The global workforce management market size was USD 6.66 Billion in 2021 and is expected to register a revenue CAGR of 9.7% during the forecast period. Workforce management software offers provision of optimized schedule to prevent excessive overtime. In addition, industries employing combination of full-time employees, freelancers, and contract workers across multiple shifts and locations require accurate and efficient payroll management, which is another factor driving demand for workforce management solutions.

Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.    

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The key companies studied in the report are:

Oracle, UKG Inc., SAP, Workforce Software, LLC., Workday, Inc., ADP, Inc., Ceridian HCM, Inc., ATOSS Software AG, Paylocity, and Visier, Inc.

The Global Workforce Management Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2022-2030. The report studies the historical data of the Workforce Management market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Workforce Management industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Workforce Management market.

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The report addresses the following key points:

• The report estimates the expected market size from 2022-2030
• The report provides a forecast of market drivers, restraints, and future opportunities for the Workforce Management market
• The report further analyses the changing market dynamics
• Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

Emergen Research has segmented the global workforce management market based on component, deployment, organization size, application, end-use, and region:

• Component Outlook (Revenue, USD Billion; 2019-2030)

  • Services
  • Software

• Deployment Outlook (Revenue, USD Billion; 2019-2030)

  • On-premise
  • Cloud

• Organization Size Outlook (Revenue, USD Billion; 2019-2030)

  • Large Enterprises
  • Small and Medium Enterprises

• Application Outlook (Revenue, USD Billion; 2019-2030)

  • Workforce Scheduling
  • Workforce Analytics
  • Time and attendance management
  • Others

• End-use Outlook (Revenue, USD Billion; 2019-2030)

  • Banking, Financial Services and Insurance (BFSI)
  • Retail
  • Government
  • Education
  • Telecom and IT
  • Manufacturing
  • Others

On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.

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