The new report titled ‘Global Human Capital Management Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Human Capital Management market outlook over the forecast duration. Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Human Capital Management market.
The global Human Capital Management (HCM) market size reached USD 18.04 billion in 2020 and is expected to register a revenue CAGR of 7.9% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of cloud-based Human Capital Management (HCM) solutions is expected to support market revenue growth between 2021 and 2028. Besides, increasing integration of Robot Process Automation (RPA) with HR solutions will boost market growth. Currently, demand for cloud-based business models and talent mobility for workforce planning has increased at a rapid pace. Many businesses in various industries, including BFSI, healthcare, manufacturing, retail, telecommunications Information Technology (IT), media entertainment, and others are rapidly adopting cloud-based HCM solutions. Such solutions ensure secure access to various administrative functions through an innovative HR employee access portal. It further enables employees to access data remotely using smartphones and computers. These are some major factors driving growth of the global Human Capital Management (HCM) market revenue.
The latest research report serves as a perfect example of the precise analysis of the global Human Capital Management market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation.
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Table of Contents:
- Chapter 1 includes an introduction of the global Human Capital Management market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
- Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
- Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
- In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
- Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.
Competitive Outlook:
The global Human Capital Management market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Human Capital Management market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry 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
Based on the product type, the Human Capital Management market is segmented into:
Offering Outlook (Revenue, USD Billion; 2018–2028)
- Software
- Payroll Management
- Workforce Management
- Talent Management
- Applicant Tracking System
- Core HR
- HR Analytics
- Services
- Software
Deployment Outlook (Revenue, USD Billion; 2018–2028)
- On-premises
- Cloud
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
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Key regions covered in the report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
The report considers the following timeline for market estimations:
- Historical Years: 2017 – 2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020 – 2027
Valuable Market Insights:
- The report highlights the latest trends observed in the consumption pattern of each regional segment.
- Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
- The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Human Capital Management market.
- The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.
Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Human Capital Management in the near future?
- What is the regulatory framework governing the application of Human Capital Management in the food industry?
- Which manufacturing processes are utilized for the production of Human Capital Management?
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