Tag: mobile technology news

Wearable devices are still in short supply, but the demand for them is huge

Wearable technology may be in a state of infancy, but the market is maturing at a rapid pace. The demand for wearable devices is on the rise and many people are expressing their eagerness to purchasing upcoming products from companies like Google. This demand has been highlighted by the recent launch of Amazon’s Wearable Technology Store in the United Kingdom. The store has shown that many people have an interest in wearable devices, even though a relatively small number of these devices are currently available to them.

People are eager to get their hands on new wearable devices

Even in a state of infancy, wearable devices are somewhat advanced. Google Glass, for instance, uses augmented reality technology to enhance the physical world with digital displays. The device can be controlled with a person’s voice, simple head gestures, or with a control panel. Google has yet to announce an official release date for Glass, but the company did recently announced that it would make Glass available in the United Kingdom.

Amazon may become a very influential figure in the new technology market

Amazon’s Wearable Technology Store currently has more than 100 wearable devices listed from various companies. The store exists one of the very few platforms that cater to the interests of those that have a fascination in wearable technology. Amazon may prove to be a very powerful figure in this emerging market, especially as more wearable devices see release in the coming years and the demand for these devices begins to explode.

Wearable devices are yet another stepping stone toward more integrated technology

Technology has come to play a major role in society as a whole. The advent of smartphones began people’s rapidly  growing reliance on mobile technology and this reliance has evolved into an aggressive interest in new technology that can become more integrated in daily life. Wearable devices seem to satisfy this interest by allowing people to become more integrated with technology. This technology also helps make the features of smartphones and tablets offer a little more convenient.

A new Gartner report has shown that smartphones and tablets are still driving these expenses.

According to a recent report that has been issued by Gartner, mobile is still making technology news as a primary driver of global IT spending, but it has also shown that the pace isn’t speeding up quite as much as it had been in previous quarters and years.

The momentum for global IT spending in the mobile environment is starting to ease off.

The Gartner technology news report stated that that the IT spending worldwide remains on pace, having come to a total of $3.7 trillion, so far, in 2014. This represents a healthy 2.1 percent increase over the same time in 2013. That said, the well respected research firm has also noted that this growth rate has decreased when compared to earlier projections which had pegged it at 3.2 percent.

This year’s technology news predictions have diminished as a result of the decrease in expected device growth.

Also contributing to the slowing growth in IT spending is a slowing in the expectations for data center systems as well as in IT services, to a certain degree. According to the Gartner managing vice president, Richard Gordon, “Price pressure based on increased competition, lack of product differentiation and the increased availability of viable alternative solutions has had a dampening effect on the short term IT spending outlook.”

That said, Gartner also predicts that it won’t be long before the figures will start to even off and return to spending growth levels that are closer to “normal”. Gordon explained that “However, 2015 through 2018 will see a return to ‘normal’ spending growth levels as pricing and purchasing styles reach a new equilibrium.” He described the current situation in IT as entering into “its third phase of development”, in which it moves on from a focus directly on the tech and the processes of the past in order to look ahead to new forms of business model that have become possible as a result of digitalization.

In 2014, the technology news expectations are that smartphones, tablets, and other devices will still see growth in sales, though not as great as in previous quarters. Now it is believed that the growth over 2013’s figures will be 1.2 percent, to reach $685 billion.