Market Overview:
The global enterprise wearable services and supporting platforms market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for smart glasses in industrial applications, rising adoption of body-mounted cameras for security purposes, and growing popularity of sports and adventure activities. The head-mounted segment is expected to hold the largest share of the global enterprise wearable services and supporting platforms market in 2018. This can be attributed to the increasing demand for smart glasses in industrial applications such as manufacturing, logistics, and construction. The body-mounted segment is projected to grow at the highest CAGR during the forecast period owing to rising adoption of body-mounted cameras for security purposes across various industries such as retail, banking & financial services, transportation & logistics, and healthcare. In terms of application, the sports & adventure segment is expected to hold a major share of the global enterprise wearable services and supporting platforms market in 2018. This can be attributed to growing popularity of sports activities such as cycling, running, skiing/snowboarding etc., which require real-time information on performance parameters such as heart rate or speed).
Product Definition:
An enterprise wearable service is a type of software that allows employees to access information or complete tasks using wearable devices. Supporting platforms provide the infrastructure necessary to run these services, including tools for managing devices and data, and APIs for integrating with other enterprise systems.
Enterprise wearable services are important because they allow businesses to take advantage of the latest technology trends in a secure and controlled environment. By providing employees with access to critical information and tools through their wearable devices, enterprises can improve efficiency and productivity. In addition, supporting platforms provide a central location for managing all of an organization's wearables, which can be essential for security and compliance purposes.
Head Mount:
Head Mount is a device that straps onto the user's head and provides a first-person perspective, allowing them to look around while keeping their body stationary. It can be used for various applications such as virtual reality (VR), augmented reality (AR), remote monitoring, telepresence, surveillance & navigation among others. The technology has been around for more than two decades but only recently has it started gaining traction in the enterprise wearable services and supporting platforms market.
Body Mount:
Body mount is a technology that allows the integration of a smartphone or tablet into body-worn devices. It enables users to streamline their workflows and access enterprise data more efficiently by mounting their device on the body, thereby eliminating wires. The technology has been gaining traction in enterprise wearable services as it helps improve user experience by providing seamless connectivity and mobility to employees while they are on-the-go.
Application Insights:
The sports and adventure application segment led the global enterprise wearable services market in 2017. The growth can be attributed to the increasing use of these devices for monitoring health, fitness, and performance data by athletes as well as coaches. Furthermore, companies such as VF Corporation have introduced products such as Bluetooth Smart Heart Rate Monitors that are used by athletes for continuous heart rate monitoring during physical activity. These factors are expected to drive demand over the forecast period.
The security application segment is anticipated to witness significant growth over the forecast period owing to rising concerns related to employee safety at organizations globally. In addition, growing awareness about theft and loss of corporate assets has resulted in increased adoption of wearable security devices among businesses worldwide.
Regional Analysis:
North America dominated the global enterprise wearable services and supporting platforms market in 2017. The region is expected to maintain its position during the forecast period owing to high disposable income, technological advancements, and increasing adoption of fitness apps. In addition, rising cases of obesity are expected to drive demand for body-worn cameras in order to maintain a healthy lifestyle among individuals working in security applications.
Asia Pacific is anticipated to witness significant growth over the next eight years owing with rapid urbanization and growing population especially in China & India. This has led governments across these countries as well as other developing nations such as Bangladesh & Sri Lanka are focusing on health awareness programs that encourage individuals across their country adopt healthy lifestyles including regular exercise routines or sports activities which will further boost demand for enterprise wearable services over this period of time (2018 - 2030). Moreover, increasing investments by companies such as Google LLC; Samsung Electronics Co., Ltd.; Baidu Inc.
Growth Factors:
- Increasing demand for wearable devices from the enterprise sector
- Proliferation of low-cost, sophisticated sensors and microcontrollers
- Advances in wireless communication technologies and data analytics
- Growing popularity of cloud-based services and platforms
- Emergence of new business models and applications for wearables
Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise Wearable Services and Supporting Platforms Market Research Report
By Type
Head Mount, Body Mount, Ear Mount, Smart Glass
By Application
Sports & Adventure, Security, Healthcare, Industrial
By Companies
Accenture, Alpha Software, Augmate, DeviceHub, Kony, PTC, Salesforce, Total Communicator Solutions, Upskill, Vandrico, Zerintia
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Enterprise Wearable Services and Supporting Platforms Market Report Segments:
The global Enterprise Wearable Services and Supporting Platforms market is segmented on the basis of:
Types
Head Mount, Body Mount, Ear Mount, Smart Glass
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Sports & Adventure, Security, Healthcare, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Accenture
- Alpha Software
- Augmate
- DeviceHub
- Kony
- PTC
- Salesforce
- Total Communicator Solutions
- Upskill
- Vandrico
- Zerintia
Highlights of The Enterprise Wearable Services and Supporting Platforms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Head Mount
- Body Mount
- Ear Mount
- Smart Glass
- By Application:
- Sports & Adventure
- Security
- Healthcare
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enterprise Wearable Services and Supporting Platforms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enterprise Wearable Services and Supporting Platforms is a market segment that covers the development, sale, and support of wearable technology products for businesses. The market includes companies that develop wearable technology products as well as those that provide supporting platforms to help businesses deploy and manage these devices. Supporting platforms may include software development kits (SDKs), customer service tools, or other resources necessary to enable successful deployment of enterprise wearables.
