Skip to main content

Enterprise wearables are the wearable consumer gadgets used in industries like healthcare and medical.

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.

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.


However, factors like lack of efficient products, poor user compliance, and lack of enhanced experience are hampering enterprise wearables market. High energy consumption and limited battery life are another restraining factors of the market. Device protection and need for thermal consideration are few challenges for enterprise wearables industry.

Enterprise wearable market is categorized on the basis of product type, technology, end user, and geography. On the basis of product type, the market is divided into eye wear, wrist wear and head wear, and others. Head wear segment is projected to register significant growth due to its increasing use in progressing technologies like AR and VR. Based on technology, enterprise wearable industry is divided into IoT (Internet of Things) and Bluetooth technology. IoT segment holds larger market share of enterprise wearable due to growing expected applications of real-time IoT in various technologies.

On the basis of end user, enterprise wearables market is divided into healthcare, retail, manufacturing, defense, aerospace, and others. Owing to the increasing spending power of consumers and growing healthcare awareness, healthcare segment is expected to dominate the market of enterprise wearables in terms of revenue in the coming years.

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. The prominent players in enterprise wearables industry are Apple Inc., Adidas AG, Samsung Electronics Co. Ltd, Alphabet Inc., Xiaomi Inc. Seiko Epson Corporation, Misfit Inc., Eurotech S.p.A, Fitbit Inc. and Sony Corporation.

Comments

Popular posts from this blog

Functional Tea Market is expected to boost the growth of the market over the forecast period.

Functional Tea refers to a series of teas that can contribute to bodily functions. In 2019, the market size of Functional Tea is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. Download Request sample copy -  https://www.innovationmarketresearch.com/market-reports/functional-tea-market/request-sample In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Functional Tea. This report studies the global market size of Functional Tea, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Functional Tea sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sal...

Atherectomy Devices Industry Landscape & Scope Till, 2014 - 2025.

Asia pacific can be a potential market for atherectomy devices since countries such as India and china possess the largest number of cardiac patients with an annual incidence of 7 million strokes. Tobacco consumption is rapidly increasing in south Asian countries in conjunction with economic expansion increasing their risk of artery diseases. Reduction of abdominal obesity through lifestyle measures can improve all components of the metabolic syndrome and likely delay the development of both diabetes and atherosclerosis. Beyond lifestyle intervention, optimal management of risk factors to evidence-based targets is essential. Download Free Sample -  https://www.millioninsights.com/industry-reports/atherectomy-devices-market-size/request-sample High awareness of health problems caused due to change in lifestyle and optimal management of risk factors can improve the metabolic syndrome and likely reduce the development of both diabetes and atherosclerosis and hence reducing the de...

What are the land and construction requirements to start an Adipic Acid (CAS 124-04-9) manufacturing plant?

  Adipic acid or hexanedioic acid is the most important dicarboxylic acid with the formula (CH2)4(COOH)2. It is produced industrially by the oxidation of cyclohexanone and cyclohexanol with nitric acid. Adipic acid is one of the most important monomers, predominantly as a precursor for the production of nylon 66. The analysts forecast the global adipic acid market to exhibit a CAGR of 4.2% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global adipic acid for 2019-2024. To calculate the market size, the report considers the adipic acid sales volume and revenue. Download Free Sample  -  https://www.radiantinsights.com/research/adipic-acid-cas-124-04-9-market/request-sample The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to...