ABI Research’s enterprise wearable devices market report says revenue from enterprise wearable devices such as smartwatches, smart glasses, and wearable scanners, will reach $60 billion in 2022 from $10.6 billion this year, a CAGR of over 41 percent.
Companies are making investment in enterprise wearable devices to improve productivity. Hands-free access to information and communication to workers is helping to drive growth in the global wearables market.
The increase in popularity of wearables will bring increased data security concerns and enterprise mobility management (EMM) solutions must be put in place when deploying wearables across a company to ensure that all data is kept secure.
“EMM solutions provide several layers of security to the devices, applications, and data to ensure that if the device is lost, stolen, or hacked, sensitive company and customer information is not put at risk,” said Stephanie Lawrence, research analyst at ABI Research.
The chart prepared by IDC indicates on the growth of wearable market.
CIOs to should make a number of considerations when investigating an EMM solution for wearable devices, as they often lack their own authentication protocols. IT organization must educate employees on security risks.
If a company already has an EMM platform for employees’ smartphones, it must also ensure that the platform can support potentially twice as many devices when wearables are deployed.
Companies such as 42Gears, Augmate, Hipaax, SOTI, and VMware offer secure EMM platforms to enterprises looking to deploy wearable devices. These platforms help to keep all wearables-accessed data secure using authentication protocols, encryption, and remote control of the devices.