Global Workforce Management Software Market 2017-2021

  • ID: 4231710
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • ADP
  • BambooHR
  • iCIMS
  • Kronos
  • PeopleFluent
  • SAP
  • MORE
Workforce management is a set of processes that helps organizations to optimize the productivity of its employees on individual, departmental, and enterprise-wide levels. Workforce management matches employee skills to tasks and helps to estimate the number and type of workforce required to finish tasks on a daily or hourly basis. Workforce management software automates processes such as employee scheduling, time tracking, and attendance tracking. The software helps enterprises to streamline processes, enabling managers to spend more time to ensure that their operations run efficiently. Overstaffing or understaffing at any level can reduce the organization's profitability, overall productivity, frustrate its employees, and upset its clients and customers.

The analysts forecast the global workforce management software market to grow at a CAGR of 8.49% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global workforce management software market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Workforce Management Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ADP
- Ceridian HCM
- Kronos
- Oracle
- SAP
- Ultimate Software

Other prominent vendors
- Ascentis
- ATOSS Software
- BambooHR
- HR Bakery
- iCIMS
- Infor
- JDA Software Group
- NICE
- PeopleFluent
- Performly
- Reflexis Systems
- The Sage Group
- Workday
- Zoho Corporation

Market drivers
- Need for management of workforce diversity.
- For a full, detailed list, view the full report

Market challenges
- High implementation and maintenance price.
- For a full, detailed list, view the full report

Market trends
- Increasing popularity of advanced workforce analytics.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • ADP
  • BambooHR
  • iCIMS
  • Kronos
  • PeopleFluent
  • SAP
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
PART 06: Five forces analysis
  • Five forces analysis
PART 07: Market segmentation by deployment model
  • Global workforce management software market by deployment type
PART 08: Geographical segmentation
  • Global workforce management software by geography
  • Americas
  • EMEA
  • APAC
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 11: Market trends
  • Surging usage of social media
  • Increasing popularity of advanced workforce analytics
  • Rising adoption of digital HR technology
PART 12: Buying criteria
  • Buying criteria
PART 13: Vendor landscape
  • Competitive scenario
PART 14: Key vendor analysis
  • Key vendor offerings
  • Key vendor profiles
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Overview of global workforce management software market
Exhibit 02: Global workforce management software market 2016-2021 ($ million)
Exhibit 03: Five forces analysis
Exhibit 04: Global workforce management software market by deployment type 2016 and 2021 (% share)
Exhibit 05: Global cloud-based workforce management software market 2016-2021 ($ million)
Exhibit 06: Global on-premises workforce management software market 2016-2021 ($ million)
Exhibit 07: Comparison of cloud-based and on-premises workforce management software
Exhibit 08: Global workforce management software market by geographical segmentation 2016 and 2021 (% share)
Exhibit 09: Global workforce management software market by geographical segmentation 2016-2021 ($ million)
Exhibit 10: Workforce management software market in Americas 2016-2021 ($ million)
Exhibit 11: Workforce management software market in EMEA 2016-2021 ($ million)
Exhibit 12: Workforce management software market in APAC 2016-2021 ($ million)
Exhibit 13: Impact of drivers
Exhibit 14: Impact of challenges
Exhibit 15: Key drivers of workforce analytics
Exhibit 16: Advantages of workforce analytics
Exhibit 17: Buying criteria for workforce management software
Exhibit 18: Key vendor offerings
Exhibit 19: ADP: Key products and features
Exhibit 20: Ceridian HCM: Products and its features
Exhibit 21: Kronos: Products and its features
Exhibit 22: Oracle: Key product and its features
Exhibit 23: SAP: Key products and features
Exhibit 24: Ultimate Software: Key products and features
Exhibit 25: Other prominent vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ADP
  • BambooHR
  • iCIMS
  • Kronos
  • PeopleFluent
  • SAP
  • MORE
New Report Released: - Global Workforce Management Software Market 2017-2021.

The author of the report recognizes the following companies as the key players in the global workforce management software market: ADP, Ceridian HCM, Kronos, Oracle, SAP, and Ultimate Software.

Other Prominent Vendors in the market are: Ascentis, ATOSS Software, BambooHR, HR Bakery, iCIMS, Infor, JDA Software Group, NICE, PeopleFluent, Performly, Reflexis Systems, The Sage Group, Workday, and Zoho Corporation.

Commenting on the report, an analyst from the research team said: “One trend in market is surging usage of social media. The widespread use of social media in the human resource management (HRM) industry is increasing business opportunities for the vendors. Job sharing via social media networks is contributing to the growth of the market. The social media boom resulted in companies altering their policies on the Internet usage, sales and marketing, recruitment, and employee retention to include the insights obtained.”

According to the report, one driver in market is increased HR software budgets. There is a significant increase in HR spending on technology in organizations of all verticals. It is because the labor market is continuing to grow and companies are shifting their focus toward recruitment, engagement, retention, and employee development. Businesses are finding it hard to recruit, retain, engage, and develop their people. These pressures on HR have forced organizations to invest in talent solutions. The HR teams that are well funded and closely aligned with their business leaders have delivered far greater value to the business with respect to the global economy and economic drivers across the world.

Further, the report states that one challenges in market is threat from open-source software. A number of organizations have developed open-source software solutions that are available to end-users free of cost. Open-source solutions enable users to make changes to the software as per their requirements. Therefore, organizations that have a low budget for workforce management software solutions prefer open-source software. This reduces the demand for paid workforce management software solutions. Certain workforce management software developers are offering their solutions for free to small businesses with certain restrictions. These open-source and free software are likely to adversely affect the sales of workforce management software and hinder its market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • ADP
  • Ceridian HCM
  • Kronos
  • Oracle
  • SAP
  • Ultimate Software
  • Ascentis
  • ATOSS Software
  • BambooHR
  • HR Bakery
  • iCIMS
  • Infor
  • JDA Software Group
  • NICE
  • PeopleFluent
  • Performly
  • Reflexis Systems
  • The Sage Group
  • Workday
  • Zoho Corporation
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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