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Wearable Tech in Oil & Gas - Thematic Research

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Table of Contents

    PLAYERS 4

      TECHNOLOGY BRIEFING 5

        TRENDS 7

          Technology trends 7

            Macroeconomic trends 11

              Regulatory trends 13

                INDUSTRY ANALYSIS 14

                  Market size and growth forecasts 14

                    Competitive analysis 16

                      Mergers and acquisitions 17

                        Timeline 18

                          Use cases 19

                            VALUE CHAIN 21

                              App layer 21

                                Apps 21

                                  Platforms 22

                                    Data layer 22

                                      Connectivity layer 22

                                        Device layer 23

                                          Smartwatches 23

                                            Smart glasses 23

                                              Fitness trackers 24

                                                Smart clothes 25

                                                  Hearables 25

                                                    COMPANIES 26

                                                      CONSUMER ELECTRONICS SECTOR SCORECARD 29

                                                        Who’s who 29

                                                          Thematic screen 30

                                                            Valuation screen 31

                                                              Risk Screen 32

                                                                GLOSSARY 33

                                                                  APPENDIX: OUR THEMATIC RESEARCH METHODOLOGY 36

                                                                  Wearable Tech in Oil & Gas - Thematic Research

                                                                  Summary

                                                                  Wearable tech is still in its infancy in the industrial space, and much of the developments today are largely catering to the demand of the consumer markets. However, oil and gas companies have started evaluating the possibilities of deploying wearable devices in day-to-day operations. Initial research is focused on enabling real-time monitoring of field technicians to ensure safety and in providing them with audiovisual assistance in performing asset maintenance. The eventual goal is to adopt lightweight, yet rugged wearable devices to improve safety and efficiency in oilfield operations.

                                                                  The major area of interest is the ability of wearable tech to free up the wearer's hands, enabling him to perform tasks without any hindrance. Moreover, wearable devices can augment natural human capabilities, such as enhanced vision or smell (gas detection), thereby adding productivity and safety in oil field operations. These aspects of wearable tech are encouraging oil and gas companies to adopt helmets, smart glasses, wristbands, and other devices that incorporate technologies like wireless connectivity, artificial intelligence (AI) and augmented reality (AR).

                                                                  Scope

                                                                  - Overview of the emergence of wearable tech as a theme in the oil and gas industry and its impact on operations.
                                                                  - Detailed analysis of the emerging use cases for wearable tech across the oil and gas value chain.
                                                                  - A brief overview of the major application areas for wearable tech in the oil and gas industry.
                                                                  - Analysis of the wearable tech industry along with its use cases across different industry verticals.

                                                                  Reasons to buy

                                                                  - Understand the importance of adopting wearable technology in oil and gas operations.
                                                                  - A review of some of the case studies highlighting the growing capabilities of wearable in addressing business challenges across the oil and gas value chain.
                                                                  - Identify and benchmark key oil and gas companies and technology providers based on their exposure to wearable theme.

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