June 10, 2024

U.S. Absence Management Market Size To Rake USD 672.96 Mn By 2032

The global U.S. absence management market size was valued at USD 272.8 million in 2022 and is projected to reach USD 672.96 million by 2032, growing at a CAGR of 9.5% from 2023 to 2032, According to Precedence Research.

U.S. Absence Management Market Size 2023 To 2032

The global U.S. absence management market boons an in-depth synopsis of the competitive landscape of the market globally, thus helping establishments understand the primary threats and prospects that players/vendors in the market are dealt with. It also incorporates thorough business profiles of some of the prime vendors in the market.

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U.S. Absence Management Market Report Scope 

Report Coverage Details
Market Size in 2023 USD 297.35 Million
Market Size by 2032 USD 672.96 Million
Growth Rate from 2023 to 2032 CAGR of 9.5%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Deployment Mode, By Application, and By End User

Also read: Digital Mammography Market Size To Rake USD 6.04 Bn By 2032

Benefits of this market

  • This study analyses the market size and share for U.S. absence management along with the present trends in the industry and forecasts for the future, showing investment opportunities for the future.
  • In order to compare the financial capabilities of the U.S. absence management market in the present, a quantitative analysis is done of the market from 2023 to 2032.
  • It is clear from this brilliant presentation of Porter’s Five Forces that buyers and suppliers have a lot of potential to gain from one another.
  • It is important to understand the most profitable trends in the U.S. absence management market in order to gain an advantage in the market.
  • A comprehensive analysis of the driving factors, limitations, and opportunities is provided in the report, along with an in-depth analysis of the effect they have on the market.
  • The report also includes the market share for U.S. absence management for several significant vendors as well as the latest developments in the market.

Leading players of the global U.S. absence management market are analysed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. Precedence Research provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the global U.S. absence management market. Furthermore, the report offers two separate market forecasts – one for the production side and another for the consumption side of the global U.S. absence management market. It also provides useful recommendations for new as well as established players of the global U.S. absence management market.

The major players in the market

  • Kronos
  • Workday
  • Oracle
  • SAP
  • Zenefits
  • Namely
  • Workforce Software
  • Ultimate Software
  • AbsenceSoft
  • ADP

U.S. Absence Management Market Segmentations:

By Deployment Mode

  • On-Premises
  • Cloud-Based

By Application

  • Large Enterprises
  • SMEs

By End User

  • BFSI
  • Manufacturing
  • Healthcare
  • Retail
  • I.T. and Telecom
  • Government and Public Sector
  • Others


Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on U.S. Absence Management Market 

5.1. COVID-19 Landscape: U.S. Absence Management Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape List of Suppliers List of Buyers

Chapter 8. U.S. Absence Management Market, By Deployment Mode

8.1. U.S. Absence Management Market, by Deployment Mode, 2023-2032

8.1.1 On-Premises Market Revenue and Forecast (2020-2032)

8.1.2. Cloud-Based Market Revenue and Forecast (2020-2032)

Chapter 9. U.S. Absence Management Market, By Application

9.1. U.S. Absence Management Market, by Application, 2023-2032

9.1.1. Large Enterprises Market Revenue and Forecast (2020-2032)

9.1.2. SMEs Market Revenue and Forecast (2020-2032)

Chapter 10. U.S. Absence Management Market, By End User 

10.1. U.S. Absence Management Market, by End User, 2023-2032

10.1.1. BFSI Market Revenue and Forecast (2020-2032)

10.1.2. Manufacturing Market Revenue and Forecast (2020-2032)

10.1.3. Healthcare Market Revenue and Forecast (2020-2032)

10.1.4. Retail Market Revenue and Forecast (2020-2032)

10.1.5. I.T. and Telecom Market Revenue and Forecast (2020-2032)

10.1.6. Government and Public Sector Market Revenue and Forecast (2020-2032)

10.1.7. Others Market Revenue and Forecast (2020-2032)

Chapter 11. U.S. Absence Management Market, Regional Estimates and Trend Forecast

11.1. U.S.

11.1.1. Market Revenue and Forecast, by Deployment Mode (2020-2032)

11.1.2. Market Revenue and Forecast, by Application (2020-2032)

11.1.3. Market Revenue and Forecast, by End User (2020-2032)

Chapter 12. Company Profiles

12.1. Kronos

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Workday

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Oracle

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. SAP

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Zenefits

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Namely

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Workforce Software

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Ultimate Software

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. AbsenceSoft

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. ADP

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Key inquiries addressed in the report:

  • Investigate the COVID 19 outbreak’s effects.
  • Our researchers give precise responses, pinpoint significant chances and fresh investments, and suggest excellent market strategy avenues.

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