- January 22, 2020
- Category: Enterprise IT and Software, Information and Communication Technology
Global Workforce Management Market Size study, by Component (Solution and Service), by Deployment Mode (On-Premise and Cloud), by Organization Size (Large Enterprises and Small & Medium Enterprises), by Industry Vertical (BFSI, Manufacturing, Healthcare, Government, Retail & E-Commerce, IT & Telecom, Education and Others) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Workforce Management Market, by Region, 2018-2027 (USD Billion) 1.2.2. Workforce Management Market, by Component, 2018-2027 (USD Billion) 1.2.3. Workforce Management Market, by Deployment Mode, 2018-2027 (USD Billion) 1.2.4. Workforce Management Market, by Organization Size, 2018-2027 (USD Billion) 1.2.5. Workforce Management Market, by Industry Vertical, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Workforce Management Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Workforce Management Market Dynamics 3.1. Workforce Management Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Workforce Management Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Workforce Management Market, by Component 5.1. Market Snapshot 5.2. Global Workforce Management Market by Component, Performance - Potential Analysis 5.3. Global Workforce Management Market Estimates & Forecasts by Component 2017-2027 (USD Billion) 5.4. Workforce Management Market, Sub Segment Analysis 5.4.1. Solution 5.4.2. Service Chapter 6. Global Workforce Management Market, by Deployment Mode 6.1. Market Snapshot 6.2. Global Workforce Management Market by Deployment Mode, Performance - Potential Analysis 6.3. Global Workforce Management Market Estimates & Forecasts by Deployment Mode 2017-2027 (USD Billion) 6.4. Workforce Management Market, Sub Segment Analysis 6.4.1. On-Premise 6.4.2. Cloud Chapter 7. Global Workforce Management Market, by Organization Size 7.1. Market Snapshot 7.2. Global Workforce Management Market by Organization Size, Performance - Potential Analysis 7.3. Global Workforce Management Market Estimates & Forecasts by Organization Size 2017-2027 (USD Billion) 7.4. Workforce Management Market, Sub Segment Analysis 7.4.1. Large Enterprises 7.4.2. Small & Medium Enterprises Chapter 8. Global Workforce Management Market, by Industry Vertical 8.1. Market Snapshot 8.2. Global Workforce Management Market by Industry Vertical, Performance - Potential Analysis 8.3. Global Workforce Management Market Estimates & Forecasts by Industry Vertical 2017-2027 (USD Billion) 8.4. Workforce Management Market, Sub Segment Analysis 8.4.1. BFSI 8.4.2. Manufacturing 8.4.3. Healthcare 8.4.4. Government 8.4.5. Retail & E-Commerce 8.4.6. IT & Telecom 8.4.7. Education 8.4.8. Others Chapter 9. Global Workforce Management Market, Regional Analysis 9.1. Workforce Management Market, Regional Market Snapshot 9.2. North America Workforce Management Market 126.96.36.199. U.S. Workforce Management Market 188.8.131.52. Component breakdown estimates & forecasts, 2017-2027 184.108.40.206. Deployment Mode breakdown estimates & forecasts, 2017-2027 220.127.116.11. Organization Size breakdown estimates & forecasts, 2017-2027 18.104.22.168. Industry Vertical breakdown estimates & forecasts, 2017-2027 9.2.2. Canada Workforce Management Market 9.3. Europe Workforce Management Market Snapshot 9.3.1. U.K. Workforce Management Market 9.3.2. Germany Workforce Management Market 9.3.3. France Workforce Management Market 9.3.4. Spain Workforce Management Market 9.3.5. Italy Workforce Management Market 9.3.6. Rest of Europe Workforce Management Market 9.4. Asia-Pacific Workforce Management Market Snapshot 9.4.1. China Workforce Management Market 9.4.2. India Workforce Management Market 9.4.3. Japan Workforce Management Market 9.4.4. Australia Workforce Management Market 9.4.5. South Korea Workforce Management Market 9.4.6. Rest of Asia Pacific Workforce Management Market 9.5. Latin America Workforce Management Market Snapshot 9.5.1. Brazil Workforce Management Market 9.5.2. Mexico Workforce Management Market 9.6. Rest of The World Workforce Management Market Chapter 10. Competitive Intelligence 10.1. Top Market Strategies 10.2. Company Profiles 10.2.1. Automatic Data Processing, Inc. 10.2.1.1. Key Information 10.2.1.2. Overview 10.2.1.3. Financial (Subject to Data Availability) 10.2.1.4. Product Summary 10.2.1.5. Recent Developments 10.2.2. Infor 10.2.3. International Business Machines Corporation 10.2.4. Kronos Incorporated 10.2.5. Oracle Corporation 10.2.6. SAP SE 10.2.7. SumTotal Systems LLC 10.2.8. Verint Systems Inc. 10.2.9. Workday, Inc. 10.2.10. WorkForce Software, LLC Chapter 11. Research Process 11.1. Research Process 11.1.1. Data Mining 11.1.2. Analysis 11.1.3. Market Estimation 11.1.4. Validation 11.1.5. Publishing 11.2. Research Attributes 11.3. Research Assumption
Global Workforce Management Market is valued approximately at USD 4.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.2% over the forecast period 2020-2027. Workforce management is used to schedule day-to-day tasks for employees, helps companies to track time and attendance as well as administer absence and leave of their employees. Workforce management provides collective set of performance-based software and tools for an organization to support front line supervisors, corporate management, store managers, and workers across manufacturing, retail, distribution and transportation operations. For instance: In manufacturing industry, the adoption of workforce management solutions measure an employee’s productivity and helps them to manage and retain a high-performing workforce. The growing demand for workforce optimization and mobile application and increasing adoption of cloud-based workforce management solutions are the few factors responsible for growth of the market over the forecast period. Furthermore, the introduction of products and services along with other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 19th May 2020, Infor launched Infor Workforce Management Express Program in China. It is a business cloud software tool for workforce management with intelligent scheduling that help companies be operationally agile and ease the “back-to-work” phase as companies gradually re-open. However, privacy and security concerns related to workforce data deployed on the cloud is the major factor restraining the growth of global Workforce Management market during the forecast period.
The regional analysis of global Workforce Management market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the increasing adopting workforce management solutions and services. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Automatic Data Processing, Inc.
International Business Machines Corporation
SumTotal Systems LLC
Verint Systems Inc.
WorkForce Software, LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Deployment Mode:
By Organization Size:
Small & Medium Enterprises
By Industry Vertical:
Retail & E-Commerce
IT & Telecom
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Workforce Management Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers