Workforce Management (WFM) Software Market in Healthcare – Global Market Survey, Forecast & Growth Prospects Disclosed

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Infor Global Solutions Inc., Kronos Inc. and McKesson Corp. are three key vendors highlighted in a new Technavio report

London, 15 May 2015 – Technavio has published a new report on the global workforce management (WFM) software market in healthcare, which is expected to post a CAGR of nearly 13% from 2015-2019.

Workforce management software market segmentation by application, deployment model and geography

Technavio’s report analyses the solutions and products offered by market vendors and presents a comprehensive breakdown in terms of market segmentation by application, which includes time and attendance, integrated software, talent management, scheduling and analytics.   

The analysts have segmented the market projections by key geography and also by two deployment models for WFM software, namely on-premises and SaaS-based.  

“Cloud-based WFM solutions are more cost-effective than on-premises options as they enable the pay-as-you-go model. Additionally, they allow organizations to scale up modules easily and come with easy-to-use and self-explanatory apps and interfaces,” says Faisal Ghaus, Vice President of Technavio.

Workforce management (WFM) software: Market scope and calculation of market size

This report covers the present scenario and the growth prospects for global workforce management (WFM) software market in healthcare from 2015-2019. To calculate the market size, it considers the revenue generated through the installation, sale, service, licensing, technical support and maintenance of WFM software solutions.

Industry analysis includes:

Key Vendors:

  • Infor Global Solutions Inc.
  • Kronos Inc.
  • McKesson Corp.
  • SAP AG

Market Growth Drivers:

  • Need for Cost Savings
  • Growing Need for Employee Retention

Market Challenges:

  • Growing Popularity of Open-source WFM Software
  • High Implementation Costs

Market Trends:

  • Increased Demand for Cloud-based WFM Solutions
  • Development of Mobile WFM Solutions

View the Global Workforce Management (WFM) Software Market in Healthcare report.

https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….