Pune, India, July 2020, MRFR Press Release/- Market Research Future has published a Cooked Research Report on the Global Workforce Management Market.
The MRFR analysis offers a comprehensive understanding of the market dynamics. The global workforce management market has been analyzed across key geographies, namely, North America, Europe, Asia-Pacific, the Rest of the World (South America and the Middle East & Africa). North America is expected to be the largest share of the workforce management market during the forecast period. The market in this region has been further categorized into the US, Canada, and Mexico. In 2019, the US-dominated the workforce management market, followed by Canada and Mexico. Rapid advances in digital technologies and the presence of early adopters in the region are some of the factors driving the growth of the market. Moreover, the increasing mobile penetration and adoption of cloud across organizations are also some of the factors responsible for the growth of the market. Asia-Pacific is expected to register the highest CAGR during the forecast period, 2020–2026. This basically means that the region has immense opportunities in terms of revenue growth. This is because more and more enterprises are looking for automating their workforce management process, therefore creating more demand for workforce management solutions in the region.
According to Market Research Future analysis, the global workforce management market was valued at USD 6,164.36 million in 2019 and has been estimated to reach USD 18.828.9 million by 2026 at a CAGR of 18.75% during the forecast period, 2020–2026.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/workforce-management-market-2388
Global Workforce Management Market Segmentation
The market has been segmented based on component, deployment, organization size, vertical, and region. Based on components, the workforce management systems are segmented into two components, namely, services and solutions. The global workforce management market on the basis of deployment has been segmented into cloud and on-premise deployment solutions. Among the two deployment modes, the cloud-based workforce management solution is expected to register the highest CAGR during the forecast period. Based on organization size, the global workforce management market has been segmented into small & medium enterprises and large enterprises. Moreover, based on the industry vertical, the workforce management solutions include BFSI, IT and telecommunication; energy and utility; manufacturing; retail; healthcare; government and defense; and others.
Some of the Prominent Players in the Global Workforce Management Market are IBM Corporation, SAP SE, Kronos Incorporated, ADP LLC, Ultimate Software, Workday, Inc., VERINT, Workforce Software, Reflexis Systems, Inc., ATOSS Software AG, Huntington Business Systems, Zoho Corporation, Ceridian HCM Holding, Inc., and SumTotal Systems.