Global Workforce Analytics Market 2023 by Company, Regions, Type and Application, Forecast to 2029

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).
Workforce analytics can help enterprise leaders to develop and improve recruiting methods, make general and specific hiring decisions, and keep the best workers with the company. In addition, workforce analytics can help management personnel to:
(1) Predict the probability of an individual employee's success.
(2) Identify the need for new departments and positions.
(3) Determine which departments or positions can be reassigned or eliminated.
(4) Identify and quantify physical risks to employees in specific positions.
(5) Identify and quantify factors that influence employee job satisfaction.
(6) Analyze and predict current and future technological needs.
(7) Assign and delegate responsibility for tasks and goals.
(8) Optimize the enterprise's organizational structure.
(9) Help the enterprise to identify, encourage, and cultivate its future leaders.
According to our (Global Info Research) latest study, the global Workforce Analytics market size was valued at USD 1395.9 million in 2022 and is forecast to a readjusted size of USD 3248.3 million by 2029 with a CAGR of 12.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The industry is fragmented, the key brand include Kronos, SAP, Oracle, IBM, ADP, SAS Institute Inc, WorkForce Software, Ultimate Software, Genpact, Workday, Visier and so on. Kronos are the leader of this industry with about 13% market shares.
This report is a detailed and comprehensive analysis for global Workforce Analytics market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Number of Employees. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Workforce Analytics market size and forecasts, in consumption value ($ Million), 2018-2029
Global Workforce Analytics market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
Global Workforce Analytics market size and forecasts, by Type and by Number of Employees, in consumption value ($ Million), 2018-2029
Global Workforce Analytics market shares of main players, in revenue ($ Million), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Workforce Analytics
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Workforce Analytics market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Kronos, SAP, Oracle, IBM and ADP, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Workforce Analytics market is split by Type and by Number of Employees. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Number of Employees. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    On-premise Deployment
    SaaS Deployment
Market segment by Number of Employees
    Under 100
    100-499
    500-999
    1,000-4,999
    Above 5000
Market segment by players, this report covers
    Kronos
    SAP
    Oracle
    IBM
    ADP
    SAS Institute Inc
    WorkForce Software
    Ultimate Software
    Genpact
    Workday
    Visier
Market segment by regions, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
    South America (Brazil, Argentina and Rest of South America)
    Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Workforce Analytics product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Workforce Analytics, with revenue, gross margin and global market share of Workforce Analytics from 2018 to 2023.
Chapter 3, the Workforce Analytics competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2018 to 2029.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2018 to 2023.and Workforce Analytics market forecast, by regions, type and number of employees, with consumption value, from 2024 to 2029.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War
Chapter 12, the key raw materials and key suppliers, and industry chain of Workforce Analytics.
Chapter 13, to describe Workforce Analytics research findings and conclusion.