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Workforce Management Market Application, type, Industries and Region Analysis by 2025

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<strong>Workforce</strong> <strong>Management</strong> <strong>Market</strong> <strong>Application</strong>, <strong>type</strong>, <strong>Industries</strong> <strong>and</strong><br />

<strong>Region</strong> <strong>Analysis</strong> <strong>by</strong> <strong>2025</strong><br />

“<strong>Workforce</strong> planning is the logical process to gauge <strong>and</strong> resolve<br />

the vacuum between workforce <strong>and</strong> human labor needs. It is thus<br />

a foundation to derive strategic decisions pertaining to human<br />

resources. Hence, a workforce management software<br />

supplements all the activities pertaining to human resource,<br />

organizational objectives <strong>and</strong> interrelated interaction.”<br />

The global <strong>Workforce</strong> <strong>Management</strong> <strong>Market</strong> is expected to gain a positive traction in the forecast period.<br />

<strong>Workforce</strong> planning is the logical process to gauge <strong>and</strong> resolve the vacuum between workforce <strong>and</strong> human labor<br />

needs. It is thus a foundation to derive strategic decisions pertaining to human resources. Hence, a workforce<br />

management software supplements all the activities pertaining to human resource, organizational objectives<br />

<strong>and</strong> interrelated interaction. <strong>Workforce</strong> management solution enables an organization to detect <strong>and</strong> rectify the<br />

problems that further ensure optimum use of existing resources.<br />

<strong>Workforce</strong> management market is driven <strong>by</strong> factors such as increase in modernization of work culture arising<br />

out of adoption of global trends <strong>and</strong> rise in use of digitization for designing work schedule. Increase in<br />

integration <strong>and</strong> interaction in daily operations is triggering technological <strong>and</strong> social advancements as well in<br />

companies across the globe.<br />

In addition, the shift in HR operations for administration <strong>and</strong> workforce planning is likely to contribute to the<br />

market growth in the forecast period. However, technical loopholes coupled with low awareness <strong>and</strong> dearth of<br />

technical competency negatively affects the workforce management industry.<br />

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Based on solution, the workforce management market includes workforce scheduling, embedded analytics,<br />

time & attendance management, task management, <strong>and</strong> assigned jobs. By deployment, the market includes onpremise<br />

<strong>and</strong> cloud. Cloud technology accounts for a higher growth during the forecast period due to increase in<br />

preference <strong>by</strong> companies.<br />

The company size segmentation for workforce management industry includes small & medium enterprise <strong>and</strong><br />

large enterprise. Large enterprise dominate the market segment due to substantial dem<strong>and</strong> for workforce<br />

management <strong>and</strong> task alignment. <strong>Application</strong> segment for workforce management market includes BFSI,<br />

government, healthcare, automotive & manufacturing <strong>and</strong> retail.<br />

Healthcare segment is expected to dominate the market in the forecast period due to enormous structure of<br />

healthcare infrastructure around the world. Patient pooling coupled with management of internal affairs is likely<br />

to foster the healthcare infrastructure with the influx of workforce management software.<br />

Browse Full Research Report @<br />

https://www.millioninsights.com/industry-reports/workforce-management-market<br />

Geographical segmentation for workforce management industry include North America, South America, Europe,<br />

Asia-Pacific, Middle East <strong>and</strong> Africa. North America dominates the market growth in the forecast period due to<br />

technological advances <strong>and</strong> increase in technological deployment projects on a large scale.<br />

Asia-Pacific’s market is expected to gain a significant rise during the forecast period due to increase in<br />

technological advances <strong>and</strong> availability of large population. Middle Eastern <strong>and</strong> African markets are expected to<br />

gain a positive traction in the forecast period.<br />

The key players in the workforce management industry include Ceridian HCM Holding Inc, Oracle Corporation,<br />

Active Ops Limited, Eg Solutions Inc, JDA Software Group Inc, Kronos Inc, Replicon Inc, SISQUAL, <strong>and</strong> Reflexis<br />

System Inc.<br />

<strong>Market</strong> Segment:<br />

Solution Scope (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

• <strong>Workforce</strong> Scheduling<br />

• Time & Attendance <strong>Management</strong><br />

• Embedded Analytics<br />

• Absence <strong>Management</strong><br />

• Others


Deployment Scope (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

• Cloud<br />

• On-premise<br />

Company Size Scope (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

• Large Enterprises<br />

• Small <strong>and</strong> Medium Enterprises (SMEs)<br />

<strong>Application</strong> Scope (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

• Academia<br />

• Automotive & Manufacturing<br />

• BFSI<br />

• Government<br />

• Healthcare<br />

• Retail<br />

• Others<br />

<strong>Region</strong>al Outlook (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

• North America<br />

• U.S.<br />

• Canada<br />

• Europe<br />

• UK<br />

• Germany<br />

• Asia Pacific<br />

• China<br />

• India<br />

• Japan<br />

• Latin America<br />

• Brazil<br />

• Middle East & Africa (MEA)


See More Reports of this Category <strong>by</strong> Million Insights @<br />

https://www.millioninsights.com/industry/technology<br />

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