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The Workforce Management Market size was valued at USD 9.0 Billion in 2023 and is expected to reach USD 24.7 Billion by 2032 and grow at a CAGR of 11.9% over the forecast period 2024-2032.
The workforce management market is experiencing significant growth due to several factors. A pivotal driver is the need for workforce optimization, ensuring businesses operate with the right staffing levels at the right times. Cloud-based WFM solutions further accelerate growth, offering increased flexibility and scalability compared to traditional systems. Regulatory compliance plays a vital role, with WFM tools simplifying adherence to complex labor laws. Moreover, a focus on employee engagement through features like self-service scheduling and communication tools boosts employee satisfaction and contributes to market expansion. The power of data and analytics in WFM systems provides businesses with insights for informed decision-making. Finally, the rise of remote and hybrid work models has made WFM even more essential for managing distributed workforces and ensuring productivity regardless of location.
WFM helps businesses streamline scheduling, time tracking, and task allocation. This leads to better efficiency, lower labor costs, and enhanced productivity. For Example, A retail chain uses WFM software to match staffing levels with predicted customer traffic, minimizing overstaffing and understaffing situations. Cloud-based WFM solutions are increasingly popular due to scalability, flexibility, easier access, and reduced IT overhead.
Market Dynamics
Drivers
Constant advancements in technology, such as AI, machine learning, and analytics, are driving the adoption of workforce management solutions to optimize operations and enhance productivity.
The shift towards remote work, accelerated by the COVID-19 pandemic, has led to a surge in demand for workforce management tools that enable effective remote collaboration, monitoring, and performance management.
Organizations are increasingly recognizing the importance of employee engagement and satisfaction for business success. Workforce management solutions that facilitate better communication, flexibility, and work-life balance can help improve employee morale and productivity.
Stringent labor laws and regulations pertaining to employee scheduling, overtime, and labor rights are driving the adoption of workforce management solutions to ensure compliance and mitigate legal risks.
Businesses are under pressure to optimize costs and improve operational efficiency. Workforce management solutions that automate manual processes, optimize staffing levels, and reduce labor costs are therefore in high demand.
Restraint
Resistance from employees and management to adopt new technologies and change existing processes can hinder the implementation of workforce management solutions.
Collecting and storing sensitive employee data raises concerns about data privacy and security. Compliance with data protection regulations such as GDPR and CCPA adds complexity and cost to workforce management implementations.
The initial cost of implementing workforce management solutions, including software licenses, hardware, and consulting services, can be significant. Ongoing maintenance and support costs further add to the total cost of ownership.
Opportunities
The growing gig economy presents opportunities for workforce management vendors to develop solutions tailored to the needs of gig workers and the organizations that employ them.
Increasing adoption of workforce management solutions in emerging markets presents significant growth opportunities for vendors, especially as these markets undergo digital transformation.
Advancements in predictive analytics and AI present opportunities to develop more advanced workforce management solutions that can forecast demand, optimize scheduling, and improve decision-making.
Challenges
The shortage of skilled professionals with expertise in workforce management technologies, such as data analytics and AI, can pose a challenge for organizations looking to implement and manage these solutions effectively.
Integrating workforce management systems with existing HR, payroll, and other enterprise systems can be complex and time-consuming, leading to implementation challenges and delays.
Impact of Russia-Ukraine War:
The war has exacerbated existing supply chain issues, impacting the delivery of WFM software and hardware. This can delay deployments and upgrades for businesses. The war has contributed to global economic instability, leading businesses to tighten budgets and potentially delay investments in new WFM solutions. The war has displaced millions of Ukrainians, including skilled IT professionals who might have contributed to the WFM talent pool in global business service centers.
As the war continues, businesses may become more reliant on remote workforces, potentially boosting demand for WFM solutions that excel at managing geographically dispersed teams. The war's impact on various industries may necessitate WFM tools that allow for agile scheduling and workforce adjustments to address fluctuating demands. The war has heightened global anxieties, and WFM solutions with features that promote employee well-being and mental health support could see increased demand.
Market segmentation
By Solution
Workforce Scheduling
Absence Management
Embedded Analytics
Others
By Solution, the time & attendance management segment held the highest revenue share of 36.1% in 2023. Time & Attendance (T&A) is a core function for most businesses, ensuring accurate employee work-hour tracking for payroll, billing, and compliance purposes. Labor laws mandate accurate record-keeping of employee hours, making T&A systems a necessity for businesses of all sizes. T&A solutions are a relatively mature technology with a wide range of offerings, from basic punch card systems to biometric time clocks and cloud-based software that integrates seamlessly with payroll and HR systems.
