Increase in adoption of IoT based connected device, government stringent policies for safe guarding operators, increased worker safety, resource optimization, reduction in operating cost, greater decision support functionality, revolutionize the industrial workplace, generating new intelligence insights, and greater decision support functionality propel growth of the smart worker market.
However, high investments in deployment of smart worker and lack of awareness of technological among the organization might hinder growth of the market. Moreover, further technology advancements are expected to offer multiple opportunities for this market.
Smart worker offers multiple benefits such as adoption of mobile apps, energy management solutions, advanced analytics, and smart solutions to derive insights from asset- and operations-related data, increase efficiency, and establish an environment, health and safety (EHS) management system and hence thus increase the efficiency and productivity of the service with the addition of reduced operational cost, thus making a major driving factor for this smart worker market.
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One of the major challenges faced by multiple organizations is the high investment required in the implementation and configuration of smart worker solutions. As the current infrastructure required to change with the addition of extra IoT devices required to configuration the smart work and thus increases the investment cost.
Hence major small and medium enterprises are still hesitating to adopt the smart worker in their organization and thus hindering the smart worker market growth.
Wearable tech, AR, and Internet of Things are some of the technological advancements which will further enhance the smart worker market. Small and medium enterprises are able to see the advantages offered by this market and hence would certainly try to take full advantage of this future trend.
In addition, new industries will develop mobile workforces, while longstanding industries such as healthcare will continue to expand into new field services. All will be driven by new advances in technology that solve unique business problems.
Key benefits of the report:
- This study presents the analytical depiction of the global smart worker market archiving industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global smart worker market share.
- The current market is quantitatively analyzed from 2019 to 2027 to highlight the global smart worker market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the smart worker market.
- The report provides detailed smart worker market analysis based on competitive intensity and how the competition will take shape in coming years.
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