NEW YORK, May 19, 2023 /PRNewswire/ -- The workforce management software market size is set to grow by USD 2,307.38 million between 2022 and 2027 and register a CAGR of 6.82%, according to Technavio's latest market research report. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.
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Factors such as regulatory compliance, the increasing need to streamline HR functions, and the need for workforce diversity management will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The workforce management software market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Workforce Management Software Market 2023-2027: Segmentation
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Workforce Management Software Market 2023-2027: Vendor Analysis and Scope
Some of the major vendors of the workforce management software market in application softwareindustry include ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, Blue Yonder Group Inc., Ceridian HCM Holding Inc., International Business Machines Corp., Koch Industries Inc., Kronos Inc., NICE Ltd., Oracle Corp., Paycor Inc., Performly International Inc., Reflexis Systems Inc., Rippling People Center Inc., Sage Group Plc, SAP SE, UKG Inc., Verint Systems Inc., Workday Inc., and Zoho Corp. Pvt. Ltd.
To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the workforce management software market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
adp.com- The company offers workforce management software to improve time and attendance tracking, automate scheduling or simplify leave management.
bamboohr.com- The company offers workforce management software that makes it easy to collect, maintain, and analyze people data, improve the way to hire talent, onboard new employees, manage compensation, and develop company culture.
blueyonder.com- The company offers workforce management software that is designed to help address today's labor challenges with flexible scheduling, time and attendance, simplified labor compliance and long-range planning.
The report also covers the following areas:
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Workforce Management Software Market 2023-2027: Key Highlights
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Workforce Management Software Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 6.82%
Market growth 2023-2027
USD 2,307.38 million
YoY growth 2022-2023(%)
North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution
North America at 36%
US, Canada, China, UK, and Germany
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled
ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, Blue Yonder Group Inc., Ceridian HCM Holding Inc., International Business Machines Corp., Koch Industries Inc., Kronos Inc., NICE Ltd., Oracle Corp., Paycor Inc., Performly International Inc., Reflexis Systems Inc., Rippling People Center Inc., Sage Group Plc, SAP SE, UKG Inc., Verint Systems Inc., Workday Inc., and Zoho Corp. Pvt. Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
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