Global Workforce Management (WFM) Market 2020-2026 by Component, Operating System, Deployment Mode, Industry Vertical, Organization Size, and Region: COVID-19 Impact and Growth Opportunity

Report ID: 51316 | Published Date: Sep 2024 | No. of Page: 171 | Base Year: 2023 | Rating: 4.7 | Webstory: Check our Web story
Table of Contents
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	16
1.2.6 Market Size/Share Estimation	17
1.2.7 Research Limitations	18
1.3 Executive Summary	19
2 Market Overview and Dynamics	22
2.1 Market Size and Forecast	22
2.1.1 Impact of COVID-19 on World Economy	23
2.1.2 Impact of COVID-19 on the Market	26
2.2 Major Growth Drivers	28
2.3 Market Restraints and Challenges	31
2.4 Emerging Opportunities and Market Trends	34
2.5 Porter’s Fiver Forces Analysis	38
3 Segmentation of Global Market by Component	42
3.1 Market Overview by Component	42
3.2 Software & Solutions	44
3.2.1 Leave and Absence Management	46
3.2.2 Workforce Scheduling	47
3.2.3 Budgeting and Forecasting	48
3.2.4 Workforce Analytics	49
3.2.5 Performance Management	50
3.2.6 Other Applications	51
3.3 Services	52
3.3.1 Training and Education	53
3.3.2 Implementation Services	54
3.3.3 Support and Maintenance	55
4 Segmentation of Global Market by Operating System	56
4.1 Market Overview by Operating System	56
4.2 iOS Based WFM	58
4.3 Android Based WFM	59
4.4 Windows Based WFM	60
4.5 Other Operating Systems Based WFM	61
5 Segmentation of Global Market by Deployment Mode	62
5.1 Market Overview by Deployment Mode	62
5.2 On-premise WFM	64
5.3 Cloud Based WFM	65
5.4 Hybrid WFM	66
6 Segmentation of Global Market by Industry Vertical	67
6.1 Market Overview by Industry Vertical	67
6.2 IT & Telecom	69
6.3 BFSI	70
6.4 Retail & E-Commerce	71
6.5 Healthcare	72
6.6 Manufacturing	73
6.7 Education	74
6.8 Government	75
6.9 Other Verticals	76
7 Segmentation of Global Market by Organization Size	77
7.1 Market Overview by Organization Size	77
7.2 Large Enterprises	79
7.3 SMEs	80
8 Segmentation of Global Market by Region	81
8.1 Geographic Market Overview 2019-2026	81
8.2 North America Market 2019-2026 by Country	85
8.2.1 Overview of North America Market	85
8.2.2 U.S.	88
8.2.3 Canada	92
8.2.4 Mexico	94
8.3 European Market 2019-2026 by Country	96
8.3.1 Overview of European Market	96
8.3.2 UK	99
8.3.3 France	101
8.3.4 Germany	103
8.3.5 Spain	105
8.3.6 Italy	107
8.3.7 Russia	109
8.3.8 Rest of European Market	111
8.4 Asia-Pacific Market 2019-2026 by Country	113
8.4.1 Overview of Asia-Pacific Market	113
8.4.2 China	116
8.4.3 Japan	118
8.4.4 India	121
8.4.5 Australia	123
8.4.6 South Korea	125
8.4.7 Rest of APAC Region	127
8.5 South America Market 2019-2026 by Country	129
8.5.1 Argentina	132
8.5.2 Brazil	134
8.5.3 Chile	136
8.5.4 Rest of South America Market	138
8.6 MEA Market 2019-2026 by Country	139
8.6.1 UAE	142
8.6.2 Saudi Arabia	144
8.6.3 South Africa	146
8.6.4 Other National Markets	148
9 Competitive Landscape	149
9.1 Overview of Key Vendors	149
9.2 New Product Launch, Partnership, Investment, and M&A	152
9.3 Company Profiles	153
ADP, LLC.	153
Calabrio, Inc	155
INFOR	156
International Business Machines Corporation (IBM)	157
Kronos Incorporated	158
Oracle Corporation	159
SAP SE	160
SumTotal Systems, LLC.	161
Verint Systems Inc.	162
Workday, Inc.	163
WorkForce Software, LLC.	164
10 Investing in Global Market: Risk Assessment and Management	165
10.1 Risk Evaluation of Global Market	165
10.2 Critical Success Factors (CSFs)	168
Related Reports and Products	171
Table 1.  Snapshot of Global Workforce Management Market, 2019-2026	20
Table 2. Growth Rate of World Real GDP, 2017-2021	24
Table 3.  Main Product Trends and Market Opportunities in Global Workforce Management Market	34
Table 4. Global Workforce Management Market by Component, 2016-2026, $ mn	42
Table 5. Global Workforce Management Market: Software & Solutions by Application, 2016-2026, $ mn	45
Table 6. Global Workforce Management Market: Services by Type, 2016-2026, $ mn	52
Table 7. Global Workforce Management Market by Operating System, 2016-2026, $ mn	56
Table 8. Global Workforce Management Market by Deployment Mode, 2016-2026, $ mn	62
Table 9. Global Workforce Management Market by Industry Vertical, 2016-2026, $ mn	67
Table 10. Global Workforce Management Market by Organization Size, 2016-2026, $ mn	77
Table 11. Global Workforce Management Market by Region, 2016-2026, $ mn	82
Table 12.  Leading National Workforce Management Market, 2019 and 2026, $ mn	84
Table 13. North America Workforce Management Market by Country, 2016-2026, $ mn	87
Table 14. U.S. Workforce Management Market by Component, 2016-2026, $ mn	90
Table 15. U.S. Workforce Management Market by Deployment Mode, 2016-2026, $ mn	90
Table 16. U.S. Workforce Management Market by Industry Vertical, 2016-2026, $ mn	90
Table 17. Canada Workforce Management Market by Component, 2016-2026, $ mn	93
Table 18. Canada Workforce Management Market by Deployment Mode, 2016-2026, $ mn	93
Table 19. Canada Workforce Management Market by Industry Vertical, 2016-2026, $ mn	93
Table 20. Mexico Workforce Management Market by Component, 2016-2026, $ mn	95
Table 21. Mexico Workforce Management Market by Deployment Mode, 2016-2026, $ mn	95
Table 22. Mexico Workforce Management Market by Industry Vertical, 2016-2026, $ mn	95
Table 23. Europe Workforce Management Market by Country, 2016-2026, $ mn	98
Table 24. UK Workforce Management Market by Component, 2016-2026, $ mn	100
Table 25. UK Workforce Management Market by Deployment Mode, 2016-2026, $ mn	100
Table 26. UK Workforce Management Market by Industry Vertical, 2016-2026, $ mn	100
Table 27. France Workforce Management Market by Component, 2016-2026, $ mn	102
Table 28. France Workforce Management Market by Deployment Mode, 2016-2026, $ mn	102
Table 29. France Workforce Management Market by Industry Vertical, 2016-2026, $ mn	102
Table 30. Germany Workforce Management Market by Component, 2016-2026, $ mn	104
Table 31. Germany Workforce Management Market by Deployment Mode, 2016-2026, $ mn	104
Table 32. Germany Workforce Management Market by Industry Vertical, 2016-2026, $ mn	104
Table 33. Spain Workforce Management Market by Component, 2016-2026, $ mn	106
Table 34. Spain Workforce Management Market by Deployment Mode, 2016-2026, $ mn	106
Table 35. Spain Workforce Management Market by Industry Vertical, 2016-2026, $ mn	106
Table 36. Italy Workforce Management Market by Component, 2016-2026, $ mn	108
Table 37. Italy Workforce Management Market by Deployment Mode, 2016-2026, $ mn	108
Table 38. Italy Workforce Management Market by Industry Vertical, 2016-2026, $ mn	108
Table 39. Russia Workforce Management Market by Component, 2016-2026, $ mn	110
Table 40. Russia Workforce Management Market by Deployment Mode, 2016-2026, $ mn	110
Table 41. Russia Workforce Management Market by Industry Vertical, 2016-2026, $ mn	110
Table 42. Workforce Management Market in Rest of Europe by Country, 2016-2026, $ mn	112
Table 43. APAC Workforce Management Market by Country, 2016-2026, $ mn	115
Table 44. China Workforce Management Market by Component, 2016-2026, $ mn	117
Table 45. China Workforce Management Market by Deployment Mode, 2016-2026, $ mn	117
Table 46. China Workforce Management Market by Industry Vertical, 2016-2026, $ mn	117
Table 47. Japan Workforce Management Market by Component, 2016-2026, $ mn	120
Table 48. Japan Workforce Management Market by Deployment Mode, 2016-2026, $ mn	120
