Industry News

ABI Research forecasts enterprise wearable device revenue, such as smartwatches, smart glasses, and wearable scanners, will top US$60 billion in 2022, increasing from just US$10.6 billion this year, a CAGR of over 41%. Companies are always looking for innovative ways to improve productivity, and wearables are well placed to do so. Providing workers hands-free access to information and communication is helping to drive growth in the market. However, this rise in popularity of wearables will bring increased data security concerns and enterprise mobility management (EMM) solutions must be put in place when deploying wearables across a company to ensure that all data is kept secure.

ABI Research forecasts enterprise wearable device revenue, such as smartwatches, smart glasses, and wearable scanners, will top US$55 billion in 2022, increasing from US$10.5 billion in 2017. Driving this CAGR, which surpasses 39%, are the needs to improve productivity, reduce errors, and save time training both new and seasoned workers. The implementation of strong supporting platforms is now essential to ensure proper employee access, storage, and security of all wearable device data.

At this week’s Enterprise Wearable Technology Summit (EWTS) in San Diego, California, Intel announced updates to its Recon Jet Pro smart glasses.