Connect with us

Hi, what are you looking for?

The Freedom RightThe Freedom Right

Editor's Pick

The number of lone workers using connected safety solutions in Europe and North America reached 1.5 million in 2022

According to a new research report from the analyst firm Berg Insight, the market value for lone worker protection solutions and services in Europe and North America reached € 120 million and € 75 million respectively in 2022.

In Europe and North America, the market value is anticipated to grow to € 150 million and € 105 million respectively by 2027.

Berg Insight estimates that the user base of lone worker safety solutions in Europe and North America was 1.5 million at the end of 2022. In Europe, the number of users is forecasted to grow at a CAGR of 7.4 percent from 985,000 at the end of 2022 to reach over 1.4 million at the end of 2027. The North American market is anticipated to grow by a CAGR of 13.1 percent, from 505,000 users at the end of 2022 to 935,000 users at the end of 2027.

The lone worker safety solutions market in Europe and North America is served by various companies offering hardware devices, software solutions and alarm monitoring and response services. The majority of the solution providers on the market today focus on software services and only a few companies also develop dedicated lone worker devices and operate their own Alarm Receiving Centre.

The UK market is the largest and most mature lone worker market in Europe and North America, followed by the Canadian market. Legislation specifically addressing the safety of lone workers has fostered growth in these two countries. Many of the largest vendors of lone worker protection devices and services also originate from these regions. Leading players in the UK include PeopleSafe, Totalmobile, StaySafe, PanicGuard, Orbis Protect, SoloProtect, Reliance High-Tech, Vismo, Vatix and Oysta Technology.

Leading vendors in Canada are Tsunami Solutions, Blackline Safety and Aware360. Additional vendors in Europe and North America include Beepiz, Uepaa, AddSecure, Adresys, Becklar, Secure2Go, Crystal Alarm, Cuebly, First2HelpYou, LONEALERT, Pick Protection, AlertGPS, Becklar, Track24, Neovigie, OnGuard, Intellinium, Safepoint, Vecima Networks, Traxxs, Terracom and My Angel.

A number of companies focus on developing lone worker protection devices that can be used by solution providers, including ACR Electronics, Amigo Alarm, Garmin, Globalstar, MAGNETA, SAVV, Scandinavian Radio Technology, Teltonika, Twig Com and ZOLEO.

“The lone worker safety solution market in Europe and North America continues to grow as more companies and organisations understand the value these solutions bring”, says Martin Backman, Principal Analyst at Berg Insight.

The main drivers for adoption are new lone worker safety regulations, higher employee insurance costs, greater awareness of the risks that lone workers face, as well as a better understanding of efficiency benefits associated with lone worker protection services.

Mr. Backman continues:

“The transition to app-based solutions continues in both Europe and North America as the cost of implementation is significantly lower compared to dedicated lone worker devices”

In the past few years, a number of new satellite communicator devices that can be paired with smartphones have been launched. These make it possible for workers to use the lone worker app also outside of cellular network coverage.

Download report brochure: Lone Worker Safety Solutions

The post The number of lone workers using connected safety solutions in Europe and North America reached 1.5 million in 2022 appeared first on IoT Business News.

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock

    A second delivery driver has died in Texas amid record-high temperatures, just as the regulation of workplace heat safety enters a new legal limbo...

    Editor's Pick

    By the IoT Analytics team. A new report from IoT Analytics highlights eight notable trends helping to advance and promote digital twins. Four of...

    Investing

    Vermont Sen. Bernie Sanders, 81, defended President Biden, 80, against voter critiques that he lacks the energy and vigor to continue leading the United...

    Investing

    Political advisers to both President Biden and Vice President Harris were reportedly annoyed with Democrat California Gov. Gavin Newsom over a planned debate with...

    Disclaimer: thefreedomright.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2020-2024 The Freedom Right. All Rights Reserved