Time Tracking Software Market Research Report - Global Forecast to 2027

Global 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 2027

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

Market Snapshot


Global Time Tracking Software Market is expected to register at a CAGR of 20% during the forecast period 2019–2026.


Time tracking software is a tool used by managers and employees in an enterprise to record work hours for billing, payroll, and other operations. The software allows managers to assign tasks on a project, helps in capturing the time spent by each employee on the assigned task and is used to automate payroll or the client invoicing process. The software also offers reports and insights related to operations such as notifying about tasks that are time-consuming and costing the most money through the dashboards, thereby allowing the enterprises to plan project budgets, increase productivity and accuracy, and foster workplace transparency.


Time theft and buddy punching are some of the major concerns in companies that still use traditional paper timesheets for time tracking. Time theft is expected to affect almost 75–80% of the businesses. Also, a study by AffinityLive revealed that the US economy loses 50 million hours in productivity per day because of unrecorded work activities. This equates to a loss of USD 7.4 billion per workday, due to which the enterprises are investing in sophisticated time tracking tools that help in eliminating the risks relating to time theft and buddy punching, increase employee productivity, and improve employee engagement and performance. Time tracking software enables managers and employees to manage and track project time and expense, payroll, and other enterprise operations effectively. Furthermore, due to the emergence of cloud-based time tracking software, the prevalence of remote work and the use of mobile phones for official purposes, it is expected that the time tracking software industry will grow during the forecast period.


There has been a gradual increase in the demand for time tracking software owing to the growing need among enterprises to boost employee productivity and the increasing adoption of remote work culture and bring your own device (BYOD) policies. Laptops, smartphones, and tablets are increasingly gaining popularity around the globe, as the BYOD phenomenon continues to grow. Companies are embracing technologies such as cloud and mobility to help employees work whenever and wherever they want without restrictions. This also helps in reducing the time and cost of the IT spend on support and troubleshooting the user device. Due to this, employees are getting used to handling a variety of work-related matters from their mobile devices. However, there are various issues in terms of work monitoring and managing in the case of BYOD and remote work. Mobile time tracking software helps in managing and tracking the time and work for BYOD and remote work applications. With mobile time tracking software, employees can enter timesheets and request time offs with just a few taps on their devices. Also, mobile time tracking applications allow information entries as and when an event occurs, thereby increasing the accuracy of the details entered. Furthermore, mobile time tracking, and expense management applications help in boosting the productivity of the workforce. Thus, increasing adoption of BYOD policies and the remote work culture drives the demand for mobile tracking software for tracking and managing work, and improving productivity. However, the availability of free and open-source time tracking software is expected to hamper the growth of the market. Also, data privacy and security concerns are the major challenges faced by the market. The market seeks opportunities from the increasing demand for cloud-based time tracking software.


Regional Analysis


Global Time Tracking Software Market, By Region, 2019 (%) Time Tracking Software Market


Source: MRFR Analysis


Global Time Tracking Software Market, by region, has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. North America accounted for the largest market share in 2019, with a market value of USD 610.65 million; the regional market is expected to register a CAGR of 21.03% during the forecast period. The growth in the region is attributed to the increasing workforce over the years, which has resulted in the widespread adoption of time tracking software across all sizes and kinds of businesses. Asia-Pacific is expected to register the highest CAGR of 22.21% during the forecast period. The growth can be attributed to the rapidly growing awareness concerning insider threats, and the benefits offered by the software like payroll management, employee monitoring, project management, and others.


Companies Covered


The Key Players in the Global Time Tracking Software Market are SAP SE (Germany), Kronos Incorporated (US), Wrike, Inc. (US), Clarizen (US), Zoho Corporation (US), ProActive Software Ltd. (The Netherlands), Basecamp (US), Mavenlink (US), ClickTime (US), ConnectWise, LLC (US), Workfront, Inc. (US), and Time Doctor (US).


According to the MRFR analysis, Kronos Incorporated is a prominent player in the global time tracking software market that offers workforce management solutions. Some of the key suites offered by the company include the Workforce Dimensions Suite, the Workforce Ready Suite, and the Workforce Central Suite. Furthermore, the company has invested heavily in acquiring several products, services, and technologies that are complementary to its existing offerings. It focuses on its R&D activities and aims for strategic acquisitions of leading companies in the market.


Key Developments



  • In October 2019, Clarizen announced the addition of several new features to its Clarizen Go task management solution to enable enterprise teams to meet their goals while adopting simple, Agile workflows.



  • In October 2019, Wrike, Inc. unveiled its new solutions & advanced analytics tool for performance-driven teams & organizations, named the Wrike Analyze Tool. The new offering addresses the rising demand for end-to-end work management solutions that measure the impact of efforts and cater to specific use cases.



  • In November 2018, Kronos Incorporated launched the Workforce Dimensions HCM, which extends the next-generation Workforce Dimensions experience. The Workforce Dimensions HCM suite is built on the Kronos D5 platform with features such as talent acquisition and onboarding, core human resources, talent and performance management, workforce management, and payroll in a single solution.


Market Segmentation



  • By Deployment – On-Premise and Cloud-Based

  • By Application – Tracking and Reporting, Project Management, and Payroll

  • By Organization Size – Large Enterprise and Small & Medium Enterprise


Key Questions Addressed by the Report



  • What was the historic market size (2016—2019)?

  • Which segmentation (Deployment/ Application/ Organization Size) is driving market?

  • What will be the growth rate by 2026?

  • Who are the key players in this market?

  • What are the strategies adopted by key players?

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

Time Tracking Software Market