The global Workforce Management Market size is expected to grow from USD 2.44 billion in 2018 to USD 5.25 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.1% during the forecast period.The recently released Fortune Business Insights research on the Global Workforce Management Market survey report provides facts and statistics regarding market structure and size. Global Workforce Management Market Size 2024 Research report presents an in-depth analysis of the Global Market size, growth, share, segments, manufacturers, and forecast, competition landscape and growth opportunity. The research’s goal is to provide market data and strategic insights to help decision-makers make educated investment decisions while also identifying potential gaps and development possibilities.
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Companies Profiled in the Global Workforce Management Market:
- Kronos, Inc.
- Oracle Corporation
- SAP SE
- Automatic Data Processing, Inc.
- Workday, Inc.
- WorkForce Software, LLC.
- Ultimate Software
- Cornerstone OnDemand, Inc.
- IBM Corporation
- Verint
- Infor
- NetSuite, Inc.
Lack of Knowledge about WFM Software Tools to Hamper Growth
Managing and maintaining the productivity levels of human resources is an expensive undertaking for companies of all sizes. The Human Capital Management Institute estimates that 70% of an organization’s operating costs are eaten up by employee management tasks. In such a dire scenario, where reducing operational costs is the prime focus in the private sector, the demand for effective workforce management systems is rising as they offer numerous advantages for organizations. For instance, WFM software can empower managers to make more informed decisions due to better access to data. It would also enable managers to select the right person for the right job, ensuring efficiency in task performance. Unfortunately, awareness of these benefits is abysmally low, stemming from the adoption of these technologies, particularly among the small and medium enterprises (SMEs). This can put crippling limitations on the workforce management market growth during the forecast period.
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What exactly is included in the Report?
– Industry Trends and Developments: In this section, the authors of the research discuss the significant trends and developments that are occurring in the Workforce Management Market place, as well as their expected impact on the overall growth.
– Analysis of the industry’s size and forecast: The industry analysts have provided information on the size of the industry from both a value and volume standpoint, including historical, present and projected figures.
– Future Prospects: In this portion of the study market participants are presented with information about the prospects that the Workforce Management Market is likely to supply them with.
– The Competitive Landscape: This section of the study sheds light on the competitive landscape of the Workforce Management Market by examining the important strategies implemented by vendors to strengthen their position in the global market.
– Study on Industry Segmentation: This section of the study contains a detailed overview of the important Workforce Management Market segments, which include product type, application, and vertical, among others.
– In-Depth Regional Analysis: Vendors are provided with in-depth information about high-growth regions and their particular countries, allowing them to place their money in more profitable areas.
This Report Answers the Following Questions:
- What are the Workforce Management Market growth drivers, hindrances, and dynamics?
- Which companies would lead the market by generating the largest revenue?
- How will the companies surge the processes adoption amid the COVID-19 pandemic?
- Which region and segment would dominate the Workforce Management Market in the coming years?
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Workforce Management Market Segments:
By Component
By Deployment
By Enterprise Size
By Application
- Workforce Analytics
- Workforce Scheduling
- Time and Attendance Management
- Others (Task Management and Fatigue Management)
By End-Use Industry
- IT and Telecommunication
- BFSI
- Government
- Retail
- Healthcare
- Education
- Manufacturing
- Others
Table Of Content:
Moreover, Introduction
1.1. Moreover, Research Scope
1.2. Moreover, Market Segmentation
1.3. Moreover, Research Methodology
1.4. Moreover, Definitions and Assumptions
Executive Summary
Market Dynamics
3.1. Moreover, Market Drivers
3.2. Moreover, Market Restraints
3.3. Moreover, Market Opportunities
Moreover, Key Insights
4.1. Key Industry Developments – Moreover, Merger, Acquisitions, and Partnerships
4.2. Porter’s Five Forces Moreover, Analysis
4.3. Moreover, SWOT Analysis
4.4. Moreover, Technological Developments
4.5. Moreover, Value Chain Analysis
4.6. Moreover, Impact of COVID-19 on Market
5.Key Findings / Moreover, Summary
5.1 North America Sales, Revenue and Market Share by Country
5.1.1 North America Sales and Market Share by Country (2023-2026)
5.1.2 North America Revenue and Market Share by Country (2023-2026)
5.2 United States Sales and Growth Rate (2023-2026)
5.3 Canada Sales and Growth Rate (2023-2026)
5.4 Mexico Sales and Growth Rate (2023-2026)
8 South America by Country
8.1 South America Sales, Revenue and Market Share by Country
8.1.1 South America Sales and Market Share by Country (2023-2026)
8.1.2 South America Revenue and Market Share by Country (2023-2026)
8.2 Brazil Sales and Growth Rate (2023-2026)
8.3 Argentina Sales and Growth Rate (2023-2026)
8.4 Colombia Sales and Growth Rate (2023-2026)
9 Middle East and Africa by Countries
9.1 Moreover, Middle East and Africa Sales, Revenue and Market Share by Country
9.1.1 Middle East and Africa Sales and Market Share by Country (2023-2026)
9.1.2 Moreover, Middle East and Africa Revenue and Market Share by Country (2023-2026)
9.2 Saudi Arabia Sales and Growth Rate (2023-2026)
9.3 Moreover, Turkey Sales and Growth Rate (2023-2026)
9.4 Egypt Sales and Growth Rate (2023-2026)
9.5 Moreover, Nigeria Sales and Growth Rate (2023-2026)
10 Workforce Management Market Size 2024 In Developing Countries
11 South America Analysis by Countries
12 Moreover, Competitive Landscape
13 Moreover, Industry Outlook
13.1 Moreover, Market Driver Analysis
13.1.2 Moreover, Market Restraints Analysis
13.1.3 Moreover, Market Trends Analysis
13.2 Moreover, Merger, Acquisition and New Investment
13.3 Moreover, News of Product Release
14 Moreover, Global Forecast
15 Moreover, New Project Feasibility Analysis
15.1 Moreover, Industry Barriers and New Entrants SWOT Analysis
15.1.1 Moreover, Porter’s Five Forces Analysis
15.1.2 Moreover, New Entrants SWOT Analysis
15.2 Moreover, Analysis and Suggestions on New Project Investment
Continued…
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