Report Summary

The global Connected Worker market size was valued at USD 2,830.02 million in 2019 and is anticipated to grow at a CAGR of 19.9% during the forecast period. ‘Connected Worker’ or “Smart Worker” provides an array of support for the industrial worker. From supported task execution to over-the-shoulder coaching, the integration of virtual assistants and artificial intelligence allows the system to provide detailed advice on demand. It constantly learns through machine learning algorithms which improves and refines the advice given over time. Enterprises can now closely monitor workforce safety, and support field workers to diagnose and repair faulty equipment in real time. Connected workers perform daily work activities through the use wearable technology, sensors, analytics, asset tracking, and field testing mobile device in industrial and field environment.

Connected worker ecosystem enhances worker safety in manufacturing plants, refineries, mining operations, power generation facilities and other industrial sites through the use of intelligent sensors, safety vests and specialized wearables. Connected workers use a smart device or wearable, which is connected to a centralized monitoring and control center. The components of connected worker ecosystem comprise device controller, gateway controller, central system, location manager, analytics engine, and human machine interaction. Connected worker ecosystem offers functionalities such as work assignments, work execution, performance analysis, and safety monitoring. Connected worker ecosystem improves work safety, provides intelligence insights, and offers enhanced decision support.

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The smart worker market is influenced by growing need to achieve higher efficiency, and productivity in manufacturing factories and other companies. Factors such as growing safety concerns, and stringent regulations regarding workforce safety impact the smart worker market growth. Digitalization, automation of tasks, increasing penetration of mobile devices, and growing adoption of BYOD has also fostered the market growth. The increasing need to streamline operations to improve productivity and safety has increased the growth of the market. The growing adoption of cloud-based technologies, and Internet of Things accelerates the adoption of connected worker ecosystem. Other factors driving the connected worker market include technological advancements, increasing need for collaborative working environment, growing demand for mobility, and increasing requirement to improve workforce productivity and safety.

The business organizations are adopting connected worker or smart worker solutions which helps the companies to stay connected with their workers in order to increase the productivity and achieve high profit margins. Increasing utilization of these solutions by the organizations to ensure worker’s safety, track them remotely and achieve better regulatory compliance will boost the market demand over the forecast period.

It has dependably been a major test to guarantee field laborers' wellbeing, track them remotely and, accomplish better administrative consistence. Business organizations are continually hoping to execute the exercises of a modern or field specialist all the more viably while improving efficiencies, decreasing non-beneficial work and giving a sheltered workplace. The combination of worldwide modern frameworks with trend setting innovations like wearables, low-cost sensors and data analytics interface hardware as well as field specialists including workers, firemen and diggers with a centralized framework. An IoT-empowered associated specialist arrangement carries checking abilities to the following level that make work environments progressively effective, straightforward, sheltered and gainful.

The market is primarily segmented on the basis of component, technology, deployment, end-user, and geographic region.

Connected Worker Market Report Scope

By Component By Technology By Deployment By End-user By Region Type Hardware Smart Glasses/Eyewear Smart Headgear Hearing Protection Devices Protective Textiles Mobile Devices Others

Software Workforce Task Management Workforce Analytics Mobile Learning

Services Consulting Training & Implementation

RFID Location Triangulation

Wi-Fi

Cellular

Bluetooth

Low-Power Wide-Area Network (LPWAN)

Wireless Field Area Network (WFAN)

Zigbee On-premise

Cloud Manufacturing

Construction

Mining

Oil & Gas

Others North America (U.S., Canada)

Europe (France, Germany, UK, Italy, Netherlands, Belgium)

Asia Pacific (India, Japan, China, Malaysia, Australia, Indonesia)

Latin America (Mexico, Brazil, Argentina)

MEA (Saudi Arabia, South Africa, Turkey, UAE)

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Component Outlook

The overall component segment is further bifurcated into hardware, software and services. The hardware segment includes smart glasses/eyewear, smart headgear, hearing protection devices, protective textiles and mobile devices. A group from Stanford University has built up a couple of innovative displays known as 'autofocals' that consolidates liquid filled focal points, profundity detecting cameras and eye-following innovation to guarantee that the article the wearer is seeing stays sharp and in core interest. The glasses are basically made for individuals experiencing presbyopia – basic type of age-instigated farsightedness, where focal points in the eyes begin to turn out to be firm, consequently raising ruckus to concentrate on close-up items –, and to settle issues identified with dynamic focal points. It is estimated that the Smart Glasses /Eyewear segment will grow at a CAGR of more than 19.3% from 2020 to 2026. Similarly, the mobile devices segment will continue its growth throughout the forecast period and is estimated to reach USD 900.3 million by 2026.

Technology Outlook:

RFID Location Triangulation contributed to a major market share of Connected Worker in 2019. With the rising investment in cellular technologies such as 5G, the companies are looking forward to integrating or incorporate with the connected workers platform. As a result, the growth in cellular technology is likely to have a positive impact on the market growth over the forecast period. It is estimated that the cellular technology will witness a growth of 21.3% from 2020 to 2026 followed by wireless field area network. (WFAN)

While monitoring, 5G automatons can be quickly dispatched to scenes without confronting the space confinements ground officials are constrained to. 4K HD recordings are sent back to the war room progressively with the goal that brought together observation and instructing can be actualized to guarantee that subtleties are completely caught. Generally, the associated specialist is outfitted with the correct information at the opportune time, routine assignments are mechanized, and consideration is diverted toward increasingly significant exercises like constant improvement. The objective is to have the framework screen itself and advise laborers when there's an issue, as opposed to investing energy watching and sitting tight for issues. The associated specialist idea is about proactivity versus reactivity.

Deployment Outlook

Endeavor asset arranging (ERP) arrangements may sound like something saved for ventures, however regardless of the name, moderate sized business have a critical add up to pick up from executing ERP arrangements. 50% of organizations actualize ERP for cost-sparing measures, while 21 percent of organizations discover ERP advances business development. In the wake of choosing to actualize ERP inside your organization, you're regularly looked with the topic of on-premise versus cloud-based ERP. While numerous organizations promptly take a gander at SaaS choices, the on-premise arrangement additionally gives points of interest. The cloud deployment is estimated to grow at a CAGR of 20.7% during the forecast period.

End-user Outlook

The end-user segment is further bifurcated into manufacturing, construction, mining, oil & gas and others. The oil and gas industry have a notoriety of being moderately moderate to receive new advancements. Inside the previous couple of years, however, it has moved past dependence on paper and pencil, physical work, and machines. The oil & gas segment is anticipated to reach $1.48 billion by 2026 for connected workers.

Unpredictability in world wares markets has pushed organizations to improve proficiency and lessen costs. What's more, due to the Fourth Industrial Revolution — the flood of advanced advancement that has prodded the improvement of man-made consciousness (AI), expanded reality (AR), the web of things (IoT), and so forth — industry players are finding appealing arrangements.

Computer based intelligence has pulled in solid enthusiasm from significant players in the business — well-promoted universal monsters, for example, ExxonMobil and Royal Dutch Shell and driving specialist co-ops like Halliburton. In any case, it likewise makes new open doors for administrators of assorted types and sizes, including tech new companies like Tachyus and built up administration organizations, for example, National Oilwell Varco.

Regional Outlook

In 2018, the United States dominated the North American connected worker market, owing to the increasing oil & gas and construction activities in the country. The U.S. market for connected worker is estimated to reach USD 2.46 billion by 2026.

The United States is one of the largest producers of crude oil and natural gas, accounting for around 14.1% and 20.0% of global production, respectively, in 2017. The production surged in 2017, mainly due to robust drilling in its shale reserves, led by Permian basin. The offshore sector has not witnessed much growth (mainly due to its high cost), in comparison to that of the onshore. The offshore rig count has declined from 60 at the beginning of 2014, to 24 by December 2018. The cost for a typical well in the Permian ranges from USD 5-9 million, to drill and complete, depending on a range of factors. With domestic demand for petroleum-based fuels projected to fall in the coming years, the US refining and midstream companies have made substantial investments to expand both processing capabilities and transportation infrastructure to meet the broader global demand for smart worker market. Moreover, oil & gas producers are expected to increase the uptake of refining and petrochemical projects, particularly in the Gulf Coast, which is likely to increase the demand for connected worker in the country.

Competitive Landscape

The leading players in the connected workers market include the 3M Company, Honeywell International Inc., Fujitsu Ltd., Zebra Technologies, Accenture, Oracle Corporation, Wearable Technologies Limited, Avnet, Inc., Vandrico Solutions Inc., and Smart Track S.R.L among others. These leading players are introducing innovative products in the market to cater to the growing demand for consumers. Global players are entering new markets in developing regions to expand their customer base, strengthen market presence, and increase their market share.