Market could be explored by product type, industry type, application, and geography. Market could be explored by
product type as a fitness tracker, wearable camera, smart glasses, and smart watches, etc. The “Smart Watches”
segment led the industrial wearable devices market in 2017 and will continue to lead in the forecast period.
Based on industry type, market could span healthcare, transport & logistics, manufacturing, retail, and others. The
“Healthcare” segment led the Wearable Technology Market in 2014 and is anticipated to maintain its dominance by
2022. The key factors that may be attributed to the growth of the market include increasing client base for wearable
electronic gadgets and an increase in demand for wearable technology owing to social and medicinal insurance. The
key applications that could be explored in the market include service & maintenance, training & simulation, warehouse
management, and others.
North America accounted for the major share of the industrial wearable devices market in 2017 and will continue to
lead in the forecast period. The factors that could be attributed to the growth include high product usage, increasing
use of wrist wear and fitness wear among the fitness enthusiasts, industrial innovations and growing health
consciousness. North America is followed by Asia-Pacific and anticipated to show significant growth in the forecast
period owing to the development of technological innovations in developing regions.
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Some of the key players that fuel the growth of the industrial wearable devices market comprise Epson, Apple, Google,
Fujitsu, Vizux, Microsoft, Fitbit, ASUS, Honeywell, Garmin, Motorola, Jawbone, Pebble, Nike, SAP, Samsung, Eurotech,
Sony. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost
the inorganic growth of the industry.
Market Segment:
The major manufacturers covered in this report
• Apple
• Epson
• Fujitsu
• Google
• Microsoft
• Vizux