Firstly, I'm not including fitness bands in this. Fitness bands have a proven purpose and have sold relatively well. Other wearables, however, are still in 'geek' territory. People like me, into my tech, want wearables, simply to pick apart about how amazing some aspects of the technology are, and how woeful the rest is. Google cancelled Glass through little more important than a growing lack of interest. They felt they couldn't make it work for the moment.
Smartwatch sales are frankly, very poor. Pebble have had limited success with 1m sales in just over 2 years and so have Samsung (mainly because the watches are given away with Galaxy devices). Maybe the introduction of the Apple Watch will change that. Apple has a habit of doing making something currently available, copying it, and making it desirable.
The immediate reaction from consumers has been quite clearly - we don't really care. The intrigue isn't there, and it is just lost on the mass audience. Research by Fizz (below) shows a few problems for wearable manufacturers:
Firstly, the average price willing to be paid is far below the current price of wearable tech. Many Android Wear devices cost somewhere north of £200, and if rumours are to be believed, the iWatch could cost double that. More than half of those that responded with interest about smartwear mentioned cost would be the deciding factor which will worry manufacturers.
Finally, the purpose issue is of utmost importance. 37% of respondents pointed to a lack of necessity for the devices being the reason for lack of desire.
These items still have failed to find their place in society. There is no need for them. In response to the lack of purpose, wearables are trying to do everything. I use 1% of the Sony Smartwatch 2 capability on a day to day basis. The reviews are relatively useless, when in practice, those features just don't step into everyday life. Nothing has changed since I first wrote about the Samsung Galaxy Gear in 2013. Back then I complimented the smartwatch on its appearance and functionality. I still defend that stance with my 2013 hat on - but really, the smartwatch should have come on a lot since then. They've cracked the appearance element - now just for sorting the need.
(Huawei's new smartwatch - gorgeous)
It's a criticism I levelled at Microsoft with Windows 8 - too much, too fast. We're just reaching the point when smartphones are struggling to progress in innovation, and that needs a chance to settle and allow flagship capabilities seep through to the lower-end.
The smartwatch is an incredible feat, it really is. To cram all that technology into such a small piece of kit is astounding - but that doesn't mean it needs to be forced to consumers who are voting with their wallets.
Wearables will breathe again, but manufacturers need to find out how they can help the consumer before they'll fly off the shelves. For the moment, they might as well be ignored.
(Huawei's new smartwatch - gorgeous)
It's a criticism I levelled at Microsoft with Windows 8 - too much, too fast. We're just reaching the point when smartphones are struggling to progress in innovation, and that needs a chance to settle and allow flagship capabilities seep through to the lower-end.
The smartwatch is an incredible feat, it really is. To cram all that technology into such a small piece of kit is astounding - but that doesn't mean it needs to be forced to consumers who are voting with their wallets.
Wearables will breathe again, but manufacturers need to find out how they can help the consumer before they'll fly off the shelves. For the moment, they might as well be ignored.