PPT: Workforce Management Market To Witness Huge Growth during 2020-2025

Global Workforce Management Market Research Report and Forecast 2025

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Global Workforce Management Market Overview: Workforce management (WFM) includes processes that enable an organization to track performance and optimize the productivity of their employees. It effectively forecasts labor requirements and manages staff schedules for accomplishing different tasks regularly. It also helps in improving labor planning, lowering operational costs and providing better customer services. As a result, workforce management software is utilized in the healthcare, and banking, financial services and insurance (BFSI) sectors, which are involved in high time-sensitive tasks.

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Owing to the increasing focus on workforce optimization, organizations around the world are relying on WFM solutions to manage their time and avoid duplication of tasks. This, in confluence with the increasing adoption of cloud-based solutions, is driving the global WFM market growth. Furthermore, digitalization and the rising penetration of smartphones is also strengthening the market growth. Apart from this, the introduction of real-time solutions in WFM, along with the integration of software-as-aservice (SaaS) technology, are anticipated to propel the market growth in the upcoming years.

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157.3 146.7 152.0 141.4 136.1 125.5 130.8

160 140 120 100 80 60 40 20 0

120.2 2012

2013

2014

2015

2016

2017

2018

2019

In Billion US$

In Billion US$

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180 160 140 120 100 80 60 40 20 0

160.0 2020

175.9

181.2

186.5

165.3

170.6

2021

2022

2023

2024

2025

Competitive Landscape: The competitive landscape of the industry has also been examined with some of the key players being ADP, Atoss Software AG, HotSchedules Inc., Huntington Business Systems, IBM, Kronos Inc., Oracle Corporation, Reflexis Systems, SAP SE, Ultimate Software Group Inc., Verint Systems, Workday Inc., WorkForce Software LLC, etc.

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Breakup by Solution: • Absence Management • Performance Management • Workforce Scheduling • Time and Attendance Management • Workforce Analytics • Others Breakup by Service: • Implementation Services • Support and Maintenance Services • Training and Education Services Explore full report with https://www.imarcgroup.com/workforce-management-market Breakup by Deployment Type: • Cloud-based • On-premises

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Breakup by Organization Size: • Small and Medium-sized Enterprises (SMEs) • Large Enterprises Breakup by Vertical: • Government and Defense • Banking, Financial Services, and Insurance (BFSI) • Healthcare • Transportation and Logistics • Telecom and IT • Consumer Goods and Retail • Manufacturing • Energy and Utilities • Others Breakup by Region: • North America o United States o Canada • Asia Pacific o China

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•

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o Japan o India o South Korea o Australia o Indonesia o Others Europe o Germany o France o United Kingdom o Italy o Spain o Russia o Others Latin America o Brazil o Mexico o Others Middle East and Africa

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Report Description Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being ADP, Atoss Software AG, HotSchedules Inc., Huntington Business Systems, IBM, Kronos Inc., Oracle Corporation, Reflexis Systems, SAP SE, Ultimate Software Group Inc., Verint Systems, Workday Inc., WorkForce Software LLC, etc.

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