Enterprise Wearable Market Product Overview, Share by Types and Region till 2025
The Enterprise Wearable Market report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing. It also provides a detailed analysis of global market size, regional and country-level market size, competitive landscape, impact of domestic market players and value chain optimization. Furthermore, it sheds light on the market contribution, recent developments and successful marketing strategies of leading companies.
Market Insights
Global enterprise wearable market is anticipated to reach 22.3 billion by 2025 owing to the increasing use of wearable devices by geriatric population due to chronic disorders and growing demand from emerging economies of Asia Pacific region. Enterprise wearables are the wearable consumer gadgets used in industries like healthcare and medical, wellness and fitness, infotainment, industrial & military, etc. In healthcare and medical segment, they monitor vital body signs for probable disorder, in military and industrial purposes, they monitor activities & augment senses. They are also used for advanced lifestyle purposes or entertainment.
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Drivers
Enterprise wearable
market is witnessing growth due to the introduction of modern technologies like
non-invasive glucose monitoring devices for medical, smart glasses &
watches, and wide availability of products from leading manufacturers. The
adoption of consumer medical devices is growing due to increasing awareness
about health, which increases the demand for enterprise wearables, thereby
encouraging enterprise wearable industry. Also, the growing demand of
enterprise wearables for heads-up displays in production areas, hand-worn
terminals in warehousing & logistics, smart clothing for tracking location,
and detecting industrial gases is stimulating the market growth of enterprise
wearable.
Technology Outlook (Revenue, USD Million; 2014 - 2025)
• IoT
• Bluetooth
• Bluetooth Low Energy (BLE)
Product Outlook (Revenue, USD Million; 2014 - 2025)
• Wrist-wear
• Foot wear
• Eye wear
• Arm wear
• Head wear
Application Outlook (Revenue, USD Million; 2014 - 2025)
• Infotainment
• Healthcare
• IT & telecom
• Others
Key Players Analysis
Covered in these reports
• Apple
• Adidas
• Samsung Electronics
• Alphabet
• Xiaomi
• Seiko Epson Corporation
• Misfit
• Sony Corporation
• Fitbit
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Wearable Market Report with TOC @ https://www.millioninsights.com/industry-reports/enterprise-wearable-market
Regional
Outlook
Geographically, enterprise wearable industry is
segmented as North America, Latin America, Europe, Asia Pacific and Middle East
& Africa. Asia Pacific is predicted to lead the market of enterprise
wearable owing to the increasing adoption of wearable devices for healthcare
purposes.
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