The global workforce management market size was USD 7.46 Billion in 2022 and is expected to register a revenue CAGR of 10.1% during the forecast period, according to latest analysis by Emergen Research. Rising demand for workforce optimization and mobile applications is a key factor driving market revenue growth. Workforce management software offers provision of optimized schedule to prevent excessive overtime. In addition, industries employing combination of full-time employees, freelancers, and contract workers across multiple shifts and locations require accurate and efficient payroll management, which is another factor driving demand for workforce management solutions.
The report is inclusive of updated information about the current global economic situation in view of the COVID-19 outbreak. The global health emergency has led to several significant changes in the global economy, and subsequently, the Workforce Management business sector. These changes have, therefore, brought about a large number of business risks and threats for the companies operating in this industry. Hence, the report offers an overall assessment of this ever-evolving market and closely studies the present and future effects of the pandemic on this market.
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Competitive Outlook: The leading companies operating in the Workforce Management market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Workforce Management Market 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
Objectives of the Report:
Study of the global Workforce Management market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Workforce Management market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Workforce Management market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Workforce Management market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019-2030)
Services
Software
Deployment Outlook (Revenue, USD Billion; 2019-2030)
On-premise
Cloud
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
Large enterprises
Small and Medium Enterprises
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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