Global WFM Software Market in the Retail Industry to grow at a CAGR of 5.61% over the period 2014-2019; Finds New Report

Report forecast the global WFM software market in the retail industry to grow at a CAGR of 5.61% over the period 2014-2019.

Traditionally, workforce management was handled with the help of spreadsheets and time recording, which are time-consuming, can lead to non-productive idle times and poor customer services, and incur high operational costs. WFM software helps businesses to manage workforce scheduling, increase operational performance, and identify and solve workforce-related issues. WFM solutions can be deployed across organizations and are beneficial to all types of businesses as they ensure that the right people with the desired skills are recruited for a job.

Workforce management encompasses the following activities:

• Time, attendance, and leave management
• HR administration
• Performance management
• Budgeting of workforce
• Talent management
• Activity management
• Training and development

This report covers the present scenario and the growth prospects of the global WFM software market in the retail industry for the period 2015-2019. To calculate the market size, the report considers the revenue generated through the following.

• Issues of software licenses and subscriptions
• Software implementation cost
• Technical support
• Maintenance cost and professional services

According to the report, WFM software supports the growth of an organization by streamlining business processes and improving operational efficiency. WFM software helps SMEs to increase their revenue, improve workforce utilization, and reduce the cost of acquiring and managing their workforce. With the availability of effective WFM software, SMEs can help their sales, marketing, and support staff to function as a team and manage store activities, eliminating excessive manual processes.

Global Workforce Management Software Market in Retail Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

• Americas
• APAC
• EMEA

Key players in Global Workforce Management Software Market in Retail Industry 2015-2019:  ADP, Kronos, Oracle, Reflexis Systems and SAP

Other Prominent Vendors in the market are: ATOSS Software, Ceridian HCM Holding, Infor Global Solutions, Opterus, Primion Technology, RedPrairie, RetailNext and Vortex Connect

Market Driver

• Increased Adoption by SMEs
• For a full, detailed list, view our report

Market Challenge

• High Cost of Implementation
• For a full, detailed list, view our report

Market Trend

• Emergence of Cloud-based Approach
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 64 pages, “Global Workforce Management Software Market in Retail Industry 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Deployment Model, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4s7

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