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The excitement in the gadget market attracts new startups and businesses from other areas of activity to the technology sector. The electronics boom is also driving the expansion of existing IT companies.
The abundance of various technological devices certainly has a huge impact on both entrepreneurs and consumers.
Alexey Mas, head of the Ukrainian banner network, presented a report at iForum 2021 entitled “Gadgetomania. How gadgets are changing the structure of modern business”.
In his speech, Mas noted that the appearance of a new device on the market is doomed to success, if it can be realized in business, become the basis for paid services. The mini computer can be inserted into any product. The main thing is to learn how to monetize its power.
There are several ways to capitalize on the gadget revolution:
- create gadgets
- create software for gadgets
- sell (implement) both.
The shift in the functions of some devices to others, for example, the transformation of a mobile phone into a game console and a camera, presents a wide field for monetizing related services. For example, developers of touch gestures for smartphones have become millionaires by incorporating this management feature into game content.
The ability to take pictures has allowed the sale of multimedia applications, and has also fueled the explosive growth of visualized social media platforms such as Instagram. Now this service is actively evolving into an e-commerce platform.
Today, the concept of "smart watches" is being actively promoted in the gadget market. Alexey Mas believes that the wearable device will be of interest to entrepreneurs because of the potential to use the gadget as a wallet and keys. The ability to pay for goods (which was announced by Apple and Swatch) and open locks in homes and cars with watches should help them establish themselves in the market.
In addition, the emergence of gadgets provokes the creation of other gadgets that are necessary for the development of the industry. For example, the use of drones to deliver goods from online stores forced law enforcement agencies to start using drones to prevent aircraft from entering closed airspace.
Alexey Mas noted that the fact of technologization of this or that device today determines its popularity. “It doesn't matter what you wear, the main thing is that it is technologically advanced,” - this is how Mas commented on men's trousers with a built-in keyboard.
The emergence and constant improvement of a kind of technological chain mail changes the consciousness of consumers. The integration of electronics into all areas of life can lead to unforeseen changes in human physiology. So, Google Glass glasses provoked a separation of image perception separately between the right and left eyes.
The abundance of various technological devices certainly has a huge impact on both entrepreneurs and consumers.
Alexey Mas, head of the Ukrainian banner network, presented a report at iForum 2021 entitled “Gadgetomania. How gadgets are changing the structure of modern business”.
In his speech, Mas noted that the appearance of a new device on the market is doomed to success, if it can be realized in business, become the basis for paid services. The mini computer can be inserted into any product. The main thing is to learn how to monetize its power.
There are several ways to capitalize on the gadget revolution:
- create gadgets
- create software for gadgets
- sell (implement) both.
The shift in the functions of some devices to others, for example, the transformation of a mobile phone into a game console and a camera, presents a wide field for monetizing related services. For example, developers of touch gestures for smartphones have become millionaires by incorporating this management feature into game content.
The ability to take pictures has allowed the sale of multimedia applications, and has also fueled the explosive growth of visualized social media platforms such as Instagram. Now this service is actively evolving into an e-commerce platform.
Today, the concept of "smart watches" is being actively promoted in the gadget market. Alexey Mas believes that the wearable device will be of interest to entrepreneurs because of the potential to use the gadget as a wallet and keys. The ability to pay for goods (which was announced by Apple and Swatch) and open locks in homes and cars with watches should help them establish themselves in the market.
In addition, the emergence of gadgets provokes the creation of other gadgets that are necessary for the development of the industry. For example, the use of drones to deliver goods from online stores forced law enforcement agencies to start using drones to prevent aircraft from entering closed airspace.
Alexey Mas noted that the fact of technologization of this or that device today determines its popularity. “It doesn't matter what you wear, the main thing is that it is technologically advanced,” - this is how Mas commented on men's trousers with a built-in keyboard.
The emergence and constant improvement of a kind of technological chain mail changes the consciousness of consumers. The integration of electronics into all areas of life can lead to unforeseen changes in human physiology. So, Google Glass glasses provoked a separation of image perception separately between the right and left eyes.
