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The workforce management software market is forecasted to grow by USD 3.08 bn during 2023-2028, accelerating at a CAGR of 7.66% during the forecast period. The report on the workforce management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by regulatory compliance associated with workforce management, increasing need to streamline HR functions, and increased software budgets by organizations.
The workforce management software market is segmented as below:
By End-user
- IT and telecom
- BFSI
- Healthcare
- Manufacturing
- Consumer goods and retail and others
By Deployment
- Cloud based
- On-premises
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the rising adoption of digital HR technology as one of the prime reasons driving the workforce management software market growth during the next few years. Also, increasing popularity of advanced workforce analytics and high utilization of social media for recruitment will lead to sizable demand in the market.
The report on the workforce management software market covers the following areas:
- Workforce management software market sizing
- Workforce management software market forecast
- Workforce management software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading workforce management software market vendors that include 7shifts, ActiveOps PLC, Advanced Computer Software Group Ltd., ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, International Business Machines Corp., Koch Industries Inc., NICE Ltd., Oracle Corp., Panasonic Holdings Corp., Paycor Inc., PTC Inc., Rippling People Center Inc., Sage Group Plc, SAP SE, UKG Inc., Verint Systems Inc., Workday Inc., Zoho Corp. Pvt. Ltd., and Ceridian HCM Holding Inc.. Also, the workforce management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
The publisher recognizes the following companies as the key players in the global workforce management software market: 7shifts, ActiveOps PLC, Advanced Computer Software Group Ltd., ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, International Business Machines Corp., Koch Industries Inc., NICE Ltd., Oracle Corp., Panasonic Holdings Corp., Paycor Inc., PTC Inc., Rippling People Center Inc., Sage Group Plc, SAP SE, UKG Inc., Verint Systems Inc., Workday Inc., Zoho Corp. Pvt. Ltd., and Ceridian HCM Holding Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rising adoption of digital HR technology.'
According to the report, one of the major drivers for this market is the regulatory compliance associated with workforce management.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 7shifts
- ActiveOps PLC
- Advanced Computer Software Group Ltd.
- ATOSS Software AG
- Automatic Data Processing Inc.
- Bamboo HR LLC
- International Business Machines Corp.
- Koch Industries Inc.
- NICE Ltd.
- Oracle Corp.
- Panasonic Holdings Corp.
- Paycor Inc.
- PTC Inc.
- Rippling People Center Inc.
- Sage Group Plc
- SAP SE
- UKG Inc.
- Verint Systems Inc.
- Workday Inc.
- Zoho Corp. Pvt. Ltd.
- Ceridian HCM Holding Inc.
