Workforce Management Market
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<strong>Workforce</strong> <strong>Management</strong> <strong>Market</strong> Worth 7.37 Billion USD by 2021<br />
NEWS PROVIDED BY<br />
<strong>Market</strong>sand<strong>Market</strong>s <br />
07 Mar, 2017, 09:30 ET<br />
PUNE, India, March 7, 2017 /PRNewswire/ --<br />
According to a new market research report "<strong>Workforce</strong> <strong>Management</strong> <strong>Market</strong> by Component (Solutions and Services), Deployment (Cloud and On-premises),<br />
Organization Size (SMEs and Enterprises), Vertical, and Region - Global Forecast to 2021", published by <strong>Market</strong>sand<strong>Market</strong>s, the WFM market size is estimated<br />
to grow from USD 4.49 Billion in 2016 to USD 7.37 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 10.4%. The increased focus on workforce<br />
optimization and mobile applications is driving the WFM market.<br />
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Browse 66 market data Tables and 54 Figures spread through 143 Pages and in-depth TOC on "<strong>Workforce</strong> <strong>Management</strong> <strong>Market</strong>"<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/workforce-management-market-27548173.html<br />
Early buyers will receive 10% customization on this report.<br />
The workforce analytics solution is expected to grow at the highest CAGR during the forecast period<br />
The increasing use of workforce analytics to drive workforce productivity and develop strategies for <strong>Workforce</strong> <strong>Management</strong> in organizations is driving the<br />
workforce analytics market. Companies have been giving high importance to optimize workforce outcome, thereby increasing the demand for performance<br />
management and workforce analytics solution.<br />
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The Small and Medium Enterprises (SMEs) segment is expected to grow at the highest CAGR during the forecast period<br />
The <strong>Workforce</strong> <strong>Management</strong> <strong>Market</strong> is undergoing significant technological transition through collaborations with social media, real-time solutions, and the usage<br />
of mobile devices. All these advancements are favorably welcomed and highly adopted by large organizations, thereby increasing the popularity of WFM. The<br />
adoption of WFM will help SMEs and enterprises to focus more on their core business processes, thereby ensuring better time utilization for improved business<br />
results.<br />
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Europe is expected to hold the largest market share in 2021, due to its well established economy<br />
The European region comprises developed countries, thus favoring the huge demand for <strong>Workforce</strong> <strong>Management</strong> solution to streamline and schedule workforce<br />
efficiently in the organization. The deployment of cloud is also a driving factor in Europe for the rapid adoption of workforce analytics. North America is expected to<br />
hold the second largest market share owing to its openness for the adoption of new and emerging technologies. The top contributing countries in North America<br />
include the U.S. and Canada.<br />
The major vendors in the WFM ecosystem comprise solutions and service providers such as IBM (U.S.), Oracle (U.S.), SAP AG (Europe), KRONOS (U.S.), <strong>Workforce</strong><br />
Software (U.S.), ADP LLC (U.S.), and WORKDAY (U.S.) among others.<br />
Browse Related Report<br />
Human Capital <strong>Management</strong> <strong>Market</strong> by Solution (Core HR, Talent <strong>Management</strong>, Payroll and Tax, <strong>Workforce</strong> Planning and Analytics, Recruiting), Service<br />
(Implementation, Training, Consulting), Deployment, User, Industry Vertical, Region - Global Forecast to 2021<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/human-capital-management-market-193746782.html<br />
Field Service <strong>Management</strong> <strong>Market</strong> by Solution (Schedule and Dispatch, Work Order <strong>Management</strong>, Mobile Field Execution), by Service (Implementation, Training,<br />
Consulting), by Deployment Type, by User Type, by Industry Vertical & by Region - Global Forecast to 2020<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/field-service-management-market-209977425.html<br />
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