Market Size And Forecast: Connected Worker Solutions 2021-2026 (Global)

Access this research

Access all Operational Excellence content with a strategic subscription or buy this single report

Buy Subscription

Need help or have a question about this report? Contact us for assistance

Executive Summary

This report helps investors, as well as executives at firms providing hardware or software for connected worker solutions, to understand the current state and size of the market, as well as the trends and drivers that will shape it into 2026. The report also considers the size of the 2021 connected worker solutions market in relation to prior forecasts. This study finds that the market was worth $1.35 billion in 2021 and will grow to $3.0 billion by 2026, at a CAGR of 17.2%. Growth will be driven by labour and skills shortages, a rising focus on worker engagement in health and safety best practices, and productivity benefits. Barriers include pricing, the growing threat of a global recession and privacy issues. 

Table of contents

Spend on Connected Worker Solutions Continues to Rise 
Market Data Includes 96 Connected Worker Solutions Provider Revenues 
The Connected Worker Solutions Market Was Worth $1.35 Billion in 2021
Labour Shortages Drive Demand For Connected Worker Solutions
High Costs And Inflationary Pressures Temper The Growth Of The Connected Worker Solutions Market
The Connected Worker Solutions Market Will Reach $3.0 Billion In 2026

Table of figures

Figure 1. 2021 Connected Worker Solutions Market Size By Category 
Figure 2. 2021 Connected Worker Solutions Market Size By Region 
Figure 3. 2021 Connected Worker Solutions Market Size By Use Case (Hardware) 
Figure 4. 2021 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 For 2021-2026 
Figure 7. Connected Worker Solutions Market Forecast By Category 2021-26 
Figure 8. Connected Worker Solutions Market Forecast By Region 2021-26 
Figure 9. Connected Worker Solutions Market Forecast By Use Case (Hardware) 2021-26 
Figure 10. Connected Worker Solutions Market Forecast By Use Case (Software) 2021-26 

About the authors

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 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.

Henry Kirkman

Industry Analyst
Henry is an Industry Analyst in the Verdantix Industrial Transformation practice. His current research agenda focuses on connected worker solutions, technologies for industrial asset maintenance, and the industrial applications of AI, including generative AI and computer vision. Prior to joining Verdantix, Henry completed a Masters degree in Civil Engineering at the University of Exeter.

Malavika Tohani

Research Director, Industrial Transformation
Malavika leads the Verdantix Industrial Transformation 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.

Related Reports

Not a Verdantix client yet?

Register with Verdantix for authoritative data, analysis and advice to allow your business to succeed.