearables marketplace shares his views on bearable trends in 2020 and beyond.
1. Let’s start off with a 30-second elevator pitch of who is Well Being Digital?
2. In your view, how has COVID-19 impacted the wearable industry?
3. Specific to hearable technology, what are the current innovations around it?
4. Are there any industrial or commercial (not to be confused with consumer) use cases for hearables today?
5. Beyond these (#2/#3) applications/use cases, what can we look forward to in terms of ideas being considered in R&D labs?
6. As a business, what remains a major challenge for hearable tech companies to get traction across a broader marketplace?
7. What are your expectations for the hearable marketplace in 2021 and beyond?