DUBLIN--(BUSINESS WIRE)--The "Industrial Wearable Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
The market value is projected to exceed US$ 2.78 Billion by 2024, expanding at a CAGR of 9.2% during 2019-2024.
Industrial wearable devices are functional tools designed to upgrade workplace productivity, safety and efficiency of the companies in sectors such manufacturing, logistics, healthcare, lifestyle, etc. These devices are made up of highly-sophisticated electronic components which collect data, track activities, and provide customized experiences depending on the users' needs and desires. Moreover, they are geared to aid a worker to perform the assigned task at hand with greater ease and reduce accidents related to work. According to the latest report titled "Industrial Wearable Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024, the global industrial wearable devices market reached a value of US$ 1.64 Billion in 2018.
Industrial wearable devices are rapidly gaining prevalence due to their numerous advantages, such as portability, convenience, operational efficiency, etc. In addition, improvement in bio-sensing technology in these devices helps in measuring health parameters such as body temperature, heart rate and blood oxygen levels. These parameters are further used by companies to track the employees' health and are linked to their employee welfare programs, thereby reducing the healthcare costs. Further, industrial wearable devices can be used for real time data monitoring, workforce authentication, field management, corporate wellness and mobile workforce management. This is projected to increase their usage in different verticals, such as healthcare, IT & telecom, and manufacturing. On account of these factors, the market value is projected to exceed US$ 2.78 Billion by 2024, expanding at a CAGR of 9.2% during 2019-2024.
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Industrial Wearable Devices Market
5.1 Market Overview
5.2 Market Performance
5.3 Price Analysis
5.3.1 Key Price Indicators
5.3.2 Price Structure
5.3.3 Margin Analysis
5.4 Market Breakup by Product
5.5 Market Breakup by End-Use
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.9.1 Overview
5.9.2 Strengths
5.9.3 Weaknesses
5.9.4 Opportunities
5.9.5 Threats
5.10 Value Chain Analysis
5.10.1 Overview
5.10.2 Research and Development
5.10.3 Raw Material Procurement
5.10.4 Manufacturing
5.10.5 Marketing
5.10.6 Distribution
5.10.7 End-Use
5.11 Porters Five Forces Analysis
5.11.1 Overview
5.11.2 Bargaining Power of Buyers
5.11.3 Bargaining Power of Suppliers
5.11.4 Degree of Competition
5.11.5 Threat of New Entrants
5.11.6 Threat of Substitutes
6 Market Breakup by Product
6.1 Fitness Tracker
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Smart Glasses
6.3 Smart Watch
6.4 Wearable Camera
6.5 Others
7 Market Breakup by Application
7.1 Warehouse Management
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Training & Simulation
7.3 Service & Maintenance
7.4 Others
8 Market Breakup by End-Use
8.1 Transport & Logistics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Retail
8.3 Manufacturing
8.4 Healthcare
8.5 Others
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.3 Asia Pacific
9.4 Middle East and Africa
9.5 Latin America
10 Industrial Wearable Devices Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Apple
11.3.2 Epson
11.3.3 Fujitsu
11.3.4 Google
11.3.5 Microsoft
11.3.6 Vizux
11.3.7 ASUS.
11.3.8 Fitbit
11.3.9 Garmin
11.3.10 Honeywell
11.3.11 Jawbone
11.3.12 Motorola
11.3.13 Nike
11.3.14 Pebble
11.3.15 Samsung
11.3.16 SAP
11.3.17 Sony
11.3.18 Xiomi
11.3.19 Eurotech
For more information about this report visit https://www.researchandmarkets.com/r/v9uh73
