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Global Industrial Wearable Devices Market 2015-2019

Category : Consumer Goods  | Published Date : Dec-2015 | Pages : 82
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Market analysis of industrial wearable devices 

Technavio’s 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.

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.

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.

Related reports
• Global Smart Wearable Lifestyle Devices and Services Market 2015-2019
• Global Smart Wearable Entertainment Devices and Services Market 2015-2019
• Global Smart Wearable Healthcare Devices and Services Market 2015-2019
• Wearable Electronics Market in the US 2015-2019
• Global Wearable Electronics Market 2015-2019

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
• 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
PART 15: Key vendor analysis
• Apple
• Fujitsu
• Epson
• Google
• Microsoft
• Vuzix
PART 16: Appendix
• List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global wearable technology market 2014-2019 ($ billions)
Exhibit 03: Wearable devices placed on different PARTs of the body
Exhibit 04: Global industrial wearable devices market ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Various products in global industrial wearable devices market
Exhibit 07: Global industrial wearable devices market segmentation by product 2014
Exhibit 08: Global industrial wearable devices market segmentation by product 2014
Exhibit 09: Global industrial wearable devices market segmentation by product 2014-2019
Exhibit 10: Global industrial wearable devices market segmentation by product 2014-2019 ($ millions)
Exhibit 11: Global fitness tracker market 2014-2019 ($ millions)
Exhibit 12: Global industrial fitness tracker market share 2014
Exhibit 13: Global industrial smart glasses market 2014-2019 ($ millions)
Exhibit 14: Global industrial smart watch market 2014-2019 ($ millions)
Exhibit 15: Global smart watch market vendor share 2014
Exhibit 16: Global industrial wearable camera market 2014-2019 ($ millions)
Exhibit 17: Global market for other industrial wearable devices 2014-2019 ($ millions)
Exhibit 18: Global industrial wearable devices market segmentation by geography 2014
Exhibit 19: Global industrial wearable devices market segmentation by geography 2019
Exhibit 20: Global industrial wearable devices market segmentation by geography 2014-2019
Exhibit 21: Industrial wearable devices market in North America 2014-2019 ($ millions)
Exhibit 22: Industrial wearable devices market in Europe 2014-2019 ($ millions)
Exhibit 23: Industrial wearable devices market in APAC 2014-2019 ($ millions)
Exhibit 24: Industrial wearable devices market in ROW 2014-2019 ($ millions)
Exhibit 25: Summary of global industrial wearable devices market by geography 2014-2019 ($ millions)
Exhibit 26: Global smartphone shipments 2009-2019 (millions of units)
Exhibit 27: Impact of drivers
Exhibit 28: Impact of drivers and challenges
Exhibit 29: Apple: Business segmentation by revenue 2014
Exhibit 30: Apple: Product segmentation by revenue 2014
Exhibit 31: Apple: Product segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 32: Fujitsu: Business segmentation by revenue 2015
Exhibit 33: Seiko Epson: Business segmentation by revenue 2015
Exhibit 34: Seiko Epson: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 35: Seiko Epson: Geographical segmentation by revenue 2015
Exhibit 36: Google: Comparison of advertising revenues and other revenues 2013 and 2014 ($ billions)
Exhibit 37: Google: Geographical segmentation by revenue 2014
Exhibit 38: Microsoft: Business segmentation by revenue 2015
Exhibit 39: Microsoft: Business segmentation by revenue 2014 and 2015 ($ billions)
Exhibit 40: Microsoft: Geographical segmentation by revenue 2015
Exhibit 41: Vuzix: Segmentation by revenue 2014
Exhibit 42: Vuzix: Segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 43: Vuzix: Geographical segmentation by revenue 2014
...
Publisher Name : Technavio

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