Since the historical era, wristwatches have been considered simple time-tracking devices. But, with the introduction of smartwatches, the use of this simple device has expanded and has now become a powerful and indispensable gadget. Devices like the Pebble and Apple Watch reformed the market by not only telling time but also providing fitness tracking, app integration, and even mobile payment capabilities.
The Journey from Fitness Tracking to Mainstream Appeal
Smartwatches have been constantly evolving with the innovation in the AI industry. This has broken the market barriers and has expanded beyond fitness freaks to a broader consumer base, reaching the average existing/ potential consumers. The capability to track health metrics, receive notifications, and control smart home devices right from the wrist elevated the smartwatch into a daily essential.
Wearable Technology: From Basic Trackers to Smart Fabrics
With the increasing awareness in the marketplace, consumers of technology focus on the aspects of convenience, connectivity, and improved health. This has occurred with the upscaling of elementary fitness trackers to smart fabrics that are plugged in with human AI innovation. Henceforth, India’s smartwatch industry, valued at $4.2 billion in 2021, is expected to touch $120.9 billion at a CAGR of 28.4% between 2022 and 2032, imitating the growing implications of these devices in our daily lives.
The Ecosystem Approach
The integrated experience is floated in the market as it is now compatible with both mobile operating systems i.e. Android and IOS. Features that were once fictionary are now user-friendly with the possibility of receiving notifications, answering calls, and controlling smart home devices from the miniature device.
AI’s Role in Healthcare and Safety
The AI industry has very actively contributed to innovative health features. Blood oxygen monitoring, ECG tracking, and fall detection are now standard functionalities, making smartwatches increasingly appealing for healthcare and safety purposes.
This initiative is appreciated by the industry as it not only enhances individual well-being but also rapidly enhances the Indian smartwatch market.In conclusion, the industry is yielding prettyremarkable results at the global level.
The technology advancement has come quite far beginning from basic timekeepers to sophisticated health monitoring devices. The Indian smartwatch market’s exponential growth underscores the increasing integration of smartwatches into our daily lives. The future is bright, promising a new era where the convergence of AI and smartwatches will redefine the way we manage our health and interact with the world around us.
The author is the Co –Founder of Crossbeats, India’s top smartwatch and wireless audio brand.