13.5% CAGR of “Global Hospital Workforce Management Software Market” Analysis by Oracle (U.S.), Kronos Incorporated (U.S.), SAP affiliate company (Germany), McKesson Corporation (U.S.), ADP, LLC. (U.S.), ATOSS Software AG (Germany), Ultimate Software (US), GENERAL ELECTRIC (US)

Global Hospital Workforce Management Software Market By Product Type ({Standalone Software (Time and Attendance, HR and Payroll, Scheduling Talent Management, Analytics, Others), Integrated Software}), Service (Implementation Services Support and Maintenance, Optimization Services, Training/Education Services),  Mode of Delivery  (Web-based, Cloud-based, On-premise), End user  (Hospital, Healthcare Institutions, Long Term Care), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026

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Key Market Competitors:

Few of the major competitors currently working in the hospital workforce management software market are

  • IBM Corporation (U.S.),
  • Infor (U.S.),
  • Oracle (U.S.),
  • Kronos Incorporated (U.S.),
  • SAP affiliate company (Germany),
  • McKesson Corporation (U.S.),
  • ADP, LLC. (U.S.),
  • ATOSS Software AG (Germany),
  • Ultimate Software (US),
  • GENERAL ELECTRIC (US),
  • WorkForce Software, LLC (USA),
  • Workday, Inc.(US),
  • Verint(US),
  • Red Book Connect LLC(USA),
  • dormakaba Group (Switzerland),
  • Reflexis Systems, Inc (USA),
  • NICE Systems Ltd. (Israel)

Global Hospital Workforce Management Software Market is expected to rise from its initial estimated value of USD 1270.77 billion in 2018 to an estimated value of USD 3499.72 billion by 2026, registering a CAGR of 13.5% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing demand for hospital workforce management software.

Market Definition: Global Hospital Workforce Management Software Market

Hospital workforce management software is used to manage and maintain the workforce in healthcare organization and institutions. These include different software which is used for workforce management, cost management and also employee management. The number of contingent employees has doubled over the last decade. These workers, also known as on-demand talent and freelancers, are projected to make up about 40 percent of the average company’s workforce by 2020.

Market Drivers

  • Rising need to curtail healthcare costs through effective management of healthcare workforce, this significant rise act as a driver to the market.
  • Growing need to manage regulatory compliance through effective utilization of workforce management systems, this significant growth act as a driver to the market.

Segmentation: 

  • By Product Type
    • Standalone Software
    • Time and Attendance
    • HR and Payroll
    • Scheduling Talent Management
    • Analytics
    • Others
    • Integrated Software
  • By Service
    • Implementation Services Support and Maintenance
    • Optimization Services
    • Training/Education Services
  • By Mode of Delivery
    • Web-based
    • Cloud-based
    • On-premise
  • By End User
    • Hospital
    • Healthcare Institutions
    • Long Term Care
  • By Geography
    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East & Africa

Key Developments in the Market:

  • In April 2019, IBM and FIT announced a collaboration that helps to build the creative fashion workforce of the future.
  • In January 2019, Kronos Incorporated announced an agreement with SAP that allows SAP to resell Workforce Dimensions, the next-generation workforce by Kronos, across its worldwide customer base under the name “SAP Time Management by Kronos.”

Reasons to Purchase this Report

  • Current and future of global hospital workforce management software market outlook in the developed and emerging markets
  • The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  • Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  • The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

  • All segmentation provided above in this report is represented at country level
  • All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Reason to buy the Report:

  • It helps to know that the Global Hospital Workforce Management Software Market product sections along with their future forecast.
  • It aids for making informed business decisions by utilizing a comprehensive analysis of market sections and from having whole insights of Global Hospital Workforce Management Software Market.
  • It poses a forward-looking prospect on distinct facets controlling and Global Hospital Workforce Management Software Market
  • This poses a seven-year Global Hospital Workforce Management Software Market forecast assessment primarily based mostly on the way the sectors are anticipated.
  • Global Hospital Workforce Management Software Market report contains data for historic years 2016 & 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

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About Data Bridge Market Research 8440 Articles
Hi, I am Ravi Kumar, a Blogger, Freelancer, SEO Consultant, an Internet Marketer, I am a research analyst who loves to evaluate data relating to Manufacturing industry, Management of companies and enterprises, Finance and insurance, Wholesale trade, Management, scientific, and technical consulting services

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