Workplace Safety Market
Workplace Safety Market Size, Share & Trends Analysis Report by Component (Hardware, Software, and Services), by System Type (Environmental Health and Safety, Access Control and Surveillance System, Real-Time Location Monitoring, and Others), by Deployment (On-Premises, and Cloud), and by Application (Incident and Emergency Management, Asset Tracking and Management, Personal Protective Equipment Detection, and Others) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Workplace safety market is anticipated to grow at a CAGR of 10.1% during the forecast period. The growing initiatives by start-ups coupled with the installation of alert system in workplace across the globe is the major factor driving the growth of the market. For instance, in April 2022, SpaceBands, the UK software, and wearable tech startup is shifting from social distancing devices to workplace safety devices. The company announced to launch a work safety device in the market. The device will be similar in design to a smartwatch, the device will monitor and alert employers about potential workplace hazards. The device will also offer real-time and consistent safety checks of both the workplace environment and employee health.
Moreover, start-up companies are inclined to launch solution to cater the demand. For instance, in June 2020, Zenatix Solutions Pvt. Ltd, an IoT-based automation & asset management solutions startup launched ZenMonitor, COVID-19 solution. This solution enable organizations to resume operations safely while offering real-time monitoring and alert system to ensure safety at the workplace. In addition, ZenMonitor is a body temperature detecting solution for the organization with a large number of employees who typically are not screened for fever at workspaces. The solution includes a cloud-connected armband that transmits real-time body temperature data to the cloud via the person’s mobile phone and alerts the organization of persons having a fever.
Segmental Outlook
The global workplace safety market is segmented based on the component, system type, deployment, and application. Based on the component, the market is sub-segmented into hardware, software, and services. Based on the system type, the market is sub-segmented into environmental health and safety, access control and surveillance system, real-time location monitoring, and others. Based on the deployment, the market is further sub-segmented into on-premises, and cloud. Based on the application, the market is augmented into incident and emergency management, asset tracking and management, personal protective equipment detection, and others. Among these, incident and emergency management sub-segment is expected to grow during the forecast period owing to increasing need for solutions to capture, track, report and analyze incidents and accidents.
Among these, the software segment is expected to hold a considerable share in the market due to the changing organization’s requirements and behavior which are pushing key players to launch software-based solutions which will improve the organization’s satisfaction and experience. For instance, in October 2020, ITCube solutions Pvt Ltd. launched QualCon, a cloud-based solution designed to elevate the standards of workplace inspection and safety management. The software featuring with a user-friendly interface, and health, safety and environment (HSE) solution that enables KPI-based reporting, real-time dashboards, and others.
Regional Outlooks
The global workplace safety market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. North America is expected to hold a considerable share in the workplace safety market during the forecast period, owing to the increasing integration of technologies such as smart sensors in Canada, and other countries.
Global Workplace Safety Market Growth, by Region 2022-2028
North America is Expected to Hold a Significant Share of the Global Workplace Safety Market
Among all regions, North America is expected to hold a significant market share during the forecast period. The presence of workplace safety market players such as IBM Corp., Honeywell International Inc., 3M Co., Hexagon's Safety, and others are accelerating the growth of the market. Key players are contributing to the market growth by the adopting collaboration strategy to stay competitive in the market. For instance, in October 2020, Honeywell International Inc. collaborated with Wolters Kluwer N.V., a risk and environmental, health, and safety management software company. The collaboration enables enterprises to improve their risk, safety, and operational excellence programs offering.
Market Players Outlook
The major companies serving the global workplace safety market include IBM Corp., Honeywell International Inc., 3M Company, Hexagon's Safety, Infrastructure & Geospatial division, Robert Bosch Middle East FZE, Cority and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2020, Hexagon AB (Hexagon) acquired PAS Global, LLC, the OT Integrity company. Through this acquisition, the company offers software solutions such as real-time situation awareness in office, cybersecurity risk management, industrial digital transformations, and other solutions to provide workplace safety.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global workplace safety market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
4. Market Segmentation
4.1. Global Workplace Safety Market by Component
4.1.1. Hardware
4.1.2. Software
4.1.3. Services
4.2. Global Workplace Safety Market by System Type
4.2.1. Environmental Health and Safety
4.2.2. Access Control and Surveillance System
4.2.3. Real-Time Location Monitoring
4.2.4. Others (Personal Safety and Public Safety)
4.3. Global Workplace Safety Market by Deployment
4.3.1. On-Premises
4.3.2. Cloud
4.4. Global Workplace Safety Market by Application
4.4.1. Incident and Emergency Management
4.4.2. Asset Tracking and Management
4.4.3. Personal Protective Equipment Detection
4.4.4. Others
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. 3M Co.
