DUBLIN--(BUSINESS WIRE)--The "Workforce Management - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Workforce Management Market to Reach $10.8 Billion by 2027
Amid the COVID-19 crisis, the global market for Workforce Management estimated at US$5.9 Billion in the year 2020, is projected to reach a revised size of US$10.8 Billion by 2027, growing at a CAGR of 9.1% over the period 2020-2027.
Cloud, one of the segments analyzed in the report, is projected to record 10.3% CAGR and reach US$5.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-premises segment is readjusted to a revised 8% CAGR for the next 7-year period.
The U. S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 8.4% CAGR
The Workforce Management market in the U. S. is estimated at US$1.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- ADP LLC
- IBM Corporation
- Kronos, Inc.
- Oracle Corporation
- SAP SE
- Workday, Inc.
- WorkForce Software
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Workforce Management Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Workforce Management Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Current & Future Analysis for Workforce Management by Deployment - Cloud and On-premises - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
- Historic Review for Workforce Management by Deployment - Cloud and On-premises Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
- 15-Year Perspective for Workforce Management by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premises for the Years 2012, 2020 & 2027
- Current & Future Analysis for Workforce Management by Vertical - Government, Healthcare, Retail, Academia, Automotive & Manufacturing, BFSI and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
- Historic Review for Workforce Management by Vertical - Government, Healthcare, Retail, Academia, Automotive & Manufacturing, BFSI and Other Verticals Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
- 15-Year Perspective for Workforce Management by Vertical - Percentage Breakdown of Value Sales for Government, Healthcare, Retail, Academia, Automotive & Manufacturing, BFSI and Other Verticals for the Years 2012, 2020 & 2027
IV. COMPETITION
- Total Companies Profiled: 47
For more information about this report visit https://www.researchandmarkets.com/r/xt11ex
