As the corporate world awakes into a new year, it would be a brilliant idea to take stock of the workforce industry’s trends and contemplate what to expect next as relates to workforce management.

According to a research by Grand View Inc, the global workforce management market was worth $4.8 billion in the past year and will attain $11.09 billion by 2025. In 2016, the retail application sector retained the largest market share at more than 23 percent of total revenue.

The researchers postulated that the labor-intensive makeup of the segment is a major factor that leads to the embracing of workforce management solutions in such industries. Solutions like time, attendance, and absence management are also very much in high demand in those application industries.

Based on these, one can expect that solutions that convey data in real time to empower managers to effect adjustments to forecasting, scheduling and staffing automatically will continue to hold forte and record increase in demand.