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Workforce Management-Global Market Insights and Sales Trends 2024
Synopsis
The global Workforce Management market size is expected to reach US$ 8726.7 million by 2029, growing at a CAGR of 6.5% from 2023 to 2029. The market is mainly driven by the significant applications of Workforce Management in various end use industries. The expanding demands from the Workforce Scheduling, Time & Attendance Management, Embedded Analytics and Absence Management, are propelling Workforce Management market. Software, 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 Hardware segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Workforce Management market, driven by demand from China, the second largest economy with some signs of stabilising, the Workforce Management market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. 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 Management, 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 Management 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 Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Workforce Management 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 Management covered in this report include Kronos, Infor, Oracle, McKesson, Allocate Software, SAP, Cornerstone Ondemand, Workday and Timeware, etc.
The global Workforce Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kronos
Infor
Oracle
McKesson
Allocate Software
SAP
Cornerstone Ondemand
Workday
Timeware
Nice Systems
Verint Systems
Workforce Software
ActiveOps
Global Workforce Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Workforce Management market, Segment by Type:
Software
Hardware
Service
Global Workforce Management market, by Application
Workforce Scheduling
Time & Attendance Management
Embedded Analytics
Absence Management
Others
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 Application, 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 Management 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
The global Workforce Management market size is expected to reach US$ 8726.7 million by 2029, growing at a CAGR of 6.5% from 2023 to 2029. The market is mainly driven by the significant applications of Workforce Management in various end use industries. The expanding demands from the Workforce Scheduling, Time & Attendance Management, Embedded Analytics and Absence Management, are propelling Workforce Management market. Software, 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 Hardware segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Workforce Management market, driven by demand from China, the second largest economy with some signs of stabilising, the Workforce Management market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. 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 Management, 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 Management 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 Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Workforce Management 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 Management covered in this report include Kronos, Infor, Oracle, McKesson, Allocate Software, SAP, Cornerstone Ondemand, Workday and Timeware, etc.
The global Workforce Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kronos
Infor
Oracle
McKesson
Allocate Software
SAP
Cornerstone Ondemand
Workday
Timeware
Nice Systems
Verint Systems
Workforce Software
ActiveOps
Global Workforce Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Workforce Management market, Segment by Type:
Software
Hardware
Service
Global Workforce Management market, by Application
Workforce Scheduling
Time & Attendance Management
Embedded Analytics
Absence Management
Others
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 Application, 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 Management 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
Index1 Market Overview of Workforce Management
1.1 Workforce Management Market Overview
1.1.1 Workforce Management Product Scope
1.1.2 Workforce Management Market Status and Outlook
1.2 Global Workforce Management Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Workforce Management Market Size by Region (2018-2029)
1.4 Global Workforce Management Historic Market Size by Region (2018-2023)
1.5 Global Workforce Management Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Workforce Management Market Size (2018-2029)
1.6.1 North America Workforce Management Market Size (2018-2029)
1.6.2 Europe Workforce Management Market Size (2018-2029)
1.6.3 Asia-Pacific Workforce Management Market Size (2018-2029)
1.6.4 Latin America Workforce Management Market Size (2018-2029)
1.6.5 Middle East & Africa Workforce Management Market Size (2018-2029)
2 Workforce Management Market by Type
2.1 Introduction
2.1.1 Software
2.1.2 Hardware
2.1.3 Service
2.2 Global Workforce Management Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Workforce Management Historic Market Size by Type (2018-2023)
2.2.2 Global Workforce Management Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Workforce Management Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Workforce Management Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Workforce Management Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Workforce Management Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Workforce Management Revenue Breakdown by Type (2018-2029)
