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Smart Worker Market by Offering (Hardware, Software, Service), Connectivity Type (BLE/Bluetooth, LPWAN, WFAN), Industry (Manufacturing, Oil & Gas, Construction, Power & Utilities, Mining), and Geography - Global Forecast to 2023

Smart Worker Market by Offering (Hardware, Software, Service), Connectivity Type (BLE/Bluetooth, LPWAN, WFAN), Industry (Manufacturing, Oil & Gas, Construction, Power & Utilities, Mining), and Geography - Global Forecast to 2023

“The overall smart worker market is expected to grow at a CAGR of 18.69% between 2018 and 2023.”
The smart worker market is expected to be valued at USD 1.87 billion in 2018 and is likely to reach USD 4.40 billion by 2023, at a CAGR of 18.69% between 2018 and 2023. The increasing focus of manufacturing companies on energy efficiency, resource optimization, and reduction in production and operating costs is driving the growth of the smart worker market. Further, the stringency in occupational health and safety regulations across the world, along with the growing adoption of industrial IoT, is contributing to the growth of the smart worker market. However, the requirement of huge capital investment for the deployment of smart worker solutions may restrict the market growth.

“The smart worker market for manufacturing industry held the largest share in 2017.”
The manufacturing industry held the largest market share in 2017. This is attributed to the growing need to increase safety, optimize performance, and enhance productivity. These solutions track real-time information on environmental hazards at workplaces and offer preventive measures to ensure safety and monitor worker health, which are some of the critical areas that affect the direct and indirect cost of manufacturing sites.

“The market for smart worker software is expected to witness significant growth between 2018 and 2023.”
The market for software is expected to grow at a significant CAGR during the forecast period. With the changes pertaining to the regulations of occupational health and safety across the world, industrial facilities will need to invest more in software solutions to increase the worker’s safety and enhance their productivity.

“North America held the largest share of smart worker market in 2017 and is expected to grow at the highest CAGR during the forecast period.”
North America is expected to hold the largest share of the smart worker market by 2023. Automation in various sectors pertaining to industrial production is expected to increase in the US, which is likely to increase the use of smart wearables by blue-collar workers. The increasing R&D in the field of IoT for new and improved technologies and rising demand for improved lifestyle are the 2 crucial factors driving market growth in North America.

Break-up of the profiles of primary participants:
• By Company Type: Tier 1 – 61%, Tier 2 – 20%, and Tier 3 – 19%
• By Designation: C-Level Executives – 19% and Managers – 81%
• By Region: APAC – 20%, North America – 34%, Europe – 42%, and RoW – 4%
Some key players in the smart worker market are Honeywell (US), DAQRI (US), Fujitsu (Japan), Accenture (Republic of Ireland), Vandrico (Canada), Intellinium (France), Avnet (US), 3M (US), Oracle (US), Zebra Technologies (US), Parsable (US), Rice Electronics (US), Softweb Solutions (US), Recon Instruments (Canada), Wearable Technologies Limited (UK), Corvex Connected Safety (US), ProGlove (Germany), Smart Track (Italy), hIOTron (India), and Solution Analysts (India).

Research Coverage:
This research report segments the global smart worker market on the basis of offerings, connectivity technology, industry, and geography. The report discusses the major drivers, restraints, challenges, and opportunities pertaining to the market and also includes value chain and market ranking analyses.

