The Asia Pacific Workforce Analytics Market would witness market growth of 18.4% CAGR during the forecast period (2023-2029).
The main factors fueling the growth of the workforce analytics market are the increasing need to discover talent shortages from performance data, the need to do away with long-term labor issues, the desire to obtain a competitive edge, and the need to guarantee employee satisfaction & engagement. During the projection period, it is predicted that applying blockchain and machine learning technologies in conjunction with workforce analytics will present a profitable potential for market expansion.
These elements include the accessibility of vast quantities of data related to human resources, the growth of big data, data sources, and workforce analytics tools based on artificial intelligence. Software for workforce analytics may comprehend spoken and written human language using a branch of artificial intelligence called natural language processing. By choosing people with the best credentials and education, automated resume matching made possible by integrating AI or NLP with workforce analytics solutions speeds up the screening process. For the market for workforce analytics, this is expected to open up many opportunities.
Corporations are concentrating on their workforce to obtain a competitive edge in their local markets. They are using workforce analytics to do this so they can see the internal architecture. The government's programs to promote entrepreneurship in the nation, such as Startup India, influence the industry. The company can make fact-based HR choices with workforce analytics, resulting in a favorable effect on the market. Digital technology is advancing across several sectors, including education, finance, advertising, and real estate. Companies like Japan have employed workforce analytics in the mainstream to manage worker skills, even though HR technology is believed to be a crucial component in reforming working procedures.
The China market dominated the Asia Pacific Workforce Analytics Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $400.7 million by 2029. The Japan market is estimated to grow a CAGR of 17.7% during (2023 - 2029). Additionally, The India market would experience a CAGR of 19.2% during (2023 - 2029).
Based on Component, the market is segmented into Solution and Services. Based on Vertical, the market is segmented into IT & Telecom, BFSI, Manufacturing, Retail & Ecommerce, Government, Healthcare & Life Sciences, Education, Energy & Utilities, and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Workforce Analytics Market is Projected to reach USD 4.9 Billion by 2029, at a CAGR of 17.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, SAP SE, Salesforce, Inc. (Tableau Software, LLC), Oracle Corporation, ADP, Inc., Workday, Inc., Cornerstone OnDemand, Inc. (Clearlake Capital Group, L.P.), Visier, Inc., UKG, Inc. and WorkForce Software, LLC.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Vertical
- IT & Telecom
- BFSI
- Manufacturing
- Retail & Ecommerce
- Government
- Healthcare & Life Sciences
- Education
- Energy & Utilities
- Others
By Organization size
By Deployment Mode
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- SAP SE
- Salesforce, Inc. (Tableau Software, LLC)
- Oracle Corporation
- ADP, Inc.
- Workday, Inc.
- Cornerstone OnDemand, Inc. (Clearlake Capital Group, L.P.)
- Visier, Inc.
- UKG, Inc.
- WorkForce Software, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Workforce Analytics Market, by Component
1.4.2 Asia Pacific Workforce Analytics Market, by Vertical
1.4.3 Asia Pacific Workforce Analytics Market, by Organization size
1.4.4 Asia Pacific Workforce Analytics Market, by Deployment Mode
1.4.5 Asia Pacific Workforce Analytics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, May – 2023, Mar) Leading Players
Chapter 4. Asia Pacific Workforce Analytics Market by Component
4.1 Asia Pacific Solution Market by Country
4.2 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific Workforce Analytics Market by Vertical
5.1 Asia Pacific IT & Telecom Market by Country
5.2 Asia Pacific BFSI Market by Country
5.3 Asia Pacific Manufacturing Market by Country
5.4 Asia Pacific Retail & Ecommerce Market by Country
5.5 Asia Pacific Government Market by Country
5.6 Asia Pacific Healthcare & Life Sciences Market by Country
5.7 Asia Pacific Education Market by Country
5.8 Asia Pacific Energy & Utilities Market by Country
5.9 Asia Pacific Other Vertical Market by Country
Chapter 6. Asia Pacific Workforce Analytics Market by Organization size
