Workday Downgraded by Jefferies as Healthcare Workforce Management Market Forecast Tops USD 6.26B
Jefferies downgraded Workday and three other software stocks after resetting its sector ratings. The healthcare workforce management systems market is forecast to grow from USD 2.29 billion in 2025 to USD 6.26 billion by 2035 at a 10.6% CAGR, with U.S. revenue rising from USD 0.92 billion to 2.51 billion.
1. Jefferies Downgrades Workday
Jefferies conducted a sector-wide software rating reset and downgraded Workday alongside three peers, reflecting concerns over stretched valuations and slowing growth prospects in the enterprise software space.
2. Healthcare Workforce Management Market Outlook
The healthcare workforce management systems market is projected to expand from USD 2.29 billion in 2025 to USD 6.26 billion by 2035 at a 10.6% CAGR. Software solutions command a 67.4% share, cloud-based deployments account for 63.9% of revenue, hospitals represent 58.3% of end-use, and Asia Pacific leads with an 11.9% CAGR.