Global B2B Enterprise & Industrial Wearables Market size is expected to reach nearly US 96.60 Bn by 2029 with the CAGR of 28.2% during the forecast period. The global B2B Enterprise & Industrial Wearables market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global B2B Enterprise & Industrial Wearables report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Definition of B2B Enterprise & Industrial Wearables:
B2B enterprise & industrial Wearables devices are useful tools for improving workplace productivity, safety, and quality in industries like manufacturing, logistics, healthcare, and lifestyle. These devices are made up of advanced electronic components that collect data, monitor behaviors and provide personalized experiences based on the needs and preferences of the users.B2B Enterprise & Industrial Wearables Market Dynamics:
The enterprise Wearables market is driven by a rise in healthcare awareness and a rise in smartphone penetration. Furthermore, advantages like ease of use, versatility, and convenience are propelling the market forward. The market's growth is hampered by the high cost of corporate Wearables and the increase in data protection and privacy concerns. Furthermore, the rise in demand for enterprise Wearables in emerging markets such as China, India, and Brazil, owing to an increase in health and wellness, offers plenty of room for expansion. Wearables devices are seen as an opportunity by forward-thinking businesses to leverage the continuous flow of data available. The flood of data is expected to reshape the corporate landscape by spawning new technology, services, and even sectors. Technical challenges such as longer running time, which is currently limited by battery life and the limitations of other power sources, the balance between faster data transmission and low power consumption, weight reduction, and biocompatibility are expected to stifle the growth of B2B Wearables.Key Market Trend:
Wearables are expected to benefit from increased demand for smart factory setups. Industrial wearables are becoming more common as production costs continue to fall and functionality improves as a result of consumer-sector learning. Industrial wearables are being used to boost performance, enhance protection, shorten contact loops, speed up onboarding and training, and enable remote experts to confer on technical issues. Wearable devices are also used for hands-free instructions and communication, which is a straightforward and realistic use of the technology. Workers in the fuel, energy, and industrial sectors, for example, are often required to issue complex, documented orders.In Business Wearable Technology Matters:
By 2022, the total number of connected wearable devices would have surpassed 1.2 billion. Wearables can assist companies in dealing with issues such as employee policies, clients, and properties. Wearable technology is said to be crucial to the success of 78 % of businesses that have embraced it. Wearables helped 74 % of people increase their results. 84 % of respondents stated they'll increase their wearables spending.B2B Enterprise & Industrial Wearables Market Segmentation:
Based on the device type, the B2B enterprise & industrial Wearables market is segmented into the head-mounted display (HMDs), wrist wears (smartwatch & fitness bands), enterprise smart glass, smart clothing & body sensors, wearables cameras, and other device types. Smartwatches hold the majority of the market share of XX% in 2020. Smartwatches have a wide range of applications that make them an excellent candidate for workplace assistance and company integration. They are highly commercialized and available across the spectrum. Moreover, Fitness trackers can be synced with mobile apps to monitor data more accurately, allowing users to be certain that they are getting accurate readings. This wearable health technology, together with the apps, will aid in the diagnosis of health problems and even the severity of certain conditions. In the fourth quarter of 2020, Apple Watch Series 6 and Watch SE sold a total of 12.9 million units. Because of the pandemic, AirPods and Apple watches were extremely common. Apple's growing watch portfolio meant that devices were available at a range of prices, including new mid-level models like the Watch SE. Xiaomi came in second with 17 million units delivered, including 12.8 million simple wristbands. The company's low price point, combined with international expansion, propelled it forward with a 26.4 % year-over-year increase. China overtook North America as in terms of shipment after trailing for the previous seven quarters. While the Apple Watch Series 4 sparked considerable growth in the North American market, China managed to gain ground with smartwatches aimed at children. India, despite being the world's second-largest smartphone market, only accounted for 4% of global smartphone sales.B2B Enterprise & Industrial Wearables Market Regional Insights:
Because of the integration of digital, broadband speeds, and government spending on research leading to the advancement of technology for high-end applications such as the defense, North America is projected to hold the largest market share in the market. In addition, several businesses in the United States have begun to use wearable technology in their operations. BMW, for example, has been using smart glasses for testing and quality control of its vehicles in the United States. The company's pilot project allowed inspectors to collect data through photos and videos to record possible product deviations. Wearable sensors have the highest penetration in North America, owing to the region's early adoption of newer technology. The lucrative growth of the North American wearable sensors market is being driven by increasing demand across various application sectors, such as wearable technology for wellness, healthcare, and defense. Leading sensor companies such as NXP Semiconductors N.V., Texas Instruments Inc., and Honeywell International Inc. are concentrating their efforts on developing technologically innovative, cost-effective, and stable products and solutions for a variety of applications. The objective of the report is to present a comprehensive analysis of the Global B2B Enterprise & Industrial Wearables Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global B2B Enterprise & Industrial Wearables Market dynamics, structure by analyzing the market segments and project the global B2B Enterprise & Industrial Wearables market size. Clear representation of competitive analysis of key players By Device Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global B2B Enterprise & Industrial Wearables Market make the report investor’s guide.B2B Enterprise & Industrial Wearables Market Scope: Inquire before buying
