What is the market size for the workforce management software?

The Market is expected to grow by 3077.64 million in 2024-2028. <a href='https://www.technavio.com/report/workforce-management-software-market-industry-analysis'>Read More</a>

What is the CAGR for the workforce management software?

7.66% CAGR with 3077.64 million Momentum. <a href='https://www.technavio.com/report/workforce-management-software-market-industry-analysis'>Read More</a>

What is the growth rate of the Workforce Management Software market?

7.66% is the estimation year on year growth rate. <a href='https://www.technavio.com/report/workforce-management-software-market-industry-analysis'>Read More</a>

Which region held the largest market share in the Workforce Management Software market?

North America with 38.43% of the market growth. <a href='https://www.technavio.com/report/workforce-management-software-market-industry-analysis'>Read More</a>

Who are the prominent players in the Workforce Management Software market?

7shifts, ActiveOps PLC, Advanced Computer Software Group Ltd., ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, International Business Machines Corp., Koch Industries Inc., .... <a href='https://www.technavio.com/report/workforce-management-software-market-industry-analysis'>Read More</a>

Workforce Management (WFM) Software Market Analysis North America, Europe, APAC, Middle East and Africa, South America - US, Canada, China, UK, Germany - Size and Forecast 2024-2028

Published: Jan 2024
Pages: 175
SKU: IRTNTR44428

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Workforce Management Software Market Size 2024-2028

The workforce management software (WFM) market size is projected to increase by USD 3.08 billion, at a CAGR of 7.66% between 2023 and 2028. The growth rate of the market hinges on various factors, notably regulatory compliance in workforce management and the imperative to streamline HR functions. Organizations' heightened software budgets further propel market expansion. An emerging trend shaping this growth is the high utilization of social media for recruitment, revolutionizing traditional hiring practices. This trend not only enhances recruitment efficiency but also expands suppliers' commercial options in the human resource management (HRM) market. By leveraging social media platforms, businesses can tap into a vast pool of talent while optimizing their recruitment processes. As organizations embrace digital transformation, the integration of social media into HRM strategies becomes increasingly indispensable, driving the evolution of the workforce management software market.

What will be the size of the Market During the Forecast Period?

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global workforce management software (WFM) market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global workforce management software (wfm) market 2018 - 2022 ($ million)

4.2 End-user Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ million)

4.3 Deployment Mode Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – Deployment Mode Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
- Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)

6.2 Comparison by End-user
- Exhibit 32: Chart on Comparison by End-user
- Exhibit 33: Data Table on Comparison by End-user

6.3 IT and telecom - Market size and forecast 2023-2028
- Exhibit 34: Chart on IT and telecom - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on IT and telecom - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on IT and telecom - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on IT and telecom - Year-over-year growth 2023-2028 (%)

6.4 BFSI - Market size and forecast 2023-2028
- Exhibit 38: Chart on BFSI - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on BFSI - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on BFSI - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on BFSI - Year-over-year growth 2023-2028 (%)

6.5 Healthcare - Market size and forecast 2023-2028
- Exhibit 42: Chart on Healthcare - Market size and forecast 2023-2028 ($ million)
- Exhibit 43: Data Table on Healthcare - Market size and forecast 2023-2028 ($ million)
- Exhibit 44: Chart on Healthcare - Year-over-year growth 2023-2028 (%)
- Exhibit 45: Data Table on Healthcare - Year-over-year growth 2023-2028 (%)

6.6 Manufacturing - Market size and forecast 2023-2028
- Exhibit 46: Chart on Manufacturing - Market size and forecast 2023-2028 ($ million)
- Exhibit 47: Data Table on Manufacturing - Market size and forecast 2023-2028 ($ million)
- Exhibit 48: Chart on Manufacturing - Year-over-year growth 2023-2028 (%)
- Exhibit 49: Data Table on Manufacturing - Year-over-year growth 2023-2028 (%)

6.7 Consumer goods and retail and others - Market size and forecast 2023-2028
- Exhibit 50: Chart on Consumer goods and retail and others - Market size and forecast 2023-2028 ($ million)
- Exhibit 51: Data Table on Consumer goods and retail and others - Market size and forecast 2023-2028 ($ million)
- Exhibit 52: Chart on Consumer goods and retail and others - Year-over-year growth 2023-2028 (%)
- Exhibit 53: Data Table on Consumer goods and retail and others - Year-over-year growth 2023-2028 (%)

6.8 Market opportunity by End-user
- Exhibit 54: Market opportunity by End-user ($ million)
- Exhibit 55: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Deployment

7.1 Market segments
- Exhibit 56: Chart on Deployment - Market share 2023-2028 (%)
- Exhibit 57: Data Table on Deployment - Market share 2023-2028 (%)

7.2 Comparison by Deployment
- Exhibit 58: Chart on Comparison by Deployment
- Exhibit 59: Data Table on Comparison by Deployment

7.3 Cloud based - Market size and forecast 2023-2028
- Exhibit 60: Chart on Cloud based - Market size and forecast 2023-2028 ($ million)
- Exhibit 61: Data Table on Cloud based - Market size and forecast 2023-2028 ($ million)
- Exhibit 62: Chart on Cloud based - Year-over-year growth 2023-2028 (%)
- Exhibit 63: Data Table on Cloud based - Year-over-year growth 2023-2028 (%)

7.4 On-premises - Market size and forecast 2023-2028
- Exhibit 64: Chart on On-premises - Market size and forecast 2023-2028 ($ million)
- Exhibit 65: Data Table on On-premises - Market size and forecast 2023-2028 ($ million)
- Exhibit 66: Chart on On-premises - Year-over-year growth 2023-2028 (%)
- Exhibit 67: Data Table on On-premises - Year-over-year growth 2023-2028 (%)

