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Workforce Management Market - Global Industry Analysis

Workforce Management Market by Component (Solutions, Services) by Deployment Type (On-Premises, Cloud), by Vertical (Telecom, Government, Consumer Goods and Retail, Manufacturing and Others) and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 20-Oct-2021 Category: Technology & Media Report Format : PDF Pages: 150 Report Code: ZMR-1047 Status : Published

The global Workforce Management market accounted for USD 6,002.2 Million in 2020 and is expected to reach USD 12,410.7 Million by 2028, growing at a CAGR of 9.8% from 2021 to 2028.

Description

Market Overview

The global Workforce Management market accounted for USD 6,002.2 Million in 2020 and is expected to reach USD 12,410.7 Million by 2028, growing at a CAGR of 9.8% from 2021 to 2028.

Workforce management manages and maintains all major workforce functions in the organization. This component of workforce management falls under the category of HR management. Human resource management enables organizations to address existing problems and ensure the efficient use of resources.

In addition, some businesses that can be medium or small enterprises, there are different methods like traditional methods and convenient methods that are used to track the actual employees and workforce.This is done to overcome the drawbacks that the traditional methods human resource management faces. Hence, to reduce labor costs, improve productivity and utilize employees to improve business performance is done. Automatically processes such as remuneration of employees and their calculation time increase accuracy and eliminate calculation errors.

Global Workforce Management Market Size

COVID-19 Impact Analysis

Due to COVID-19 there has been disruptions all over the world. The working of many industries has been disrupted and now people are adopting solutions that are software based and this will help them in growing their business and help in management of the productivity of employees. With the use of these effective workforce management tools the business can strategically plan their business goals. Due to pandemic the demand for good workforce has increased so that they can create good balance between technological use and employee’s performance.

Growth Factors

The major factors influencing the growth of workforce management are due to the rising demand for mobile based workforce and optimization of workforce.  Furthermore, people are now moving towards the workforce management by adoption of cloud-based management. This is helpful in the stabilization of remote workforce and hence thereby helpful in the pandemic situation and this is boosting the global workforce management market.

In addition to this, the other factors that are responsible for growth in this market are that the dynamics of the workforce is continuously going through changes and the growing consumption of workforce further adds up to the growth of global workforce management market. Moreover, the use of mobile phones has drastically increased in the past few years and ease of software solutions availability. It has functions in different verticals like healthcare, retail and e-commerce, government.  Hence, all these factors contribute to the growth of overall workforce management market.

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Component Segment Analysis Preview

Solutions segment held a share of above 52% in 2020. This is attributable to the fact that these workforce management solutions are changing rapidly due to the transformation of traditional solutions into technology solutions and IT. Furthermore, the management give time to the employees to focus on the most important business aspects and it offers a variety of solutions to simplify the work of employees in organizations.

In addition, the solutions offered by the market not only help the better organization of employees but also helps to simplify employee performance. By component the market is divided into services and solutions. These management solutions include staff planning, time and attendance, workforce scheduling, employee analytics, leave and absence management, and more including management of tasks and fatigue management which helps maintain a variety of human resource operations and analysis of data of key business processes. Hence, this contributes to the growth of solutions segment thereby growing the overall Workforce management market.

Global Workforce Management Market Share

Verticals Segment Analysis Preview

Consumer goods and retail segment will grow at a CAGR of over 6.5% from 2021 to 2028. This is attributable as this is an emerging vertical and expected to grow rapidly in terms of technological changes, customer needs, and employment. This vertical involves customer engagement and demands for employee productivity hence to achieve such competitive advantages workforce management is a must.

Furthermore, Consumer goods and retail subsegment require a lot of visibility and control of a variety of mixed and varied staff consisting of drivers, field service providers, and store staff, both internally and externally. These solutions solve these complexities with the efficient use of resources

Vertical segment includes many subsegments other than consumer goods and retail, some of the other subsegments include Government, Banking and Financial Services and Insurance (BFSI), Manufacturing, Healthcare and Life Sciences, Energy and Utilities, Information Technology enabled Services, Transportation and Logistics Education, Travel and Hospitality, and Media and Entertainment and Telecom.

