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Workforce Analytics Market is expected to be 860.4 Million USD by 2020

According to a new market research report, "Workforce Analytics Market By Solution, Service (Consulting Services, System Integration Services, Managed Services), Deployment Type, End User, Vertical & by Region - Forecast to 2020", published by MarketsandMarkets, The Market size is estimated to grow from USD 422.5 Million in 2015 to USD 860.4 Million by 2020, at a Compound Annual Growth Rate (CAGR) of 15.3% from 2015 to 2020.
Browse 70 market data Tables with 53 Figures spread through 155 Pages and in-depth TOC on "Global Workforce Analytics Market"
Early buyers will receive 10% customization on this report. 
The current work culture has evolved rapidly due to the introduction of new technologies and globalization, with a limited pool of knowledgeable workforce. Eventually, it is expected that the availability of skilled workforces will shrink in the developed countries. Thus, employees have become one of the expensive assets for organizations. These changing work dynamics have increased the market demand for workforce analytics that is helping organizations cope with various customer needs and employee demands with better cost optimization.
Workforce analytics solutions expected to dominate the market during the forecast period 
The workforce analytics solutions are expected to dominate the market from 2015 to 2020 with the largest market share, due to growing workforce challenges faced by the organizations worldwide. Among the services, due to the changing work dynamics and variations in global governmental labor regulations, the demand for consulting services is expected to gain traction in the next five years.
BFSI and healthcare expected to lead the market among verticals 
The Banking, Financial Services, and Insurance (BFSI) vertical is expected to hold the largest market share in the Workforce Analytics Market in 2015. The healthcare sector is expected to grow at the highest CAGR from 2015 to 2020, in the Workforce Analytics Market. The BSFI industry will be investing greater resources in the market to focus on providing better services to customers through their limited global and local workforce. Authorities are encouraging investments in the healthcare industry in a bid to modernize and digitize the industry infrastructure and workforce.
North America expected to hold the largest market share 
North America is expected to have the largest market share and dominate the Workforce Analytics Market from 2015 to 2020, due to the presence of a large number of analytics vendors. Asia-Pacific (APAC) offers potential growth opportunities, as there is a rise in the BYOD trend and expansions in skilled workforces among SMBs and enterprises. The major vendors in the Workforce Analytics Market include ADP, IBM, Oracle, SAP, and Tableau among others.

The report covers detailed information regarding the major factors influencing the growth of the Workforce Analytics Market, such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers and acquisitions, partnerships, agreements, collaborations, and recent developments associated with the Workforce Analytics Market.
About MarketsandMarkets™ 
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

Our 850-fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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