Some of the major companies in the enterprise wearable services and supporting platforms market are Accenture, Alpha Software, Augmate, DeviceHub, Kony, PTC, Salesforce, Total Communicator Solutions, Upskill, Vandrico, Zerintia.
The enterprise wearable services and supporting platforms market is expected to grow at a compound annual growth rate of 16.5%.
1 Executive Summary2 Assumptions and Acronyms Used
3 Research Methodology
4 Enterprise Wearable Services and Supporting Platforms Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.2 Macro-Economic Factors
4.2.1 Industry Outlook
4.3 Enterprise Wearable Services and Supporting Platforms Market Dynamics
4.3.1 Market Drivers
4.3.2 Market Restraints
4.3.3 Opportunity
4.3.4 Market Trends
4.4 Enterprise Wearable Services and Supporting Platforms Market - Supply Chain
4.5 Global Enterprise Wearable Services and Supporting Platforms Market Forecast
4.5.1 Enterprise Wearable Services and Supporting Platforms Market Size (US$ Mn) and Y-o-Y Growth
4.5.2 Enterprise Wearable Services and Supporting Platforms Market Absolute $ Opportunity
5 Global Enterprise Wearable Services and Supporting Platforms Market Analysis and Forecast by Type
5.1 Market Trends
5.2 Introduction
5.2.1 Basis Point Share (BPS) Analysis by Type
5.2.2 Y-o-Y Growth Projections by Type
5.3 Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Type
5.3.1 Head Mount
5.3.2 Body Mount
5.3.3 Ear Mount
5.3.4 Smart Glass
5.4 Absolute $ Opportunity Assessment by Type
5.5 Market Attractiveness/Growth Potential Analysis by Type
6 Global Enterprise Wearable Services and Supporting Platforms Market Analysis and Forecast by End-user
6.1 Market Trends
6.2 Introduction
6.2.1 Basis Point Share (BPS) Analysis by End-user
6.2.2 Y-o-Y Growth Projections by End-user
6.3 Enterprise Wearable Services and Supporting Platforms Market Size Forecast by End-user
6.3.1 Sports & Adventure
6.3.2 Security
6.3.3 Healthcare
6.3.4 Industrial
6.4 Absolute $ Opportunity Assessment by End-user
6.5 Market Attractiveness/Growth Potential Analysis by End-user
7 Global Enterprise Wearable Services and Supporting Platforms Market Analysis and Forecast by Region
7.1 Market Trends
7.2 Introduction
7.2.1 Basis Point Share (BPS) Analysis by Region
7.2.2 Y-o-Y Growth Projections by Region
7.3 Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Region
7.3.1 North America
7.3.2 Europe
7.3.3 Asia Pacific
7.3.4 Latin America
7.3.5 Middle East and Africa (MEA)
7.4 Absolute $ Opportunity Assessment by Region
7.5 Market Attractiveness/Growth Potential Analysis by Region
8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Market Trends
8.3 Patient Data
8.3.1 North America
8.3.2 Europe
8.3.3 Asia Pacific
8.3.4 Latin America
8.3.5 Middle East and Africa (MEA)
8.4 Current Impact Analysis
8.5 Future Impact Analysis
8.6 Economic Impact Analysis
8.7 Government Policies
8.8 Investment Scenario
9 North America Enterprise Wearable Services and Supporting Platforms Market Analysis and Forecast
9.1 Introduction
9.1.1 Basis Point Share (BPS) Analysis by Country
9.1.2 Y-o-Y Growth Projections by Country
9.2 North America Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Absolute $ Opportunity Assessment by Country
9.4 North America Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Type
9.4.1 Head Mount
9.4.2 Body Mount
9.4.3 Ear Mount
9.4.4 Smart Glass
9.5 Basis Point Share (BPS) Analysis by Type
9.6 Y-o-Y Growth Projections by Type
9.7 North America Enterprise Wearable Services and Supporting Platforms Market Size Forecast by End-user
9.7.1 Sports & Adventure
9.7.2 Security
9.7.3 Healthcare
9.7.4 Industrial
9.8 Basis Point Share (BPS) Analysis by End-user
9.9 Y-o-Y Growth Projections by End-user
9.10 Market Attractiveness/Growth Potential Analysis
9.10.1 By Country
9.10.2 By Type
9.10.3 By End-user
10 Europe Enterprise Wearable Services and Supporting Platforms Market Analysis and Forecast
10.1 Introduction
10.1.1 Basis Point Share (BPS) Analysis by Country
10.1.2 Y-o-Y Growth Projections by Country
10.2 Europe Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Absolute $ Opportunity Assessment by Country