Table 49. Japan Workforce Management Market by Industry Vertical, 2016-2026, $ mn	120
Table 50. India Workforce Management Market by Component, 2016-2026, $ mn	122
Table 51. India Workforce Management Market by Deployment Mode, 2016-2026, $ mn	122
Table 52. India Workforce Management Market by Industry Vertical, 2016-2026, $ mn	122
Table 53. Australia Workforce Management Market by Component, 2016-2026, $ mn	124
Table 54. Australia Workforce Management Market by Deployment Mode, 2016-2026, $ mn	124
Table 55. Australia Workforce Management Market by Industry Vertical, 2016-2026, $ mn	124
Table 56. South Korea Workforce Management Market by Component, 2016-2026, $ mn	126
Table 57. South Korea Workforce Management Market by Deployment Mode, 2016-2026, $ mn	126
Table 58. South Korea Workforce Management Market by Industry Vertical, 2016-2026, $ mn	126
Table 59. Workforce Management Market in Rest of APAC by Country, 2016-2026, $ mn	128
Table 60. South America Workforce Management Market by Country, 2016-2026, $ mn	131
Table 61. Argentina Workforce Management Market by Component, 2016-2026, $ mn	133
Table 62. Argentina Workforce Management Market by Deployment Mode, 2016-2026, $ mn	133
Table 63. Argentina Workforce Management Market by Industry Vertical, 2016-2026, $ mn	133
Table 64. Brazil Workforce Management Market by Component, 2016-2026, $ mn	135
Table 65. Brazil Workforce Management Market by Deployment Mode, 2016-2026, $ mn	135
Table 66. Brazil Workforce Management Market by Industry Vertical, 2016-2026, $ mn	135
Table 67. Chile Workforce Management Market by Component, 2016-2026, $ mn	137
Table 68. Chile Workforce Management Market by Deployment Mode, 2016-2026, $ mn	137
Table 69. Chile Workforce Management Market by Industry Vertical, 2016-2026, $ mn	137
Table 70. MEA Workforce Management Market by Country, 2016-2026, $ mn	141
Table 71. UAE Workforce Management Market by Component, 2016-2026, $ mn	143
Table 72. UAE Workforce Management Market by Deployment Mode, 2016-2026, $ mn	143
Table 73. UAE Workforce Management Market by Industry Vertical, 2016-2026, $ mn	143
Table 74. Saudi Arabia Workforce Management Market by Component, 2016-2026, $ mn	145
Table 75. Saudi Arabia Workforce Management Market by Deployment Mode, 2016-2026, $ mn	145
Table 76. Saudi Arabia Workforce Management Market by Industry Vertical, 2016-2026, $ mn	145
Table 77. South Africa Workforce Management Market by Component, 2016-2026, $ mn	147
Table 78. South Africa Workforce Management Market by Deployment Mode, 2016-2026, $ mn	147
Table 79. South Africa Workforce Management Market by Industry Vertical, 2016-2026, $ mn	147
Table 80. ADP, LLC.: Company Snapshot	153
Table 81. ADP, LLC.: Business Segmentation	153
Table 82. ADP, LLC.: Product Portfolio	154
Table 83. ADP, LLC.: Revenue, 2016-2018, $ mn	154
Table 84. ADP, LLC.: Recent Developments	154
Table 85.  Risk Evaluation for Investing in Global Market, 2019-2026	166
Table 86. Critical Success Factors and Key Takeaways	169
Figure 1. Research Method Flow Chart	13
Figure 2. Breakdown of Primary Research	15
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation	17
Figure 4. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2026	19
Figure 5. Global Workforce Management Market, 2019-2026, $ mn	22
Figure 6. Impact of COVID-19 on Business	26
Figure 7. Primary Drivers and Impact Factors of Global Workforce Management Market	28
Figure 8. Primary Restraints and Impact Factors of Global Workforce Management Market	31
Figure 9. Investment Opportunity Analysis	35
Figure 10. Porter’s Fiver Forces Analysis of Global Workforce Management Market	38
Figure 11. Breakdown of Global Workforce Management Market by Component, 2019-2026, % of Revenue	42
