Market Size And Forecast: Connected Worker Solutions 2020-2026 (Global)

23 Apr, 2021

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Executive Summary

This report is aimed at executives in firms providing connected worker solutions (hardware, software or services), as well as current and potential investors in the connected worker solutions market. Based on a bottom-up analysis of revenues and survey data from operations and EHS decision-makers, Verdantix finds that the connected worker solutions market will grow from $1.93 billion in 2020 to $4.23 billion in 2026. To sustain and grow market share, connected worker solution providers must: integrate emerging technologies such as AI within their product offering; forge new partnerships with firms across the market; clarify capital expenditure and operating costs alongside benefits in pricing structures; make iterative improvements to product design via continual investment; and develop utility for niche use cases.
 
The Connected Worker Solutions Market Is Set To Expand  
Market Size Data Incorporate Revenues Of 105 Connected Worker Solution Providers
The Connected Worker Solutions Market Was Worth $1.9 Billion In 2020
Rising Awareness Of The Benefits of Connected Worker Solutions Accelerates With Global Pandemic 
Connected Worker Solutions Market Will Reach $4.2 Billion In 2026
Connected Worker Solution Providers Must Focus On Five Key Areas To Harness Market Prospects
 
Figure 1. 2020 Connected Worker Solutions Market Size By Region
Figure 2. 2020 Connected Worker Solutions Market Size By Use Case
Figure 3. 2020 Connected Worker Solutions Market Size By Vendor Category
Figure 4. Connected Worker Solutions Market Forecast And YoYs For 2020-2026
Figure 5. Connected Worker Solutions Market Forecast By Region 2020-26
Figure 6. Connected Worker Solutions Market Forecast By Use Case 2020-26
Figure 7. Connected Worker Solutions Market Forecast By Vendor Category 2020-26

About the Authors

Hugo Fuller

Hugo Fuller

Senior Analyst

Hugo is a Senior Analyst in the Verdantix Industrial Transformation practice. His current research agenda explores the technologies within the industrial asset management soft...

Malavika Tohani

Malavika Tohani

Research Director

Malavika is a Research Director at Verdantix, guiding research that explores how digital technologies and services are reshaping industrial operations to become safer, more ef...

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