6.2. Appian Corporation Inc.
6.3. Cegid
6.4. Celerant Technology Corp.
6.5. Clover Network Inc.
6.6. Cority
6.7. Hexagon's Safety, Infrastructure & Geospatial division
6.8. Honeywell International Inc.
6.9. IBM Corp.
6.10. Intelex Technologies
6.11. Microsoft
6.12. Robert Bosch Middle East FZE (Bosch Building Technologies)
6.13. Wolters Kluwer N.V.
6.14. EPOS NOW (epos Inc.)
6.15. ERPLY
6.16. FuturePOS, LLC
6.17. Kounta Holdings Pty Ltd.
6.18. NCR Corp.
1. GLOBAL WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
2. GLOBAL WORKPLACE SAFETY HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL WORKPLACE SAFETY SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL WORKPLACE SAFETY SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2021-2028 ($ MILLION)
6. GLOBAL WORKPLACE ENVIRONMENTAL HEALTH AND SAFETY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL WORKPLACE ACCESS CONTROL AND SURVEILLANCE SYSTEM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL WORKPLACE REAL-TIME LOCATION MONITORING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL WORKPLACE OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
11. GLOBAL ON-PREMISES WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL CLOUD-BASED WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION
13. GLOBAL WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
14. GLOBAL WORKPLACE SAFETY FOR INCIDENT AND EMERGENCY MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL WORKPLACE SAFETY FOR ASSET TRACKING AND MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL WORKPLACE SAFETY FOR PERSONAL PROTECTIVE EQUIPMENT DETECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL WORKPLACE SAFETY FOR OTHER APPLICATIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
18. GLOBAL WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
19. NORTH AMERICAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. NORTH AMERICAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
21. NORTH AMERICAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2021-2028 ($ MILLION)
22. NORTH AMERICAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
23. NORTH AMERICAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
24. EUROPEAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. EUROPEAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
26. EUROPEAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2021-2028 ($ MILLION)
27. EUROPEAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
28. EUROPEAN WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
30. ASIA-PACIFIC WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
31. ASIA-PACIFIC WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2021-2028 ($ MILLION)
32. ASIA-PACIFIC WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
33. ASIA-PACIFIC WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
34. REST OF THE WORLD WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
35. REST OF THE WORLD WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
36. REST OF THE WORLD WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY SYSTEM TYPE, 2021-2028 ($ MILLION)
37. REST OF THE WORLD WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2021-2028 ($ MILLION)
38. REST OF THE WORLD WORKPLACE SAFETY MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. GLOBAL WORKPLACE SAFETY MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
2. GLOBAL WORKPLACE SAFETY HARDWARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL WORKPLACE SAFETY SOFTWARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL WORKPLACE SAFETY SERVICES MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL WORKPLACE SAFETY MARKET SHARE BY SYSTEM TYPE, 2021 VS 2028 (%)
6. GLOBAL WORKPLACE ENVIRONMENTAL HEALTH AND SAFETY MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL WORKPLACE ACCESS CONTROL AND SURVEILLANCE SYSTEM MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL WORKPLACE REAL-TIME LOCATION MONITORING MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL WORKPLACE OTHERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL WORKPLACE SAFETY MARKET SHARE BY DEPLOYMENT, 2021 VS 2028 (%)
11. GLOBAL ON-PREMISES-BASED WORKPLACE SAFETY MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL CLOUD-BASED WORKPLACE SAFETY MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL WORKPLACE SAFETY MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
14. GLOBAL WORKPLACE SAFETY FOR INCIDENT AND EMERGENCY MANAGEMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
15. GLOBAL WORKPLACE SAFETY FOR ASSET TRACKING AND MANAGEMENT MARKET SHARE BY REGION, 2021 VS 2028 (%)
16. GLOBAL WORKPLACE SAFETY FOR PERSONAL PROTECTIVE EQUIPMENT DETECTION MARKET SHARE BY REGION, 2021 VS 2028 (%)
17. GLOBAL WORKPLACE SAFETY FOR OTHER APPLICATIONS MARKET SHARE BY REGION, 2021 VS 2028 (%)
18. GLOBAL WORKPLACE SAFETY MARKET SHARE BY REGION, 2021 VS 2028 (%)
19. US WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
20. CANADA WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
21. UK WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
22. FRANCE WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
23. GERMANY WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
24. ITALY WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
25. SPAIN WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF EUROPE WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
27. INDIA WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
28. CHINA WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
29. JAPAN WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
30. SOUTH KOREA WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF ASIA-PACIFIC WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD WORKPLACE SAFETY MARKET SIZE, 2021-2028 ($ MILLION)
