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This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading internet of things (IoT) enabled industrial wearables market vendors that include:Īlso, the internet of things (IoT) enabled industrial wearables market analysis report includes information on upcoming trends and challenges that will influence market growth. This industry is projected to be worth 5B by 2019, with the general wearable technology. The study identifies the emergence of Industry 4.0 as one of the prime reasons driving the internet of things (IoT) enabled industrial wearables market growth during the next few years. As a result, new lower-cost entrants force Fitbit to adjust their pricing structure to remain competitive. In addition, rise in digitization and automation within industries is anticipated to boost the growth of the market as well. This market is driven by the rise in digitization and automation within industries and growing adoption of smart sensors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. This report provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. Rapidly evolving technology is another entry barrier as for a new entrant it is very difficult to. Huge capital requirement for a firm to enter in this segment. The potential new entrant in the electronics market is Low due to following reasons. The global internet of things (IoT) enabled industrial wearables market is poised to grow by $2.29 billion during 2020-2024, progressing at a CAGR of 14% during the forecast period. Porter’s five forces for electronics industry in India. DUBLIN-( BUSINESS WIRE)-The "Global Internet of Things (IoT) Enabled Industrial Wearables Market 2020-2024" report has been added to 's offering. The global internet of things (IoT) enabled industrial wearables market is poised to grow by 2.29 billion during 2020-2024, progressing at a CAGR of 14 during the forecast period.