NEW YORK , Nov. 12, 2024 /PRNewswire/ -- Report on how AI is redefining market landscape - The global workforce management software market size is estimated to grow by USD 3.08 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 7.66% during the forecast period. Regulatory compliance associated with workforce management is driving market growth, with a trend towards rising adoption of digital HR technology.
However, high implementation and maintenance cost of WFM software poses a challenge.Key market players include 7shifts, ActiveOps PLC, Advanced Computer Software Group Ltd., ATOSS Software AG, Automatic Data Processing Inc.
, Bamboo HR LLC, International Business Machines Corp., Koch Industries Inc., NICE Ltd.
, Oracle Corp., Panasonic Holdings Corp., Paycor Inc.
, PTC Inc., Rippling People Center Inc., Sage Group Plc, SAP SE, UKG Inc.
, Verint Systems Inc., Workday Inc., Zoho Corp.
Pvt. Ltd., and Ceridian HCM Holding Inc.
. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Workforce Management Software Market Scope Report Coverage Details Base year 2023 Historic period 2018 - 2022 Forecast period 2024-2028 Growth momentum & CAGR Accelerate at a CAGR of 7.
66% Market growth 2024-2028 USD 3077.64 million Market structure Fragmented YoY growth 2022-2023 (%) 7.46 Regional analysis North America, Europe, APAC, Middle East and Africa, and South America Performing.