Market Research Report
Workforce Analytics - Global Market Outlook (2020-2028)
|Published by||Stratistics Market Research Consulting||Product code||1004535|
|Published||Content info||150+ Pages
Delivery time: 2-3 business days
|Workforce Analytics - Global Market Outlook (2020-2028)|
|Published: April 1, 2021||Content info: 150+ Pages||
According to Stratistics MRC, the Global Workforce Analytics Market is accounted for $860.40 million in 2020 and is expected to reach $3,083.78 million by 2028 growing at a CAGR of 17.3% during the forecast period. The rise in demand for cloud-based solutions and changing work dynamics are the factors driving the market growth. However, the lack of awareness is hampering the growth of the market.
Workforce analytics is a statistical tool for analytics that strengthen workforce and other employee-related behavioral analyses. It is an integration of big data analytics with other statistical methods to maintain and measure operational and human resource management.
Based on the component type, the solutions segment is going to have lucrative growth during the forecast period due to rising integration between legacy systems with coming out of new technologies such as cognitive computing, internet of things (IoT) and many more in various sectors worldwide. By geography, North America is going to have high growth during the forecast period due to the presence of a large number of analytics vendors.
Some of the key players profiled in the Workforce Analytics Market include Accenture Plc, Automatic Data Processing, Inc, Capgemini , Cisco Systems Inc., Cornerstone OnDemand, IBM Corporation, Kronos Inc., Oracle Corporation , Peoplestreme Pty Ltd ( Ascender), SAP SE, SumTotal Systems, LLC, Tableau Software, Visier, Inc, Workday, Inc, and Workforce Software.
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NOTE: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner above.