Workforce Management Market Share, Trends, Capacity, Production, Analysis And Forecast, 2014-2025
The workforce management market includes workforce scheduling, embedded analytics, time & attendance management, task management, and assigned jobs. By deployment, the market includes on-premise and cloud
The workforce management market includes workforce scheduling, embedded analytics, time & attendance management, task management, and assigned jobs. By deployment, the market includes on-premise and cloud
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<strong>Workforce</strong> <strong>Management</strong> <strong>Market</strong> <strong>Share</strong>, <strong>Trends</strong>, <strong>Capacity</strong>,<br />
<strong>Production</strong>, <strong>Analysis</strong> <strong>And</strong> <strong>Forecast</strong> <strong>2014</strong>-<strong>2025</strong><br />
“The workforce management market includes workforce scheduling,<br />
embedded analytics, time & attendance management, task management, and<br />
assigned jobs. By deployment, the market includes on-premise and cloud.”<br />
The global <strong>Workforce</strong> <strong>Management</strong> <strong>Market</strong> is expected to gain a positive traction in the forecast period.<br />
<strong>Workforce</strong> planning is the logical process to gauge and resolve the vacuum between workforce and human labor<br />
needs. It is thus a foundation to derive strategic decisions pertaining to human resources. Hence, a workforce<br />
management software supplements all the activities pertaining to human resource, organizational objectives<br />
and interrelated interaction. <strong>Workforce</strong> management solution enables an organization to detect and rectify the<br />
problems that further ensure optimum use of existing resources.<br />
<strong>Workforce</strong> management market is driven by factors such as increase in modernization of work culture arising<br />
out of adoption of global trends and rise in use of digitization for designing work schedule. Increase in<br />
integration and interaction in daily operations is triggering technological and social advancements as well in<br />
companies across the globe. In addition, the shift in HR operations for administration and workforce planning is<br />
likely to contribute to the market growth in the forecast period. However, technical loopholes coupled with low<br />
awareness and dearth of technical competency negatively affects the workforce management industry.<br />
Based on solution, the workforce management market includes workforce scheduling, embedded analytics,<br />
time & attendance management, task management, and assigned jobs. By deployment, the market includes onpremise<br />
and cloud. Cloud technology accounts for a higher growth during the forecast period due to increase in<br />
preference by companies.<br />
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The company size segmentation for workforce management industry includes small & medium enterprise and<br />
large enterprise. Large enterprise dominate the market segment due to substantial demand for workforce<br />
management and task alignment. Application segment for workforce management market includes BFSI,<br />
government, healthcare, automotive & manufacturing and retail. Healthcare segment is expected to dominate<br />
the market in the forecast period due to enormous structure of healthcare infrastructure around the world.<br />
Patient pooling coupled with management of internal affairs is likely to foster the healthcare infrastructure with<br />
the influx of workforce management software.<br />
Geographical segmentation for workforce management industry include North America, South America, Europe,<br />
Asia-Pacific, Middle East and Africa. North America dominates the market growth in the forecast period due to<br />
technological advances and increase in technological deployment projects on a large scale. Asia-Pacific’s market<br />
is expected to gain a significant rise during the forecast period due to increase in technological advances and<br />
availability of large population. Middle Eastern and African markets are expected to gain a positive traction in<br />
the forecast period.<br />
The key players in the workforce management industry include Ceridian HCM Holding Inc, Oracle Corporation,<br />
Active Ops Limited, Eg Solutions Inc, JDA Software Group Inc, Kronos Inc, Replicon Inc, SISQUAL, and Reflexis<br />
System Inc.<br />
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<strong>Market</strong> Segment:<br />
Solution Scope (Revenue, USD Million; <strong>2014</strong> - <strong>2025</strong>)<br />
• <strong>Workforce</strong> Scheduling<br />
• Time & Attendance <strong>Management</strong><br />
• Embedded Analytics<br />
• Absence <strong>Management</strong><br />
• Others<br />
Deployment Scope (Revenue, USD Million; <strong>2014</strong> - <strong>2025</strong>)<br />
• Cloud<br />
• On-premise<br />
Company Size Scope (Revenue, USD Million; <strong>2014</strong> - <strong>2025</strong>)<br />
• Large Enterprises<br />
• Small and Medium Enterprises (SMEs)<br />
Application Scope (Revenue, USD Million; <strong>2014</strong> - <strong>2025</strong>)<br />
• Academia<br />
• Automotive & Manufacturing
• BFSI<br />
• Government<br />
• Healthcare<br />
• Retail<br />
• Others<br />
Regional Outlook (Revenue, USD Million; <strong>2014</strong> - <strong>2025</strong>)<br />
• North America<br />
• Europe<br />
• Asia Pacific<br />
• Latin America<br />
• Middle East & Africa (MEA)<br />
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