The Latin America, Middle East and Africa Workforce Management Market would witness market growth of 14.7% CAGR during the forecast period (2023-2030).
In the ever-evolving landscape of business operations, effective human capital management is a pivotal determinant of organizational success. Workforce management, a comprehensive set of processes and technologies, has emerged as a strategic approach to optimize the utilization of human resources, enhance productivity, and align workforce strategies with overarching business goals. This multifaceted domain spans a spectrum of functions, from time and attendance tracking to labor scheduling, performance management, and beyond.
In addition, adopting workforce management solutions has undergone a remarkable evolution, reflecting the dynamic nature of work and the relentless pursuit of efficiency in the corporate landscape. Historically, manual methods dominated workforce management, with organizations relying on spreadsheets, paper-based systems, and rudimentary time clocks. However, the demand for automated solutions gained momentum as the complexity of workforce structures increased, along with the need for real-time insights and compliance adherence.
The LAMEA region has been experiencing growth in the healthcare industry, driven by population growth, urbanization, and increased healthcare spending. The demand for effective workforce management solutions will likely rise as the healthcare sector expands. As per the data published in 2023 by the International Trade Administration, Brazil is the largest healthcare sector in Latin America, spending 9.47% of its GDP on healthcare, representing US$161 billion. Thus, the growing healthcare industry in the LAMEA region will boost the demand for workforce management software.
The Brazil market dominated the LAMEA Workforce Management Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $379.3 million by 2030. The Argentina market is showcasing a CAGR of 15.4% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 14.4% during (2023 - 2030).
Based on Deployment, the market is segmented into On-premises, and Cloud. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Solution, the market is segmented into Time & Attendance Management, Workforce Scheduling, Embedded Analytics, Absence Management, and Others. Based on Application, the market is segmented into BFSI, Automotive & Manufacturing, Academia, Healthcare, Government, Retail, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Workforce Management Market is Projected to reach USD 16 Billion by 2030, at a CAGR of 10.3%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include UKG, Inc., SAP SE, Oracle Corporation, WorkForce Software, LLC, NICE Ltd., ActiveOps PLC, Infor, Inc. (Koch Industries), EG Workforce Solutions, SISQUAL Workforce Management, Lda., Blue Yonder Group, Inc. (Panasonic Holdings Corporation)
Scope of the Study
Market Segments Covered in the Report:
By Deployment
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Solution
- Time & Attendance Management
- Workforce Scheduling
- Embedded Analytics
- Absence Management
- Others
By Application
- BFSI
- Automotive & Manufacturing
- Academia
- Healthcare
- Government
- Retail
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- UKG, Inc.
- SAP SE
- Oracle Corporation
- WorkForce Software, LLC
- NICE Ltd.
- ActiveOps PLC
- Infor, Inc. (Koch Industries)
- EG Workforce Solutions
- SISQUAL Workforce Management, Lda.
- Blue Yonder Group, Inc. (Panasonic Holdings Corporation)
TABLE 1 LAMEA Workforce Management Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Workforce Management Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Workforce Management Market
TABLE 4 Product Launches And Product Expansions– Workforce Management Market
TABLE 5 Acquisition and Mergers– Workforce Management Market
TABLE 6 LAMEA Workforce Management Market by Deployment, 2019 - 2022, USD Million
TABLE 7 LAMEA Workforce Management Market by Deployment, 2023 - 2030, USD Million
TABLE 8 LAMEA On-premise Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA On-premise Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Cloud Market by Country, 2019 - 2022, USD Million
TABLE 11 LAMEA Cloud Market by Country, 2023 - 2030, USD Million
TABLE 12 LAMEA Workforce Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 13 LAMEA Workforce Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 14 LAMEA Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Small & Medium Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Small & Medium Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Workforce Management Market by Solution, 2019 - 2022, USD Million
TABLE 19 LAMEA Workforce Management Market by Solution, 2023 - 2030, USD Million
