Will Android M contain these new features?
"Nearby" is another feature that was hinted at in the Google I/O schedule with a session called "Proximity-based communication" listed. It seems that Android M will allow Android users to "discover" and communicate with other Android users, well, nearby. It isn't known whether the other parties will have to be using Android M or if any recent build of the OS will do.
Material Design will continue to be a big part of Android as multiple sessions based on the feature are planned for Google I/O. One such talk is titled "Bringing Material Design to life on Android." VR also could be part of Android M. One session at Google I/O will "explore virtual reality and how it may change our lives."
Outside of Android M, an intriguing session is scheduled for Google’s Advanced Technology and Projects team. The description of the event says that the team will reveal wearables that will "blow your socks off." Google adds that "We mean this more literally than you might think."
Google I/O will run from May 28th to May 29th and will be held in the Moscone Center West in San Francisco. Google has yet to publish its official app for the conference. Last year's app allowed users to view streaming video of some of the sessions as they took place.
source: 9to5Google, AndroidPolice via BGR