Dublin, Jan. 30, 2024 (GLOBE NEWSWIRE) -- The "Global Connected Worker Market by Component (Hardware, Services, Software), Technology (Bluetooth, Cellular, Low-Power Wide-Area Network), Deployment, End User - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The global Connected Worker Market is experiencing significant growth, with a forecast to rise at a CAGR of 19.15%, leading to an impressive market size of USD 24.81 billion by the year 2030, according to a newly added research publication on our website. This surge is attributed to the integration of advanced technologies like IoT, AI, and machine learning which are enhancing worker productivity and safety across various industries.
Insights into Market Components and Technological Innovations
The report highlights that the Connected Worker Market encompasses industry-shaping components such as hardware, services, and software. Hardware components, including protective textiles and smart headgear, are essential for worker safety and efficiency. The services section encompasses consultation, training, and implementation crucial for seamless technology integration. In terms of software, the market sees rapid advancement in mobile learning and workforce analytics aimed at task management and optimization.
Game-Changing Regional Market Developments
The Americas region is witnessing considerable growth in this market due to substantial investments in IoT and a critical need for advanced remote monitoring and collaboration tools in key industries. In Europe, fueled by programs like Horizon 2020, and in the MEA region, with countries like Saudi Arabia and the UAE advancing through their respective visions and strategies, the market outlook remains positive. The Asia-Pacific market is propelled by a strong manufacturing base and rising IoT investments that are leading to heightened demand for connected worker solutions.
Crucial Market Evaluation Tools and Analysis
The FPNV Positioning Matrix and Market Share Analysis tools provide a deep dive into the Connected Worker Market's vendor landscape. These analyses assist stakeholders in making informed decisions by evaluating vendors' business strategies, product satisfaction, market contributions, and competitive dynamics.
Exploring Market Segmentation
The report covers the market segmentation with granular detail, elucidating trends about various technologies such as Bluetooth, Cellular, and Low-Power Wide-Area Networks, deployment options like Cloud and On-Premise, and a diverse range of end users from the construction sector to oil & gas.
Targeted Insights for Market Stakeholders
- The report facilitates market penetration by offering detailed market information provided by industry leaders.
- It highlights market development by focusing on emerging markets and segments where investments can be fruitful.
- For businesses looking at diversification, the report provides insights on new product territories and untapped regions.
This comprehensive research report serves as a guiding beacon for stakeholders, investors, industry professionals, and companies ready to navigate the Connected Worker Market's evolving landscape. It not only emphasizes competitive assessment and deeper business intelligence but also sheds light on future technology trends and innovative product development.
The Connected Worker Market research offers far-reaching insights for readers interested in understanding current market dynamics and those looking to make strategic decisions based on predictions and trends leading up to 2030.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 199 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value (USD) in 2024 | $8.6 Billion |
| Forecasted Market Value (USD) by 2030 | $24.81 Billion |
| Compound Annual Growth Rate | 19.1% |
| Regions Covered | Global |
Companies Mentioned
- 3M Company
- Accenture PLC
- Augmentir, Inc.
- Autodesk, Inc.
- AVEVA Group Limited by Schneider Electric SE
- Avnet, Inc.
- Connect Up Technologies, LLC
- Dozuki, Inc.
- Fujitsu Limited
- Guardhat Inc.
- Hexagon AB
- Honeywell International Inc.
- Innovapptive Inc.
- Intellinium
- Magellan X Pte. Ltd.
- Mobile Lean S.L.
- Oracle Corporation
- Poka inc. by IFS AB
- QAD Inc.
- SAP SE
- Smart Track S.R.L.
- Smartflow Nederland BV
- Tata Consultancy Services Limited
- Trimble
- Tulip Interfaces, Inc.
- Vandrico Solutions Inc.
- Wipro Ltd.
- Zebra Technologies Corp.
For more information about this report visit https://www.researchandmarkets.com/r/lv8zys
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