(EMAILWIRE.COM, December 07, 2018 ) The Global Connected Worker market is estimated to grow at a CAGR of 20.5% from 2018 to 2026 according to a new report published by Polaris Market Research. The new report Connected Worker Market [By Component (Hardware, Software, Services); By Technology (RFID Location Triangulation, Wi-Fi, Cellular, Bluetooth, Low-Power Wide-Area Network (Lpwan), Wireless Field Area Network (Wfan), Zigbee); By Deployment (On-Premise, Cloud-Based) By End-User (Manufacturing, Construction, Mining, Oil and Gas, Others), By Regions]: Market Size & Forecast, 2018 2026 indicates that the global Connected Worker market generated $1.7 billion in 2017.
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A connected worker uses digital and IoT technologies to maximize accuracy and efficiency, eliminate manual processes and ensure regulatory compliance, while minimizing safety costs and preventing incidents. The connected worker ecosystem comprises a variety of sensors integrated into wearables such as helmets, watches, and eyewear, gateways and access points, a platform layer that consists of device management and data analytics capabilities among others. The connected worker ecosystem offers improved efficiency and productivity, increased proactive visibility into workforce operations, faster response times, and reduced safety incidents and accidents.
The growing need to improve workforce productivity, streamline operations, and provide a collaborative working environment has boosted the connected worker market growth. The penetration of mobile devices, and increasing trend of BYOD further support the growth of the connected worker market. Additionally, the growing need to achieve higher efficiency, and productivity in manufacturing factories has supported the connected worker market growth over the years. Increasing investments by vendors in technological advancements coupled with growing adoption of cloud-based and IoT technologies would accelerate the connected worker market growth during the forecast period. Growing demand from emerging economies, and technological advancements is expected to provide numerous growth opportunities in the coming years.
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The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Connected Worker Market, 2018-2026. This Connected Worker market report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, Netherlands, UK, France, Italy, Belgium and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, Malaysia, Indonesia, Australia and Rest of Asia-Pacific. Latin America is further segmented into Brazil, Mexico, and Argentina and MEA is divided into UAE, Saudi Arabia, Turkey, South Africa and Rest of MEA.
North America generated the highest revenue in 2017. The presence of established telecom and cloud infrastructure in this region, and growing trend of BYOD and IoT drive the connected worker market growth in the region. The growing demand of mobile devices, and technological advancements further support connected worker industry growth in the region.
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Competitive Landscape and Key Vendors
The global Connected Worker market is characterized by the presence of well-diversified international and small and medium-sized vendors. Leading companies are acquiring other companies, and enhancing their product offerings to improve their Connected Worker market share. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The leading companies profiled in the report include 3M Company, Intel, Accenture, Honeywell International Inc., Fujitsu Ltd., Zebra Technologies, Wipro, Oracle Corporation, Wearable Technologies Limited, Avnet, Inc., Vandrico Solutions Inc., and Smart Track S.R.L.
Key Segments
Component
Hardware
o Smart Glasses / Eyewear
o Smart Headgear
o Hearing Protection Devices
o Protective Textiles
o Other Safety Equipment
Software
o Workforce Task Management
o Workforce Analytics
o Mobile Learning
Services
o Consulting
o Training & Implementation
Technology
RFID Location Triangulation
Wi-Fi
Cellular
Bluetooth
Low-Power Wide-Area Network (Lpwan)
Wireless Field Area Network (Wfan)
Zigbee
Deployment
On-Premise
Cloud-Based
End-User
Manufacturing
Construction
Mining
Oil and Gas
Others
Region
North America
o U.S.
o Canada
Europe
o Germany
o Netherlands
o UK
o France
o Italy
o Belgium
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o Malaysia
o Indonesia
o Australia
o Rest of Asia-Pacific
Latin America
o Brazil
o Mexico
o Argentina
o Rest of Latin America
Middle East and Africa
o UAE
o Saudi Arabia
o Turkey
o South Africa
o Rest of MEA
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
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