Regional Analysis Preview

The Asia Pacific region held a share of 30% in 2020. This is attributable These solutions for Workforce management helps to solve these complexities with the efficient use of resources and big data and provide mobile solutions for budgeting, forecasting, and human resource management. Moreover, the increasing demand for smart management solutions is expected to generate huge demand for the market in this region.

Global Workforce Management Market Regional Analysis

The North America region is projected to grow at a CAGR of over 6.5% over the forecast period and will be a leading region in adopting workforce or human resource management solutions and services. This surge is due to the increasing adoption of workforce management solutions in the region. Businesses in the region are the most progressive in terms of ML or Machine Learning, Artificial Intelligence (AI) adoption, and cloud adoption, thereby enhancing market growth.  

Key Market Players & Competitive Landscape

Some of key players in Workforce Management market are Infor Global Solutions¸ IBM Corporation, Reflexis System Inc., Kronos, Crown Workforce Management System, Atoss Software AG, Oracle Corporation, Automatic Data Processing (ADP), Clicksoftware Technologies Ltd., and Workday, among others.

The customer engagement and increasing employee’s productivity is a must for human resource management hence in the different verticals like healthcare, retail and e-commerce, government there is a huge demand for workforce management. With difficulties in the business sector, it needs to focus on employee training, timing and availability, human analytics, forecasting, and performance planning.

The global Workforce Management market is segmented as follows:

By Component:

  • Solutions
  • Services

By Deployment Type:

  • On-Premises
  • Cloud

By Vertical:

