ABI Research: enterprise wearables market to reach US$18 billion by 2019
TweetFollow Us on Twitter

ABI Research: enterprise wearables market to reach US$18 billion by 2019

Growing at a CAGR [compound annual growth rate] value of 56.1% over the next five years, wearable device technologies will become an integral part of enterprise mobile enablement strategies.

As expected, the North American region will be the largest and grow at a CAGR value of 39% over the next five years. More interestingly, the Asia-Pacific region will become the second largest market outpacing Europe by 2019 with a CAGR of 90%.

"There are cases being made for wearables in the enterprise despite the relative newness of the technology," says ABI Research Senior Enterprise Analyst Jason McNicol. "However, which wearables are primed for enterprise usage and adoption is a more important question. Wearable technology such as smart glasses and those used for healthcare are better suited for the enterprise as corporate-liable devices. Smart watches, on the other hand, will most likely follow the trend of BYOD into the enterprise.”

ABI Research has identified six kinds of wearable devices: smart glasses, cameras, smart watches, healthcare, sports and activity trackers, and 3D motion trackers. Healthcare wearables, smart glasses, and smart watches will be the dominant form-factors purchased by the enterprise and used by employees.

"Companies like Vuzix, in partnership with SAP, and Google Glass Explorers are testing the boundaries and capabilities of smart glass technologies for the enterprise," says McNicol. "Smart watch OEMs [original equipment manufacturers] Samsung, LG, Sony, and Google are also trying to position their products for the enterprise. Lastly, healthcare OEMs FitLinxx, BodyMedia, and FitBit are getting involved through corporate wellness programs. Once these companies convince enterprise customers of the added value from wearables, the market will see incredible growth."

ABI Research Practice Director Dan Shey adds: "Like any digital device supporting the enterprise, wearables will need to be secured and managed. Wearable use cases in field services, maintenance, training, etc., highlight the need for enterprise mobility management providers, mobile operators, enterprise application and platform vendors, system integrators, device OEMs and other enterprise mobile suppliers to add services to support wearables. Enterprise connectivity continues at a rapid pace and its benefits are only achieved when end-to-end solutions – including security and management services – support the devices and connections."

 
AAPL
$102.21
Apple Inc.
+0.08
GOOG
$569.70
Google Inc.
-1.31
MSFT
$44.65
Microsoft Corpora
-0.22
MacNews Search:
Community Search:

Latest Forum Discussions

See All
view counter

view counter
view counter
view counter
view counter
view counter
view counter

MLB Perfect Inning’s Grand Slam Update A...
MLB Perfect Inning’s Grand Slam Update Adds Head-2-Hea​d, Trading, and More Posted by Jessica Fisher on August 28th, 2014 [ permalink ] < | Read more »
ALONE... (Games)
ALONE... 1.0.1 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0.1 (iTunes) Description: ALONE is a handcrafted, intense survival journey through space. Navigate caves, rip through rocky debris, dodge rocks and comets and test your endurance as you pursue ever higher scores in this ultra fast, procedural runner.... | Read more »
Almightree: The Last Dreamer (Games)
Almightree: The Last Dreamer 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: The world is shattering and you are the only hope to restore the balance. A thrilling and challenging 3D puzzle platformer game. Find your way to awaken the Almightree while racing with calamity. | Read more »
The Nightmare Cooperative (Games)
The Nightmare Cooperative 1.1 Device: iOS Universal Category: Games Price: $3.99, Version: 1.1 (iTunes) Description: Fiendishly difficult! Adorably cute! Utterly engrossing!How much gold can you get before your entire team is destroyed? IT'S NEVER ENOUGH! | Read more »
Mobile Convolution (Music)
Mobile Convolution 1.0.0 Device: iOS Universal Category: Music Price: $9.99, Version: 1.0.0 (iTunes) Description: | Read more »
Invaders! From Outer Space Review
Invaders! From Outer Space Review By Rob Thomas on August 27th, 2014 Our Rating: :: RETRO NOSTALGIAUniversal App - Designed for iPhone and iPad It’s a shame that Invaders! doesn’t offer deeper gameplay, as this retro-inspired remake’s presentation is dripping with nostalgic flavor.   | Read more »
Spooklands Review
Spooklands Review By Jennifer Allen on August 27th, 2014 Our Rating: :: ONE-TOUCH SHOOTERUniversal App - Designed for iPhone and iPad One-touch simultaneously controls your direction and your weapon in this unique arena shooter.   | Read more »
Heroes of Order & Chaos Add Twitch I...
Heroes of Order & Chaos Add Twitch Integration, New Heroes, and More Posted by Ellis Spice on August 27th, 2014 [ permalink ] | Read more »
Foodie Yama Review
Foodie Yama Review By Jennifer Allen on August 27th, 2014 Our Rating: :: BRIEFLY HOOKSUniversal App - Designed for iPhone and iPad Foodie Yama will draw you in for a brief while, and you’ll never be entirely sure why.   | Read more »
Spotify Connect Turns One, Now Supports...
Spotify Connect Turns One, Now Supports New Devices Posted by Ellis Spice on August 27th, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.