Global Enterprise Wearables Market to Reach $551.5 Billion by 2030
The global market for Enterprise Wearables estimated at US$62.6 Billion in the year 2023, is expected to reach US$551.5 Billion by 2030, growing at a CAGR of 36.5% over the period 2023-2030. Bluetooth-Connected Enterprise Wearables, one of the segments analyzed in the report, is expected to record 33.9% CAGR and reach US$250.6 Billion by the end of the analysis period. Growth in the Other Connectivity Types segment is estimated at 38.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $15.7 Billion, While China is Forecast to Grow at 44.4% CAGR
The Enterprise Wearables market in the U.S. is estimated at US$15.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$170.9 Billion by the year 2030 trailing a CAGR of 44.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 28.1% and 31.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 30.1% CAGR.
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