TABLE 20 LAMEA Time & Attendance Management Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Time & Attendance Management Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Workforce Scheduling Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Workforce Scheduling Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Embedded Analytics Market by Country, 2019 - 2022, USD Million
TABLE 25 LAMEA Embedded Analytics Market by Country, 2023 - 2030, USD Million
TABLE 26 LAMEA Absence Management Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Absence Management Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Workforce Management Market by Application, 2019 - 2022, USD Million
TABLE 31 LAMEA Workforce Management Market by Application, 2023 - 2030, USD Million
TABLE 32 LAMEA BFSI Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA BFSI Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Automotive & Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 35 LAMEA Automotive & Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 36 LAMEA Academia Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Academia Market by Country, 2023 - 2030, USD Million
TABLE 38 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 39 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 40 LAMEA Government Market by Country, 2019 - 2022, USD Million
TABLE 41 LAMEA Government Market by Country, 2023 - 2030, USD Million
TABLE 42 LAMEA Retail Market by Country, 2019 - 2022, USD Million
TABLE 43 LAMEA Retail Market by Country, 2023 - 2030, USD Million
TABLE 44 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 45 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 46 LAMEA Workforce Management Market by Country, 2019 - 2022, USD Million
TABLE 47 LAMEA Workforce Management Market by Country, 2023 - 2030, USD Million
TABLE 48 Brazil Workforce Management Market, 2019 - 2022, USD Million
TABLE 49 Brazil Workforce Management Market, 2023 - 2030, USD Million
TABLE 50 Brazil Workforce Management Market by Deployment, 2019 - 2022, USD Million
TABLE 51 Brazil Workforce Management Market by Deployment, 2023 - 2030, USD Million
TABLE 52 Brazil Workforce Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 53 Brazil Workforce Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 54 Brazil Workforce Management Market by Solution, 2019 - 2022, USD Million
TABLE 55 Brazil Workforce Management Market by Solution, 2023 - 2030, USD Million
TABLE 56 Brazil Workforce Management Market by Application, 2019 - 2022, USD Million
TABLE 57 Brazil Workforce Management Market by Application, 2023 - 2030, USD Million
TABLE 58 Argentina Workforce Management Market, 2019 - 2022, USD Million
TABLE 59 Argentina Workforce Management Market, 2023 - 2030, USD Million
TABLE 60 Argentina Workforce Management Market by Deployment, 2019 - 2022, USD Million
TABLE 61 Argentina Workforce Management Market by Deployment, 2023 - 2030, USD Million
TABLE 62 Argentina Workforce Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 63 Argentina Workforce Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 64 Argentina Workforce Management Market by Solution, 2019 - 2022, USD Million
TABLE 65 Argentina Workforce Management Market by Solution, 2023 - 2030, USD Million
TABLE 66 Argentina Workforce Management Market by Application, 2019 - 2022, USD Million
TABLE 67 Argentina Workforce Management Market by Application, 2023 - 2030, USD Million
TABLE 68 UAE Workforce Management Market, 2019 - 2022, USD Million
TABLE 69 UAE Workforce Management Market, 2023 - 2030, USD Million
TABLE 70 UAE Workforce Management Market by Deployment, 2019 - 2022, USD Million
TABLE 71 UAE Workforce Management Market by Deployment, 2023 - 2030, USD Million
TABLE 72 UAE Workforce Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 73 UAE Workforce Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 74 UAE Workforce Management Market by Solution, 2019 - 2022, USD Million
TABLE 75 UAE Workforce Management Market by Solution, 2023 - 2030, USD Million
TABLE 76 UAE Workforce Management Market by Application, 2019 - 2022, USD Million
TABLE 77 UAE Workforce Management Market by Application, 2023 - 2030, USD Million
TABLE 78 Saudi Arabia Workforce Management Market, 2019 - 2022, USD Million
TABLE 79 Saudi Arabia Workforce Management Market, 2023 - 2030, USD Million
TABLE 80 Saudi Arabia Workforce Management Market by Deployment, 2019 - 2022, USD Million
TABLE 81 Saudi Arabia Workforce Management Market by Deployment, 2023 - 2030, USD Million
TABLE 82 Saudi Arabia Workforce Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 83 Saudi Arabia Workforce Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 84 Saudi Arabia Workforce Management Market by Solution, 2019 - 2022, USD Million
TABLE 85 Saudi Arabia Workforce Management Market by Solution, 2023 - 2030, USD Million
TABLE 86 Saudi Arabia Workforce Management Market by Application, 2019 - 2022, USD Million
TABLE 87 Saudi Arabia Workforce Management Market by Application, 2023 - 2030, USD Million
TABLE 88 South Africa Workforce Management Market, 2019 - 2022, USD Million
