siliconindia | | April 20198Currently serving the position of Country Head (India) for Wearable Technologies (AG), Mohan Kumar possesses an overall experience of 23+ years in the Biomedical, Semiconductor & Healthcare industriesBy Mohan Kumar, Country - Head, Wearable Technologies AGccording to various estimates, the Wearables market will nearly double by 2021. This is expected to be driven largely by increases in sales of Smart-watches and Smart clothing. The Key Drivers for this increase is likely to be in the domain of Healthcare and Sports.Smartwatches is not yet an `essen-tial wear' for most people but addition of Health Monitoring & Sports / Fitness functionalities can spur them into a bigger league. IDC expects smartwatch shipments to increase from 71.4 million units in 2017 to 161 million units in 2021. Along with Smart watches, there is an important trend in the `Hearables' space. Through an integration of life-style elements and healthcare, this seg-ment would appeal to the generation that lives listening to music through their smart phones.Smart clothing got its first products when Google & Levi's collaborated to put together a connected denim (Proj-ect Jacquard) and when Nike recently introduced its Connected Shirt for Fan Engagement (Nike) by sewing in a ru-dimentary NFC tag. Further inroads have been made by other companies in WEARABLES INDUSTRY : HOW INDIAN START-UPS CAN WIN THIS SPACE !AIN my opinion
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