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【English Market Research Report】Wearable Market for Enterprises

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The global wearable market for enterprises reached 4.6 billion USD in 2022. The IMARC Group forecasts a growth rate of 40.1% (CAGR) from 2023 to 2028, predicting it will reach 40.3 billion USD by 2028. Currently, ensuring employee safety remains a top priority to prevent injuries, illnesses, and fatalities in the workplace. As a result, the use of wearable devices is increasing across the telecommunications, infotainment, healthcare, information technology (IT), automotive, and transportation sectors worldwide. Wearable devices provide employers with real-time insights that help improve employee productivity and performance. They can also track information related to employee health and fitness as part of wellness programs.

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