Attendance Tracking Software Market to See an Exponential Growth during 2020-2027|Key Players - Automatic Data Processing LLC., IBM, Kronos, Inc., Oracle Corporation, Reflexis Systems, RITEQ Pty Ltd

Attendance tracking software is a modern-day tracking and recording employee attendance, alternative to traditional punch cards. Attendance tracking enables the mobile or web-app to clock-in and clock-out. Various options are available for attendance tracking software in the market ranging from free trial to monthly subscription to yearly subscription. The features of attendance tracking software includes alerts, managing permissions, real-time visibility, timecard, geofencing, payroll integration, invoicing, client billing, break time management, scheduling, clock out reminders, alerts, and others.

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Key Players:
1. Automatic Data Processing LLC.
2. IBM
3. Kronos, Inc.
4. Oracle Corporation
5. Reflexis Systems
6. RITEQ Pty Ltd.
7. SAP SE
8. Ultimate Software Group, Inc.
9. Workday, Inc.
10. Workforce Software, LLC.

The major drivers boosting the growth of attendance tracking software market are the growing adoption of automated solution. The increasing adoption of digitazitation among all the industries is significantly driving the global attendance tracking software market. The attendance tracking software market is witnessing a high demand among SMEs. The developing countries such as China, India, Mexico, South Africa, and others are expected to create lucrative opportunity in attendance tracking software market during the forecast period.

Market Segmentation:
The global attendance tracking software market is segmented on the basis of deployment type, enterprise size, and end-user. Based on deployment type, the attendance tracking software market is segmented as on-premise and cloud. On the basis of enterprise size, the attendance tracking software market is segmented as SMEs and large enterprises. On the basis of end-user, attendance tracking software market is segment into BFSI, IT & Telecom, Healthcare, Retail, Manufacturing, and others.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global attendance tracking software market based on various segments. it also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The attendance tracking software market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of various countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting attendance tracking software market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the attendance tracking software market for each region.

Sameer Joshi
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