Reports

Sale

Industrial Wearable Devices Market

Global Industrial Wearable Devices Market Size, Forecast: By Product: Fitness Tracker, Smart Glasses, Smart Watch, Wearable Camera, Others; By Application: Warehouse Management, Training and Simulation, Service and Maintenance, Others; By End Use; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Industrial Wearable Devices Market Outlook

The global industrial wearable devices market reached a value of about USD 2.37 billion in 2023. The industry is further expected to increase at a CAGR of nearly 9.5% between 2024 and 2032 to reach a value of about USD 5.35 billion by 2032.

 

Industrial Wearable Devices Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

North America is currently the leading region for the market, accounting for the majority of the market share. On the other hand, the Asia Pacific is projected to be one of the fastest-growing markets for industrial wearable devices due to factors like government initiatives including Made in China 2026, promoting the adoption of industrial IoT as well as smart manufacturing technologies, government aid for the adoption of advanced communications technologies like 5G, and the use of AR glasses as well as other wearables in automotive and other critical applications. The Chinese players' rising investments in AR technology are also likely to boost the Asia Pacific's industrial wearable devices market.

 

Properties and Applications

Wearable devices, also referred to as wearables, refer to gadgets that can be worn as clothes or accessories on the body. The major benefit these devices bring is their potential to connect to the internet as well as enable the sharing of data in real-time. The ubiquity of smartphones and internet access has resulted in the proliferation of wearable device technology both in the consumer and industrial markets over the last years. Specifically, in the industrial segment, these tools provide huge opportunities to reduce error rates, improve work efficiency, and improve workers' health. As a result, these tools are experiencing rapid adoption in various verticals from the retail to manufacturing industries.

 

Industrial Wearable Devices Market by End Use

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Based on the product, the market can be divided into the following:

They find wide applications in the following sectors:

  • Warehouse Management
  • Training and Simulation
  • Service and Maintenance
  • Others

The end-use segments in the industry can be segmented as follows:

  • Transport and Logistics
  • Retail
  • Manufacturing
  • Healthcare
  • Others

The regional markets for industrial wearable devices include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Industrial Wearable Devices Market by Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

Wearable devices include different sensors that can monitor data related to the vital signs, health, or position of the user. The growing R&D activities and incorporation of virtual reality as well as augmented reality in these apps have contributed to their use in applications ranging from educating new workers to recovery of motor functions. Keeping this in mind, companies in the market are developing wearables for market-specific applications. For example, for the healthcare sector, smart glasses are being created to promote expert communication, knowledge sharing as well as hands-free access to patient information. Similarly, businesses use safety alarms for workers working in dangerous conditions, including mines, building sites, and various manufacturing facilities. Several organizations often have exercise monitoring as part of their wellness services, where these devices have information about an employee's health status along with personalised health advice. This is expected to improve productivity and minimise the number of sick days. All these trends are together likely to boost the market growth.

 

Competitive Landscape 

The report gives a detailed analysis of the following companies in the global industrial wearable devices market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Apple Inc
  • Fitbit, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • End Use
  • Region
Breakup by Product
  • Fitness Tracker
  • Smart Glasses
  • Smart Watch
  • Wearable Camera
  • Others
Breakup by Application
  • Warehouse Management
  • Training and Simulation
  • Service and Maintenance
  • Others
Breakup by End Use
  • Transport and Logistics
  • Retail
  • Manufacturing
  • Healthcare
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Apple Inc
  • Fitbit, Inc
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Industrial Wearable Devices Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Industrial Wearable Devices Historical Market (2018-2023) 
    8.3    Global Industrial Wearable Devices Market Forecast (2024-2032)
    8.4    Global Industrial Wearable Devices Market by Product
        8.4.1    Fitness Tracker 
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Smart Glasses 
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Smart Watch
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Wearable Camera
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Industrial Wearable Devices Market by Application
        8.5.1    Warehouse Management  
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Training and Simulation 
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Service and Maintenance    
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Others
    8.6    Global Industrial Wearable Devices Market by End Use
        8.6.1    Transport and Logistics  
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Retail
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Manufacturing    
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Healthcare  
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others   
    8.7    Global Industrial Wearable Devices Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Industrial Wearable Devices Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Industrial Wearable Devices Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Industrial Wearable Devices Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Industrial Wearable Devices Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Industrial Wearable Devices Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles (*This list is only indicative. The report contains a more comprehensive list of players.)
        16.2.1    Apple Inc
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Fitbit, Inc.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Industrial Wearable Devices Market: Key Industry Highlights, 2018 and 2032
2.    Global Industrial Wearable Devices Historical Market: Breakup by Product (USD Billion), 2018-2023
3.    Global Industrial Wearable Devices Market Forecast: Breakup by Product (USD Billion), 2024-2032
4.    Global Industrial Wearable Devices Historical Market: Breakup by Application (USD Billion), 2018-2023
5.    Global Industrial Wearable Devices Market Forecast: Breakup by Application (USD Billion), 2024-2032
6.    Global Industrial Wearable Devices Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.    Global Industrial Wearable Devices Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.    Global Industrial Wearable Devices Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Industrial Wearable Devices Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Industrial Wearable Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Industrial Wearable Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Industrial Wearable Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Industrial Wearable Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Industrial Wearable Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Industrial Wearable Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Industrial Wearable Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Industrial Wearable Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Industrial Wearable Devices Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Industrial Wearable Devices Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Global Industrial Wearable Devices Market Structure

Key Questions Answered in the Report

In 2023, the global industrial wearable devices market attained a value of nearly USD 2.37 billion.

The market is projected to grow at a CAGR of 9.5% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 5.35 billion by 2032.

The major drivers of the market are the growing research and development activities by key players, incorporation of virtual reality as well as augmented reality in apps, and rising demand for industrial wearable devices from different end-user sectors.

The key trends guiding the growth of the market include the development of wearables for market-specific applications and rising disposable incomes.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant end uses of industrial wearable devices are transport and logistics, retail, manufacturing, and healthcare, among others.

The major players in the  industrial wearables devices market are Apple Inc and Fitbit, Inc., among others.

Analyst Review

The global industrial wearable devices market attained a value of USD 2.37 billion in 2023, driven by the rising demand from the end-user industries. Aided by the ongoing R&D activities and favourable government initiatives, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 9.5%. The market is projected to reach USD 5.35 billion by 2032. 

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its products, the industry can be segmented into fitness tracker, smart glasses, smart watch, wearable camera, and others. On the basis of applications, the industry is divided into warehouse management, training and simulation, service and maintenance, and others. On the basis of end uses, the industry is categorised into transport and logistics, retail, manufacturing, healthcare, and others. The major regional markets for industrial wearable devices are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Apple Inc, Fitbit, Inc., and others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 2199     $1999
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3299     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4399     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5499     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER