Press release
Workforce Analytics Market 2023: By Geographical Statistics, CAGR, Trends And Growth Forecast To 2032
Workforce Analytics Market
The Business Research Company's Workforce Analytics Global Market Report 2023 identifies increasing investment in workforce analytics as the major driver for the Workforce Analytics market's growth in the forecast period. 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
The global workforce analytics market size will grow 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 market size of the workforce analytics is expected to grow to $2.89 billion in 2027 at a CAGR of 14.9%.
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Major competitors in the Workforce Analytics market are 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
A key trend in the Workforce Analytics market includes The integration of advanced technologies. The market is witnessing the implementation of advanced technologies such as artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) in workforce analytics solutions. The workforce analytics based on AI, ML, and NLP aids in better evaluation, productivity, increasing business scalability, boosting business operations, and efficiency of employees. Key players are focusing on offering advanced workforce analytics to meet end-customer demands and strengthen their market position
Read More On The Global Workforce Analytics Market Report Here:
https://www.thebusinessresearchcompany.com/report/workforce-analytics-global-market-report
The Workforce Analytics market is segmented -
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.
The Business Research Company's "Global Workforce Analytics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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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