Zion Market Research Global Workforce Management Market, 2016–2024 | Page 3

Workforce Management Market
Global Workforce Management Market: Segmentation
The global workforce management market is segmented into solutions, services, deployment
types, organization sizes, verticals, and regions. Based on the solutions, the global market is
segregated into time and attendance, compensation management, talent management,
analytics, learning management, workforce scheduling and others. On the basis of the services
provided by workforce management, the global market is divided into training and education,
deployment and integration and support and maintenance. Based on the organization size the
global market is divided into large enterprises and SMEs. Based on the deployment types, the
workforce management market is categorized into cloud and on-premises. The different verticals
where the global market is utilized are BFSI, IT and telecommunication, retail, automotive,
government and public utilities, education, manufacturing, healthcare, energy and utilities and
others. Region wise the global market is diversified into the Middle East and Africa, Europe,
North America, Latin America and Asia Pacific.
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Global Workforce Management Market: Growth Factors
The growing population and the rise in the number of the small and medium enterprises are the
major factors owing to which the global workforce management market is growing. The other
key drivers of the market growth are increasing consumption of the workforce, changing
dynamics of the workforce, increased usage of the mobile phones and the availability of the
software-as-a-service management solution play a key role in the development of the global
market. The major industrial verticals where the global workforce management market has