10.4 Europe Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Type
10.4.1 Head Mount
10.4.2 Body Mount
10.4.3 Ear Mount
10.4.4 Smart Glass
10.5 Basis Point Share (BPS) Analysis by Type
10.6 Y-o-Y Growth Projections by Type
10.7 Europe Enterprise Wearable Services and Supporting Platforms Market Size Forecast by End-user
10.7.1 Sports & Adventure
10.7.2 Security
10.7.3 Healthcare
10.7.4 Industrial
10.8 Basis Point Share (BPS) Analysis by End-user
10.9 Y-o-Y Growth Projections by End-user
10.10 Market Attractiveness/Growth Potential Analysis
10.10.1 By Country
10.10.2 By Type
10.10.3 By End-user
11 Asia Pacific Enterprise Wearable Services and Supporting Platforms Market Analysis and Forecast
11.1 Introduction
11.1.1 Basis Point Share (BPS) Analysis by Country
11.1.2 Y-o-Y Growth Projections by Country
11.2 Asia Pacific Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 Rest of Asia Pacific (APAC)
11.3 Absolute $ Opportunity Assessment by Country
11.4 Asia Pacific Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Type
11.4.1 Head Mount
11.4.2 Body Mount
11.4.3 Ear Mount
11.4.4 Smart Glass
11.5 Basis Point Share (BPS) Analysis by Type
11.6 Y-o-Y Growth Projections by Type
11.7 Asia Pacific Enterprise Wearable Services and Supporting Platforms Market Size Forecast by End-user
11.7.1 Sports & Adventure
11.7.2 Security
11.7.3 Healthcare
11.7.4 Industrial
11.8 Basis Point Share (BPS) Analysis by End-user
11.9 Y-o-Y Growth Projections by End-user
11.10 Market Attractiveness/Growth Potential Analysis
11.10.1 By Country
11.10.2 By Type
11.10.3 By End-user
12 Latin America Enterprise Wearable Services and Supporting Platforms Market Analysis and Forecast
12.1 Introduction
12.1.1 Basis Point Share (BPS) Analysis by Country
12.1.2 Y-o-Y Growth Projections by Country
12.2 Latin America Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America
12.3 Absolute $ Opportunity Assessment by Country
12.4 Latin America Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Type
12.4.1 Head Mount
12.4.2 Body Mount
12.4.3 Ear Mount
12.4.4 Smart Glass
12.5 Basis Point Share (BPS) Analysis by Type
12.6 Y-o-Y Growth Projections by Type
12.7 Latin America Enterprise Wearable Services and Supporting Platforms Market Size Forecast by End-user
12.7.1 Sports & Adventure
12.7.2 Security
12.7.3 Healthcare
12.8 Basis Point Share (BPS) Analysis by End-user
12.9 Y-o-Y Growth Projections by End-user
12.10 Market Attractiveness/Growth Potential Analysis
12.10.1 By Country
12.10.2 By Type
12.10.3 By End-user
13 Middle East & Africa Enterprise Wearable Services and Supporting Platforms Market Analysis and Forecast
13.1 Introduction
13.1.1 Basis Point Share (BPS) Analysis by Country
13.1.2 Y-o-Y Growth Projections by Country
13.2 MEA Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of MEA
13.3 Absolute $ Opportunity Assessment by Country
13.4 MEA Enterprise Wearable Services and Supporting Platforms Market Size Forecast by Type
13.4.1 Head Mount
13.4.2 Body Mount
13.4.3 Ear Mount
13.4.4 Smart Glass
13.5 Basis Point Share (BPS) Analysis by Type
13.6 Y-o-Y Growth Projections by Type
13.7 MEA Enterprise Wearable Services and Supporting Platforms Market Size Forecast by End-user
13.7.1 Sports & Adventure
13.7.2 Security
13.7.3 Healthcare
13.7.4 Industrial
13.8 Basis Point Share (BPS) Analysis by End-user
13.9 Y-o-Y Growth Projections by End-user
13.10 Market Attractiveness/Growth Potential Analysis
13.10.1 By Country
13.10.2 By Type
13.10.3 By End-user
14 Competition Landscape
14.1 Global Enterprise Wearable Services and Supporting Platforms Market: Market Share Analysis
14.2 Enterprise Wearable Services and Supporting Platforms Distributors and Customers
14.3 Enterprise Wearable Services and Supporting Platforms Market: Competitive Dashboard
14.4 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.4.1 Accenture
14.4.2 Alpha Software
14.4.3 Augmate
14.4.4 DeviceHub
14.4.5 Kony
14.4.6 PTC
14.4.7 Salesforce
14.4.8 Spark Compass- Total Communicator Solutions, Inc
14.4.9 Upskill
14.4.10 Vandrico
14.4.11 Zerintia
