With electronics integrating into customers’ daily lives, companies need to invest in the innovation of form and software to move beyond traditionally shaped devices and capture market share.
The Frost & Sullivan report, Growth Opportunities Driven by New Form Factors, revealed that the adoption of new form factors for devices will surge rapidly with advancements in connectivity technology.
It also noted that the advent of 5G and expanding artificial intelligence (AI) use cases will further inflate the global demand. This will lead to improved innovation across wearables, flexible devices, and implants.
“As the demand for new pliable form factors increases, companies cannot rely on traditionally shaped devices to capture market share,” said Akshay Menon, senior research analyst at Frost & Sullivan.
He added that this encourages big electronic companies to work with newer materials to manufacture durable and flexible electronics.
Partner with application companies and social platforms to ensure their offerings are compatible with the device hardware, establishing an immersive customer experience.
Invest in research to develop durable materials, as current stretchable materials are thermoplastic, meaning heat softens them and makes them unable to withstand thermal exposure.
“With consumers’ growing preference for small-sized electronic devices, miniaturization will lead to developmental objectives for manufacturers. Further, new form factor development will lead to increased human-machine interaction, making data security a strategic priority for organisations."Akshay Menon
Associate with organisations in the technology-enabled space as a new form of technology is dependent on internet connectivity and AI.