Workforce Analytics Market

Global Workforce Analytics Market Size, Trends & Analysis - Forecasts to 2027 By Organization Size (Small Enterprises, Medium Enterprises, Large Enterprises), By Industry Verticals (BFSI, Retail and E-commerce, IT, Others), By Region (North America, Asia Pacific, Central, and South America, Europe, and the Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology
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This report was recently updated on October 2 2024 with the latest and most recent market numbers

Global Workforce Analytics Market Size

The global workforce analytics market is projected to grow from USD 2.6 billion in 2022 to USD 6.4 billion in 2027 at a CAGR value of 14.8% from 2022 to 2027.

Workforce analytics is a state-of-the-art set of data analysis tools for comprehensive performance management, assessment methods, and employee growth. Growing demand for companies on staff statistics in real-time, and insightful data on employee performance and relations are increasing demand for workforce analytics market.

Manual workforce analytics solutions are becoming increasingly automated and digitalized to eliminate human mistakes and provide accurate analysis of organizational operational trends. The development of analytics with the advent of big data, artificial intelligence, and blockchain technology is one of the key trends driving market expansion.

As businesses struggle to analyze the massive quantity of HR data structures in real-time, there is a rising demand for complex analytical tools and analytics apps. Workforce analytics for staffing needs, payment management, expertise and employee evaluation, recruitment, training management, and employee engagement is expected to increase the demand for workforce analytics.

The growing requirement to identify talent gaps from performance data, the need to eliminate long-term labor concerns, to gain a competitive edge, and to ensure employee satisfaction & engagement are the primary factors driving the workforce analytics market growth.

The use of machine learning and blockchain technologies in conjunction with workforce analytics is anticipated to offer lucrative opportunities for the market's growth over the forecast period. These factors include the availability of large volumes of human resource data, an increase in the number of data sources, big data, and artificial intelligence-based workforce analytics solutions. 

By utilizing a subsection of artificial intelligence known as natural language processing, workforce analytics software can understand both spoken and written human language. Integration of AI and NLP with workforce analytics solutions enables automated resume matching and expedites the screening process by selecting individuals with the greatest qualifications and education. This is projected to provide significant prospects for the workforce analytics market.

The market for workforce analytics is likely to develop, but challenges include compiling all the data from many sources, lacking analytical capabilities, and worries about compliance and data protection. 

global workforce analytics market

COVID-19 Impact on Global Workforce Analytics Market

The COVID-19 epidemic is projected to have a favorable effect on the growth of the workforce analytics market since more businesses are adopting the idea of working from home, which is likely to increase the demand for workforce analytics for effective and efficient workforce management.

As governments in many nations lifted the curfew, businesses were allowed to reopen to boost the economy. As a result of the large number of businesses that have already begun the hiring process, there will likely be a huge increase in demand for workforce analytics, which will allow employers to make more informed hiring decisions. It is also used to evaluate the work performance of an employee.

Ukraine-Russia War Impact on Marine Industry

The conflict between Russia and Ukraine caused significant disruptions in the markets' operations. Activities were interrupted as a result of the regional disturbances brought on by the conflict between Russia and Ukraine, which had a detrimental effect on the organization's day-to-day operations. This will act as a restraint on the workforce analytics industry in the short- to medium-term.

Global Workforce Analytics Market: By Organizational Size

The large enterprises segment held the largest share of the market during the projected period. Since large enterprises have more resources compared to small and medium-sized enterprises the adoption of workforce analytics, to use the data analysis tools for workforce performance evaluation and improvement is easier and feasible.

Global Workforce Analytics Market: By Industry Verticals

The BFSI segment is expected to hold the lion’s share of the market owing to the growing demand for employee management from banks and other financial institutions. Innovative technologies like robotic process automation and artificial intelligence will have a significant impact on banking services. Businesses in the industry are therefore expected to hire qualified staff who are well-versed in these technologies. As a result, banking organizations are adopting workforce analytics services more frequently to recruit and retain talented employees, which is driving the growth of the workforce analytics market.

The market growth for the retail and e-commerce sector is anticipated to expand at a significant CAGR over the forecast period due to the expanding demand for improved employee capabilities in this sector.

asia pacific workforce analytics market

Global Workforce Analytics Market: By Region

North America will have a dominant share in the workforce analytics market from 2022 to 2027. The growth in this region can be attributed to the fierce competition, which is driving businesses to seek out novel strategies for achieving a competitive advantage. Workforce analytics uses the data at hand to help businesses increase their efficiency. The region's growing momentum is further aided by the presence of some key players including Workday Inc., Visier Inc, Oracle Corporation, and Cornerstone OnDemand Inc.

The Asia Pacific region is expected to have the fastest growth rate during the forecast period. The expansion of the workforce analytics market growth in APAC over the forecast period is expected to be fueled by technical advancements and the region's market's comparatively high level of technological maturity. This region's market will expand more quickly than those in other regions. The primary markets for workforce analytics in APAC are China and Japan.

Global Workforce Analytics Market Share and Competitor Analysis

Accenture Plc, Automatic Data Processing Inc., Beeline.com Ltd., Brightfield, Bullhorn Inc., Oracle Corporation, Visier Inc, Workday Inc, Cornerstone OnDemand Inc., PeopleStreme Pty Inc, and Cisco Systems Inc. among others, are some of the key players in the workforce analytics market.

Please note: This is not an exhaustive list of companies profiled in the report.

Chapter 1   Research Methodology

1.1    Research Assumptions

1.2    Research Methodology

1.2.1    Estimates and Forecast Timeline

1.3    Information Procurement

1.3.1    Purchased Database

1.3.2    GME’s Internal Database

1.3.3    Primary Research

1.3.4    Secondary Sources & Third-Party Perspectives

            1.3.4.1    Company Information Sources: Annual Reports, Investor Presentation, Press Release, SEC Filling, Company Blogs & Website

1.3.4.2 Secondary Data Sources

1.4    Information or Data Analysis

1.4.1    Data Analysis Models

1.5    Market Formulation & Data Visualization

1.6    Data Validation & Publishing

1.7 Market Model

1.6.1    Model Details

1.6.1.1   Top-Down Approach

1.6.1.2   Bottom-Up Approach

1.8    Market Segmentation & Scope

1.9    Market Definition

Chapter 2   Executive Summary

2.1.   Global Market Outlook

2.2    Organization Size Outlook

2.3    Industry Vertical Outlook

2.4    Regional Outlook

Chapter 3   Global Workforce Analytics Market Trend Analysis

3.1. Market Introduction

3.2 Penetration & Growth Prospect Mapping

3.3 Impact of COVID-19 on the Workforce Analytics Market

3.4 Metric Data on Workforce Analytics Industry

3.5 Market Driver Analysis

3.5.1 Market Driver Analysis

3.5.2 Market Restraint Analysis

3.5.3 Industry Challenges

3.5.4 Industry Opportunities

3.6  Porter’s Five Analysis

3.6.1 Supplier Power

3.6.2 Buyer Power

3.6.3 Substitution Threat

3.6.4 Threat from New Entrant

3.7 Market Entry Strategies

Chapter 4   Workforce Analytics Market: Organization Size Trend Analysis

4.1    Organization Size: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

4.2    Small Enterprises

4.2.1    Market Estimates & Forecast Analysis of Small Enterprises Segment, By Region, 2019-2027 (USD Billion)

4.3   Medium Enterprises

4.3.1    Market Estimates & Forecast Analysis of Medium Enterprises Segment, By Region, 2019-2027 (USD Billion)

4.4   Large Enterprises

4.4.1    Market Estimates & Forecast Analysis of Large Enterprises Segment, By Region, 2019-2027 (USD Billion)

Chapter 5   Workforce Analytics Market: Industry Vertical Trend Analysis

5.1   Industry Vertical: Historic Data vs. Forecast Data Analysis, 2021 vs. 2027

5.2    BFSI

5.2.1    Market Estimates & Forecast Analysis of BFSI Segment, By Region, 2019-2027 (USD Billion)

5.3   Retail and E-commerce

5.3.1    Market Estimates & Forecast Analysis of Retail and E-commerce Segment, By Region, 2019-2027 (USD Billion)

5.4   IT

         5.4.1    Market Estimates & Forecast Analysis of IT Segment, By Region, 2019-2027 (USD Billion)

5.5   Others

         5.5.1    Market Estimates & Forecast Analysis of Others Segment, By Region, 2019-2027 (USD Billion)

Chapter 6   Workforce Analytics Market, By Region

6.1    Regional Outlook

6.2    North America

6.2.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

6.2.2    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.2.3    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.2.5    U.S.

6.2.5.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.2.5.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.2.6    Canada

6.2.6.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.2.6.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.5.7    Mexico

6.5.5.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.5.5.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.3    Europe

6.3.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

6.3.2    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.3.3    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.3.5    Germany

6.3.5.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.3.5.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.3.6    UK

6.3.6.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.3.6.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.3.7    France

6.3.7.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.3.7.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.3.8    Russia

6.3.8.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.3.8.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.3.9    Italy

6.3.9.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.3.9.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.3.10    Spain

6.3.10.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.3.10.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.3.11    Rest of Europe

6.3.11.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.3.11.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.4    Asia Pacific

6.4.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

6.4.2    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.4.5    China

6.4.5.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.4.5.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.4.6    India

6.4.6.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.4.6.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.4.7    Japan

6.4.7.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.4.7.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.4.8    Australia

6.4.8.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.4.8.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.4.9    South Korea

6.4.9.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.4.9.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.3.10    Rest of Asia Pacific

6.3.10.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.3.10.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.5    Central & South America

6.5.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

6.5.2    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.5.3    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.5.5    Brazil

6.5.5.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.5.5.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.5.6    Rest of Central & South America

6.5.6.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.5.6.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.6    Middle East & Africa

6.6.1    Market Estimates & Forecast Analysis, By Country 2019-2027 (USD Billion)

6.6.2    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.6.5    Saudi Arabia

6.6.5.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.6.5.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.6.6    United Arab Emirates

6.6.6.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.6.6.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.6.7    South Africa

6.6.7.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.6.67.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

6.5.8    Rest of Middle East & Africa

6.5.8.1    Market Estimates & Forecast Analysis, By Organization Size, 2019-2027 (USD Billion)

6.5.8.2    Market Estimates & Forecast Analysis, By Industry Vertical, 2019-2027 (USD Billion)

Chapter 7   Competitive Analysis

7.1    Key Global Players, Recent Developments & their Impact on the Industry

7.2    Four Quadrant Competitor Positioning Matrix

7.2.1    Key Innovators

7.2.2    Market Leaders

7.2.3    Emerging Players

7.2.4    Market Challengers

7.3    Vendor Landscape Analysis

7.4    Industry Vertical Landscape Analysis

7.5    Company Market Share Analysis, 2021

Chapter 8   Company Profile Analysis

8.1    Accenture Plc

8.1.1    Company Overview

8.1.2    Financial Analysis

8.1.3    Strategic Initiatives

8.1.4    Product Benchmarking

8.2    Automatic Data Processing Inc.

8.2.1    Company Overview

8.2.2    Financial Analysis

8.2.3    Strategic Initiatives

8.2.4    Product Benchmarking

8.3     Beeline.com Ltd.

8.3.1    Company Overview

8.3.2    Financial Analysis

8.3.3    Strategic Initiatives

8.3.4    Product Benchmarking

8.4    Brightfield

8.4.1    Company Overview

8.4.2    Financial Analysis

8.4.3    Strategic Initiatives

8.4.4    Product Benchmarking

8.5    Bullhorn Inc.

8.5.1    Company Overview

8.5.2    Financial Analysis

8.5.3    Strategic Initiatives

8.5.4    Product Benchmarking

8.6     Oracle Corporation

8.6.1    Company Overview

8.6.2    Financial Analysis

8.6.3    Strategic Initiatives

8.6.4    Product Benchmarking

8.7    Visier Inc.

8.6.1    Company Overview

8.6.2    Financial Analysis

8.6.3    Strategic Initiatives

8.6.4    Product Benchmarking

8.8    Workday Inc.

8.7.1    Company Overview

8.7.2    Financial Analysis

8.7.3    Strategic Initiatives

8.7.4    Product Benchmarking

8.9    Cornerstone OnDemand Inc.

8.8.1    Company Overview

8.8.2    Financial Analysis

8.8.3    Strategic Initiatives

8.8.4    Product Benchmarking

8.10   PeopleStreme Pty Inc.

8.10.1    Company Overview

8.10.2    Financial Analysis

8.10.3    Strategic Initiatives

8.10.4    Product Benchmarking

8.11   Other Companies

8.11.1    Company Overview

8.11.2    Financial Analysis

8.11.3    Strategic Initiatives

8.11.4    Product Benchmarking

List of Tables

1 Technological Advancements In Workforce Analytics Market

2 Global Workforce Analytics Market: Key Market Drivers

3 Global Workforce Analytics Market: Key Market Challenges

4 Global Workforce Analytics Market: Key Market Opportunities

5 Global Workforce Analytics Market: Key Market Restraints

6 Global Workforce Analytics Market Estimates & Forecast Analysis, 2019-2027 (USD Billion)

7 Global Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

8 Small Enterprises: Global Workforce Analytics Market, By Region, 2019-2027 (USD Billion)

9 Medium Enterprises: Global Workforce Analytics Market, By Region, 2019-2027 (USD Billion)

10 Large Enterprises: Global Workforce Analytics Market, By Region, 2019-2027 (USD Billion)

11 Global Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

12 BFSI: Global Workforce Analytics Market, By Region, 2019-2027 (USD Billion)

13 Retail and E-commerce: Global Workforce Analytics Market, By Region, 2019-2027 (USD Billion)

14 IT: Global Workforce Analytics Market, By Region, 2019-2027 (USD Billion)

15 Others: Global Workforce Analytics Market, By Region, 2019-2027 (USD Billion)

16 Regional Analysis: Global Workforce Analytics Market, By Region, 2019-2027 (USD Billion)

17 North America: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

18 North America: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

19 North America: Workforce Analytics Market, By Country, 2019-2027 (USD Billion)

20 U.S: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

21 U.S: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

22 Canada: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

23 Canada: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

24 Mexico: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

25 Mexico: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

26 Europe: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

27 Europe: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

28 Europe: Workforce Analytics Market, By Country, 2019-2027 (USD Billion)

29 Germany: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

30 Germany: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

31 UK: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

32 UK: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

33 France: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

34 France: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

35 Italy: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

36 Italy: Workforce Analytics Market, By Industry Vertical Ype, 2019-2027 (USD Billion)

37 Spain: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

38 Spain: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

39 Rest Of Europe: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

40 Rest Of Europe: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

41 Asia Pacific: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

42 Asia Pacific: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

43 Asia Pacific: Workforce Analytics Market, By Country, 2019-2027 (USD Billion)

44 China: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

45 China: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

46 India: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

47 India: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

48 Japan: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

49 Japan: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

50 South Korea: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

51 South Korea: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

52 Middle East & Africa: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

53 Middle East & Africa: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

54 Middle East & Africa: Workforce Analytics Market, By Country, 2019-2027 (USD Billion)

55 Saudi Arabia: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

56 Saudi Arabia: Workforce Analytics Market, By Platform, 2019-2027 (USD Billion)

57 UAE: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

58 UAE: Workforce Analytics Market, By Platform, 2019-2027 (USD Billion)

59 Central & South America: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

60 Central & South America: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

61 Central & South America: Workforce Analytics Market, By Country, 2019-2027 (USD Billion)

62 Brazil: Workforce Analytics Market, By Organization Size, 2019-2027 (USD Billion)

63 Brazil: Workforce Analytics Market, By Industry Vertical, 2019-2027 (USD Billion)

64 Accenture Plc: Products Offered

65 Automatic Data Processing Inc.: Products Offered

66 Beeline.com Ltd. Brightfield: Products Offered

67 Brightfield: Products Offered

68 Bullhorn Inc.: Products Offered

69 Oracle Corporation: Products Offered

70 Visier Inc.: Products Offered

71 Workday Inc Products Offered

72 Cornerstone OnDemand Inc: Products Offered

73 PeopleStreme Pty Inc: Products Offered

74 Q Laboratories: Products Offered

75 Other Companies: Products Offered

List of Figures

1. Global Workforce Analytics Market Segmentation & Research Scope

2. Primary Research Partners and Local Informers

3. Primary Research Process

4. Primary Research Approaches

5. Primary Research Responses

6. Global Workforce Analytics Market: Penetration & Growth Prospect Mapping

7. Global Workforce Analytics Market: Value Chain Analysis

8. Global Workforce Analytics Market  Drivers

9. Global Workforce Analytics Market  Restraints

10. Global Workforce Analytics Market  Opportunities

11. Global Workforce Analytics Market  Challenges

12. Key Workforce Analytics Market  Manufacturer Analysis

13. Global Workforce Analytics Market: Porter’s Five Forces Analysis

14. PESTLE Analysis & Impact Analysis

15. Accenture Plc: Company Snapshot

16. Accenture Plc: Swot Analysis

17. Automatic Data Processing Inc.: Company Snapshot

18. Automatic Data Processing Inc.: Swot Analysis

19. Beeline.com Ltd. Brightfield: Company Snapshot

20. Beeline.com Ltd. Brightfield: Swot Analysis

21. Brightfield: Company Snapshot

22. Brightfield: Swot Analysis

23. Oracle Corporation: Company Snapshot

24. Oracle Corporation: Swot Analysis

25. Bullhorn Inc.: Company Snapshot

26. Bullhorn Inc.: Swot Analysis

27. Visier Inc.: Company Snapshot

28. Visier Inc.: Swot Analysis

29. Workday Inc Company Snapshot

30. Workday Inc Swot Analysis

31. Cornerstone OnDemand Inc: Company Snapshot

32. Cornerstone OnDemand Inc: Swot Analysis

33. PeopleStreme Pty Inc: Company Snapshot

34. PeopleStreme Pty Inc: Swot Analysis

35. Other Companies: Company Snapshot

36. Other Companies: Swot Analysis

The Global Workforce Analytics Market has been studied from the year 2019 till 2027. However, the CAGR provided in the report is from the year 2022 to 2027. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Workforce Analytics Market.

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

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Frequently Asked Questions

The global workforce analytics market is projected to grow from USD 2.6 billion in 2022 to USD 6.4 billion in 2027 at a CAGR value of 14.8% from 2022 to 2027.
Accenture Plc, Automatic Data Processing Inc., Beeline.com Ltd., Brightfield, Bullhorn Inc., Oracle Corporation, Visier Inc, Workday Inc, Cornerstone OnDemand Inc, PeopleStreme Pty Inc., and Cisco Systems Inc. among others, are some of the key players in the workforce analytics market.
The Covid-19 epidemic is projected to have a favorable effect on the growth of the workforce analytics market since more businesses are adopting the idea of working from home, which is likely to increase the demand for workforce analytics for effective and efficient workforce management.
The rise in the requirement to identify talent gaps from performance data, the need to eliminate long-term labor concerns, to gain a competitive edge, and to ensure employee satisfaction & engagement are the primary factors driving the workforce analytics market growth.
The conflict between Russia and Ukraine caused significant disruptions in the markets operations. Activities were interrupted as a result of the regional disturbances brought on by the conflict between Russia and Ukraine, which had a detrimental effect on the organizations day-to-day operations. This will act as a restraint on the workforce analytics industry in the short- to medium-term.

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