Workforce Management Market Size, Application, Regional Estimates and Regional Trends, 2025

Felton, Calif., USA, May. 21, 2021 — /EPR Network/ —

The global Workforce Management Market research report provides complete insights on industry scope, trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.

Market Overview:

The global Workforce Management Market is expected to gain a positive traction in the forecast period. Workforce planning is the logical process to gauge and resolve the vacuum between workforce and human labor needs. It is thus a foundation to derive strategic decisions pertaining to human resources. Hence, a workforce management software supplements all the activities pertaining to human resource, organizational objectives and interrelated interaction.

Key Players:

• Active Ops Limited
• Ceridian HCM Holding, Inc.
• Nice Systems Limited
• Oracle Corporation
• Eg Solutions PLC
• Infor
• JDA Software Group, Inc.
• Kronos Incorporated
• Workforce Software Group Inc.
• Reflexis Systems, Inc.

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Growth Drivers:

Workforce management solution enables an organization to detect and rectify the problems that further ensure optimum use of existing resources. Workforce management market is driven by factors such as increase in modernization of work culture arising out of adoption of global trends and rise in use of digitization for designing work schedule. Increase in integration and interaction in daily operations is triggering technological and social advancements as well in companies across the globe. In addition, the shift in HR operations for administration and workforce planning is likely to contribute to the market growth in the forecast period. However, technical loopholes coupled with low awareness and dearth of technical competency negatively affects the workforce management industry.

Solution Scope:

• Workforce Scheduling
• Time & Attendance Management
• Embedded Analytics
• Absence Management

Applications Outlook:

• Academia
• Automotive & Manufacturing
• BFSI
• Government
• Healthcare
• Retail

Deployment Scope:

• Cloud
• On-premise

Company Size Scope:

• Large Enterprises
• Small and Medium Enterprises (SMEs)

Regional Outlook:

Geographical segmentation for workforce management industry include North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the market growth in the forecast period due to technological advances and increase in technological deployment projects on a large scale. Asia-Pacific’s market is expected to gain a significant rise during the forecast period due to increase in technological advances and availability of large population. Middle Eastern and African markets are expected to gain a positive traction in the forecast period.

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