Connected Worker Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type of Solution (Worker Productivity, Worker Safety, Worker Compliance, and Workforce Analytics), By Deployment Type (Cloud, On-premise, and Hybrid Networks), By Industry (Agriculture, Real estate and construction, Fire and Safety, Manufacturing, Transportation and Logistics, Oil and Gas, Mining and Others) and Region     

Connected Worker Market size was valued at US$ 5,876.2 Million in 2023 and is anticipated to grow at a CAGR of 16.2 % from 2024 - 2030. A connected worker refers to an employee or a workforce equipped with technology-enabled devices, tools, and systems that enable real-time communication, data sharing, collaboration, and access to information within the context of their work environment. Connected worker solutions leverage various technologies, such as the Internet of Things (IoT), wearable devices, mobile applications, augmented reality (AR), and digital platforms to enhance the productivity, safety, and efficiency of workers in various industries. Workforce digital transformation plays a crucial role in propelling the growth of the connected worker market. As organizations across industries embrace digital technologies to modernize their operations and enhance employee experiences, the concept of the connected worker aligns perfectly with this shift. The integration of technology-enabled tools, such as wearables, IoT devices, mobile apps, and augmented reality, empowers employees with real-time access to critical information, communication channels, and data-driven insights.

This transformation enhances worker productivity and drives operational efficiency and safety. Moreover, stringent regulations regarding workforce safety significantly influence driving the growth of the connected worker market. Industries such as manufacturing, construction, energy, and healthcare are subject to rigorous safety standards and compliance requirements to protect employees from potential hazards. In this context, connected worker solutions offer a compelling solution by providing real-time monitoring, hazard alerts, safety protocols, and remote assistance mechanisms. By equipping workers with wearable devices, IoT sensors, and communication tools, organizations can ensure immediate response to potential risks, enhance emergency preparedness, and facilitate compliance documentation. However, the high costs of these solutions are hampering the connected worker market growth. Meanwhile, the growing adoption of IoT, the rising proportion of technologically inclined consumers, and the use of smartphones create significant opportunities for the growth of the connected worker market. Key market players are developing innovative solutions to cater to various end-users. For instance, in September 2021, Caterpillar launched Connected Worker, a Guardhat-developed safety and productivity solution to deliver an added layer of protection against a variety of safety risks at the surface mining operations site.

Connected Worker Market Key Developments:        

• In July 2023, TRUCE Software launched connected worker solutions for lone workers and distributed teams.
• In February 2023, QAD acquired Redzone to enter the market for connected worker software for manufacturers to boost productivity.