LABOR PRODUCTIVITY TRACKING MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Labor Productivity Tracking Market, By Component(Solutions and Services), By Deployment(On-premise and Cloud), By Organization Size(Small & Medium Enterprises, and Large Enterprises), By Industry Vertical (BFSI, IT & Telecom, Retail & eCommerce, Healthcare, Government, and Others), By Application (Time Tracking, Employee Monitoring, Project Management, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Labor Productivity Tracking Market -Recent Developments

New product launches

In March 2022, Hubstaff is a remote company that created a workforce management software suite that offers a proof of work and Hubstaff launched Hubstaff Tasks, a new project management software to track tasks and workflows. This strengthened its product portfolio.
In January 2021, Birch Grove Software develops and markets employee monitoring software and other utilities for network administration. Birch Grove Software launched a new time tracking solution Timesheets.com tailored to professional services organizations. It helped expand its customer base.
In October 2020 ,Toggle Technology is the pioneer in providing ready and customized business software solutions for all industries, Toggl launched a new time tracking mobile application providing users advanced time tracking features and integration with popular tools. It enhanced user experience.

Acquisition and partnerships

In October 2022, Hubstaff acquired Time Doctor , It is a time and attendance solution that can help employers monitor employee hours, activity and tasks to strengthen its presence in time tracking and employee monitoring solutions
In May 2022, Replicon is the Time intelligent company acquired Time Bill to enhance its product portfolio with legal industry-specific time tracking
In November 2021, UKG is an American multinational technology company with dual headquarters in L well, Massachusetts, and Weston, Florida and UKG acquired LaborChart to expand its employee productivity tracking solutions for healthcare industry