According to the global IoT-enabled industrial wearables market research report released by Technavio, the market is expected to accelerate at a CAGR of around 10% during the forecast period. The rising megatrends in digitalization and automation is one of the key drivers for the IoT-enabled industrial wearables market.
This research report titled ˜Global IoT-enabled Industrial Wearables Market 2017-2021 provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The global IoT-enabled industrial wearables market analysis categorizes the market into the following products:
- Smart eyewear
- Head-mounted wearables
- Hand-worn wearables
In 2016, the smart eyewear segment accounted for over 45% of the IoT-enabled industrial wearables market share and is projected to contribute to almost 46% share by 2021, exhibiting almost 1% increase in market share.
Global IoT-enabled industrial wearables market: Top emerging trend
The rising focus on increasing battery life is an emerging trend in the IoT-enabled industrial wearables market. Accommodating heavy equipment in wearables compromises with the quality of battery being used as the batteries occupy a considerable amount of space in battery-operated devices. The industries where a high amount of data is collected from wearables and where the operating period is high cannot afford to face problems related to batteries. Thus, many research works are in progress to enhance the battery life of wearables.
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Technavios report provides expert market research on the following topics:
- Market Outline
- Global IoT-enabled Industrial Wearables Market Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (smart eyewear, head-mounted wearables, and hand-worn wearables)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Alphabet, DAQRI, Epson, Fujitsu, Microsoft, and Vuzix)
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