Unlock Growth Opportunities in the $20.18 Billion Connected Worker Market - Trends, Use Cases & ROI

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• The global connected worker market is expected to reach USD 8.62 billion in 2025 and USD 20.18 billion by 2030, exhibiting a CAGR of 18.5% during the forecast period

  80% confidence

• 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust them to accelerate revenue growth

  80% confidence

• North America connected worker market accounted for a 36.8% revenue share in 2024

  80% confidence

• The hardware segment is expected to dominate the connected worker market during the forecast period

  80% confidence

• The manufacturing segment is expected to dominate the market

  80% confidence

• The 5G segment is projected to grow at the highest CAGR during the forecast period

  80% confidence

• The hardware segment held the largest share of the connected worker market in 2024

  80% confidence

• The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade

  80% confidence

• Training & skill development application is projected to grow at the fastest rate

  80% confidence

• Increasing government regulations and safety compliance requirements significantly boost the adoption of connected worker platforms

  80% confidence

• The IIoT segment is expected to dominate the market

  80% confidence

• Asia Pacific is expected to register the highest growth rate during the forecast period

  80% confidence

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