Workplace Safety Market Overview and Insights:
According to Markntel Advisors Report, Workplace Safety Market size was valued at USD 14.9 billion in 2023 and is estimated to grow at a CAGR of around 15.1% during the forecast period, i.e., 2024-30.
Workplace Safety Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.
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Industry Growth Driver:
Rising Workplace Safety Concerns Due to Increasing Incidents of Injuries & Life Losses – The prioritization of workplace safety has become increasingly important for organizations as they recognize the significance of taking a proactive approach to injury prevention & treatment, reflecting their commitment to the well-being of their employees. The severity of the situation becomes even more evident when taking into account the data provided by the National Safety Council, which reveals that a worker gets injured on the job every seven seconds.
What is Included in Workplace Safety Market Segmentation?
The report has segmented the market into the following categories:
By Component
– Hardware- Market Size & Forecast 2019-2030, (USD Million)
– – Safety Sensors- Market Size & Forecast 2019-2030, (USD Million)
– – RFID Tags & Readers- Market Size & Forecast 2019-2030, (USD Million)
– – Wearables- Market Size & Forecast 2019-2030, (USD Million)
– Software- Market Size & Forecast 2019-2030, (USD Million)
– Services- Market Size & Forecast 2019-2030, (USD Million)
By System
– Real-time location monitoring- Market Size & Forecast 2019-2030, (USD Million)
– Environmental Health & Safety- Market Size & Forecast 2019-2030, (USD Million)
– Access Control & Surveillance System- Market Size & Forecast 2019-2030, (USD Million)
– Others- Market Size & Forecast 2019-2030, (USD Million)
By Application
– Incident & Emergency Management- Market Size & Forecast 2019-2030, (USD Million)
– Asset Tracking & Management- Market Size & Forecast 2019-2030, (USD Million)
– PPE Detection- Market Size & Forecast 2019-2030, (USD Million)
– Personnel/Staff Tracking
By Deployment Mode
– Cloud- Market Size & Forecast 2019-2030, (USD Million)
– On-premises- Market Size & Forecast 2019-2030, (USD Million)
By End Use Industry
– Construction & Engineering- Market Size & Forecast 2019-2030, (USD Million)
– Chemicals & Materials- Market Size & Forecast 2019-2030, (USD Million)
– Government & Defense- Market Size & Forecast 2019-2030, (USD Million)
– Healthcare- Market Size & Forecast 2019-2030, (USD Million)
– Food & Beverage- Market Size & Forecast 2019-2030, (USD Million)
– Others- Market Size & Forecast 2019-2030, (USD Million)
The Healthcare Industry is poised to experience the fastest growth rate worldwide, driven by its ongoing expansion. As a crucial participant in providing healthcare services, this sector confronts various challenges, with workers facing numerous safety & health risks. Healthcare professionals navigate a multifaceted environment, dealing with potential exposure to chemicals & drugs as well as ergonomic hazards resulting from lifting & repetitive tasks. Moreover, with regulations & training programs being implemented, authorities focus on mitigating the risks.
By Region
– North America
– South America
– Europe
– The Middle East & Africa
– Asia-Pacific
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Who are the Key Players Operating in the Workplace Safety Industry?
The top companies of the Workplace Safety market ruling the industry are:
- IBM
- Honeywell
- 3M
- Hexagon AB
- Appian
- Microsoft
- Bosch
- Cority
- Wolters Kluwer
- Intelex
- HCL Technologies
- Amazon Web Services (AWS)
- Hitachi Solutions
- Vector Solutions
- HSI
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the Workplace Safety Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the Workplace Safety industry?
- Which is the Leading segment in the market?
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