Enterprise Wearables Market 2017 By 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.

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).

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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.

Global Enterprise Wearables Market was valued at $3,232 million in 2016, and is projected to reach at $32,418 million by 2023, growing at a CAGR of 38.8% from 2017 to 2023. 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 employees 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.

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Top Impacting Factors

Increase in concern of health and wellness, growth in internet and mobile penetration, rise in concern related to data security, and high cost of enterprise wearables impact the growth of the global enterprise wearables market. These factors are anticipated to either drive or hamper the market growth.

Key Benefits for Stakeholders

This study comprises analytical depiction of the global enterprise wearables market with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2017 to 2023 to highlight the financial competency of the market.
Porters Five Forces analysis illustrates the potency of the buyers and suppliers in the industry.

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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.

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