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

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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.

Table of contents

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

Table of figures

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

Industry Analyst
Hugo is an Industry Analyst in the Verdantix Operational Excellence practice. His current research agenda explores the technologies within the industrial asset management software market, with a focus on enterprise asset management software and computerized maintenance management systems. In Advisory, he focuses on go-to-market, thought-leadership and market-sizing work. Prior to joining Verdantix, Hugo worked in PR analytics and studied English at University College London.

Malavika Tohani

Research Director, Operational Excellence
Malavika leads the Verdantix Operational Excellence practice. Her current research agenda focuses on digital technologies for Operational Excellence including digital twins and software solutions for industrial risk and asset management. Malavika has over 15 years’ experience in research and strategy consulting. Malavika previously worked at Frost & Sullivan, managing and delivering advisory projects for clients involving expansion, acquisition, benchmarking and product development strategies. Malavika holds a MSc in Economics from Madras School of Economics.

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