Apple iWatch, Square IPO: 10 Tech Predictions For 2014 (Update 1)

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Updated from 7:30 a.m. to reflect additional news on Cisco's guidance cut at its analyst day.

NEW YORK (TheStreet) Last week, I took a look at my tech predictions for 2013, and while I was spot-on-the-mark on some of them, I was way off on others. Since it's that time of year again, I've compiled a list of what I think is most likely to happen in 2014 in the world of technology. With some of my predictions, I'm pretty confident, while others are a bit more out there.

Mobile will continue to be the key theme for 2014, as devices become more prevalent in our daily lives. Now that smartphones and tablets are essentially mainstream, the next product category is the health and fitness market, and wearable technology is where it's at. We're becoming a more active society and are vastly more concerned about fitness than we were say 10 or 15 years ago. I suspect this trend is only likely to increase, as people do everything they can to lengthen their lives and live healthier.

We've already seen Samsung's entrant into the smartwatch scene, but the world is awaiting a launch from Apple to really kick it off.

On the following pages is an outlook, including the possibility of an iWatch, the fate of certain private, soon to be public companies, and a potential merger that may raise some eyebrows in the media/technology space.