UKG (Ultimate Kronos Group)- A major player offering cloud-based workforce management solutions, including time & attendance tracking, scheduling, and HR analytics.
ADP (Automatic Data Processing)- A global provider of payroll and HR services, including time & attendance solutions for businesses of all sizes.
Ceridian HCM- Another leading provider of cloud-based human capital management (HCM) solutions, including time & attendance, payroll, and talent management.
By Deployment
Cloud
On-premise
By Company Size
Large Enterprises
Small and Medium Enterprises (SMEs)
The large enterprises segment dominated the company size segment of the workforce management market with the largest revenue share of 65.2% in 2023. Large organizations often have diverse workforces spread across multiple locations, departments, and teams. They require robust WFM solutions for efficient scheduling, time tracking, compliance, and workforce optimization. Large companies typically have larger budgets for technology investments compared to smaller businesses. They can afford comprehensive WFM software with advanced features. WFM solutions for large enterprises need to be scalable to accommodate a growing workforce and changing business needs.
Examples of Large Enterprises Utilizing WFM Solution
Walmart- A global retail giant, Walmart leverages WFM solutions to manage its vast workforce across thousands of stores, optimizing scheduling for peak customer traffic periods.
Boeing- The leading aerospace manufacturer, Boeing, likely utilizes WFM software to manage its complex workforce of engineers, production personnel, and administrative staff across various locations.
By Application
Healthcare
Automotive & Manufacturing
BFSI
Government
Academia
Retail
Others
Regional Analysis
Europe led the workforce management market with the highest revenue share of more than 32% in 2023. European nations have stricter labor laws regarding working hours, breaks, and vacation time compared to some other regions. This necessitates sophisticated WFM solutions for businesses to ensure compliance. Work-life balance is a cultural priority in many European countries. WFM solutions with features like flexible scheduling and self-service tools for employees are in high demand. The European WFM market has been growing steadily for years, fostering a robust ecosystem of WFM solution providers and experienced users.
Examples of Leading European WFM Solution Providers
Workforce Management Software by Datev- A German company specializing in HR and payroll software, including WFM solutions tailored for European regulations and needs.
TeamViewer- A German software company known for remote desktop solutions, also offers workforce management features for scheduling, time tracking, and team communication.
Asia Pacific is estimated to grow at the highest CAGR during the forecast period of 2024-2031. The economies of many Asian countries are experiencing significant growth, leading to expanding workforces and increasing demand for efficient WFM solutions. Technological advancements are fueling WFM adoption across Asia. Businesses are recognizing the benefits of cloud-based solutions and mobile apps for workforce management. Several Asian countries are introducing stricter labor regulations, necessitating WFM tools to ensure compliance. The vast and diverse workforce in Asia Pacific necessitates robust WFM solutions for effective scheduling, communication, and talent management.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of the Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
KEY PLAYERS:
The Major Players are Oracle Corporation, UKG Inc., Workday, inc., ADP LLC., SAP SE, WorkForce Software LLC, NICE, ActiveOps PLC, Infor, Ceridian HCM, Inc., IBM, EG Solutions, Blue Yonder Group, Inc., Reflexis Systems, Inc., Replicon, SISQUAL Workforce Management Lda & Other Players
Recent Developments:
In September 2023, Oracle introduced new workforce management capabilities within Oracle Fusion Cloud Human Capital Management (HCM) to assist healthcare organizations in adapting to changing labor markets, meeting volatile customer demand, and improving worker recruitment and retention.
In August 2021, VNDLY became the first VMS with a certified connector for Workday Human Capital Management. The workforce connector offers a user-friendly application programming interface (API) integration that provides visibility across both full-time and extended workforces.
In September 2022, Replicon launched the world's first Knowledge Workforce Management Solution, utilizing AI-powered ZeroTime™ technology. This innovative solution is designed to streamline people, projects, skills, and time on a single platform, enhancing employee experience, productivity, and overall profitability. Replicon's Knowledge Workforce Management Solution ensures real-time data accuracy and quality using AI and ML technologies.
