Industrial Wearable Devices Market Growth And Size Report To 2019: Radiant Insights, Inc
Industrial Wearable Devices Market Growth and Size Report To 2019: Radiant Insights, Inc Market analysis of industrial wearable devices This 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. View summary of this report @ http://www.radiantinsights.com/research/global-industrialwearable-devices-market-2015-2019 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. View summary of this report @ http://www.radiantinsights.com/research/global-industrialwearable-devices-market-2015-2019 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. View summary of this report @ http://www.radiantinsights.com/research/global-industrialwearable-devices-market-2015-2019 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 Table of Contents 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 View summary of this report @ http://www.radiantinsights.com/research/global-industrialwearable-devices-market-2015-2019 • 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 View summary of this report @ http://www.radiantinsights.com/research/global-industrialwearable-devices-market-2015-2019 PART 15: Key vendor analysis • Apple • Fujitsu • Epson • Google • Microsoft • Vuzix PART 16: Appendix • List of abbreviations PART 17: Explore Technavio About Radiant Insights Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions. For more information visit, Radiant Insights Contact Details: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc Phone: 1-415-349-0054 Toll Free: 1-888-202-9519
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