The ‘Human Capital Management (HCM) Software Market’ research report delivers a comprehensive analysis on the newest market drivers. The report also offers extracts regarding statistics, market valuation and revenue estimates, which further strengthens its status in the competitive spectrum and growth trends embraced by leading manufacturers in the business.
Human Capital Management (HCM) Software Market is valued at USD 14.78 Billion in 2018 and expected to reach USD 28.99 Billion by 2025 with the CAGR of 10.1% over the forecast period.
Increasing industrialization with leading to surge in manpower which require for human resource management using the information technology, digital platforms & digitalization are some of the major factors driving the growth of Global Human Capital Management (HCM) Software Market.
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Key Players for Global Human Capital Management (HCM) Software Market Report–
Global human capital management (HCM) software market reports cover prominent players like SAP SE, IBM, Net Suite, Oracle Corporation, Workday, Inc., Ultimate Software Group, Ceridian, Paycom, Cornerstone OnDemand, Beeline, Azure, Benefit focus, Blackboard, Bullhorn, Businessolver, Campus Management, and others.
Scope of Global Human Capital Management (HCM) Software Market Report–
Human capital management (HCM) is a crucial part of any organization, government entities and other small to large corporations. Due to growing industrialization, the numbers of people in the organization are increasing with a rapid pace. Hence, to handle such a huge number of employees the digitally-controlled software’s are being used that performs various functions of accessing the human behavior, performance and collect the day to day activities in the organization. This software helps and supports human resources in the organization and helps to take the appropriate decisions.
In addition to this, the human capital management software makes the task easy and more efficient so that to manage employee’s management, acquisition, mergers, and optimization of people in the organizations, to develop future leaders, transparent processes, and a digital HR experience in the organizations. Recently, cutting edge technologies like artificial intelligence, machine learning technologies, block chain, cloud based software and many others are being used for the daily accessing of human behavior.
In 2018, Workday Software Company acquired Stories.bi for the usage of advanced technology by analytics and adaptive insights for cloud-based enterprise performance management, human capital management and business intelligence. Recently, during the Covid-19 pandemic in April 2020, to face the imposed challenges Oracle had offered free access to its workforce health and safety solution to help HR professionals for its current human capital management cloud customers.
Global Human Capital Management (HCM) Software Market is segmented on the basis of product type, services, deployment, application, end-user and region & country level. On the basis of product type, the market is classified as core HR, workforce management, sourcing and recruiting, applicant tracking system, staffing vendor management and others. On the basis of services, the market is segmented into integration, support and maintenance, consulting and others. On the basis of the deployments are segmented into on cloud and on premise. On the basis of applications, the market is segmented as analytics, training and recruitment, payroll, HR planning and others. On the basis of end-users, the market is segmented into BFSI, manufacturing, healthcare, energy, retail, logistics and transportation and others.
Global Human Capital Management (HCM) Software Market Segmentation:–
By Product Type:
- Core HR
- Workforce Management
- Sourcing and Recruiting
- Applicant Tracking System
- Staffing Vendor Management
- Integration, Support and Maintenance
- On Cloud
- On Premise
- Training and Recruitment
- HR planning
- Logistics and transportation
The regions covered in global human capital management (HCM) software market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, global human capital management (HCM) software market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
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Table of Content
1 Study Coverage
1.1 Human Capital Management (HCM) Software Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Human Capital Management (HCM) Software Market Size
2.1.1 Global Human Capital Management (HCM) Software Revenue 2014-2025
2.1.2 Global Human Capital Management (HCM) Software Production 2014-2025
2.2 Human Capital Management (HCM) Software Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Human Capital Management (HCM) Software Manufacturers
220.127.116.11 Human Capital Management (HCM) Software Manufacturing Base Distribution, Headquarters
18.104.22.168 Manufacturers Human Capital Management (HCM) Software Product Offered
22.214.171.124 Date of Manufacturers Enter into Human Capital Management (HCM) Software Market
2.4 Key Trends for Human Capital Management (HCM) Software Markets & Products
3 Market Size by Manufacturers
3.1 Human Capital Management (HCM) Software Production by Manufacturers
3.1.1 Human Capital Management (HCM) Software Production by Manufacturers
3.1.2 Human Capital Management (HCM) Software Production Market Share by Manufacturers
3.2 Human Capital Management (HCM) Software Revenue by Manufacturers
3.2.1 Human Capital Management (HCM) Software Revenue by Manufacturers (2014-2019)
3.2.2 Human Capital Management (HCM) Software Revenue Share by Manufacturers (2014-2019)
3.3 Human Capital Management (HCM) Software Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
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