Figure 12. Contribution to Global 2020-2026 Cumulative Revenue by Component, Value ($ mn) and Share (%)	43
Figure 13. Global Workforce Management Market: Software & Solutions, 2016-2026, $ mn	44
Figure 14. Global Workforce Management Market: Leave and Absence Management, 2016-2026, $ mn	46
Figure 15. Global Workforce Management Market: Workforce Scheduling, 2016-2026, $ mn	47
Figure 16. Global Workforce Management Market: Budgeting and Forecasting, 2016-2026, $ mn	48
Figure 17. Global Workforce Management Market: Workforce Analytics, 2016-2026, $ mn	49
Figure 18. Global Workforce Management Market: Performance Management, 2016-2026, $ mn	50
Figure 19. Global Workforce Management Market: Other Applications, 2016-2026, $ mn	51
Figure 20. Global Workforce Management Market: Services, 2016-2026, $ mn	52
Figure 21. Global Workforce Management Market: Training and Education, 2016-2026, $ mn	53
Figure 22. Global Workforce Management Market: Implementation Services, 2016-2026, $ mn	54
Figure 23. Global Workforce Management Market: Support and Maintenance, 2016-2026, $ mn	55
Figure 24. Breakdown of Global Workforce Management Market by Operating System, 2019-2026, % of Revenue	56
Figure 25. Contribution to Global 2020-2026 Cumulative Revenue by Operating System, Value ($ mn) and Share (%)	57
Figure 26. Global Workforce Management Market: iOS Based WFM, 2016-2026, $ mn	58
Figure 27. Global Workforce Management Market: Android Based WFM, 2016-2026, $ mn	59
Figure 28. Global Workforce Management Market: Windows Based WFM, 2016-2026, $ mn	60
Figure 29. Global Workforce Management Market: Other Operating Systems Based WFM, 2016-2026, $ mn	61
Figure 30. Breakdown of Global Workforce Management Market by Deployment Mode, 2019-2026, % of Revenue	62
Figure 31. Contribution to Global 2020-2026 Cumulative Revenue by Deployment Mode, Value ($ mn) and Share (%)	63
Figure 32. Global Workforce Management Market: On-premise WFM, 2016-2026, $ mn	64
Figure 33. Global Workforce Management Market: Cloud Based WFM, 2016-2026, $ mn	65
Figure 34. Global Workforce Management Market: Hybrid WFM, 2016-2026, $ mn	66
Figure 35. Breakdown of Global Workforce Management Market by Industry Vertical, 2019-2026, % of Revenue	68
Figure 36. Contribution to Global 2020-2026 Cumulative Revenue by Industry Vertical, Value ($ mn) and Share (%)	68
Figure 37. Global Workforce Management Market: IT & Telecom, 2016-2026, $ mn	69
Figure 38. Global Workforce Management Market: BFSI, 2016-2026, $ mn	70
Figure 39. Global Workforce Management Market: Retail & E-Commerce, 2016-2026, $ mn	71
Figure 40. Global Workforce Management Market: Healthcare, 2016-2026, $ mn	72
Figure 41. Global Workforce Management Market: Manufacturing, 2016-2026, $ mn	73
Figure 42. Global Workforce Management Market: Education, 2016-2026, $ mn	74
Figure 43. Global Workforce Management Market: Government, 2016-2026, $ mn	75
Figure 44. Global Workforce Management Market: Other Verticals, 2016-2026, $ mn	76
Figure 45. Breakdown of Global Workforce Management Market by Organization Size, 2019-2026, % of Revenue	77
Figure 46. Contribution to Global 2020-2026 Cumulative Revenue by Organization Size, Value ($ mn) and Share (%)	78
Figure 47. Global Workforce Management Market: Large Enterprises, 2016-2026, $ mn	79
Figure 48. Global Workforce Management Market: SMEs, 2016-2026, $ mn	80
Figure 49.  Global Market Snapshot by Region	81
Figure 50.  Geographic Spread of Worldwide Workforce Management Market, 2019-2026, % of Revenue	82
Figure 51. Contribution to Global 2020-2026 Cumulative Revenue by Region, Value ($ mn) and Share (%)	83
Figure 52.  North American Workforce Management Market, 2016-2026, $ mn	86
