The Connected Worker Market was valued at USD 6.52 Bn in 2023 and is expected to reach USD 39.3 Bn by 2032, growing at a CAGR of 22.1% over 2024-2032.
The Connected Worker market has experienced significant growth due to digitalization, task automation, the widespread use of mobile devices, and the increasing adoption of Bring Your Own Device (BYOD) policies. This growth can be attributed to the increasing demand for streamlined operations that improve productivity and safety. The adoption of cloud-based technologies and the Internet of Things (IoT) has expedited the implementation of a connected worker ecosystem. This ecosystem is characterized by the integration of various technologies and devices, enabling seamless communication and collaboration among workers. Technological advancements, the need for a collaborative working environment, the increasing demand for mobility, and the drive to Improve workforce productivity and safety are additional factors driving market growth.
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A connected worker platform may improve and integrate an organization's relationships with both real and virtual environments by utilizing different digital technologies and data management strategies. The software facilitates and improves staff procedures by helping them to make faster, better, and safer decisions.
Market Dynamics
Drivers
The growing adoption of cloud-based technologies and the Internet of Things accelerates the adoption of connected worker systems.
Improve worker safety in manufacturing plants, refineries, mining operations, power generation facilities, and other industrial sites and minimize workplace injuries.
In manufacturing plants, companies must improve efficiency and production.
The Connected Worker Market is expected to experience significant growth in the forecast period. This growth can be attributed to the enhanced worker safety provided by these platforms in various industrial settings such as manufacturing plants, refineries, mining operations, power generation facilities, and more. Intelligent sensors, safety vests, and specialized wearables are utilized to ensure worker safety. The demand for connected worker platforms is increasing as organizations strive to achieve higher efficiency and productivity in their manufacturing factories. Factors such as safety concerns and stringent regulations regarding workforce safety have also influenced the growth of connected worker market.
The adoption of cloud-based technologies and the Internet of Things (IoT) has further accelerated the adoption of connected worker systems. Technological advancements, the need for a collaborative working environment, the growing demand for mobility, and the desire to improve workforce productivity and safety are other driving factors for the market growth of connected worker platforms. It is important to note that the high cost associated with implementing connected worker solutions in industries still poses a significant barrier for small and medium-sized enterprises. This limitation restricts the market from fully capitalizing on the potential opportunities that small-medium enterprises could provide.
Restraint
A scarcity of skilled workers.
Opportunities
Cloud-based technologies and the Internet of Things are becoming more widely used.
Artificial intelligence and machine learning provide new business potential.
The market stands to gain significantly from the implementation of advanced technologies such as artificial intelligence (AI), machine learning, and augmented reality (AR). The integration of AI, machine learning, and AR into various solutions holds immense potential for the market. These technologies enable data-driven insights, predictive analytics, and automation, thereby enhancing processes and decision-making. They not only boost productivity and reduce errors but also uncover valuable patterns that drive competition and innovation. AR revolutionizes the user experience by overlaying digital information onto the real world, thereby enhancing learning, training, and product visualization.
Industries spanning healthcare, manufacturing, education, and retail can leverage these technologies to create immersive, interactive, and personalized solutions that enhance client engagement and satisfaction. The fusion of AI, machine learning, and AR not only fosters product development and innovation but also attracts investment and fuels economic growth, reshaping the market into a technology-driven environment.
Challenges
The growth of the connected worker market can be hindered by a lack of awareness among potential stakeholders.
Impact of Russia-Ukraine War:
Ukraine is a significant source of technology talent, particularly in fields such as software development and IT. The conflict could disrupt this talent pool, affecting the availability of skilled workers in the connected worker market globally. Companies relying on Ukrainian talent may face challenges in finding skilled professionals, impacting the development and innovation of connected worker technologies. Geopolitical tensions between Russia and Ukraine can create market uncertainty. This uncertainty might lead to hesitation among investors and companies looking to expand or invest in the region. The conflict might redirect resources away from technology development in affected regions. Companies in Ukraine might face challenges in maintaining their R&D efforts due to the conflict's impact on funding, talent retention, or infrastructure stability. This could slow down the pace of innovation in connected worker technologies originating from these areas. The geopolitical tensions might encourage companies to diversify their sourcing strategies for technology and talent. This could create opportunities for other regions to emerge as hubs for connected worker technology development and skilled workforce availability.
