Human Capital Management (HCM) Market to Reach A CAGR of 8.46% By The Year 2029
Data Bridge Market Research
analyses that the human
capital management (HCM) market was valued at USD 18.46
billion in 2021, and would reach an estimated value of 35.34 billion by 2029,
and is likely to grow at a CAGR of 8.46% during
the forecast period of 2022 to 2029.
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Key Pointers Covered in Human Capital Management (HCM) Market
Industry Trends and Forecast to 2029
·
Market
Size
·
Market
New Sales Volumes
·
Market
Replacement Sales Volumes
·
Market
Installed Base
·
Market
By Brands
·
Market
Procedure Volumes
·
Market
Product Price Analysis
·
Market
Regulatory Framework and Changes
·
Market
Shares in Different Regions
·
Recent
Developments for Market Competitors
·
Market
Upcoming Applications
·
Market
Innovators Study
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Benefits of
Considering this Report
·
This
report is compiled using a vigorous and thorough research methodology. Data
Bridge Market Research is also known for its data accuracy and granular market
reports.
·
A
complete picture of the competitive scenario of Human Capital Management (HCM)
Market is depicted by this report.
·
The
report consists of a vast amount of data about the recent product and
technological developments in the markets.
·
The
insights in the report are easy to understand and include a graphical
representation of the numbers in the form of histograms, bar graphs, pie
charts, etc.
Human Capital
Management (HCM) Market Scope and Market Size
The global human capital management (HCM) market is segmented on the basis of service,
software, deployment model, organisation size and vertical. The growth amongst
these segments will help you analyze meagre growth segments in the industries
and provide the users with a valuable market overview and market insights to
help them make strategic decisions for identifying core market applications.
·
Service
·
Integration
and Implementation
·
Training
and Education
·
Support
and Maintenance
·
Consulting
Software
·
Core HR
·
Applicant
Tracking System
·
HR
Analytics
·
Workforce
Management
Organization
size
·
Small
·
Medium
·
Large
Deployment Model
·
Cloud
·
On
premise
End user
·
IT and
telecommunication
·
Travel
and Hospitality
·
Transport
and Logistics
·
Energy
and Utilities
·
Education
·
Manufacturing
·
Government
·
Banks
and Financial Institution
·
Others
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Some
of the key questions answered in this report:
·
How has the Human Capital Management (HCM)
Market performed so far and how will it perform in the coming years?
·
What are the key regional markets?
·
What is the breakup of the market based on the
procedure?
·
What is the breakup of the market based on the
injury location?
·
What is the breakup of the market based on the
end user?
·
What are the various stages in the value chain
of the industry?
·
What are the key driving factors and challenges
in the industry?
·
What is the structure of the Human Capital
Management (HCM) Market and who are the key players?
·
What is the degree of competition in the
industry?
Market Analysis and
Insights: Human Capital Management (HCM) Market
·
The term HCM can
refer to both a business strategy and a collection of modern IT applications
and other technologies used to put that strategy into action. Furthermore, it
includes not only the hiring, job & position management, HR compliance, and
reporting processes, but also workforce rewards & talent and workforce
management. Furthermore, cloud-based HCM usage is growing due to benefits such
as remote data access, unlimited storage capacity, lower costs and maintenance
fees, and access via web and mobile from any location and at any time.
·
Human capital
management (HCM) software, an enterprise application solution, has become
essential in all businesses because it automates the time-consuming clerical
tasks associated with employee data, payroll, and benefits administration.
However, the recent growth of the HCM software market is due to the enormous opportunities
created by expanding SMEs across regions.
·
Increasing demand
for artificial intelligence and machine learning in various HCM suites, rising
need to reduce HR-related costs, prevalence of advanced solutions in the form
of data processing and management, rising usages of HCM for souring &
recruiting, applicant tracking, time & attendance management, payroll &
compensation, and others will likely accelerate the growth of the human capital
management (HCM) market during the forecast period
·
The prevalence of
cloud-based software solutions, as well as the adoption of digital HR
technology, will provide various opportunities for the growth of the human
capital management (HCM) market during the forecast period.
Human Capital Management (HCM) Market Country Level Analysis
The countries covered in the
human capital management (HCM) market report are U.S., Canada and Mexico in
North America, Germany, France, U.K., Netherlands, Switzerland, Belgium,
Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India,
South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines,
Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E,
Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of
Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as
part of South America.
Human Capital
Management (HCM) Market Share Analysis
The human capital management
(HCM) market competitive landscape provides details by competitor. Details
included are company overview, company financials, revenue generated, market
potential, investment in research and development, new market initiatives,
global presence, production sites and facilities, production capacities,
company strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies' focus related to human capital management (HCM) market.
Key player Human Capital Management (HCM) Market
·
Oracle Corporation (U.S.)
·
SAP SE (Germany)
·
IBM (U.S.)
·
NetSuite Inc. (U.S.)
·
Workday, Inc. (U.S.)
·
Ultimate Software Group, Inc. (U.S.)
·
ADP, LLC (U.S.)
·
Cornerstone OnDemand (U.S.)
·
Benefitfocus Inc. (U.S.)
·
BambooHR (U.S)
·
PeopleFluent (U.S)
·
Ultimate Software Group, Inc. (U.S)
·
Zoho Corporation (India)
·
WebHR (U.S)
·
CakeHR (U.K)
·
Epicor Software Corporation (U.S)
·
Infor (U.S)
·
Kronos Incorporated (U.S)
·
The Sage Group plc. (U.S)
MAJOR TOC OF THE
REPORT
·
Chapter
One: Introduction
·
Chapter
Two: Market Segmentation
·
Chapter
Three: Market Overview
·
Chapter
Four: Executive Summary
·
Chapter
Five: Premium Insights
·
Chapter
Six: Human Capital Management (HCM) Market Share by Product & Procedure
type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=global-human-capital-management-hcm-market
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