Global Workforce Analytics Market Size, Status and Forecast 2025
This report studies the global Workforce Analytics market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Workforce Analytics market by companies, region, type and end-use industry.
Workforce analytics is a combination of software and methodology that applies statistical models to worker-related data, allowing enterprise leaders to optimize human resource management (HRM).
The workforce analytics solutions are expected to dominate the market from 2016 to 2022 with the largest market share, due to growing workforce challenges faced by the organizations worldwide. Among the services, due to the changing work dynamics and variations in global governmental labor regulations, the demand for consulting services is expected to gain traction in the next five years.
The Banking, Financial Services, and Insurance (BFSI) vertical is expected to hold the largest market share in the workforce analytics market in 2016. The healthcare sector is expected to grow at the highest CAGR from 2016 to 2022, in the workforce analytics market. The BSFI industry will be investing greater resources in the market to focus on providing better services to customers through their limited global and local workforce. Authorities are encouraging investments in the healthcare industry in a bid to modernize and digitize the industry infrastructure and workforce.
North America is expected to have the largest market share and dominate the workforce analytics market from 2016 to 2022, due to the presence of a large number of analytics vendors. Asia-Pacific (APAC) offers potential growth opportunities.
In 2017, the global Workforce Analytics market size was 740 million US$ and it is expected to reach 2430 million US$ by the end of 2025, with a CAGR of 16.0% during 2018-2025.
This report focuses on the global top players, covered
Kronos
Infor
Verint
NICE Systems
Aspect
Workforce Software
Clicksoftware
Calabrio
ATOSS
Genesys
Monet Software
InVision AG
Teleopti
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Market segment by Type, the product can be split into
On-premises
Saas Cloud-Based
Market segment by Application, split into
<100 employees
100-499 employees
500-999 employees
1,000-4,999 employees
>5000 employees
The study objectives of this report are:
To study and forecast the market size of Workforce Analytics in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Workforce Analytics are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Workforce Analytics Manufacturers
Workforce Analytics Distributors/Traders/Wholesalers
Workforce Analytics Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Workforce Analytics market, by end-use.
Detailed analysis and profiles of additional market players.
Workforce analytics is a combination of software and methodology that applies statistical models to worker-related data, allowing enterprise leaders to optimize human resource management (HRM).
The workforce analytics solutions are expected to dominate the market from 2016 to 2022 with the largest market share, due to growing workforce challenges faced by the organizations worldwide. Among the services, due to the changing work dynamics and variations in global governmental labor regulations, the demand for consulting services is expected to gain traction in the next five years.
The Banking, Financial Services, and Insurance (BFSI) vertical is expected to hold the largest market share in the workforce analytics market in 2016. The healthcare sector is expected to grow at the highest CAGR from 2016 to 2022, in the workforce analytics market. The BSFI industry will be investing greater resources in the market to focus on providing better services to customers through their limited global and local workforce. Authorities are encouraging investments in the healthcare industry in a bid to modernize and digitize the industry infrastructure and workforce.
North America is expected to have the largest market share and dominate the workforce analytics market from 2016 to 2022, due to the presence of a large number of analytics vendors. Asia-Pacific (APAC) offers potential growth opportunities.
In 2017, the global Workforce Analytics market size was 740 million US$ and it is expected to reach 2430 million US$ by the end of 2025, with a CAGR of 16.0% during 2018-2025.
This report focuses on the global top players, covered
Kronos
Infor
Verint
NICE Systems
Aspect
Workforce Software
Clicksoftware
Calabrio
ATOSS
Genesys
Monet Software
InVision AG
Teleopti
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Market segment by Type, the product can be split into
On-premises
Saas Cloud-Based
Market segment by Application, split into
<100 employees
100-499 employees
500-999 employees
1,000-4,999 employees
>5000 employees
The study objectives of this report are:
To study and forecast the market size of Workforce Analytics in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Workforce Analytics are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Workforce Analytics Manufacturers
Workforce Analytics Distributors/Traders/Wholesalers
Workforce Analytics Subcomponent Manufacturers
Industry Association
Downstream Vendors
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Workforce Analytics market, by end-use.
Detailed analysis and profiles of additional market players.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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