Market Overview:
The global employee attendance tracker market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of cloud-based attendance tracking solutions by small and medium enterprises (SMEs) and large enterprises, and the growing demand for real-time tracking of employee attendance across regions. The global employee attendance tracker market is segmented on the basis of type into cloud-based and on-premises solutions. The cloud-based segment is expected to grow at a higher CAGR than the on-premises segment during the forecast period from 2018 to 2030. This can be attributed to the growing demand for cloud-based solutions among small and medium enterprises due to their lower implementation costs as compared with on-premises solutions, easy scalability, and low maintenance costs. On the basis of application, the global employee attendance tracker market is divided into SMEs and large enterprises.
Product Definition:
An Employee Attendance Tracker is a digital or physical tool used to record employee attendance. The importance of an Employee Attendance Tracker is that it allows employers to keep track of employee absences, late arrivals, and early departures. This information can be used to help manage employees and make decisions about staffing levels.
Cloud-based:
Cloud-based solutions are used for tracking employee absence and maintaining employee database. The factors that propel the growth of the global Cloud-based, it's usage in attendance tracker market include increasing adoption of cloud computing across various industry verticals such as BFSI, healthcare & life sciences, manufacturing and retail among others. Moreover, benefits offered by these solutions such as easy to use web or mobile based applications with real time information sharing capability drives its demand further.
On-premises:
On-premises is a computer software or hardware system installed at the organization's main office or at an offsite location. On-premises solutions offer features such as data security and easy accessibility to the employees. These systems are used for tracking employee attendance, time, and other similar information which can be useful for various purposes such as audits, compliance requirements of government organizations etc.
The global on-premises & employee attendance tracker market size was valued at USD 1.
Application Insights:
The large enterprises segment held the largest market share in 2017. This is attributed to the fact that most of the companies have a formal employee attendance policy and practice it consistently. Furthermore, many large enterprises are adopting digital EAT solutions owing to various benefits offered such as time & attendance functionality, which includes basic and advanced features for management reporting. The SMEs segment is expected to register the highest CAGR over the forecast period due to increasing penetration of internet cafes and rising awareness about online tools among small businesses regarding their employees¢â‚¬â„¢ absence from work.
Online food ordering services have become popular among professionals working in restaurants, hotels and other food service industries across different regions worldwide including North America, Europe, Asia Pacific.
Regional Analysis:
The North American region dominated the global employee attendance tracker market in 2017. The presence of a large number of small and medium enterprises in the U.S., which are increasingly adopting cloud-based solutions, is one of the major factors driving regional growth. Furthermore, companies such as IBM Corporation; Microsoft Corporation; Google LLC; and Salesforce.com Inc.
However, Asia Pacific is expected to emerge as the fastest-growing region over the forecast period owing to increasing government initiatives aimed at creating jobs for its rapidly growing population by encouraging private investments in various sectors including manufacturing, ITES & BFSI among others (Global Attendance Tracker Market Size By Region (North America, Europe), 2018).
Growth Factors:
- Increasing demand for employee productivity and efficiency
- Rising awareness about the benefits of attendance tracking software
- Growing number of small and medium businesses adopting attendance tracking software
- Proliferation of mobile devices and apps that make tracking employee attendance easier than ever before
- Increased focus on compliance and regulatory requirements
Scope Of The Report
Report Attributes
Report Details
Report Title
Employee Attendance Tracker Market Research Report
By Type
Cloud-based, On-premises
By Application
Small and Medium Enterprises (SMEs), Large Enterprises
By Companies
Replicon, Workteam, Deputy, Jibble, Time Doctor, Bitrix, CHROBRUS, absence.io, HR Bakery, Ultimate Software
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
147
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Employee Attendance Tracker Market Report Segments:
The global Employee Attendance Tracker 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
Small and Medium Enterprises (SMEs), Large Enterprises
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:
- Replicon
- Workteam
- Deputy
- Jibble
- Time Doctor
- Bitrix
- CHROBRUS
- absence.io
- HR Bakery
- Ultimate Software
Highlights of The Employee Attendance Tracker 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:
- Small and Medium Enterprises (SMEs)
- Large Enterprises
- 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 Employee Attendance Tracker 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?
Employee attendance tracker is a software that helps employers keep track of the attendance of their employees. It allows employers to see how often their employees are coming to work, and whether there are any patterns in their absences.
Some of the key players operating in the employee attendance tracker market are Replicon, Workteam, Deputy, Jibble, Time Doctor, Bitrix, CHROBRUS, absence.io, HR Bakery, Ultimate Software.
The employee attendance tracker market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Employee Attendance Tracker 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 Employee Attendance Tracker Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Employee Attendance Tracker 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 Employee Attendance Tracker 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 Employee Attendance Tracker Market Size & Forecast, 2018-2028 4.5.1 Employee Attendance Tracker Market Size and Y-o-Y Growth 4.5.2 Employee Attendance Tracker Market Absolute $ Opportunity
Chapter 5 Global Employee Attendance Tracker 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 Employee Attendance Tracker 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 Employee Attendance Tracker 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 Employee Attendance Tracker Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Employee Attendance Tracker 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 Employee Attendance Tracker 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 Employee Attendance Tracker Analysis and Forecast
9.1 Introduction
9.2 North America Employee Attendance Tracker 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 Employee Attendance Tracker 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 Employee Attendance Tracker Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large Enterprises
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 Employee Attendance Tracker Analysis and Forecast
10.1 Introduction
10.2 Europe Employee Attendance Tracker 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 Employee Attendance Tracker 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 Employee Attendance Tracker Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large Enterprises
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 Employee Attendance Tracker Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Employee Attendance Tracker 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 Employee Attendance Tracker 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 Employee Attendance Tracker Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large Enterprises
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 Employee Attendance Tracker Analysis and Forecast
12.1 Introduction
12.2 Latin America Employee Attendance Tracker 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 Employee Attendance Tracker 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 Employee Attendance Tracker Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large Enterprises
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) Employee Attendance Tracker Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Employee Attendance Tracker 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) Employee Attendance Tracker 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) Employee Attendance Tracker Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large Enterprises
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 Employee Attendance Tracker Market: Competitive Dashboard
14.2 Global Employee Attendance Tracker Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Replicon
14.3.2 Workteam
14.3.3 Deputy
14.3.4 Jibble
14.3.5 Time Doctor
14.3.6 Bitrix
14.3.7 CHROBRUS
14.3.8 absence.io
14.3.9 HR Bakery
14.3.10 Ultimate Software