Product Code: ETC4401868 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Singapore Workforce Analytics Market is witnessing substantial adoption, particularly in human resources and talent management. Workforce analytics tools enable organizations to gain in-depth insights into their employees` performance, engagement, and overall well-being. This empowers businesses to make data-driven decisions related to workforce management, leading to better recruitment, retention, and overall productivity.
Workforce analytics is gaining prominence in Singapore as organizations recognize the importance of data-driven HR decisions. The market is driven by the need to attract, retain, and develop top talent. Workforce analytics tools provide insights into employee performance, engagement, and workforce planning. With a competitive labor market, businesses are turning to analytics to gain a competitive edge and ensure they have the right talent in the right roles, making workforce analytics a crucial element of HR strategy.
Workforce analytics grapples with challenges related to data privacy and ethics. Gathering and analyzing employee data must be done with utmost care to respect individual privacy and comply with labor regulations. Ensuring that workforce analytics initiatives benefit both the organization and its employees, rather than leading to excessive surveillance or unfair practices, is essential. Moreover, data quality and access can be problematic, affecting the accuracy of workforce insights.
The COVID-19 pandemic accelerated the adoption of workforce analytics in Singapore. With remote work arrangements and workforce changes, businesses sought ways to manage and optimize their workforce effectively. Workforce analytics solutions played a crucial role in helping organizations make data-driven decisions related to employee performance, engagement, and workforce planning. The pandemic highlighted the importance of understanding and optimizing the workforce in rapidly changing conditions, making workforce analytics an essential tool for businesses.
The Singapore Workforce Analytics market has grown as organizations recognize the importance of data-driven HR decisions. Key players, including ADP, Kronos, and SAP SuccessFactors, have developed workforce analytics solutions that provide insights into employee performance, engagement, and retention. These solutions enable organizations to make informed decisions about their workforce, creating a more productive and engaged workforce in Singapore.
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 Singapore Workforce Analytics Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Workforce Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Workforce Analytics Market - Industry Life Cycle |
3.4 Singapore Workforce Analytics Market - Porter's Five Forces |
3.5 Singapore Workforce Analytics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Workforce Analytics Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.7 Singapore Workforce Analytics Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.8 Singapore Workforce Analytics Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Singapore Workforce Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for data-driven decision-making in human resource management |
4.2.2 Growing adoption of cloud-based analytics solutions |
4.2.3 Emphasis on enhancing workforce productivity and efficiency through analytics tools |
4.3 Market Restraints |
4.3.1 Data privacy and security concerns in handling employee data |
4.3.2 Limited awareness and understanding of the benefits of workforce analytics |
4.3.3 Resistance to change and traditional mindset in HR practices |
5 Singapore Workforce Analytics Market Trends |
6 Singapore Workforce Analytics Market, By Types |
6.1 Singapore Workforce Analytics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Workforce Analytics Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Workforce Analytics Market Revenues & Volume, By Solutions, 2021-2031F |
6.1.4 Singapore Workforce Analytics Market Revenues & Volume, By Services, 2021-2031F |
6.2 Singapore Workforce Analytics Market, By Deployment Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Workforce Analytics Market Revenues & Volume, By Public Cloud, 2021-2031F |
6.2.3 Singapore Workforce Analytics Market Revenues & Volume, By Private Cloud, 2021-2031F |
6.3 Singapore Workforce Analytics Market, By Organization Size |
6.3.1 Overview and Analysis |
6.3.2 Singapore Workforce Analytics Market Revenues & Volume, By Large Enterprise, 2021-2031F |
6.3.3 Singapore Workforce Analytics Market Revenues & Volume, By Small & Medium-sized Enterprise, 2021-2031F |
6.4 Singapore Workforce Analytics Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Singapore Workforce Analytics Market Revenues & Volume, By BFSI, 2021-2031F |
6.4.3 Singapore Workforce Analytics Market Revenues & Volume, By Energy & Utilities, 2021-2031F |
6.4.4 Singapore Workforce Analytics Market Revenues & Volume, By Government & Public Sector, 2021-2031F |
6.4.5 Singapore Workforce Analytics Market Revenues & Volume, By Retail, 2021-2031F |
6.4.6 Singapore Workforce Analytics Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.7 Singapore Workforce Analytics Market Revenues & Volume, By Telecom & IT, 2021-2031F |
6.4.8 Singapore Workforce Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.9 Singapore Workforce Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
7 Singapore Workforce Analytics Market Import-Export Trade Statistics |
7.1 Singapore Workforce Analytics Market Export to Major Countries |
7.2 Singapore Workforce Analytics Market Imports from Major Countries |
8 Singapore Workforce Analytics Market Key Performance Indicators |
8.1 Employee engagement levels |
8.2 Employee turnover rates |
8.3 Training and development ROI |
8.4 Time to fill open positions |
8.5 Employee satisfaction surveys |
9 Singapore Workforce Analytics Market - Opportunity Assessment |
9.1 Singapore Workforce Analytics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Workforce Analytics Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.3 Singapore Workforce Analytics Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.4 Singapore Workforce Analytics Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Singapore Workforce Analytics Market - Competitive Landscape |
10.1 Singapore Workforce Analytics Market Revenue Share, By Companies, 2024 |
10.2 Singapore Workforce Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |