Time Tracking Software Market Research Report - Global Forecast to 2030

Time Tracking Software Market Research Report: by Deployment (On-Premise and Cloud-Based), Application (Tracking and Reporting, Project Management and Payroll), Organization Size (Large Enterprises and Small & Medium Enterprises) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2030

ID: MRFR/ICT/8101-CR | April 2020 | Region: Global | 147 Pages         

1 EXECUTIVE SUMMARY

1.1 MARKET SYNOPSIS 14

1.2 GLOBAL TIME TRACKING SOFTWARE MARKET, BY REGION, 2018 16

1.3 GLOBAL TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT 16

1.4 GLOBAL TIME TRACKING SOFTWARE MARKET, BY APPLICATION 17

1.5 GLOBAL TIME TRACKING SOFTWARE MARKET, BY ORGANIZATIONS SIZE 18

1.6 GLOBAL TIME TRACKING SOFTWARE MARKET, BY REGION 19

2 MARKET INTRODUCTION

2.1 DEFINITION 20

2.2 SCOPE OF THE STUDY 20

2.3 RESEARCH OBJECTIVE 20

2.4 MARKET STRUCTURE 21

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS 22

3.2 PRIMARY RESEARCH 23

3.3 SECONDARY RESEARCH 24

3.4 MARKET SIZE ESTIMATION 24

3.5 FORECAST MODEL 26

3.6 LIST OF ASSUMPTIONS 27

4 MARKET DYNAMICS

4.1 DRIVERS 29

4.1.1 GROWING NEED AMONG ENTERPRISES TO INCREASE EMPLOYEE PRODUCTIVITY 29

4.1.2 INCREASING ADOPTION OF REMOTE WORK CULTURE AND BYOD AMONG ENTERPRISES 29

4.2 RESTRAINTS 30

4.2.1 AVAILABILITY OF FREE AND OPEN SOURCE TIME TRACKING SOFTWARE IN THE MARKET 30

4.3 OPPORTUNITIES 30

4.3.1 INCREASING DEMAND FOR CLOUD-BASED TIME TRACKING SOFTWARE 30

4.4 CHALLENGES 30

4.4.1 DATA PRIVACY AND SECURITY CONCERNS 30

5 MARKET FACTOR ANALYSIS

5.1 PORTER’S FIVE FORCES MODEL 31

5.1.1 THREAT OF NEW ENTRANTS 31

5.1.2 BARGAINING POWER OF SUPPLIERS 32

5.1.3 BARGAINING POWER OF BUYERS 32

5.1.4 THREAT OF SUBSTITUTES 32

5.1.5 INTENSITY OF RIVALRY 32

5.2 VALUE CHAIN 32

5.2.1 SOLUTION PROVIDERS 33

5.2.2 SYSTEM INTEGRATORS 33

5.2.3 END-USERS 33

6 GLOBAL TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT

6.1 OVERVIEW 34

6.2 ON-PREMISE 35

6.3 CLOUD-BASED 35

7 GLOBAL TIME TRACKING SOFTWARE MARKET, BY APPLICATION

7.1 OVERVIEW 36

7.2 TRACKING AND REPORTING 37

7.3 PROJECT MANAGEMENT 37

7.4 PAYROLL 37

8 GLOBAL TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE

8.1 OVERVIEW 38

8.2 LARGE ENTERPRISE 39

8.3 SMALL & MEDIUM ENTERPRISE 39

9 GLOBAL TIME TRACKING SOFTWARE MARKET, BY REGION

9.1 OVERVIEW 40

9.2 NORTH AMERICA 42

9.2.1 US 46

9.2.2 CANADA 48

9.2.3 MEXICO 50

9.3 EUROPE 52

9.3.1 GERMANY 56

9.3.2 UK 58

9.3.3 FRANCE 60

9.3.4 REST OF EUROPE 62

9.3.5 ITALY 64

9.4 ASIA-PACIFIC 66

9.4.1 CHINA (INCLUDING TAIWAN) 70

9.4.2 JAPAN 72

9.4.3 INDIA 74

9.4.4 REST OF ASIA-PACIFIC 76

9.4.5 SOUTH KOREA 78

9.5 MIDDLE EAST & AFRICA 81

9.5.1 GCC 85

9.5.2 SOUTH AFRICA 87

9.5.3 REST OF MIDDLE EAST & AFRICA 89

9.6 SOUTH AMERICA 91

9.6.1 BRAZIL 95

9.6.2 ARGENTINA 97

9.6.3 COLOMBIA 99

9.6.4 REST OF SOUTH AMERICA 100

10 COMPETITIVE LANDSCAPE

10.1 MARKET SHARE ANALYSIS 103

10.2 COMPETITIVE BENCHMARKING 105

10.3 RECENT DEVELOPMENTS 106

10.3.1 PRODUCT DEVELOPMENT 106

10.3.1 MERGERS AND ACQUISITIONS 106

10.3.2 PARTNERSHIPS/AGREEMENTS/COLLABORATIONS 107

11 COMPANY PROFILES

11.1 WRIKE, INC. 108

11.1.1 COMPANY OVERVIEW 108

11.1.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 108

11.1.3 KEY DEVELOPMENTS 108

11.1.4 KEY STRATEGIES 108

11.2 CLARIZEN 109

11.2.1 COMPANY OVERVIEW 109

11.2.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 109

11.2.3 KEY DEVELOPMENTS 109

11.2.4 KEY STRATEGIES 110

11.3 ZOHO CORPORATION 111

11.3.1 COMPANY OVERVIEW 111

11.3.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 111

11.3.3 KEY DEVELOPMENTS 111

11.3.4 KEY STRATEGIES 111

11.4 PROACTIVE SOFTWARE LTD. 112

11.4.1 COMPANY OVERVIEW 112

11.4.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 112

11.5 BASECAMP 113

11.5.1 COMPANY OVERVIEW 113

11.5.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 113

11.6 MAVENLINK 114

11.6.1 COMPANY OVERVIEW 114

11.6.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 114

11.6.3 KEY DEVELOPMENTS 114

11.6.4 KEY STRATEGIES 114

11.7 CLICKTIME 115

11.7.1 COMPANY OVERVIEW 115

11.7.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 115

11.7.3 KEY DEVELOPMENTS: 115

11.8 CONNECTWISE, LLC. 116

11.8.1 COMPANY OVERVIEW 116

11.8.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 116

11.8.3 KEY DEVELOPMENTS 116

11.8.4 KEY STRATEGIES 116

11.9 WORKFRONT, INC. 117

11.9.1 COMPANY OVERVIEW 117

11.9.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 117

11.9.3 KEY DEVELOPMENTS: 117

11.10 TIME DOCTOR 118

11.10.1 COMPANY OVERVIEW 118

11.10.2 PRODUCTS/SOLUTIONS/SERVICES OFFERED 118

11.10.3 KEY DEVELOPMENTS: 118

11.11 SAP SE 119

11.11.1 COMPANY OVERVIEW 119

11.11.2 FINANCIAL OVERVIEW 119

11.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 120

11.11.4 KEY DEVELOPMENTS 120

11.11.5 SWOT ANALYSIS 121

11.11.6 KEY STRATEGIES 121

11.12 KRONOS INCORPORATED 122

11.12.1 COMPANY OVERVIEW 122

11.12.2 FINANCIAL OVERVIEW 122

11.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 123

11.12.4 KEY DEVELOPMENTS 123

11.12.5 SWOT ANALYSIS 124

11.12.6 KEY STRATEGIES 124

12 LIST OF TABLES

TABLE 1 PRIMARY INTERVIEWS 23

TABLE 2 LIST OF ASSUMPTIONS 27

TABLE 3 GLOBAL TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 34

TABLE 4 GLOBAL TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 34

TABLE 5 GLOBAL TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 36

TABLE 6 GLOBAL TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 36

TABLE 7 GLOBAL TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 38

TABLE 8 GLOBAL TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 38

TABLE 9 GLOBAL TIME TRACKING SOFTWARE MARKET, BY REGION, 2020–2018 (USD MILLION) 41

TABLE 10 GLOBAL TIME TRACKING SOFTWARE MARKET, BY REGION, 2019–2027 (USD MILLION) 41

TABLE 11 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2018 (USD MILLION) 42

