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Workforce Analytics Market Worth $1.87 Billion by 2025 | CAGR: 16.0%: Grand View Research, Inc.SAN FRANCISCO, July 17, 2017 /PRNewswire/ -- The global workforce analytics market is expected to reach USD 1.87 billion by 2025, according to a new report by Grand View Research, Inc. The growing concern by the majority of the large enterprises to deal with humongous volume of data pertinent to human capital is anticipated to spur the demand for workforce analytics software application platform over the forecast period. The widespread adoption of human capital information system to enhance profitability of the industry by reducing operational cost also stimulated the market growth. (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) Retail industry is anticipated to be the fastest-growing application sector owing to the rising implementation of workforce information system to automate the key human resource related processes. Retail industries are subjected to exhibit multiple issues related to inventory management, in-store product distribution, customer handling, and deployment of sufficient number of resources to the store locations. The incidence of public and private cloud storage system by the several business entities with respect to various data applications scalability, tool capabilities, and optimum implementation is anticipated to bolster the popularity of cloud storage platform in the field of data analytics. The effective combination of data analytics tool and cloud computing platforms to enhance execution flexibility and agility of the data management system aggravated the demand for the incorporation of cloud management system by the majority of the business enterprises. Additionally, cloud storage platform also enables the data analyst to optimize linear scalability, database virtualization, work management, and storage optimization. Cloud computing platforms categorically act as a complementary technological paradigm by enabling flexible network access to a shared pool of configurable computing resources with minimal cost to the management. Browse full research report with TOC on "Workforce Analytics Market Analysis By Type (Solution, Services), By Services (Managed, Consulting, System Integration), By Deployment, By Organization, By Application, By Region, And Segment Forecasts, 2014 - 2024" at: http://www.grandviewresearch.com/industry-analysis/workforce-analytics-market Further key findings from the report suggest:
Grand View Research has segmented the workforce analytics market on the basis of type, services, deployment, application and region:
Read Our Blog: http://www.grandviewresearch.com/blogs/technology About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact: Web: http://www.grandviewresearch.com SOURCE Grand View Research, Inc. |