3 Workforce Management Market Overview by Application
3.1 Introduction
3.1.1 Workforce Scheduling
3.1.2 Time & Attendance Management
3.1.3 Embedded Analytics
3.1.4 Absence Management
3.1.5 Others
3.2 Global Workforce Management Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Workforce Management Historic Market Size by Application (2018-2023)
3.2.2 Global Workforce Management Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Workforce Management Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Workforce Management Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Workforce Management Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Workforce Management Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Workforce Management Revenue Breakdown by Application (2018-2029)
4 Workforce Management Competition Analysis by Players
4.1 Global Workforce Management 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 Management as of 2022)
4.3 Date of Key Players Enter into Workforce Management Market
4.4 Global Top Players Workforce Management Headquarters and Area Served
4.5 Key Players Workforce Management Product Solution and Service
4.6 Competitive Status
4.6.1 Workforce Management 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 Management Products, Services and Solutions
5.1.4 Kronos Workforce Management Revenue (US$ Million) & (2018-2023)
5.1.5 Kronos Recent Developments
5.2 Infor
5.2.1 Infor Profile
5.2.2 Infor Main Business
5.2.3 Infor Workforce Management Products, Services and Solutions
5.2.4 Infor Workforce Management Revenue (US$ Million) & (2018-2023)
5.2.5 Infor Recent Developments
5.3 Oracle
5.3.1 Oracle Profile
5.3.2 Oracle Main Business
5.3.3 Oracle Workforce Management Products, Services and Solutions
5.3.4 Oracle Workforce Management Revenue (US$ Million) & (2018-2023)
5.3.5 McKesson Recent Developments
5.4 McKesson
5.4.1 McKesson Profile
5.4.2 McKesson Main Business
5.4.3 McKesson Workforce Management Products, Services and Solutions
5.4.4 McKesson Workforce Management Revenue (US$ Million) & (2018-2023)
5.4.5 McKesson Recent Developments
5.5 Allocate Software
5.5.1 Allocate Software Profile
5.5.2 Allocate Software Main Business
5.5.3 Allocate Software Workforce Management Products, Services and Solutions
5.5.4 Allocate Software Workforce Management Revenue (US$ Million) & (2018-2023)
5.5.5 Allocate Software Recent Developments
5.6 SAP
5.6.1 SAP Profile
5.6.2 SAP Main Business
5.6.3 SAP Workforce Management Products, Services and Solutions
5.6.4 SAP Workforce Management Revenue (US$ Million) & (2018-2023)
5.6.5 SAP Recent Developments
5.7 Cornerstone Ondemand
5.7.1 Cornerstone Ondemand Profile
5.7.2 Cornerstone Ondemand Main Business
5.7.3 Cornerstone Ondemand Workforce Management Products, Services and Solutions
5.7.4 Cornerstone Ondemand Workforce Management Revenue (US$ Million) & (2018-2023)
5.7.5 Cornerstone Ondemand Recent Developments
5.8 Workday
5.8.1 Workday Profile
5.8.2 Workday Main Business
5.8.3 Workday Workforce Management Products, Services and Solutions
5.8.4 Workday Workforce Management Revenue (US$ Million) & (2018-2023)
5.8.5 Workday Recent Developments
5.9 Timeware
5.9.1 Timeware Profile
5.9.2 Timeware Main Business
5.9.3 Timeware Workforce Management Products, Services and Solutions
5.9.4 Timeware Workforce Management Revenue (US$ Million) & (2018-2023)
5.9.5 Timeware Recent Developments
5.10 Nice Systems
5.10.1 Nice Systems Profile
5.10.2 Nice Systems Main Business
5.10.3 Nice Systems Workforce Management Products, Services and Solutions
5.10.4 Nice Systems Workforce Management Revenue (US$ Million) & (2018-2023)
5.10.5 Nice Systems Recent Developments
5.11 Verint Systems
5.11.1 Verint Systems Profile
5.11.2 Verint Systems Main Business
5.11.3 Verint Systems Workforce Management Products, Services and Solutions
5.11.4 Verint Systems Workforce Management Revenue (US$ Million) & (2018-2023)
5.11.5 Verint Systems Recent Developments
5.12 Workforce Software
5.12.1 Workforce Software Profile
5.12.2 Workforce Software Main Business
5.12.3 Workforce Software Workforce Management Products, Services and Solutions
5.12.4 Workforce Software Workforce Management Revenue (US$ Million) & (2018-2023)
5.12.5 Workforce Software Recent Developments
5.13 ActiveOps
5.13.1 ActiveOps Profile
5.13.2 ActiveOps Main Business
5.13.3 ActiveOps Workforce Management Products, Services and Solutions
5.13.4 ActiveOps Workforce Management Revenue (US$ Million) & (2018-2023)
5.13.5 ActiveOps Recent Developments
6 North America
6.1 North America Workforce Management Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Workforce Management 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 Management 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 Management 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 Management 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 Management Market Dynamics
11.1 Workforce Management Industry Trends
11.2 Workforce Management Market Drivers
11.3 Workforce Management Market Challenges
11.4 Workforce Management 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
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