Global Mobile Workforce Management Market Overview:
The mobile workforce management industry has never been robust, as many enterprises recognize the importance of these tools to help get the best from an increasingly mobile workforce. The mobile workforce management solutions are expected to increase in a rapid manner in the coming years. The development in the trend of bringing your own device is driving huge growth in this industry. An increasing number of large size organization is driving huge growth in this industry. Some of the players profiled in the study are SAP AG (Germany), ClickSoftware Technologies (Israel), IFS AB (Sweden), Verint (United States), Oracle Corporation (United States), ServiceMax (United States), Verizon Wireless (United States), Actsoft Inc. (United States), ADP, LLC (United States) and Airclic (Descartes Systems Group) (United States).
On the basis of geography, the market of Mobile Workforce Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud-Based will boost the Mobile Workforce Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Solutions, the sub-segment i.e. Time and Attendance Management will boost the Mobile Workforce Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Verticals, the sub-segment i.e. BFSI will boost the Mobile Workforce Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organizations Size, the sub-segment i.e. Small and Medium Size Organizations will boost the Mobile Workforce Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- The rapid development of the Internet of Things (IoT) connected devices across the globe, both on the consumer side - Smart Home devices – along with the enterprise side is driving huge growth in this industry. The increasing number of active IoT devices is expected to grow to USD 10 Bn by and it is expected to reach USD 22 bn by the year 2025.
Influencing Trend
- Increase in Trend of ‘Bring Your Own Device’ Mobile Workforce Management Solutions
- The Rise in Employee Engagement Via Mobile Workforce Management
Restraints
- The Slowdown in Economy Because of Covid-19 Pandemic
Opportunities
- Integration of Augmented Reality and Virtual Reality Technology in the Mobile Workforce Management
- BFSI Sector is Witnessing Huge Adoption of Mobile Workforce Management Solutions Owing to Important Demand in the Insurance Sector
Challenges
- Less Presence in Appropriate Technical Expertise
Key Market Developments:
In Jun 2020, Bullhorn revealed their plan to engage their workforce from registration through placement and payment. The company has announced the launch of a workforce management solution for staffing companies. Through this initiative, the company is enhancing its competency in the market.
The market is fragmented by market key players, these players are focusing on production technologies, improving efficiency, and service life. The increase in opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in business growth strategies.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Mobile Workforce Management Providers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Mobile Workforce Management market on the basis of product [
] , application [], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Mobile Workforce Management market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Mobile Workforce Management industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are Aricent (Altran Group) (United States), AT&T Inc. (United States) and MobiWork LLC (United States).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Mobile Workforce Management market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.