Press release
ASEAN Time and Attendance Management Software Market Remain Positive on Improving Demand Outlook till 2031
Along with significant data and other pertinent information, the study evaluates the competitive landscape and global market growth trend based on the business overview and helps businesses and investment organizations better grasp the market's growth characteristics.
The ASEAN Time and Attendance Management Software Market is projected to reach the valuation of US$ 279.11 million by 2031 at a CAGR of 11.9% over the forecast period of 2023-2031.
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Regional Analysis
North America is forecast to emerge as the largest shareholder in the industry in terms of revenue. The growth of the market is attributable to various factors, including early adoption of advanced technology, growing investments in the sector, and rising infrastructural development. Furthermore, the Asia-Pacific market for information technology will also grow steadily due to growing spending by government bodies. Additionally, increasing initiatives to improve infrastructure will also drive the market forward.
COVID-19 Impact
The COVID-19 outbreak forced many organizations to adapt to digital methods, which rapidly accelerated digital transformation. Work environments changed abruptly as remote work became the new normal among organizations. As a result, it is forecast to strengthen the potential scope of the information technology market in the coming years. This report by Astute Analytica covers all the factors depicting the impact of the pandemic.
Major Key Players in the ASEAN Time and Attendance Management Software Market are:
Workday Inc.
SAP SE
Ultimate Kronos Group (UKG)
ADP Inc.
Ceridian HCM
ATOSS
Civica
FingerCheck
NETtime Solutions
Oracle Corporation
Paycom Software, Inc.
Microsoft
Ramco Systems
Reflexis Systems, Inc.
Replicon
Rippling
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Segmental Analysis:
The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the ASEAN Time and Attendance Management Software Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the market's overall size.
Segment Overview
By Application
Payroll
Performance Management
Remote Monitoring
Leave Management
Others
By Enterprise Size
Smart and Medium Enterprise
Large Enterprise
By End Use
BFSI
Education
Sports
Retail
IT and Telecom
Healthcare and Life Sciences
Transport & Logistics
Energy
Others
By Country
Indonesia
Malaysia
Thailand
Vietnam
Singapore
Philippines
Rest Of ASEAN
Taiwan
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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