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Improving Human Reliability Across Enterprise Operations
As technological advancements, increased awareness around safety and processes, and the advent of Industry 5.0 sets the scene for industrial, energy and manufacturing sectors, the landscape is now demanding a quick departure from conventional solutions. The workforce, now comprising of more tech-savvy professionals, want programs built to enhance their capabilities, performance and decision-making powers. On the other hand, businesses desire outcome-centric solutions that drive ROI with reduced downtimes and increased profitability.
In January 2024, Business Research Insights reported that the global Connected Worker market is expected to touch USD 21698.09 million in 2031 from USD 6118.1 million in 2021, exhibiting a CAGR of 13.5% during the forecast period. Despite the challenges of an ageing workforce, rapid digitization and unexpected disruptions, the market is expected to grow at an exponential pace with businesses navigating solutions that enhance performance, productivity, and profitability.
This report developed in partnership with Honeywell and IQPC navigates the complexities of this landscape, recognizing that the Connected Worker is not just a technological solution but a strategic enabler for enhancing production support, reducing energy consumption, and optimizing operational costs.
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