Workforce Analytics Market- Size, Share, Analysis and Global Industry Trends

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MarketsandMarkets Presents
Workforce Analytics Market Set To Witness
Significant Growth In The Coming
Years http//www.marketsandmarkets.com/Market-Rep
orts/workforce-analytics-market-122082467.html

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The report "Workforce Analytics Market by
Solution, by Service (Consulting Services, System
Integration, Managed Services), by Deployment, by
Organization Size, by Vertical, by Region -
Global Forecast and Analysis to 2020", The
workforce analytics market size is estimated to
grow from USD 422.5 Million in 2015 to USD 860.4
Million by 2020, at a Compound Annual Growth Rate
(CAGR) of 15.3 from 2015 to 2020.
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Browse 70 market data tables with 53 figures
spread through 155 pages and in-depth TOC on
"Workforce Analytics Market - Global Forecast and
Analysis to 2020" http//www.marketsandmarkets.c
om/Market-Reports/workforce-analytics-market-12208
2467.html
 
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Early buyers will receive 10 customization on
this report. The current work culture has
evolved rapidly due to the introduction of new
technologies and globalization, with a limited
pool of knowledgeable workforce. Eventually, it
is expected that the availability of skilled
workforces will shrink in the developed
countries. Thus, employees have become one of the
expensive assets for organizations. These
changing work dynamics have increased the market
demand for workforce analytics that is helping
organizations cope with various customer needs
and employee demands with better cost
optimization. Workforce analytics solutions
expected to dominate the market during the
forecast period The workforce analytics
solutions are expected to dominate the market
from 2015 to 2020 with the largest market share,
due to growing workforce challenges faced by the
organizations worldwide. Among the services, due
to the changing work dynamics and variations in
global governmental labor regulations, the demand
for consulting services is expected to gain
traction in the next five years.
 
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BFSI and healthcare expected to lead the market
among verticals   The Banking, Financial
Services, and Insurance (BFSI) vertical is
expected to hold the largest market share in the
workforce analytics market in 2015. The
healthcare sector is expected to grow at the
highest CAGR from 2015 to 2020, in the workforce
analytics market. The BSFI industry will be
investing greater resources in the market to
focus on providing better services to customers
through their limited global and local workforce.
Authorities are encouraging investments in the
healthcare industry in a bid to modernize and
digitize the industry infrastructure and
workforce.   North America expected to hold the
largest market share   North America is expected
to have the largest market share and dominate the
workforce analytics market from 2015 to 2020, due
to the presence of a large number of analytics
vendors. Asia-Pacific (APAC) offers potential
growth opportunities, as there is a rise in the
BYOD trend and expansions in skilled workforces
among SMBs and enterprises.  
 
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The major vendors in the workforce analytics
market include ADP, IBM, Oracle, SAP, and Tableau
among others.   The report covers detailed
information regarding the major factors
influencing the growth of the workforce analytics
market, such as drivers, restraints, challenges,
and opportunities. A detailed analysis of the key
industry players has been done to provide
insights into their business overview, products
and services, key strategies, new product
launches, mergers and acquisitions, partnerships,
agreements, collaborations, and recent
developments associated with the workforce
analytics market.  
 
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