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Workforce Analytics Market Share, Supply Demand, share and Value Chain 2016-2020

The major driving factor of workforce analytics market is increasing business competitiveness that simultaneously demands for workforce analytics
James Griffin | 15.06.2016
Workforce Analytics Market– Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020

The major driving factor of workforce analytics market is increasing business competitiveness that simultaneously demands for workforce analytics to get better business result. Changing work dynamics is another driver of workforce analytics market. The workforce analytics market expected to witness fastest growth over the forecast period. This growth can be attributed to growing need to make smarter decisions about the talent. However, lack of awareness in organization is expected to be a major restraint of workforce analytics market.

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The study segments the global workforce analytics market on the basis of type, deployment type, organization size, applications and regional segment. Different key types included in workforce analytics market are solutions and services. From which services are further categorized into consulting services, system integration services and managed services. Consulting services is one of the leading segments and expected to witness rapid growth over the forecast period.

Based on application, workforce analytics market is segmented into BFSI (banking, financial services and insurance), energy & utilities, government & public sector, retail, healthcare, telecom & IT, travel & hospitality and others. BFSI application segment accounted for largest share of overall market in 2014. This growth can be attributed to growing industrialization worldwide.

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Major regional segments analyzed in this study include North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, further bifurcation of region on the country level, which include U.S., Germany, UK, France, China, Japan and India. North America dominated workforce analytics market owing to availability of a large number of analytics vendors in this region.

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