Remote Workforce Management Software Market to Witness Growth Acceleration by 2031

The global remote workforce management software market is anticipated to grow at a considerable CAGR of 11.4% during the forecast period. The increasing adoption of remote workforce management software in various industries drives remote workforce management software.

The construction industry often experiences fluctuations in demand due to market conditions, seasonality, and new product launches. Remote workforce management software allowed automotive companies to scale their workforce based on demand and effectively manage remote teams.For instance, in July 2022, Procore Technologies, Inc., a provider of construction management software, launched a new solution for the construction industry. Procore Workforce Management, which features two key products including Field Productivity as well as, Workforce Planning, formerly known as LaborChart.

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BFSI companies utilized remote workforce management software to track employee productivity, optimize work schedules, and ensure the right talent was available at the right times to meet business demands. For instance, in December 2022, the Bank of Thailand (BOT) has selected Oracle Fusion Cloud Human Capital Management (HCM), a complete HR system to promote a digital workforce with an improved employee experience. With the help of Oracle Cloud HCM, the BOT will be able to reduce manual processes and improve workflows. In addition, the key players are continuously introducing new features for software to propel market growth. For instance, in October 2022, NetSuite introduced several new features for CPQ, workforce management, embedded banking, and warehouse management for its cloud ERP platform.

Further, the COVID-19 pandemic forced automotive companies to adopt remote work and virtual collaboration to ensure business continuity. Remote workforce management software became essential for managing remote employees, including engineers, designers, sales representatives, and customer support staff.

Global Remote Workforce Management Software Market Report Segment

By Type

  • Performance and Goal Management,
  • Workforce Scheduling and Workforce Analytics
  • Time and Attendance Management
  • Absence and Leave Management
  • Other Software (Task Management, Fatigue Management)

By Deployment Mode

  • On-premise
  • Cloud

By Industry Vertical

  • BFSI
  • Consumer Goods and Retail
  • Automotive
  • Energy and Utilities
  • Healthcare
  • Manufacturing
  • Other (Education, Government)

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Remote Workforce Management Software Market Report Segment by Region

 

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

 

  • 7shifts Employee Scheduling Software Inc. (7shifts)
  • ActiveOps PLC
  • ADP LLC
  • Advanced Computer Software Group Ltd
  • Atoss Software AG
  • Blue Yonder Group, Inc. (Panasonic Corp.)
  • IBM Corp.
  • Infor Group
  • Mitrefinch Ltd. (Advanced Computer Software Group Ltd)
  • NICE Ltd.
  • Reflexis Systems Inc.

 

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