The Middle East and Africa Workforce Management Software market was valued at USD 0.41 billion the previous year and is expected to register a CAGR of 8.38%, reaching USD 0.65 billion in five years. The increasing usage of advanced technology, such as artificial intelligence, drives the workforce management market. The growing need of small and medium-sized organizations for the Internet of Things and the ever-increasing popularity of remote workforce solutions will intensify the demand for orkforce solutions will intensify the demand for workforce management. Smartphone penetration is increasing, and businesses focus more on human resource analytics, leading to more profitable growth prospects in the workforce management industry.
The Middle East and African Workforce Management Software Market is highly fragmented, with major players like Active Operations, Management International LLP, NICE Systems Ltd, Oracle Corporation, Infor Group, and Kronos Incorporated ( UKG Inc.). Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In February 2023, Workforce Africa, the HR solutions provider, announced its further expansion in Lesotho and Gabon. The company provides HR services like compliant payroll management, recruitment, assessment, HR support, employee benefits, independent contractor management, background verification, and more to global businesses. The expansion plans will pave the way for international businesses investing across the African continent.
In October 2022, DU Telecom signed a contract with Oracle Cloud Human Capital Management (HCM) to manage its HR processes across the UAE, including recruitment, compensation, and performance management. Due to this adaption, DU Telco will standardize HR procedures on a shared data platform, improving the organization's team management and HR services.
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