Workplace Safety Market: Key Finding, Latest Industry Trends, Growth Status, Revenue and Forecast to 2030
According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Workplace Safety Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
The Global 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.
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Some of the major players operating in the Workplace Safety Market are IBM, Honeywell, 3M, Hexagon AB, Appian, Microsoft, Bosch, Cority, Wolters Kluwer, Intelex, HCL Technologies, Amazon Web Services, Hitachi Solutions, Vector Solutions, HIS and others.
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.
In response to these escalating numbers, the National Institute for Occupational Health (NIOSH) introduced the Total Worker Health concept, signifying a significant change in the industry towards a more comprehensive approach to employee well-being. This transformative initiative has shifted the focus of workplace safety efforts from merely identifying hazardous conditions to actively identifying risks for prevention-oriented programs. As a result, this surge is anticipated to propel the workplace safety market as organizations acknowledge the significance of safeguarding their workforce.
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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)
By Region
North America
South America
Europe
The Middle East & Africa
Asia-Pacific
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