Time And Attendance Software Market
PUBLISHED: 2020 ID: SMRC19822
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Time And Attendance Software Market

Time and Attendance Software - Global Market Outlook (2019 -2027)

4.6 (85 reviews)
4.6 (85 reviews)
Published: 2020 ID: SMRC19822

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Time and Attendance Software Market is accounted for $1,317.38 million in 2019 and is expected to reach $2,493.09 million by 2027 growing at a CAGR of 8.3% during the forecast period. Customization of the software (cater to the needs of different groups of employees) and growing integration with financial analytics are the major factors propelling the market growth. However, cost of installation of this software is hampering the market growth.

Time and attendance software is a business application developed to optimize and track the number of work hours of an employee, which helps keep record of wages and salaries paid. It provides management personnel with diverse tools to help maximize cash flow and minimize waste.

Based on the type, the biometric segment is going to have a lucrative growth during the forecast period due to its property of serving different individuals and organizations, ardently looking for first-rate security. Furthermore, they are helpful in monitoring the activities of various people entering and leaving the organization, these devices are becoming mandatory security systems.

By geography, North America is going to have a lucrative growth during the forecast period due to the presence of global players in the U.S. Growing organization sizes and increasing application area of time and attendance software is the major factor which is supporting the market for time and attendance software in North American region. 

Some of the key players profiled in the Time and Attendance Software Market include ADP, Acumen Data, Cornerstone OnDemand, Inc, Halogen Software Inc, IBM Corporation, Icon Time Systems, InfoTronics, Insperity, Kronos Incorporated, Oracle, Redcort, Replicon, SAP, SumTotal Systems, LLC, Synerion, TSheets, Ultimate Software, and Workday, Inc.

Types Covered:
• Biometric
• Interactive Voice Response (IVR)
• Proximity Cards, Badges, and Key Fobs
• Time Cards
• Web-based Login Stations
• Cloud Based

Channels Covered:
• Direct Sales
• Distributor

Organization Structures Covered:
• Large
• Medium
• Small

Applications Covered:
• Businesses with Hourly Employees
• Businesses that Track Billable Hours
• Freelancers
• Human Resources Departments

End Users Covered:
• Banking, Financial services and Insurance (BFSI)
• Government
• Healthcare
• Hospital
• IT and Telecom
• Manufacturing
• Office Building
• Retail

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary           
            
2 Preface  
        
 2.1 Abstract          
 2.2 Stake Holders          
 2.3 Research Scope          
 2.4 Research Methodology          
  2.4.1 Data Mining         
  2.4.2 Data Analysis         
  2.4.3 Data Validation         
  2.4.4 Research Approach         
 2.5 Research Sources          
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions         
            
3 Market Trend Analysis           
 3.1 Introduction          
 3.2 Drivers          
 3.3 Restraints          
 3.4 Opportunities          
 3.5 Threats          
 3.6 Application Analysis          
 3.7 End User Analysis          
 3.8 Emerging Markets          
 3.9 Impact of Covid-19          
            
4 Porters Five Force Analysis           
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry          
            
5 Global Time and Attendance Software Market, By Type           
 5.1 Introduction          
 5.2 Biometric          
 5.3 Interactive Voice Response (IVR)          
 5.4 Proximity Cards, Badges, and Key Fobs          
 5.5 Time Cards          
 5.6 Web-based Login Stations          
 5.7 Cloud Based          
            
6 Global Time and Attendance Software Market, By Channel           
 6.1 Introduction          
 6.2 Direct Sales          
 6.3 Distributor          
            
7 Global Time and Attendance Software Market, By Organization Structure           
 7.1 Introduction          
 7.2 Large          
 7.3 Medium          
 7.4 Small          
            
8 Global Time and Attendance Software Market, By Application           
 8.1 Introduction 
 8.2 Businesses with Hourly Employees          
 8.3 Businesses that Track Billable Hours          
 8.4 Freelancers          
 8.5 Human Resources Departments          
            
9 Global Time and Attendance Software Market, By End User           
 9.1 Introduction          
 9.2 Banking, Financial services and Insurance (BFSI)          
 9.3 Government          
 9.4 Healthcare          
 9.5 Hospital          
 9.6 IT and Telecom          
 9.7 Manufacturing          
 9.8 Office Building          
 9.9 Retail          
            
10 Global Time and Attendance Software Market, By Geography           
 10.1 Introduction          
 10.2 North America          
  10.2.1 US         
  10.2.2 Canada         
  10.2.3 Mexico         
 10.3 Europe          
  10.3.1 Germany         
  10.3.2 UK         
  10.3.3 Italy         
  10.3.4 France         
  10.3.5 Spain         
  10.3.6 Rest of Europe         
 10.4 Asia Pacific          
  10.4.1 Japan         
  10.4.2 China         
  10.4.3 India         
  10.4.4 Australia         
  10.4.5 New Zealand         
  10.4.6 South Korea         
  10.4.7 Rest of Asia Pacific         
 10.5 South America          
  10.5.1 Argentina         
  10.5.2 Brazil         
  10.5.3 Chile         
  10.5.4 Rest of South America         
 10.6 Middle East & Africa          
  10.6.1 Saudi Arabia         
  10.6.2 UAE         
  10.6.3 Qatar         
  10.6.4 South Africa         
  10.6.5 Rest of Middle East & Africa         
            
11 Key Developments           
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures          
 11.2 Acquisitions & Mergers          
 11.3 New Product Launch          
 11.4 Expansions          
 11.5 Other Key Strategies          
            
12 Company Profiling           
 12.1 ADP          
 12.2 Acumen Data          
 12.3 Cornerstone OnDemand, Inc          
 12.4 Halogen Software Inc          
 12.5 IBM Corporation          
 12.6 Icon Time Systems          
 12.7 InfoTronics          
 12.8 Insperity          
 12.9 Kronos Incorporated          
 12.10 Oracle          
 12.11 Redcort          
 12.12 Replicon          
 12.13 SAP          
 12.14 SumTotal Systems, LLC          
 12.15 Synerion          
 12.16 TSheets          
 12.17 Ultimate Software          
 12.18 Workday, Inc


