Workforce Analytics Market Size to Grow by USD 1.62 billion | 33% of Market Growth to Originate from APAC | Technavio

Read the report with TOC on "Workforce Analytics Market Analysis Report by End-user (Retail, BFSI, Telecom and IT, Healthcare, and Others) and Geography (North America, Europe, APAC, South America, and Middle East and Africa) Forecasts,2022-2026". View our Report Snapshot

Driver and Challenge

The demand for efficient workforce management and recruitment is driving the growth of the workforce analytics market. A large number of companies are employing third-party talent acquisition platforms. Hence, vendors making use of new technologies. Organizations are using tech-based solutions and services for their talent acquisition needs. Many of these solutions have cognitive capabilities that are based on mobile and cloud technology. Cognitive technologies that gather data from social networks and then give actionable insights include AI, machine-to-machine learning, robotic process automation, natural language processing, and predictive algorithms.

The lack of skilled workforce will challenge the workforce analytics market during the forecast period. Companies are using workforce analytics to streamline the recruitment process while boosting quality and efficiency. The adoption of workforce analytics may be attributed to the increase in enterprise-level requirements for specialized occupations, as well as the growing talent pool. However, the gap between the growing amount of data and the number of workers with data analytics skills is widening.

Major Workforce Analytics Companies:

• Accenture Plc
• Automatic Data Processing Inc.
• Beeline.com Ltd.
• Brightfield
• Bullhorn Inc.
• Cisco Systems Inc.
• Cornerstone
• International Business Machines Corp.
• Jobvite Inc.
• Koch Industries Inc.
• Kronos Inc.
• Oracle Corp.
• Paycor Inc.
• PeopleStreme Pty Ltd.
• PredictiveHR
• Salesforce.com Inc.
• SAP SE
• Visier Inc.
• Workday Inc.
• Workforce Insight
• WorkForce Software

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Workforce Analytics Market End-user Outlook (Revenue, USD bn, 2021-2026)

• Retail - size and forecast 2021-2026
• BFSI - size and forecast 2021-2026
• Telecom and IT - size and forecast 2021-2026
• Healthcare - size and forecast 2021-2026
• Others - size and forecast 2021-2026

Workforce Analytics Market Geography Outlook (Revenue, USD bn, 2021-2026)

• North America - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• South America - size and forecast 2021-2026
• Middle East and Africa - size and forecast 2021-2026

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Regional Analysis

APAC will have the highest market share growth during the forecast period. The technological developments and relatively high maturity of the regional market in terms of technology penetration will drive the workforce analytics market growth in APAC during the forecast period. Market growth in this region will be faster than the growth of the market in other regions. China and Japan are the key countries for the workforce analytics market in APAC.

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 (Select)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 (Select)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

• 5.1 Market segments
• Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
• Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

• 5.2 Comparison by End-user
• Exhibit 26: Chart on Comparison by End-user
• Exhibit 27: Data Table on Comparison by End-user

• 5.3 Retail - Market size and forecast 2021-2026
• Exhibit 28: Chart on Retail - Market size and forecast 2021-2026 (Select)
• Exhibit 29: Data Table on Retail - Market size and forecast 2021-2026 (Select)
• Exhibit 30: Chart on Retail - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Retail - Year-over-year growth 2021-2026 (%)

• 5.4 BFSI - Market size and forecast 2021-2026
• Exhibit 32: Chart on BFSI - Market size and forecast 2021-2026 (Select)
• Exhibit 33: Data Table on BFSI - Market size and forecast 2021-2026 (Select)
• Exhibit 34: Chart on BFSI - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on BFSI - Year-over-year growth 2021-2026 (%)

• 5.5 Telecom and IT - Market size and forecast 2021-2026
• Exhibit 36: Chart on Telecom and IT - Market size and forecast 2021-2026 (Select)
• Exhibit 37: Data Table on Telecom and IT - Market size and forecast 2021-2026 (Select)
• Exhibit 38: Chart on Telecom and IT - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Telecom and IT - Year-over-year growth 2021-2026 (%)

• 5.6 Healthcare - Market size and forecast 2021-2026
• Exhibit 40: Chart on Healthcare - Market size and forecast 2021-2026 (Select)
• Exhibit 41: Data Table on Healthcare - Market size and forecast 2021-2026 (Select)
• Exhibit 42: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
• Exhibit 43: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)

• 5.7 Others - Market size and forecast 2021-2026
• Exhibit 44: Chart on Others - Market size and forecast 2021-2026 (Select)
• Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 (Select)
• Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
• Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)

