Technology is transforming fashion industry to a great extent. There are some tech trends which are enhancing this industry and thus, should not be missed.
Fantastic tech trends changing the fashion industry
Wearable is growing
The rise of spontaneous fashion shopping
Easy accessibility
Growth of AR and VR
Wrapping Up
The advancement in technology allows fashion industry to experience a steep increase and it has also redefined this sector. By taking an insightful look on the way technology is energizing or tech trends of the fashion industry, you can believe that nothing is impossible in this world.
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The forward-thinkers are reaping the advantages and gaining an extra edge with wearable app development.
Automation leads to a faster and better decision that can even save someone’s life.
The emergence of a wearable payment solution is also an answer to the secure payment challenge with biometric authorization and the transfer of limited data.
The device that’s constantly attached on the user’s body precisely collects the granular data such as in-store shopping frequency, user’s likes, browsing behavior, average ticket size, and dollar value per item.
The desk-less worker in the supply chain doesn’t enjoy the luxury of sitting in front of a computer the whole day and cannot carry the tablet strapped on the chest to access, manipulate, and share the data.
When the predictive analytics completely based on automated data capturing, then identifying the inefficiencies in the ERP will become easier and a lot of time and effort of the workers can be saved.
In the world of technology, smartphones, tablets, wearable watches are the big things in the consumer technology industry.
If we add more to the buzz of wearable technology is the anticipation that the wearable market is predicted to grow up to $18.9 billion in revenues by 2020.
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Mobile applications have ceased to simply be a way to enjoy entertainment and games.
Kotlin simplifies the code and makes it easier.
: “It is really worth paying attention to this language.
So far, Kotlin has not been used in production, but we have plans to write a project with the help of Kotlin from the start.”
Trends in mobile applications in 2017 focused on reducing the burden on the battery and phone memory.
For example, the iOS version introduces the new ARKit platform, which brings augmented reality technologies to hundreds of millions of iOS devices and helps developers easily create incredible AR applications.
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Market ScenarioWearable technology has evolved dramatically from wristwatches to fitness bands in recent years.
The market for wearable technology components is yet to expand and is currently dominated by health and activity tracking devices.
Although, the scope of this market has grown beyond health and wellness, wearables are expected to be utilized for diverse purposes in the near future due to innovation, industry developments, and the increasing number of use cases.The latest advances in mobile networks have been one of the major factors contributing to the growth of the wearable technology component market.
If we take this prediction into consideration, the wearable technology components are expected to witness significant demand by 2023.However, privacy and security of shared data and lack of adequate network infrastructure are some of the restraining factors that coould potentially hamper the market for wearable technology component in the forecast period.The global Wearable Technology Component Market is segmented into products, technology, components, and application.
The segmentation by product includes wristwear, headwear and eyewear, neckwear, smart clothing, wearable cameras, and implants.
The growth in the segment is due to the inclination of major industry players towards introducing products with advanced features to serve customers’ need of fitness and healthcare.The global wearable technology component market is expected to grow from USD 20.89 billion in 2017 to USD 51.50 billion in 2023 at a CAGR of 16.02%.Regional AnalysisThe regional analysis of wearable technology component market is done for North America, Europe, Asia Pacific, and the rest of the world.
