Frost Radar™: Augmented Connected Worker Platforms, 2024

Frost Radar™: Augmented Connected Worker Platforms, 2024

A Benchmarking System to Spark Companies to Action - Innovation That Fuels New Deal Flow and Growth Pipelines

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar. The publication presents competitive profiles of each company on the Frost Radar considering their strengths and the opportunities that best fit those strengths.

The Frost Radar on augmented connected worker (ACW) platforms is a comprehensive benchmark analysis derived from Frost & Sullivan’s Global ACW Growth Opportunities study published in 2024. This Frost Radar analyzes the top 15 companies in the ACW market for 2024 in terms of their growth potential and ability to innovate and disrupt the market.

Total spending in the ACW market amounted to $956 million in 2023. Frost & Sullivan expects the market to reach $6.4 billion, with a CAGR of 31.1% between 2024 and 2030. Labor shortages, increasing complexity of manufacturing jobs, and unaddressed productivity issues on the shop floor are some of the main factors driving growth for the ACW. The market is highly fragmented, with numerous small and medium-sized vendors from different backgrounds (such as learning and skills management, safety and risk management, augmented reality, and field services). As these industries converge, leading vendors in the market are adopting a generalist approach to the ACW, providing the entire breadth of functionality that was previously offered as distinct point solutions into a single system.

Some commonalities between the software systems that this Frost Radar analyzes include cloud-based deployments, a large quantity of pre-built connectors to common systems, no-code (NC) and low-code (LC) environments for creating apps and digital procedures, and some AI-powered features like copilots, predictive analysis, and automatic step-checks.

The analysis provides a detailed profile for each of the featured companies describing the reason behind the score that they obtained in each criterion as well as recommendations for growth based on that analysis—their Frost Perspectives.