Workforce Analytics Market 2019-2023: Key Findings, Regional Study, Emerging Audience, Business Trends, Top Key Players Profiles and Future Prospects

Workforce Analytics Market 2019-2023: Key Findings, Regional Study, Emerging Audience, Business Trends, Top Key Players Profiles and Future Prospects

“Workforce Analytics Market”
Global Workforce Analytics Market, By Type (Solutions, Services), By Deployment (On Premise, on cloud) By Organization Size (Large, SME’s) and By Industry (Banking, Insurance Government) and is expected to reach approximately USD 1026 Million by the end of 2023 with 13 % CAGR during the forecasted period from 2017 – 2023

Workforce Analytics Market Scenario:

The global workforce analytics market is showing immense growth; mainly due to the changing work dynamics and increasing need to make better decisions regarding talent. Growing need for developing and improving the methods of recruiting in organizations in order to efficiently optimize the human resource management is one major factor driving the growth of workforce analytics market. The dynamic change in the working culture and growing need for analytics software are other major factors driving the growth of workforce analytics market.

Workforce Analytics Marketsolutions is expected to hold the largest market share of the global market. This is owing to the increasing workforce challenges faced by the enterprises with each passing day. Increasing demand for consulting services is another major factor responsible for driving the growth of workforce analytics market. According to a recent study report published by Market Research Future, the global market of Workforce Analytics is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023).

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Major Key Players:

The key players in the global workforce analytics market include ADP LLC (USA), Aquire, Inc (USA), Cornerstone OnDemand Inc (USA), Genpact Ltd (Bermuda), IBM Corporation (USA), Kronos Inc (USA), Oracle Corporation (USA), PeopleSreme Pty. Ltd (Australia), SAP SE (Germany), Tableau Software (USA), Tower Watson & Co (USA), Visier Inc (Canada), Workday Inc (USA), and WorkForce Software, LLC (USA).   

Regional Study:

The regional segmentation of the global workforce analytics market segments the market into continent-based regional markets known as North America, Europe, Asia-Pacific, and the rest of the world (RoW). North America is leading regional market due to the increase in the early adoption of cloud-based workforce analytics, American and Canadian companies shifting towards software as a service (SaaS) in cloud-based workforce analytics, and the presence of various key market players in this region. The major country-specific markets in this region are the United States of America (USA), Canada, and Mexico.

Europe is the second largest market, and the Asia Pacific is the third largest market. In these regions, the reasons for market growth include the awareness of benefits, the presence of diversified international organizations as well as domestic organizations, along with the new entrants form a competitive landscape. The growing information technology (IT) industry is another reason for the market growth in the Asia Pacific. In Europe, the primary country-specific markets are France, Germany, Italy, and the United Kingdom (UK), followed by the remaining countries of Europe. In the Asia Pacific, the important country-specific markets are China, India, Japan, and South Korea, followed by the remaining countries of the Asia Pacific region.

Latest Industry News:

  • Customer engagement and analytics software provider Calabrio is releasing an updated version of Calabrio ONE. The new version has customer-driven capabilities to manage large-scale, dynamic enterprise environments. 30 OCT 2018
  • Kronos has introduced an enhanced Workforce Dimensions HCM. The new package includes artificial intelligence (AI) engine, embedded analytics, responsive design, and the extension of the D5 platform’s capabilities across the employee lifecycle. 16 OCT 2018

Intended Audience:

  • Storage providers
  • Network providers
  • Banking Institutions
  • Insurance providers
  • Higher management
  • Research firms
  • Software investors
  • Software Developers
  • Software Testers
  • Analytics solutions providers
  • IT enablers
  • Database solutions
  • Cloud providers
  • Insurance companies
  • Banks
  • Telecommunication companies

Table of Contents

1    Market Introduction

1.1    Introduction   

1.2    Scope of Study

1.2.1    Research objective

1.2.2    Assumptions

1.2.3    Limitations

1.3    Market Structure

2    Research Methodology

2.1    Research Workforce Analytics

2.2    Primary Research

2.3    Secondary Research

2.4    Forecast Model

2.4.1    Market Data Collection, Analysis & Forecast

2.4.2    Market Size Estimation

Continued…

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List of Tables

Table 1 Workforce Analytics Market, By Type

Table 2 Workforce Analytics Market, By Deployment

Table 3 Workforce Analytics Market, By Organization Size

Continued…

List of Figures

Figure 1 Research Type

Figure 2 Workforce Analytics Market, By Type (%)

Figure 3 Workforce Analytics Market, By Deployment (%)

Continued…

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