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Workforce Management Market is Trending with CAGR of 11.3% by 2024, Top Players- IBM Corporation, Oracle, SAP SE, Kronos Incorporated, ADP, Ultimate Software, Workday, Verint Systems, Workforce Software

01-04-2019 05:26 AM CET | IT, New Media & Software

Press release from: Orbis Research

Workforce Management Market

Workforce Management Market

Industry Overview
Global Workforce Management Market projected for USD 5.01 billion in 2016 growing at a CAGR of 11.3% during the forecast period of 2017 to 2024.
The rapid changes witnessed in the nature of business and workflow in small and medium business units have paved the way for accelerated adoption of the technology. The trend is anticipated to perpetuate in the forthcoming years.
Business enterprises across different industry verticals have started deploying workflow management techniques for improving operational efficiency. The demand in the workflow management system market is expected to exhibit a steep rise through the assessment period.

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The competitive landscape of the market represents robust competition, thus, opening avenues for technological innovations in product offerings for gaining competitiveness. This is likely to have a positive influence on the growth of the global workflow management system market.

Global workforce management market competition by top players including –
• IBM Corporation
• Oracle
• SAP SE
• Kronos Incorporated
• ADP
• Ultimate Software
• Workday
• Verint Systems
• Workforce Software
• Reflexis Systems
• NICE
• ActiveOps Limited
• Infor

Key Points:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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Market Segments:
The global workforce management market is segmented on the basis of solution into absence management, performance management, workforce scheduling, time and attendance management, workforce analytics, and others.
• On the basis of service, the global workforce management market is segmented into implementation services, support and maintenance, training and education.
• On the basis of deployment type, the global workforce management market is segmented into cloud, and on-premises.
• On the basis of organization size, the global workforce management market is segmented into small and medium enterprises, and large enterprises.
• On the basis of vertical, the global workforce management market is segmented into government and defense, banking, financial services, and insurance, healthcare, transportation and logistics, telecom and IT, consumer goods and retail, manufacturing, energy and utilities, and others.
Based on geography, the global workforce management market is segmented into 5 geographical regions, such as
• North America
• South America
• Europe
• APAC
• MEA

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