Workforce Analytic Trends and Forecast
The future of the global workforce analytic market looks promising with opportunities in the healthcare, IT & telecommunication, BFSI, manufacturing,retail, food & beverages, and government markets. The global workforce analytic market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 13.7% from 2024 to 2030. The major drivers for this market are growing utilization of data in strategic workforce planning to gain a competitive edge and addressing long-term labor concerns while ensuring employee engagement and satisfaction.Workforce Analytic by Segment
The study includes a forecast for the global workforce analytic by enterprise type, deployment, end use industry, and region.Workforce Analytic Market by Enterprise Type [Shipment Analysis by Value from 2018 to 2030]
- Large Enterprises
- Small & Medium Enterprises
Workforce Analytic Market by Deployment [Shipment Analysis by Value from 2018 to 2030]
- Cloud
- On-Premise
Workforce Analytic Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]
- Healthcare
- IT & Telecommunication
- BFSI
- Manufacturing
- Retail
- Food & Beverages
- Government
- Others
Workforce Analytic Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Workforce Analytic Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies workforce analytic companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the workforce analytic companies profiled in this report include-- ADP
- Cornerstone OnDemand
- IBM
- Kronos
- SAP
- Workday
- WorkForce Software
- Visier
- Oracle
- TriNet
Workforce Analytic Market Insights
The publisher forecasts that large enterprises will remain the largest segment over the forecast period due to initial adoption of the software.Within this market, IT & telecommunication is expected to witness the highest growth due to swift progress in the sector driven by the increasing demand for enhanced it and telecommunication services.
North America will remain the largest region over the forecast period due to this region is technologically progressive, embracing new technologies quickly.
Features of the Global Workforce Analytic Market
- Market Size Estimates: Workforce analytic market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Workforce analytic market size by enterprise type, deployment, end use industry, and region in terms of value ($B).
- Regional Analysis: Workforce analytic market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different enterprise type, deployment, end use industry, and regions for the workforce analytic market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the workforce analytic market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the workforce analytic market size?Answer: The global workforce analytic market is expected to reach an estimated $3.5 billion by 2030.
Q2. What is the growth forecast for workforce analytic market?
Answer: The global workforce analytic market is expected to grow with a CAGR of 13.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the workforce analytic market?
Answer: The major drivers for this market are growing utilization of data in strategic workforce planning to gain a competitive edge and addressing long-term labor concerns while ensuring employee engagement and satisfaction.
Q4. What are the major segments for workforce analytic market?
Answer: The future of the workforce analytic market looks promising with opportunities in the healthcare, IT & telecommunication, BFSI, manufacturing,retail, food & beverages, and government markets.
Q5. Who are the key workforce analytic market companies?
Answer: Some of the key workforce analytic companies are as follows:
- ADP
- Cornerstone OnDemand
- IBM
- Kronos
- SAP
- Workday
- WorkForce Software
- Visier
- Oracle
- TriNet
Answer: The publisher forecasts that large enterprises will remain the largest segment over the forecast period due to initial adoption of the software.
Q7. In workforce analytic market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to this region is technologically progressive, embracing new technologies quickly.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the workforce analytic market by enterprise type (large enterprises and small & medium enterprises), deployment (cloud and on-premise), end use industry (healthcare, IT & telecommunication, BFSI, manufacturing, retail, food & beverages, government, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Workforce Analytic Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ADP
- Cornerstone OnDemand
- IBM
- Kronos
- SAP
- Workday
- WorkForce Software
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...
