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Workforce Analytics Market Report 2023: Outlook, Current And Future Industry Landscape Analysis 2032
Workforce Analytics Market
Workforce Analytics Market Size, Growth Rate, And Forecast
The global workforce analytics market size grew from $1.45 billion in 2022 to $1.65 billion in 2023 at a compound annual growth rate (CAGR) of 14.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The workforce analytics market size is expected to grow to $2.89 billion in 2027 at a CAGR of 14.9%.
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Workforce Analytics Market Drivers
The increasing investment in workforce analytics is expected to propel the workforce analytics market. Many organizations are considering increasing their investments in workforce analytics as it assists enterprises in improving the productivity of the employees, developing effective recruiting methods, deriving better hiring decisions, retaining the best talent, efficient use of the workforce, and effective workforce planning. Workforce analytics uses the latest technologies and metrics to improve the workforce and management that offers a great return on investment in the long run.
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Workforce Analytics Market Segments
1) By Component: Solution, Services
2) By Deployment: On-Premise, Cloud
3) By Organization Size: Large Enterprises, SMEs
4) By Industry Vertical: BFSI, Manufacturing, Healthcare, Government, Retail, IT and Telecom, Education, Other Industry Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Workforce Analytics Market.
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Workforce Analytics Market Key Players
Major competitors in the Workforce Analytics Market include ADP LLC, Cornerstone OnDemand Inc., International Business Machines Corporation, Kronos Incorporated, Oracle Corporation, SAP SE, Tableau Software, Visier Inc., Workday Inc., WorkForce Software LLC, Capgemini SE, Sage Software, TriNet, Peoplestreme Pty Ltd., Towers Watson & Co, Sisense Inc., Infor, Verint, and Genesys
The Business Research Company's "Global Workforce Analytics Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Workforce Analytics Market Include:
1. Executive Summary
2. Workforce Analytics Market Characteristics
3. Workforce Analytics Market Trends And Strategies
4. Workforce Analytics Market - Macro Economic Scenario
5. Workforce Analytics Market Size And Growth
.......
26. Africa Workforce Analytics Market
27. Workforce Analytics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Workforce Analytics Market
29. Workforce Analytics Market Future Outlook and Potential Analysis
30. Appendix
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