Reasons to Buy the Report
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the smart worker market comprehensively and provides the closest market size estimation for subsegments across different regions.
2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for market growth.
3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, along with the strategies adopted by the key market players such as product launches and developments, acquisitions, partnerships, collaboration, expansions, and contracts.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES FOR SMART WORKER MARKET
    • SMART WORKER MARKET, BY OFFERING
    • SMART WORKER MARKET, BY INDUSTRY
    • SMART WORKER MARKET IN NORTH AMERICA, BY COUNTRY AND INDUSTRY
    • SMART WORKER MARKET, BY COUNTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
  • SMART WORKER MARKET, BY OFFERING
    • INTRODUCTION
      • Table SMART WORKER MARKET, BY OFFERING, 2015-2023 (USD MILLION)
    • HARDWARE
      • Table SMART WORKER MARKET FOR HARDWARE, BY SAFETY EQUIPMENT, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET FOR HARDWARE, BY REGION, 2015-2023 (USD MILLION)
      • SMART PROTECTIVE TEXTILE PRODUCTS
        • Table SMART WORKER MARKET FOR SMART PROTECTIVE TEXTILES PRODUCTS, BY REGION, 2015-2023 (USD MILLION)
      • SMART HEAD PROTECTION TOOLS
        • Table SMART WORKER MARKET FOR SMART HEAD PROTECTION TOOLS, BY REGION, 2015-2023 (USD MILLION)
      • SMART EYEWEAR
        • Table SMART WORKER MARKET FOR SMART EYEWEAR, BY REGION, 2015-2023 (USD MILLION)
      • SMART HEARING PROTECTION DEVICES
        • Table SMART WORKER MARKET FOR SMART HEARING PROTECTION DEVICES, BY REGION, 2015-2023 (USD MILLION)
      • OTHER SMART SAFETY EQUIPMENT
        • Table SMART WORKER MARKET FOR OTHER SMART SAFETY EQUIPMENT, BY REGION, 2015-2023 (USD MILLION)
    • SOFTWARE
      • Table SMART WORKER MARKET FOR SOFTWARE, BY REGION, 2015-2023 (USD MILLION)
    • SERVICES
      • Table SMART WORKER MARKET FOR SERVICES, BY REGION, 2015-2023 (USD MILLION)
  • SMART WORKER MARKET, BY CONNECTIVITY TECHNOLOGY
    • INTRODUCTION
      • Table SMART WORKER MARKET, BY CONNECTIVITY TECHNOLOGY, 2015-2023 (USD MILLION)
    • CELLULAR
      • Table SMART WORKER MARKET FOR CELLULAR TECHNOLOGY, BY REGION, 2015-2023 (USD MILLION)
    • WI-FI
      • Table SMART WORKER MARKET FOR WI-FI TECHNOLOGY, BY REGION, 2015-2023 (USD MILLION)
    • ZIGBEE
      • Table SMART WORKER MARKET FOR ZIGBEE TECHNOLOGY, BY REGION, 2015-2023 (USD MILLION)
    • BLE/BLUETOOTH
      • Table SMART WORKER MARKET FOR BLE/BLUETOOTH TECHNOLOGY, BY REGION, 2015-2023 (USD MILLION)
    • LOW-POWER WIDE-AREA NETWORK (LPWAN)
      • Table SMART WORKER MARKET FOR LPWAN TECHNOLOGIES, BY REGION, 2015-2023 (USD MILLION)
      • NARROWBAND IOT (NB-IOT)
      • LONG-RANGE WIDE AREA NETWORK (LORAWAN)
      • SIGFOX
    • WIRELESS FIELD AREA NETWORK (WFAN)
      • Table SMART WORKER MARKET FOR WFAN TECHNOLOGIES, BY REGION, 2015-2023 (USD MILLION)
      • WIRELESS HIGHWAY ADDRESSABLE REMOTE TRANSDUCER PROTOCOL (WIRELESS HART)
      • ISA100
  • SMART WORKER MARKET, BY INDUSTRY
    • INTRODUCTION
      • Table SMART WORKER MARKET, BY INDUSTRY, 2015-2023 (USD MILLION)
    • MANUFACTURING
      • Table SMART WORKER MARKET FOR MANUFACTURING INDUSTRY, BY REGION, 2015-2023 (USD MILLION)
    • OIL & GAS
      • Table SMART WORKER MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2015-2023 (USD MILLION)
    • POWER & UTILITIES
      • Table SMART WORKER MARKET FOR POWER & UTILITIES INDUSTRY, BY REGION, 2015-2023 (USD MILLION)
    • CONSTRUCTION
      • Table SMART WORKER MARKET FOR CONSTRUCTION INDUSTRY, BY REGION, 2015-2023 (USD MILLION)
    • MINING
      • Table SMART WORKER MARKET FOR MINING INDUSTRY, BY REGION, 2015-2023 (USD MILLION)
    • OTHERS
      • Table SMART WORKER MARKET FOR OTHER INDUSTRIES, BY REGION, 2015-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table SMART WORKER MARKET, BY REGION, 2015-2023 (USD MILLION)
    • NORTH AMERICA
      • Table SMART WORKER MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN NORTH AMERICA, BY OFFERING, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET FOR HARDWARE IN NORTH AMERICA, BY SAFETY EQUIPMENT, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN NORTH AMERICA, BY CONNECTIVITY TECHNOLOGY, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN NORTH AMERICA, BY INDUSTRY, 2015-2023 (USD MILLION)
      • US
