According to Market Study Report, Human Capital Management Market provides a comprehensive analysis of the Human Capital Management Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry.This report also provides market landscape and market share information in the Human Capital Management Market.
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The Global Human Capital Management (HCM) Market would grow from USD 17.6 Billion in 2020 to USD 24.3 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.7% during the forecast period. This report spread across 292 pages, profiling 35 companies and supported with 394 tables and 48 figures are now available in this research.
#Key Players- Workday (US), Oracle (US), ADP (US), SAP (UK), Microsoft (US), IBM (US), Ultimate Software (US), Ceridian (US), SumTotal (US), Kronos (US),Infor (US), Talentsoft (France), EmployWise (India), PeopleStrategy (US),Cornerstone (US), Meta4 (US), Ramco Systems (India), Bamboo HR (US), Namely (US), Workforce Software (US), Zoho (India), Sage Group (UK), Epicor Software (US), Zenefits (US), Paylocity (US), Gusto (US), Bitrix (US), Benefitfocus (US), WebHR (US), Talentia Software (France), PeopleFluent (US), Vibe HCM (US), Rippling (US), Ascentis (US), and BizMerlinHR (US).
“Attractive Opportunities in the Human Capital Management Market”
The adoption of the remote work culture by businesses across the globe due to the COVID-19 pandemic is introducing new challenges to HCM software and service providers. The major challenge faced is updating offerings as per the working culture of organizations. HCM providers can advance their software during this pandemic by adding new capabilities, such as tracking employee health and location
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“Cloud deployment model is expected to grow at a higher CAGR during the forecast period”
Majority of HCM solutions are expected to be deployed in cloud, and so cloud based deployment will outperform the on-premises deployment and will have a higher CAGR during the forecast period. Enterprises are moving toward cloud-based deployment to minimize operational cost andachieve greater ease in sharing data with multiple parties.
Breakdown of primary participants’ profile:
• By Company: Tier 1–48%, Tier 2–37%, and Tier 3–15%
• By Designation: C-Level Executives–40%, Director Level–34%,and Others–26%
• By Region: North America–42%, Europe–31%,APAC–16%,and RoW – 11%
Competitive Landscape of Human Capital Management Market:
1 Competitive Leadership Mapping
1.1 Visionary Leaders
1.2 Dynamic Differentiators
1.3 Innovators
1.4 Emerging Companies
Reason to access this report:
The report would help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall HCM market and the sub segments. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies.
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