Press release
Global Industrial Wearable Devices Market Growth Analysis of all Top Key Players Like Apple, Epson, Fujitsu, Google, Microsoft, Vuzix, ASUS and Others 2018 - 2023
The global industrial wearable devices market has witnessed a healthy growth over the past several years. This can be accredited to the various advantages offered by these devices such as real-time data exchange, reduced error rate and enhanced work efficiency.
IMARC Group’s latest study, entitled “Industrial Wearable Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global industrial wearable devices market reached a value of US$ 1.5 Billion in 2017. Wearable devices, also known as wearables, refer to electronics that can be worn on the body as a part of clothing or as an accessory. The major advantage offered by these devices is their ability to connect to the internet and facilitate real-time data exchange. In recent years, the ubiquity of smartphones and internet connectivity has led to the proliferation of wearable device technology in both the consumer and industrial markets. In the industrial segment particularly, these devices offer huge opportunities for reducing error rate, improving work efficiency and enhancing safety of the workers. As a result, these devices are witnessing rapid uptake in various industry verticals ranging from retail to manufacturing.
Get FREE Sample Report Before Buying @ https://www.imarcgroup.com/request?type=report&id=915&flag=B
Global Industrial Wearable Devices Market Trends:
Wearable devices incorporate various sensors that can track data related to the user's vital signs, fitness or location. The increasing R&D activities and integration of virtual reality and augmented reality in these devices have led to their usage in applications ranging from training of new employees to recovering motor functions during rehabilitation. Keeping this in view, the industry players are introducing wearables for industry specific applications. For instance, smart glasses are being developed for the healthcare sector so as to facilitate expert consultation, knowledge sharing and hands-free access to patient information. Similarly, health monitors are being used by companies for employees who work in hazardous environments such as mines, construction sites and various manufacturing facilities. Several companies are also providing fitness monitors as a part of their wellness programs where these monitors offer insights about the health status of an employee along with customized health advice. This is expected to enhance productivity and reduce the number of sick days. Looking forward, the market is projected to expand at a CAGR of 9.6% during 2018-2023, exceeding a value of US$ 2.6 Billion by 2023.
Browse Full Report along with complete TOC @ https://www.imarcgroup.com/industrial-wearable-devices-market
Global Industrial Wearable Devices Market Segmentation:
On the basis of product type, smart watches represent the largest segment, accounting for majority of the total market share. Other segments include smart glasses, fitness tracker and wearable camera.
Based on application, the market has been segregated as training and simulation, warehouse management, service and maintenance, and others.
On the basis of industry, the market has been segmented into transport and logistics, retail, manufacturing, healthcare and others.
On a geographical front, North America dominates the market, holding the largest global share. Other major regions analyzed in the report include Europe, Asia Pacific, Latin America, and Middle East and Africa.
The key players operative in the market include Epson, Apple, Fujitsu, Microsoft, Google, ASUS, Vuzix, Fitbit, Honeywell, Garmin, Jawbone, Nike, Motorola, Samsung, Pebble, Sony, SAP, Eurotech and Xiaomi.
Browse related reports:
Night Vision Devices Market Research Report: https://www.imarcgroup.com/night-vision-devices-market
Wearable Electronics Market Research Report: https://www.imarcgroup.com/wearable-electronics-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
IMARC Group’s latest study, entitled “Industrial Wearable Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the global industrial wearable devices market reached a value of US$ 1.5 Billion in 2017. Wearable devices, also known as wearables, refer to electronics that can be worn on the body as a part of clothing or as an accessory. The major advantage offered by these devices is their ability to connect to the internet and facilitate real-time data exchange. In recent years, the ubiquity of smartphones and internet connectivity has led to the proliferation of wearable device technology in both the consumer and industrial markets. In the industrial segment particularly, these devices offer huge opportunities for reducing error rate, improving work efficiency and enhancing safety of the workers. As a result, these devices are witnessing rapid uptake in various industry verticals ranging from retail to manufacturing.
Get FREE Sample Report Before Buying @ https://www.imarcgroup.com/request?type=report&id=915&flag=B
Global Industrial Wearable Devices Market Trends:
Wearable devices incorporate various sensors that can track data related to the user's vital signs, fitness or location. The increasing R&D activities and integration of virtual reality and augmented reality in these devices have led to their usage in applications ranging from training of new employees to recovering motor functions during rehabilitation. Keeping this in view, the industry players are introducing wearables for industry specific applications. For instance, smart glasses are being developed for the healthcare sector so as to facilitate expert consultation, knowledge sharing and hands-free access to patient information. Similarly, health monitors are being used by companies for employees who work in hazardous environments such as mines, construction sites and various manufacturing facilities. Several companies are also providing fitness monitors as a part of their wellness programs where these monitors offer insights about the health status of an employee along with customized health advice. This is expected to enhance productivity and reduce the number of sick days. Looking forward, the market is projected to expand at a CAGR of 9.6% during 2018-2023, exceeding a value of US$ 2.6 Billion by 2023.
Browse Full Report along with complete TOC @ https://www.imarcgroup.com/industrial-wearable-devices-market
Global Industrial Wearable Devices Market Segmentation:
On the basis of product type, smart watches represent the largest segment, accounting for majority of the total market share. Other segments include smart glasses, fitness tracker and wearable camera.
Based on application, the market has been segregated as training and simulation, warehouse management, service and maintenance, and others.
On the basis of industry, the market has been segmented into transport and logistics, retail, manufacturing, healthcare and others.
On a geographical front, North America dominates the market, holding the largest global share. Other major regions analyzed in the report include Europe, Asia Pacific, Latin America, and Middle East and Africa.
The key players operative in the market include Epson, Apple, Fujitsu, Microsoft, Google, ASUS, Vuzix, Fitbit, Honeywell, Garmin, Jawbone, Nike, Motorola, Samsung, Pebble, Sony, SAP, Eurotech and Xiaomi.
Browse related reports:
Night Vision Devices Market Research Report: https://www.imarcgroup.com/night-vision-devices-market
Wearable Electronics Market Research Report: https://www.imarcgroup.com/wearable-electronics-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact us
IMARC Group
309 2nd St, Brooklyn, NY 11215, USA
Website: www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
