Workforce Management Software Market: 34% of Growth to Originate from North America, Evolving Opportunities with Automatic Data Processing Inc. & Blue Yonder Group Inc. - Technavio

NEW YORK, Aug. 31, 2022 /PRNewswire/ -- The global workforce management software market size is expected to grow by USD 2.13 billion from 2020 to 2025, at a CAGR of 11.29% as per the latest market forecast report by Technavio. 34% of the market's growth will originate from North America during the forecast period. The US is a key market for workforce management software in North America. However, the market growth rate in North America will be slower than the growth of the market in other regions. Factors such as improved penetration of social media and high demand for cost-efficient HR solutions will facilitate the workforce management software market growth in North America over the forecast period.- For more highlights on the regional segment: Request a FREE sample report

Read the 120-page report with TOC on "Workforce Management Software Market Analysis Report by Deployment (Cloud-based and On-premise) and Geography (North America, Europe, APAC, South America, and MEA), and the Segment Forecasts,2021-2025". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing, brand, strategy and market development, sales, and supply functions. https://www.technavio.com/report/report/workforce-management-software-market-industry-analysis

Workforce Management Software Market - Vendor Analysis

The workforce management software market is fragmented and the vendors are deploying growth strategies such as alliances and joint ventures to compete in the market.

• Automatic Data Processing Inc. - The company offers a workforce management solution by offering ADP enterprise eTIME software that optimizes workforce performance.
• Blue Yonder Group Inc. - The company offers BlueYonder potential software under workforce management solutions for workforce management.
• Ceridian HCM Holding Inc. - The company offers HCM software under workforce management solutions which improve operational efficiency, decrease labor cost, and reduce compliance issues.
• International Business Machines Corp. - The company offers talent management software under service and consulting to inspire the customer workforce with innovative technologies and a people-centric approach to talent management.
• Koch Industries Inc. - The company offers Infor WFM software under workforce management solutions that optimize labor cost and compliance.
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Workforce Management Software Market - Market Dynamics

• Driver: The workforce management software market is driven by regulatory compliance.
• Trends: In addition, the need for workforce diversity management is anticipated to boost the growth of the workforce management software market.
• Challenges: The factors such as the high implementation and maintenance costs may impede the market growth.
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Workforce Management Software Market - Segmentation Analysis

Deployment Outlook (Revenue, USD bn, 2020-2025)

• Cloud-based - size and forecast 2020-2025
• On-premise - size and forecast 2020-2025

 Geography Outlook (Revenue, USD bn, 2020-2025)

• North America - size and forecast 2020-2025
• Europe - size and forecast 2020-2025
• APAC - size and forecast 2020-2025
• South America - size and forecast 2020-2025
• MEA - size and forecast 2020-2025

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The competitive scenario provided in the Workforce Management Software Market Report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don't wait, Make a strategic approach & boost your business goals with our Workforce Management Software Market Forecast Report - Buy Now!

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Table of Content

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market Definition
• Market segment analysis
• Market size 2020
• Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• The threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Deployment

• Market segments
• Comparison by Deployment
• Cloud-based - Market size and forecast 2020-2025
• On-premise - Market size and forecast 2020-2025
• Market opportunity by Deployment

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2020-2025
• Europe - Market size and forecast 2020-2025
• APAC - Market size and forecast 2020-2025
• South America - Market size and forecast 2020-2025
• MEA - Market size and forecast 2020-2025
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Automatic Data Processing Inc.
• Blue Yonder Group Inc.
• Ceridian HCM Holding Inc.
• International Business Machines Corp.
• Koch Industries Inc.
• Kronos Inc.
• Oracle Corp.
• Sage Group Plc
• SAP SE
• Workday Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research Methodology
• List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

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SOURCE Technavio