Global Workforce Management Software Market 2023-2027

Description

List of Tables

Technavio has been monitoring the workforce management software market and is forecast to grow by $2,307.38 mn during 2022-2027, accelerating at a CAGR of 6.82% during the forecast period. Our report on the workforce management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by regulatory compliance, the increasing need to streamline HR functions, and the need for workforce diversity management.

Technavio's workforce management software market is segmented as below:

By Deployment

Cloud-based
On-premise

By End-user

IT and telecom
BFSI
Healthcare
Manufacturing
Others

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the rising adoption of digital hr technology as one of the prime reasons driving the workforce management software market growth during the next few years. Also, the increasing popularity of advanced workforce analytics and high utilization of social media will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Our report on the workforce management software market covers the following areas:

Workforce management software market sizing
Workforce management software market forecast
Workforce management software market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading workforce management software market vendors that include ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, Blue Yonder Group Inc., Ceridian HCM Holding Inc., International Business Machines Corp., Koch Industries Inc., Kronos Inc., NICE Ltd., Oracle Corp., Paycor Inc., Performly International Inc., Reflexis Systems Inc., Rippling People Center Inc., Sage Group Plc, SAP SE, UKG Inc., Verint Systems Inc., Workday Inc., and Zoho Corp. Pvt. Ltd. Also, the workforce management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44428

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Deployment
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global workforce management software market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global workforce management software market 2017 - 2021 ($ million)
4.2 Deployment Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Deployment Segment 2017 - 2021 ($ million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

6.1 Market segments
Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)
6.2 Comparison by Deployment
Exhibit 32: Chart on Comparison by Deployment
Exhibit 33: Data Table on Comparison by Deployment
6.3 Cloud based - Market size and forecast 2022-2027
Exhibit 34: Chart on Cloud based - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Cloud based - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Cloud based - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Cloud based - Year-over-year growth 2022-2027 (%)
6.4 On-premise - Market size and forecast 2022-2027
Exhibit 38: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on On-premise - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on On-premise - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Deployment
Exhibit 42: Market opportunity by Deployment ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 45: Chart on Comparison by End-user
Exhibit 46: Data Table on Comparison by End-user
7.3 IT and telecom - Market size and forecast 2022-2027
Exhibit 47: Chart on IT and telecom - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on IT and telecom - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on IT and telecom - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on IT and telecom - Year-over-year growth 2022-2027 (%)
7.4 BFSI - Market size and forecast 2022-2027
Exhibit 51: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on BFSI - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
7.5 Healthcare - Market size and forecast 2022-2027
Exhibit 55: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
7.6 Manufacturing - Market size and forecast 2022-2027
Exhibit 59: Chart on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
7.7 Others - Market size and forecast 2022-2027
Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by End-user
Exhibit 67: Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 69: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 70: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 89: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 UK - Market size and forecast 2022-2027
Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.11 Canada - Market size and forecast 2022-2027
Exhibit 105: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 113: Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 Automatic Data Processing Inc.
Exhibit 120: Automatic Data Processing Inc. - Overview
Exhibit 121: Automatic Data Processing Inc. - Business segments
Exhibit 122: Automatic Data Processing Inc. - Key news
Exhibit 123: Automatic Data Processing Inc. - Key offerings
Exhibit 124: Automatic Data Processing Inc. - Segment focus
12.4 Bamboo HR LLC
Exhibit 125: Bamboo HR LLC - Overview
Exhibit 126: Bamboo HR LLC - Product / Service
Exhibit 127: Bamboo HR LLC - Key offerings
12.5 Blue Yonder Group Inc.
Exhibit 128: Blue Yonder Group Inc. - Overview
Exhibit 129: Blue Yonder Group Inc. - Product / Service
Exhibit 130: Blue Yonder Group Inc. - Key offerings
12.6 Ceridian HCM Holding Inc.
Exhibit 131: Ceridian HCM Holding Inc. - Overview
Exhibit 132: Ceridian HCM Holding Inc. - Product / Service
Exhibit 133: Ceridian HCM Holding Inc. - Key news
Exhibit 134: Ceridian HCM Holding Inc. - Key offerings
12.7 International Business Machines Corp.
Exhibit 135: International Business Machines Corp. - Overview
Exhibit 136: International Business Machines Corp. - Business segments
Exhibit 137: International Business Machines Corp. - Key news
Exhibit 138: International Business Machines Corp. - Key offerings
Exhibit 139: International Business Machines Corp. - Segment focus
12.8 Koch Industries Inc.
Exhibit 140: Koch Industries Inc. - Overview
Exhibit 141: Koch Industries Inc. - Product / Service
Exhibit 142: Koch Industries Inc. - Key news
Exhibit 143: Koch Industries Inc. - Key offerings
12.9 NICE Ltd.
Exhibit 144: NICE Ltd. - Overview
Exhibit 145: NICE Ltd. - Business segments
Exhibit 146: NICE Ltd. - Key news
Exhibit 147: NICE Ltd. - Key offerings
Exhibit 148: NICE Ltd. - Segment focus
12.10 Oracle Corp.
Exhibit 149: Oracle Corp. - Overview
Exhibit 150: Oracle Corp. - Business segments
Exhibit 151: Oracle Corp. - Key news
Exhibit 152: Oracle Corp. - Key offerings
Exhibit 153: Oracle Corp. - Segment focus
12.11 Paycor Inc.
Exhibit 154: Paycor Inc. - Overview
Exhibit 155: Paycor Inc. - Product / Service
Exhibit 156: Paycor Inc. - Key offerings
12.12 Performly International Inc.
Exhibit 157: Performly International Inc. - Overview
Exhibit 158: Performly International Inc. - Product / Service
Exhibit 159: Performly International Inc. - Key offerings
12.13 Reflexis Systems Inc.
Exhibit 160: Reflexis Systems Inc. - Overview
Exhibit 161: Reflexis Systems Inc. - Product / Service
Exhibit 162: Reflexis Systems Inc. - Key offerings
12.14 Sage Group Plc
Exhibit 163: Sage Group Plc - Overview
Exhibit 164: Sage Group Plc - Business segments
Exhibit 165: Sage Group Plc - Key news
Exhibit 166: Sage Group Plc - Key offerings
Exhibit 167: Sage Group Plc - Segment focus
12.15 SAP SE
Exhibit 168: SAP SE - Overview
Exhibit 169: SAP SE - Business segments
Exhibit 170: SAP SE - Key news
Exhibit 171: SAP SE - Key offerings
Exhibit 172: SAP SE - Segment focus
12.16 Workday Inc.
Exhibit 173: Workday Inc. - Overview
Exhibit 174: Workday Inc. - Product / Service
Exhibit 175: Workday Inc. - Key offerings
12.17 Zoho Corp. Pvt. Ltd.
Exhibit 176: Zoho Corp. Pvt. Ltd. - Overview
Exhibit 177: Zoho Corp. Pvt. Ltd. - Product / Service
Exhibit 178: Zoho Corp. Pvt. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 179: Inclusions checklist
Exhibit 180: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 181: Currency conversion rates for US$
13.4 Research methodology
Exhibit 182: Research methodology
Exhibit 183: Validation techniques employed for market sizing
Exhibit 184: Information sources
13.5 List of abbreviations
Exhibit 185: List of abbreviations