The article cited AMA's Global Mobile Workforce Management Market Study explored substantial growth with CAGR of 13.16%. According the report, Increase in Trend of ‘Bring Your Own Device’ Mobile Workforce Management Solutions
is one of the primary growth factors for the market. The rapid development of the Internet of Things (IoT) connected devices across the globe, both on the consumer side - Smart Home devices – along with the enterprise side is driving huge growth in this industry. The increasing number of active IoT devices is expected to grow to USD 10 Bn by and it is expected to reach USD 22 bn by the year 2025. is also expected to contribute significantly to the Mobile Workforce Management market. Overall, applications of Mobile Workforce Management, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Mobile Workforce Management market identified that the demand is rising in many different parts of the world as "Integration of Augmented Reality and Virtual Reality Technology in the Mobile Workforce Management
". Furthermore, some recent industry insights like "In Jun 2020, Bullhorn revealed their plan to engage their workforce from registration through placement and payment. The company has announced the launch of a workforce management solution for staffing companies. Through this initiative, the company is enhancing its competency in the market." is constantly making the industry dynamic. One of the challenges that industry facing is "Less Presence in Appropriate Technical Expertise"
The Deployment Mode, such as Cloud-Based, is boosting the Mobile Workforce Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Solutions, such as Time and Attendance Management, is boosting the Mobile Workforce Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Industry Verticals, such as BFSI, is boosting the Mobile Workforce Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Organizations Size, such as Small and Medium Size Organizations, is boosting the Mobile Workforce Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Mobile Workforce Management market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Mobile Workforce Management market and other related sub-markets covered in the study.
o Key & emerging players in the Mobile Workforce Management market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Mobile Workforce Management market size is calculated using market estimation process, the Mobile Workforce Management market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Mobile Workforce Management market size has been validated using both top-down and bottom-up approaches.