Press release
Connected Worker Market Size Worth $24.32 Billion By 2029 | CAGR: 24.2%
Increasing industrial automation, innovation of high-end technologies coupled with the introduction of industry 4.0 has led industries to adopt advanced devices to work remotely, which has increased the industry demand. Furthermore, the rising need for workforces safety in hazardous workplaces, along with the increasing implementation of IoT in end-use industries, is expected to create massive growth opportunities for the industry growth.
Moreover, the outbreak of the COVID-19 pandemic has led to the adoption of novel tools for remote working and connecting, which has benefited the connected worker's marker during 2020-2021 and is expected to do so over the forecast period.
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North America is expected to dominate the industry over the forecast period due to the presence of major market players along with the extensive adoption of smart technologies by end-users of this region.
Top Key Players
Some of the major players operating in the global market include Avnet, Inc., 3M Company, Fujitsu Ltd., Oracle Corp., Honeywell International Inc., Tata Consultancy Services, Smart Track S.R.L, TELUS, Wearable Technology Limited, Vandrico Solutions Inc, and Zebra Technologies.
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Polaris Market Research has segmented the connected worker market report on the basis of component, technology, deployment, end-use, and region:
Connected Worker, Component Outlook (Revenue, USD Million, 2017 - 2029)
• Hardware
• Smart Glasses/Eyewear
• Smart Headgear
• Hearing Protection Devices
• Protective Textiles
• Mobile Devices
• Others
• Software
• Workforce Task Management
• Workforce Analytics
• Mobile Learning
• Services
• Consulting
• Training & Implementation
Connected Worker, Technology Outlook (Revenue, USD Million, 2017 - 2029)
• RFID Location Triangulation
• Wi-Fi
• Cellular
• Bluetooth
• Low-Power Wide-Area Network (LPWAN)
• Wireless Field Area Network (WFAN)
• Zigbee
Connected Worker, Deployment Outlook (Revenue, USD Million, 2017 - 2029)
• On-premise
• Cloud
Connected Worker, End-use Outlook (Revenue, USD Million, 2017 - 2029)
• Manufacturing
• Construction
• Mining
• Oil & Gas
• Others
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