Connected Worker Market Share, Size, Trends, Industry Analysis Report, By Component; By Technology; By Deployment; By End-Use (Manufacturing, Construction, Mining, Oil & Gas, Others); By Region; Segment Forecast, 2023 - 2032
The global connected worker market size is expected to reach USD 39,934.69 million by 2032, according to a new study by Polaris Market Research. The report “Connected Worker Market Share, Size, Trends, Industry Analysis Report, By Component; By Technology; By Deployment; By End-Use (Manufacturing, Construction, Mining, Oil & Gas, Others); By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market is growing at the fastest rate due to It constantly learns through machine learning algorithms, improving and refining the advice given over time. Enterprises can now closely monitor workforce safety and support field workers to diagnose and repair faulty equipment in real-time. Connected workers use wearable technology, sensors, analytics, asset tracking, and field-testing mobile devices in industrial and field environments.
The safety of workers in industrial sites such as manufacturing plants, refineries, mining operations, and power generation facilities can be enhanced through a connected worker ecosystem. This ecosystem involves intelligent sensors, safety vests, and specialized wearables connected to a centralized monitoring and control center via smart devices or wearables. The components of the connected worker ecosystem include the device controller, gateway controller, central system, location manager, analytics engine, and human-machine interaction.
By utilizing the functionalities offered by the connected worker ecosystem, such as work assignments, work execution, performance analysis, and safety monitoring, workers can operate more safely and with greater intelligence. The ecosystem also provides enhanced decision support to those monitoring and controlling the system. The connected worker ecosystem is a valuable tool that can improve workplace safety, offer insightful data analysis, and provide decision-making support.
Various technologies to enhance worker safety, productivity, and efficiency characterize the market. Wearables and IoT devices are popular for tracking worker location, monitoring vital signs, and providing real-time feedback. Augmented reality and virtual reality are used for safety training and real-time guidance. Predictive analytics and machine learning analyze data to identify safety risks and optimize workflows. Cloud-based solutions provide real-time data access and collaboration across devices and locations, while integration with other systems offers a comprehensive picture of worker performance. The market increasingly focuses on improving worker experience through user-friendly interfaces, personalized experiences, and support for multiple languages and devices.
Connected Worker Market Report Highlights
Hardware segment is expected to dominate the market during projected period due to the hardware segment is drives the growth with various factors such as productivity benefits, COVID-19 risk mitigation schemes, real-time risk management and others.
RFID location triangulation segment held a significant revenue share, which is mainly it plays a vital role in technology which allows tracking of workers in real-time and objects and in where safety hazard risk is high.
Cloud segment dominated the market in 2022, and will continue its dominance during the forecast period. Due to cloud data can be access from any location on any device which have internet connection, also it gives security to store data at cloud platform.
Oil & gas segment is expected to hold highest CAGR during projected period. Due to the oil and gas industry is known for its intricate and risky processes. To simplify operations within this sector, connected worker technology is being rapidly implemented.
North America dominated the market in 2022. Due to North America is a major consumer of connected worker solutions due to the presence of solution providers, tech acceptance by workers, and end-user willingness to adopt new hardware and software.
Some of the key players operating in the global market include 3M Company, Accenture, Avnet, Inc., Fujitsu Ltd., Honeywell International Inc., Oracle Corp., Smart Track S.R.L, Tata Consultancy Services, TELUS, Vandrico Solutions Inc, Wearable Technology Limited, and Zebra Technologies.
Polaris Market Research has segmented the Connected Worker market report based on component, technology, deployment, end-use, and region:
Connected Worker, Component Outlook (Revenue - USD Million, 2018 - 2032)
Hardware
Smart Glasses/Eyewear
Smart Headgear
Hearing Protection Devices
Protective Textiles
Mobile Devices
Others
Software
Workforce Task Management
Workforce Analytics
Mobile Learning
Services
Consulting
Training & Implementation
Connected Worker, Technology Outlook (Revenue - USD Million, 2018 - 2032)
RFID Location Triangulation
Wi-Fi
Cellular
Bluetooth
Low-Power Wide-Area Network (LPWAN)
Wireless Field Area Network (WFAN)
Zigbee
Connected Worker, Deployment Outlook (Revenue - USD Million, 2018 - 2032)
On-premise
Cloud
Connected Worker, End-Use Outlook (Revenue - USD Million, 2018 - 2032)
Manufacturing
Construction
Mining
Oil & Gas
Others
Connected Worker, Regional Outlook (Revenue - USD Million, 2018 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa