Workforce Analytics Market

The Rising Need for Robust Security Solution is Driving the Growth of the Workforce Analytics Market

Globally, the workforce analytics market is expected to grow with a CAGR of 16.5% during the forecast period from 2019 to 2027. The market is propelled by the growing need among organizations to enhance operational efficiency and curb operational costs. As a result, organizations are adopting technology-based solutions and services for talent acquisition needs, workforce management, and performance evaluation. Moreover, organizations are leveraging the working analytics solution to develop comprehensive workforce performance management.

The growing digital data among the organization is also encouraging the adoption of the workforce analytics solution to derive actionable insights and accelerate the market growth. Furthermore, the growing adoption of cloud-based services among organizations is also paving the way for the integration of workforce analytics solutions. However, the reluctance among the organization to shift from conventional methods to advanced software solutions is inhibiting the growth of the market. Moreover, the lack of awareness about the benefits of the solution is also a major constraint in the market’s growth.

Market Synopsis

Cloud Deployment is Estimated to Grow Significantly During the Forecast Period  

The workforce analytics market is segmented based on the deployment into on-premise and cloud. The on-premise segment accounted for more than 70% share in the revenue in 2018. The growth of the market is attributed to the control and rigid security offered by the on-premise deployment model. However, as the organization shifts towards digitalization, the demand for cloud models is anticipated to increase during the forecast period due to the cost-effectiveness and numerous other benefits offered by the model over the conventional model.

North America is Leading the Workforce Analytics Market    

North America led the global workforce analytics market in 2018, with a market share of more than 42%. The growing digitalization across the organizations in the region is the primary driver of the market growth. The growing deployment of cloud-based services among organizations is also one of the major factors accelerating the adoption of workforce analytics solutions. Furthermore, the changing market dynamics and integration of advanced technologies for workforce management also foster market growth.

The major vendors in the workforce analytics market are Aquire Inc, ADP LLC, Cornerstone OnDemand Inc, IBM Corporation, Genpact Ltd, Kronos Inc, PeopleSreme Pty Ltd, Oracle Corporation, SAP SE, Visier Inc, Tableau Software, and Workforce Software LLC.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. In addition, compounded Annual Growth Rate (CAGR) for each respective segment was calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The workforce analytics market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global workforce analytics market based on component, deployment, application, and geography.

Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary
2.1 Market Snapshot: Global WA Market
2.1.1 Global WA Market, by Component, 2018 (US$ Mn)
2.1.2 Global WA Market, by Deployment, 2018 (US$ Mn)
2.1.3 Global WA Market, by Application, 2018 (US$ Mn)
2.1.4 Global WA Market, by Geography, 2018 (US$ Mn)

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2018
3.4 Market Positioning of Key Workforce Analytics Vendors, 2018

Chapter 4 Global Workforce Analytics (WA) Market, By Component
4.1 Overview
4.1.1 Global WA Market Value Share, by Component, 2018 & 2027 (Value, %)
4.2 Software
4.2.1 Global WA Market Value from Software, 2017 – 2027(US$ Mn)
4.3 Service
4.3.1 Global WA Market Value from Service, 2017 – 2027(US$ Mn)
4.3.2 Professional Service
4.3.2.1 Global WA Market Value from Professional Service, 2017 – 2027(US$ Mn)
4.3.3 Managed Service
4.3.3.1 Global WA Market Value from Managed Service, 2017 – 2027(US$ Mn)

Chapter 5 Global Workforce Analytics (WA) Market, by Deployment
5.1 Overview
5.1.1 Global WA Market Value Share, by Deployment, 2018 & 2027 (Value, %)
5.2 On-Premise
5.2.1 Global WA Market Value from On-Premise, 2017 – 2027(US$ Mn)
5.3 Cloud
5.3.1 Global WA Market Value from Cloud, 2017 – 2027(US$ Mn)

Chapter 6 Global Workforce Analytics (WA) Market, by Application
6.1 Overview
6.1.1 Global WA Market Value Share, by Application, 2018 & 2027 (Value, %)
6.2 Aerospace & Defense
6.2.1 Global WA Market Value from Aerospace & Defense, 2017 – 2027(US$ Mn)
6.3 BFSI
6.3.1 Global WA Market Value from BFSI, 2017 – 2027(US$ Mn)
6.4 Healthcare
6.4.1 Global WA Market Value from Healthcare, 2017 – 2027(US$ Mn)
6.5 Manufacturing
6.5.1 Global WA Market Value from Manufacturing, 2017 – 2027(US$ Mn)
6.6 Retail
6.6.1 Global WA Market Value from Retail, 2017 – 2027(US$ Mn)
6.7 Telecom & IT
6.7.1 Global WA Market Value from Telecom & IT, 2017 – 2027(US$ Mn)
6.8 Others
6.8.1 Global WA Market Value from Others, 2017 – 2027(US$ Mn)

Chapter 7 North America Workforce Analytics (WA) Market Analysis, 2017 – 2027 (US$ Mn)
7.1 Overview
7.2 North America WA Market Analysis, by Component, 2017 – 2027 (US$ Mn)
7.2.1 Market Analysis
7.3 North America WA Market Analysis, by Deployment, 2017 – 2027 (US$ Mn)
7.3.1 Market Analysis
7.4 North America WA Market Analysis, by Application, 2017 – 2027 (US$ Mn)
7.4.1 Market Analysis
7.5 North America WA Market, by Country, 2017 – 2027 (US$ Mn)
7.5.1 Market Analysis
7.5.2 U.S.
7.5.2.1 U.S. WA Market Value, by Component, 2017 – 2027 (US$ Mn)
7.5.2.2 U.S. WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
7.5.2.3 U.S. WA Market Value, by Application, 2017 – 2027 (US$ Mn)
7.5.3 Canada
7.5.3.1 Canada WA Market Value, by Component, 2017 – 2027 (US$ Mn)
7.5.3.2 Canada WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
7.5.3.3 Canada WA Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 8 Europe Workforce Analytics (WA) Market Analysis, 2017 – 2027 (US$ Mn)
8.1 Overview
8.2 Europe WA Market Analysis, by Component, 2017 – 2027 (US$ Mn)
8.2.1 Market Analysis
8.3 Europe WA Market Analysis, by Deployment, 2017 – 2027 (US$ Mn)
8.3.1 Market Analysis
8.4 Europe WA Market Analysis, by Application, 2017 – 2027 (US$ Mn)
8.4.1 Market Analysis
8.5 Europe WA Market, by Country, 2017 – 2027 (US$ Mn)
8.5.1 Market Analysis
8.5.2 U.K.
8.5.2.1 U.K. WA Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.2.2 U.K. WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
8.5.2.3 U.K. WA Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.3 Germany
8.5.3.1 Germany WA Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.3.2 Germany WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
8.5.3.3 Germany WA Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.4 France
8.5.4.1 France WA Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.4.2 France WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
8.5.4.3 France WA Market Value, by Application, 2017 – 2027 (US$ Mn)
8.5.5 Rest of Europe
8.5.5.1 Rest of Europe WA Market Value, by Component, 2017 – 2027 (US$ Mn)
8.5.5.2 Rest of Europe WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
8.5.5.3 Rest of Europe WA Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 9 Asia Pacific Workforce Analytics (WA) Market Analysis, 2017 – 2027 (US$ Mn)
9.1 Overview
9.2 Asia Pacific WA Market Analysis, by Component, 2017 – 2027 (US$ Mn)
9.2.1 Market Analysis
9.3 Asia Pacific WA Market Analysis, by Deployment, 2017 – 2027 (US$ Mn)
9.3.1 Market Analysis
9.4 Asia Pacific WA Market Analysis, by Application, 2017 – 2027 (US$ Mn)
9.4.1 Market Analysis
9.5 Asia Pacific WA Market, by Country, 2017 – 2027 (US$ Mn)
9.5.1 Market Analysis
9.5.2 China
9.5.2.1 China WA Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.2.2 China WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
9.5.2.3 China WA Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.3 Japan
9.5.3.1 Japan WA Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.3.2 Japan WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
9.5.3.3 Japan WA Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.4 India
9.5.4.1 India WA Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.4.2 India WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
9.5.4.3 India WA Market Value, by Application, 2017 – 2027 (US$ Mn)
9.5.5 Rest of Asia Pacific
9.5.5.1 Rest of Asia Pacific WA Market Value, by Component, 2017 – 2027 (US$ Mn)
9.5.5.2 Rest of Asia Pacific WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
9.5.5.3 Rest of Asia Pacific WA Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 10 Rest of the World (RoW) Workforce Analytics (WA) Market Analysis, 2017 – 2027 (US$ Mn)
10.1 Overview
10.2 RoW WA Market Analysis, by Component, 2017 – 2027 (US$ Mn)
10.2.1 Market Analysis
10.3 RoW WA Market Analysis, by Deployment, 2017 – 2027 (US$ Mn)
10.3.1 Market Analysis
10.4 RoW WA Market Analysis, by Application, 2017 – 2027 (US$ Mn)
10.4.1 Market Analysis
10.5 RoW WA Market, by Country, 2017 – 2027 (US$ Mn)
10.5.1 Market Analysis
10.6 RoW WA Market, by Country (US$ Mn)
10.6.1 Market Analysis
10.6.2 Middle East & Africa (MEA)
10.6.2.1 MEA WA Market Value, by Component, 2017 – 2027 (US$ Mn)
10.6.2.2 MEA WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
10.6.2.3 MEA WA Market Value, by Application, 2017 – 2027 (US$ Mn)
10.6.3 Latin America
10.6.3.1 Latin America WA Market Value, by Component, 2017 – 2027 (US$ Mn)
10.6.3.2 Latin America WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
10.6.3.3 Latin America WA Market Value, by Application, 2017 – 2027 (US$ Mn)

Chapter 11 Company Profiles
11.1 ADP LLC
11.2 Aquire Inc.
11.3 Cornerstone OnDemand Inc.
11.4 Genpact Ltd.
11.5 IBM Corporation
11.6 Kronos Inc.
11.7 Oracle Corporation
11.8 PeopleSreme Pty Ltd
11.9 SAP SE
11.10 Tableau Software
11.11 Visier Inc.
11.12 Workforce Software LLC.

* Here we are using WA as a short form of Workforce Analytics

List of Figures

FIG. 1 Global Workforce Analytics (WA) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global WA Market Segmentation
FIG. 4 Global WA Market, by Component, 2018 (US$ Mn)
FIG. 5 Global WA Market, by Deployment, 2018 (US$ Mn)
FIG. 6 Global WA Market, by Application, 2018 (US$ Mn)
FIG. 7 Global WA Market, by Geography, 2018 (US$ Mn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Market Positioning of Key Workforce Analytics Vendors, 2018
FIG. 10 Global WA Market Value Share, by Component, 2018 & 2027 (Value, %)
FIG. 11 Global WA Market Value from Software, 2017 – 2027(US$ Mn)
FIG. 12 Global WA Market Value from Service, 2017 – 2027(US$ Mn)
FIG. 13 Global WA Market Value from Professional Service, 2017 – 2027(US$ Mn)
FIG. 14 Global WA Market Value from Managed Service, 2017 – 2027(US$ Mn)
FIG. 15 Global WA Market Value Share, by Deployment, 2018 & 2027 (Value, %)
FIG. 16 Global WA Market Value from Professional Service, 2017 – 2027(US$ Mn)
FIG. 17 Global WA Market Value from Managed Service, 2017 – 2027(US$ Mn)
FIG. 18 Global WA Market Value Share, by Application, 2018 & 2027 (Value, %)
FIG. 19 Global WA Market Value from Aerospace & Defense, 2017 – 2027(US$ Mn)
FIG. 20 Global WA Market Value from BFSI, 2017 – 2027(US$ Mn)
FIG. 21 Global WA Market Value from Healthcare, 2017 – 2027(US$ Mn)
FIG. 22 Global WA Market Value from Manufacturing, 2017 – 2027(US$ Mn)
FIG. 23 Global WA Market Value from Retail, 2017 – 2027(US$ Mn)
FIG. 24 Global WA Market Value from Telecom & IT, 2017 – 2027(US$ Mn)
FIG. 25 Global WA Market Value from Others, 2017 – 2027(US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Workforce Analytics (WA) Market Value
TABLE 2 North America WA Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 3 North America WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
TABLE 4 North America WA Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 5 North America WA Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 6 U.S. WA Market Value, by Component 2017– 2027 (US$ Mn)
TABLE 7 U.S. WA Market Value, by Deployment 2017– 2027 (US$ Mn)
TABLE 8 U.S. WA Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 9 Canada WA Market Value, by Component 2017– 2027 (US$ Mn)
TABLE 10 Canada WA Market Value, by Deployment 2017– 2027 (US$ Mn)
TABLE 11 Canada WA Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 12 Europe WA Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 13 Europe WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
TABLE 14 Europe WA Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 15 Europe WA Market Value, by Country, 2017 – 2027 (US$ Mn)
TABLE 16 U.K. WA Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 17 U.K. WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
TABLE 18 U.K. WA Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 19 Germany WA Market Value, by Component, 2017– 2027 (US$ Mn)
TABLE 20 Germany WA Market Value, by Deployment 2017 – 2027 (US$ Mn)
TABLE 21 Germany WA Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 22 France WA Market Value, by Component 2017– 2027 (US$ Mn)
TABLE 23 France WA Market Value, by Deployment 2017– 2027 (US$ Mn)
TABLE 24 France WA Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 25 Rest of Europe WA Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 26 Rest of Europe WA Market Value, by Deployment 2017 – 2027 (US$ Mn)
TABLE 27 Rest of Europe WA Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 28 Asia Pacific WA Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 29 Asia Pacific WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
TABLE 30 Asia Pacific WA Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 31 Asia Pacific WA Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 32 China WA Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 33 China WA Market Value, by Deployment 2017 – 2027 (US$ Mn)
TABLE 34 China WA Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 35 Japan WA Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 36 Japan WA Market Value, by Deployment 2017 – 2027 (US$ Mn)
TABLE 37 Japan WA Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 38 India WA Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 39 India WA Market Value, by Deployment 2017 – 2027 (US$ Mn)
TABLE 40 India WA Market Value, by Application 2017 – 2027 (US$ Mn)
TABLE 41 Rest of Asia Pacific WA Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 42 Rest of Asia Pacific WA Market Value, by Deployment 2017 – 2027 (US$ Mn)
TABLE 43 Rest of Asia Pacific WA Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 44 RoW WA Market Value, by Component, 2017 – 2027 (US$ Mn)
TABLE 45 RoW WA Market Value, by Deployment, 2017 – 2027 (US$ Mn)
TABLE 46 RoW WA Market Value, by Application, 2017 – 2027 (US$ Mn)
TABLE 47 RoW WA Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 48 RoW WA Market Value, by Country,2017 – 2027 (US$ Mn)
TABLE 49 MEA WA Market Value, by Component 2017 – 2027 (US$ Mn)
TABLE 50 MEA WA Market Value, by Deployment – 2027 (US$ Mn)
TABLE 51 MEA WA Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 52 Latin America WA Market Value, by Component – 2027 (US$ Mn)
TABLE 53 Latin America WA Market Value, by Deployment – 2027 (US$ Mn)
TABLE 54 Latin America WA Market Value, by Application2017 – 2027 (US$ Mn)
TABLE 55 ADP LLC: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 56 Aquire Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 57 Cornerstone OnDemand Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 58 Genpact Ltd.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 59 IBM Corporation: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 60 Kronos Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 61 Oracle Corporation: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 62 PeopleSreme Pty Ltd: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 63 SAP SE: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 64 Tableau Software Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 65 Visier Inc.: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 66 Workforce Software LLC: Company Snapshot (Business Description; Component Portfolio; Financial Information; Business Overview and Recent Development)