Workforce Analytics Market Share, Industry Growth, Trends, Growth & Key Players Study till 2025: Kronos, Infor, Verint, NICE Systems, Aspect, Workforce Software.
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 2019-2025.
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).
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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.
The key
players covered in this study
·
Kronos
·
Infor
·
Verint
·
NICE
Systems
·
Aspect
·
Workforce
Software
·
Clicksoftware
·
Calabrio
·
ATOSS
·
Genesys
·
Monet
Software
·
InVision
AG
·
Teleopti
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