Market Forecast By Type (Solutions, Services), By Deployment Type (Public Cloud, Private Cloud), By Organization Size (Large Enterprise, Small & Medium-sized Enterprise), By Vertical (BFSI, Energy & Utilities, Government & Public Sector, Retail, Healthcare, Telecom & IT, Travel & Hospitality, Manufacturing) And Competitive Landscape
Product Code: ETC4401876 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Workforce Analytics Market |
Forecast period | 2025-2031 |
CAGR | 25.20% |
Growing Sector | BFSI |
The Australia Workforce Analytics market report thoroughly covers the market by type, by Deployment Type, by Organization Size and by Vertical. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Australia workforce analytics market is expected to continue to grow in the future. This growth can be attributed to the increasing adoption of technology, as well as the need for organizations to optimize their workforce performance and improve productivity. Additionally, the shift towards cloud-based solutions is facilitating more scalable and accessible analytics platforms, ensuring smaller enterprises can also leverage these insights without substantial initial investment in IT infrastructure.
According to 6Wresearch, the Australia Workforce Analytics Market is projected to register a CAGR of 25.20% during the forecast period of 2025-2031. The growing awareness of the importance of data-driven decision-making in human resource management. Australian companies are increasingly adopting workforce analytics to optimize recruitment, enhance employee engagement, and improve overall organizational performance. This trend is further supported by the digital transformation across sectors, pushing businesses to harness the power of big data and analytics for strategic advantage. Additionally, the escalating need for compliance with various labor laws and regulations in Australia encourages the use of analytics to ensure adherence to these standards and avoid potential legal issues. Emerging trends in the Australia workforce analytics industry include the increasing incorporation of AI and machine learning technologies, which are significantly enhancing predictive analytics capabilities. This allows for more accurate forecasting of staffing needs and employee turnover, among other things. There's also a growing emphasis on real-time analytics, enabling companies to make immediate data-informed decisions about their workforce.
The Australia Workforce Analytics Market is highly competitive and includes a mix of global and local players. Some of the leading players in this market include IBM Corporation, Oracle Corporation, SAP SE, ADP LLC, Kronos Incorporated, Cornerstone OnDemand Inc., Ultimate Software Group Inc., Workday Inc., Visier, Talentsoft Group SA, and others.
The Australia government has been actively promoting the adoption of workforce analytics in various industries across the country. The Office of the Australia Information Commissioner released a guide for using data analytics in the workplace, which outlines best practices and legal considerations for organizations using workforce analytics. The government has also invested in initiatives to improve data literacy and encourage data-driven decision making in businesses. Additionally, the government has introduced regulations related to employee data privacy and protection, which are important considerations for any workforce analytics implementation.
The Australia Workforce Analytics Market growth is expected to witness significant growth in the coming years due to various factors such as increasing competition, rising labor costs, and the need for data-driven decision making. With the emergence of new technologies and tools, the market is also experiencing a shift towards cloud-based solutions that offer more scalability and flexibility. The adoption of artificial intelligence and machine learning in workforce analytics is another trend that is expected to drive market growth.
According to Dhaval, Research Manager, 6Wresearch, the Solutions category significantly leads over services. This leadership is primarily due to the sector's heavy investment in safety technologies that include advanced monitoring devices, wearables, and safety software. Solutions such as these are integral in providing the foundational infrastructure necessary for ensuring workplace safety.
When it comes to verticals, the BFSI sector remains the most popular for workforce analytics solutions in Australia. This is due to the complex nature of the industry and the need for data-driven decision making in areas such as talent acquisition, employee retention, and performance management.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Workforce Analytics Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Workforce Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Workforce Analytics Market - Industry Life Cycle |
3.4 Australia Workforce Analytics Market - Porter's Five Forces |
3.5 Australia Workforce Analytics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Workforce Analytics Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 Australia Workforce Analytics Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.8 Australia Workforce Analytics Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Australia Workforce Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cloud-based analytics solutions for workforce management |
4.2.2 Growing focus on data-driven decision-making in human resource management |
4.2.3 Rise in demand for predictive analytics tools for talent acquisition and retention |
4.3 Market Restraints |
4.3.1 Data privacy and security concerns related to handling sensitive employee information |
4.3.2 Resistance to change and lack of awareness about the benefits of workforce analytics among organizations |
5 Australia Workforce Analytics Market Trends |
6 Australia Workforce Analytics Market, By Types |
6.1 Australia Workforce Analytics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Workforce Analytics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Workforce Analytics Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.4 Australia Workforce Analytics Market Revenues & Volume, By Services, 2021-2031F |
6.2 Australia Workforce Analytics Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Workforce Analytics Market Revenues & Volume, By Public Cloud, 2021-2031F |
6.2.3 Australia Workforce Analytics Market Revenues & Volume, By Private Cloud, 2021-2031F |
6.3 Australia Workforce Analytics Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 Australia Workforce Analytics Market Revenues & Volume, By Large Enterprise, 2021-2031F |
6.3.3 Australia Workforce Analytics Market Revenues & Volume, By Small & Medium-sized Enterprise, 2021-2031F |
6.4 Australia Workforce Analytics Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Australia Workforce Analytics Market Revenues & Volume, By BFSI, 2021-2031F |
6.4.3 Australia Workforce Analytics Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.4.4 Australia Workforce Analytics Market Revenues & Volume, By Government & Public Sector, 2021-2031F |
6.4.5 Australia Workforce Analytics Market Revenues & Volume, By Retail, 2021-2031F |
6.4.6 Australia Workforce Analytics Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.7 Australia Workforce Analytics Market Revenues & Volume, By Telecom & IT, 2021-2031F |
6.4.8 Australia Workforce Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.9 Australia Workforce Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
7 Australia Workforce Analytics Market Import-Export Trade Statistics |
7.1 Australia Workforce Analytics Market Export to Major Countries |
7.2 Australia Workforce Analytics Market Imports from Major Countries |
8 Australia Workforce Analytics Market Key Performance Indicators |
8.1 Employee productivity improvements attributed to workforce analytics implementation |
8.2 Reduction in employee turnover rates after deploying workforce analytics solutions |
8.3 Increase in employee engagement scores following the use of workforce analytics tools |
9 Australia Workforce Analytics Market - Opportunity Assessment |
9.1 Australia Workforce Analytics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Workforce Analytics Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 Australia Workforce Analytics Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.4 Australia Workforce Analytics Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Australia Workforce Analytics Market - Competitive Landscape |
10.1 Australia Workforce Analytics Market Revenue Share, By Companies, 2024 |
10.2 Australia Workforce Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |