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Report
Enterprise Wearables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-06-14 I 139 Pages I IMARC Group
The global enterprise wearables market size reached US$ 4.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 40.3 Billion by 2028, exhibiting a growth rate (CAGR) of 40.1% during 2023-2028.
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 2023-2028. 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
Healthcare
Retail
Aerospace and Defense
IT and Telecom
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Adidas AG, Apple Inc., AT&T Inc., EnOcean GmbH, Eurotech S.p.A., Fossil Group Inc., Google LLC, Samsung Electronics Co. Ltd., Seiko Epson Corporation, Sony Corporation, Texas Instruments Incorporated and Xiaomi Inc.
Key Questions Answered in This Report:
How has the global enterprise wearables market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global enterprise wearables market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global enterprise wearables market and who are the key players?
What is the degree of competition in the industry?
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
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Enterprise Wearables Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Wrist Wear
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Eye Wear
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Head Wear
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Technology
7.1 Bluetooth
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Internet of Things (IoT)
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End User
8.1 Manufacturing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Healthcare
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Retail
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Aerospace and Defense
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 IT and Telecom
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Others
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Adidas AG
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Apple Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 AT&T Inc.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 EnOcean GmbH
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Eurotech S.p.A.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.6 Fossil Group Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Google LLC
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 SWOT Analysis
14.3.8 Samsung Electronics Co. Ltd.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Seiko Epson Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Sony Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Texas Instruments Incorporated
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Xiaomi Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
Figure 1: Global: Enterprise Wearables Market: Major Drivers and Challenges
Figure 2: Global: Enterprise Wearables Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Enterprise Wearables Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Enterprise Wearables Market: Breakup by Product Type (in %), 2022
Figure 5: Global: Enterprise Wearables Market: Breakup by Technology (in %), 2022
Figure 6: Global: Enterprise Wearables Market: Breakup by End User (in %), 2022
Figure 7: Global: Enterprise Wearables Market: Breakup by Region (in %), 2022
Figure 8: Global: Enterprise Wearables (Wrist Wear) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Enterprise Wearables (Wrist Wear) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Enterprise Wearables (Eye Wear) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Enterprise Wearables (Eye Wear) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Enterprise Wearables (Head Wear) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Enterprise Wearables (Head Wear) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Enterprise Wearables (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Enterprise Wearables (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Enterprise Wearables (Bluetooth) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Enterprise Wearables (Bluetooth) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Enterprise Wearables (Internet of Things (IoT)) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Enterprise Wearables (Internet of Things (IoT)) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Enterprise Wearables (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Enterprise Wearables (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Enterprise Wearables (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Enterprise Wearables (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Enterprise Wearables (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Enterprise Wearables (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Enterprise Wearables (Aerospace and Defense) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Enterprise Wearables (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Enterprise Wearables (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Enterprise Wearables (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Enterprise Wearables (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Enterprise Wearables (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Enterprise Wearables Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Enterprise Wearables Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Enterprise Wearables Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Global: Enterprise Wearables Industry: SWOT Analysis
Figure 82: Global: Enterprise Wearables Industry: Value Chain Analysis
Figure 83: Global: Enterprise Wearables Industry: Porter's Five Forces Analysis
Table 1: Global: Enterprise Wearables Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Enterprise Wearables Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
Table 3: Global: Enterprise Wearables Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Global: Enterprise Wearables Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Enterprise Wearables Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Enterprise Wearables Market: Competitive Structure
Table 7: Global: Enterprise Wearables Market: Key Players
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