NEW YORK, January 4, 2022 / PRNewswire / – Workforce Management Software Market Overview-

The latest market research report titled Workforce Management Software Market has been announced by Technavio, which has proudly partnered with Fortune 500 companies for over 16 years.

  • Total pages: 120

  • Companies: 10+ – Including Automatic Data Processing Inc., Blue Yonder Group Inc., Ceridian HCM Holding Inc., International Business Machines Corp., Koch Industries Inc., Kronos Inc., Oracle Corp., Sage Group Plc, SAP SE and Workday Inc.

  • Blanket: Main drivers, trends and challenges; Product information and news; Value chain analysis; Parents market analysis; Supplier landscape; COVID impact and recovery analysis

  • Segments: Deployment (cloud-based and on-premise)

  • Geographies: North America, Europe, APAC, South America, and MEA

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According to the recent Technavio market study, the Workforce Management Software Market Size should increase by $ 2.13 billion from 2020 to 2025, with an accelerated CAGR of 11.29%. The report provides detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimates, and major pockets of investment.

North America will register the highest growth rate, occupying 34% of the global market share. The United States is the key market for workforce management software in North America. However, the market growth in this region will be slower than the market growth in other regions.

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Supplier Information-

The workforce management software market is fragmented and highly competitive. Suppliers focus on forming strategic alliances, joint ventures or acquiring small suppliers to expand their operations and stay competitive in the market.

Automatic Data Processing Inc .: The company provides workforce management solutions by offering ADP eTIME enterprise software that optimizes workforce performance.

Blue Yonder Group Inc .: The company offers the potential BlueYonder software as part of workforce management solutions for workforce management.

Gestion Ceridian HCM inc. : The company offers HCM software as part of workforce management solutions that improve operational efficiency, lower labor costs and reduce compliance issues.

International Business Machines Corp. : The company offers in-service and consulting talent management software to inspire client workforce with innovative technologies and a people-centered approach to talent management.

Koch Industries Inc .: The company offers Infor WFM software as part of workforce management solutions that optimize labor costs and compliance.

Discover additional highlights about the vendors and their product offerings. Download a free sample report

Regional market outlook

The growth of the workforce management software market in North America will be important during the forecast period. Improving social media penetration and strong demand for cost effective HR solutions are driving the growth of workforce management market in North America. In addition, the increasing adoption of cloud-based workforce management solutions is expected to foster the growth of the regional market during the forecast period.

Download our FREE sample report for more highlights on the regional market share of most of the countries mentioned above.

Latest drivers and trends driving the market –

The introduction of various regulations regarding workforce management requires organizations to implement and document activities to ensure optimum performance in business operations. As a result, companies are increasingly adopting workforce management software to streamline HR functions by identifying ideal candidates for the job in a short period of time. Workforce management software also reduces manual labor in the process by reducing paperwork, thus improving overall productivity and complying with various regulations.

Organizations are focused on improving the employee experience by integrating analytics, social media, mobile platforms, and cloud technologies with workforce management software. This provides additional human resource management features such as time and attendance management, appointment and meeting reminders, video-on-demand learning, messaging and stress monitors, thus improving the employee experience. This trend is expected to positively impact the growth of the market during the forecast period.

Find additional information on various other market drivers and trends mentioned in our FREE Sample Report.

Associated reports:

Human Capital Management Solutions Market by Application and Geography – Forecast and Analysis 2021-2025

Workspace Management Software Market By Deployment and Geography – Forecast and Analysis 2021-2025

Scope of Workforce Management Software Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 11.29%

Market growth 2021-2025

$ 2.13 billion

Market structure

Fragmented

Annual growth (%)

10.24

Regional analysis

North America, Europe, APAC, South America and MEA

Efficient contribution to the market

North America at 34%

Main consumer countries

United States, Germany, India, United Kingdom and Japan

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Automatic Data Processing Inc., Blue Yonder Group Inc., Ceridian HCM Holding Inc., International Business Machines Corp., Koch Industries Inc., Kronos Inc., Oracle Corp., Sage Group Plc, SAP SE and Workday Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 specialist analysts, Technavio’s report library. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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