The Workforce Management Software Market rising deployment of cloud-based services and the need to comply with regulatory mandates will be the key factors facilitating this market’s growth. The growing need for workforce optimization and an integrated workforce management system spread across diverse locations will boost various industries’ demand. The increased demand for the proper time, attendance, and absence management solutions in the labor-intensive sectors like retail, healthcare, and customer service centers will further propel market growth. The standardization and streamlining of labor-related operations and the adoption of workforce analytics will provide additional opportunities for market growth. The various limiting factors for this market’s growth are the shortage of skilled professionals in handling the software and data privacy and compliance issues.
The major players in the workforce management software market include ADP LLC, Infor, IBM Corporation, Kronos Incorporated, Oracle Corporation, SAP SE, SumTotal Systems LLC, Verint Systems Inc., Workday Inc., WorkForce Software LLC.
The entire workforce management software market has been sub-categorized into component, deployment mode, organization size and industry vertical. demand for workforce management software market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
By Component
- Solution
- Service
By Deployment Mode
- On-Premise
- Cloud
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Industry Vertical
- BFSI
- Manufacturing
- Healthcare
- Government
- Retail & E-Commerce
- IT & Telecom
- Education
- Others
Source: https://www.valuemarketresearch.com/report/workforce-management-software-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.