The report of global demand for human capital management market was valued at USD 15.3 Billion in 2018, and is expected to reach USD 27.3 Billion in 2025, growing at a rate of 8.6% between 2019 and 2025. In the forecast period of 2019-2025, rising demand for artificial intelligence and machine learning in various HCM suites, growing need to reduce HR related costs, prevalence of advanced solutions in the form of data processing and management, rising usages of HCM for sourcing & recruiting, applicant tracking, time & attendance management, payroll & compensation, and others are expected to accelerate the growth of the human capital management (HCM) market. On the other hand, the widespread use of cloud-based software solutions, as well as the adoption of digital HR technology, will provide further chances for the human capital management (HCM) market to develop over the projection period.
This human capital management (HCM) market report details recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product latitude, and product approvals. Contact Zion Market Research for an Analyst Brief to learn more about the human capital management (HCM) market. Our team will assist you in making an informed market choice to achieve market growth.
Key market player information
Top Leading Market Players Covered in this Report are : Workday, Oracle Corporation, ADP, SAP, Microsoft Corporation, IBM Corporation, Ultimate Software, Ceridian, SumTotal, and Kronos among others..
The global Human Capital Management study includes a thorough examination of the top companies operating in the global Human Capital Management market. The competition analysis is based on market share, product sales, business strength, top rivals, major business categories, and geographic presence of key market players. The report’s competitive analysis will assist readers in highlighting key variables that will assist them in meeting their objectives during the projected period.
Segmentation
The research divides the global Human Capital Management market into segments and sub-segments by analyzing a number of parameters. The Human Capital Management report analysis provides a valuable insight into segment revenue and market share at both the global and country levels. In terms of revenue and volume, the segmentation study details the correct projections and computations. In addition, the research study offers major growth trends and opportunities within Human Capital Management market categories, which will aid in the development of effective corporate growth plans for the forecast period of 2021-2027.
Geographical Information
Users will gain useful insights from a study of the major regions and nations covered in the scope of the report, which will help them better identify investment prospects to expand their business. The statistics based on revenue and market share for distinct regions and countries are included in the report analysis. In addition, the study highlights key trends and opportunities that will aid in the growth of the industry in each region.
Market Segmentation By Types – Cloud, And On-Premises
Market Segmentation By Application – Software, And Services
The global Human Capital Management market is divided into several areas, including
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa.
COVID-19 Impact
In addition, market values and shares were estimated using current COVID-19 pandemic scenarios on the worldwide Human Capital Management market, which will assist users in better understanding the present market picture and recommending strategic company expansion plans accordingly. During the projection period of 2020 to 2027, the Human Capital Management market is expected to grow at a CAGR of xx %, reaching US$ xx million in 2027, up from US$ xx million in 2020.
Who will get benefit of this report?
- Investors and Private Equity Firms
- Human Capital Management market Providers
- Distributors and Suppliers
- Government and Regulatory organizations
- Several end users.
Why should buy this report from Zion?
- Provides in-depth research study of the total Human Capital Management market, which can assist start-up enterprises in the Human Capital Management market to make decisions on short span.
- The most recent Human Capital Management market news, forecast analysis, and top market rivals are all readily available, together with all relevant information.
- Graphs, pie charts, and other representations are included in the Human Capital Management report to help the reader understand the information at a glance.
- Manufacturers can use the Human Capital Management report to study customer behaviour, business segments, and offer items depending on the information presented.
- The impact of COVID-19 on the market and industry, as well as a recovery analysis
Report Methodology
The Human Capital Management research is based on the most recent industry trends and prospects, along with potential threats, key driving forces, as well as important revenue pockets. The survey was published after conducting extensive secondary research, which included reviewing a number of industry publications, investor articles, official statistics, corporate news, and press releases. All of these studies are backed up by in-depth primary research with C level industry experts, resulting in a revenue forecast for the Human Capital Management market.