Compass Intelligence forecasts wearables in the enterprise to grow exponentially

compass intelligence

Early adoption from verticals such as industrial, field services, oil & gas and healthcare/ medical to drive growth for enterprise wearable devices

Compass Intelligence announced the release of two new reports that cover the emerging enterprise wearables market. Reports include Enterprise Wearables Market: 2Q 2015 Survey Results & Analysis and US Enterprise Wearables Market: 5-Year Forecast, 2014-2019.

Wearable devices are proving to be the defining technology of 2015. The initial trickle of niche devices has turned into a steady stream with a tidal wave expected over the next five years. Growth for wearables in the enterprise will be driven by early adoption from verticals such as industrial, field services, oil & gas and healthcare. In addition, as employers focus more on employee health & wellness, Compass Intelligence anticipates an increase in fitness or wellness-based wearable devices to be adopted to incorporate into existing corporate wellness programs.

The survey report contains the results of a survey on wearable devices conducted online in June 2015 using the Compass Intelligence Thought Leaders Research panel. This presentation report shares insights on who the device and software developers are in the market, what are the benefits of wearables in the enterprise, and what are the major trends driving growth in enterprise wearables. Read this report to understand why wearables are taking off and what it means for businesses (SMB & Enterprises), including:

  • The value of wearables to employees and customers
  • How wearables create new work scenarios
  • Predications and considerations for implementation
  • 5-year U.S. enterprise wearables market forecast.

Key Findings

  • Of 610 surveyed, only 14% say they currently own or use smart glasses, while 26% say they have a watch or wristband (fitness bands)
  • Smart watches show the strongest interest with 45% saying they are likely to purchase within the next 12 months
  • Of the various form factors, 32% believe smart watches will be the most beneficial for work purposes, followed by fitness trackers and smart glasses
  • Hands-free appears to be a driver with 41% saying the ability to access information, perform google searches, and initiates applications hands-free would be useful for daily work activities
  • Most useful features for work include voice automation (48%) and hands free automation (45%)



Aeris Intelligent IoT network provides System Loco with reliable connectivity for worldwide track and trace of sustainable IoT-enabled smart pallets

Posted on: July 5, 2022

Aeris, the global Internet of Things (IoT) solutions provider, announced that System Loco, a global provider of supply chain and asset tracking solutions, has selected the Aeris Intelligent IoT Network to provide next generation connectivity to support and manage the worldwide track and trace of smart pallets employed by System Loco’s customers throughout the world.

Read more

Removing IT bottlenecks: The key’s simplicit

Posted on: July 5, 2022

A report by Mulesoft found that the IT teams of just 37% of organisations completed all of their assigned projects last year. Digitalisation can gather valuable data insights and optimise processes, but progress is often held back by the large IT workload such projects create. Here, Johan Jonzon, CMO and co-founder in edge analytics for

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more
IoT Newsletter

Join the IoT Now online community for FREE, to receive: Exclusive offers for entry to all the IoT events that matter, round the world

Free access to a huge selection of the latest IoT analyst reports and industry whitepapers

The latest IoT news, as it breaks, to your inbox