The report of Global Proximity Market by Organization Size (Small and Medium Enterprises and Large Enterprises), Deployment (Cloud-based and On-Premises), By Region (North America, APAC, Europe, ME & Africa and Latin America) is expected to grow at xx % through 2020 to 2027, reaching US$ XX Mn.
Key players of Proximity Market are SAP SE, UKG Inc., Oracle, Workday, Inc., Cornerstone, BullseyeEngagement LLC, Saba Software, Kinixsys, Inc., Willis Towers Watson, PayScale, Inc., ADP, Kronos Incorporated, HRsoft, Curo, TALENTSOFT, PeopleFluent, CWS Software and Beqom.
The global market for Proximity will be powered by the rising demand for automation of the proximity planning process. The use of reimbursement software leads to decreased paperwork for different procedures, increased performance, and reduced administrative costs and time. In addition, the rising acceptance of cloud-based solutions, along with technological advancement across small, medium, and large-scale companies, is expected to fuel market growth in the years to come. Furthermore, the market is expected to be fueled over the evaluation period by a growing propensity to deploy solutions that would streamline and automate various HR-related processes to boost efficiency and talent acquisition and retention strategies.
Increased demand for the method of automated proximity management will assist in streamlined automation to ease the preparation and processing of implementations (policy, procedures, legislation, and others) for reimbursement. It eliminates paperwork, enhances productivity, simplifies the process, and provides a centralized place to handle all employee proximity-related activities and saves the expense and time of administration while ensuring optimum efficiency with reduced manual errors.
An emerging trend in the global market for Proximity is organization’s rising preference for the use of digital HR technology. For the purpose of implementing HR technologies that include communication and updating for tasks such as attendance policies, meeting reminders, communication of information about new regulations in the company, and so on, smartphones have emerged as a preferred work platform for employees. This development is expected to continue in the future and will raise the worldwide demand for proximity apps.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about Global Proximity Market. The report encompasses the market by different segments, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in Global Proximity Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explains Global Proximity Market positioning of competitors.
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