PUBLISHER: IMARC | PRODUCT CODE: 1520596
PUBLISHER: IMARC | PRODUCT CODE: 1520596
Enterprise Wearables Market Report by Product Type, Technology (Bluetooth, Internet of Things ), End User, and Region 2024-2032
The global enterprise wearables market size reached US$ 6.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 103.9 Billion by 2032, exhibiting a growth rate (CAGR) of 35.4% during 2024-2032.
Ensuring the safety of employees currently remains a top priority to prevent workplace injuries, illnesses, and deaths. As a result, there is a rise in the usage of wearable devices in telecommunications, infotainment, healthcare, information technology (IT), automotive, and transportation sectors across the globe. Wearable devices provide employers with real-time insights that help improve the productivity and performance of employees. They also track information related to the health and fitness of employees as a part of their wellness program.
Enterprise Wearables Market Trends:
Rising advancements in sensor technology represent one of the key factors propelling the growth of the market. Moreover, enterprise wearables include fitness trackers, implantable wearables, smart rings, glasses, and clothing, which offer information about heart rate, blood pressure, and the body temperature of workers. They also comprise exoskeletons, wearable robots, and patches to control the position of the body while lifting heavy objects. Besides this, enterprise wearables, such as headsets with embedded hand-free microphones, are convenient and ease communication between workers without causing a distraction during work. Apart from this, the usage of virtual reality (VR) and augmented reality (AR) helmets facilitate the training of workers on complicated operations before performing them, thereby reducing the likelihood of injury. In addition, enterprise wearables provide data about the temperature, atmospheric pressure, and level of radiation at the worksite, which enables enterprises to prevent emergencies and organize the evacuation of workers timely. These advantages are driving the sales of enterprise wearables worldwide. Furthermore, the increasing utilization of these wearables by healthcare providers to receive push notifications from patients in need of immediate assistance is projected to positively influence the market in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global enterprise wearables market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product type, technology and end user.
Breakup by Product Type:
Wrist Wear
Eye Wear
Head Wear
Others
Breakup by Technology:
Bluetooth
Internet of Things (IoT)
Breakup by End User:
Manufacturing
Breakup by Region:
Competitive Landscape:
Key Questions Answered in This Report:
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
3 Executive Summary
4 Introduction
5 Global Enterprise Wearables Market
6 Market Breakup by Product Type
7 Market Breakup by Technology
8 Market Breakup by End User
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
List of Figures
- Figure 1: Global: Enterprise Wearables Market: Major Drivers and Challenges
- Figure 2: Global: Enterprise Wearables Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Enterprise Wearables Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Enterprise Wearables Market: Breakup by Product Type (in %), 2023
- Figure 5: Global: Enterprise Wearables Market: Breakup by Technology (in %), 2023
- Figure 6: Global: Enterprise Wearables Market: Breakup by End User (in %), 2023
- Figure 7: Global: Enterprise Wearables Market: Breakup by Region (in %), 2023
- Figure 8: Global: Enterprise Wearables (Wrist Wear) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Enterprise Wearables (Wrist Wear) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Enterprise Wearables (Eye Wear) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Enterprise Wearables (Eye Wear) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Enterprise Wearables (Head Wear) Market: Sales Value (in Million US$), 2018 & 2023
List of Tables