In August 2021, ActiveOps PLC, a management process automation company, announced a significant update to its enterprise EPM solution, WorkiQ. The latest enhancement, Collector, introduces automated data collection capabilities that allow organizations to track specific task outcomes, enabling them to measure completed work effectively.
| Report Attributes | Details |
| Market Size in 2023 | USD 9.0 Bn |
| Market Size by 2032 | USD 24.7 Bn |
| CAGR | CAGR of 11.9% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Solution (Time & Attendance Management, Workforce Scheduling, Absence Management, Embedded Analytics, and Others) • By Deployment (Cloud and On-premise) • By Company Size (Large Enterprises and Small and Medium Enterprises (SMEs)) • By Application (Healthcare, Automotive & Manufacturing, BFSI, Government, Academia, Retail, and Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Oracle Corporation, UKG Inc., Workday, inc., ADP LLC., SAP SE, WorkForce Software LLC, NICE, ActiveOps PLC, Infor, Ceridian HCM, Inc., IBM, EG Solutions, Blue Yonder Group, Inc., Reflexis Systems, Inc., Replicon, SISQUAL Workforce Management Lda. |
| Key Drivers | • Constant advancements in technology, such as AI, machine learning, and analytics, are driving the adoption of workforce management solutions to optimize operations and enhance productivity. • The shift towards remote work, accelerated by the COVID-19 pandemic, has led to a surge in demand for workforce management tools that enable effective remote collaboration, monitoring, and performance management. |
| Challenges |
• The shortage of skilled professionals with expertise in workforce management technologies, such as data analytics and AI, can pose a challenge for organizations looking to implement and manage these solutions effectively. |
Ans: The Workforce Management Market was valued at USD 9.0 billion in 2023.
Ans: The expected CAGR of the global Workforce Management Market during the forecast period is 11.9%.
Ans: Factors propelling the growth of the Workforce Management Market include the need for workforce optimization, cloud deployment, regulatory compliance, focus on employee engagement, data analytics, and the rise of remote work.
Ans: Factors that hamper the growth of the Workforce Management Market include implementation costs, concerns about data security and privacy, limited adoption by small and medium-sized businesses, and a lack of awareness and understanding of WFM benefits.
Ans: The Germany led the Workforce Management Market in Europe region with highest revenue share in 2023.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Workforce Management Market Segmentation, By Solution
9.1 Introduction
9.2 Trend Analysis
9.3 Time & Attendance Management
9.4 Workforce Scheduling
9.5 Absence Management
9.6 Embedded Analytics
9.7 Others
10. Workforce Management Market Segmentation, By Deployment
10.1 Introduction
10.2 Trend Analysis
10.3 Cloud
10.4 On-premise
11. Workforce Management Market Segmentation, By Company Size
11.1 Introduction
11.2 Trend Analysis
11.3 Large Enterprises
11.4 Small and Medium Enterprises (SMEs)
12. Workforce Management Market Segmentation, By Application
12.1 Introduction
12.2 Trend Analysis
12.3 Healthcare
12.4 Automotive & Manufacturing
12.5 BFSI
12.6 Government
12.7 Academia
12.8 Retail
12.9 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 Trend Analysis
13.2.2 North America Workforce Management Market by Country
13.2.3 North America Workforce Management Market By Solution
13.2.4 North America Workforce Management Market By Deployment
13.2.5 North America Workforce Management Market By Company Size
13.2.6 North America Workforce Management Market By Application
13.2.7 USA
13.2.7.1 USA Workforce Management Market By Solution
13.2.7.2 USA Workforce Management Market By Deployment
13.2.7.3 USA Workforce Management Market By Company Size
13.2.7.4 USA Workforce Management Market By Application
13.2.8 Canada
13.2.8.1 Canada Workforce Management Market By Solution
13.2.8.2 Canada Workforce Management Market By Deployment
13.2.8.3 Canada Workforce Management Market By Company Size
13.2.8.4 Canada Workforce Management Market By Application
13.2.9 Mexico
13.2.9.1 Mexico Workforce Management Market By Solution
13.2.9.2 Mexico Workforce Management Market By Deployment
13.2.9.3 Mexico Workforce Management Market By Company Size
