Available on Google PlayApp Store

Smart Worker Market

English Public
“The overall smart worker market is expected to grow at a CAGR of 18.69% between 2023 and 2033”

The smart worker market is expected to be valued at USD 1.87 billion in 2023 and is likely to reach USD 4.40 billion by 2033, at a CAGR of 18.69% between 2023 and 2033. 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.

Request The Sample PDF Report Here: https://www.sdki.jp/sample-request-109567

“The smart worker market for manufacturing industry held the largest share in 2023”

The manufacturing industry held the largest market share in 2023. 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 2023 and 2033”

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.

Browse The Full Research Report Here: https://www.sdki.jp/reports/smart-worker-market/109567

“North America held the largest share of smart worker market in 2023 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.

Vocabulary List

  •  
     
    0
Smart Worker Market
0 vocabularies