Global Lone Worker Safety Solutions Market 2024-2028
The lone worker safety solutions market is forecasted to grow by USD 176.32 mn during 2023-2028, accelerating at a CAGR of 8.97% during the forecast period. The report on the lone worker safety solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high possibility of lone work hazards, strict implementation of workplace safety standards, and growth of lone worker safety solutions among end-user industries.
Technavio's lone worker safety solutions market is segmented as below:
By Type
- Devices
- Software platforms
By End-user
- Construction
- Industrial sites
- Oil and gas
- Mining
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
This study identifies the increasing M and A and collaboration activities among vendors as one of the prime reasons driving the lone worker safety solutions market growth during the next few years. Also, growing focus on lone worker safety smartphone applications and increasing deployment of real-time locating systems for lone worker safety solutions will lead to sizable demand in the market.
The report on the lone worker safety solutions market covers the following areas:
- Lone worker safety solutions market sizing
- Lone worker safety solutions market forecast
- Lone worker safety solutions market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lone worker safety solutions market vendors that include AddSecure Group, Alert Media Inc., AlertGPS, Aware360, BLACKRIDGE Solutions Inc., CYBRA Corp., EcoOnline AS, F24 AG, Fleetclear, Lone Worker Safety Solutions Inc., Peoplesafe, Pick Protection Ltd., Safepoint, SafetyCulture, Scatterling Services Ltd., Status Solutions LLC, SuiviDeFlotte, Totalmobile, Honeywell International Inc., Roadpost, Telelink, Wipelot Technology, and Magneta. Also, the lone worker safety solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.