Global Workforce Management Market Trajectory & Analytics 2020-2027: Amid the COVID-19 Pandemic, the Market is Projected to Reach a Revised $10.8 Billion - ResearchAndMarkets.com

The "Workforce Management - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Workforce Management Market to Reach $10.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Workforce Management estimated at US$5.9 Billion in the year 2020, is projected to reach a revised size of US$10.8 Billion by 2027, growing at a CAGR of 9.1% over the period 2020-2027.

Cloud, one of the segments analyzed in the report, is projected to record 10.3% CAGR and reach US$5.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-premises segment is readjusted to a revised 8% CAGR for the next 7-year period.

The U. S. Market is Estimated at $1.7 Billion, While China is Forecast to Grow at 8.4% CAGR

The Workforce Management market in the U. S. is estimated at US$1.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2027 trailing a CAGR of 8.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• ADP LLC
• IBM Corporation
• Kronos, Inc.
• Oracle Corporation
• SAP SE
• Workday, Inc.
• WorkForce Software

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Workforce Management Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

• Market Facts & Figures
• Workforce Management Market Share (in %) by Company: 2019 & 2025
• Market Analytics
• Current & Future Analysis for Workforce Management by Deployment - Cloud and On-premises - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
• Historic Review for Workforce Management by Deployment - Cloud and On-premises Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
• 15-Year Perspective for Workforce Management by Deployment - Percentage Breakdown of Value Sales for Cloud and On-premises for the Years 2012, 2020 & 2027
• Current & Future Analysis for Workforce Management by Vertical - Government, Healthcare, Retail, Academia, Automotive & Manufacturing, BFSI and Other Verticals - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027
• Historic Review for Workforce Management by Vertical - Government, Healthcare, Retail, Academia, Automotive & Manufacturing, BFSI and Other Verticals Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019
• 15-Year Perspective for Workforce Management by Vertical - Percentage Breakdown of Value Sales for Government, Healthcare, Retail, Academia, Automotive & Manufacturing, BFSI and Other Verticals for the Years 2012, 2020 & 2027

IV. COMPETITION

• Total Companies Profiled: 47

For more information about this report visit https://www.researchandmarkets.com/r/xt11ex

View source version on businesswire.com: https://www.businesswire.com/news/home/20201015005796/en/