The global workforce management market size was USD 6.66 Billion in 2021 and is expected to register a revenue CAGR of 9.7% during the forecast period, according to latest analysis by Emergen Research. Growing competitiveness has resulted in better utilization of resources and planning for effective decision-making and increased production. Rapid adoption of automation and cloud-based tools for proper tracking and easy access of information, which enable reduced operational and labor costs, in addition to being time-effective, are some of the major factors driving growth of the market. Moreover, increased customer expectations with rapid growth of social media have led to implementation of workforce management solutions. According to a research, around 79% of contact leaders plan to invest in cloud-based Artificial Intelligence (AI) capabilities for.
The latest market intelligence report on the Workforce Management market aims at exploring the unknown and coming up with solutions to the potential threats and challenges faced by the Workforce Management market for the forecast period, 2022 – 2030. The research methodologies used for evaluating the Workforce Management market are inventive and also provides enough evidence on the demand and supply status, production capability, import and export, supply chain management and investment feasibility.
Leading Companies of the Workforce Management Industry and Profiled in the Report are:
Oracle, UKG Inc., SAP, Workforce Software, LLC., Workday, Inc., ADP, Inc., Ceridian HCM, Inc., ATOSS Software AG, Paylocity, and Visier, Inc.
Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.
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Radical Highlights of the Workforce Management Market Report:
- Comprehensive overview of the Workforce Management market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Workforce Management market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Emergen Research has segmented the global workforce management market based on component, deployment, organization size, application, end-use, and region:
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Component Outlook (Revenue, USD Billion; 2019-2030)
- Services
- Software
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Deployment Outlook (Revenue, USD Billion; 2019-2030)
- On-premise
- Cloud
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Organization Size Outlook (Revenue, USD Billion; 2019-2030)
- Large Enterprises
- Small and Medium Enterprises
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Application Outlook (Revenue, USD Billion; 2019-2030)
- Workforce Scheduling
- Workforce Analytics
- Time and attendance management
- Others
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End-use Outlook (Revenue, USD Billion; 2019-2030)
- Banking, Financial Services and Insurance (BFSI)
- Retail
- Government
- Education
- Telecom and IT
- Manufacturing
- Others
Regional Analysis:
The report sheds light on the region expected to dominate the Workforce Management market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Workforce Management market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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About Us:
At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
