Human Capital Management Market Business Growth Demand, Strategies, Overview, Competitive Strategies and Forecasts 2020 – 2028
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 2020 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.
The study aims to provide a forecast of the growth of the Human Capital Management market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis. The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.
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Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
Some Key Highlights From the Report
Service segment is expected to expand at a substantially rapid revenue CAGR during the forecast period due to rising need for implementation and maintenance services as a result of increasing deployment of HCM solutions.
Cloud segment is expected to register a significantly robust revenue growth rate over the forecast period as organizations are shifting rapidly towards cloud-based deployment models to manage large data efficiently and remotely.
North America is expected to register a larger revenue growth rate in the Human Capital Management (HCM) market over the forecast period among other regional markets due to robust presence of international and domestic HCM solution providers such as Microsoft Corporation, Workday, Inc., Automatic Data Processing, Inc., Ceridian HCM, Inc., and Oracle Corporation, among others.
Major companies in the market 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.
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Emergen Research has segmented global Human Capital Management (HCM) on the basis of offering, deployment, organization size, end-use, and region:
Offering Outlook (Revenue, USD Billion; 2018–2028)
Software
Payroll Management
Workforce Management
Talent Management
Applicant Tracking System
Core HR
HR Analytics
Services
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)
End-use Outlook (Revenue, USD Billion; 2018–2028)
Telecom & IT
Healthcare
Government
BFSI
Manufacturing
Transportation & Logistics
Education
Hospitality
Media and Entertainment
Retail
Others
Major Regions play vital role in Travel Bags Market are:
North America
Europe
China
Japan
Middle East & Africa
India
South America
Others
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Report Objectives
Examine the size of the global Human Capital Management market based on the parameters of value and volume.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Human Capital Management market.
Explore the underlying dynamics of the global Human Capital Management market.
Highlight significant trends of the global Human Capital Management market based on factors including, production, revenue, and sales.
Extensively profile top players of the global Human Capital Management market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Analyze the performance of different regions and countries in the global Human Capital Management market.
Forecast the market size and share of all segments and regions in the global landscape.
The global Human Capital Management market research is carried out at the different stages of the business lifecycle from the production of a product, cost, launch, application, consumption volume and sale. The research offers valuable insights into the marketplace from the beginning including some sound business plans chalked out by prominent market leaders to establish a strong foothold and expand their products into one that’s better than others.
Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Human Capital Management Market Segmentation & Impact Analysis
4.1. Human Capital Management Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for safety and security in transportation
4.2.2.2. Rising demand for operating efficiency
4.2.2.3. Growing demand for autonomous vehicles
4.2.2.4. Increasing demand for traffic management systems
4.2.3. Market restraints analysis
4.2.3.1. Cost-prohibitive Artificial Intelligence systems
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Human Capital Management Market By Process Insights & Trends, Revenue (USD Million)
Chapter 6. Human Capital Management Market By Learning Technology Insights & Trends Revenue (USD Million)
Chapter 7. Human Capital Management Market By Application Insights & Trends Revenue (USD Million)
Chapter 8. Human Capital Management Market Regional Outlook
Continued…
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