Impact of Economic Downturn:
Companies might cut back on spending, affecting investments in connected worker technologies due to budget constraints. Organizations might prioritize cost-saving measures over innovation, affecting the adoption of new connected worker technologies. Despite budget constraints, there could be an increased demand for technologies that enhance operational efficiency. Connected worker solutions that promise immediate cost savings or productivity improvements might still attract attention. Companies might reassess their technology choices, seeking more cost-effective or scalable solutions in the connected worker space. Smaller companies providing connected worker solutions may struggle or get acquired by larger enterprises, leading to market consolidation.
Economic downturns often lead to remote work trends. Connected worker technologies that enable remote collaboration, monitoring, and maintenance might see increased demand. Organizations may emphasize upskilling workers to handle advanced technologies, leading to an increased focus on training modules within connected worker solutions.
KEY MARKET SEGMENTS:
By Component:
Hardware
Software
Services
In 2023, the connected worker market was dominated by the hardware segment, which held more than 64% market share. Among all the equipment, mobile devices and tablets are projected to experience the highest growth rate. This surge can be attributed to the improved usability and interoperability of these devices. The adoption of BYOD (bring your own device) policies is expected to further drive the use of mobile phones and tablets.
The software sector stands as the second-largest market segment for connected workers. Software solutions tailored for connected workers provide a centralized platform for monitoring and analyzing data collected from field employees. Although still in its early stages, the connected worker software business is rapidly expanding. In the coming years, the industry is poised for significant growth as more businesses recognize the various advantages of connecting and empowering their employees through technology.
By Technology:
RFID Location Triangulation
Wi-Fi
Cellular
Bluetooth
Low-Power Wide-Area Network (LPWAN)
Wireless Field Area Network (WFAN)
The RFID location triangulation segment dominated the market with more than 24% revenue share during the forecast period. This technology is particularly important in applications and industries where there is a high risk of safety hazards, as it enables real-time tracking of workers and objects. The ability to track identity and location is essential for ensuring safety, and RFID location triangulation effectively fulfills this need. As a result, this segment has experienced significant growth in recent years, and this trend is expected to continue in the future.
Companies have successfully overcome some of the challenges faced by the segment, such as signal impairments in indoor environments and limitations of tags in harsh conditions. This has been achieved through the development of advanced portfolios and the active involvement of manufacturers in creating customized products, thus bypassing these limitations. One of the key reasons why companies prefer RFID location triangulation technology is its enhanced context awareness, which is a prominent trend in the connected worker market. This technology provides a deeper understanding of the surrounding environment, allowing for more effective and efficient operations.
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By Deployment:
On-premise
Cloud
By End-use:
Manufacturing
Construction
Mining
Oil & Gas
Others
REGIONAL ANALYSIS:
The region of North America dominated the market in 2023, holding a revenue share of more than 38% and is expected to maintain its dominance over the forecast period. This can be attributed to several factors, including the presence of numerous connected worker solution providers and the widespread acceptance of ddvanced technologies by field workers. The region boasts a significant number of key end-users who are eager to integrate hardware and software solutions, thereby presenting lucrative opportunities for industry participants. The major countries in North America, the United States stands out with its robust adoption of technology. The deployment of 5G infrastructure, implementation of IoT solutions, and the support of Silicon Valley are pivotal factors driving the strong demand for connected worker solutions.
Connected worker solution provides significant opportunities for growth in the Asia Pacific region, because of the Increasing digitization and rapid expansion of the construction sector. Throughout the projected period, this region is anticipated to exhibit the highest Compound Annual Growth Rate (CAGR).
