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...| Read more »