AI is Redefining the Landscape of the Internet of Things Enabled Industrial Wearables Market

The global internet of things enabled industrial wearables market size is estimated to grow by USD 20563.1 mn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 57.2%  during the forecast period. Rise in digitalization and automation within industries is driving market growth, with a trend towards rising focus on increasing battery life.

In the IoT enabled industrial wearables market, battery life has emerged as a significant challenge. The integration of heavy equipment in wearables reduces battery quality due to the considerable space batteries occupy. This issue is particularly pressing in industries that collect large amounts of data and require extended operating periods. To address this concern, vendors are focusing on low-power consumption technologies like Bluetooth 5.0 and innovative system-level and circuit-level designs to minimize power consumption. Additionally, some vendors are developing battery-free IoT wearables, such as those using flexible, printable batteries. For instance, researchers at the University of Manchester have created textile-based batteries using a simple screen-printing technique. Advancements in power harvesting technologies are also helping to resolve battery limitations in resource-intensive sectors like mining and petroleum. These benefits are driving the adoption of IoT wearables across manufacturing industries, contributing to revenue growth in the global market.

The Industrial Wearables market is witnessing significant growth due to the integration of Internet of Things (IoT) technology. Key trends include battery life and power harvesting for extended usage, network connectivity for real-time data transfer, and high cost due to advanced sensors and technology. Staff shortages drive the need for these solutions, especially in industries like Healthcare, Construction, and Manufacturing, which are embracing Industry 4.0 and Predictive maintenance solutions. Wearables like smart glasses, helmets, and biometric sensors, including RFID tags, are transforming logistics and automation. Technology firms, wearable device manufacturers, and industrial solution providers collaborate to develop wireless communication protocols and cloud computing infrastructure for performance optimization. Biometric feedback devices, body-worn sensors, and smart eyewear are revolutionizing industries, with hand-worn wearables and portable wearables also gaining popularity. The Energy Industry is also adopting these technologies for monitoring and optimization. Cases and frames, connectivity components, touchpads and sensors, cameras, and Bluetooth 5 are essential components of these advanced wearables.