WORKFORCE MANAGEMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (155)

Workforce Management Market, By Deployment (On-Premise and Cloud), By End User (BFSI, Media and Entertainment, Retail and E-commerce, IT and Telecom, Government, Healthcare, Transportation and Logistics, and Others), By Component (Software and Services), By Application (Workforce Analytics, Workforce Scheduling, Time and Attendance Management, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In July 2024, UKG, a U.S. based workforce management and human resource management service provider, announced a reduction of approximately 2,250 positions worldwide, accounting for 14% of their global workforce. Concurrently, Miss Jennifer Morgan, former SAP Co-CEO, was appointed as UKG's new CEO.
In May 2023, UKG introduced its Strategic Workforce Planning solution in Australia, aiming to enhance workforce management capabilities in the region
In March 2024, Gartner, a U.S. based research and consulting firm, released its Market Guide, providing insights into the evolving landscape of workforce management solutions, emphasizing the integration of AI and automation to enhance operational efficiency
In December 2023, RLDatix, a global enterprise software company, acquired Germany-based, Breitenbach Software Engineering GmbH, to expand its presence in the German workforce management market.