Safety And Productivity Solutions Market Is Witnessing Massive Growth With Pricewaterhousecoopers (Pwc) Launching A New Platform To Provide A Real-Time View Of Workforce Productivity And Risk Exposure

Safety and Productivity Solutions Market


 Safety and productivity solutions are designed to provide services across the entire gamut of products, services, and environments. Most commonly, they are applied to enhance the safety and efficiency of manufacturing facilities, where Productivity Solutions is utilizing to eliminate bottlenecks and cost-effective ways of enhancing production, productivity, efficiency, and operational procedures. These solutions are implemented in such a way that the machinery and other infrastructure of a facility are maintained in optimum conditions

Growing focus by organizations on enhancing their productivity is expected to drive growth of the global safetyand productivity solutions market. Safety and productivity software solutions improve workplace safety, productivity, and asset performance of an organization. Many organizations across the globe have started adopting such solutions, in order to provide optimum safety and boost the overall productivity of the entire operation. Key players in the market are focused on launching advanced software solutions, in order to cater to rising demand. For instance, in May 2017, Honeywell International Inc., a U.S.-based company launched Honeywell Sotera, a new comprehensive safety software platform to support rapid growth of the industrial worker solutions portfolio. Furthermore, in July 2020, Cority, a provider of environmental, health, safety, and quality (EHSQ) software introduced two new, rapidly deployable solutions to support businesses manage operational risks and boost productivity during COVID-19. Hence, these factors are expected to drive growth of the global safety and productivity solutions market. Furthermore, growing focus on achieving operational excellence is expected to boost the global safety and productivity solutions market growth in the near future. 

However, lack of awareness of the benefits of these software solutions among organizations is expected to hamper the global safety and productivity solutions market growth in the near future. Among regions, North America is expected to witness significant growth in the global safety and productivity solutions market. This is owing to rapid growth of the IT sector in the region. Furthermore, Asia Pacific is expected to register a robust growth rate, owing to increasing urbanization in the region. 

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