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Synopsis
Workforce analytics is a combination of software and methodology that applies statistical models to worker-related data, allowing enterprise leaders to optimize human resource management (HRM).
Workforce analytics can help enterprise leaders to develop and improve recruiting methods, make general and specific hiring decisions, and keep the best workers with the company. In addition, workforce analytics can help management personnel to:
(1) Predict the probability of an individual employee's success.
(2) Identify the need for new departments and positions.
(3) Determine which departments or positions can be reassigned or eliminated.
(4) Identify and quantify physical risks to employees in specific positions.
(5) Identify and quantify factors that influence employee job satisfaction.
(6) Analyze and predict current and future technological needs.
(7) Assign and delegate responsibility for tasks and goals.
(8) Optimize the enterprise's organizational structure.
(9) Help the enterprise to identify, encourage, and cultivate its future leaders.
The global Workforce Analytics market was valued at US$ 1356.6 million in 2023 and is anticipated to reach US$ 3304.3 million by 2030, witnessing a CAGR of 13.4% during the forecast period 2024-2030.
The industry is fragmented, the key brand include Kronos, SAP, Oracle, IBM, ADP, SAS Institute Inc, WorkForce Software, Ultimate Software, Genpact, Workday, Visier and so on. Kronos are the leader of this industry with about 13% market shares.
This report aims to provide a comprehensive presentation of the global market for Workforce Analytics, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Workforce Analytics.
Report Scope
The Workforce Analytics market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Workforce Analytics market comprehensively. Regional market sizes, concerning products by Type, by Number of Employees, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Workforce Analytics companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Number of Employees, and by regions.
By Company
- Kronos
- SAP
- Oracle
- IBM
- ADP
- SAS Institute Inc
- WorkForce Software
- Ultimate Software
- Genpact
- Workday
- Visier
Segment by Type
- On-premise Deployment
- SaaS Deployment
Segment by Number of Employees
- Under 100
- 100-499
- 500-999
- 1,000-4,999
- Above 5000
By Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Russia)
- Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
- Latin America (Mexico, Brazil, Argentina)
- Middle East & Africa (Turkey, Saudi Arabia, UAE)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Number of Employees, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Workforce Analytics companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Number of Employees, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Workforce Analytics Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 On-premise Deployment
1.2.3 SaaS Deployment
1.3 Market by Number of Employees
1.3.1 Global Workforce Analytics Market Growth by Number of Employees: 2019 VS 2023 VS 2030
1.3.2 Under 100
1.3.3 100-499
1.3.4 500-999
1.3.5 1,000-4,999
1.3.6 Above 5000
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Workforce Analytics Market Perspective (2019-2030)
2.2 Workforce Analytics Growth Trends by Region
2.2.1 Global Workforce Analytics Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Workforce Analytics Historic Market Size by Region (2019-2024)
2.2.3 Workforce Analytics Forecasted Market Size by Region (2025-2030)
2.3 Workforce Analytics Market Dynamics
2.3.1 Workforce Analytics Industry Trends
2.3.2 Workforce Analytics Market Drivers
2.3.3 Workforce Analytics Market Challenges
2.3.4 Workforce Analytics Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Workforce Analytics Players by Revenue
3.1.1 Global Top Workforce Analytics Players by Revenue (2019-2024)
3.1.2 Global Workforce Analytics Revenue Market Share by Players (2019-2024)
3.2 Global Workforce Analytics Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Workforce Analytics Revenue
3.4 Global Workforce Analytics Market Concentration Ratio
3.4.1 Global Workforce Analytics Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Workforce Analytics Revenue in 2023
3.5 Workforce Analytics Key Players Head office and Area Served
3.6 Key Players Workforce Analytics Product Solution and Service
3.7 Date of Enter into Workforce Analytics Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Workforce Analytics Breakdown Data by Type
