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Workforce Analytics Market Expected to Reach USD 5.97 Billion by 2026|Top Players such as - Kronos, WorkForce and Visier
According to the report published by Allied Market Research "The Workforce Analytics Market Expected to Reach USD 5.97 Billion by 2026|Top Players such as - Kronos, WorkForce and Visier." These players have adopted different strategies such as new product launches collaborations expansion joint ventures agreements and others to increase their market share and maintain dominant shares in different regions.
Rise in need to close the skills gap and increase in investment on workforce analytics fuel the growth of the global workforce analytics market. On the other hand, lack of analysis skills restrains the growth to some extent. However, incorporation of advanced technologies such as machine learning, natural language processing, and AI in workforce analytics is expected to create multiple opportunities in the industry.
Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/6438
Based on deployment, the on-premises segment accounted for nearly three-fifths of the global workforce analytics market revenue in 2018 and is projected to rule the roost by the end of 2026. Enhanced security features provided by the on-premises model have made it widely adopted among organizations. And this factor has boosted the growth of the segment. Simultaneously, the cloud segment would register the fastest CAGR of 19.3% from 2019 to 2026. This is attributed to a wide array of different services provided by cloud.
Based on component, the solution segment held the major share in 2018, generating nearly three-fourths of the global workforce analytics market. The fact that workforce analytics solutions are cheaper than other traditional solutions and are pretty faster to deploy has augmented the segment growth. The service segment, on the other hand, would grow at the fastest CAGR of 20.0% throughout the forecast period. Rise in need of services like managed services and professional services drives the growth of the segment.
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By region, the global workforce analytics market was dominated by North America in 2018 and is expected to maintain this trend during the forecast period. The major factors driving the growth of the market in this region include the high rate of adoption of technologies such as AI, cloud, big data, analytics, and others. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period, owing to improved employee productivity and performance of organizations business.
The company profiles of workforce analytics market players included in this report are Oracle Corporation, IBM Corporation, Tableau Software Inc, SAP SE, Workday Inc, ADP LLC, Cornerstone OnDemand Inc, Kronos Incorporated, WorkForce Software, LLC, and Visier Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/6438
Key Findings of the Study:
● By component, the solution segment led the workforce analytics market size in terms of revenue in 2018.
● By deployment model, the cloud segment accounted for the highest workforce analytics market share in 2018.
● By industry vertical, the BFSI segmented accounted for the highest workforce analytics market share in 2018.
● By region, North America generated the highest revenue in 2018.
Procure Complete Report (231 Pages PDF with Insights Charts Tables and Figures) at: https://bit.ly/3nI1kfD
Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Access the full summary at: https://www.alliedmarketresearch.com/workforce-analytics-market-A06073
Contact:
David Correa
5933 NE Win Sivers Drive
#205 Portland OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn and Twitter
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur's stakeholder's researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
Rise in need to close the skills gap and increase in investment on workforce analytics fuel the growth of the global workforce analytics market. On the other hand, lack of analysis skills restrains the growth to some extent. However, incorporation of advanced technologies such as machine learning, natural language processing, and AI in workforce analytics is expected to create multiple opportunities in the industry.
Download Sample Report at: https://www.alliedmarketresearch.com/request-sample/6438
Based on deployment, the on-premises segment accounted for nearly three-fifths of the global workforce analytics market revenue in 2018 and is projected to rule the roost by the end of 2026. Enhanced security features provided by the on-premises model have made it widely adopted among organizations. And this factor has boosted the growth of the segment. Simultaneously, the cloud segment would register the fastest CAGR of 19.3% from 2019 to 2026. This is attributed to a wide array of different services provided by cloud.
Based on component, the solution segment held the major share in 2018, generating nearly three-fourths of the global workforce analytics market. The fact that workforce analytics solutions are cheaper than other traditional solutions and are pretty faster to deploy has augmented the segment growth. The service segment, on the other hand, would grow at the fastest CAGR of 20.0% throughout the forecast period. Rise in need of services like managed services and professional services drives the growth of the segment.
Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/6438
By region, the global workforce analytics market was dominated by North America in 2018 and is expected to maintain this trend during the forecast period. The major factors driving the growth of the market in this region include the high rate of adoption of technologies such as AI, cloud, big data, analytics, and others. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period, owing to improved employee productivity and performance of organizations business.
The company profiles of workforce analytics market players included in this report are Oracle Corporation, IBM Corporation, Tableau Software Inc, SAP SE, Workday Inc, ADP LLC, Cornerstone OnDemand Inc, Kronos Incorporated, WorkForce Software, LLC, and Visier Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
For Report Customization: https://www.alliedmarketresearch.com/request-for-customization/6438
Key Findings of the Study:
● By component, the solution segment led the workforce analytics market size in terms of revenue in 2018.
● By deployment model, the cloud segment accounted for the highest workforce analytics market share in 2018.
● By industry vertical, the BFSI segmented accounted for the highest workforce analytics market share in 2018.
● By region, North America generated the highest revenue in 2018.
Procure Complete Report (231 Pages PDF with Insights Charts Tables and Figures) at: https://bit.ly/3nI1kfD
Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Access the full summary at: https://www.alliedmarketresearch.com/workforce-analytics-market-A06073
Contact:
David Correa
5933 NE Win Sivers Drive
#205 Portland OR 97220
United States
Toll-Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn and Twitter
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur's stakeholder's researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
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