Integrated Workforce Management Market to grow at a rate of around 10% each year from 2022 to 2031

From 2022 to 2031, the worldwide workforce management market is projected to grow at a CAGR of almost 10%. By 2031, the Workforce Management Market is projected to be worth US$17.3 billion.

Professionals in IT, facilities management, and real estate use an integrated workspace management system (IWMS) as a software platform to manage the complete life cycle of corporate facilities. It promotes the efficient use of workplace resources in order to improve the working environment for employees.

This newly released analysis for the Workforce Management Market analyses and forecasts marketing data from the product/service market on a worldwide and regional basis. This comprehensive report includes both historical data and forecasts for the Workforce Management Market from 2022 to 2030.

Request for Free Sample Report of "Workforce Management" Market @ https://www.persistencemarketresearch.com/samples/9137

With growing adoption of advanced solutions and development of new business models after the advent of artificial intelligence and machine learning, countries in East Asia and Europe are expected to witness potential growth opportunities. Also, these regions are witnessing rapid growth in their IT infrastructure with rising penetration of digitization at workplaces. Therefore, workforce management solution vendors can focus on expanding their operations in these regional markets in order to reach new growth avenues.

Overall, workforce management is increasingly being implemented across different industry verticals such as education, government, transportation, and BFSI, among others. The BFSI industry vertical accounts for more than 15% of the global market share, whereas, retail & CPG is anticipated to hold the largest share of more than 22% of the market.

Key Players:

The report has profiled some of the Important players prevalent in the global like - IBM Corporation, Oracle Corporation, UKG Inc., SAP, Blue Yonder, Infor, Paypro Workforce Management, Workday, Inc., ActivTrak, Reflexis Systems, ADP, and Verint and more.

This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Workforce Management.

Request For Customization @ https://www.persistencemarketresearch.com/request-customization/9137

Key Takeaways from Market Study

• North America was the leading market in 2020 in terms of value for workforce management. Over the coming years, East Asia is expected to be a key market for sustainable revenue, with rising demand for workforce management solutions from various industry verticals.

• The retail and CPG industry is expected to offer higher incremental opportunity during the forecast period, as demand for workforce management is increasing significantly, owing to rise in demand for the automation of processes.

• There has been rise in demand for workforce management solutions across retail, BFSI, and IT and telecom, verticals owing to increasing demand for automated processes and cloud-based workforce management solutions.

• With growing adoption of workforce management solutions and services, countries in Asia Pacific such as India, China, and Japan are expected to witness potential growth opportunities.

• The market in the U.S. is projected to expand at a CAGR of over 9% through 2031.

• China and India are expected to progress at an impressive CAGR of more than 10% each, through 2031.

"Growing demand for cloud-based workforce management solutions one of the major factors driving sales of workforce management solutions," says a Persistence Market Research analyst.

Key Stakeholders
Workforce Management Market Manufacturers
Workforce Management Market Distributors/Traders/Wholesalers
Workforce Management Market Subcomponent Manufacturers
Industry Association
Downstream Vendors

Click Here to Buy this Report @ https://www.persistencemarketresearch.com/checkout/9137

Key Questions Answered in This Report.

What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?

If you have any special requirements, please let us know and we will offer you the report as you want and also We Provide you Table of Content.

Contact Us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com

Expert analysis, actionable insights, and strategic recommendations - the Electronics, Semiconductor, and ICT team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on electronics, semiconductors, and ICT, of which, 100+ reports are specific for ICT, the team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the electronics, semiconductor, and ICT industry.

This release was published on openPR.