Enterprise Wearables: A Dynamic Market

Key Points

In this report, we review the market for enterprise wearables: Devices used in business environments for work. 

• We estimate global shipments for enterprise wearables were approximately 10.4 million units in 2018, and expect this total to reach more than 23 million units by 2022.
• Bring Your Own Device (BYOD) has gained traction and increased the services, applications and data stored on devices, including the amount of data exchanged between devices.
• Of the five companies with the largest global share in wearable shipments, only Apple, Fitbit and Samsung have wearable offerings for business.
• The need for employees to stay connected in stores is expected to drive the market for wearables in retail, while the wearable market in healthcare is expected to be driven by advancements in health trackers.