What is Connected Worker?
A connected worker is any person who is working with digital technologies. Tools for connected workers are designed to evolve the innovative way industrial working. This tools precisely used to improve communication and control in highly complex, highly variable industrial contexts. This smart solutions utilizes combinations of smart wearable devices, smartphones, and tablets. This combinations offers effective way to visualize, consume and communicate actionable information. Thus, owing to increasing awareness regarding workplace safety & security concern, the demand for connected worker solutions has been raised over forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | 3M Company (United States), Honeywell International Inc. (United States), Fujitsu Ltd. (Japan), Zebra Technologies (United States), Accenture (Ireland), Wearable Technologies Limited (India), Avnet, Inc. (United States), Vandrico Solutions Inc. (United States), Smart Track S.R.L (Italy), Wipro (India), Oracle Corporation (United States) and General Electric Company (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Hardware {Smart Wearable, Protection Devices, Mobile Devices, Others}, Software {Task Management, Workforce Analytics, Others} and Service {Consulting, Training & Implementation}) , by application (Operators, Field Workers, Engineers, Executives and Others) and major geographies.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Connected Worker market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are 3M Company (United States), Honeywell International Inc. (United States), Fujitsu Ltd. (Japan), Zebra Technologies (United States), Accenture (Ireland), Wearable Technologies Limited (India), Avnet, Inc. (United States), Vandrico Solutions Inc. (United States), Smart Track S.R.L (Italy), Wipro (India), Oracle Corporation (United States) and General Electric Company (United States).
The market of solutions for Connected Workers is expected to grow with rising demand from number of end use industries. Numerous companies are operating in the market to provide solutions for Connected Workers at various workplaces and locations. The market is highly fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio. In addition, market profitability is attracting new entrant which is turn impacted on competitive rivalry.
Influencing Trend:
Augmenting Demand Smart Hardware Devices is expected to gain Highest Market Share
Market Growth Drivers:
Rising Expenditure & Infrastructure of End Use Industries and Growing Adoptions for Smart Devices at Workplaces for Safety Purpose
Challenges:
Slowing Down in Industrial Manufacturing during Pandemic
Restraints:
Less Awareness regarding Smarter Solutions in Emerging Countries
Opportunities:
Rising Demand for Connected Workers at Metal, Mining & Oil & Gas Industry to maintain Workplace Security & Well Being
Key highlights of the Global Connected Worker market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Connected Worker market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Connected Worker market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Connected Worker Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Connected Worker market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Connected Worker market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using 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 Connected Workers Providers, Raw Material Suppliers, Regulatory Authorities, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry.
This helps us to gather the data for the 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 include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.