Human Augmentation Market, By Tech (Augmented Reality, Virtual Reality, Exoskeleton, Intelligent Virtual Assistants), By Type (Body Worn, Non-body Worn) opportunities and forecast 2020-2026. Major factors propelling the growth of market include surge in technology penetration in the healthcare, strong and safe military personnel, advent of AI in wearable devices, and rising popularity of the wearable augmentation products.
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Segment Overview
Virtual reality (VR) gesture-controlled and eye tracking technologies are generally used to control In-Flight Entertainment and Connectivity system without use of remote controls which are highly utilized in aerospace and defence field. The combination of the eye tracking and the hand gesture technologies allows passengers to engage with the in-flight entertainment in natural way, thus increasing its significance in the application area.
Regional Overview
The North America market is set to witness high growth in the industrial wearable devices owing to various advantages. These include convenience, portability, and efficiency. The devices will witness a growing demand in North America as help improve the workplace safety, productivity, and efficiency in various sectors such as logistics, manufacturing, and mining.
Enterprise wearable’s can also allow experienced and expert employee to mentor the employees who are in field. This kind of remote partnership between in-house experts and the field workers is rising the importance of wearable in the region. With increase in work related accidents, there is growing need for healthy and safe work environment. Wearable are helping to change the industrial sector by decreasing improving efficiency, error rate, and safety of workers.
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Competitor overview
Google Inc., determined to tap augmented reality (AR) headset space that is currently in budding stage. For instance, in May 2019, Glass Enterprise Edition 2 was introduced to target industrial and enterprise applications. Glass Enterprise Edition 2 has powerful processor and new artificial-intelligence engine, and also offers long battery life and fast charging.
Key Players
- Google Inc.
- Samsung Electronics Co. Ltd.
- Ekso Bionics Holdings Inc.
- Vuzix Corporation
- Garmin
- Fossil Group Inc.
- B-Temia Inc.
- Casio
- Magic Leap Inc.
- Rewalk Robotics Inc.
- Polar Electro
- P&S Mechanics.
- Jawbone Inc.
- Life Sense Group B.V
- Atoun
- Mobvoi
- Rex Bionics
- Goqii
- Guangdong BBK Electronics Co. Ltd.
- Atheer, Inc,
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