We currently live in an era where more “things” are connected to the internet than people, while the natural user interface is still rapidly evolving. The gesture- and motion-controlled wearable technology is at the beginning of the IoT revolution, where day-to-day devices can connect and interact over the internet and can be controlled by hand/arm gestures from the users. Currently, the smart wearables market is facing “the wearable gap” created by technological challenges restricted applications and functionalities, resulting in decreased consumer excitement from currently commercially available wearable devices. Next industries offers an interoperative IoT solution, which simplifies the man-machine interface and is readily accessible to users of all ages and backgrounds, ranging from computer novice to technology-savvy. Tactagon Skin (T-Skin –https://www.youtube.com/watch?v=6oDM2hIA_J4) is the first open source wearable gesture and motion controller, which enables advanced technology solutions to be freely accessible across applications and to the broader audience. T-Skin is powered by Arduino integrated development environment (IDE), which enables the users to perform extensive customization of the device using Sketch Arena software to program and control various applications such as robots, PC games, VR/AR, drones, 3D printers and computers. In addition, T-Skin is equipped with an Artificial Intelligence (AI) algorithm, which further increases performance in gesture capture and motion recognition in any environment. With this feasibility study, Next Industry aimed at assessing the feasibility of developing the T-Skin as a Human Machine Interface device in two markets. The main objectives of this study were to perform an in-depth market research and competitors’ analysis in order to develop a commercialisation strategy to specific end users and to consolidate the business plan based on these findings.
