Industrial Wearable Devices Market Growth And Size Report To 2019: Radiant Insights, Inc

Industrial Wearable Devices Market Growth
and Size Report To 2019: Radiant Insights, Inc
Market analysis of industrial wearable devices
This market research analyst predicts the global industrial wearable devices market to reach a market
value of around USD 5 billion by the end of 2019. The increase in employee welfare programs in
companies is driving the growth of this market. Companies use wearables to track employees' health. The
activity data gathered from wearables like Fitbit wristbands is then tied into health insurance policy
premiums or other incentive programs to reduce the company's healthcare costs. For instance, during
2015 more than 24,500 Fitbit fitness trackers were distributed among the staff of British Petroleum in
North America as a part of its incentive program.
The operational efficiencies associated with wearable devices is also driving the growth of this market.
Wearable devices used in the logistics sector helps in tracking of goods and provides estimated time
frames for delivery to the managers. For instance, in Amazon, the sourcing personnel who work in
warehouses wear GPS tags and have a handheld scanner. These devices tell the workers the most efficient
route to take to collect an item for delivery.
View summary of this report @ http://www.radiantinsights.com/research/global-industrialwearable-devices-market-2015-2019
Product segmentation and analysis of the industrial wearable devices market
• Smart glass
• Smartwatch
• Fitness tracker
• Wearable camera
Fitness trackers dominated the market during 2014 with a market share of around 79% and is expected to
reach a market value of USD 587 million by the end of 2019. Fitness trackers are used for employees
wellness programs in enterprises. Fitness tracker monitors metrics such as heart beat, quality of sleep, and
distance walked along with other factors. These devices are synced to the computer or smartphone to
track this data.
Geographical segmentation and analysis of the industrial wearable devices market
• APAC
• Europe
• North America
• ROW
North America accounted for the largest market share of around 41% during 2014. The report predicts
this region to maintain its market dominance until the end of 2019, with a market value of USD 3,123
million. The rising awareness among the industries towards wearable computing technology has raised its
adoption rate in this region. The US and Canada are the market leaders in this region.
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Competitive landscape and key vendors
The global industrial wearable devices market is dominated by international vendors. The competition in
the market is expected to intensify during the forecast period, with an increase in product/service
extensions, innovations in technology, and mergers. International players are anticipated to grow
inorganically during the forecast period by acquiring regional or local players.
The key vendors in the market are • Apple
• Epson
• Fujitsu
• Google
• Microsoft
• Vizux
Other vendors in the market include ASUS, Fitbit, Garmin, Honeywell, Jawbone, Motorola, Nike, Pebble,
Samsung, SAP, Sony, and Eurotech.
Key questions answered in the report include
• What will the market size and the growth rate be in 2019?
• What are the key factors driving the global industrial wearable devices market?
• What are the key market trends impacting the growth of the global industrial wearable devices market?
• What are the challenges to market growth?
• Who are the key vendors in the industrial wearable devices market?
• What are the market opportunities and threats faced by the vendors in the industrial wearable devices
market?
• Trending factors influencing the market shares of APAC, Europe, North America, and ROW?
• What are the key outcomes of the five forces analysis of the global industrial wearable devices market?
Technavio also offers customization on reports based on specific client requirement.
View summary of this report @ http://www.radiantinsights.com/research/global-industrialwearable-devices-market-2015-2019
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Table of Contents
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Offerings of the top vendors
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Global wearable technology market
• Global industrial wearable devices market
• Five forces analysis
PART 06: Market segmentation by product
• Market overview
• Global industrial fitness tracker market
• Global industrial smart glasses market
• Global industrial smart watch market
• Global industrial wearable camera market
• Global market for other industrial wearable devices
PART 07: Geographical segmentation
• Global industrial wearable devices market by geographical segmentation
View summary of this report @ http://www.radiantinsights.com/research/global-industrialwearable-devices-market-2015-2019
• Industrial wearable devices market in North America
• Industrial wearable devices market in Europe
• Industrial wearable devices market in APAC
• Industrial wearable devices market in ROW
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
• Competitive scenario
• Market vendor analysis 2014
• Other prominent vendors
PART 14: Other prominent vendors
• ASUS
• Fitbit
• Eurotech
• Garmin
• Honeywell
• Jawbone
• Motorola
• Nike
• Pebble
• Samsung
• SAP
• Sony
View summary of this report @ http://www.radiantinsights.com/research/global-industrialwearable-devices-market-2015-2019
PART 15: Key vendor analysis
• Apple
• Fujitsu
• Epson
• Google
• Microsoft
• Vuzix
PART 16: Appendix
• List of abbreviations
PART 17: Explore Technavio
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business
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For more information visit, Radiant Insights
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