Global B2B Enterprise & Industrial Wearables Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 16.97 Bn. Forecast Period 2023 to 2029 CAGR: 28.2% Market Size in 2029: US $ 96.60 Bn. Segments Covered: by Device Type HMDs Wrist Wears (Smart Watch & Fitness Bands) Enterprise Smart Glass Smart Clothing & Body Sensors Wearables Cameras Other Device Types by End-User Industries IT & Telecom Healthcare Retail Insurance Manufacturing Other End-User Verticals B2B Enterprise & Industrial Wearables Market, By Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (razil, Argentina Rest of South America)B2B Enterprise & Industrial Wearables Market Key Players
1 Apple 2 Epson 3 Fujitsu 4 Google 5 Microsoft 6 Vuzix 7 ASUS 8 Fitbit 9 Garmin 10 Honeywell 11 Jawbone 12 Motorola 13 Nike 14 Pebble 15 Samsung 16 SAP 17 Sony 18 Xiomi 19 Eurotech 20 Other Key Players Frequently Asked Questions: 1. Which region has the largest share in Global Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Market? Ans: The Global Market is growing at a CAGR of 28.2 % during forecasting period 2023-2029. 3. What is scope of the Global market report? Ans: Global Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global market? Ans: The important key players in the Global Market are – Apple, Epson, Fujitsu, Google, Microsoft, Vuzix, ASUS, Fitbit, Garmin, Honeywell, Jawbone, Motorola, Nike, Pebble, Samsung, SAP, Sony, Xiomi, Eurotech, and Other Key Players 5. What is the study period of this market? Ans: The Global Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global B2B Enterprise & Industrial Wearables Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the B2B Enterprise & Industrial Wearables Market 3.4. Geographical Snapshot of the B2B Enterprise & Industrial Wearables Market, By Manufacturer share 4. Global B2B Enterprise & Industrial Wearables Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global B2B Enterprise & Industrial Wearables Market 5. Supply Side and Demand Side Indicators 6. Global B2B Enterprise & Industrial Wearables Market Analysis and Forecast, 2022-2029 6.1. Global B2B Enterprise & Industrial Wearables Market Size & Y-o-Y Growth Analysis. 7. Global B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 7.1.1. HMDs 7.1.2. Wrist Wears (Smart Watch & Fitness Bands) 7.1.3. Enterprise Smart Glass 7.1.4. Smart Clothing & Body Sensors 7.1.5. Wearables Cameras 7.1.6. Other Device Types 7.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 7.2.1. IT & Telecom 7.2.2. Healthcare 7.2.3. Retail 7.2.4. Insurance 7.2.5. Manufacturing 7.2.6. Other End-User Verticals 8. Global B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 9.1.1. HMDs 9.1.2. Wrist Wears (Smart Watch & Fitness Bands) 9.1.3. Enterprise Smart Glass 9.1.4. Smart Clothing & Body Sensors 9.1.5. Wearables Cameras 9.1.6. Other Device Types 9.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 9.2.1. IT & Telecom 9.2.2. Healthcare 9.2.3. Retail 9.2.4. Insurance 9.2.5. Manufacturing 9.2.6. Other End-User Verticals 10. North America B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 12. Canada B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 13. Mexico B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 14. Europe B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 15. Europe B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 17. France B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 18. Germany B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 19. Italy B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 20. Spain B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 21. Sweden B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 22. CIS Countries B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 23. Rest of Europe B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 24. Asia Pacific B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 25. Asia Pacific B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 27. India B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 28. Japan B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 29. South Korea B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 30. Australia B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 31. ASEAN B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 32. Rest of Asia Pacific B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 33. Middle East Africa B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 34. Middle East Africa B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 36. GCC Countries B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 37. Egypt B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 38. Nigeria B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 39. Rest of ME&A B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 40. South America B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 41. South America B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 43. Argentina B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 44. Rest of South America B2B Enterprise & Industrial Wearables Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Device Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By End-User Industries, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global B2B Enterprise & Industrial Wearables Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Xiomi 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Apple 45.3.3. Epson 45.3.4. Fujitsu 45.3.5. Google 45.3.6. Microsoft 45.3.7. Vuzix 45.3.8. ASUS 45.3.9. Fitbit 45.3.10. Garmin 45.3.11. Honeywell 45.3.12. Jawbone 45.3.13. Motorola 45.3.14. Nike 45.3.15. Pebble 45.3.16. Samsung 45.3.17. SAP 45.3.18. Sony 45.3.19. Eurotech 45.3.20. Other Key Players 46. Primary Key Insights