• 5.8 Market opportunity by End-user
• Exhibit 48: Market opportunity by End-user (Select)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 50: Chart on Market share by geography 2021-2026 (%)
• Exhibit 51: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 52: Chart on Geographic comparison
• Exhibit 53: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 (Select)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 (Select)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 58: Chart on Europe - Market size and forecast 2021-2026 (Select)
• Exhibit 59: Data Table on Europe - Market size and forecast 2021-2026 (Select)
• Exhibit 60: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 62: Chart on APAC - Market size and forecast 2021-2026 (Select)
• Exhibit 63: Data Table on APAC - Market size and forecast 2021-2026 (Select)
• Exhibit 64: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 66: Chart on South America - Market size and forecast 2021-2026 (Select)
• Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 (Select)
• Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026
• Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 (Select)
• Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 (Select)
• Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 74: Chart on US - Market size and forecast 2021-2026 (Select)
• Exhibit 75: Data Table on US - Market size and forecast 2021-2026 (Select)
• Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 78: Chart on China - Market size and forecast 2021-2026 (Select)
• Exhibit 79: Data Table on China - Market size and forecast 2021-2026 (Select)
• Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026
• Exhibit 82: Chart on UK - Market size and forecast 2021-2026 (Select)
• Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 (Select)
• Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 (Select)
• Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 (Select)
• Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 90: Chart on Japan - Market size and forecast 2021-2026 (Select)
• Exhibit 91: Data Table on Japan - Market size and forecast 2021-2026 (Select)
• Exhibit 92: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 93: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography
• Exhibit 94: Market opportunity by geography (Select)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges
• Exhibit 95: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 97: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 98: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 99: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 100: Matrix on vendor position and classification

• 10.3 Automatic Data Processing Inc.
• Exhibit 101: Automatic Data Processing Inc. - Overview
• Exhibit 102: Automatic Data Processing Inc. - Product / Service
• Exhibit 103: Automatic Data Processing Inc. - Key offerings

• 10.4 Cornerstone
• Exhibit 104: Cornerstone - Overview
• Exhibit 105: Cornerstone - Product / Service
• Exhibit 106: Cornerstone - Key news
• Exhibit 107: Cornerstone - Key offerings

• 10.5 International Business Machines Corp.
• Exhibit 108: International Business Machines Corp. - Overview
• Exhibit 109: International Business Machines Corp. - Business segments
• Exhibit 110: International Business Machines Corp. - Key offerings
• Exhibit 111: International Business Machines Corp. - Segment focus

• 10.6 Koch Industries Inc.
• Exhibit 112: Koch Industries Inc. - Overview
• Exhibit 113: Koch Industries Inc. - Product / Service
• Exhibit 114: Koch Industries Inc. - Key offerings

• 10.7 Kronos Inc.
• Exhibit 115: Kronos Inc. - Overview
• Exhibit 116: Kronos Inc. - Product / Service
• Exhibit 117: Kronos Inc. - Key offerings

• 10.8 Oracle Corp.
• Exhibit 118: Oracle Corp. - Overview
• Exhibit 119: Oracle Corp. - Business segments
• Exhibit 120: Oracle Corp. - Key news
• Exhibit 121: Oracle Corp. - Key offerings
• Exhibit 122: Oracle Corp. - Segment focus

• 10.9 Paycor Inc.
• Exhibit 123: Paycor Inc. - Overview
• Exhibit 124: Paycor Inc. - Product / Service
• Exhibit 125: Paycor Inc. - Key offerings

• 10.10 Salesforce.com Inc.
• Exhibit 126: Salesforce.com Inc. - Overview
• Exhibit 127: Salesforce.com Inc. - Product / Service
• Exhibit 128: Salesforce.com Inc. - Key news
• Exhibit 129: Salesforce.com Inc. - Key offerings

• 10.11 SAP SE
• Exhibit 130: SAP SE - Overview
• Exhibit 131: SAP SE - Business segments
• Exhibit 132: SAP SE - Key news
• Exhibit 133: SAP SE - Key offerings
• Exhibit 134: SAP SE - Segment focus

• 10.12 Workday Inc.
• Exhibit 135: Workday Inc. - Overview
• Exhibit 136: Workday Inc. - Product / Service
• Exhibit 137: Workday Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist
• Exhibit 138: Inclusions checklist
• Exhibit 139: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 140: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 141: Research methodology
• Exhibit 142: Validation techniques employed for market sizing
• Exhibit 143: Information sources

• 11.5 List of abbreviations
• Exhibit 144: List of abbreviations

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