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Workforce Management Systems Market by Top Manufacturers – Oracle Corporation, JDA Software, Huntington Business Systems, Inc., Active Ops Limited, Atoss Software AG

12-24-2018 09:54 AM CET | IT, New Media & Software

Press release from: Big Market Research

Workforce Management Systems Market

Workforce Management Systems Market

The workforce management systems market is expected to be around $9.30 billion by 2023 from $3.83 billion in 2014 growing at a CAGR of 10.35%. The market is primarily driven by factors such as increasing demand for workforce optimization and increasing demand of cloud based solutions. Furthermore, growing cloud-based solutions deployment and cell phone insight across over several emerging markets are projected to drive the growth of workforce management systems market.

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Additionally, the advantage offers by workforce management ensures an enhanced flow of measuring and maintaining the workforce in an enterprise. Workforce Management Systems Market is anticipated to witness a boom CAGR amid the anticipated period due to increasing number of small and medium organizations and arising populace among users across growing markets.

Product Outlook and Trend Analysis
Workforce analytics is foreseen to significant product segment and will make new ways accessible for future enhancements in coming product sets. Service domain estimated as major shares in the market due to utilization of software and hardware in organizations. Product services relevant to workforce management systems are utilized over many small-medium enterprises which perform smooth flow of computation and analytics and provide specific solutions as per the need. Software can be further classified into cloud based and on premise software.

Solution Outlook and Trend Analysis
On the basis of solution, task management and time and attendance shows the major shares in the market. The workforce management systems can be sectioned into absence and holiday management, task management, analytics, budgeting and forecasting, scheduling optimization, and time and attendance. Solutions like, time & attendance management systems have been in used by various organization for a long time and are estimated to increase steady progress in future. This development can be ascribed to the requirement for consistence with government administrative strategies, which are liable to frequent changes and are diverse for every region.

Regional Outlook and Trend Analysis
Workforce Management Systems Market is estimated to witness a high CAGR during the projected period due to growing number of small and medium organizations and developing populace among users across rising markets. At present, North America dominated the workforce management system market followed by Western Europe. Asia-Pacific is relied upon to reflect most prominent CAGR during the forecast period.

Competitive Insights
Industry players are concentrating on improving their products and solutions with additional capacities including analytics, consistence, and distinctive vendor reconciliation to add a competitive edge to the products. Moreover, these vendors focuses on making workforce management system solutions a strategic tool, operations-driven application, which will drive the exploration and upgrading events in the organization.

Some of the major players in the global workforce management market are Oracle Corporation, JDA Software, Huntington Business Systems, Inc., Active Ops Limited, Atoss Software AG, International Business Machines Corporation, Kronos, Inc., Automatic Data Processing LLC, SAP SE, Verint Systems, Inc., Primion Technology, Workday, Inc., Ultimate Software Group, Inc., Workforce Software, LLC, Reflexis Systems, Inc., among others.

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Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Increasing demand of cloud based solutions
3.2.1.2. Adoption rate of ERP and analytical solutions
3.2.1.3. Increase in mobile applications and increasing demand for workforce optimization
3.2.2. Restraints
3.2.2.1. Deployment rate of the software
3.2.2.2. Execution issues with the software
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market States and Outlook (2013-2025)
4.1.2. Canada Market States and Outlook (2013-2025)
4.1.3. Mexico Market States and Outlook (2013-2025)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market States and Outlook (2013-2025)
4.2.2. France Market States and Outlook (2013-2025)
4.2.3. UK Market States and Outlook (2013-2025)
4.2.4. Russia Market States and Outlook (2013-2025)
4.2.5. Italy Market States and Outlook (2013-2025)
4.2.6. Rest of Europe Market States and Outlook (2013-2025)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific)
4.3.1. China Market States and Outlook (2013-2025)
4.3.2. Japan Market States and Outlook (2013-2025)
4.3.3. Korea Market States and Outlook (2013-2025)
4.3.4. India Market States and Outlook (2013-2025)
4.3.5. Rest of Asia-Pacific Market States and Outlook (2013-2025)
4.4. South America (Brazil, Argentina, Columbia and Rest of South America)
4.4.1. Brazil Market States and Outlook (2013-2025)
4.4.2. Argentina Market States and Outlook (2013-2025)
4.4.3. Columbia Market States and Outlook (2013-2025)
4.4.4. Rest of South America Market States and Outlook (2013-2025)
4.5. Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA)
4.5.1. Saudi Arabia Market States and Outlook (2013-2025)
4.5.2. UAE Market States and Outlook (2013-2025)
4.5.3. Egypt Market States and Outlook (2013-2025)
4.5.4. Nigeria Market States and Outlook (2013-2025)
4.5.5. South Africa Market States and Outlook (2013-2025)
4.5.6. Rest of MEA Market States and Outlook (2013-2025)
5. Workforce Management Systems Market, By Product
5.1. Introduction
5.2. Global Workforce Management Systems Revenue and Market Share by Product (2013-2018)
5.2.1. Global Workforce Management Systems Revenue and Revenue Share by Product (2013-2018)
5.3. Software
5.3.1. Global Software Revenue By Type (2013-2018)
5.3.2. Global Software Revenue and Growth Rate (2013-2018)
5.3.3. On-premise

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