Skip to main content

Demand for Wearable Technology within the Enterprise

Wearable technologies are not limited to consumer applications. Growing at a CAGR value of 56.1 percent over the next five years, wearable device technologies could become an integral part of enterprise mobile enablement strategies, according to the latest market study by ABI Research.

The North American region will be the largest and grow at a CAGR value of 39 percent 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 percent.

"There are cases being made for wearables in the enterprise despite the relative newness of the technology. However, which wearables are primed for enterprise usage and adoption is a more important question," said Jason McNicol senior enterprise analyst at ABI Research.

Wearable technology such as smart glasses and those used for healthcare are better suited for the enterprise as corporate-liable devices. Smartwatches, on the other hand, will most likely follow the trend of bring your own device (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. Smart watch OEMs Samsung, LG, Sony, and Google are also trying to position their products for the enterprise.

Moreover, 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 likely see significant growth.

Like any digital device supporting the enterprise, connected wearables will need to be secured and managed by the corporate IT organization.

Wearable use cases in field services, maintenance and training highlight the need for enterprise mobility management providers, mobile network operators, enterprise application and platform vendors, system integrators and device OEMs to add professional 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 network connections.

Popular posts from this blog

Hybrid Work: How to Enhance Employee Productivity

When you hire qualified talent for a key role and trust them to perform, you'll likely achieve the best outcome. Skilled and experienced people will deliver results, regardless of the challenges. That's a key lesson learned from the pandemic experience as most knowledge workers were asked to work from their homes. However, some resist returning to an open-plan office. It's unacceptable. Meanwhile, forward-thinking leaders decided a "return to normal" is undesirable, and in hindsight, everyone should aspire to be more accomodating than before. Therefore, location flexibility is okay. Hybrid Workforce Market Development How will people adapt to these changes? They'll apply the modern IT tools at their disposal. They'll learn new skills and thrive. Nearly 80 percent of employees are now successfully using online collaboration tools for work in 2021 -- that's up from just over half of workers in 2019, according to the latest market study by Gartner. This g

Mobility-as-a-Service Creates Disruptive Travel Options

Building on significant advances in big data, analytics, and the Internet of Things (IoT), more innovative transit service offerings aim to increase public transport ridership and reduce emissions or congestion within metropolitan areas. By providing these services through smartphone apps, the transit services also significantly increase user convenience, providing information on different human mobility offerings -- including public transport, ridesharing, and autonomous vehicles. Mobility-as-a-Service Market Development According to the latest market study by Juniper Research, Mobility-as-a-Service (MaaS) subscribers will generate $53 billion in revenue for MaaS platform providers by 2027 -- that's rising from $5.3 billion in 2021. Let's start with a basic definition. MaaS is the provision of multi-modal end-to-end travel services through single platforms, by which users can determine an optimal route and price. The study identified a monthly subscription model as key to incr

Upside for New 5G Network Transport Infrastructure

The global mobile communication sector is in the midst of a significant network infrastructure upgrade to support the introduction of new high-bandwidth and low-latency broadband service offerings.  Telecom service provider data centers have an important role in fifth-generation (5G) network deployments. Providers undergoing their transition to Stand-Alone (SA) 5G must understand the technical demands of telco data centers and the key enablers of those offerings. According to the latest worldwide market study by ABI Research, the major prerequisites of 5G and the emerging transport solutions would help operators position themselves to successfully capitalize on the new revenue opportunities from delivering differentiated 5G connectivity services. 5G Transport Network Market Development "The rise of the telco data center has a high degree of confluence with the requirements of SA 5G architectures. SA 5G and its increasing reliance on telco data centers can be attributed to the incr