Workforce Management Software Market Worth USD 4890.7

Pune, 06 Jul. 28, 2022 (GLOBE NEWSWIRE) — Workforce management software is a system intended to maximize agent labor utilization by projecting incoming call volumes and scheduling staff to exactly meet the needs, by hour of the day, day of the week, week of the month, etc. WFM systems use historical call records, which are collected from the automatic call distribution system, to project future call patterns and volumes for specified time periods. Key functions of WFM software include work scheduling, time and attendance, payroll management, task dispatching and staffing, and performance reporting.

Workforce management software market The research report is an expert analysis which mainly includes companies, types, applications, regions, countries etc. Additionally, the reports give analysis of sales, revenue, trade, competition, investment and forecast. Workforce Management Software market research covers impacts of COVID-19 on upstream, midstream and downstream industries. Additionally, this study offers detailed market estimations with emphasis on statistics on several aspects covering market dynamics such as drivers, barriers, opportunities, threats, and industry news and trends.

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The global Workforce Management Software market size is expected to reach US$4890.7 million by 2028, from US$2854.5 million in 2021, at a CAGR of 7.9% during the period 2022 -2028.

Market is split by Type, can be split into:-

  • On the site
  • Cloud-based SaaS

Market is split by Application, can be split into:-

  • Less than 100 employees
  • 100-499 Employees
  • 500-999 Employees
  • 1,000 to 4,999 employees
  • More than 5000 employees

In terms of product, on-premises is the largest segment, with a share of over 50%. And in terms of application, the largest application is

Market Segment by Region/Country comprising:-

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Spain etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia, etc.)
  • South America (Brazil, Argentina and Colombia etc.)
  • Middle East and Africa (South Africa, UAE and Saudi Arabia etc.)

North America is the largest production area, with a share of around 55%, followed by Europe and Asia, both of which have a share of over 30%.

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Major Labor Force Management Software Players including:-

  • Chronos
  • Information
  • Verint
  • NICE systems
  • Aspect
  • Labor software
  • clicksoftware
  • Calabria
  • ATOSS
  • Genesys
  • Monet software
  • InVision SA
  • teleoptic

The major global players in workforce management software are Kronos, Infor, Verint, etc. The top three global manufacturers have a share of over 45%.

Key Developments in the Workforce Management Software Market:-

  • To describe Human Resource Management Software introduction, product type and application, market overview, market analysis by country, market opportunities, market risk, market driving force
  • To analyze Workforce Management Software manufacturers, with profile, main business, news, sales, price, revenue and market share
  • View the competitive situation among global key manufacturers, with sales, revenue and market share of Workforce Management Software
  • To present the market by type and application, with sales, price, revenue, market share and growth rate by type and application.
  • To analyze key countries by manufacturers, type and application, covering North America, Europe, Asia-Pacific, Middle East and South America, with sales, revenue and market share by manufacturers, types and applications
  • To analyze manufacturing cost, key raw materials and manufacturing process etc.
  • To describe the Workforce Management Software sales channel, distributors, traders, resellers etc.

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Detailed TOC of Global Workforce Management Software Market Research Report 2022

1 Presentation of the report

2 Global Growth Trends

3 Competition Landscape by Key Players

4 Human Resource Management Software Breakdown Data by Type

5 Human Resource Management Software Breakdown Data by Application

6 North America

7Europe

8 Asia-Pacific

9 Latin America

10 Middle East and Africa

11 key player profiles

12 analysts’ views/conclusions

13 Appendix

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