Press release
Time and Attendance Systems Market Is Predicted To Grow At a CAGR of 8.5% Between 2018 and 2025 - QY Research
Time and Attendance Systems allows employees to clock in and out electronically via time clocks, internet-connected computers, mobile devices and telephones. The Time and Attendance Systems industry concentration is high, and the products mainly from USA. The Time and Attendance Systems in USA has a long history and unshakable status in this field. Time and Attendance Systems in possesses relative higher level of product’s quality. The biggest consumption market are North America and Europe, takes the market share of about 25.46% and 24.23%.
Different types of companies LCD offer different kinds of products. But the mass consumption is mainly from the Proximity Cards. Looking to the future years, prices gap between different brands will go narrowing. Time and Attendance Systems enterprises mainly deliver their products through distributors and agents, and Time and Attendance Systems exports are very important for some countries.
The global Time and Attendance Systems market was 1780 million US$ in 2017 and is expected to 3410 million US$ by the end of 2025, growing at a CAGR of 8.5% between 2018 and 2025.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Time and Attendance Systems in these regions, from 2013 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
ADP
Kronos
Insperity
Ultimate Software
Data Management Inc.
Synerion
ISolved
Redcort
NETtime Solutions
Replicon
By the product type, the market is primarily split into
Proximity Cards
Biometrics
By the end users/application, this report covers the following segments
Office Building
Hospital
Government
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