Global Workforce Management Market, By Geography; Solution (Absence Management, Performance Management, Workforce Scheduling, Time & Attendance Management, Workforce Analytics); Service (Implementation Services, Support & Maintenance, Training & Education); Deployment Type; Organization Size; Vertical – Industry Trends and Forecast to 2024

Pune, India -- (SBWire) -- 07/05/2018 --Data Bridge Market Research report on the Global Workforce Management Market offers elaborated learning on the market parts like dominating firms, growth rate, Industry Chain Analysis, Major Manufactures, gross margin, and the most effective development within the organization comprised throughout this analysis, additionally to the present, the report covers chart and tables which provide a clear viewpoint of the Global Workforce Management Market. Development policies and plans are discussed as well as manufacturing processes and cost structures.

Global Workforce Management Market accounted for USD 5.01 billion in 2016 growing at a CAGR of 11.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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High demand from countries such as China and India will be key factors driving the growth of the region. The expanding ICT is the key to the high demand for Workforce Management Market services in these countries of Asia Pacific. The high population growth and growing number of users in Asia Pacific will remain a promising pool for the Workforce Management Market, more so in applications concerning personal assistance

Major Market Competitors:

- IBM Corporation,
- Oracle,
- SAP SE,
- Kronos Incorporated,
- ADP,
- LLC,
- Ultimate Software,
- Workday Inc.,
- Verint Systems Inc.,
- Workforce Software,
- LLC,
- Reflexis Systems Inc.,
- NICE,
- ActiveOps Limited,
- Infor

Workforce management is an integrated process of optimizing the productivity of department, and employees of an organization. A wide variety of software products help human resource employees to manage a workforce. The elements included in workforce management are payroll and benefits resources, time and attendance tools, performance management components. It is widely applicable in government and defense, banking, financial services, and insurance, healthcare, transportation and logistics, telecom and IT, consumer goods and retail, manufacturing, energy and utilities, and others. Increased focus on workforce optimization and mobile application may act as the major driver in the growth of workforce management market. On the other side less intent to adopt a software solution switching from traditional methods in SMEs may hamper the market.

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Major Market Drivers & Restraints:

- Rise of cloud-based solutions
- Increased focus on workforce optimization and mobile applications
- Increased adoption of automation
- Less intent to adopt a software solution switching from traditional methods in SMES

Market Segmentation:

On The Basis Of Solution:-absence management, performance management, workforce scheduling, time and attendance management, workforce analytics, and others.

On The Basis Of Service: - implementation services, support and maintenance, training and education.
On The Basis Of Deployment Type: - cloud, and on-premises.

On The Basis Of Organization Size: - small and medium enterprises, and large enterprises.

On The Basis Of Vertical:- government and defense, banking, financial services, and insurance, healthcare, transportation and logistics, telecom and IT, consumer goods and retail, manufacturing, energy and utilities, and others.

On The Basis Of Geography, the global workforce management market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa.

Company Share Analysis:

The report for global workforce management market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

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