  • Telecom
  • Government
  • Consumer Goods and Retail
  • Manufacturing
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Component
        • 2.1.1.2. Market Attractiveness Analysis, By Deployment Type
        • 2.1.1.3. Market Attractiveness Analysis, By Verticals
        • 2.1.1.4. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Workforce Management Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: Workforce Management Market – Component Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Component, 2020 & 2028
    • 4.2. Services
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Sulutions
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5: Workforce Management Market – Deployment Type Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Deployment Type, 2020 & 2028
    • 5.2. On-Premises
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Cloud
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6: Workforce Management Market – Verticals Segment Analysis
    • 6.1. Overview
      • 6.1.1. Market Revenue Share, By Verticals, 2020 & 2028
    • 6.2. Telecom
      • 6.2.1. Market Size and Forecast, By Region (USD Million)
      • 6.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.3. Government
      • 6.3.1. Market Size and Forecast, By Region (USD Million)
      • 6.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.4. Consumer Goods and Retail
      • 6.4.1. Market Size and Forecast, By Region (USD Million)
      • 6.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.5. Manufacturing
      • 6.5.1. Market Size and Forecast, By Region (USD Million)
      • 6.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 6.6. Others
      • 6.6.1. Market Size and Forecast, By Region (USD Million)
      • 6.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 6.6.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 7: Workforce Management Market – Regional Analysis
    • 7.1. Overview
      • 7.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 7.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 7.2. North America
      • 7.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.2.2. North America Market Revenue, By Component, 2016 – 2028
      • 7.2.3. North America Market Revenue, By Deployment Type, 2016 – 2028
      • 7.2.4. North America Market Revenue, By Verticals, 2016 – 2028
      • 7.2.5. U.S.
        • 7.2.5.1. U.S. Market Revenue, By Component, 2016 – 2028
        • 7.2.5.2. U.S. Market Revenue, By Deployment Type, 2016 – 2028
        • 7.2.5.3. U.S. Market Revenue, By Verticals, 2016 – 2028
      • 7.2.6. Canada
        • 7.2.6.1. Canada Market Revenue, By Component, 2016 – 2028
        • 7.2.6.2. Canada Market Revenue, By Deployment Type, 2016 – 2028
        • 7.2.6.3. Canada Market Revenue, By Verticals, 2016 – 2028
    • 7.3. Europe
      • 7.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.3.2. Europe Market Revenue, By Component, 2016 – 2028
      • 7.3.3. Europe Market Revenue, By Deployment Type, 2016 – 2028
      • 7.3.4. Europe Market Revenue, By Verticals, 2016 – 2028
      • 7.3.5. Germany
        • 7.3.5.1. Germany Market Revenue, By Component, 2016 – 2028
        • 7.3.5.2. Germany Market Revenue, By Deployment Type, 2016 – 2028
        • 7.3.5.3. Germany Market Revenue, By Verticals, 2016 – 2028
      • 7.3.6. France
        • 7.3.6.1. France Market Revenue, By Component, 2016 – 2028
        • 7.3.6.2. France Market Revenue, By Deployment Type, 2016 – 2028
        • 7.3.6.3. France Market Revenue, By Verticals, 2016 – 2028
      • 7.3.7. U.K.
        • 7.3.7.1. U.K. Market Revenue, By Component, 2016 – 2028
        • 7.3.7.2. U.K. Market Revenue, By Deployment Type, 2016 – 2028
        • 7.3.7.3. U.K. Market Revenue, By Verticals, 2016 – 2028
      • 7.3.8. Italy
        • 7.3.8.1. Italy Market Revenue, By Component, 2016 – 2028
        • 7.3.8.2. Italy Market Revenue, By Deployment Type, 2016 – 2028
        • 7.3.8.3. Italy Market Revenue, By Verticals, 2016 – 2028
      • 7.3.9. Spain
        • 7.3.9.1. Spain Market Revenue, By Component, 2016 – 2028
        • 7.3.9.2. Spain Market Revenue, By Deployment Type, 2016 – 2028
        • 7.3.9.3. Spain Market Revenue, By Verticals, 2016 – 2028
      • 7.3.10. Rest of Europe
        • 7.3.10.1. Rest of Europe Market Revenue, By Component, 2016 – 2028
        • 7.3.10.2. Rest of Europe Market Revenue, By Deployment Type, 2016 – 2028
        • 7.3.10.3. Rest of Europe Market Revenue, By Verticals, 2016 – 2028
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.4.2. Asia Pacific Market Revenue, By Component, 2016 – 2028
      • 7.4.3. Asia Pacific Market Revenue, By Deployment Type, 2016 – 2028
      • 7.4.4. Asia Pacific Market Revenue, By Verticals, 2016 – 2028
      • 7.4.5. China
        • 7.4.5.1. China Market Revenue, By Component, 2016 – 2028
        • 7.4.5.2. China Market Revenue, By Deployment Type, 2016 – 2028
        • 7.4.5.3. China Market Revenue, By Verticals, 2016 – 2028
      • 7.4.6. Japan
        • 7.4.6.1. Japan Market Revenue, By Component, 2016 – 2028
        • 7.4.6.2. Japan Market Revenue, By Deployment Type, 2016 – 2028
        • 7.4.6.3. Japan Market Revenue, By Verticals, 2016 – 2028
      • 7.4.7. India
        • 7.4.7.1. India Market Revenue, By Component, 2016 – 2028
        • 7.4.7.2. India Market Revenue, By Deployment Type, 2016 – 2028
        • 7.4.7.3. India Market Revenue, By Verticals, 2016 – 2028
      • 7.4.8. South Korea
        • 7.4.8.1. South Korea Market Revenue, By Component, 2016 – 2028
