What is the current Workforce Analytics Market size?

The Workforce Analytics Market is projected to register a CAGR of 15.64% during the forecast period (2024-2029) Read More

Who are the key players in Workforce Analytics Market?

IBM Corporation, Oracle Corporation, Accenture plc, Capgemini SE and Tableau Software are the major companies operating in the Workforce Analytics Market. Read More

Which is the fastest growing region in Workforce Analytics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Workforce Analytics Market?

In 2024, the North America accounts for the largest market share in Workforce Analytics Market. Read More

What years does this Workforce Analytics Market cover?

The report covers the Workforce Analytics Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Workforce Analytics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Workforce Analytics Market - Size, Trends & Growth

Workforce Analytics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Workforce Analytics Software Market Companies & Share. The market is Segmented by Component Type (Solutions (Talent Acquisition and Development Optimization Services and Pay Roll and Monitoring) and Services (Professional Services and Managed Services)), by Deployment Type (On-cloud and On-premises), by Organization Size (Small- and Medium-Sized Enterprises and Large Enterprises), by End User (BFSI, Manufacturing, IT & Telecom, Healthcare, and Retail), and by Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The market size and forecasts are provided in terms of value (USD) for all the above segments.

Workforce Analytics Industry Overview

The workforce analytics market is highly competitive. Many multinational companies, such as IBM Corporation, Oracle Corporation, Accenture, and Capgemini SE, are a few of the major players. The rising demand for better structures for talent and recruiting functions is creating immense opportunities among SMEs and large enterprises.

In November 2022, to assist businesses in quickly making data-driven decisions and dealing with unforeseen disruptions, IBM unveiled new software to help organizations break down data and analytics silos. A comprehensive perspective of data sources from throughout the user's whole business is offered by the business intelligence planning, budgeting, reporting, forecasting, and dashboard capabilities of IBM Business Analytics Enterprise. To help eliminate silos and ensure that the appropriate teams have access to the appropriate data at the proper time, IBM Business Analytics Enterprise was created. For example, a company's sales, HR, and operations teams need access to data and insights from various business intelligence and planning tools for their individual needs, such as maximizing sales targets, creating workforce forecasts, or estimating operational capacity.
In October 2022, Braincourt, a provider of business intelligence and data science services, was acquired by Capgemini. The acquisition will strengthen Capgemini's in-demand data and analytics capabilities in Germany and Northern Europe. In particular, throughout the governing domains of essential business operations like finance, HR, production, and logistics, Braincourt has established a reputation for having industry-leading capabilities in business intelligence, data science, and sophisticated project management services. Leading automotive, construction, energy, and telecommunications companies are among Braincourt's clients, which are an excellent match for Capgemini's clientele.