6.1 Asia Pacific Large Enterprises Market by Country
6.2 Asia Pacific SMEs Market by Country
Chapter 7. Asia Pacific Workforce Analytics Market by Deployment Mode
7.1 Asia Pacific On-premise Market by Country
7.2 Asia Pacific Cloud Market by Country
Chapter 8. Asia Pacific Workforce Analytics Market by Country
8.1 China Workforce Analytics Market
8.1.1 China Workforce Analytics Market by Component
8.1.2 China Workforce Analytics Market by Vertical
8.1.3 China Workforce Analytics Market by Organization size
8.1.4 China Workforce Analytics Market by Deployment Mode
8.2 Japan Workforce Analytics Market
8.2.1 Japan Workforce Analytics Market by Component
8.2.2 Japan Workforce Analytics Market by Vertical
8.2.3 Japan Workforce Analytics Market by Organization size
8.2.4 Japan Workforce Analytics Market by Deployment Mode
8.3 India Workforce Analytics Market
8.3.1 India Workforce Analytics Market by Component
8.3.2 India Workforce Analytics Market by Vertical
8.3.3 India Workforce Analytics Market by Organization size
8.3.4 India Workforce Analytics Market by Deployment Mode
8.4 South Korea Workforce Analytics Market
8.4.1 South Korea Workforce Analytics Market by Component
8.4.2 South Korea Workforce Analytics Market by Vertical
8.4.3 South Korea Workforce Analytics Market by Organization size
8.4.4 South Korea Workforce Analytics Market by Deployment Mode
8.5 Singapore Workforce Analytics Market
8.5.1 Singapore Workforce Analytics Market by Component
8.5.2 Singapore Workforce Analytics Market by Vertical
8.5.3 Singapore Workforce Analytics Market by Organization size
8.5.4 Singapore Workforce Analytics Market by Deployment Mode
8.6 Malaysia Workforce Analytics Market
8.6.1 Malaysia Workforce Analytics Market by Component
8.6.2 Malaysia Workforce Analytics Market by Vertical
8.6.3 Malaysia Workforce Analytics Market by Organization size
8.6.4 Malaysia Workforce Analytics Market by Deployment Mode
8.7 Rest of Asia Pacific Workforce Analytics Market
8.7.1 Rest of Asia Pacific Workforce Analytics Market by Component
8.7.2 Rest of Asia Pacific Workforce Analytics Market by Vertical
8.7.3 Rest of Asia Pacific Workforce Analytics Market by Organization size
8.7.4 Rest of Asia Pacific Workforce Analytics Market by Deployment Mode
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.5.3 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 SAP SE
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Acquisition and Mergers:
9.2.5.3 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Salesforce, Inc. (Tableau Software, LLC)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.3.5.3 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Oracle Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 ADP, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Recent strategies and developments:
9.5.4.1 Product Launches and Product Expansions:
9.5.4.2 Acquisition and Mergers:
9.6 Workday, Inc.
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Partnerships, Collaborations, and Agreements:
9.6.4.2 Acquisition and Mergers:
9.7 Cornerstone OnDemand, Inc. (Clearlake Capital Group, L.P.)
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Product Launches and product Expansions:
9.7.2.2 Acquisitions and Mergers:
9.8 Visier, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.9 UKG, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Acquisition and Mergers:
9.10. WorkForce Software, LLC
9.10.1 Company Overview
TABLE 1 Asia Pacific Workforce Analytics Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Workforce Analytics Market, 2023 - 2029, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Workforce Analytics Market
TABLE 4 Product Launches And Product Expansions– Workforce Analytics Market
TABLE 5 Acquisition and Mergers– Workforce Analytics Market
TABLE 6 Asia Pacific Workforce Analytics Market by Component, 2019 - 2022, USD Million
TABLE 7 Asia Pacific Workforce Analytics Market by Component, 2023 - 2029, USD Million
TABLE 8 Asia Pacific Solution Market by Country, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Solution Market by Country, 2023 - 2029, USD Million
TABLE 10 Asia Pacific Services Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Services Market by Country, 2023 - 2029, USD Million
TABLE 12 Asia Pacific Workforce Analytics Market by Vertical, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Workforce Analytics Market by Vertical, 2023 - 2029, USD Million
TABLE 14 Asia Pacific IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 15 Asia Pacific IT & Telecom Market by Country, 2023 - 2029, USD Million
TABLE 16 Asia Pacific BFSI Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific BFSI Market by Country, 2023 - 2029, USD Million