13.2.9.4 Mexico Workforce Management Market By Application
13.3 Europe
13.3.1 Trend Analysis
13.3.2 Eastern Europe
13.3.2.1 Eastern Europe Workforce Management Market by Country
13.3.2.2 Eastern Europe Workforce Management Market By Solution
13.3.2.3 Eastern Europe Workforce Management Market By Deployment
13.3.2.4 Eastern Europe Workforce Management Market By Company Size
13.3.2.5 Eastern Europe Workforce Management Market By Application
13.3.2.6 Poland
13.3.2.6.1 Poland Workforce Management Market By Solution
13.3.2.6.2 Poland Workforce Management Market By Deployment
13.3.2.6.3 Poland Workforce Management Market By Company Size
13.3.2.6.4 Poland Workforce Management Market By Application
13.3.2.7 Romania
13.3.2.7.1 Romania Workforce Management Market By Solution
13.3.2.7.2 Romania Workforce Management Market By Deployment
13.3.2.7.3 Romania Workforce Management Market By Company Size
13.3.2.7.4 Romania Workforce Management Market By Application
13.3.2.8 Hungary
13.3.2.8.1 Hungary Workforce Management Market By Solution
13.3.2.8.2 Hungary Workforce Management Market By Deployment
13.3.2.8.3 Hungary Workforce Management Market By Company Size
13.3.2.8.4 Hungary Workforce Management Market By Application
13.3.2.9 Turkey
13.3.2.9.1 Turkey Workforce Management Market By Solution
13.3.2.9.2 Turkey Workforce Management Market By Deployment
13.3.2.9.3 Turkey Workforce Management Market By Company Size
13.3.2.9.4 Turkey Workforce Management Market By Application
13.3.2.10 Rest of Eastern Europe
13.3.2.10.1 Rest of Eastern Europe Workforce Management Market By Solution
13.3.2.10.2 Rest of Eastern Europe Workforce Management Market By Deployment
13.3.2.10.3 Rest of Eastern Europe Workforce Management Market By Company Size
13.3.2.10.4 Rest of Eastern Europe Workforce Management Market By Application
13.3.3 Western Europe
13.3.3.1 Western Europe Workforce Management Market by Country
13.3.3.2 Western Europe Workforce Management Market By Solution
13.3.3.3 Western Europe Workforce Management Market By Deployment
13.3.3.4 Western Europe Workforce Management Market By Company Size
13.3.3.5 Western Europe Workforce Management Market By Application
13.3.3.6 Germany
13.3.3.6.1 Germany Workforce Management Market By Solution
13.3.3.6.2 Germany Workforce Management Market By Deployment
13.3.3.6.3 Germany Workforce Management Market By Company Size
13.3.3.6.4 Germany Workforce Management Market By Application
13.3.3.7 France
13.3.3.7.1 France Workforce Management Market By Solution
13.3.3.7.2 France Workforce Management Market By Deployment
13.3.3.7.3 France Workforce Management Market By Company Size
13.3.3.7.4 France Workforce Management Market By Application
13.3.3.8 UK
13.3.3.8.1 UK Workforce Management Market By Solution
13.3.3.8.2 UK Workforce Management Market By Deployment
13.3.3.8.3 UK Workforce Management Market By Company Size
13.3.3.8.4 UK Workforce Management Market By Application
13.3.3.9 Italy
13.3.3.9.1 Italy Workforce Management Market By Solution
13.3.3.9.2 Italy Workforce Management Market By Deployment
13.3.3.9.3 Italy Workforce Management Market By Company Size
13.3.3.9.4 Italy Workforce Management Market By Application
13.3.3.10 Spain
13.3.3.10.1 Spain Workforce Management Market By Solution
13.3.3.10.2 Spain Workforce Management Market By Deployment
13.3.3.10.3 Spain Workforce Management Market By Company Size
13.3.3.10.4 Spain Workforce Management Market By Application
13.3.3.11 Netherlands
13.3.3.11.1 Netherlands Workforce Management Market By Solution
13.3.3.11.2 Netherlands Workforce Management Market By Deployment
13.3.3.11.3 Netherlands Workforce Management Market By Company Size
13.3.3.11.4 Netherlands Workforce Management Market By Application
13.3.3.12 Switzerland
13.3.3.12.1 Switzerland Workforce Management Market By Solution
13.3.3.12.2 Switzerland Workforce Management Market By Deployment
13.3.3.12.3 Switzerland Workforce Management Market By Company Size
13.3.3.12.4 Switzerland Workforce Management Market By Application
13.3.3.13 Austria
13.3.3.13.1 Austria Workforce Management Market By Solution
13.3.3.13.2 Austria Workforce Management Market By Deployment
13.3.3.13.3 Austria Workforce Management Market By Company Size
13.3.3.13.4 Austria Workforce Management Market By Application
13.3.3.14 Rest of Western Europe
