Market Overview:
The global absence and leave management software market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth of the market can be attributed to the increasing adoption of cloud-based solutions, growing demand for automated solutions, and rising number of small enterprises. However, lack of awareness about leave management software among small enterprises is expected to restrain the growth of the market during the forecast period. On the basis of type, the global absence and leave management software market is segmented into cloud-based and on-premises. The cloud-based segment is projected to grow at a higher CAGR than on-premises during the forecast period owing to its advantages such as low cost, scalability, and easy deployment & upgradation. Based on application, large enterprises (1000+ users) are expected to hold a major share in terms revenue in 2018 followed by medium sized enterprise (499–1000 users) and small enterprise (1–499 users).
Product Definition:
Absence & Leave Management Software is a software that helps organizations manage employee absences and leaves. It allows managers to track employee leave requests, approve or deny leave, and keep track of employees' time off. This software can also help employers identify patterns in employees' absences and leaves, which can help with planning future staff needs.
Cloud-Based:
Cloud-based software is a type of absent & leave management software that provides an electronic record of employees absences and leaves. The absence and leave information is entered into the system by the employee or obtained from another source (i.e. Human Resources Department) via a web interface, which allows authorized personnel to view the employee’s absence history in one location.
On-Premises:
On-premises software is a type of employee management software that is installed and used on the end user's computer system. The end-user can be an individual, an organization or even a country. On-premises software has been around for quite some time; however, in recent years there has been a shift towards cloud based solutions as they offer several advantages over traditional on premise solutions.
Application Insights:
The large enterprises segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The large enterprise category comprises companies with more than 1000 employees. Absence of a reliable leave management system in such organizations can lead to severe complications, which is why these companies are increasingly adopting leave management solutions.
Large enterprises have been traditionally resistant towards digital transformation, however, they are now serious about it as a result of various factors including: increased awareness among employees; need for improved internal communication; and an overall emphasis on improving operational efficiency through technological advancement. These factors have led large enterprise representatives at various industry events such as DevOps Enterprise Summit and Cloud Expo to state thatabsence or leave management software can be effectively implemented within the cloud environment owing to its scalability features across multiple locations (servers). This has subsequently led market players such as PeopleSoft Global Inc.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its lead over the forecast period owing to increasing adoption of ABSence Management System by large enterprises and growing awareness about employee absence management among employers. In addition, presence of a large number of vendors in this region and continuous strategic initiatives adopted by major companies are responsible for Absence & Leave Management Software Market growth in North America.
Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due to increasing government initiatives regarding Absence & Leave Management Software implementation, especially in India and China. For instance, In India, Ministry Of Labour And Employment has launched ‘Aadhaar’ (Targeted Delivery of Financial Assistance) scheme which provides direct subsidies on computer hardware products with installation services related absences/leave management software applications installed on them.
Growth Factors:
- Increasing demand for Absence & Leave Management Software from small and medium-sized businesses (SMBs) due to the growing awareness of the benefits of such software.
- The increasing trend of BYOD (Bring Your Own Device) in organizations, which is driving the demand for Absence & Leave Management Software as it helps manage employee leaves and absences more effectively.
- The growing need to automate leave management processes to improve efficiency and compliance with government regulations governing leaves and absences.
- The increasing focus on workforce productivity and its impact on business outcomes, which is driving organizations to seek out solutions that help optimize employee availability and time off management processes.
- The rising popularity of cloud-based solutions among small businesses, making it easier for them to adopt Absence & Leave Management Software without having to make significant infrastructure investments
Scope Of The Report
Report Attributes
Report Details
Report Title
Absence & Leave Management Software Market Research Report
By Type
Cloud-Based, On-Premises
By Application
Large Enterprises(1000+ Users), Medium-Sized Enterprise(499-1000 Users), Small Enterprises(1-499 Users)
By Companies
E-days, CakeHR, Deputy, Org Chart Software, Built, Shiftboard, TimeClock Plus, Zoho People, Bindle, OrangeHRM, Resource Guru, Appogee Leave, BrightHR, PARIM, SwipeClock, Advance Systems, Mitrefinch, Breathe
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Absence & Leave Management Software Market Report Segments:
The global Absence & Leave Management Software market is segmented on the basis of:
Types
Cloud-Based, On-Premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises(1000+ Users), Medium-Sized Enterprise(499-1000 Users), Small Enterprises(1-499 Users)
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- E-days
- CakeHR
- Deputy
- Org Chart Software
- Built
- Shiftboard
- TimeClock Plus
- Zoho People
- Bindle
- OrangeHRM
- Resource Guru
- Appogee Leave
- BrightHR
- PARIM
- SwipeClock
- Advance Systems
- Mitrefinch
- Breathe
Highlights of The Absence & Leave Management Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-Based
- On-Premises
- By Application:
- Large Enterprises(1000+ Users)
- Medium-Sized Enterprise(499-1000 Users)
- Small Enterprises(1-499 Users)
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Absence & Leave Management Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Absence & Leave Management Software is a software application that helps organizations manage employee absences and leaves. It allows managers to track employee absences, identify patterns, and make decisions about leave usage. The software also provides reports on employee leave usage and performance.
