Workforce Management Software Market size to grow by USD 2.30 billion between 2022 - 2027, Growth Driven by Need for regulatory compliance - Technavio
NEW YORK, Jan. 5, 2024 /PRNewswire/ -- The Workforce Management Software Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the workforce management software market between 2022 and 2027 is USD 2.30 billion. The need for regulatory compliance is driving the market growth. Large organizations need to comply with the regulations enacted in the countries where they operate as well as international regulations. According to the FDA and ISO, companies have to implement and document employee activities. Most vendors, such as ADP, offer compliance management feature that is integrated with workforce management software. It is easy to use, which helps companies attain and sustain compliance every year. Therefore, regulatory compliance is expected to fuel the growth of the global workforce management software market during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
The workforce management software market is segmented by Deployment (Cloud-based and On-premise), End-user (IT and telecom, BFSI, Healthcare, Manufacturing, and Others), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
Key Companies in the Workforce Management Software Market:
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., Zoho Corp. Pvt. Ltd.
The API management market size is expected to increase by USD 6.70 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 20.56%.
The property management market is estimated to grow at a CAGR of 2.73% between 2022 and 2027. The size of the market is forecasted to increase by USD 49.45 billion.
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Deployment
Market Segmentation by End-user
Market Segmentation by Geography
Drivers, Challenges, & Trends
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