Workforce Management Market PPT: Demand, Trends and Business Opportunities 2023-28 - PowerPoint PPT Presentation

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Workforce Management Market PPT: Demand, Trends and Business Opportunities 2023-28

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According to the latest research report by IMARC Group, The global workforce management market size reached US$ 5.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.8 Billion by 2028, exhibiting a growth rate (CAGR) of 10.5% during 2023-2028. More Info:- – PowerPoint PPT presentation

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Title: Workforce Management Market PPT: Demand, Trends and Business Opportunities 2023-28


1
Global Workforce Management Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
2
About IMARC Group
Report Description
The International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all sectors
and regions to identify their highest-value
opportunities, address their most critical
challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Workforce Management Market Research
Report The latest report by IMARC, titled
Workforce Management Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 " the global workforce
management market reached a value of US 5.5
Billion in 2022. Workforce management (WFM)
refers to an integrated set of processes that are
employed by an organization to monitor and
centralize the data for human resource
utilization. It is also used to strategically
optimize the productivity of the employees by
tracking the work efficiency of front-line
supervisors, corporate management, managers and
workers on a regular basis. It comprises a
collection of performance-based software and
tools that are widely used for scheduling,
forecasting, skills management, intraday
management, timekeeping and attendance, and
employee empowerment. WFM also assists in
forecasting the labor requirements and drawing
staff schedules for a particular task. As a
result, it is widely being utilized across
numerous industry verticals, including retail,
information technology (IT), medical, defense and
government, for enhancing the overall workforce
efficiency. Request Free Sample Report
https//www.imarcgroup.com/workforce-management-ma
rket/requestsample
4
Report Description and Highlights
Report Description

Global Workforce Management Market Trends The
market is primarily driven by the widespread
adoption of the remote working model across the
corporate sector. This is being facilitated by
the increasing adoption of cloud-based solutions
in the majority of organizations on the global
level. This has impelled companies to utilize WFM
solutions for attendance and leave management,
along with labor scheduling and budgeting, and
workforce analytics. WFM also assists enterprises
by streamlining their tasks, ensuring proper
management of time and avoiding the chances of
task duplication. Along with this, the escalating
need for social distancing on the global level on
account of the rapid outbreak of the coronavirus
disease (COVID-19) has increased the number of
remote workers across organizations, thereby
providing a thrust to the market growth. The
market is further driven by the increasing
penetration of smartphones and the rise in the
Bring-Your-Own-Devices (BYOD) trend across
numerous industries. This has significantly
increased the deployment of WFM for tracking the
progress of tasks assigned to the employees. Some
of the other factors contributing to the market
growth include the increasing automation across
various industries and the significant
developments in the IT sector. On account of the
aforementioned factors, the market is anticipated
to grow at a CAGR of 10.5 during
2023-2028. Looking forward, the market value is
projected to reach a strong growth during the
forecast period (2023-2028).
5
Report Description and Highlights
Report Description
Market Summary Breakup by Solution Ab
sence Management Performance Management
Workforce Scheduling Time and
Attendance Management Workforce Analytic
s Others Breakup by Service
Implementation Services Support and Main
tenance Services Training and Education
Services Breakup by Deployment Type Cl
oud-based On-premises Breakup by Organi
zation Size

6
Report Description and Highlights
Report Description
Small and Medium-sized Enterprises
(SMEs) Large Enterprises Breakup by Ver
tical Government and Defense
Banking, Financial Services, and Insurance (BFSI)
Healthcare Transportation and
Logistics Telecom and IT Consu
mer Goods and Retail Manufacturing
Energy and Utilities Others Breaku
p by Region North America
United States Canada
Asia Pacific China

7
Report Description and Highlights
Report Description
Japan India
South Korea Aust
ralia Indonesia
Others Europe German
y France Unite
d Kingdom Italy
Spain Russia
Others Latin America
Brazil Mexico
Others Middle East and Africa

8
Report Description and Highlights
Report Description
  • Competitive Landscape with Key Players
  • ADP Atoss Software AG HotSchedules Inc. Huntington
    Business Systems IBM Kronos Inc. Oracle Corporati
    on Reflexis Systems SAP SE Ultimate Software Group
    Inc. Verint Systems Workday Inc. and WorkForce So
    ftware LLC
  • View Full Report with TOC List of Figure
    https//www.imarcgroup.com/workforce-management-ma
    rket

9
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
10
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
11
Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
12

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