4.1 Global Workforce Analytics Historic Market Size by Type (2019-2024)
4.2 Global Workforce Analytics Forecasted Market Size by Type (2025-2030)
5 Workforce Analytics Breakdown Data by Number of Employees
5.1 Global Workforce Analytics Historic Market Size by Number of Employees (2019-2024)
5.2 Global Workforce Analytics Forecasted Market Size by Number of Employees (2025-2030)
6 North America
6.1 North America Workforce Analytics Market Size (2019-2030)
6.2 North America Workforce Analytics Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Workforce Analytics Market Size by Country (2019-2024)
6.4 North America Workforce Analytics Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Workforce Analytics Market Size (2019-2030)
7.2 Europe Workforce Analytics Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Workforce Analytics Market Size by Country (2019-2024)
7.4 Europe Workforce Analytics Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Workforce Analytics Market Size (2019-2030)
8.2 Asia-Pacific Workforce Analytics Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Workforce Analytics Market Size by Region (2019-2024)
8.4 Asia-Pacific Workforce Analytics Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Workforce Analytics Market Size (2019-2030)
9.2 Latin America Workforce Analytics Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Workforce Analytics Market Size by Country (2019-2024)
9.4 Latin America Workforce Analytics Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Workforce Analytics Market Size (2019-2030)
10.2 Middle East & Africa Workforce Analytics Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Workforce Analytics Market Size by Country (2019-2024)
10.4 Middle East & Africa Workforce Analytics Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Kronos
11.1.1 Kronos Company Detail
11.1.2 Kronos Business Overview
11.1.3 Kronos Workforce Analytics Introduction
11.1.4 Kronos Revenue in Workforce Analytics Business (2019-2024)
11.1.5 Kronos Recent Development
11.2 SAP
11.2.1 SAP Company Detail
11.2.2 SAP Business Overview
11.2.3 SAP Workforce Analytics Introduction
11.2.4 SAP Revenue in Workforce Analytics Business (2019-2024)
11.2.5 SAP Recent Development
11.3 Oracle
11.3.1 Oracle Company Detail
11.3.2 Oracle Business Overview
11.3.3 Oracle Workforce Analytics Introduction
11.3.4 Oracle Revenue in Workforce Analytics Business (2019-2024)
11.3.5 Oracle Recent Development
11.4 IBM
11.4.1 IBM Company Detail
11.4.2 IBM Business Overview
11.4.3 IBM Workforce Analytics Introduction
11.4.4 IBM Revenue in Workforce Analytics Business (2019-2024)
11.4.5 IBM Recent Development
11.5 ADP
11.5.1 ADP Company Detail
11.5.2 ADP Business Overview
11.5.3 ADP Workforce Analytics Introduction
11.5.4 ADP Revenue in Workforce Analytics Business (2019-2024)
11.5.5 ADP Recent Development
11.6 SAS Institute Inc
11.6.1 SAS Institute Inc Company Detail
11.6.2 SAS Institute Inc Business Overview
11.6.3 SAS Institute Inc Workforce Analytics Introduction
11.6.4 SAS Institute Inc Revenue in Workforce Analytics Business (2019-2024)
11.6.5 SAS Institute Inc Recent Development
11.7 WorkForce Software
11.7.1 WorkForce Software Company Detail
11.7.2 WorkForce Software Business Overview
11.7.3 WorkForce Software Workforce Analytics Introduction
11.7.4 WorkForce Software Revenue in Workforce Analytics Business (2019-2024)
11.7.5 WorkForce Software Recent Development
11.8 Ultimate Software
11.8.1 Ultimate Software Company Detail
11.8.2 Ultimate Software Business Overview
11.8.3 Ultimate Software Workforce Analytics Introduction
11.8.4 Ultimate Software Revenue in Workforce Analytics Business (2019-2024)
11.8.5 Ultimate Software Recent Development
11.9 Genpact
11.9.1 Genpact Company Detail
11.9.2 Genpact Business Overview
11.9.3 Genpact Workforce Analytics Introduction
11.9.4 Genpact Revenue in Workforce Analytics Business (2019-2024)
11.9.5 Genpact Recent Development
11.10 Workday
11.10.1 Workday Company Detail
11.10.2 Workday Business Overview
11.10.3 Workday Workforce Analytics Introduction
11.10.4 Workday Revenue in Workforce Analytics Business (2019-2024)
11.10.5 Workday Recent Development
11.11 Visier
11.11.1 Visier Company Detail
11.11.2 Visier Business Overview
11.11.3 Visier Workforce Analytics Introduction
11.11.4 Visier Revenue in Workforce Analytics Business (2019-2024)
11.11.5 Visier Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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