A new wearable device has taken over, and it’s hard to not be in a room with at least one person wearing a smartwatch these days, or someone who is checking in to see if they’ve reached their 10,000 steps.
The founder of Kharaband, Harp Gahunia used to own a Pebble Watch, a pioneer in the smartwatch space. Although the product was innovative, the battery life fell short and only lasted 24 hours, making it annoying to constantly have to charge the device. Once the Apple Watch hit the marketplace, he rejoined the movement of the wearable device thinking that this innovative tech pioneer had to give its users a watch that has a longer battery life than a day. However, the battery life appeared even worse on these devices. This was the “ah-ha” moment Harp needed to realize there was an opportunity for him to enter the marketplace with a solution.
A Profitable Device
Sales revenue from the wearable device is projected to grow from $16 billion US dollars in 2016 to $73 billion by 2022. Even though this category is on a steady rise, there’s still room for improvement in the sector and MAKO clients Kharaband saw an opportunity to improve what was in the marketplace already.
New watch device
Created to work with the Apple Watch, but The Kharaband technology works on other brands as well. Ideas of the band were created making high-performance materials and active lifestyles. Serving as an extra power source and helping to make your wearable devices last for up to four times longer on a single charge.
Award-nominated innovation wearable device
With the success of this innovative solution to a problem smartwatch users were facing, Kharaband was nominated recently for the 10th IoT/WT Innovation World Cup. This is a world-leading IoT (internet of things) competition that supports techpreneurs to thrive and take their development further and present their idea in front of key IoT industry players and investors. The winner could walk away with prizes worth over $500K!
We’re so excited to see one of our client’s innovation and success lead them to such a prestigious nomination. We can’t wait to see the results!
About: MAKO Design + Invent is the original firm providing world-class consumer product development services tailored to startups, small manufacturers, and inventors. Simply put, we are the leading one-stop-shop for developing your physical product from idea to store shelves, all in a high-quality, cost-effective, and timely manner. We operate as one powerhouse 30-person product design team spread across 4 offices to serve you (Austin, Miami, San Francisco, & Toronto). We have full-stack in-house industrial design, mechanical engineering, electrical engineering, patent referral, prototyping, and manufacturing services. To assist our startup and inventor clients, in addition to above, we help with business strategy, product strategy, marketing, and sales/distribution for all consumer product categories. Also, our founder Kevin Mako hosts The Product Startup Podcast, the industry's leading hardware podcast. Check it out for tips, interviews, and best practices for hardware startups, inventors, and product developers. Click HERE to learn more about MAKO Design + Invent!