Press release
Workforce Analytics Market to Soar at 16.3% CAGR by 2024 | Kronos, Infor, Verint, NICE Systems, Aspect, Workforce Software, Clicksoftware
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Workforce analytics is a combination of software and methodology that applies statistical models to worker-related data, allowing enterprise leaders to optimize human resource management (HRM).
The workforce analytics solutions are expected to dominate the market from 2016 to 2022 with the largest market share, due to growing workforce challenges faced by the organizations worldwide. Among the services, due to the changing work dynamics and variations in global governmental labor regulations, the demand for consulting services is expected to gain traction in the next five years.
The Banking, Financial Services, and Insurance (BFSI) vertical is expected to hold the largest market share in the workforce analytics market in 2016. The healthcare sector is expected to grow at the highest CAGR from 2016 to 2022, in the workforce analytics market. The BSFI industry will be investing greater resources in the market to focus on providing better services to customers through their limited global and local workforce. Authorities are encouraging investments in the healthcare industry in a bid to modernize and digitize the industry infrastructure and workforce.
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Companies Profiled in this report includes: Kronos, Infor, Verint, NICE Systems, Aspect, Workforce Software, Clicksoftware, Calabrio, ATOSS, Genesys, Monet Software, InVision AG, Teleopti
North America is expected to have the largest market share and dominate the workforce analytics market from 2016 to 2022, due to the presence of a large number of analytics vendors. Asia-Pacific (APAC) offers potential growth opportunities.
According to this study, over the next five years the Workforce Analytics market will register a 16.3% CAGR in terms of revenue, the global market size will reach US$ 1830 million by 2024, from US$ 740 million in 2019. In particular, this report presents the global revenue market share of key companies in Workforce Analytics business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Workforce Analytics market by product type, application, key companies and key regions.
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Research objectives
To study and analyze the global Workforce Analytics market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Workforce Analytics market by identifying its various subsegments.
Focuses on the key global Workforce Analytics players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Workforce Analytics with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Workforce Analytics submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Content:
2019-2024 Global Workforce Analytics Market Report (Status and Outlook)
1 Scope of the Report
2 Executive Summary
3 Global Workforce Analytics by Players
4 Workforce Analytics by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Workforce Analytics Market Forecast
11 Key Players Analysis
11.1 Kronos
11.1.1 Company Details
11.1.2 Workforce Analytics Product Offered
11.1.3 Kronos Workforce Analytics Revenue, Gross Margin and Market Share (2017-2019)
11.1.4 Main Business Overview
11.1.5 Kronos News
11.2 Infor
11.2.1 Company Details
11.2.2 Workforce Analytics Product Offered
11.2.3 Infor Workforce Analytics Revenue, Gross Margin and Market Share (2017-2019)
11.2.4 Main Business Overview
11.2.5 Infor News
11.3 Verint
11.3.1 Company Details
11.3.2 Workforce Analytics Product Offered
11.3.3 Verint Workforce Analytics Revenue, Gross Margin and Market Share (2017-2019)
11.3.4 Main Business Overview
11.3.5 Verint News
11.4 NICE Systems
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