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Global Workplace Safety Market (2020 to 2026) - by Component, System, Deployment Type, Application, End-use and Region


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The Global Workplace Safety Market size is expected to reach $21.3 billion by 2026, rising at a market growth of 10.6% CAGR during the forecast period. Workers safety has gained considerable attention due to the increasing safety concerns as a result of high number of causalities at the workplace. By adopting safety systems, it becomes possible to prevent these accidents.
The workplace safety systems safeguard the workers from several situations/scenarios that could potentially be fatal. Any explosion, falling from a height, low visibility, and high noise are included in these scenarios/situations. Strict occupational health & safety norms mandating unavoidable use of these systems in industries & offices and quick urbanization are the aspects that are expected to boost the adoption of the workplace safety systems market. ....

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Workplace Safety Market projected to reach $19.9 billion by 2025, with a remarkable CAGR of 10.4%

Workplace Safety Market projected to reach $19.9 billion by 2025, with a remarkable CAGR of 10.4%
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Workplace Safety Market projected to reach $19.9 billion by 2025, with a remarkable CAGR of 10.4%

Workplace Safety Market projected to reach $19.9 billion by 2025, with a remarkable CAGR of 10.4%
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Workplace Safety Market worth $19.9 billion by 2025 - Exclusive Report by MarketsandMarkets™


 by Component (Hardware, Software, and Services), System, Application (Incident and Emergency Management, Asset Tracking, PPE Detection), Deployment Mode, End-User (Industrial and Commercial), and Region - Global Forecast to 2025 ,
published by MarketsandMarkets™, the market size is expected to grow from USD 12.1 billion in 2020 to USD 19.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.4% during the forecast period.
The Workplace Safety Market is expected to be lucrative for technology vendors. It is also expected to witness substantial growth in the next five years due to mandates and guidelines posed by regulatory bodies such as OSHA, to increase safety in workplaces. Moreover, the growing surveillance industry, particularly in North America and Europe, would push companies to deploy or develop Workplace Safety solutions in the coming years. Furthermore, a high adoption rate is expected to be registered in APAC during the forecast period. ....

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