Product Code: GVR-1-68038-929-6
Workforce Management Market Growth & Trends:
The global workforce management market size is expected to reach USD 19.35 billion by 2030, registering CAGR of 11.7% from 2023 to 2030 according to a new study by Grand View Research, Inc. Globalization, a younger and more diverse workforce, and the growing use of digitalization in day-to-day operations of organizations are anticipated to aid the growth of the workforce management market in the coming years. The demand for interaction and integration in daily operations and the necessity to operate as a unified enterprise are further driving technological as well as social advancements in companies worldwide.
Workforce management is a multi-faceted solution that has enabled prominent changes and generated significant paybacks, both in terms of revenue and ease of usage, and it continues to evolve even today. The increasing adoption of mobile devices is expected to play a vital role in the industry as numerous companies have cited a keen interest in enhancing their mobile capabilities in the near future. In addition, the absence & leave management solutions are also anticipated to witness a surge in demand as organizations across the world embrace digital tracking at a rapid rate.
Workforce Management Market Report Highlights:
- Based on the solution, the global workforce management market is segmented into workforce scheduling, time & attendance management, embedded analytics, and absence management. The time & attendance management segment accounted for the largest revenue share of 35.9% in 2022.
- Based on deployment, the global workforce management market is segmented into on-premise and cloud. The on-premise segment accounted for the largest revenue share of 50.7% in 2022.
- Based on company size, the market is segmented into large enterprises and small and medium enterprises (SMEs). The large enterprises segment accounted for the largest revenue share of 64.8% in 2022.
- Based on application, the market is segmented into academia, automotive & manufacturing, BFSI, government, healthcare, retail, and others. The BFSI segment held the largest revenue share of 22.0% in 2022.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Solution
- 1.1.2. Application
- 1.1.3. Deployment
- 1.1.4. Company Size
- 1.1.5. Regional scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Solution outlook
- 2.2.2. Deployment outlook
- 2.2.3. Company Size outlook
- 2.2.4. Application outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Workforce Management Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.3.3. Market opportunity analysis
- 3.4. Workforce Management Market Analysis Tools
- 3.4.1. Industry analysis - Porter's
- 3.4.1.1. Supplier power
- 3.4.1.2. Buyer power
- 3.4.1.3. Substitution threat
- 3.4.1.4. Threat of new entrant
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Technological landscape
- 3.4.2.3. Economic landscape
Chapter 4. Workforce Management Market: Solution Estimates & Trend Analysis
- 4.1. Workforce Management Market: Key Takeaways
- 4.2. Workforce Management Market: Movement & Market Share Analysis, 2022 & 2030
- 4.3. Workforce Scheduling
- 4.3.1. Workforce scheduling market estimates and forecasts, 2017 to 2030 (USD Million)
- 4.4. Time & Attendance Management
- 4.4.1. Time & attendance management market estimates and forecasts, 2017 to 2030 (USD Million)
- 4.5. Embedded Analytics
- 4.5.1. Embedded analytics market estimates and forecasts, 2017 to 2030 (USD Million)
- 4.6. Absence Management
- 4.6.1. Absence management market estimates and forecasts, 2017 to 2030 (USD Million)
- 4.7. Others
- 4.7.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 5. Workforce Management Market: Application Estimates & Trend Analysis
- 5.1. Workforce Management Market: Key Takeaways
- 5.2. Workforce Management Market: Movement & Market Share Analysis, 2022 & 2030
- 5.3. Academia
- 5.3.1. Academia market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.4. Automotive & Manufacturing
- 5.4.1. Automotive & manufacturing market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.5. BFSI
- 5.5.1. BFSI market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.6. Government
- 5.6.1. Government market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.7. Healthcare
- 5.7.1. Healthcare market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.8. Retail
- 5.8.1. Retail market estimates and forecasts, 2017 to 2030 (USD Million)
- 5.9. Others
- 5.9.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 6. Workforce Management Market: Deployment Estimates & Trend Analysis
- 6.1. Workforce Management Market: Key Takeaways
- 6.2. Workforce Management Market: Movement & Market Share Analysis, 2022 & 2030
- 6.3. Cloud
- 6.3.1. Cloud market estimates and forecasts, 2017 to 2030 (USD Million)
- 6.4. On-premise
- 6.4.1. On-premise market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 7. Workforce Management Market: Company Size Estimates & Trend Analysis
- 7.1. Workforce Management Market: Key Takeaways
- 7.2. Workforce Management Market: Movement & Market Share Analysis, 2022 & 2030
- 7.3. Large Enterprises
- 7.3.1. Large enterprises market estimates and forecasts, 2017 to 2030 (USD Million)
- 7.4. Small and Medium Enterprises (SMEs)
- 7.4.1. Small and Medium Enterprises (SMEs) market estimates and forecasts, 2017 to 2030 (USD Million)
Chapter 8. Workforce Management Market: Regional Estimates & Trend Analysis
- 8.1. Regional Outlook
- 8.2. Workforce Management Market by Region: Key Takeaway
- 8.3. North America
- 8.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.3.2. U.S.
- 8.3.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.3.3. Canada
- 8.3.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.4. Europe
- 8.4.1. UK
- 8.4.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.4.2. Germany
- 8.4.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.4.3. France
- 8.4.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.5. Asia Pacific
- 8.5.1. Japan
- 8.5.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.5.2. China
- 8.5.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.5.3. India
- 8.5.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.5.4. Australia
- 8.5.4.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.5.5. South Korea
- 8.5.5.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.6. Latin America
- 8.6.1. Brazil
- 8.6.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.6.2. Mexico
- 8.6.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.7. MEA
- 8.7.1. Saudi Arabia
- 8.7.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.7.2. South Africa
- 8.7.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 8.7.3. United Arab Emirates (UAE)
- 8.7.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Market Participant Categorization
- 9.2.1. UKG Inc.
- 9.2.1.1. Company overview
- 9.2.1.2. Financial performance
- 9.2.1.3. Solution benchmarking
- 9.2.1.4. Strategic initiatives
- 9.2.2. SAP SE
- 9.2.2.1. Company overview
- 9.2.2.2. Financial performance
- 9.2.2.3. Solution benchmarking
- 9.2.2.4. Strategic initiatives
- 9.2.3. Oracle Corporation
- 9.2.3.1. Company overview
- 9.2.3.2. Financial performance
- 9.2.3.3. Solution benchmarking
- 9.2.3.4. Strategic initiatives
- 9.2.4. WorkForce Software, LLC
- 9.2.4.1. Company overview
- 9.2.4.2. Financial performance
- 9.2.4.3. Solution benchmarking
- 9.2.4.4. Strategic initiatives
- 9.2.5. NICE
- 9.2.5.1. Company overview
- 9.2.5.2. Financial performance
- 9.2.5.3. Solution benchmarking
- 9.2.5.4. Strategic initiatives
- 9.2.6. ActiveOps PLC
- 9.2.6.1. Company overview
- 9.2.6.2. Financial performance
- 9.2.6.3. Solution benchmarking
- 9.2.6.4. Strategic initiatives
- 9.2.7. Infor
- 9.2.7.1. Company overview
- 9.2.7.2. Financial performance
- 9.2.7.3. Solution benchmarking
- 9.2.7.4. Strategic initiatives
- 9.2.8. Ceridian HCM, Inc
- 9.2.8.1. Company overview
- 9.2.8.2. Financial performance
- 9.2.8.3. Solution benchmarking
- 9.2.8.4. Strategic initiatives
- 9.2.9. EG Solutions
- 9.2.9.1. Company overview
- 9.2.9.2. Financial performance
- 9.2.9.3. Solution benchmarking
- 9.2.9.4. Strategic initiatives
- 9.2.10. Blue Yonder Group, Inc
- 9.2.10.1. Company overview
- 9.2.10.2. Financial performance
- 9.2.10.3. Solution benchmarking
- 9.2.10.4. Strategic initiatives
- 9.2.11. Reflexis Systems, Inc
- 9.2.11.1. Company overview
- 9.2.11.2. Financial performance
- 9.2.11.3. Solution benchmarking
- 9.2.11.4. Strategic initiatives
- 9.2.12. Replicon
- 9.2.12.1. Company overview
- 9.2.12.2. Financial performance
- 9.2.12.3. Solution benchmarking
- 9.2.12.4. Strategic initiatives
- 9.2.13. SISQUAL Workforce Management, Lda.
- 9.2.13.1. Company overview
- 9.2.13.2. Financial performance
- 9.2.13.3. Solution benchmarking
- 9.2.13.4. Strategic initiatives