Workforce Analytics Market Outlook 2025 |The Insight Partners Workforce Analytics Market Outlook 2025 |The Insig | Page 4
Workforce Analytics Market to 2025
The global market is categorized on the basis of type, deployment type, verticals and region. Based on type, the
market is bifurcated into two sections, viz., services and solutions. Workforce analytics tools are the software tool
that facilitate an organization to manage its task force. Whereas, the services are the equivalent business consulting,
deployment of solutions and professional opinions that are offered to an organizations post deployment of the
workforce analytics tools. Based upon deployment type, work force analytics market is further categorized into
cloud based and on-premise. An on–premise workforce analytics tool permits organization to build-up the
infrastructure within the company’s premises. While, cloud-based workforce analytics demand for networked
services connected with distantly located cloud storage that are offered by the software service provider. The
workforce analytics becomes vital in examining man power in an organizations with high responsibility of workers.
In terms of industry verticals, the market is further segmented into IT & Telecom, retail, manufacturing, healthcare
& research, government & public sector, banking, financial services & insurance (BFSI), education, media &
entertainment and travel & hospitality. government & public and BFSI segment is expected to dominate the overall
workforce analytics market in the nearing future. Being a global market, the region wise segment comprises of
North America, Europe, Asia-Pacific, South America and Middle East and Africa. In North America enhancement of
work analytics tools in terms of its interface and end result has caused the product penetration yet deeper. In
developing provinces such as APAC and SAM the adoption of system is expect to boost with emergence of enhanced
analytical skills.
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