Jan. 22, 2021, 1:57 a.m. EST

Workforce Analytics Market Growth , Leading Players and Forecast To 2025

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Jan 22, 2021 (AmericaNewsHour) -- Global Workforce Analytics Market
By Organization Size (Large Enterprises, Small and Medium Organizations), Component (Solution, Services), Deployment Model (Private Cloud, Public Cloud), Vertical, and Regional Market Size, Status and Forecast to 2025

Market Overview:
The Global Workforce Analytics Market was valued at USD 502.54 million in 2016 and is projected to reach USD 1,831.13 million by 2025, growing at a CAGR of 15.45% from 2017 to 2025.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Workforce analytics is a type of analytics that focuses on workforce metrics and optimization. Workforce analytics uses a combination of data analysis tools and statistical methods to measure workforce performance, worker-related data, allowing leaders to improve the effectiveness of people-related decision-making and human resources strategy. Benefits of workforce analytics include - anticipate workforce disruption before they strike, deliver smarter business-focused insights, empower managers within the organization, strengthens stronger team cohesion and organizational values.

Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Rising adoption by small and medium businesses
1.2 Increasing demand for mobile applications
1.3 Rapidly changing work dynamics
1.4 Growing need to make smarter decisions
1.5 Growing volume of data in HR departments
2. Market Restraints
2.1 Lack of technical expertise for analysis
2.2 Concerns for data security and privacy
2.3 Poor knowledge and resistance to change

Market Segmentation:
The  Global Workforce Analytics Market  is segmented on the organization size, component, deployment model, vertical, and region.

1. Organization Size:
1.1 Large Enterprises
1.2 Small and Medium Organizations

2. By Component:
2.1 Solution
2.2 Services
2.2.1 Managed services
2.2.2 Professional services
2.2.2.1 System integration services
2.2.2.2 Consulting services

3. By Deployment Mode:
3.1 Private Cloud
3.2 Public Cloud

4. By Vertical:
4.1 Healthcare
4.2 Government
4.3 IT and Telecom
4.4 Banking, Financial Services, and Insurance (BFSI)
4.5 Travel and Hospitality
4.6 Retail
4.7 Manufacturing
4.8 Others

5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. IBM Corporation
2. Workforce Software
3. SAP SE
4. Kronos Inc.
5. Tableau Software
6. Visier Inc.
7. Oracle Corporation
8. Workday, Inc.
9. ADP, LLC.
10. Cornerstone Ondemand

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:Research study on the Global Workforce Analytics Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.

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Phone: +1 313 462 0609

The post Workforce Analytics Market Growth , Leading Players and Forecast To 2025 appeared first on America News Hour .

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