7.5 Market opportunity by Deployment
- Exhibit 68: Market opportunity by Deployment ($ million)
- Exhibit 69: Data Table on Market opportunity by Deployment ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 71: Chart on Market share by geography 2023-2028 (%)
- Exhibit 72: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 73: Chart on Geographic comparison
- Exhibit 74: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 APAC - Market size and forecast 2023-2028
- Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)

9.6 Middle East and Africa - Market size and forecast 2023-2028
- Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)

9.7 South America - Market size and forecast 2023-2028
- Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)

9.8 US - Market size and forecast 2023-2028
- Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)

9.9 China - Market size and forecast 2023-2028
- Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)

9.10 UK - Market size and forecast 2023-2028
- Exhibit 103: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 104: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 105: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 106: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.11 Germany - Market size and forecast 2023-2028
- Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.12 Canada - Market size and forecast 2023-2028
- Exhibit 111: Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 112: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 113: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 114: Data Table on Canada - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Exhibit 115: Market opportunity by geography ($ million)
- Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 117: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 119: Overview on factors of disruption

11.4 Industry risks
- Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 121: Vendors covered

12.2 Market positioning of vendors
- Exhibit 122: Matrix on vendor position and classification

12.3 ActiveOps PLC
- Exhibit 123: ActiveOps PLC - Overview
- Exhibit 124: ActiveOps PLC - Business segments
- Exhibit 125: ActiveOps PLC - Key offerings
- Exhibit 126: ActiveOps PLC - Segment focus

12.4 ATOSS Software AG
- Exhibit 127: ATOSS Software AG - Overview
- Exhibit 128: ATOSS Software AG - Product / Service
- Exhibit 129: ATOSS Software AG - Key offerings

12.5 Automatic Data Processing Inc.
- Exhibit 130: Automatic Data Processing Inc. - Overview
- Exhibit 131: Automatic Data Processing Inc. - Business segments
- Exhibit 132: Automatic Data Processing Inc. - Key news
- Exhibit 133: Automatic Data Processing Inc. - Key offerings
- Exhibit 134: Automatic Data Processing Inc. - Segment focus

12.6 Bamboo HR LLC
- Exhibit 135: Bamboo HR LLC - Overview
- Exhibit 136: Bamboo HR LLC - Product / Service
- Exhibit 137: Bamboo HR LLC - Key offerings

12.7 Koch Industries Inc.
- Exhibit 138: Koch Industries Inc. - Overview
- Exhibit 139: Koch Industries Inc. - Product / Service
- Exhibit 140: Koch Industries Inc. - Key news
- Exhibit 141: Koch Industries Inc. - Key offerings

12.8 NICE Ltd.
- Exhibit 142: NICE Ltd. - Overview
- Exhibit 143: NICE Ltd. - Business segments
- Exhibit 144: NICE Ltd. - Key news
- Exhibit 145: NICE Ltd. - Key offerings
- Exhibit 146: NICE Ltd. - Segment focus

12.9 Oracle Corp.
- Exhibit 147: Oracle Corp. - Overview
- Exhibit 148: Oracle Corp. - Business segments
- Exhibit 149: Oracle Corp. - Key news
- Exhibit 150: Oracle Corp. - Key offerings
- Exhibit 151: Oracle Corp. - Segment focus

12.10 Paycor Inc.
- Exhibit 152: Paycor Inc. - Overview
- Exhibit 153: Paycor Inc. - Product / Service
- Exhibit 154: Paycor Inc. - Key offerings

12.11 Rippling People Center Inc.
- Exhibit 155: Rippling People Center Inc. - Overview
- Exhibit 156: Rippling People Center Inc. - Product / Service
- Exhibit 157: Rippling People Center Inc. - Key offerings

12.12 Sage Group Plc
- Exhibit 158: Sage Group Plc - Overview
- Exhibit 159: Sage Group Plc - Business segments
- Exhibit 160: Sage Group Plc - Key offerings
- Exhibit 161: Sage Group Plc - Segment focus

12.13 SAP SE
- Exhibit 162: SAP SE - Overview
- Exhibit 163: SAP SE - Business segments
- Exhibit 164: SAP SE - Key news
- Exhibit 165: SAP SE - Key offerings
- Exhibit 166: SAP SE - Segment focus

12.14 UKG Inc.
- Exhibit 167: UKG Inc. - Overview
- Exhibit 168: UKG Inc. - Product / Service
- Exhibit 169: UKG Inc. - Key offerings

12.15 Verint Systems Inc.
- Exhibit 170: Verint Systems Inc. - Overview
- Exhibit 171: Verint Systems Inc. - Product / Service
- Exhibit 172: Verint Systems Inc. - Key offerings

12.16 Workday Inc.
- Exhibit 173: Workday Inc. - Overview
- Exhibit 174: Workday Inc. - Product / Service
- Exhibit 175: Workday Inc. - Key news
- Exhibit 176: Workday Inc. - Key offerings

12.17 Zoho Corp. Pvt. Ltd.
- Exhibit 177: Zoho Corp. Pvt. Ltd. - Overview
- Exhibit 178: Zoho Corp. Pvt. Ltd. - Product / Service
- Exhibit 179: Zoho Corp. Pvt. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 180: Inclusions checklist
- Exhibit 181: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 182: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 183: Research methodology
- Exhibit 184: Validation techniques employed for market sizing
- Exhibit 185: Information sources