TABLE 12 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2019–2027 (USD MILLION) 42

TABLE 13 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 43

TABLE 14 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 43

TABLE 15 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 44

TABLE 16 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 44

TABLE 17 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 45

TABLE 18 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 45

TABLE 19 US: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2024 (USD MILLION) 46

TABLE 20 US: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 46

TABLE 21 US: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 46

TABLE 22 US: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 47

TABLE 23 US: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 47

TABLE 24 US: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 47

TABLE 25 CANADA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 48

TABLE 26 CANADA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 48

TABLE 27 CANADA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 48

TABLE 28 CANADA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 49

TABLE 29 CANADA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 49

TABLE 30 CANADA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 49

TABLE 31 MEXICO: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 50

TABLE 32 MEXICO: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 50

TABLE 33 MEXICO: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 50

TABLE 34 MEXICO: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 51

TABLE 35 MEXICO: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 51

TABLE 36 MEXICO: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 51

TABLE 37 EUROPE: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2018 (USD MILLION) 52

TABLE 38 EUROPE: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2019–2027 (USD MILLION) 53

TABLE 39 EUROPE: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 53

TABLE 40 EUROPE: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 54

TABLE 41 EUROPE: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 54

TABLE 42 EUROPE: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 55

TABLE 43 EUROPE: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 55

TABLE 44 EUROPE: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 56

TABLE 45 GERMANY: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 56

TABLE 46 GERMANY: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 56

TABLE 47 GERMANY: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 57

TABLE 48 GERMANY: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 57

TABLE 49 GERMANY: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 57

TABLE 50 GERMANY: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 57

TABLE 51 UK: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 58

TABLE 52 UK: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 58

TABLE 53 UK: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 58

TABLE 54 UK: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 59

TABLE 55 UK: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 59

TABLE 56 UK: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 59

TABLE 57 FRANCE: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 60

TABLE 58 FRANCE: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 60

TABLE 59 FRANCE: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 60

TABLE 60 FRANCE: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 61

TABLE 61 FRANCE: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 61

TABLE 62 FRANCE: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 61

TABLE 63 REST OF EUROPE: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 62

TABLE 64 REST OF EUROPE: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 62

TABLE 65 REST OF EUROPE: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 62

TABLE 66 REST OF EUROPE: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 63

TABLE 67 REST OF EUROPE: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 63

TABLE 68 REST OF EUROPE: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 63

TABLE 69 ITALY: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 64

TABLE 70 ITALY: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 64

TABLE 71 ITALY: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 64

TABLE 72 ITALY: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 65

TABLE 73 ITALY: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 65

TABLE 74 ITALY: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 65

TABLE 75 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2018 (USD MILLION) 66

TABLE 76 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2019–2027 (USD MILLION) 67

TABLE 77 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 67

TABLE 78 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 68

TABLE 79 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 68

TABLE 80 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 69

TABLE 81 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 69

TABLE 82 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 70

TABLE 83 CHINA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 70

TABLE 84 CHINA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 70

TABLE 85 CHINA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 71

TABLE 86 CHINA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 71

TABLE 87 CHINA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 71

TABLE 88 CHINA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 71

TABLE 89 JAPAN: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 72

TABLE 90 JAPAN: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 72

TABLE 91 JAPAN: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 73

TABLE 92 JAPAN: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 73

TABLE 93 JAPAN: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 73

TABLE 94 JAPAN: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 73

TABLE 95 INDIA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 74

TABLE 96 INDIA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 74

TABLE 97 INDIA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 74

TABLE 98 INDIA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 75

TABLE 99 INDIA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 75

TABLE 100 INDIA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 75

TABLE 101 REST OF ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 76

TABLE 102 REST OF ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 76

TABLE 103 REST OF ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 76

TABLE 104 REST OF ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 77

TABLE 105 REST OF ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 77

TABLE 106 REST OF ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 77

TABLE 107 SOUTH KOREA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 78

TABLE 108 SOUTH KOREA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 78

TABLE 109 SOUTH KOREA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 79

TABLE 110 SOUTH KOREA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 79

TABLE 111 SOUTH KOREA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 79

TABLE 112 SOUTH KOREA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 80

TABLE 113 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2018 (USD MILLION) 81

TABLE 114 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2019–2027 (USD MILLION) 82

TABLE 115 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 82

TABLE 116 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 83

TABLE 117 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 83

TABLE 118 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 84

TABLE 119 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 84

TABLE 120 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 85

TABLE 121 GCC: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 85

TABLE 122 GCC: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 85

TABLE 123 GCC: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 86

TABLE 124 GCC: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 86

TABLE 125 GCC: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 86

TABLE 126 GCC: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 86

TABLE 127 SOUTH AFRICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 87

TABLE 128 SOUTH AFRICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 87

TABLE 129 SOUTH AFRICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 87

TABLE 130 SOUTH AFRICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 88

TABLE 131 SOUTH AFRICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 88

TABLE 132 SOUTH AFRICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 88

TABLE 133 REST OF MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 89

TABLE 134 REST OF MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 89

TABLE 135 REST OF MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 89

TABLE 136 REST OF MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 90

TABLE 137 REST OF MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 90

TABLE 138 REST OF MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 90

TABLE 139 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2018 (USD MILLION) 91

TABLE 140 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2019–2027 (USD MILLION) 91

TABLE 141 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 92

TABLE 142 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 92

TABLE 143 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 93

TABLE 144 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 93

TABLE 145 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 94

TABLE 146 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 94

TABLE 147 BRAZIL: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 95

TABLE 148 BRAZIL: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 95

TABLE 149 BRAZIL: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 95

TABLE 150 BRAZIL: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 96

TABLE 151 BRAZIL: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 96

TABLE 152 BRAZIL: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 96

TABLE 153 ARGENTINA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 97

TABLE 154 ARGENTINA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 97

TABLE 155 ARGENTINA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 97

TABLE 156 ARGENTINA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 98

TABLE 157 ARGENTINA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 98

TABLE 158 ARGENTINA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 98

TABLE 159 COLOMBIA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 99

TABLE 160 COLOMBIA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 99

TABLE 161 COLOMBIA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 99

TABLE 162 COLOMBIA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 99

TABLE 163 COLOMBIA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 100

TABLE 164 COLOMBIA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 100

TABLE 165 REST OF SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2018 (USD MILLION) 100

TABLE 166 REST OF SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2019–2027 (USD MILLION) 101

TABLE 167 REST OF SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2018 (USD MILLION) 101

TABLE 168 REST OF SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2019–2027 (USD MILLION) 101

TABLE 169 REST OF SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2018 (USD MILLION) 102

TABLE 170 REST OF SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2019–2027 (USD MILLION) 102

TABLE 1 NEW PRODUCT DEVELOPMENT 106

TABLE 2 MERGERS AND ACQUISITIONS 106

TABLE 3 PARTNERSHIPS/AGREEMENTS/COLLABORATIONS 107

TABLE 4 WRIKE INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 108

TABLE 5 WRIKE INC.: KEY DEVELOPMENTS 108

TABLE 6 CLARIZEN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 109

TABLE 7 CLARIZEN: KEY DEVELOPMENTS 109

TABLE 8 ZOHO CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 111

TABLE 9 ZOHO CORPORATION: KEY DEVELOPMENTS 111

TABLE 10 PROACTIVE SOFTWARE LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 112

TABLE 11 BASECAMP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 113

TABLE 12 MAVENLINK: PRODUCTS/SOLUTIONS/SERVICES OFFERED 114

TABLE 13 MAVENLINK: KEY DEVELOPMENTS 114

TABLE 14 CLICKTIME: PRODUCTS/SOLUTIONS/SERVICES OFFERED 115

TABLE 15 CONNECTWISE: PRODUCTS/SOLUTIONS/SERVICES OFFERED 116

TABLE 16 CONNECTWISE: KEY DEVELOPMENTS 116

TABLE 17 WORKFRONT, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 117

TABLE 18 TIME DOCTOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 118

TABLE 19 SAP SE.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 120

TABLE 20 SAP SE.: KEY DEVELOPMENTS 120

TABLE 21 KRONOS INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 123

TABLE 22 KRONOS INCORPORATED: KEY DEVELOPMENTS 123

13 LIST OF FIGURES

FIGURE 1 MARKET SYNOPSYS 15

FIGURE 2 GLOBAL TIME TRACKING SOFTWARE MARKET ANALYSIS, BY DEPLOYMENT 16

FIGURE 3 GLOBAL TIME TRACKING SOFTWARE MARKET ANALYSIS, BY APPLICATION 17

FIGURE 4 GLOBAL TIME TRACKING SOFTWARE MARKET ANALYSIS, BY ORGANIZATION SIZE 18

FIGURE 5 GLOBAL TIME TRACKING SOFTWARE MARKET ANALYSIS, BY REGION, MARKET SHARE 2018 (%) 19

FIGURE 6 GLOBAL TIME TRACKING SOFTWARE MARKET: STRUCTURE 21

FIGURE 7 RESEARCH PROCESS 22

FIGURE 8 TOP-DOWN & BOTTOM-UP APPROACHES 25

FIGURE 9 MARKET DYNAMICS OVERVIEW 28

FIGURE 10 PORTER’S FIVE FORCES ANALYSIS: GLOBAL TIME TRACKING SOFTWARE MARKET 31

FIGURE 11 VALUE CHAIN: GLOBAL TIME TRACKING SOFTWARE MARKET 33

FIGURE 12 GLOBAL TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2027 (USD MILLION) 34

FIGURE 13 GLOBAL TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020–2027 (USD MILLION) 36

FIGURE 14 GLOBAL TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020–2027 (USD MILLION) 38

FIGURE 15 GLOBAL TIME TRACKING SOFTWARE MARKET, BY REGION, 2018 (% SHARE) 40

FIGURE 16 GLOBAL TIME TRACKING SOFTWARE MARKET, BY REGION, 2020–2027 (USD MILLION) 40

FIGURE 17 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 42

FIGURE 18 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2027 (USD MILLION) 43

FIGURE 19 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 44

FIGURE 20 NORTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020-2027 (USD MILLION) 45

FIGURE 21 EUROPE: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 52

FIGURE 22 EUROPE: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2027 (USD MILLION) 53

FIGURE 23 EUROPE: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 54

FIGURE 24 EUROPE: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020-2027 (USD MILLION) 55

FIGURE 25 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 66

FIGURE 26 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2027 (USD MILLION) 67

FIGURE 27 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 68

FIGURE 28 ASIA-PACIFIC: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020-2027 (USD MILLION) 69

FIGURE 29 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 81

FIGURE 30 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2027 (USD MILLION) 82

FIGURE 31 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 83

FIGURE 32 MIDDLE EAST & AFRICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020-2027 (USD MILLION) 84

FIGURE 33 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY COUNTRY, 2020–2027 (USD MILLION) 91

FIGURE 34 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY DEPLOYMENT, 2020–2027 (USD MILLION) 92

FIGURE 35 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 93

FIGURE 36 SOUTH AMERICA: TIME TRACKING SOFTWARE MARKET, BY ORGANIZATION SIZE, 2020-2027 (USD MILLION) 94

FIGURE 37 KEY PLAYERS MARKET SHARE ANALYSIS, 2018 (%) 103

FIGURE 38 COMPETITIVE BENCHMARKING OF KEY PLAYERS 105

FIGURE 39 SAP SE.: FINANCIAL OVERVIEW SNAPSHOT 119

FIGURE 40 SAP SE.: SWOT ANALYSIS 121

FIGURE 41 KRONOS INCORPORATED: FINANCIAL OVERVIEW SNAPSHOT 122

FIGURE 42 KRONOS INCORPORATED: SWOT ANALYSIS 124

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Time Tracking Software Market Snapshot


Time Tracking Software Market is anticipated to grow by 21.4%. The time tracking application helps to track and optimize the working hours of employees. Regulating employee wages and salary is the crucial task of this software. The HR departments utilise this time tracking software. It is an effortless way to simplify the time tracking process in any organisation Enterprise will have thousands of employees. 


