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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 size is expected to reach US$ 3304.3 million by 2029, growing at a CAGR of 13.4% from 2023 to 2029. The market is mainly driven by the significant applications of Workforce Analytics in various end use industries.
The expanding demands from the Under 100, 100-499, 500-999 and 1,000-4,999, are propelling Workforce Analytics market. On-premise Deployment, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the SaaS Deployment segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Number of Employees. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Workforce Analytics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Workforce Analytics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Workforce Analytics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Workforce Analytics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Workforce Analytics covered in this report include Kronos, SAP, Oracle, IBM, ADP, SAS Institute Inc, WorkForce Software, Ultimate Software and Genpact, etc.
The global Workforce Analytics market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global Workforce Analytics market, by region:
Global Workforce Analytics market, Segment by Type:
Global Workforce Analytics market, by Number of Employees
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Workforce Analytics companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index
1 Market Overview of Workforce Analytics
1.1 Workforce Analytics Market Overview
1.1.1 Workforce Analytics Product Scope
1.1.2 Workforce Analytics Market Status and Outlook
1.2 Global Workforce Analytics Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Workforce Analytics Market Size by Region (2018-2029)
1.4 Global Workforce Analytics Historic Market Size by Region (2018-2023)
1.5 Global Workforce Analytics Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Workforce Analytics Market Size (2018-2029)
1.6.1 North America Workforce Analytics Market Size (2018-2029)
1.6.2 Europe Workforce Analytics Market Size (2018-2029)
1.6.3 Asia-Pacific Workforce Analytics Market Size (2018-2029)
1.6.4 Latin America Workforce Analytics Market Size (2018-2029)
1.6.5 Middle East & Africa Workforce Analytics Market Size (2018-2029)
2 Workforce Analytics Market by Type
2.1 Introduction
2.1.1 On-premise Deployment
2.1.2 SaaS Deployment
2.2 Global Workforce Analytics Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Workforce Analytics Historic Market Size by Type (2018-2023)
2.2.2 Global Workforce Analytics Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Workforce Analytics Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Workforce Analytics Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Workforce Analytics Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Workforce Analytics Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Workforce Analytics Revenue Breakdown by Type (2018-2029)
3 Workforce Analytics Market Overview by Number of Employees
3.1 Introduction
3.1.1 Under 100
3.1.2 100-499
3.1.3 500-999
3.1.4 1,000-4,999
3.1.5 Above 5000
3.2 Global Workforce Analytics Market Size by Number of Employees: 2018 VS 2022 VS 2029
3.2.1 Global Workforce Analytics Historic Market Size by Number of Employees (2018-2023)
3.2.2 Global Workforce Analytics Forecasted Market Size by Number of Employees (2024-2029)
3.3 Key Regions Market Size by Number of Employees
3.3.1 North America Workforce Analytics Revenue Breakdown by Number of Employees (2018-2029)
3.3.2 Europe Workforce Analytics Revenue Breakdown by Number of Employees (2018-2029)
3.3.3 Asia-Pacific Workforce Analytics Revenue Breakdown by Number of Employees (2018-2029)
3.3.4 Latin America Workforce Analytics Revenue Breakdown by Number of Employees (2018-2029)
3.3.5 Middle East and Africa Workforce Analytics Revenue Breakdown by Number of Employees (2018-2029)
4 Workforce Analytics Competition Analysis by Players
4.1 Global Workforce Analytics Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Workforce Analytics as of 2022)
4.3 Date of Key Players Enter into Workforce Analytics Market
4.4 Global Top Players Workforce Analytics Headquarters and Area Served
4.5 Key Players Workforce Analytics Product Solution and Service
4.6 Competitive Status
4.6.1 Workforce Analytics Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Kronos
5.1.1 Kronos Profile
5.1.2 Kronos Main Business
5.1.3 Kronos Workforce Analytics Products, Services and Solutions
5.1.4 Kronos Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.1.5 Kronos Recent Developments
5.2 SAP
5.2.1 SAP Profile
5.2.2 SAP Main Business
5.2.3 SAP Workforce Analytics Products, Services and Solutions
5.2.4 SAP Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.2.5 SAP Recent Developments
5.3 Oracle
5.3.1 Oracle Profile
5.3.2 Oracle Main Business
5.3.3 Oracle Workforce Analytics Products, Services and Solutions
5.3.4 Oracle Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.3.5 IBM Recent Developments
5.4 IBM
5.4.1 IBM Profile
5.4.2 IBM Main Business
5.4.3 IBM Workforce Analytics Products, Services and Solutions
5.4.4 IBM Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.4.5 IBM Recent Developments
5.5 ADP
5.5.1 ADP Profile
5.5.2 ADP Main Business
5.5.3 ADP Workforce Analytics Products, Services and Solutions
5.5.4 ADP Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.5.5 ADP Recent Developments
5.6 SAS Institute Inc
5.6.1 SAS Institute Inc Profile
5.6.2 SAS Institute Inc Main Business
5.6.3 SAS Institute Inc Workforce Analytics Products, Services and Solutions
5.6.4 SAS Institute Inc Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.6.5 SAS Institute Inc Recent Developments
5.7 WorkForce Software
5.7.1 WorkForce Software Profile
5.7.2 WorkForce Software Main Business
5.7.3 WorkForce Software Workforce Analytics Products, Services and Solutions
5.7.4 WorkForce Software Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.7.5 WorkForce Software Recent Developments
5.8 Ultimate Software
5.8.1 Ultimate Software Profile
5.8.2 Ultimate Software Main Business
5.8.3 Ultimate Software Workforce Analytics Products, Services and Solutions
5.8.4 Ultimate Software Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.8.5 Ultimate Software Recent Developments
5.9 Genpact
5.9.1 Genpact Profile
5.9.2 Genpact Main Business
5.9.3 Genpact Workforce Analytics Products, Services and Solutions
5.9.4 Genpact Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.9.5 Genpact Recent Developments
5.10 Workday
5.10.1 Workday Profile
5.10.2 Workday Main Business
5.10.3 Workday Workforce Analytics Products, Services and Solutions
5.10.4 Workday Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.10.5 Workday Recent Developments
5.11 Visier
5.11.1 Visier Profile
5.11.2 Visier Main Business
5.11.3 Visier Workforce Analytics Products, Services and Solutions
5.11.4 Visier Workforce Analytics Revenue (US$ Million) & (2018-2023)
5.11.5 Visier Recent Developments
6 North America
6.1 North America Workforce Analytics Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Workforce Analytics Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Workforce Analytics Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Workforce Analytics Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Workforce Analytics Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Workforce Analytics Market Dynamics
11.1 Workforce Analytics Industry Trends
11.2 Workforce Analytics Market Drivers
11.3 Workforce Analytics Market Challenges
11.4 Workforce Analytics Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research