Figure 53. Breakdown of North America Workforce Management Market by Country, 2019 and 2026, % of Revenue	86
Figure 54. Contribution to North America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%)	87
Figure 55. U.S. Workforce Management Market, 2016-2026, $ mn	89
Figure 56. Canada Workforce Management Market, 2016-2026, $ mn	92
Figure 57.  Workforce Management Market in Mexico, 2016-2026, $ mn	94
Figure 58.  European Workforce Management Market, 2016-2026, $ mn	97
Figure 59. Breakdown of European Workforce Management Market by Country, 2019 and 2026, % of Revenue	97
Figure 60. Contribution to Europe 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%)	98
Figure 61.  Workforce Management Market in UK, 2016-2026, $ mn	99
Figure 62.  Workforce Management Market in France, 2016-2026, $ mn	101
Figure 63.  Workforce Management Market in Germany, 2016-2026, $ mn	103
Figure 64.  Workforce Management Market in Spain, 2016-2026, $ mn	105
Figure 65.  Workforce Management Market in Italy, 2016-2026, $ mn	107
Figure 66.  Workforce Management Market in Russia, 2016-2026, $ mn	109
Figure 67.  Workforce Management Market in Rest of Europe, 2016-2026, $ mn	111
Figure 68. Asia-Pacific Workforce Management Market, 2016-2026, $ mn	114
Figure 69. Breakdown of APAC Workforce Management Market by Country, 2019 and 2026, % of Revenue	114
Figure 70. Contribution to APAC 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%)	115
Figure 71.  Workforce Management Market in China, 2016-2026, $ mn	116
Figure 72.  Workforce Management Market in Japan, 2016-2026, $ mn	119
Figure 73.  Workforce Management Market in India, 2016-2026, $ mn	121
Figure 74.  Workforce Management Market in Australia, 2016-2026, $ mn	123
Figure 75.  Workforce Management Market in South Korea, 2016-2026, $ mn	125
Figure 76.  Workforce Management Market in Rest of APAC, 2016-2026, $ mn	127
Figure 77. South America Workforce Management Market, 2016-2026, $ mn	130
Figure 78. Breakdown of South America Workforce Management Market by Country, 2019 and 2026, % of Revenue	130
Figure 79. Contribution to South America 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%)	131
Figure 80.  Workforce Management Market in Argentina, 2016-2026, $ mn	132
Figure 81.  Workforce Management Market in Brazil, 2016-2026, $ mn	134
Figure 82.  Workforce Management Market in Chile, 2016-2026, $ mn	136
Figure 83.  Workforce Management Market in Rest of South America, 2016-2026, $ mn	138
Figure 84. Workforce Management Market in Middle East and Africa (MEA), 2016-2026, $ mn	140
Figure 85. Breakdown of MEA Workforce Management Market by Country, 2019 and 2026, % of Revenue	140
Figure 86. Contribution to MEA 2020-2026 Cumulative Revenue by Country, Value ($ mn) and Share (%)	141
Figure 87.  Workforce Management Market in UAE, 2016-2026, $ mn	142
Figure 88.  Workforce Management Market in Saudi Arabia, 2016-2026, $ mn	144
Figure 89.  Workforce Management Market in South Africa, 2016-2026, $ mn	146
Figure 90. Growth Stage of Global Workforce Management Industry over the Forecast Period	149
Companies Included in Reports:
Key Players (this may not be a complete list and extra companies can be added upon request): 
ADP, LLC.	
Calabrio, Inc	
INFOR	
International Business Machines Corporation (IBM)	
Kronos Incorporated	
Oracle Corporation	
SAP SE	
SumTotal Systems, LLC.	
Verint Systems Inc.	
Workday, Inc.	
WorkForce Software, LLC.
Frequently Asked Questions
Global Workforce Management Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Global Workforce Management Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Global Workforce Management Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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