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
KEY PLAYERS:
The major key players are Accenture, Honeywell International Inc., Fujitsu Ltd., Oracle Corp., Tata Consultancy Services, Avnet Inc., Zebra Technologies Corp., Wearable Technology Limited, TELUS, 3M Company.
| Report Attributes | Details |
| Market Size in 2023 | US$ 6.52 Bn |
| Market Size by 2032 | US$ 39.3 Bn |
| CAGR | CAGR of 22.1 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments |
• by Component (Hardware, Software, Services) • by End-use (Manufacturing, Construction, Mining, Oil & Gas, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Accenture, Honeywell International Inc., Fujitsu Ltd., Oracle Corp., Tata Consultancy Services, Avnet Inc., Zebra Technologies Corp., Wearable Technology Limited, TELUS, 3M Company |
| Key Drivers | • Improved worker safety in manufacturing plants, refineries, mining operations, power generation facilities, and other industrial sites and minimize workplace injuries. • In manufacturing plants, companies must improve efficiency and production. |
| Market Opportunities | • Cloud-based technologies and the Internet of Things are becoming more widely used. • Artificial intelligence and machine learning provide new business potential. |
Ans:- The Connected Worker market size was valued at USD 6.52 Bn in 2023.
Ans :- Connected technology advancements and raising awareness about the usage of these technologies in the workplace to minimize workplace injuries.
Ans:- North America region dominated the connected worker market in 2023 and is likely to retain its dominance during the forecast period.
Ans:- The major key players are Accenture, Honeywell International Inc., Fujitsu Ltd., Oracle Corp., Tata Consultancy Services, Avnet Inc., Zebra Technologies Corp., Wearable Technology Limited, TELUS, 3M Company.
Ans:-The study includes a comprehensive analysis of worldwide Connected Worker Market trends, as well as present and future market forecasts and impact analysis for the projected period.
Porter's five forces analysis aids in the study of buyer and supplier potential as well as the competitive landscape
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Connected Worker Market Segmentation, By Component
9.1 Introduction
9.2 Trend Analysis
9.3 Hardware
9.4 Software
9.5 Services
10. Connected Worker Market Segmentation, By Technology
10.1 Introduction
10.2 Trend Analysis
10.3 RFID Location Triangulation
10.4 Wi-Fi
10.5 Cellular
10.6 Bluetooth
10.7 Low-Power Wide-Area Network (LPWAN)
10.8 Wireless Field Area Network (WFAN)
10.10 Zigbee
11 Connected Worker Market Segmentation, By Deployment
11.1 Introduction
11.2 Trend Analysis
11.3 On-premise
11.4 Cloud
12. Connected Worker Market Segmentation, By End-User
12.1 Introduction
12.2 Trend Analysis
12.3 Manufacturing
12.4 Construction
12.5 Mining
12.6 Oil & Gas
12.7 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 Trend Analysis
13.2.2 North America Connected Worker Market By Country
13.2.3 North America Connected Worker Market By Component
13.2.4 North America Connected Worker Market By Technology
13.2.5 North America Connected Worker Market By Deployment
13.2.6 North America Connected Worker Market, By End-User
13.2.7 USA
13.2.7.1 USA Connected Worker Market By Component
13.2.7.2 USA Connected Worker Market By Technology
13.2.7.3 USA Connected Worker Market By Deployment
13.2.7.4 USA Connected Worker Market, By End-User
13.2.8 Canada
13.2.8.1 Canada Connected Worker Market By Component
13.2.8.2 Canada Connected Worker Market By Technology
13.2.8.3 Canada Connected Worker Market By Deployment
13.2.8.4 Canada Connected Worker Market, By End-User
13.2.9 Mexico
13.2.9.1 Mexico Connected Worker Market By Component
13.2.9.2 Mexico Connected Worker Market By Technology
13.2.9.3 Mexico Connected Worker Market By Deployment
13.2.9.4 Mexico Connected Worker Market, By End-User