Checking the working hours of every employee individually is a challenging task. However, with these accurate working hours is calculated. Personal tools are available in this software that helps to track the wastage of working hours. The time tracking software can fit in any type of enterprise. The demand for technologies is increasing in workspaces. Automation increases productivity and efficiency in organisations. 


In many firms, wasting working hours is a common practice for employees. It is affecting the operations in the enterprise. Less efficiency, delayed work and not being able to meet the deadline are some of the challenges in organisations. Through time tracking software no employee can escape from working hours. In many organizations, the rate of waste time can affect the salary of the employee. Time Tracking Software Market Forecast, shows these factors will increase profitability in organizations. 


COVID Analysis 


An outbreak of covid 19 is affecting business operations. However, this pandemic has low effects on the time tracking software. Today, many organisations are working remotely. They are working in the home setting. It leads to more need of tracking employee working time. 


Time and attendance software is gaining more awareness among many end-users. Automated time software is helping to calculate the accurate payroll of the employee. Their payroll process is error-free through this technology. Many enterprises use this software in recent years.


 The adoption rate is high in various health organisations. The health industry is occupied with covid cases. Managing other organisational tasks is difficult for the industry. Therefore, the adoption of time tracking benefits these organizations. Precise information about labour data is available through this software. In this period, demand for the market is expanding. Post covid 19 market scenario seems positive for the time tracking software market. 


Market Dynamics 



  • Crucial Market Drivers 


The rising need for high productivity in organisations is driving demand. The shift of enterprise in adopting cloud-based software is massive. Time tracking is cloud technology that is secure and reliable. Higher productivity is so reported by using this software. Growing equipment of productivity will have a positive impact on the time tracking software market. 


Especially, adoption by large and small enterprises will lead to higher revenue. Employees are much more concerned to work effectively during working hours due to this time surveillance. Enterprise without time tracking faces many challenges. Poor time management, payroll error and business losses are limitation in many enterprises. The discipline in an organisation to manage time is rising due to this software. This software contributes to employee morale. In some enterprises, employees finishing work before the deadline receive incentives. 


Errors in the organisation are reducing by half due to this software. The increased remote culture in workplaces is another driver of the time tracking software market. Today, many organisations are benefitting from remote work. Even post covid many are trying to work remotely. The organisational costs are saved due to remote working. This rising trend will bring favourable changes Time Tracking Software Business.



  • The Market Growth Opportunities 


Technological advancements in the field will bring Time Tracking Software Market Growth opportunities. The time tracking market is witnessing massive technological advancements. For maximum security and accuracy, these developments are initiated. These developments will automatically take care of employee time tracking to pay enrolment tasks.


In recent times, automated workflows are high in the market. Building custom policies to manage this workflow are happening in the time tracking software market. Technological trends such as wifi time clock and calendar benefit the overall market. Scheduling in time and attendance feature so the market will bring massive growth. The increase in automation tools of time tracking software will provide more scope.


In upcoming years, key players are making new developments in products. Time tracking is expected to become more automated. These changes in the time tracking software market will lead to high growth opportunities. New product launches and features will attract many end-users. These opportunities will expand the overall market in the forecast period. 



  • The Market Restraints 


Open source time tracking is a restraint in the time tracking software market. This format of the time tracking software can increase potential risks. Data issues and security concerns can affect the demand. The time tracking device can collect crucial payment information of the employee. Due to open source time tracking, anyone can access this data.


This can lead to high revenue losses for all these markets. Many cases involve poor monitoring of staff when using the time tracking software. Providing proper password protection and securing payments in the software are essential. Not following these norms can lead to heavy damage to the time tracking software market. Productivity and efficiency can damage due to these issues. 



  • The Market Challenges 


The high cost of software is a restraining factor of the time tracking software market. The time tracking software has high challenges due to the cost. Cost is a serious issue in developing nations. The demand for time tracking technologies is massive in these markets. However, the high cost makes it unaffordable for the users. Many markets find it difficult to allocate investment for time tracking software.


