Global Workplace Safety Market Size, Share, Trends, Demand, Growth and Competitive Analysis 2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Workplace Safety Market Industry (2024-2030):

According to the latest report, 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. The report demonstrates the prominent factors propelling the exponential growth of the Global Workplace Safety Market.


Key Takeaways: Beneficial for Stakeholders and Clients

·        Historic Period: 2019-2022

·        Base year: 2023

·        Forecast Years: 2024-2030

·        CAGR (2024-30): 15.1%

·        Market Value (2023): 14.9 Billion

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What are the major Driver the Global Workplace Safety Market industry?

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.

Global Workplace Safety Market Segmentation

The Global Workplace Safety Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • 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

As per the regional aspect, the Global Workplace Safety Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report- https://www.marknteladvisors.com/research-library/workplace-safety-market.html

Top Companies in the Global Workplace Safety Market

IBM, Honeywell, 3M, Hexagon AB, Appian, Microsoft, Bosch, Cority, Wolters Kluwer, Intelex, HCL Technologies, Amazon Web Services, Hitachi Solutions, Vector Solutions, HIS and others

Global Workplace Safety Industry Recent Development:


  • 2022: Cority has recently unveiled two innovative solutions aimed at assisting organizations in navigating the digital transformation of their EHS programs. These solutions include Cority's Learning Management Solution and Cority Academy. By leveraging the new learning management solution, organizations can effectively engage and empower their employees with dynamic, data-driven EHS training that caters to their specific needs. This initiative reflects Cority's commitment to providing comprehensive support for organizations undergoing digital transformation.

 

  • 2022: Honeywell has introduced the Honeywell Safety Watch, a durable real-time location solution (RTLS) specifically developed for industrial operations. This solution is integrated with Honeywell OneWireless infrastructure & provides advanced functionalities, such as extended battery life, increased transmission range, and a business rule engine. These features aim to enhance safety, compliance, and productivity in Industry 4.0 environments.
Other reports: 

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