        • Table SMART WORKER MARKET IN US, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN US, BY INDUSTRY, 2015-2023 (USD MILLION)
      • CANADA
        • Table SMART WORKER MARKET IN CANADA, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN CANADA, BY INDUSTRY, 2015-2023 (USD MILLION)
      • MEXICO
        • Table SMART WORKER MARKET IN MEXICO, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN MEXICO, BY INDUSTRY, 2015-2023 (USD MILLION)
    • EUROPE
      • Table SMART WORKER MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN EUROPE, BY OFFERING, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET FOR HARDWARE IN EUROPE, BY SAFETY EQUIPMENT, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN EUROPE, BY CONNECTIVITY TECHNOLOGY, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN EUROPE, BY INDUSTRY, 2015-2023 (USD MILLION)
      • GERMANY
        • Table SMART WORKER MARKET IN GERMANY, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN GERMANY, BY INDUSTRY, 2015-2023 (USD MILLION)
      • UK
        • Table SMART WORKER MARKET IN UK, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN UK, BY INDUSTRY, 2015-2023 (USD MILLION)
      • FRANCE
        • Table SMART WORKER MARKET IN FRANCE, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN FRANCE, BY INDUSTRY, 2015-2023 (USD MILLION)
    • ASIA PACIFIC (APAC)
      • Table SMART WORKER MARKET IN ASIA PACIFIC, BY COUNTRY, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN APAC, BY OFFERING, 2015-2023 (USD MILLION)
      • Table SMART WORKER HARDWARE MARKET IN APAC, BY SAFETY EQUIPMENT, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN APAC, BY CONNECTIVITY TECHNOLOGY, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN APAC, BY INDUSTRY, 2015-2023 (USD MILLION)
      • CHINA
        • Table SMART WORKER MARKET IN CHINA, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN CHINA, BY INDUSTRY, 2015-2023 (USD MILLION)
      • JAPAN
        • Table SMART WORKER MARKET IN JAPAN, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN JAPAN, BY INDUSTRY, 2015-2023 (USD MILLION)
      • SOUTH KOREA
        • Table SMART WORKER MARKET IN SOUTH KOREA, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN SOUTH KOREA, BY INDUSTRY, 2015-2023 (USD MILLION)
    • REST OF THE WORLD (ROW)
      • Table SMART WORKER MARKET IN ROW, BY REGION, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN ROW, BY OFFERING, 2015-2023 (USD MILLION)
      • Table SMART WORKER HARDWARE MARKET IN ROW, BY SAFETY EQUIPMENT, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN ROW, BY CONNECTIVITY TECHNOLOGY, 2015-2023 (USD MILLION)
      • Table SMART WORKER MARKET IN ROW, BY INDUSTRY, 2015-2023 (USD MILLION)
      • MIDDLE EAST & AFRICA
        • Table SMART WORKER MARKET IN MIDDLE EAST & AFRICA, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN MIDDLE EAST & AFRICA, BY INDUSTRY, 2015-2023 (USD MILLION)
      • SOUTH AMERICA
        • Table SMART WORKER MARKET IN SOUTH AMERICA, BY OFFERING, 2015-2023 (USD MILLION)
        • Table SMART WORKER MARKET IN SOUTH AMERICA, BY INDUSTRY, 2015-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANKING ANALYSIS
      • Table RANK OF SMART WORKER MARKET PLAYERS, 2017
    • COMPETITIVE SCENARIO
      • PRODUCT LAUNCHES AND DEVELOPMENTS, AND DEMONSTRATIONS
        • Table 10 MOST RECENT PRODUCT LAUNCHES, DEMONSTRATIONS, AND DEVELOPMENTS IN SMART WORKER MARKET
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, AND FUNDING IN SMART WORKER MARKET
      • PARTNERSHIPS, COLLABORATIONS, AND STRATEGIC ALLIANCES
        • Table PARTNERSHIPS, COLLABORATIONS, AND STRATEGIC ALLIANCES IN SMART WORKER MARKET
      • CONTRACTS AND AGREEMENTS
        • Table CONTRACTS IN SMART WORKER MARKET
      • EXPANSIONS
        • Table EXPANSIONS IN SMART WORKER MARKET
  • COMPANY PROFILES
    • KEY PLAYERS
      • HONEYWELL
      • DAQRI
      • FUJITSU
      • ACCENTURE
      • VANDRICO
      • INTELLINIUM
      • AVNET
      • 3M
      • ORACLE
      • ZEBRA TECHNOLOGIES (ZIH CORP.)
    • OTHER COMPANIES
      • PARSABLE
      • RICE ELECTRONICS
      • SOFTWEB SOLUTIONS (IOT CONNECT)
      • RECON INSTRUMENTS (AN INTEL COMPANY)
      • WEARABLE TECHNOLOGIES LIMITED
      • CORVEX CONNECTED SAFETY
      • PROGLOVE
      • SMART TRACK S.R.L
      • HIOTRON
      • SOLUTION ANALYSTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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