Human Capital Management Market 2018 by Manufacturer, Regions, Type, Application and Competitive Analysis Report to 2028

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Human Capital Management Market Size – USD 18.04 Billion in 2020, Market Growth – at a CAGR of 7.9%

VANCOUER, BC, CANADA, Feb. 23, 2022 / — The global human capital management (HCM) market size reached USD 18.04 billion in 2020 and is expected to register a CAGR of 7.9% in over the forecast period, according to the latest analysis from Emergen Research. Rising adoption of cloud-based Human Capital Management (HCM) solutions is expected to support market revenue growth between 2021 and 2028. Additionally, increasing integration of Robot Process Automation (RPA) with HR solutions will drive market growth. Currently, the demand for cloud-based business models and talent mobility for workforce planning has grown at a rapid pace.

Many companies in various industries, including BFSI, healthcare, manufacturing, retail, telecommunications and information technology (IT), media and entertainment, and others are rapidly adopting HCM-based solutions. on the cloud. These solutions guarantee secure access to the various administrative functions via an innovative HR employee access portal. It further enables employees to access data remotely using smartphones and computers. These are some major factors driving the revenue growth of the Global Human Capital Management (HCM) Market.

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This report analyzes the world’s primary production, consumption and the fastest growing countries in the field of information and communication technology (ICT). The report also includes leading and prominent players in the global information and communications technology (ICT) market.

Leading companies profiled in the report include:

Microsoft Corporation, Workday, Inc., Automatic Data Processing, Inc., Ceridian HCM, Inc., Oracle Corporation, Cornerstone OnDemand, Inc., Ultimate Software Group, Inc., International Business Machines Corporation, SumTotal Systems, Inc. and Kronos Incorporated

Some key highlights of the report:

The services segment is expected to grow at a significantly rapid revenue CAGR during the forecast period owing to the growing need for implementation and maintenance services resulting from the increasing deployment of HCM solutions.

The cloud segment is expected to register a significantly robust revenue growth rate over the forecast period as organizations rapidly shift to cloud-based deployment models to manage big data efficiently and remotely.

North America is expected to witness higher revenue growth rate in the Human Capital Management (HCM) market over the forecast period among other regional markets owing to strong presence of solution providers International and domestic HCMs such as Microsoft Corporation, Workday, Inc., Automatic Data Processing, Inc., Ceridian HCM, Inc., and Oracle Corporation, among others.

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Global Human Capital Management Market: Drivers and Restraints

The research report has integrated the analysis of different factors which are increasing the growth of the market. It constitutes trends, restraints and drivers that transform the market either positively or negatively. This section also provides the scope of different segments and applications that can potentially influence the market in the future. Detailed information is based on current trends and historical milestones. This section also provides an analysis of the production volume in the global market and each type from 2018 to 2027.

This survey provides answers to the following important questions:

What is the expected growth rate of the Human Capital Management market? What is the market size for the forecast period from 2018 to 2028?

What are the main drivers of change in the direction of the industry?

Who are the major vendors dominating the Human Capital Management market industry across different regions? What are their winning strategies to stay ahead of the competition?

What are the market trends of the Human Capital Management market that business owners can trust in the coming years?

What are the threats and challenges expected to limit the progress of the Human Capital Management Market industry across different nations?

What are the main opportunities for employers during the forecast period from 2018 to 2028?

Emergen Research has segmented global human capital management (HCM) on the basis of offering, deployment, organization size, end use, and region:

Supply Outlook (Revenue, USD Billion; 2018-2028)
Payroll management
Workforce management
talent management
Applicant Tracking System
basic HR
HR Analytics

Deployment Outlook (Revenue, USD Billion; 2018-2028)
On the site

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Organization Size Outlook (Revenue, USD Billion; 2018-2028)
Large companies
Small and medium-sized enterprises (SMEs)

Key Regional Markets Studied in the Report

North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)

Table of Contents Highlights:

Chapter 1. Methodology and sources

Chapter 2. Executive Summary

Chapter 3. Key Information

Chapter 4. Human Capital Management Market Segmentation and Impact Analysis

Chapter 5. Human Capital Management (HCM) Market by Offering Insights and Trends, Revenue (USD Billion)

Chapter 6. Human Capital Management (HCM) Market by Deployment, Outlook and Trends, Revenue (USD Billion)

Chapter 7. Human Capital Management (HCM) Market by Organization Size, Outlook and Trends, Revenue (USD Billion)

Chapter 8. Human Capital Management (HCM) Market by Overview and End-Use Trends, Revenue (USD Billion)

Chapter 9. Human Capital Management (HCM) Market Regional Outlook

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