Market Size And Forecast: Connected Worker Solutions 2022-2028 (Global)
06 Oct, 2023
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Executive Summary
This report helps investors, as well as executives at firms providing hardware or software for connected worker solutions, understand the current state and size of the market, as well as the trends and drivers that will shape it into 2028. The report also considers the size of the 2022 connected worker solutions market in relation to prior forecasts. This study finds that the market was worth $1.38 billion in 2022 and will grow to $3.24 billion by 2028, at a CAGR of 15.3%. Growth will be driven by labour and skills shortages, a rising focus on worker engagement in health and safety best practices, and productivity benefits. Notable barriers are macroeconomic instability, high prices and privacy concerns.
The connected worker solutions market is on an upward trajectory
Market size data incorporate revenues of 96 connected worker solution providers
The connected worker solutions market was worth $1.38 billion in 2022
Labour shortages bolster demand for connected worker solutions for onboarding, retention and frontline safety
Macroeconomic uncertainty is disrupting the adoption of connected worker solutions
The connected worker solutions market will reach $3.24 billion in 2028
Market size data incorporate revenues of 96 connected worker solution providers
The connected worker solutions market was worth $1.38 billion in 2022
Labour shortages bolster demand for connected worker solutions for onboarding, retention and frontline safety
Macroeconomic uncertainty is disrupting the adoption of connected worker solutions
The connected worker solutions market will reach $3.24 billion in 2028
Figure 1. 2022 connected worker solutions market size by category
Figure 2. 2022 connected worker solutions market size by region
Figure 3. 2022 connected worker solutions market size by use case (hardware)
Figure 4. 2022 connected worker solutions market size by use case (software)
Figure 5. Drivers and barriers for the connected worker solutions market
Figure 6. Connected worker solutions market forecast: 2022-2028
Figure 7. Connected worker solutions market forecast by category: 2022-2028
Figure 8. Connected worker solutions market forecast by region: 2022-2028
Figure 9. Connected worker solutions market forecast by use case (hardware): 2022-2028
Figure 10. Connected worker solutions market forecast by use case (software): 2022-2028
Figure 2. 2022 connected worker solutions market size by region
Figure 3. 2022 connected worker solutions market size by use case (hardware)
Figure 4. 2022 connected worker solutions market size by use case (software)
Figure 5. Drivers and barriers for the connected worker solutions market
Figure 6. Connected worker solutions market forecast: 2022-2028
Figure 7. Connected worker solutions market forecast by category: 2022-2028
Figure 8. Connected worker solutions market forecast by region: 2022-2028
Figure 9. Connected worker solutions market forecast by use case (hardware): 2022-2028
Figure 10. Connected worker solutions market forecast by use case (software): 2022-2028
Organisation for Economic Co-operation and Development (OECD), Modjoul, IT Governance, Hirschvogel, The Conference Board, Apple, International Workplace, European Commission, Rombit, Operations1, Optus, GOARC, US Bureau of Labor Statistics, European Central Bank (ECB), Augmentir, World Bank, Peoplesafe, International Monetary Fund (IMF), Librestream
About the Authors
Henry Kirkman
Industry Analyst
Henry is an Industry Analyst at Verdantix. His current research agenda focuses on quality management, field service management and industrial applications of AI, including Gen…
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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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