Global IoT Workers Market Overview:
IoT workers becomes popular and increasing the adoption of IoT workers in various industries. IoT devices allow workers to monitor all industrial processes without ever coming close to dangerous equipment. IoT devices can then raise alerts and warn managers about suspicious activity. The use of motion sensors, for example, tracks every step workers do when handling equipment, and also employees will be able to manage their work in other places using portable devices and cloud-hosted software.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Integration with Advanced Technologies
Market Growth Drivers:
Extensive government support in encouraging digitalization across the industrial sector
Challenges:
Fierce Competitive Pressure
Restraints:
Lack of technically skilled employees
Opportunities:
High investments and demand for customized IIoT solutions by the industries
Competitive Landscape:
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Intel (United States), Accenture (Ireland), Deloitte (United States), Oracle (United States), Wipro (India), Iot Workers (United States), Fujitsu (Japan), Zebra Technologies (United States), SAP (Germany), Vandrico Solutions (Canada), Avnet (United States) and Hexagon PPM (United States). Additionally, following companies can also be profiled that are part of our coverage like IBM (United States), Wearable Technologies Limited (United Kingdom) and Intellinium (French). Considering Market by Technology, the sub-segment i.e. RFID Location Triangulation will boost the IoT Workers market.
Latest Market Insights:
In March 2022, Intel Corporation acquired Granulate Cloud Solutions Ltd, an Israel-based developer of real-time continuous optimization software. This acquisition aimed to help cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs.
In May 2020, Accenture acquired Callisto Integration, a Canada-based firm that specializes in providing manufacturing systems integration and industrial automation services. This acquisition strengthens company's ability to assist clients in North America in achieving timely order production, increased yield, and improved product quality.
What Can be Explored with the IoT Workers Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global IoT Workers Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in IoT Workers
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global IoT Workers market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in IoT Workers market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Iot Workers Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.