Nov 21, 2024 | Updated: 11:35 AM EDT

Cuff Jewelry and Wearable Tech

Mar 25, 2014 10:55 AM EDT

Cuff Jewelry and Wearable Tech combines both fashion and a high technology wearable for the Android user. Cuff recently launched its first fashion wearable last month on its website. Cuff is a company leading a fashion revolution in wearable technology. The company unveiled a first-of-its-kind assortment of fashion wearables: smart-technology accessories that people will actually want to wear. The debut Cuff collection consists of bracelets, necklaces, and key chains in a variety of finishes and textures.

Wearable News / Google

The market was worth $2.7 billion in revenue in 2012 and is expected to reach $8.3 billion in 2018, growing at an estimated CAGR of 17.71% from 2013 to 2018. In terms of product, wrist-wear accounted for the largest market revenue at $876.70 million, while neck-wear enjoyed the least market share, all as of 2012. For application segment, consumer application sector accounted for the largest market revenue at $2,367.99 million, while enterprise and industrial application enjoyed the least market share with revenue of $73.04 million as of 2012. However, enterprise and industrial application is expected to grow at the highest CAGR of 21.14%, during the forecast period, i.e. 2013 to 2018. North America, with U.S. accounting for more than 80.00% of the market is the single largest one and expected to continue with its dominance during the forecast period as well. However, Asia–Pacific, with China leading the way, is likely to grow at the highest CAGR during the same time.

According to the company, each of these pieces can function as a personal protection and connection alert system thanks to Cuff’s innovative technology platform and component called the CuffLinc™. The tiny, wireless CuffLinc can be removed and tucked into any of the pieces in the Cuff collection. It connects the users phone to send alerts and receive notifications. An alert is sent to the wearer’s trusted network with just a squeeze of any of the Cuff pieces.

“The new Cuff collection wearables are more chic than geek, wrapping smart technology into elegant, fashionable pieces that we all WANT to wear,” said Deepa Sood, Cuff founder and former VP of Product Development at luxury retailer Restoration Hardware. “We don’t believe that we should be forced to choose between smarts and beauty when it comes to wearable accessories.”

The global market's volume is expected to reach 134.27 million units by 2018, growing at a CAGR of 30.36% for the five year period of 2013 to 2018. The wearable technology ecosystem market revenue was $4.3 billion as of 2012 and is expected to reach to $14.0 billion by 2018, growing at an estimated CAGR of 18.93 % from 2013 to 2018. The global smart, intelligent, digital & interactive fabrics market revenue was $708.31 million as of 2012 and is expected to reach to $2.03 billion by 2018, growing at an estimated CAGR of 17.7 % from 2013 to 2018. Components accounted for the largest percentage share of the overall revenue of global wearable technology, i.e. 66.2% in 2012 ($1.83 billion) in 2012 and is expected to account for 73.0% of the total market in 2018. Product shipments are likely to experience the highest growth at a CAGR of 53.07% from 2013 to 2018, reaching a volume of 2.7 billion units in 2018.

About Cuff

Cuff is bringing a fashion revolution to the world of wearable technology. The company launched the first ever fashion wearables collection in February 2014. The smart technology that powers all Cuff wearables is its patent pending CuffLinc™, a tiny wireless component that can be tucked into any piece in the Cuff collection. Users simply tap the CuffLinc and instantly an alert is delivered to their chosen trusted network, providing security and an increased level of protection and connection in any surrounding or situation. The CuffLinc technology will be licensed to other jewelry retailers and designers so they can also create wearable technology products that are as smart as they are beautiful.

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