By ET Bureau - June 29, 2021 5 Mins Read
Set to grow by USD 11.13 billion during 2020-2024, Technavio’s latest market research report estimates the human capital management (HCM) solutions market to register a CAGR of about 10%. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Automatic Data Processing Inc., Ceridian HCM Holding Inc., Infor, Kronos Inc., Oracle Corp., Ramco Systems Ltd., SAP SE, Talentia Software Group, The Ultimate Software Group Inc., and Workday Inc. are some of the major market participants. The demand for automated recruitment processes will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Human Capital Management (HCM) Solutions Market 2020-2024: Segmentation
Human Capital Management (HCM) Solutions Market is segmented as below:
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Human Capital Management (HCM) Solutions Market 2020-2024: Vendor Analysis and Scope
To help businesses improve their market position, the human capital management (HCM) solutions market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Automatic Data Processing Inc., Ceridian HCM Holding Inc., Infor, Kronos Inc., Oracle Corp., Ramco Systems Ltd., SAP SE, Talentia Software Group, The Ultimate Software Group Inc., and Workday Inc.
The report also covers the following areas:
The increased popularity of advanced workforce analytics is likely to emerge as one of the primary drivers of the market. However, the threat from open-source software may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research reports on the human capital management (HCM) solutions market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Human Capital Management (HCM) Solutions Market 2020-2024: Key Highlights
Table of Contents:
Five Forces Analysis
Market Segmentation by Application
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