Workforce Analytics Market is forecast to reach $1.94 billion by 2025, after growing at a CAGR of 13.43% during 2020-2025. In recent time, enterprises are adopting workforce analytics to manage the human resource effectively.
Cloud based workforce analytics hold the largest market size during the forecast period 2020-2025 owing to its ease of use, scalability and cost effectiveness. Also, cloud-based analytics comes under limited budget, so they could be opted by small and medium scale enterprises as well. Additionally, cloud-based model features accessibility from various device platforms and demand based usage which further adds up to attract more customer attention
