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It's time to take a look at what's ahead for technology in 2016. Consulting firms like IPS tend to get a bird's-eye view--if not a crystal-ball look--at what New Year holds.
While some of these predictions may take a bit longer to materialize than 2016, they provide a solid sense of emerging technology trends for the New Year and beyond.
Evolution in wearables
In 2015, the market saw a huge uptick in new products in the marketplace that involve wearable technology. Apple introduced the long-anticipated Apple Watch. Microsoft introduced the Microsoft Band. Other big players in the space, including Samsung and FitBit, have introduced new-generation products. There are many startups continuing to look for niche positions in the watch/band-type space.
In 2016, we can anticipate some shakeout in the players. While the market is far from mature, there are too many players trying to get into the space with marginal value propositions beyond those offered by the major players. Expect to see fewer new players in 2016, but to also to see continuing evolution of product by the established players.
In addition, the next level in wearable technology will start to show up. This will be in the form of connected jewelry and garments. Without disclosing specifics, expect this nascent market to start developing for both new and mature players in the field.
Rapid expansion of NYC as tech startup hub
It is impressive how much startup activity is going on in and around Manhattan. While NYC is one of the more expensive places to start and operate a business, virtually every day new startups are being created. You can see this in new service areas in the IoT domain and in software. Most impressive is the number of hardware related startups trying to launch...