Potential Impact of COVID-19 on Connected Worker Market

Connected Worker Market: Summary

The benefits of the emergence of a digital era are visible through many aspects across the globe. Today, every individual and business is digitally connected through one or the other way. While every business and sector is proceeding toward digital connectivity, the manufacturing sector was lagging in some aspects.

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Every worker at the manufacturing plant was earlier chalking all the data of the day-to-day activities manually. With the advent of connected worker technology, the manufacturing sector has transcended into an era of connectivity, thus reducing human errors and enhancing digitalization in operations smoothly. This allows the manufacturers to prevent gridlocks and escalate efficiency.

A connected worker solution is a software or platform which allows the manufacturers to derive real-time visibility in their processes by digitization and augmented operator workflow. The transcendence toward these platforms on a large scale may assist the global connected worker market to gain great growth across the assessment period of 2020-2030.

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Connected Worker Market: Competitive Analysis
Although the connected worker market is in its nascent stages, it is highly fragmented with a diverse range of players from small startups to large tech-giants. This factor makes the competition interesting. As many manufacturing companies gear up for transforming their factory into the ‘Factory of the Future’, the players in the connected worker market strive hard to design platforms that help the factories to connect seamlessly without any barriers or bugs.

To create awareness among the manufacturers of various sectors, the players design advertising strategies and display their platforms at various exhibitions and tech-meets. This factor helps in the magnified generation of revenue. The players are also involved in activities like mergers, acquisitions, partnerships, collaborations, and joint ventures for expanding their dominance.

Some well-established players in the connected worker market are Vandrico Solutions Inc., Honeywell International Inc., Intel Corporation, SAP SE, Oracle Corporation, and Avnet Inc.

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This release was published on openPR.