Some of the major players in the absence & leave management software market are E-days, CakeHR, Deputy, Org Chart Software, Built, Shiftboard, TimeClock Plus, Zoho People, Bindle, OrangeHRM, Resource Guru, Appogee Leave, BrightHR, PARIM, SwipeClock, Advance Systems, Mitrefinch, Breathe.
The absence & leave management software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Absence & Leave Management Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Absence & Leave Management Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Absence & Leave Management Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Absence & Leave Management Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Absence & Leave Management Software Market Size & Forecast, 2018-2028
4.5.1 Absence & Leave Management Software Market Size and Y-o-Y Growth
4.5.2 Absence & Leave Management Software Market Absolute $ Opportunity
Chapter 5 Global Absence & Leave Management Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Absence & Leave Management Software Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Absence & Leave Management Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Absence & Leave Management Software Market Size Forecast by Applications
6.2.1 Large Enterprises(1000+ Users)
6.2.2 Medium-Sized Enterprise(499-1000 Users)
6.2.3 Small Enterprises(1-499 Users)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Absence & Leave Management Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Absence & Leave Management Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Absence & Leave Management Software Analysis and Forecast
9.1 Introduction
9.2 North America Absence & Leave Management Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Absence & Leave Management Software Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Absence & Leave Management Software Market Size Forecast by Applications
9.10.1 Large Enterprises(1000+ Users)
9.10.2 Medium-Sized Enterprise(499-1000 Users)
9.10.3 Small Enterprises(1-499 Users)
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Absence & Leave Management Software Analysis and Forecast
10.1 Introduction
10.2 Europe Absence & Leave Management Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Absence & Leave Management Software Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Absence & Leave Management Software Market Size Forecast by Applications
10.10.1 Large Enterprises(1000+ Users)
10.10.2 Medium-Sized Enterprise(499-1000 Users)
10.10.3 Small Enterprises(1-499 Users)
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Absence & Leave Management Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Absence & Leave Management Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Absence & Leave Management Software Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Absence & Leave Management Software Market Size Forecast by Applications
11.10.1 Large Enterprises(1000+ Users)
11.10.2 Medium-Sized Enterprise(499-1000 Users)
11.10.3 Small Enterprises(1-499 Users)
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Absence & Leave Management Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Absence & Leave Management Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Absence & Leave Management Software Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Absence & Leave Management Software Market Size Forecast by Applications
12.10.1 Large Enterprises(1000+ Users)
12.10.2 Medium-Sized Enterprise(499-1000 Users)
12.10.3 Small Enterprises(1-499 Users)
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Absence & Leave Management Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Absence & Leave Management Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Absence & Leave Management Software Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Absence & Leave Management Software Market Size Forecast by Applications
13.10.1 Large Enterprises(1000+ Users)
13.10.2 Medium-Sized Enterprise(499-1000 Users)
13.10.3 Small Enterprises(1-499 Users)
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Absence & Leave Management Software Market: Competitive Dashboard
14.2 Global Absence & Leave Management Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 E-days
14.3.2 CakeHR
14.3.3 Deputy
14.3.4 Org Chart Software
14.3.5 Built
14.3.6 Shiftboard
14.3.7 TimeClock Plus
14.3.8 Zoho People
14.3.9 Bindle
14.3.10 OrangeHRM
14.3.11 Resource Guru
14.3.12 Appogee Leave
14.3.13 BrightHR
14.3.14 PARIM
14.3.15 SwipeClock
14.3.16 Advance Systems
14.3.17 Mitrefinch
14.3.18 Breathe
