Market Overview:
The North America industrial wearable devices market size reached US$ 4.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.7 Billion by 2032, exhibiting a growth rate (CAGR) of 10% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 4.5 Billion |
Market Forecast in 2032
|
US$ 10.7 Billion |
Market Growth Rate (2024-2032) |
10% |
Industrial wearable devices are functional tools that assist in upgrading workplace safety, productivity and efficiency in military and defense, healthcare, retail, manufacturing, etc. These devices are equipped with IoT capabilities, such as wireless data transmission, real-time feedback, and automatic health alerts. Moreover, they can collect, store, interpret and exchange data with other devices working on compatible networks.
The North America industrial wearable devices market is currently being driven by several factors. The industrial wearable devices are increasingly being utilized in high-risk environments, such as oil and gas recovery, mining operations, and construction sites. Additionally, the rising technological innovations in these devices, such as bio-sensing, have enabled the tracking of health conditions, which include blood oxygen levels, body temperature and heart rate of the employees. Furthermore, these devices are also employed for field management, real-time data monitoring, corporate wellness, mobile workforce management and authentication.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the North America industrial wearable devices market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product, application and end-use.
- Key Regions Analysed
- Analysis for Each Country
- Market by Product
- Market by Application
- Warehouse Management
- Training & Simulation
- Service & Maintenance
- Others
- Market by End-Use
- Healthcare
- Military and Defense
- Retail
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Segment Coverage |
Product, Application, End-Use, Country |
Countries Covered |
United States, Canada |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the North America industrial wearable devices market performed so far and how will it perform in the coming years?
- What are the key regions in the North America industrial wearable devices market?
- What has been the impact of COVID-19 on the North America industrial wearable devices market?
- What is the breakup of the North America industrial wearable devices market on the basis of product?
- What is the breakup of the North America industrial wearable devices market on the basis of application?
- What is the breakup of the North America industrial wearable devices market on the basis of end-use?
- What are the various stages in the value chain of the North America industrial wearable devices industry?
- What are the key driving factors and challenges in the North America industrial wearable devices industry?
- What is the structure of the North America industrial wearable devices industry and who are the key players?
- What is the degree of competition in the North America industrial wearable devices industry?