New York 04 Mar 2021: The global Connected Worker market size is projected to reach USD 12.1 billion by 2027, growing at a CAGR of 20.1% during the forecast period.
The report “Connected Worker Market Share, Size, Trends, Industry Analysis Report By Component; By Technology (RFID Location Triangulation, Wi-Fi, Cellular, Bluetooth, Low-Power Wide-Area Network (LPWAN), Wireless Field Area Network (WFAN), and Zigbee); By Deployment; By End-user (Manufacturing, Construction, Mining, Oil & Gas, and Others); By Regions, Segment Forecast, 2020 – 2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing need for a collaborative working environment, rapid technological advancements, rising demand for mobility, and improved workforce productivity are some of the major factors fueling the growth of the global connected worker market.
The rising need for streamlining business operations to increase productivity and ensure safety fostering the adoption of connected worker technologies.
This has greatly reduced the possibilities of human errors and enhanced digitalization for smoother operations.
Increasing technological advancements along with the invention of innovative products at low costs and rising spending from the IT services industry are envisioned to bolster the demand for the global connected worker market over the forecast period.