Global Industrial Wearable Devices Market to Reach USD 5 Billion by the End of 2019
Technavios market research analyst predicts the global industrial wearable devices market to reach a market value of around USD 5 billion by the end of 2019. The increase in employee welfare programs in companies is driving the growth of this market. Companies use wearables to track employees' health. The activity data gathered from wearables like Fitbit wristbands is then tied into health insurance policy premiums or other incentive programs to reduce the companys healthcare costs. For instance, during 2015 more...
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