The global workplace safety market size is projected to grow from $15.7 billion in 2023 to $30.3 billion by 2028 at a Compound Annual Growth Rate (CAGR) of 14.0% during the forecast period.
The increasing recognition of the importance of employee well-being fuels the growth of the workplace safety market. This shift is driven by a proactive approach inspired by NIOSH's Total Worker Health concept, emphasizing prevention-focused programs and education. Additionally, strict regulations from entities such as OSHA and global organizations like the ILO further propel the adoption of safety solutions.
Furthermore, the rising awareness prompts organizations to invest in innovative technologies, including IoT-enabled sensors and wearable devices, showcasing a commitment to safety and operational efficiency. Moreover, the influence of cloud technology, particularly through software-as-a-service models, optimizes cost and budgetary compliance, contributing significantly to the continued expansion of the global workplace safety market.
Top Workplace Safety Companies include :
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IBM (US)
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Honeywell (US)
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3M (US)
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Hexagon AB (Sweden)
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Appian (US)
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Microsoft (US)
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Bosch (Germany)
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Cority (Canada)
These companies play a crucial role in providing innovative solutions and technologies to ensure workplace safety, helping organizations create safer and healthier work environments for their employees.
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IBM (US):
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IBM offers Watson Safety solutions that leverage AI and analytics to improve workplace safety by predicting and preventing incidents, identifying hazards, and ensuring compliance with regulations.
Honeywell (US):
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Honeywell provides a range of safety solutions, including personal protective equipment (PPE), gas detection systems, and industrial automation technologies, aimed at enhancing workplace safety and productivity.
3M (US):
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3M manufactures a variety of safety products such as respirators, earplugs, safety glasses, and fall protection equipment, helping workers stay safe in diverse industrial environments.
Hexagon AB (Sweden):
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Hexagon offers workplace safety solutions through its Safety & Infrastructure division, providing software for incident management, emergency response, and risk analysis to ensure a safe working environment.
Appian (US):
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Appian's low-code automation platform enables organizations to streamline safety processes, automate workflows, and manage incidents effectively, ensuring compliance with safety regulations and standards.
Microsoft (US):
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Microsoft offers workplace safety solutions through its Azure cloud platform, leveraging IoT, AI, and data analytics to monitor environmental conditions, detect hazards, and improve overall safety performance.
Bosch (Germany):
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Bosch provides a range of safety technologies for industrial and commercial applications, including video surveillance, access control systems, and emergency communication solutions, enhancing workplace safety and security.
Cority (Canada):
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Cority offers comprehensive safety management software for occupational health, safety, and environmental compliance, enabling organizations to manage risks, incidents, and regulatory requirements effectively.
Wolters Kluwer (Netherlands):
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Wolters Kluwer offers software solutions for regulatory compliance and risk management, including workplace safety and health management systems, helping organizations ensure compliance with safety regulations and standards.
Intelex (Canada):
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Intelex provides a comprehensive suite of EHSQ (Environment, Health, Safety, and Quality) software solutions, including incident management, risk assessment, and training management, empowering organizations to improve workplace safety and operational excellence.
HCL Technologies (India):
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HCL Technologies offers workplace safety solutions leveraging digital technologies such as IoT, AI, and analytics to enhance safety performance, manage risks, and optimize safety processes for organizations worldwide.
HIS (US):
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HIS specializes in providing occupational health and safety software solutions, including incident reporting, safety training, and compliance management systems, enabling organizations to maintain a safe and healthy work environment.
Vector Solutions (US):
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Vector Solutions offers a suite of safety training and compliance solutions for industries such as construction, manufacturing, and healthcare, helping organizations train employees on safety procedures and ensure regulatory
Related Reports:
Workplace Safety Market by Component (Hardware, Software & Services), System (Real-Time Location Monitoring, Environmental Health & Safety, Access Control & Surveillance System), Application, Deployment Mode, End User and Region - Global Forecast to 2028