Research Predicts Bigger Than Expected Upsurge In Enterprise Wearables

This news item is taken from a press release by Business Wire dated June 7 2016. Research and Markets announced a new report “Wearable Devices for Enterprise and Industrial Markets.” Worldwide shipments for enterprise and industrial wearables will increase from 2.3 million in 2015 to 66.4 million units by 2021. A cumulative total of 171.9 million wearables is expected to be shipped for use specifically in enterprise and industrial environments. These figures present a significant boost when compared with previous forecasts from 2015.

A summary of the research report is available here.

  • Wearables are now being rolled out commercially on a significant commercial scale, which has bolstered the figures as predicted above.
  • A direct quote from the report states “More than 66 Million Wearable Devices Will Be Shipped Annually for Use in Enterprise and Industrial Environments by 2021.”
  • Key questions addressed that will be relevant for members and enterprise users include how the value chain is evolving around enterprise and industrial wearables, and which regions will see the biggest growth and the key challenges that could impact wearables growth.

Markets mentioned in the report for which there are applications include corporate wellness, manufacturing, warehouses, field maintenance, mobile workforce management, holographic modelling, first person communications and workplace authentication.

The report will be suitable for a variety of groups such as manufacturers of wearables and smart glasses, enterprise IT systems integrators, Augmented Reality software companies, developers, mobile network operators and the investor community.

Topics included in the report cover market and technology issues, key industry players and market forecasts.

Of the companies mentioned in the research report, three are AREA Members: APX Labs, Augmate and DAQRI. Other companies that are mentioned in the report include: Apple, Epson, Fitbit, Google, Jiff, Microsoft, Nymi, SAP, Salesforce.com, SmartCap, Thalmic Labs and Vuzix.

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