According to a new market research report published by Credence Research, “Workforce Management Software Market (By Mode of Deployment (On-premise and Cloud-based), By Functionality (Workforce Forecast & Scheduling, Time & Attendance Management, Absence Management, Workforce Analytics and Others), By End-use (BFSI, Retail, Healthcare, Automotive, Industrial Manufacturing, Government, and Others (Education, etc.)), By Geography (North America, Europe, Asia Pacific, and Rest of the World)) - Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global workforce management software market was valued at US$ 4.25 Bn in 2017 and expected to expand at a CAGR of 7.5% during the forecast period from 2018 to 2026.
Browse the full Workforce Management Software Market- Growth, Future Prospects, and Competitive Landscape, 2018 -2026 report at https://www.credenceresearch.com/report/workforce-management-software-market
Product & Market Insights
Workforce management solutions aid business organizations to maintain and track workforce so as to help organization achieve desired productivity. The complexities involved in today’s business operations and increasing demands on managers have made use of software tools critical for scheduling, forecasting, staffing, and managing other business operations effectively. Regardless of the industry vertical, size of business organization, or the technology deployed by the business, workforce management software solutions have become imperative tools for increasing revenues and attaining a return on customer service investments. The role of management solutions, especially in the Human Resource domain is witnessing a paradigm shift from administrative to analytics wherein the major focus is on data gathering and analysis. With further advancements in technology, integration of Big Data and mobility into conventional management solutions will likely define course of the market growth in the coming years.
One of the prominent factor driving the global workforce management software market is the continual penetration of the Internet of Things (IoT) technology across business organizations. IoT has become one of the mainstream technologies in several business enterprises, used to connect all smart devices over an integrated network, and thereby control and monitor connected processes in real-time. Thus, IoT integration has simplified the task of maintaining and tracking workforce which was earlier carried out manually or through spreadsheets, leading to discrepancy of data in majority of cases. Thus, growing preference for digital solutions to transform existing business processes to connected ones bodes well for the market growth.
Key companies profiled in the research study include SAP SE, Kronos Incorporated, Oracle Corporation, Workforce Software Group Inc., Reflexis Systems Inc., Active Operations Management International LLP, SISQUAL, Nice Systems Inc., and Infor among others. The global workforce management software market is fragmented and technology driven. In order to differentiate from competitors, vendors may focus on integrating analytics in their offerings, thereby striving to gain early movers advantage, especially in emerging economies.
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Table of Content
- Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted - Executive Summary
2.1. Global Workforce Management Software Market Snapshot
2.2. Global Workforce Management Software Market, by Mode of Deployment, 2017 (US$ Bn)
2.3. Global Workforce Management Software Market, by End-use Vertical, 2017 (US$ Bn)
2.4. Global Workforce Management Software Market, by Functionality, 2017 (US$ Bn)
2.5. Global Workforce Management Software Market, by Geography, 2017 (US$ Bn) - Global Workforce Management Software Market Analysis
3.1. Global Workforce Management Software Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. Attractive Investment Proposition, by Geography, 2017
3.5. Competitive Landscape
3.5.1. Market Positioning of the Leading Manufacturers
3.5.2. Major Strategies Adopted - Global Workforce Management Software Market Value, by Mode of Deployment , 2016 – 2026 (US$ Bn)
4.1. Comparative Analysis
4.1.1. Workforce Management Software Market Value, by Mode of Deployment, 2017 & 2026 (Value %)
4.2. On-premise
4.3. Cloud-based - Global Workforce Management Software Market Value, by End-use Vertical , 2016 – 2026 (US$ Bn)
5.1. Comparative Analysis
5.1.1. Workforce Management Software Market Value, by End-use, 2017 & 2026 (Value %)
5.2. BFSI
5.3. Retail
5.4. Healthcare
5.5. Automotive
5.6. Industrial Manufacturing
5.7. Government
5.8. Others (Education, etc.) - Global Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
6.1. Comparative Analysis
6.1.1. Workforce Management Software Market Value, by Functionality, 2017 & 2026 (Value %)
6.2. Workforce Forecast & Scheduling
6.3. Time & Attendance Management
6.4. Absence Management
6.5. Workforce Analytics
6.6. Others (Fatigue Management, Task Management, etc.) - North America Workforce Management Software Market Analysis, 2016 – 2026 (US$ Bn)
7.1. North America Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
7.1.1. On-premise
7.1.2. Cloud-based
7.2. North America Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
7.2.1. BFSI
7.2.2. Retail
7.2.3. Healthcare
7.2.4. Automotive
7.2.5. Industrial Manufacturing
7.2.6. Government
7.2.7. Others (Education, etc.)
7.3. North America Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
7.3.1. Workforce Forecast & Scheduling
7.3.2. Time & Attendance Management
7.3.3. Absence Management
7.3.4. Workforce Analytics
7.3.5. Others (Fatigue Management, Task Management, etc.)
7.4. North America Workforce Management Software Market Value, by Country, 2016 – 2026 (US$ Bn)
7.4.1. U.S.
7.4.1.1. U.S. Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
7.4.1.2. U.S. Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
7.4.1.3. U.S. Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
7.4.2. Rest of North America
7.4.2.1. Rest of North America Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
7.4.2.2. Rest of North America Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
7.4.2.3. Rest of North America Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn) - Europe Workforce Management Software Market Analysis, 2016 – 2026 (US$ Bn)
8.1. Europe Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
8.1.1. On-premise
8.1.2. Cloud-based
8.2. Europe Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
8.2.1. BFSI
8.2.2. Retail
8.2.3. Healthcare
8.2.4. Automotive
8.2.5. Industrial Manufacturing
8.2.6. Government
8.2.7. Others (Education, etc.)
8.3. Europe Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
8.3.1. Workforce Forecast & Scheduling
8.3.2. Time & Attendance Management
8.3.3. Absence Management
8.3.4. Workforce Analytics
8.3.5. Others (Fatigue Management, Task Management, etc.)
8.4. Europe Workforce Management Software Market Value, by Region, 2016 – 2026 (US$ Bn)
8.4.1. U.K.
8.4.1.1. U.K. Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
8.4.1.2. U.K. Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
8.4.1.3. U.K. Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
8.4.2. Germany
8.4.2.1. Germany Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
8.4.2.2. Germany Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
8.4.2.3. Germany Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
8.4.3. France
8.4.3.1. France Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
8.4.3.2. France Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
8.4.3.3. France Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
8.4.4. Rest of Europe
8.4.4.1. Rest of Europe Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
8.4.4.2. Rest of Europe Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
8.4.4.3. Rest of Europe Market Value, by Functionality, 2016 – 2026 (US$ Bn) - Asia Pacific Workforce Management Software Market Analysis, 2016 – 2026 (US$ Bn)
9.1. Asia Pacific Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
9.1.1. On-premise
9.1.2. Cloud-based
9.2. Asia Pacific Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
9.2.1. BFSI
9.2.2. Retail
9.2.3. Healthcare
9.2.4. Automotive
9.2.5. Industrial Manufacturing
9.2.6. Government
9.2.7. Others (Education, etc.)
9.3. Asia Pacific Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
9.3.1. Workforce Forecast & Scheduling
9.3.2. Time & Attendance Management
9.3.3. Absence Management
9.3.4. Workforce Analytics
9.3.5. Others (Fatigue Management, Task Management, etc.)
9.4. Asia Pacific Workforce Management Software Market Value, by Country, 2016 – 2026 (US$ Bn)
9.4.1. Japan
9.4.1.1. Japan Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
9.4.1.2. Japan Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
9.4.1.3. Japan Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
9.4.2. China
9.4.2.1. China Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
9.4.2.2. China Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
9.4.2.3. China Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
9.4.3. India
9.4.3.1. India Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
9.4.3.2. India Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
9.4.3.3. India Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
9.4.4. Rest of Asia Pacific
9.4.4.1. Rest of Asia Pacific Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
9.4.4.2. Rest of Asia Pacific Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
9.4.4.3. Rest of Asia Pacific Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn) - Rest of World Workforce Management Software Market Analysis, 2016 – 2026 (US$ Bn)
10.1. Rest of World Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
10.1.1. On-premise
10.1.2. Cloud-based
10.2. Rest of World Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
10.2.1. BFSI
10.2.2. Retail
10.2.3. Healthcare
10.2.4. Automotive
10.2.5. Industrial Manufacturing
10.2.6. Government
10.2.7. Others (Education, etc.)
10.3. Rest of World Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
10.3.1. Workforce Forecast & Scheduling
10.3.2. Time & Attendance Management
10.3.3. Absence Management
10.3.4. Workforce Analytics
10.3.5. Others (Fatigue Management, Task Management, etc.)
10.4. Rest of World Workforce Management Software Market Value, by Region, 2016 – 2026 (US$ Bn)
10.4.1. Latin America
10.4.1.1. Latin America Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
10.4.1.2. Latin America Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
10.4.1.3. Latin America Pacific Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn)
10.4.2. Middle-East and Africa
10.4.2.1. Middle-East and Africa Workforce Management Software Market Value, by Mode of Deployment, 2016 – 2026 (US$ Bn)
10.4.2.2. Middle-East and Africa Workforce Management Software Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
10.4.2.3. Middle-East and Africa Workforce Management Software Market Value, by Functionality, 2016 – 2026 (US$ Bn) - Company Profiles
11.1. SAP SE
11.2. Kronos Incorporated
11.3. Oracle Corporation
11.4. Workforce Software Group Inc.
11.5. Reflexis Systems Inc.
11.6. Active Operations Management International LLP
11.7. SISQUAL
11.8. Nice Systems Inc.
11.9. Infor
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