North America Industrial Wearable Devices Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

North America Industrial Wearable Devices Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The North America industrial wearable devices market size reached US$ 4.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.6 Billion by 2028, exhibiting a growth rate (CAGR) of 11.2% during 2023-2028.

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 2023-2028. Our report has categorized the market based on product, application and end-use.

Key Regions Analysed
United States
Canada

Analysis for Each Country

Market by Product
Fitness Tracker
Smart Glasses
Smart Watch
Wearable Camera
Others

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

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?