Press release
Hospital Workforce Management Software Market Growth (+13.5%) Is Thriving Worldwide With Kronos Incorporated, SAP affiliate company, McKesson Corporation, ADP, LLC
Hospital Workforce Management Software Market
Global Hospital Workforce Management Software Market is expected to rise from its initial estimated value of USD 1270.77 billion in 2018 to an estimated value of USD 3499.72 billion by 2026, registering a CAGR of 13.5% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing demand for hospital workforce management software.
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Key Developments in the Hospital Workforce Management Software Market:
In April 2019, IBM and FIT announced a collaboration that helps to build the creative fashion workforce of the future.
In January 2019, Kronos Incorporated announced an agreement with SAP that allows SAP to resell Workforce Dimensions, the next-generation workforce by Kronos, across its worldwide customer base under the name “SAP Time Management by Kronos.”
Hospital Workforce Management Software Market : Segmentation
Hospital Workforce Management Software Market : By Product Type
Standalone Software
Time and Attendance
HR and Payroll
Scheduling Talent Management
Analytics
Others
Integrated Software
Hospital Workforce Management Software Market : By Service
Implementation Services Support and Maintenance
Optimization Services
Training/Education Services
Hospital Workforce Management Software Market : By Mode of Delivery
Web-based
Cloud-based
On-premise
Hospital Workforce Management Software Market: By End User
Hospital
Healthcare Institutions
Long Term Care
Hospital Workforce Management Software Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Global Hospital Workforce Management Software Market By Product Type ({Standalone Software (Time and Attendance, HR and Payroll, Scheduling Talent Management, Analytics, Others), Integrated Software}), Service (Implementation Services Support and Maintenance, Optimization Services, Training/Education Services), Mode of Delivery (Web-based, Cloud-based, On-premise), End user (Hospital, Healthcare Institutions, Long Term Care), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Reasons to Purchase this Report
Current and future of global hospital workforce management software market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Leading Players Included:
IBM Corporation (U.S.),
Infor (U.S.),
Oracle (U.S.),
Kronos Incorporated (U.S.),
SAP affiliate company (Germany),
McKesson Corporation (U.S.),
ADP, LLC. (U.S.),
ATOSS Software AG (Germany),
Ultimate Software (US),
GENERAL ELECTRIC (US),
WorkForce Software, LLC (USA),
Workday, Inc.(US),
Verint(US),
Red Book Connect LLC(USA),
dormakaba Group (Switzerland),
Reflexis Systems, Inc (USA),
NICE Systems Ltd. (Israel)
Hospital Workforce Management Software Market Drivers
Rising need to curtail healthcare costs through effective management of healthcare workforce, this significant rise act as a driver to the market.
Growing need to manage regulatory compliance through effective utilization of workforce management systems, this significant growth act as a driver to the market.
Hospital Workforce Management Software Market Restraints
Data security concerns to inhibit the growth of the healthcare workforce management systems market, this significant act as restraints to the market.
High cost of deployment limits of workforce management systems, this significant act as restraints to the market.
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