Press release
Rising Demand For Automation In Industrial Sectors Due To Efficiency, Cost Reduction, And Technological Advancements: Key Factor Driving The Growth In The Electronic Shift Operations Management Solutions (eSOMS) Market
Electronic Shift Operations Management Solutions (eSOMS)
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What Is the Expected Electronic Shift Operations Management Solutions (eSOMS) Market Size During the Forecast Period?_x000D_
In recent years, there has been robust growth in the electronic shift operations management solutions (eSOMS) market size. Estimated to increase from $6.20 billion in 2024 to $6.80 billion in 2025, it is projected to have a compound annual growth rate (CAGR) of 9.7%. Factors contributing to growth during the historic period include regulatory compliance requirements, an increased uptake in power utilities, a drive for operational efficiency, an escalating emphasis on worker safety, and expanded usage in the oil and gas sector._x000D_
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In the coming years, the size of the electronic shift operations management solutions (eSOMS) market is set to experience robust growth. By 2029, it is predicted to expand to a value of $9.71 billion, with a compound annual growth rate (CAGR) of 9.3%. This growth during the projected period can be credited to elements such as integration with digital twin platforms, a heightened focus on asset performance management, the growth of nuclear power facilities, the escalating demand for access to real-time data, and an increasing requirement for centralised operations control. Significant trends to watch in this forecast period incorporate progressive enhancements in automation technologies, creative breakthroughs in human-machine interfaces, advancements in cloud-based infrastructure, incorporations with AI and Internet of Things (IoT), and intensified research and development in digital operations management._x000D_
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What Are the High-Growth Segments in the Electronic Shift Operations Management Solutions (eSOMS) Market?_x000D_
The electronic shift operations management solutions (eSOMS) market covered in this report is segmented -_x000D_
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1) By Component: Software, Services_x000D_
2) By Deployment Mode: On-Premises, Cloud-Based, Hybrid_x000D_
3) By Functionality: Shift Scheduling And Rostering, Incident Management, Workflow Automation, Compliance And Regulatory Reporting, Communication And Collaboration, Data Analytics And Performance Monitoring, Integration With Other Systems_x000D_
4) By End-User: Chemicals, Oil And Gas, Military, Automotive, Energy And Utilities, Other End-Users_x000D_
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Subsegments:_x000D_
1) By Software: Shift Scheduling Software, Personnel Tracking Software, Workflow Automation Tools, Incident Management Software, Compliance And Reporting Modules, Mobile Application Integration_x000D_
2) By Services: Implementation Services, Training And Education Services, Support And Maintenance Services, Consulting Services, System Integration Services, Upgrades And Migration Services_x000D_
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What Key Drivers Are Expected to Influence Future Electronic Shift Operations Management Solutions (eSOMS) Market Growth?_x000D_
The growth of the electronic shift operations management solutions (eSOMS) market is expected to be propelled by the escalating demand for automation in various industrial sectors. The concept of automation refers to the utilization of technology for executing tasks with least human involvement, thereby enhancing the efficiency, accuracy, and productivity. The surge in automation is attributable to the growing demand for operational proficiency as businesses aim to cut down labor costs and render repetitive tasks efficient through the deployment of technology-enabled solutions. The implementation of electronic shift operations management solutions (eSOMS) is essential for automation as it guarantees unblemished coordination and precise recording of operational tasks across various shifts, thereby limiting human errors and preserving consistent system performance. For instance, data provided by the International Federation of Robotics (IFR), a non-profit organization based in Germany, showed that the total number of operative industrial robots across industries globally rose to 4,281,585 units in 2023, marking a 10% increase from the previous year in September 2024. Consequently, the intensified demand for automation in industrial settings is propelling the growth of the electronic shift operations management solutions (eSOMS) market._x000D_
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Which Companies Hold the Largest Share Across Different Electronic Shift Operations Management Solutions (eSOMS) Market Segments?_x000D_
Major companies operating in the electronic shift operations management solutions (eSOMS) market are Hitachi Energy Ltd., Siemens AG, Oracle Corporation, Schneider Electric SE, ABB Ltd., Automatic Data Processing Inc., Emerson Electric Company, Hexagon AB, Yokogawa Electric Corporation, Dayforce Inc., UiPath Inc., Verint Systems Inc., Shiftboard Inc., Trinoor Inc., Sheffield Scientific LLC, Conmitto Inc., Timelabs, Globorise Technologies LLC, Factorial HR, UKG Inc., Shifton._x000D_
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What Trends Are Driving Growth in The Electronic Shift Operations Management Solutions (eSOMS) Market?_x000D_
Leading firms in the electronic shift operations management solutions (eSOMS) market are honing in on technology advancements, such as artificial intelligence (AI)-driven predictive analytics, to improve operational performance, team coordination, and adherence to industry regulations. Such AI-driven analytics leverage machine learning to evaluate past and current data, supporting forward-thinking decisions and efficient shift planning. For example, in December 2024, American technology firm, AutoScheduler.AI, launched AutoPilot Central, a platform that integrates data from multiple sites and applies predictive analytics to aid supply chain leaders in swiftly pinpointing at-risk areas and implementing remedial measures before challenges appear. This revolutionary platform aims to decrease planning durations, boost productivity, and avoid operational interruptions through real-time analysis and recommendations._x000D_
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What Are the Emerging Geographies for The Electronic Shift Operations Management Solutions (eSOMS) Market Growth?_x000D_
North America was the largest region in the electronic shift operations management solutions (eSOMS) market in 2024. The regions covered in the electronic shift operations management solutions (eSOMS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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Frequently Asked Questions:_x000D_
1. What Is the Market Size and Growth Rate of the Electronic Shift Operations Management Solutions (eSOMS) Market?_x000D_
2. What is the CAGR expected in the Electronic Shift Operations Management Solutions (eSOMS) Market?_x000D_
3. What Are the Key Innovations Transforming the Electronic Shift Operations Management Solutions (eSOMS) Industry?_x000D_
4. Which Region Is Leading the Electronic Shift Operations Management Solutions (eSOMS) Market?_x000D_
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Why This Report Matters:_x000D_
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Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors._x000D_
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Informed Decisions: Understand key strategies related to products, segmentation, and industry trends._x000D_
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Efficient Research: Quickly identify market growth, leading players, and major segments.
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