13.3 Europe
13.3.1 Trend Analysis
13.3.2 Eastern Europe
13.3.2.1 Eastern Europe Connected Worker Market By Country
13.3.2.2 Eastern Europe Connected Worker Market By Component
13.3.2.3 Eastern Europe Connected Worker Market By Technology
13.3.2.4 Eastern Europe Connected Worker Market By Deployment
13.3.2.5 Eastern Europe Connected Worker Market By End-User
13.3.2.6 Poland
13.3.2.6.1 Poland Connected Worker Market By Component
13.3.2.6.2 Poland Connected Worker Market By Technology
13.3.2.6.3 Poland Connected Worker Market By Deployment
13.3.2.6.4 Poland Connected Worker Market By End-User
13.3.2.7 Romania
13.3.2.7.1 Romania Connected Worker Market By Component
13.3.2.7.2 Romania Connected Worker Market By Technology
13.3.2.7.3 Romania Connected Worker Market By Deployment
13.3.2.7.4 Romania Connected Worker Market By End-User
13.3.2.8 Hungary
13.3.2.8.1 Hungary Connected Worker Market By Component
13.3.2.8.2 Hungary Connected Worker Market By Technology
13.3.2.8.3 Hungary Connected Worker Market By Deployment
13.3.2.8.4 Hungary Connected Worker Market By End-User
13.3.2.9 Turkey
13.3.2.9.1 Turkey Connected Worker Market By Component
13.3.2.9.2 Turkey Connected Worker Market By Technology
13.3.2.9.3 Turkey Connected Worker Market By Deployment
13.3.2.9.4 Turkey Connected Worker Market By End-User
13.3.2.10 Rest of Eastern Europe
13.3.2.10.1 Rest of Eastern Europe Connected Worker Market By Component
13.3.2.10.2 Rest of Eastern Europe Connected Worker Market By Technology
13.3.2.10.3 Rest of Eastern Europe Connected Worker Market By Deployment
13.3.2.10.4 Rest of Eastern Europe Connected Worker Market By End-User
13.3.3 Western Europe
13.3.3.1 Western Europe Connected Worker Market By Country
13.3.3.2 Western Europe Connected Worker Market By Component
13.3.3.3 Western Europe Connected Worker Market By Technology
13.3.3.4 Western Europe Connected Worker Market By Deployment
13.3.3.5 Western Europe Connected Worker Market By End-User
13.3.3.6 Germany
13.3.3.6.1 Germany Connected Worker Market By Component
13.3.3.6.2 Germany Connected Worker Market By Technology
13.3.3.6.3 Germany Connected Worker Market By Deployment
13.3.3.6.4 Germany Connected Worker Market By End-User
13.3.3.7 France
13.3.3.7.1 France Connected Worker Market By Component
13.3.3.7.2 France Connected Worker Market By Technology
13.3.3.7.3 France Connected Worker Market By Deployment
13.3.3.7.4 France Connected Worker Market By End-User
13.3.3.8 UK
13.3.3.8.1 UK Connected Worker Market By Component
13.3.3.8.2 UK Connected Worker Market By Technology
13.3.3.8.3 UK Connected Worker Market By Deployment
13.3.3.8.4 UK Connected Worker Market By End-User
13.3.3.9 Italy
13.3.3.9.1 Italy Connected Worker Market By Component
13.3.3.9.2 Italy Connected Worker Market By Technology
13.3.3.9.3 Italy Connected Worker Market By Deployment
13.3.3.9.4 Italy Connected Worker Market By End-User
13.3.3.10 Spain
13.3.3.10.1 Spain Connected Worker Market By Component
13.3.3.10.2 Spain Connected Worker Market By Technology
13.3.3.10.3 Spain Connected Worker Market By Deployment
13.3.3.10.4 Spain Connected Worker Market By End-User
13.3.3.11 Netherlands
13.3.3.11.1 Netherlands Connected Worker Market By Component
13.3.3.11.2 Netherlands Connected Worker Market By Technology
13.3.3.11.3 Netherlands Connected Worker Market By Deployment
13.3.3.11.4 Netherlands Connected Worker Market By End-User
13.3.3.12 Switzerland
13.3.3.12.1 Switzerland Connected Worker Market By Component
13.3.3.12.2 Switzerland Connected Worker Market By Technology
13.3.3.12.3 Switzerland Connected Worker Market By Deployment
13.3.3.12.4 Switzerland Connected Worker Market By End-User
13.3.3.13 Austria
13.3.3.13.1 Austria Connected Worker Market By Component
13.3.3.13.2 Austria Connected Worker Market By Technology
13.3.3.13.3 Austria Connected Worker Market By Deployment
