North America Industrial Wearable Devices Industry Report 2023: Market to Surpass $7.5 Billion by 2028 – Market Fuels Field Management and Data Monitoring

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

The North America industrial wearable devices market is currently experiencing growth driven by several factors. These devices are increasingly being adopted in high-risk environments, such as oil and gas recovery, mining operations, and construction sites, to enhance safety and performance.

Industrial wearable devices serve as essential tools for enhancing workplace safety, productivity, and efficiency across various industries, including military and defense, healthcare, retail, and manufacturing.

These devices are equipped with Internet of Things (IoT) capabilities, enabling wireless data transmission, real-time feedback, and automatic health alerts. They can also collect, store, interpret, and exchange data with other compatible devices on the network.

Furthermore, continuous technological innovations in industrial wearables, including bio-sensing capabilities, allow for the tracking of employees’ health conditions, such as blood oxygen levels, body temperature, and heart rate. These devices also find applications in field management, real-time data monitoring, corporate wellness programs, mobile workforce management, and authentication processes.

Source : Yahoo