Global Connected Worker Platform Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Connected Worker Platform Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Connected worker platforms help industrial companies plan, schedule, and monitor complex manufacturing and supply chain operations across multiple locations and teams. This type of software enables companies to correctly plan and assign work orders and fosters collaboration and information sharing between employees. Connected worker platforms are used by production supervisors and inventory managers to schedule and assign work orders and by employees to execute the work assigned to them.

Market Overview:

The latest research study on the global Connected Worker Platform market finds that the global Connected Worker Platform market reached a value of USD 4641.1 million in 2022. It’s expected that the market will achieve USD 11421.62 million by 2028, exhibiting a CAGR of 16.19% during the forecast period.

As all parts of the world enter a critical period for the prevention and control of the COVID-19 epidemic, quarantining personnel and working from home are still the best measures. How to restore the production operations of enterprises and public institutions to the greatest extent while reducing the flow of people and reduce the negative impact of the epidemic on business activities and industrial economy has become an urgent issue that needs attention.

The interconnected worker platform has the advantages of information aggregation, online operations, remote collaboration, and remote services. In the face of the severe situation of the epidemic and the urgent need for enterprises to resume work, connected worker platform companies are accelerating the development of industrial enterprises to help enterprises achieve efficient, convenient, online, and collaborative working models and reduce the impact of the epidemic.

The epidemic has caused manufacturing companies to suspend production and work, and the survival challenges for companies continue to increase. When the pause button is pressed for large-scale personnel flow, companies need to make full use of this precious time to train employees in vocational skills. On the other hand, in the process of resuming work and production, taking into account the needs of epidemic prevention and control, remote operation and maintenance of key production equipment can also be carried out under limited personnel, and production capacity can be restored from the local start.

This requires manufacturing companies to have sufficient digital capabilities to remotely carry out production construction and capacity recovery. Digital transformation is not only essential to take advantage of new growth opportunities for scale expansion, but also to determine the future of certain companies and industries. As companies respond to the challenge of COVID-19, implementing interconnected worker technology and creating a data-driven work environment may soon become increasingly important.

Region Overview:

North America was the largest revenue market with a market share of 44.82% in 2015 and 43.26% in 2019, a decrease of 1.56%. In 2019, the Europe market share was 29.86%, ranking second. In addition, the Asia-Pacific and South America Connected Worker Platform market is expected to be the growing market.

Company Overview

The top three companies are Honeywell International, IBM and Intel with the revenue market share of 9.18%, 6.90% and 6.70% in 2019.

Segmentation Overview:

By type, Cloud segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Power & Utilities segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Connected Worker Platform market covered in Chapter 3:

Accenture
Wipro
Avnet
Vandrico Solutions
Deloitte
Intellinium
SAP
Honeywell International
Hexagon PPM
Zebra Technologies
Intel
3M
Solution Analysts
Fujitsu
Wearable Technologies Limited
IBM
Oracle
hIOTron

In Chapter 4 and Chapter 14.2, on the basis of types, the Connected Worker Platform market from 2018 to 2029 is primarily split into:

Cloud
On-premise
Hybrid Network

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Connected Worker Platform market from 2018 to 2029 covers:

Oil and Gas
Manufacturing
Construction
Mining
Power and Utilities
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)