Enterprise Wearables Market by Product Type (Wrist Wear, Eye Wear, Head Wear, and Others), Technology (Bluetooth and Internet of Things [IoT]), by End User (Manufacturing, Healthcare, Retail, Aerospace & Defense, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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The global electric vehicle chargers market is expected to witness growth due to increase in healthcare awareness and rise in mobile penetration. Further, the benefits such as ease of use, flexibility, and convenience fuels the market growth. However, high cost of enterprise wearables, rise in data security, and privacy concern impedes the market growth.

Enterprise wearables device is the technology that enables industries to provide advanced high-end user experience to their employees while performing the tasks. The wearable devices are used to access information via connected devices, automatic storage, and activity tracking, which increases the employee’s productivity and enhances its performance. Further, an increased technological convergence, presence of internet mobility, easy access to information from an ERP system using touch, gesture, voice commands, and ambient display drive the need for wearable devices in the enterprise. By end user, the market is segmented into manufacturing, healthcare, retail, aerospace & defense, and others. In addition, based on technology, the market is classified into the Bluetooth and internet of things (IoT).

By product type, wrist wear and head wear was dominant segment in 2015 and is anticipated to continue its dominance during the forecasted period. By end user, healthcare witnessed highest growth rate during the forecast period followed by manufacturing and aerospace and defense.

Apple Inc., Alphabet Inc., Adidas AG, Eurotech S.p.A, Fitbit Inc., Samsung Electronics Co. Ltd, Sony Corporation, Seiko Epson Corporation, Misfit Inc. and Xiaomi Inc are key market players that occupy a significant revenue share in the enterprise wearables market.