Workforce Management Software Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Workforce Management Software Market is Witnessing Increased Demand Due To the Rising Trend of Remote Work, Particularly in Sectors Like Healthcare. This Employee Management Software, Also Known As Labor Management or Staff Management Software, is Essential for Effective Business Operations. It Offers Solutions for Workforce Prediction, Scheduling, Time and Attendance Management, Task Management, and HR Management. Despite the Challenge of Integrating This New Software With Existing Procedures, The Employee Scheduling Software Provides Flexibility in Work Schedules and Rewards for Extra Working Hours. The Market is Highly Competitive and Fragmented.

Workforce Management Software Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

WFM Software Industry Overview

The Workforce Management Software Market is highly fragmented. Workforce management software is becoming increasingly important for organizations to keep their workforce organized in the current competitive scenario, recording high competition among service providers. This ensures optimal productivity, which is important to stay abreast of the changing times. Companies are introducing various innovative workforce management solutions with advanced capabilities and cloud features addressing the traditional needs of contact centers, back offices, and branches.

June 2022: ActiveOps PLC announces the launch of CaseworkiQ. It is a workforce management solution to bolster operations with large caseloads and high compliance scenarios. The new solution, CaseworkiQ, builds and expands on existing ActiveOps workforce optimization solutions, supporting case environments. The product enables customers to plan resources in line with caseload demand and service level agreements (SLAs), delivering optimized performance, reduced risk, and costs.

March 2023: In collaboration with Google Cloud, UJET, Inc., the intelligent, modern contact center platform, introduced UJET WFM. UJET delivers new business intelligence solutions for the contact center market with the launch of its workforce management suite, which is also natively available within the Google Cloud Contact Center AI Platform. To enhance the performance, contentment, and general customer experience of remote contact center agents, UJET WFM provides highly precise forecasting, scheduling, and real-time adherence monitoring.

WFM Software Market Leaders

  1. Active Operations Management International LLP

  2. NICE Systems Ltd.

  3. Oracle Corporation

  4. Infor Group

  5. UKG Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Workforce Management Software Market Concentration