TABLE 18 Asia Pacific Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Manufacturing Market by Country, 2023 - 2029, USD Million
TABLE 20 Asia Pacific Retail & Ecommerce Market by Country, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Retail & Ecommerce Market by Country, 2023 - 2029, USD Million
TABLE 22 Asia Pacific Government Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Government Market by Country, 2023 - 2029, USD Million
TABLE 24 Asia Pacific Healthcare & Life Sciences Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Healthcare & Life Sciences Market by Country, 2023 - 2029, USD Million
TABLE 26 Asia Pacific Education Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Education Market by Country, 2023 - 2029, USD Million
TABLE 28 Asia Pacific Energy & Utilities Market by Country, 2019 - 2022, USD Million
TABLE 29 Asia Pacific Energy & Utilities Market by Country, 2023 - 2029, USD Million
TABLE 30 Asia Pacific Other Vertical Market by Country, 2019 - 2022, USD Million
TABLE 31 Asia Pacific Other Vertical Market by Country, 2023 - 2029, USD Million
TABLE 32 Asia Pacific Workforce Analytics Market by Organization size, 2019 - 2022, USD Million
TABLE 33 Asia Pacific Workforce Analytics Market by Organization size, 2023 - 2029, USD Million
TABLE 34 Asia Pacific Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 35 Asia Pacific Large Enterprises Market by Country, 2023 - 2029, USD Million
TABLE 36 Asia Pacific SMEs Market by Country, 2019 - 2022, USD Million
TABLE 37 Asia Pacific SMEs Market by Country, 2023 - 2029, USD Million
TABLE 38 Asia Pacific Workforce Analytics Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 39 Asia Pacific Workforce Analytics Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 40 Asia Pacific On-premise Market by Country, 2019 - 2022, USD Million
TABLE 41 Asia Pacific On-premise Market by Country, 2023 - 2029, USD Million
TABLE 42 Asia Pacific Cloud Market by Country, 2019 - 2022, USD Million
TABLE 43 Asia Pacific Cloud Market by Country, 2023 - 2029, USD Million
TABLE 44 Asia Pacific Workforce Analytics Market by Country, 2019 - 2022, USD Million
TABLE 45 Asia Pacific Workforce Analytics Market by Country, 2023 - 2029, USD Million
TABLE 46 China Workforce Analytics Market, 2019 - 2022, USD Million
TABLE 47 China Workforce Analytics Market, 2023 - 2029, USD Million
TABLE 48 China Workforce Analytics Market by Component, 2019 - 2022, USD Million
TABLE 49 China Workforce Analytics Market by Component, 2023 - 2029, USD Million
TABLE 50 China Workforce Analytics Market by Vertical, 2019 - 2022, USD Million
TABLE 51 China Workforce Analytics Market by Vertical, 2023 - 2029, USD Million
TABLE 52 China Workforce Analytics Market by Organization size, 2019 - 2022, USD Million
TABLE 53 China Workforce Analytics Market by Organization size, 2023 - 2029, USD Million
TABLE 54 China Workforce Analytics Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 55 China Workforce Analytics Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 56 Japan Workforce Analytics Market, 2019 - 2022, USD Million
TABLE 57 Japan Workforce Analytics Market, 2023 - 2029, USD Million
TABLE 58 Japan Workforce Analytics Market by Component, 2019 - 2022, USD Million
TABLE 59 Japan Workforce Analytics Market by Component, 2023 - 2029, USD Million
TABLE 60 Japan Workforce Analytics Market by Vertical, 2019 - 2022, USD Million
TABLE 61 Japan Workforce Analytics Market by Vertical, 2023 - 2029, USD Million
TABLE 62 Japan Workforce Analytics Market by Organization size, 2019 - 2022, USD Million
TABLE 63 Japan Workforce Analytics Market by Organization size, 2023 - 2029, USD Million
TABLE 64 Japan Workforce Analytics Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 65 Japan Workforce Analytics Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 66 India Workforce Analytics Market, 2019 - 2022, USD Million
TABLE 67 India Workforce Analytics Market, 2023 - 2029, USD Million
TABLE 68 India Workforce Analytics Market by Component, 2019 - 2022, USD Million
TABLE 69 India Workforce Analytics Market by Component, 2023 - 2029, USD Million
TABLE 70 India Workforce Analytics Market by Vertical, 2019 - 2022, USD Million
TABLE 71 India Workforce Analytics Market by Vertical, 2023 - 2029, USD Million
TABLE 72 India Workforce Analytics Market by Organization size, 2019 - 2022, USD Million
TABLE 73 India Workforce Analytics Market by Organization size, 2023 - 2029, USD Million
TABLE 74 India Workforce Analytics Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 75 India Workforce Analytics Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 76 South Korea Workforce Analytics Market, 2019 - 2022, USD Million
TABLE 77 South Korea Workforce Analytics Market, 2023 - 2029, USD Million
TABLE 78 South Korea Workforce Analytics Market by Component, 2019 - 2022, USD Million
TABLE 79 South Korea Workforce Analytics Market by Component, 2023 - 2029, USD Million
TABLE 80 South Korea Workforce Analytics Market by Vertical, 2019 - 2022, USD Million
TABLE 81 South Korea Workforce Analytics Market by Vertical, 2023 - 2029, USD Million
TABLE 82 South Korea Workforce Analytics Market by Organization size, 2019 - 2022, USD Million
TABLE 83 South Korea Workforce Analytics Market by Organization size, 2023 - 2029, USD Million
TABLE 84 South Korea Workforce Analytics Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 85 South Korea Workforce Analytics Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 86 Singapore Workforce Analytics Market, 2019 - 2022, USD Million
TABLE 87 Singapore Workforce Analytics Market, 2023 - 2029, USD Million
TABLE 88 Singapore Workforce Analytics Market by Component, 2019 - 2022, USD Million
TABLE 89 Singapore Workforce Analytics Market by Component, 2023 - 2029, USD Million
TABLE 90 Singapore Workforce Analytics Market by Vertical, 2019 - 2022, USD Million
TABLE 91 Singapore Workforce Analytics Market by Vertical, 2023 - 2029, USD Million
TABLE 92 Singapore Workforce Analytics Market by Organization size, 2019 - 2022, USD Million
TABLE 93 Singapore Workforce Analytics Market by Organization size, 2023 - 2029, USD Million
TABLE 94 Singapore Workforce Analytics Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 95 Singapore Workforce Analytics Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 96 Malaysia Workforce Analytics Market, 2019 - 2022, USD Million
TABLE 97 Malaysia Workforce Analytics Market, 2023 - 2029, USD Million
TABLE 98 Malaysia Workforce Analytics Market by Component, 2019 - 2022, USD Million
TABLE 99 Malaysia Workforce Analytics Market by Component, 2023 - 2029, USD Million
TABLE 100 Malaysia Workforce Analytics Market by Vertical, 2019 - 2022, USD Million
TABLE 101 Malaysia Workforce Analytics Market by Vertical, 2023 - 2029, USD Million
TABLE 102 Malaysia Workforce Analytics Market by Organization size, 2019 - 2022, USD Million
TABLE 103 Malaysia Workforce Analytics Market by Organization size, 2023 - 2029, USD Million
TABLE 104 Malaysia Workforce Analytics Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 105 Malaysia Workforce Analytics Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 106 Rest of Asia Pacific Workforce Analytics Market, 2019 - 2022, USD Million
TABLE 107 Rest of Asia Pacific Workforce Analytics Market, 2023 - 2029, USD Million
TABLE 108 Rest of Asia Pacific Workforce Analytics Market by Component, 2019 - 2022, USD Million
TABLE 109 Rest of Asia Pacific Workforce Analytics Market by Component, 2023 - 2029, USD Million
TABLE 110 Rest of Asia Pacific Workforce Analytics Market by Vertical, 2019 - 2022, USD Million
TABLE 111 Rest of Asia Pacific Workforce Analytics Market by Vertical, 2023 - 2029, USD Million
TABLE 112 Rest of Asia Pacific Workforce Analytics Market by Organization size, 2019 - 2022, USD Million
TABLE 113 Rest of Asia Pacific Workforce Analytics Market by Organization size, 2023 - 2029, USD Million
TABLE 114 Rest of Asia Pacific Workforce Analytics Market by Deployment Mode, 2019 - 2022, USD Million
TABLE 115 Rest of Asia Pacific Workforce Analytics Market by Deployment Mode, 2023 - 2029, USD Million
TABLE 116 Key information – IBM Corporation
TABLE 117 Key Information – SAP SE
TABLE 118 Key Information – Salesforce, Inc.
TABLE 119 Key Information – Oracle Corporation
TABLE 120 Key Information – ADP, Inc.
TABLE 121 Key Information – Workday, Inc.
TABLE 122 Key information – Cornerstone OnDemand, Inc.
TABLE 123 Key Information – Visier, Inc.
TABLE 124 Key Information – UKG, Inc.
TABLE 125 Key Information – WorkForce Software, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2020, May – 2023, Mar) Leading Players
FIG 5 Recent strategies and developments: IBM Corporation
FIG 6 Swot analysis: IBM Corporation
FIG 7 Recent strategies and developments: SAP SE
FIG 8 SWOT Analysis: SAP SE
FIG 9 Recent strategies and developments: Salesforce, Inc.
FIG 10 SWOT Analysis: Salesforce.com, Inc.
FIG 11 SWOT analysis: Oracle Corporation
FIG 12 Recent strategies and developments: ADP, Inc.
FIG 13 Recent strategies and developments: Workday, Inc.
FIG 14 Recent strategies and developments: Cornerstone OnDemand, Inc.
FIG 15 Recent strategies and developments: Visier, Inc.