TABLE 89 South Africa Workforce Management Market, 2023 - 2030, USD Million
TABLE 90 South Africa Workforce Management Market by Deployment, 2019 - 2022, USD Million
TABLE 91 South Africa Workforce Management Market by Deployment, 2023 - 2030, USD Million
TABLE 92 South Africa Workforce Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 93 South Africa Workforce Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 94 South Africa Workforce Management Market by Solution, 2019 - 2022, USD Million
TABLE 95 South Africa Workforce Management Market by Solution, 2023 - 2030, USD Million
TABLE 96 South Africa Workforce Management Market by Application, 2019 - 2022, USD Million
TABLE 97 South Africa Workforce Management Market by Application, 2023 - 2030, USD Million
TABLE 98 Nigeria Workforce Management Market, 2019 - 2022, USD Million
TABLE 99 Nigeria Workforce Management Market, 2023 - 2030, USD Million
TABLE 100 Nigeria Workforce Management Market by Deployment, 2019 - 2022, USD Million
TABLE 101 Nigeria Workforce Management Market by Deployment, 2023 - 2030, USD Million
TABLE 102 Nigeria Workforce Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 103 Nigeria Workforce Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 104 Nigeria Workforce Management Market by Solution, 2019 - 2022, USD Million
TABLE 105 Nigeria Workforce Management Market by Solution, 2023 - 2030, USD Million
TABLE 106 Nigeria Workforce Management Market by Application, 2019 - 2022, USD Million
TABLE 107 Nigeria Workforce Management Market by Application, 2023 - 2030, USD Million
TABLE 108 Rest of LAMEA Workforce Management Market, 2019 - 2022, USD Million
TABLE 109 Rest of LAMEA Workforce Management Market, 2023 - 2030, USD Million
TABLE 110 Rest of LAMEA Workforce Management Market by Deployment, 2019 - 2022, USD Million
TABLE 111 Rest of LAMEA Workforce Management Market by Deployment, 2023 - 2030, USD Million
TABLE 112 Rest of LAMEA Workforce Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 113 Rest of LAMEA Workforce Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 114 Rest of LAMEA Workforce Management Market by Solution, 2019 - 2022, USD Million
TABLE 115 Rest of LAMEA Workforce Management Market by Solution, 2023 - 2030, USD Million
TABLE 116 Rest of LAMEA Workforce Management Market by Application, 2019 - 2022, USD Million
TABLE 117 Rest of LAMEA Workforce Management Market by Application, 2023 - 2030, USD Million
TABLE 118 Key Information – ActiveOps PLC
TABLE 119 Key Information – EG Workforce Solutions
TABLE 120 Key Information – SISQUAL Workforce Management, Lda.
TABLE 121 Key Information – UKG, Inc.
TABLE 122 Key Information – SAP SE
TABLE 123 Key Information – Oracle Corporation
TABLE 124 Key Information – WorkForce Software, LLC
TABLE 125 Key Information – NICE Ltd.
TABLE 126 Key Information – Infor, Inc.
TABLE 127 Key Information – Blue Yonder Group, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Workforce Management Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Workforce Management Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2022, Feb – 2023, Nov) Leading Players
FIG 7 Porter’s Five Forces Analysis – Workforce management market
FIG 8 LAMEA Workforce Management Market share by Deployment, 2022
FIG 9 LAMEA Workforce Management Market share by Deployment, 2030
FIG 10 LAMEA Workforce Management Market by Deployment, 2019 - 2030, USD Million
FIG 11 LAMEA Workforce Management Market share by Organization Size, 2022
FIG 12 LAMEA Workforce Management Market share by Organization Size, 2030
FIG 13 LAMEA Workforce Management Market by Organization Size, 2019 - 2030, USD Million
FIG 14 LAMEA Workforce Management Market share by Solution, 2022
FIG 15 LAMEA Workforce Management Market share by Solution, 2030
FIG 16 LAMEA Workforce Management Market by Solution, 2019 - 2030, USD Million
FIG 17 LAMEA Workforce Management Market share by Application, 2022
FIG 18 LAMEA Workforce Management Market share by Application, 2030
FIG 19 LAMEA Workforce Management Market by Application, 2019 - 2030, USD Million
FIG 20 LAMEA Workforce Management Market share by Country, 2022
FIG 21 LAMEA Workforce Management Market share by Country, 2030
FIG 22 LAMEA Workforce Management Market by Country, 2019 - 2030, USD Million
FIG 23 Swot Analysis: ActiveOps PLC
FIG 24 Swot Analysis: EG Workforce Solutions
FIG 25 Swot Analysis: SISQUAL Workforce Management, Lda.
FIG 26 Recent strategies and developments: UKG, Inc.
FIG 27 Swot Analysis: UKG, Inc.
FIG 28 Recent strategies and developments: SAP SE
FIG 29 SWOT Analysis: SAP SE
FIG 30 Recent strategies and developments: Oracle Corporation
FIG 31 SWOT Analysis: Oracle Corporation
FIG 32 SWOT Analysis: NICE Ltd.
FIG 33 Recent strategies and developments: Infor Inc.,
FIG 34 SWOT Analysis: Infor, Inc.
FIG 35 Recent strategies and developments: Blue Yonder Group Inc.
FIG 36 SWOT Analysis: Blue Yonder Group, Inc.