List of Tables            
1 Global Time and Attendance Software Market Outlook, By Region (2018-2027) ($MN)           
2 Global Time and Attendance Software Market Outlook, By Type (2018-2027) ($MN)           
3 Global Time and Attendance Software Market Outlook, By Biometric (2018-2027) ($MN)           
4 Global Time and Attendance Software Market Outlook, By Interactive Voice Response (IVR) (2018-2027) ($MN)
5 Global Time and Attendance Software Market Outlook, By Proximity Cards, Badges, and Key Fobs (2018-2027) ($MN)           
6 Global Time and Attendance Software Market Outlook, By Time Cards (2018-2027) ($MN)           
7 Global Time and Attendance Software Market Outlook, By Web-based Login Stations (2018-2027) ($MN)           
8 Global Time and Attendance Software Market Outlook, By Cloud Based (2018-2027) ($MN)           
9 Global Time and Attendance Software Market Outlook, By Channel (2018-2027) ($MN)           
10 Global Time and Attendance Software Market Outlook, By Direct Sales (2018-2027) ($MN)           
11 Global Time and Attendance Software Market Outlook, By Distributor (2018-2027) ($MN)           
12 Global Time and Attendance Software Market Outlook, By Organization Structure (2018-2027) ($MN)           
13 Global Time and Attendance Software Market Outlook, By Large (2018-2027) ($MN)           
14 Global Time and Attendance Software Market Outlook, By Medium (2018-2027) ($MN)           
15 Global Time and Attendance Software Market Outlook, By Small (2018-2027) ($MN)           
16 Global Time and Attendance Software Market Outlook, By Application (2018-2027) ($MN)           
17 Global Time and Attendance Software Market Outlook, By Businesses with Hourly Employees (2018-2027) ($MN)
18 Global Time and Attendance Software Market Outlook, By Businesses that Track Billable Hours (2018-2027) ($MN)           
19 Global Time and Attendance Software Market Outlook, By Freelancers (2018-2027) ($MN)           
20 Global Time and Attendance Software Market Outlook, By Human Resources Departments (2018-2027) ($MN)
21 Global Time and Attendance Software Market Outlook, By End User (2018-2027) ($MN)           
22 Global Time and Attendance Software Market Outlook, By Banking, Financial services and Insurance (BFSI) (2018-2027) ($MN)           
23 Global Time and Attendance Software Market Outlook, By Government (2018-2027) ($MN)           
24 Global Time and Attendance Software Market Outlook, By Healthcare (2018-2027) ($MN)           
25 Global Time and Attendance Software Market Outlook, By Hospital (2018-2027) ($MN)           
26 Global Time and Attendance Software Market Outlook, By IT and Telecom (2018-2027) ($MN)           
27 Global Time and Attendance Software Market Outlook, By Manufacturing (2018-2027) ($MN)           
28 Global Time and Attendance Software Market Outlook, By Office Building (2018-2027) ($MN)           
29 Global Time and Attendance Software Market Outlook, By Retail (2018-2027) ($MN)           
30 North America Time and Attendance Software Market Outlook, By Country (2018-2027) ($MN)           
31 North America Time and Attendance Software Market Outlook, By Type (2018-2027) ($MN)           
32 North America Time and Attendance Software Market Outlook, By Biometric (2018-2027) ($MN)           
33 North America Time and Attendance Software Market Outlook, By Interactive Voice Response (IVR) (2018-2027) ($MN)           
34 North America Time and Attendance Software Market Outlook, By Proximity Cards, Badges, and Key Fobs (2018-2027) ($MN)           
35 North America Time and Attendance Software Market Outlook, By Time Cards (2018-2027) ($MN)           
36 North America Time and Attendance Software Market Outlook, By Web-based Login Stations (2018-2027) ($MN)
37 North America Time and Attendance Software Market Outlook, By Cloud Based (2018-2027) ($MN)           
38 North America Time and Attendance Software Market Outlook, By Channel (2018-2027) ($MN)           
39 North America Time and Attendance Software Market Outlook, By Direct Sales (2018-2027) ($MN)           
40 North America Time and Attendance Software Market Outlook, By Distributor (2018-2027) ($MN)           
41 North America Time and Attendance Software Market Outlook, By Organization Structure (2018-2027) ($MN
42 North America Time and Attendance Software Market Outlook, By Large (2018-2027) ($MN)           
43 North America Time and Attendance Software Market Outlook, By Medium (2018-2027) ($MN)           
44 North America Time and Attendance Software Market Outlook, By Small (2018-2027) ($MN)           
45 North America Time and Attendance Software Market Outlook, By Application (2018-2027) ($MN)           
46 North America Time and Attendance Software Market Outlook, By Businesses with Hourly Employees (2018-2027) ($MN)           