13.3.3.13.4 Austria Connected Worker Market By End-User
13.3.3.14 Rest of Western Europe
13.3.3.14.1 Rest of Western Europe Connected Worker Market By Component
13.3.3.14.2 Rest of Western Europe Connected Worker Market By Technology
13.3.3.14.3 Rest of Western Europe Connected Worker Market By Deployment
13.3.3.14.4 Rest of Western Europe Connected Worker Market By End-User
13.4 Asia-Pacific
13.4.1 Trend Analysis
13.4.2 Asia-Pacific Connected Worker Market By Country
13.4.3 Asia-Pacific Connected Worker Market By Component
13.4.4 Asia-Pacific Connected Worker Market By Technology
13.4.5 Asia-Pacific Connected Worker Market By Deployment
13.4.6 Asia-Pacific Connected Worker Market By End-User
13.4.7 China
13.4.7.1 China Connected Worker Market By Component
13.4.7.2 China Connected Worker Market By Technology
13.4.7.3 China Connected Worker Market By Deployment
13.4.7.4 China Connected Worker Market By End-User
13.4.8 India
13.4.8.1 India Connected Worker Market By Component
13.4.8.2 India Connected Worker Market By Technology
13.4.8.3 India Connected Worker Market By Deployment
13.4.8.4 India Connected Worker Market By End-User
13.4.9 Japan
13.4.9.1 Japan Connected Worker Market By Component
13.4.9.2 Japan Connected Worker Market By Technology
13.4.9.3 Japan Connected Worker Market By Deployment
13.4.9.4 Japan Connected Worker Market By End-User
13.4.10 South Korea
13.4.10.1 South Korea Connected Worker Market By Component
13.4.10.2 South Korea Connected Worker Market By Technology
13.4.10.3 South Korea Connected Worker Market By Deployment
13.4.10.4 South Korea Connected Worker Market By End-User
13.4.11 Vietnam
13.4.11.1 Vietnam Connected Worker Market By Component
13.4.11.2 Vietnam Connected Worker Market By Technology
13.4.11.3 Vietnam Connected Worker Market By Deployment
13.4.11.4 Vietnam Connected Worker Market By End-User
13.4.12 Singapore
13.4.12.1 Singapore Connected Worker Market By Component
13.4.12.2 Singapore Connected Worker Market By Technology
13.4.12.3 Singapore Connected Worker Market By Deployment
13.4.12.4 Singapore Connected Worker Market By End-User
13.4.13 Australia
13.4.13.1 Australia Connected Worker Market By Component
13.4.13.2 Australia Connected Worker Market By Technology
13.4.13.3 Australia Connected Worker Market By Deployment
13.4.13.4 Australia Connected Worker Market By End-User
13.4.14 Rest of Asia-Pacific
13.4.14.1 Rest of Asia-Pacific Connected Worker Market By Component
13.4.14.2 Rest of Asia-Pacific Connected Worker Market By Technology
13.4.14.3 Rest of Asia-Pacific Connected Worker Market By Deployment
13.4.14.4 Rest of Asia-Pacific Connected Worker Market By End Use
13.5 Middle East & Africa
13.5.1 Trend Analysis
13.5.2 Middle East
13.5.2.1 Middle East Connected Worker Market By Country
13.5.2.2 Middle East Connected Worker Market By Component
13.5.2.3 Middle East Connected Worker Market By Technology
13.5.2.4 Middle East Connected Worker Market By Deployment
13.5.2.5 Middle East Connected Worker Market By End-User
13.5.2.6 UAE
13.5.2.6.1 UAE Connected Worker Market By Component
13.5.2.6.2 UAE Connected Worker Market By Technology
13.5.2.6.3 UAE Connected Worker Market By Deployment
13.5.2.6.4 UAE Connected Worker Market By End-User
13.5.2.7 Egypt
13.5.2.7.1 Egypt Connected Worker Market By Component
13.5.2.7.2 Egypt Connected Worker Market By Technology
13.5.2.7.3 Egypt Connected Worker Market By Deployment
13.5.2.7.4 Egypt Connected Worker Market By End-User
13.5.2.8 Saudi Arabia
13.5.2.8.1 Saudi Arabia Connected Worker Market By Component
13.5.2.8.2 Saudi Arabia Connected Worker Market By Technology
13.5.2.8.3 Saudi Arabia Connected Worker Market By Deployment
13.5.2.8.4 Saudi Arabia Connected Worker Market By End-User
13.5.2.9 Qatar
13.5.2.9.1 Qatar Connected Worker Market By Component
13.5.2.9.2 Qatar Connected Worker Market By Technology
13.5.2.9.3 Qatar Connected Worker Market By Deployment
13.5.2.9.4 Qatar Connected Worker Market By End-User
13.5.2.10 Rest of Middle East
13.5.2.10.1 Rest of Middle East Connected Worker Market By Component
13.5.2.10.2 Rest of Middle East Connected Worker Market By Technology
13.5.2.10.3 Rest of Middle East Connected Worker Market By Deployment
13.5.2.10.4 Rest of Middle East Connected Worker Market By End-User
13.5.3 Africa
13.5.3.1 Africa Connected Worker Market By Country
13.5.3.2 Africa Connected Worker Market By Component
13.5.3.3 Africa Connected Worker Market By Technology
13.5.3.4 Africa Connected Worker Market By Deployment
13.5.3.5 Africa Connected Worker Market By End-User
13.5.3.6 Nigeria
13.5.3.6.1 Nigeria Connected Worker Market By Component
13.5.3.6.2 Nigeria Connected Worker Market By Technology
13.5.3.6.3 Nigeria Connected Worker Market By Deployment
13.5.3.6.4 Nigeria Connected Worker Market By End-User
13.5.3.7 South Africa
13.5.3.7.1 South Africa Connected Worker Market By Component
13.5.3.7.2 South Africa Connected Worker Market By Technology
13.5.3.7.3 South Africa Connected Worker Market By Deployment
13.5.3.7.4 South Africa Connected Worker Market By End-User
13.5.3.8 Rest of Africa
13.5.3.8.1 Rest of Africa Connected Worker Market By Component
13.5.3.8.2 Rest of Africa Connected Worker Market By Technology
13.5.3.8.3 Rest of Africa Connected Worker Market By Deployment
13.5.3.8.4 Rest of Africa Connected Worker Market By End-User
13.6 Latin America
13.6.1 Trend Analysis
13.6.2 Latin America Connected Worker Market By Country
13.6.3 Latin America Connected Worker Market By Component
13.6.4 Latin America Connected Worker Market By Technology
13.6.5 Latin America Connected Worker Market By Deployment
13.6.6 Latin America Connected Worker Market By End-User
13.6.7 Brazil
13.6.7.1 Brazil Connected Worker Market By Component
13.6.7.2 Brazil Connected Worker Market By Technology
13.6.7.3 Brazil Connected Worker Market By Deployment
13.6.7.4 Brazil Connected Worker Market By End-User
13.6.8 Argentina
13.6.8.1 Argentina Connected Worker Market By Component
13.6.8.2 Argentina Connected Worker Market By Technology
13.6.8.3 Argentina Connected Worker Market By Deployment
13.6.8.4 Argentina Connected Worker Market By End-User
13.6.9 Colombia
13.6.9.1 Colombia Connected Worker Market By Component
13.6.9.2 Colombia Connected Worker Market By Technology
13.6.9.3 Colombia Connected Worker Market By Deployment
13.6.9.4 Colombia Connected Worker Market By End-User
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Connected Worker Market By Component
13.6.10.2 Rest of Latin America Connected Worker Market By Technology
13.6.10.3 Rest of Latin America Connected Worker Market By Deployment
13.6.10.4 Rest of Latin America Connected Worker Market By End-User
14. Company Profiles
14.1 Accenture
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Honeywell International Inc.
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Fujitsu Ltd.
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 Oracle Corp
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 Tata Consultancy Services
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 Avnet Inc.
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Wearable Technology Limited.
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Amadeus
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 TELUS
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 3M Company
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
14.11 Global Bio-Chem Technology Group
14.11.1 Company Overview
14.11.2 Financial
14.11.3 Products/ Services Offered
14.11.4 SWOT Analysis
14.11.5 The SNS View
14.12 Huntsman Corporation
14.12.1 Company Overview
14.12.2 Financial
14.12.3 Products/ Services Offered
14.12.4 SWOT Analysis
14.12.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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