Increased Value in the Connected Labor Forces Market at 23.9%
The connected worker market is poised for significant growth in the coming years, with Europe and Asia Pacific leading the charge. This growth is driven by advancements in technology, such as 5G, IoT, and portable mobile internet solutions, like MiFi devices.
Projected Growth
The IoT market, a cornerstone of connected worker solutions, is projected to reach a staggering USD 3.35 trillion by 2030, growing at a CAGR of 26.1% from 2026 to 2030 [2]. The 5G core market, essential for enhancing connectivity, is expected to reach an impressive USD 9.49 trillion by 2025 [2]. The MiFi market, crucial for ensuring on-the-go connectivity, is projected to reach USD 29.1 billion by 2034, growing at a CAGR of 23.6% from 2025 to 2034 [4]. Even ergonomic and office-related connected worker software markets are expanding, growing at a CAGR of 13.3% to reach USD 519.51 million by 2034 [1].
Economic and Industry Impacts
The manufacturing sector stands to benefit significantly from connected worker technologies, with their reliance on automation and real-time operational data. By integrating IoT, 5G, and data-driven solutions, manufacturers can improve efficiency, safety, and predictive maintenance, leading to reduced downtime, optimized workflows, and data-driven decision-making [2].
In the construction industry, connectivity solutions enable real-time communication between teams, remote monitoring of worksites, and access to critical data streams on mobile devices. High adoption of MiFi and IoT devices helps overcome connectivity limitations at remote sites, leading to safer, more efficient construction processes [4][2].
More broadly, the trend towards a hyper-connected world integrates these technologies to drive creativity, international collaboration, and efficiency across industries, thereby boosting global economic output substantially [2].
Summary
By 2034, the connected worker market, fuelled by IoT, 5G, and mobile connectivity, is projected to grow robustly, stimulating multi-trillion-dollar markets globally and transforming industries like manufacturing and construction through improved communication, safety, and productivity. This shift will contribute meaningfully to the global economy’s evolution towards a hyper-connected fabric of work and innovation [2][4][1].
Companies in remote workforce solutions can capitalise on connected worker technologies to cater to businesses adopting hybrid work models. In manufacturing and construction, connected worker solutions help improve workflow efficiency and employee safety, reducing overall operational costs. A new AR-based connected worker platform was introduced in 2024 to improve training and on-site assistance [5].
Industries adopting connected worker solutions are seeing improved operational workflows, faster decision-making, and reduced downtime. The rise in connected worker technology adoption is driven by advancements in IoT, 5G, and augmented reality (AR). The growth of the connected worker market contributes to economic growth by increasing employment in the technology and support sectors. There is increasing demand for software platforms that integrate connected worker solutions with existing enterprise systems [3].
[1] Grand View Research [2] MarketsandMarkets [3] ResearchAndMarkets [4] Mordor Intelligence [5] TechCrunch
- The expansion of the connected worker market, with its focus on IoT, 5G, and mobile connectivity, will stimulate the growth of personal-finance markets, as increased employment in the technology and support sectors creates opportunities for investing in these industries.
- With the projected growth of the connected worker market, technology companies specializing in data-and-cloud-computing stand to benefit from demand for software platforms that integrate connected worker solutions with existing enterprise systems.
- As shopping behaviors evolve towards online platforms and mobile devices due to the proliferation of connectivity solutions, retail businesses must adapt their lifestyles and focus on providing seamless, on-the-go shopping experiences to stay competitive.
- In the home-and-garden sector, advancements in IoT and 5G technologies can lead to the development of innovative connected devices, enhancing the smart home experience and opening new avenues for investment in this growing market.