47 North America Time and Attendance Software Market Outlook, By Businesses that Track Billable Hours (2018-2027) ($MN)           
48 North America Time and Attendance Software Market Outlook, By Freelancers (2018-2027) ($MN)           
49 North America Time and Attendance Software Market Outlook, By Human Resources Departments (2018-2027) ($MN)           
50 North America Time and Attendance Software Market Outlook, By End User (2018-2027) ($MN)           
51 North America Time and Attendance Software Market Outlook, By Banking, Financial services and Insurance (BFSI) (2018-2027) ($MN)           
52 North America Time and Attendance Software Market Outlook, By Government (2018-2027) ($MN)           
53 North America Time and Attendance Software Market Outlook, By Healthcare (2018-2027) ($MN)           
54 North America Time and Attendance Software Market Outlook, By Hospital (2018-2027) ($MN)           
55 North America Time and Attendance Software Market Outlook, By IT and Telecom (2018-2027) ($MN)           
56 North America Time and Attendance Software Market Outlook, By Manufacturing (2018-2027) ($MN)           
57 North America Time and Attendance Software Market Outlook, By Office Building (2018-2027) ($MN)           
58 North America Time and Attendance Software Market Outlook, By Retail (2018-2027) ($MN)           
59 Europe Time and Attendance Software Market Outlook, By Country (2018-2027) ($MN)           
60 Europe Time and Attendance Software Market Outlook, By Type (2018-2027) ($MN)           
61 Europe Time and Attendance Software Market Outlook, By Biometric (2018-2027) ($MN)           
62 Europe Time and Attendance Software Market Outlook, By Interactive Voice Response (IVR) (2018-2027) ($MN)           
63 Europe Time and Attendance Software Market Outlook, By Proximity Cards, Badges, and Key Fobs (2018-2027) ($MN)           
64 Europe Time and Attendance Software Market Outlook, By Time Cards (2018-2027) ($MN)           
65 Europe Time and Attendance Software Market Outlook, By Web-based Login Stations (2018-2027) ($MN)           
66 Europe Time and Attendance Software Market Outlook, By Cloud Based (2018-2027) ($MN)           
67 Europe Time and Attendance Software Market Outlook, By Channel (2018-2027) ($MN)           
68 Europe Time and Attendance Software Market Outlook, By Direct Sales (2018-2027) ($MN)           
69 Europe Time and Attendance Software Market Outlook, By Distributor (2018-2027) ($MN)           
70 Europe Time and Attendance Software Market Outlook, By Organization Structure (2018-2027) ($MN)           
71 Europe Time and Attendance Software Market Outlook, By Large (2018-2027) ($MN)           
72 Europe Time and Attendance Software Market Outlook, By Medium (2018-2027) ($MN)           
73 Europe Time and Attendance Software Market Outlook, By Small (2018-2027) ($MN)           
74 Europe Time and Attendance Software Market Outlook, By Application (2018-2027) ($MN)           
75 Europe Time and Attendance Software Market Outlook, By Businesses with Hourly Employees (2018-2027) ($MN)
76 Europe Time and Attendance Software Market Outlook, By Businesses that Track Billable Hours (2018-2027) ($MN)           
77 Europe Time and Attendance Software Market Outlook, By Freelancers (2018-2027) ($MN)           
78 Europe Time and Attendance Software Market Outlook, By Human Resources Departments (2018-2027) ($MN)
79 Europe Time and Attendance Software Market Outlook, By End User (2018-2027) ($MN)           
80 Europe Time and Attendance Software Market Outlook, By Banking, Financial services and Insurance (BFSI) (2018-2027) ($MN)           
81 Europe Time and Attendance Software Market Outlook, By Government (2018-2027) ($MN)           
82 Europe Time and Attendance Software Market Outlook, By Healthcare (2018-2027) ($MN)           
83 Europe Time and Attendance Software Market Outlook, By Hospital (2018-2027) ($MN)           
84 Europe Time and Attendance Software Market Outlook, By IT and Telecom (2018-2027) ($MN)           
85 Europe Time and Attendance Software Market Outlook, By Manufacturing (2018-2027) ($MN)           
86 Europe Time and Attendance Software Market Outlook, By Office Building (2018-2027) ($MN)           
87 Europe Time and Attendance Software Market Outlook, By Retail (2018-2027) ($MN)           
88 Asia Pacific Time and Attendance Software Market Outlook, By Country (2018-2027) ($MN)           
89 Asia Pacific Time and Attendance Software Market Outlook, By Type (2018-2027) ($MN)           
90 Asia Pacific Time and Attendance Software Market Outlook, By Biometric (2018-2027) ($MN)           
91 Asia Pacific Time and Attendance Software Market Outlook, By Interactive Voice Response (IVR) (2018-2027) ($MN)           