        • 7.4.8.2. South Korea Market Revenue, By Deployment Type, 2016 – 2028
        • 7.4.8.3. South Korea Market Revenue, By Verticals, 2016 – 2028
      • 7.4.9. South-East Asia
        • 7.4.9.1. South-East Asia Market Revenue, By Component, 2016 – 2028
        • 7.4.9.2. South-East Asia Market Revenue, By Deployment Type, 2016 – 2028
        • 7.4.9.3. South-East Asia Market Revenue, By Verticals, 2016 – 2028
      • 7.4.10. Rest of Asia Pacific
        • 7.4.10.1. Rest of Asia Pacific Market Revenue, By Component, 2016 – 2028
        • 7.4.10.2. Rest of Asia Pacific Market Revenue, By Deployment Type, 2016 – 2028
        • 7.4.10.3. Rest of Asia Pacific Market Revenue, By Verticals, 2016 – 2028
    • 7.5. Latin America
      • 7.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.5.2. Latin America Market Revenue, By Component, 2016 – 2028
      • 7.5.3. Latin America Market Revenue, By Deployment Type, 2016 – 2028
      • 7.5.4. Latin America Market Revenue, By Verticals, 2016 – 2028
      • 7.5.5. Brazil
        • 7.5.5.1. Brazil Market Revenue, By Component, 2016 – 2028
        • 7.5.5.2. Brazil Market Revenue, By Deployment Type, 2016 – 2028
        • 7.5.5.3. Brazil Market Revenue, By Verticals, 2016 – 2028
      • 7.5.6. Mexico
        • 7.5.6.1. Mexico Market Revenue, By Component, 2016 – 2028
        • 7.5.6.2. Mexico Market Revenue, By Deployment Type, 2016 – 2028
        • 7.5.6.3. Mexico Market Revenue, By Verticals, 2016 – 2028
      • 7.5.7. Rest of Latin America
        • 7.5.7.1. Rest of Latin America Market Revenue, By Component, 2016 – 2028
        • 7.5.7.2. Rest of Latin America Market Revenue, By Deployment Type, 2016 – 2028
        • 7.5.7.3. Rest of Latin America Market Revenue, By Verticals, 2016 – 2028
    • 7.6. The Middle-East and Africa
      • 7.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 7.6.2. The Middle-East and Africa Market Revenue, By Component, 2016 – 2028
      • 7.6.3. The Middle-East and Africa Market Revenue, By Deployment Type, 2016 – 2028
      • 7.6.4. The Middle-East and Africa Market Revenue, By Verticals, 2016 – 2028
      • 7.6.5. GCC Countries
        • 7.6.5.1. GCC Countries Market Revenue, By Component, 2016 – 2028
        • 7.6.5.2. GCC Countries Market Revenue, By Deployment Type, 2016 – 2028
        • 7.6.5.3. GCC Countries Market Revenue, By Verticals, 2016 – 2028
      • 7.6.6. South Africa
        • 7.6.6.1. South Africa Market Revenue, By Component, 2016 – 2028
        • 7.6.6.2. South Africa Market Revenue, By Deployment Type, 2016 – 2028
        • 7.6.6.3. South Africa Market Revenue, By Verticals, 2016 – 2028
      • 7.6.7. Rest of Middle-East Africa
        • 7.6.7.1. Rest of Middle-East Africa Market Revenue, By Component, 2016 – 2028
        • 7.6.7.2. Rest of Middle-East Africa Market Revenue, By Deployment Type, 2016 – 2028
        • 7.6.7.3. Rest of Middle-East Africa Market Revenue, By Verticals, 2016 – 2028
  • Chapter No. 8: Workforce Management Market – Industry Analysis
    • 8.1. Introduction
    • 8.2. Market Drivers
      • 8.2.1. Driving Factor 1 Analysis
      • 8.2.2. Driving Factor 2 Analysis
    • 8.3. Market Restraints
      • 8.3.1. Restraining Factor Analysis
    • 8.4. Market Opportunities
      • 8.4.1. Market Opportunity Analysis
    • 8.5. Porter’s Five Forces Analysis
    • 8.6. PEST Analysis
    • 8.7. Regulatory Landscape
    • 8.8. Technulogy Landscape
    • 8.9. Regional Market Trends
      • 8.9.1. North America
      • 8.9.2. Europe
      • 8.9.3. Asia Pacific
      • 8.9.4. Latin America
      • 8.9.5. The Middle-East and Africa
    • 8.10. Pricing Analysis
    • 8.11. Value Chain Analysis
    • 8.12. Downstream Buyers
    • 8.13. Distributors/Traders List
  • Chapter No. 9: Competitive Landscape
    • 9.1. Company Market Share Analysis – 2019
      • 9.1.1. Global Workforce Management Market: Company Market Share, 2019
      • 9.1.2. Global Workforce Management Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 9.1.3. Global Workforce Management Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 9.1.4. Global Workforce Management Market: Radar Determinant Chart, 2019
    • 9.2. Strategic Developments
      • 9.2.1. Acquisitions & Mergers
      • 9.2.2. New Product Launch
      • 9.2.3. Regional Expansion
    • 9.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 10: Company Profiles
    • 10.1. Infor Global Sulutions
      • 10.1.1. Company Overview
      • 10.1.2. Key Executives
      • 10.1.3. Product Portfulio
      • 10.1.4. Financial Overview
      • 10.1.5. Operating Business Segments
      • 10.1.6. Business Performance
      • 10.1.7. Recent Developments
    • 10.2. IBM Corporation
    • 10.3. Reflexis System Inc.
    • 10.4. Kronos
    • 10.5. Crown Workforce Management System
    • 10.6. Atoss Software AG
    • 10.7. Oracle Corporation
    • 10.8. Automatic Data Processing (ADP)
    • 10.9. Clicksoftware Technulogies Ltd.
    • 10.10. Workday
  • Chapter No. 11: Marketing Strategy Analysis
    • 11.1. Marketing Channel
    • 11.2. Direct Marketing
    • 11.3. Indirect Marketing
    • 11.4. Marketing Channel Development Trends
    • 11.5. Economic/Pulitical Environmental Change
  • Chapter No. 12: Research Methodulogy
    • 12.1. Research Methodulogy
    • 12.2. Phase I - Secondary Research
    • 12.3. Phase II - Data Modeling
      • 12.3.1. Company Share Analysis Model
      • 12.3.2. Revenue Based Modeling
    • 12.4. Phase III - Primary Research
    • 12.5. Research Limitations
      • 12.5.1. Assumptions

List of Figures    

FIG NO. 1. Market Attractiveness Analysis, By Component
FIG NO. 2. Market Attractiveness Analysis, By Deployment Type
FIG NO. 3. Market Attractiveness Analysis, By Verticals
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. Global Workforce Management Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Component, 2020 & 2028
FIG NO. 8. Global Workforce Management Market for Services, Revenue (USD Million) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of Workforce Management Market for Services, By Country, 2020 & 2028
FIG NO. 10. Global Workforce Management Market for Solutions, Revenue (USD Million) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of Workforce Management Market for Solutions, By Country, 2020 & 2028
FIG NO. 12. Market Revenue Share, By Deployment Type, 2020 & 2028
FIG NO. 13. Global Workforce Management Market for On-Premises, Revenue (USD Million) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Workforce Management Market for On-Premises, By Country, 2020 & 2028
FIG NO. 15. Global Workforce Management Market for Cloud, Revenue (USD Million) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Workforce Management Market for Cloud, By Country, 2020 & 2028
FIG NO. 17. Market Revenue Share, By Verticals, 2020 & 2028
FIG NO. 18. Global Workforce Management Market for Telecom, Revenue (USD Million) 2016 – 2028
FIG NO. 19. Comparative Revenue Analysis of Workforce Management Market for Telecom, By Country, 2020 & 2028
FIG NO. 20. Global Workforce Management Market for Government, Revenue (USD Million) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Workforce Management Market for Government, By Country, 2020 & 2028
FIG NO. 22. Global Workforce Management Market for Consumer Goods and Retail, Revenue (USD Million) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Workforce Management Market for Consumer Goods and Retail, By Country, 2020 & 2028
FIG NO. 24. Global Workforce Management Market for Manufacturing, Revenue (USD Million) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Workforce Management Market for Manufacturing, By Country, 2020 & 2028
FIG NO. 26. Global Workforce Management Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Workforce Management Market for Others, By Country, 2020 & 2028
FIG NO. 28. Global Workforce Management Market Revenue Share, By Region, 2020 & 2028
FIG NO. 29. North America Workforce Management Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 30. Porter’s Five Forces Analysis for Global Workforce Management Market
FIG NO. 31. PEST Analysis for Global Workforce Management Market
FIG NO. 32. Pricing Analysis for Global Workforce Management Market
FIG NO. 33. Value Chain Analysis for Global Workforce Management Market
FIG NO. 34. Company Share Analysis, 2019
FIG NO. 35. Radar Determinant Chart, 2019
FIG NO. 36. Company Strategic Developments – Heat Map Analysis
FIG NO. 37. Infor Global Solutions Business Segment Revenue Share, 2020 (%)
FIG NO. 38. Infor Global Solutions Geographical Segment Revenue Share, 2020 (%)
FIG NO. 39. Market Channels
FIG NO. 40. Marketing Channel Development Trend
FIG NO. 41. Growth in World Gross Product, 2008-2018
FIG NO. 42. Research Methodology – Detailed View
FIG NO. 43. Research Methodology
 
 


List of Tables 

TABLE NO. 1. Global Workforce Management Market: Snapshot
TABLE NO. 2. Quarterly Workforce Management Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Workforce Management Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Workforce Management Market for Services, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Workforce Management Market for Solutions, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Workforce Management Market for On-Premises, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Workforce Management Market for Cloud, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Workforce Management Market for Telecom, by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Workforce Management Market for Government, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Workforce Management Market for Consumer Goods and Retail, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Workforce Management Market for Manufacturing, by Region, 2016 – 2028 (USD Million)
TABLE NO. 14. Global Workforce Management Market for Others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 15. Global Workforce Management Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 16. North America Workforce Management Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 17. North America Workforce Management Market Revenue, By Component, 2016 – 2028 (USD Million)
TABLE NO. 18. North America Workforce Management Market Revenue, By Deployment Type, 2016 – 2028 (USD Million)
TABLE NO. 19. North America Workforce Management Market Revenue, By Verticals, 2016 – 2028 (USD Million)
TABLE NO. 20. U.S. Workforce Management Market Revenue, By Component, 2016 – 2028 (USD Million)
TABLE NO. 21. U.S. Workforce Management Market Revenue, By Deployment Type, 2016 – 2028 (USD Million)
TABLE NO. 22. U.S. Workforce Management Market Revenue, By Verticals, 2016 – 2028 (USD Million)
TABLE NO. 23. Canada Workforce Management Market Revenue, By Component, 2016 – 2028 (USD Million)
TABLE NO. 24. Canada Workforce Management Market Revenue, By Deployment Type, 2016 – 2028 (USD Million)
TABLE NO. 25. Canada Workforce Management Market Revenue, By Verticals, 2016 – 2028 (USD Million)
TABLE NO. 26. Drivers for the Workforce Management Market: Impact Analysis
TABLE NO. 27. Restraints for the Workforce Management Market: Impact Analysis
TABLE NO. 28. Major Buyers of Workforce Management
TABLE NO. 29. Distributors/Traders List of Workforce Management
TABLE NO. 30. Global Workforce Management Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 31. Global Workforce Management Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
 


 

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FrequentlyAsked Questions

The global workforce management market was valued at USD 6,002.2 Million in 2020.

The global Workforce Management market is expected to reach USD 12,410.7 Million by 2028, growing at a CAGR of 9.8% between 2021 to 2028.

Some of the key factors driving the global Workforce Management market growth are due to the rising demand for mobile based workforce and optimization of workforce.  Furthermore, people are now moving towards the workforce management by adoption of cloud-based management.

The Asia Pacific region held a share of 20% in 2020. The North America region is projected to grow at a CAGR of 8.8% over the forecast period and will be a leading region in adopting workforce or human resource management solutions and services. This surge is due to the increasing adoption of workforce management solutions in the region.

Some of the major companies operating in the Workforce Management market are Infor Global Solutions¸ IBM Corporation, Reflexis System Inc., Kronos, Crown Workforce Management System, Atoss Software AG, Oracle Corporation, Automatic Data Processing (ADP), Clicksoftware Technologies Ltd., and Workday, among others.

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