Global Contingent Workforce Management Market Overview:
Contingent Workforce Management is the practice of directing and controlling a firm's contingent workforce, including anyone who does work for an organization on a non-permanent basis and it also encompasses finance, security, compliance, legal and risk management components in many cases. This software allows users to manage, engage and drive stakeholder collaboration all from a single, integrated platform. It helps to build resilience and agility into business with a well-managed, highly skilled, flexible workforce.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increased Adoption of Cloud-based Solutions
Market Growth Drivers:
High Benefits such as Ability to Engage, Manage and Drive Stakeholder Collaboration all From a Single, integrated Platform and Increased Applications of Contingent Workforce Management
Challenges:
Lack of Skilled Professionals
Restraints:
Technological Complexities Associated with Contingent Workforce Management Solutions
Opportunities:
Growing Demand from End-users and Increasing Demand from Various Industries
Competitive Landscape:
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.
Some of the key players profiled in the report are SAP SE (Germany), Beeline (United States), DCR Workforce (United States), Upwork Inc. (United States), Avature (United States), Neeyamo Enterprise Solutions (India), Impartx Inc. (United States), Kineo (United Kingdom), Saba Software (India), Cogent Infotech (India), Infor (United States), Oracle (United States), IBM (United States) and Zoho Corporation (India). Analyst at AMA Research see United States Players to retain maximum share of Global Contingent Workforce Management market by 2028. Considering Market by Organization Size, the sub-segment i.e. Small & Medium Enterprises will boost the Contingent Workforce Management market. Considering Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Contingent Workforce Management market. Considering Market by Deployment, the sub-segment i.e. Cloud will boost the Contingent Workforce Management market. Considering Market by Pricing Model, the sub-segment i.e. Subscription (Annual, Monthly, Quarterly) will boost the Contingent Workforce Management market.
What Can be Explored with the Contingent Workforce Management Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Contingent Workforce Management Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Contingent Workforce Management
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Contingent Workforce Management market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Contingent Workforce Management market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Contingent Workforce Management Software Developers, Emerging Companies, Research Professionals and End-users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.