Workforce Management Software Market in Europe 2023-2027
Technavio has been monitoring the workforce management software market in Europe and is forecast to grow by $ 737.35 mn during 2022-2027, accelerating at a CAGR of 6.89% during the forecast period. Our report on the workforce management software market in Europe provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the need to optimize and organize the use of the workforce, increased hr software budgets, and an increasing need to streamline hr functions.
Technavio's workforce management software market in Europe is segmented as below:
By Deployment
By End-user
- IT and telecom
- BFSI
- Healthcare
- Manufacturing
- Others
This study identifies the rising adoption of digital HR technology as one of the prime reasons driving the workforce management software market growth during the next few years. Also, increasing popularity of advanced workforce analytics and high utilization of social media will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the workforce management software market in Europe covers the following areas:
- Workforce management software market sizing
- Workforce management software market forecast
- Workforce management software market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading workforce management software market vendors that include ATOSS Software AG, Automatic Data Processing Inc., Bamboo HR LLC, BizMerlinHR Inc., Ceridian HCM Holding Inc., Hi bob Inc., iCIMS Inc., International Business Machines Corp., Journyx Acumen LLC, Koch Industries Inc., Learning Technologies Group Plc, NICE Ltd., Oracle Corp., Panasonic Holdings Corp., Sage Group Plc, SAP SE, Tempo ehf, Verint Systems Inc., Workday Inc., and Zebra Technologies Corp. Also, the workforce management software market in Europe analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.