13.3.3.14.1 Rest of Western Europe Workforce Management Market By Solution
13.3.3.14.2 Rest of Western Europe Workforce Management Market By Deployment
13.3.3.14.3 Rest of Western Europe Workforce Management Market By Company Size
13.3.3.14.4 Rest of Western Europe Workforce Management Market By Application
13.4 Asia-Pacific
13.4.1 Trend Analysis
13.4.2 Asia-Pacific Workforce Management Market by Country
13.4.3 Asia-Pacific Workforce Management Market By Solution
13.4.4 Asia-Pacific Workforce Management Market By Deployment
13.4.5 Asia-Pacific Workforce Management Market By Company Size
13.4.6 Asia-Pacific Workforce Management Market By Application
13.4.7 China
13.4.7.1 China Workforce Management Market By Solution
13.4.7.2 China Workforce Management Market By Deployment
13.4.7.3 China Workforce Management Market By Company Size
13.4.7.4 China Workforce Management Market By Application
13.4.8 India
13.4.8.1 India Workforce Management Market By Solution
13.4.8.2 India Workforce Management Market By Deployment
13.4.8.3 India Workforce Management Market By Company Size
13.4.8.4 India Workforce Management Market By Application
13.4.9 Japan
13.4.9.1 Japan Workforce Management Market By Solution
13.4.9.2 Japan Workforce Management Market By Deployment
13.4.9.3 Japan Workforce Management Market By Company Size
13.4.9.4 Japan Workforce Management Market By Application
13.4.10 South Korea
13.4.10.1 South Korea Workforce Management Market By Solution
13.4.10.2 South Korea Workforce Management Market By Deployment
13.4.10.3 South Korea Workforce Management Market By Company Size
13.4.10.4 South Korea Workforce Management Market By Application
13.4.11 Vietnam
13.4.11.1 Vietnam Workforce Management Market By Solution
13.4.11.2 Vietnam Workforce Management Market By Deployment
13.4.11.3 Vietnam Workforce Management Market By Company Size
13.4.11.4 Vietnam Workforce Management Market By Application
13.4.12 Singapore
13.4.12.1 Singapore Workforce Management Market By Solution
13.4.12.2 Singapore Workforce Management Market By Deployment
13.4.12.3 Singapore Workforce Management Market By Company Size
13.4.12.4 Singapore Workforce Management Market By Application
13.4.13 Australia
13.4.13.1 Australia Workforce Management Market By Solution
13.4.13.2 Australia Workforce Management Market By Deployment
13.4.13.3 Australia Workforce Management Market By Company Size
13.4.13.4 Australia Workforce Management Market By Application
13.4.14 Rest of Asia-Pacific
13.4.14.1 Rest of Asia-Pacific Workforce Management Market By Solution
13.4.14.2 Rest of Asia-Pacific Workforce Management Market By Deployment
13.4.14.3 Rest of Asia-Pacific Workforce Management Market By Company Size
13.4.14.4 Rest of Asia-Pacific Workforce Management Market By Application
13.5 Middle East & Africa
13.5.1 Trend Analysis
13.5.2 Middle East
13.5.2.1 Middle East Workforce Management Market by Country
13.5.2.2 Middle East Workforce Management Market By Solution
13.5.2.3 Middle East Workforce Management Market By Deployment
13.5.2.4 Middle East Workforce Management Market By Company Size
13.5.2.5 Middle East Workforce Management Market By Application
13.5.2.6 UAE
13.5.2.6.1 UAE Workforce Management Market By Solution
13.5.2.6.2 UAE Workforce Management Market By Deployment
13.5.2.6.3 UAE Workforce Management Market By Company Size
13.5.2.6.4 UAE Workforce Management Market By Application
13.5.2.7 Egypt
13.5.2.7.1 Egypt Workforce Management Market By Solution
13.5.2.7.2 Egypt Workforce Management Market By Deployment
13.5.2.7.3 Egypt Workforce Management Market By Company Size
13.5.2.7.4 Egypt Workforce Management Market By Application
13.5.2.8 Saudi Arabia
13.5.2.8.1 Saudi Arabia Workforce Management Market By Solution
13.5.2.8.2 Saudi Arabia Workforce Management Market By Deployment
13.5.2.8.3 Saudi Arabia Workforce Management Market By Company Size
13.5.2.8.4 Saudi Arabia Workforce Management Market By Application
13.5.2.9 Qatar
13.5.2.9.1 Qatar Workforce Management Market By Solution
13.5.2.9.2 Qatar Workforce Management Market By Deployment
13.5.2.9.3 Qatar Workforce Management Market By Company Size
13.5.2.9.4 Qatar Workforce Management Market By Application
13.5.2.10 Rest of Middle East
13.5.2.10.1 Rest of Middle East Workforce Management Market By Solution
13.5.2.10.2 Rest of Middle East Workforce Management Market By Deployment
13.5.2.10.3 Rest of Middle East Workforce Management Market By Company Size
13.5.2.10.4 Rest of Middle East Workforce Management Market By Application
13.5.3 Africa
13.5.3.1 Africa Workforce Management Market by Country
13.5.3.2 Africa Workforce Management Market By Solution
13.5.3.3 Africa Workforce Management Market By Deployment
13.5.3.4 Africa Workforce Management Market By Company Size
13.5.3.5 Africa Workforce Management Market By Application
13.5.3.6 Nigeria
13.5.3.6.1 Nigeria Workforce Management Market By Solution
13.5.3.6.2 Nigeria Workforce Management Market By Deployment
13.5.3.6.3 Nigeria Workforce Management Market By Company Size
13.5.3.6.4 Nigeria Workforce Management Market By Application
13.5.3.7 South Africa
13.5.3.7.1 South Africa Workforce Management Market By Solution
13.5.3.7.2 South Africa Workforce Management Market By Deployment
13.5.3.7.3 South Africa Workforce Management Market By Company Size
13.5.3.7.4 South Africa Workforce Management Market By Application
13.5.3.8 Rest of Africa
13.5.3.8.1 Rest of Africa Workforce Management Market By Solution
13.5.3.8.2 Rest of Africa Workforce Management Market By Deployment
13.5.3.8.3 Rest of Africa Workforce Management Market By Company Size
13.5.3.8.4 Rest of Africa Workforce Management Market By Application
13.6 Latin America
13.6.1 Trend Analysis
13.6.2 Latin America Workforce Management Market by Country
13.6.3 Latin America Workforce Management Market By Solution
13.6.4 Latin America Workforce Management Market By Deployment
13.6.5 Latin America Workforce Management Market By Company Size
13.6.6 Latin America Workforce Management Market By Application
13.6.7 Brazil
13.6.7.1 Brazil Workforce Management Market By Solution
13.6.7.2 Brazil Workforce Management Market By Deployment
13.6.7.3 Brazil Workforce Management Market By Company Size
13.6.7.4 Brazil Workforce Management Market By Application
13.6.8 Argentina
13.6.8.1 Argentina Workforce Management Market By Solution
13.6.8.2 Argentina Workforce Management Market By Deployment
13.6.8.3 Argentina Workforce Management Market By Company Size
13.6.8.4 Argentina Workforce Management Market By Application
13.6.9 Colombia
13.6.9.1 Colombia Workforce Management Market By Solution
13.6.9.2 Colombia Workforce Management Market By Deployment
13.6.9.3 Colombia Workforce Management Market By Company Size
13.6.9.4 Colombia Workforce Management Market By Application
13.6.10 Rest of Latin America
13.6.10.1 Rest of Latin America Workforce Management Market By Solution
13.6.10.2 Rest of Latin America Workforce Management Market By Deployment
13.6.10.3 Rest of Latin America Workforce Management Market By Company Size
13.6.10.4 Rest of Latin America Workforce Management Market By Application
14. Company Profiles
14.1 Oracle Corporation
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 UKG Inc.
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 Workday, Inc.
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 ADP LLC.
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 SAP SE
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 WorkForce Software LLC.
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 NICE
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 ActiveOps PLC.
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Infor
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Ceridian HCM, Inc.
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
14.11 IBM
14.11.1 Company Overview
14.11.2 Financial
14.11.3 Products/ Services Offered
14.11.4 SWOT Analysis
14.11.5 The SNS View
14.12 EG Solutions
14.12.1 Company Overview
14.12.2 Financial
14.12.3 Products/ Services Offered
14.12.4 SWOT Analysis
14.12.5 The SNS View
14.13 Blue Yonder Group, Inc.
14.13.1 Company Overview
14.13.2 Financial
14.13.3 Products/ Services Offered
14.13.4 SWOT Analysis
14.13.5 The SNS View
14.14 Reflexis Systems, Inc.
14.14.1 Company Overview
14.14.2 Financial
14.14.3 Products/ Services Offered
14.14.4 SWOT Analysis
14.14.5 The SNS View
14.15 Replicon
14.15.1 Company Overview
14.15.2 Financial
14.15.3 Products/ Services Offered
14.15.4 SWOT Analysis
14.15.5 The SNS View
14.16 SISQUAL Workforce Management Lda
14.16.1 Company Overview
14.16.2 Financial
14.16.3 Products/ Services Offered
14.16.4 SWOT Analysis
14.16.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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