TechNavio recognizes the following companies as the key players in the Global Workforce Management Software market in the Retail industry: Automatic Data Processing Inc., Kronos Inc., Oracle Corp., SAP AG, and Reflexis Systems Inc.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Workforce Management Software market in the Retail industry is the cost reduction as a result of high competition. Competition among WFM players worldwide is increasing, which in turn is leading to an increase in price wars. This has forced many vendors to reduce the overall price of the product. Another reason for cost reduction is the availability of numerous local vendors that offer low-cost WFM solutions. This has forced WFM vendors to reduce the price as compared to their competitors with a view to capture the market. Moreover, vendors are decreasing prices to tap SMEs in the market.”
According to the report, one of the main factors driving the market is the increased investment from the retail industry in developing countries, which is due to the increase in the purchasing power of people in Eastern countries, compared to people in other regions. Further, both domestic and international products are being adopted in various developing courtiers.
Further, the report states that one of the main challenges is the limitations in network infrastructure in developing countries. . However, due to limited infrastructure facilities, developing countries such as African countries, India, Sri Lanka, Pakistan, and Bangladesh are unable to provide the necessary support for enabling cloud-based and mobile workforce management solutions.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Atoss Software AG, Infor Global Solutions, RedPrairie Corp., and Primion Technology AG.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-workforce-management-software-mar…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Workforce Management Software Market in the Retail Industry 2012-2016