92 Asia Pacific Time and Attendance Software Market Outlook, By Proximity Cards, Badges, and Key Fobs (2018-2027) ($MN)           
93 Asia Pacific Time and Attendance Software Market Outlook, By Time Cards (2018-2027) ($MN)           
94 Asia Pacific Time and Attendance Software Market Outlook, By Web-based Login Stations (2018-2027) ($MN)
95 Asia Pacific Time and Attendance Software Market Outlook, By Cloud Based (2018-2027) ($MN)           
96 Asia Pacific Time and Attendance Software Market Outlook, By Channel (2018-2027) ($MN)           
97 Asia Pacific Time and Attendance Software Market Outlook, By Direct Sales (2018-2027) ($MN)           
98 Asia Pacific Time and Attendance Software Market Outlook, By Distributor (2018-2027) ($MN)           
99 Asia Pacific Time and Attendance Software Market Outlook, By Organization Structure (2018-2027) ($MN)           
100 Asia Pacific Time and Attendance Software Market Outlook, By Large (2018-2027) ($MN)           
101 Asia Pacific Time and Attendance Software Market Outlook, By Medium (2018-2027) ($MN)           
102 Asia Pacific Time and Attendance Software Market Outlook, By Small (2018-2027) ($MN)           
103 Asia Pacific Time and Attendance Software Market Outlook, By Application (2018-2027) ($MN)           
104 Asia Pacific Time and Attendance Software Market Outlook, By Businesses with Hourly Employees (2018-2027) ($MN)           
105 Asia Pacific Time and Attendance Software Market Outlook, By Businesses that Track Billable Hours (2018-2027) ($MN)           
106 Asia Pacific Time and Attendance Software Market Outlook, By Freelancers (2018-2027) ($MN)           
107 Asia Pacific Time and Attendance Software Market Outlook, By Human Resources Departments (2018-2027) ($MN)           
108 Asia Pacific Time and Attendance Software Market Outlook, By End User (2018-2027) ($MN)           
109 Asia Pacific Time and Attendance Software Market Outlook, By Banking, Financial services and Insurance (BFSI) (2018-2027) ($MN)           
110 Asia Pacific Time and Attendance Software Market Outlook, By Government (2018-2027) ($MN)           
111 Asia Pacific Time and Attendance Software Market Outlook, By Healthcare (2018-2027) ($MN)           
112 Asia Pacific Time and Attendance Software Market Outlook, By Hospital (2018-2027) ($MN)           
113 Asia Pacific Time and Attendance Software Market Outlook, By IT and Telecom (2018-2027) ($MN)           
114 Asia Pacific Time and Attendance Software Market Outlook, By Manufacturing (2018-2027) ($MN)           
115 Asia Pacific Time and Attendance Software Market Outlook, By Office Building (2018-2027) ($MN)           
116 Asia Pacific Time and Attendance Software Market Outlook, By Retail (2018-2027) ($MN)           
117 South America Time and Attendance Software Market Outlook, By Country (2018-2027) ($MN)           
118 South America Time and Attendance Software Market Outlook, By Type (2018-2027) ($MN)           
119 South America Time and Attendance Software Market Outlook, By Biometric (2018-2027) ($MN)           
120 South America Time and Attendance Software Market Outlook, By Interactive Voice Response (IVR) (2018-2027) ($MN)           
121 South America Time and Attendance Software Market Outlook, By Proximity Cards, Badges, and Key Fobs (2018-2027) ($MN)           
122 South America Time and Attendance Software Market Outlook, By Time Cards (2018-2027) ($MN)           
123 South America Time and Attendance Software Market Outlook, By Web-based Login Stations (2018-2027) ($MN)
124 South America Time and Attendance Software Market Outlook, By Cloud Based (2018-2027) ($MN)           
125 South America Time and Attendance Software Market Outlook, By Channel (2018-2027) ($MN)           
126 South America Time and Attendance Software Market Outlook, By Direct Sales (2018-2027) ($MN)           
127 South America Time and Attendance Software Market Outlook, By Distributor (2018-2027) ($MN)           
128 South America Time and Attendance Software Market Outlook, By Organization Structure (2018-2027) ($MN)
129 South America Time and Attendance Software Market Outlook, By Large (2018-2027) ($MN)           
130 South America Time and Attendance Software Market Outlook, By Medium (2018-2027) ($MN)           
131 South America Time and Attendance Software Market Outlook, By Small (2018-2027) ($MN)           
132 South America Time and Attendance Software Market Outlook, By Application (2018-2027) ($MN)           
133 South America Time and Attendance Software Market Outlook, By Businesses with Hourly Employees (2018-2027) ($MN)           
134 South America Time and Attendance Software Market Outlook, By Businesses that Track Billable Hours (2018-2027) ($MN)           
135 South America Time and Attendance Software Market Outlook, By Freelancers (2018-2027) ($MN)           
136 South America Time and Attendance Software Market Outlook, By Human Resources Departments (2018-2027) ($MN)           
137 South America Time and Attendance Software Market Outlook, By End User (2018-2027) ($MN)           
138 South America Time and Attendance Software Market Outlook, By Banking, Financial services and Insurance (BFSI) (2018-2027) ($MN)           
139 South America Time and Attendance Software Market Outlook, By Government (2018-2027) ($MN)           
140 South America Time and Attendance Software Market Outlook, By Healthcare (2018-2027) ($MN)           
141 South America Time and Attendance Software Market Outlook, By Hospital (2018-2027) ($MN)           
142 South America Time and Attendance Software Market Outlook, By IT and Telecom (2018-2027) ($MN)           
143 South America Time and Attendance Software Market Outlook, By Manufacturing (2018-2027) ($MN)           
144 South America Time and Attendance Software Market Outlook, By Office Building (2018-2027) ($MN)           
145 South America Time and Attendance Software Market Outlook, By Retail (2018-2027) ($MN)           
146 Middle East & Africa Time and Attendance Software Market Outlook, By Country (2018-2027) ($MN)           
147 Middle East & Africa Time and Attendance Software Market Outlook, By Type (2018-2027) ($MN)           
148 Middle East & Africa Time and Attendance Software Market Outlook, By Biometric (2018-2027) ($MN)           
149 Middle East & Africa Time and Attendance Software Market Outlook, By Interactive Voice Response (IVR) (2018-2027) ($MN)           
150 Middle East & Africa Time and Attendance Software Market Outlook, By Proximity Cards, Badges, and Key Fobs (2018-2027) ($MN)           
151 Middle East & Africa Time and Attendance Software Market Outlook, By Time Cards (2018-2027) ($MN)           
152 Middle East & Africa Time and Attendance Software Market Outlook, By Web-based Login Stations (2018-2027) ($MN)           
153 Middle East & Africa Time and Attendance Software Market Outlook, By Cloud Based (2018-2027) ($MN)           
154 Middle East & Africa Time and Attendance Software Market Outlook, By Channel (2018-2027) ($MN)           
155 Middle East & Africa Time and Attendance Software Market Outlook, By Direct Sales (2018-2027) ($MN)           
156 Middle East & Africa Time and Attendance Software Market Outlook, By Distributor (2018-2027) ($MN)           
157 Middle East & Africa Time and Attendance Software Market Outlook, By Organization Structure (2018-2027) ($MN)           
158 Middle East & Africa Time and Attendance Software Market Outlook, By Large (2018-2027) ($MN)           
159 Middle East & Africa Time and Attendance Software Market Outlook, By Medium (2018-2027) ($MN)           
160 Middle East & Africa Time and Attendance Software Market Outlook, By Small (2018-2027) ($MN)           
161 Middle East & Africa Time and Attendance Software Market Outlook, By Application (2018-2027) ($MN)           
162 Middle East & Africa Time and Attendance Software Market Outlook, By Businesses with Hourly Employees (2018-2027) ($MN)           
163 Middle East & Africa Time and Attendance Software Market Outlook, By Businesses that Track Billable Hours (2018-2027) ($MN)           
164 Middle East & Africa Time and Attendance Software Market Outlook, By Freelancers (2018-2027) ($MN)           
165 Middle East & Africa Time and Attendance Software Market Outlook, By Human Resources Departments (2018-2027) ($MN)           
166 Middle East & Africa Time and Attendance Software Market Outlook, By End User (2018-2027) ($MN)           
167 Middle East & Africa Time and Attendance Software Market Outlook, By Banking, Financial services and Insurance (BFSI) (2018-2027) ($MN)           
168 Middle East & Africa Time and Attendance Software Market Outlook, By Government (2018-2027) ($MN)           
169 Middle East & Africa Time and Attendance Software Market Outlook, By Healthcare (2018-2027) ($MN)           
170 Middle East & Africa Time and Attendance Software Market Outlook, By Hospital (2018-2027) ($MN)           
171 Middle East & Africa Time and Attendance Software Market Outlook, By IT and Telecom (2018-2027) ($MN)
172 Middle East & Africa Time and Attendance Software Market Outlook, By Manufacturing (2018-2027) ($MN)           
173 Middle East & Africa Time and Attendance Software Market Outlook, By Office Building (2018-2027) ($MN)           
174 Middle East & Africa Time and Attendance Software Market Outlook, By Retail (2018-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

Frequently Asked Questions

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