Global workforce management market will reach $8,588.6 million by 2026, growing by 8.94% annually over 2020-2026 owing to rising demand for workforce analytics, aims of improving operation efficiencies and reducing labor cost, and evolving digital technologies such as cloud, 5G, big data, mobile platforms, and advanced analytics tools.
Highlighted with 86 tables and 90 figures, this 171-page report “Global Workforce Management (WFM) Market 2020-2026 by Component, Operating System, Deployment Mode, Industry Vertical, Organization Size, and Region: COVID-19 Impact and Growth Opportunity” is based on a holistic research of the entire global workforce management market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2016-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces


The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global workforce management market in every aspect of the classification from perspectives of Component, Operating System, Deployment Mode, Industry Vertical, Organization Size, and Region.

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section.
Software & Solutions

  • Leave and Absence Management
  • Workforce Scheduling
  • Budgeting and Forecasting
  • Workforce Analytics
  • Performance Management
  • Other Applications


Services

  • Training and Education
  • Implementation Services
  • Support and Maintenance



Based on Operating System, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section.

  • iOS Based WFM
  • Android Based WFM
  • Windows Based WFM
  • Other Operating Systems Based WFM



Based on Deployment Mode, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section.

  • On-premise WFM
  • Cloud Based WFM
  • Hybrid WFM



Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section.

  • IT & Telecom
  • BFSI
  • Retail & E-Commerce
  • Healthcare
  • Manufacturing
  • Education
  • Government
  • Other Verticals



Based on Organization Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2016-2026 included in each section.

  • Large Enterprises
  • SMEs



Geographically, the following regions together with the listed national/local markets are fully investigated:

  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
  • North America (U.S., Canada, and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Saudi Arabia, UAE, South Africa)


For each region and key country, detailed analysis and data for annual revenue ($ mn) are available for 2016-2026. The breakdown of all regional markets by country and split of key national markets by Component, Deployment Mode, and Industry Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global workforce management market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
ADP, LLC.
Calabrio, Inc
INFOR
International Business Machines Corporation (IBM)
Kronos Incorporated
Oracle Corporation
SAP SE
SumTotal Systems, LLC.
Verint Systems Inc.
Workday, Inc.
WorkForce Software, LLC.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)