The services and installation cost of the market remains a challenge. Installing the audit software in the central system of any enterprise is difficult. In many regions installation requires an entire change of the technological infrastructure. Due to the economic crisis and covid outbreak, the investments are reducing for the market. All these factors remain a challenge for the market. 



  • Cumulative Growth Analysis 


The Time Tracking Software Market Analysis shows a stable trend. There are plenty of growth factors such as the high need for productivity is driving the demand for the market. Also, poor time management of various regions is leading to errors in a time tracking software.


The need to establish poor time management is bringing favourable changes in the market. Simplifying several tasks is possible through technology. Open source timing can cause privacy concerns in the market. Also, the high cost of software is another restraint in the market. However, the growth opportunities sustain the overall growth of the time tracking software market. 



  • Value Chain Analysis 


The Asia Pacific is a leading regional player with high time tracking software market shares. It is a region that accounts for 37.2% of the shares. Countries such as China, India and Japan are key regions in the market. They are top investors who take initiatives for new developments. There are plenty of manufacturing facilities in this market.


The growth of enterprises is driving demand in this region. Many large and medium organisations require effective time management for high productivity. Cloud-based time tracking will lead to more growth opportunities in the market. Higher adoption among SMEs will play a major role in high profitability. 


Segment Overview 


Time Tracking Software Market Segments


By Deployment 



  • Cloud-based platform 

  • On-premise 


By Tracking Application 



  • Payroll 

  • Tracking and reporting 

  • Project management 


By Organisation Size 



  • Large scale organisation 

  • Small and medium enterprise 


Competitive Landscape 


Competition in the Time Tracking Software Industry is high. The entry of new key players will create more growth in the market. Also, price competition is high among the key players. Innovations in the software are expected. Investments from emerging nations will raise R&D expenditures. Further, market expansion, acquisition, collaborations and partnership will rise. 


Regional Analysis 


The time tracking software market is fragmented into Asia Pacific, Europe and North America. The Asia Pacific is a key regional player with the highest market shares. There are top Time Tracking Software Market Players. Awareness about time tracking software is growing. Also, the emergence of demand from China, India and Japan contribute to profitability.


North America is the next largest key player with massive shareholding. It is an early adopter of the time tracking software. Rising demand for productivity efficiency in the organisation is leading to adoption. The investors are high for time tracking software. There are fewer cost barriers in the market. Europe is a merging market with high growth potential. All these factors will contribute to the immense value of the market. 


The key players in the time tracking software market are 



  • Ceridian

  • IBM corporation

  • Ultimate kronos group (ukg)

  • Oracle corporation

  • Reflexis systems

  • Interflex datensysteme gmbh & co. kg

  • Sap Se

  • Workday Inc.

  • Workforce software, LLC.

  • Adp, LLC.


Recent Developments 


Key players are increasing their production of microprocessors. The key end-users have a high demand for this segment of the market. The rising demand is due to inventory management and time tracking in the industry. 


The production in the retail segment is expected to grow massively in the forecast period. 


Report Overview 



  1. Market Overview Highlights 

  2. Analysis Based Upon COVID 19

  3. Explanation Upon The Market Dynamics

  4. Value Chain Analysis

  5. Market Segmentation Overview

  6. The Regional Analysis

  7. Competitive Landscape Analysis

  8. Recent Developments

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Frequently Asked Questions (FAQ) :

The global tracking software market is estimated to record a CAGR of 21.4% during the forecast period from 2020 to 2030.

According to MRFR, the global tracking software market is estimated to hold a substantial value during the forecast period.

The key players of the global time tracking software market are SAP SE (Germany), Kronos Incorporated (the US), Wrike, Inc. (the US), Clarizen (US), Zoho Corporation (US), ProActive Software Ltd. (The Netherlands), Basecamp (US), Mavenlink (US), ClickTime (US), ConnectWise, LLC (US), Workfront, Inc. (the US), and Time Doctor (US).

According to MRFR, North America is estimated to acquire the largest market share. On the other hand, the APAC region is likely to expand at the highest CAGR during the review period.

The growing adoption of remote work culture and BYOD is estimated to be the major factor leading to market expansion.