Press release
Global Workforce Analytics Market 2024 Opportunity Assessment, Production Analysis, Growth Rate And Forecast To 2033
Workforce Analytics Market
The Business Research Company offers in-depth market insights through Workforce Analytics Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The workforce analytics market size has grown rapidly in recent years. It will grow from $1.6 billion in 2023 to $1.82 billion in 2024 at a compound annual growth rate (CAGR) of 13.7%. The growth in the historic period can be attributed to regulatory compliance and reporting, cloud-based solutions adoption, integration with hr management systems, predictive analytics for retention, diversity and inclusion analytics, efficiency and productivity improvement, talent acquisition optimization..
The workforce analytics market size is expected to see rapid growth in the next few years. It will grow to $3.23 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to vendor innovation and competition, industry-specific analytics solutions, global economic conditions and recovery, focus on learning and development analytics, growth in mid-sized enterprises adoption.. Major trends in the forecast period include workforce resilience planning, employee productivity measurement, ai and machine learning integration, utilization of people metrics for business strategy, real-time performance monitoring..
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=6974&type=smp
Market Segmentation:
The workforce analytics market covered in this report 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
Major Driver - Increasing Investment In Workforce Analytics To Propel The Workforce Analytics Market
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. For instance, in September 2022, according to an article published by Randstad, a Netherlands-based HR services company, Randstad Sourceright's 2022 Talent trends study shows, 73% of talent leaders are investing in HR and workforce analytics. Therefore, the increasing investment in workforce analytics is expected to boost demand for workforce analytics solutions and services during the forecast period.
Competitive Landscape:
Major companies operating in the workforce analytics market report are ADP LLC (Automatic Data Processing Inc. ), Cornerstone OnDemand Inc., International Business Machines Corporation (IBM), Kronos Incorporated, Oracle Corporation, Capgemini SE, Tableau Software LLC, Workday Inc., PeopleStreme Pty Ltd, Microsoft Corporation, Visier Inc., UKG Inc. (Ultimate Kronos Group), SAP SE, Beeline. com Ltd., Brightfield Strategies LLC, Bullhorn Inc., Cisco Systems Inc., Talentsoft SA, Trianz Holdings Pvt. Ltd., Genpact Limited, Deloitte Touche Tohmatsu Limited, Cognizant Technology Solutions Corporation, Infosys Limited, Wipro Limited, HCL Technologies Limited, NICE Systems Ltd., Verint Systems Inc., WorkForce Software LLC, Google LLC
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/workforce-analytics-global-market-report
Top Trend - Integration Of Ai And Ml
The integration of advanced technologies is a key trend gaining popularity in the workforce analytics market. 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. For instance, in June 2023, Visiera, a Canadian-based cloud-based workforce analytics and workforce planning software company that provides HR analytics and workforce intelligence solutions, introduced a new technology, Vee, a powerful new generative AI-based digital assistant that adds a simple conversational interface to Visier People, the most widely adopted people analytics solution in the world. This new capability puts the right insights in the hands of any leader with questions about their workforce.
The Table Of Content For The Market Report 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
…..
27. Workforce Analytics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Workforce Analytics Market 2024 Opportunity Assessment, Production Analysis, Growth Rate And Forecast To 2033 here
News-ID: 3400439 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Workforce
Key Influencer in the Workforce Optimization Market 2025: Impact Of Growing Remo …
What industry-specific factors are fueling the growth of the workforce optimization market?
The surge in the population of remote employees is predicted to stimulate the expansion of the workforce optimization market. Remote employees are individuals who carry out their tasks away from the conventional office setting, typically from home or a place with internet connectivity. This surge is prompted by progress in technology, evolving office cultures, financial efficiency strategies, and the…
Contingent Workforce Management Market Worth Observing Growth | SAP SE, Beeline, …
Advance Market Analytics published a new research publication on "Contingent Workforce Management Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Contingent Workforce Management market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the…
Workforce Analytics Market Landscape 2024: Data-Driven Workforce Solutions
"The Business Research Company recently released a comprehensive report on the Global Workforce Analytics Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Contingent Workforce Management Market Contingent Workforce Management Market 20 …
According to the report, the global contingent workforce management industry generated $171.5 trillion in 2021 and is estimated to reach $465.2 trillion by 2031 witnessing a CAGR of 10.5% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/31845
Rising population, increasing demand for flexible workforces, shifting demographics, and labor force…
Workforce Management Market Is Booming Worldwide | WORKDAY, KRONOS, SISQUAL, Wor …
Global Workforce Management Market Report - Production and Consumption Professional Analysis (Impact of COVID-19) is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of…
Workforce Analytics Market Huge growth | NICE Systems, Infor, Workforce Software
Global Workforce Analytics Industry Market Research Report is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing capital structure of the Global Workforce Analytics Market. Some of the key players profiled in the study are NICE Systems, Infor, Workforce Software,…
