Global Market Analysis of Lone Worker Panic Buttons
Lone Worker Panic Buttons are a subset of personal safety devices that focus on protecting workers who operate alone or remotely. They can range from standalone technology and tools to downloadable apps that operate on portable existing devices like smartphones or tablets.
Zello, a popular push-to-talk voice "walkie talkie" messaging app that counts Restoration Hardware and Uniqlo among its customers, recently announced an emergency panic button feature for its platform. The addition could save lives.
Geographical Analysis
The global market for lone worker panic buttons is driven by strict occupational safety regulations in Europe and North America. These devices allow staff to quickly and discreetly notify emergency responders of a crisis situation by pressing a button or setting a timed session.
Often, a hands-free device has a GPS location capability that can be used to locate the employee and direct law enforcement to the exact threat. Some devices also feature man down alerts that can be triggered remotely and check-in functionality to ensure the safety of remote workers.
In the report, the market share analysis offers an idea of vendors’ performance in the industry based on their revenue generation and customer base compared to others. This information can help buyers decide the best strategy to adopt in order to strengthen their position in the industry. In addition, the report includes an Ansoff matrix that provides a useful tool for designing strategies that maximize growth and minimize risks.
Key Players
According to a recent Berg Insight report, the market value for lone worker protection solutions and services reached EUR 100 million in Europe and EUR 65 million in North America in 2021. This market is dominated by a few companies that offer a complete end-to-end solution with hardware devices, software solutions and alarm monitoring and response services.
Lone Worker Panic Button Devices allow workers to quickly request assistance if they encounter a situation where their safety is at risk. This may be in the form of a physical assault, an accident at work or even a man down event.
Some employers also provide their employees with licensed psychological support and services. This is to help them overcome the stress and anxiety associated with working alone. Besides this, some employers equip their employees with a lone worker panic button device like the Tunstall Gem4, which has a built-in fall detector, GPS tracking and a number of other features that allow them to quickly contact staff or emergency services in case of an accident or attack.
Key Trends
Lone workers such as hotel employees, healthcare and social care providers, and security guards are often secluded from colleagues or co-workers, which can make them vulnerable. lone worker alarm australia A panic button can help to keep lone employees safe by giving them the means to contact emergency medical system personnel.
Many of these devices work in conjunction with a smartphone app to automatically call for assistance. For instance, AlertMedia’s hands-free lone worker safety solution works in conjunction with an employee’s mobile phone to signal for help when they are in danger. The device uses GPS to geofence an area, so that employers are notified if an employee crosses the boundary.
The report’s FPNV Positioning Matrix helps vendors assess their own performance against the market, with analysis that examines key metrics within Business Strategy and Product Satisfaction. The report also provides short-term recommendations for the market. It does so by evaluating vendor performances using various methodologies such as Porter’s five forces and the Ansoff matrix.
Future Prospects
Lone worker safety devices are gaining popularity as employees across all industries and regions realise the importance of their own safety. Increasing investments in the infrastructure sector, rising awareness about worker safety and technological advances are expected to boost market growth in the coming years.
In addition, a growing number of workers are switching to app-based solutions that allow them to use their smartphone as a lone worker alarm device. These apps are less expensive than dedicated lone worker devices and provide an easy way for employees to contact their employer in the event of a dangerous situation or workplace accident.
Employees working alone face unique dangers because they are secluded from colleagues who can offer help if needed. It is vital that businesses carry out a risk assessment to ensure their lone workers have access to the equipment they need to stay safe. Employers should also consider promoting the use of these safety products to guests, customers and co-workers, as they are more likely to act appropriately in situations of aggression or inappropriate behavior if they know help is just moments away.