Global Workforce Analytics Market 2020-2030 by Component (Software, Service), Application, Deployment (On-premise, Cloud-based), Organization Size (Large Enterprises, SMEs), Industry Vertical, and Region: Trend Forecast and Growth Opportunity

20off

Global workforce analytics market will reach $4,814.7 million by 2030, growing by 14.4% annually over 2020-2030 driven by the growing concern of dealing with humongous volume of data, aims of improving operation efficiencies and reducing labor cost, and evolving digital technologies such as cloud, 5G, big data, mobile platforms, and advanced analytics tools.
Highlighted with 84 tables and 91 figures, this 168-page report “Global Workforce Analytics Market 2020-2030 by Component (Software, Service), Application, Deployment (On-premise, Cloud-based), Organization Size (Large Enterprises, SMEs), Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global workforce analytics market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate and forecast from 2020 till 2030 with 2019 as the base year. (The year 2020 is not appropriate for research base due to the outbreak of COVID-19.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global workforce analytics market in every aspect of the classification from perspectives of Component, Application, Deployment, Organization Size, Industry Vertical, and Region.

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Software & Solution
• Service & Support
o Consulting Services
o Managed Services
o System Integration

Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Time & Attendance
• Scheduling & Staffing
• Performance Management
o Workforce Planning
o Learning & Development
o Succession Management
• Benchmarking Analysis
o Compensation Management
o Performance Management
o Training and Development
o Succession Management
• Other Applications

Based on Deployment, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• On-premise Deployment
• Cloud-based Deployment

Based on Organization Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• Large Enterprises
• SMEs

Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each primary section.
• BFSI
• Manufacturing
• Healthcare
• Energy and Utilities
• Government & Public Sector
• Retail & E-Commerce
• IT & Telecom
• Education
• Other Industry Verticals

Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Component, Organization Size, and Industrial Vertical over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Automatic Data Processing Inc. (ADP)
Cornerstone OnDemand Inc
IBM Corporation
Kronos Incorporated
Oracle Corporation
Peoplefluent
PeopleStreme
SAP SE
Tableau Software Inc
Visier Inc.
Workday Inc
WorkForce Software LLC
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

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1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Global Market by Component 40
3.1 Market Overview by Component 40
3.2 Software & Solution 42
3.3 Service & Support 43
3.3.1 Consulting Services 44
3.3.2 Managed Services 45
3.3.3 System Integration 46
4 Segmentation of Global Market by Application 47
4.1 Market Overview by Application 47
4.2 Time & Attendance 49
4.3 Scheduling & Staffing 50
4.4 Performance Management 51
4.4.1 Workforce Planning 53
4.4.2 Learning & Development 54
4.4.3 Succession Management 55
4.5 Benchmarking Analysis 56
4.5.1 Compensation Management 57
4.5.2 Performance Management 58
4.5.3 Training and Development 59
4.5.4 Succession Management 60
4.6 Other Applications 61
5 Segmentation of Global Market by Deployment 62
5.1 Market Overview by Deployment 62
5.2 On-premise Deployment 64
5.3 Cloud-based Deployment 65
6 Segmentation of Global Market by Organization Size 67
6.1 Market Overview by Organization Size 67
6.2 Large Enterprises 69
6.3 SMEs 70
7 Segmentation of Global Market by Industrial Vertical 71
7.1 Market Overview by Industrial Vertical 71
7.2 BFSI 73
7.3 Manufacturing 74
7.4 Healthcare 75
7.5 Energy and Utilities 76
7.6 Government & Public Sector 77
7.7 Retail & E-Commerce 78
7.8 IT & Telecom 79
7.9 Education 80
7.10 Other Industry Verticals 81
8 Segmentation of Global Market by Region 82
8.1 Geographic Market Overview 2019-2030 82
8.2 North America Market 2019-2030 by Country 86
8.2.1 Overview of North America Market 86
8.2.2 U.S. 90
8.2.3 Canada 93
8.2.4 Mexico 95
8.3 European Market 2019-2030 by Country 97
8.3.1 Overview of European Market 97
8.3.2 Germany 101
8.3.3 U.K. 103
8.3.4 France 105
8.3.5 Spain 107
8.3.6 Italy 109
8.3.7 Russia 111
8.3.8 Rest of European Market 113
8.4 Asia-Pacific Market 2019-2030 by Country 115
8.4.1 Overview of Asia-Pacific Market 115
8.4.2 Japan 119
8.4.3 China 122
8.4.4 Australia 124
8.4.5 India 126
8.4.6 South Korea 128
8.4.7 Rest of APAC Region 130
8.5 South America Market 2019-2030 by Country 132
8.5.1 Argentina 135
8.5.2 Brazil 137
8.5.3 Chile 139
8.5.4 Rest of South America Market 141
8.6 MEA Market 2019-2030 by Country 142
8.6.1 UAE 145
8.6.2 Saudi Arabia 147
8.6.3 South Africa 149
8.6.4 Other National Markets 151
9 Competitive Landscape 152
9.1 Overview of Key Vendors 152
9.2 New Product Launch, Partnership, Investment, and M&A 155
9.3 Company Profiles 156
Automatic Data Processing Inc. (ADP) 156
Cornerstone OnDemand Inc 158
IBM Corporation 159
Kronos Incorporated 160
Oracle Corporation 161
Peoplefluent 162
PeopleStreme 163
SAP SE 164
Tableau Software Inc 165
Visier Inc. 166
Workday Inc 167
WorkForce Software LLC 168
RELATED REPORTS 169

Research Process

The research starts with the extensive procurement process of data/information and statistics from company annual reports, government websites, statistic agencies, and paid databases. This information creates a base for the study. This information also helps to define the scope and to narrow down the area for study for the market. This raw information is processed and analysed to extract crisp data points which currently affect or are likely to affect the industry over the forecast period. After analysing the information, a proprietary market estimation & forecast technique is applied, which generates the quantitative figures/sizes of the market/sub-segments in the current scenario as well as for over the forecast period. After populating the market sizes & estimates, numbers are verified with the industry participants and key opinion leaders. The wide network of industry participants performs a value addition in the research and verify the numbers & estimates of the study. In the last stage of the research process, a final report is prepared which is then published on different websites as well as distributed through various channels. Below figure contains the different stages of the whole research performed to produce the report.

After populating the market sizes & estimates, numbers are verified with the industry participants and key opinion leaders. The wide network of industry participants performs a value addition in the research and verify the numbers & estimates of the study. In the last stage of the research process, a final report is prepared which is then published on different websites as well as distributed through various channels. Below figure contains the different stages of the whole research performed to produce the report.

DATA MINING

Data mining is one of the extensive stages of our research process. It involves the procurement of market data and related information through different verified & credible sources. This step helps to obtain the raw information about the supply chain of the industry, the monetary process of different Products & End-Uses, the pool of market participants & the nature of the industry and the scope of the study. The data mining stage comprises both primary as well as secondary sources of information. Some of the key data sources are as follows:

Secondary Research In the process of secondary research, various sources are referred to identify and collect industry trends and information for the research process. We at having access to some of the most diversified and extensive paid databases which give us the most accurate data/information on markets sizes, Products and pricing.

In the primary research process for data mining, various key industry participants from both supply and demand side are interviewed to obtain both qualitative as well as quantitative information on the market. In-depth interviews with key primary respondents, including industry professionals, subject matter experts (SMEs), industry consultants, and C-level executives of major companies are conducted to obtain critical qualitative and quantitative aspects pertaining to the market, as well as to assess the prospects for market growth over the forecast period.

ANALYSIS

This step involves the analysis & mapping of all the information procured from the previous step. This step also encompasses the scrutiny of data discrepancies observed across various data sources and finalising the appropriate data for estimation and forecasting. This analysis is done by our experienced panel of industry analysts.

MARKET ESTIMATION

Understanding and penetrating the market in terms of valuation is a crucial task in the process of business research. This again becomes significantly important while investing and choosing the business opportunities. In this regard, we perform two ways market sizing approach simultaneously namely top-down and bottom-up approaches. In this step, we place different data points, numeric attributes, information, and industry trends at an appropriate space in order to deduce the estimates & forecast values over the coming years. We use different mathematical models to estimate the market sizes of different economies and segments. Each of which is further summed up to define the total market. We own a proprietary tool for market estimations which helps us to comprehend market size estimates & forecasts for different markets and industries. Below figure explains the process of market estimation using independent tool employed by our analysts to get the sizing off the market.