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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.

However, data inconsistency problems as a result of implementation of various advanced solutions and HR standards by organizations are expected to hamper market revenue growth during the forecast period.

The Global Human Capital Management Market Report provides an exhaustive study of the Human Capital Management market, along with an analysis of the subjective analysis to provide critical business insights to the readers. the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market.

The report examines the global Human Capital Management market depending on the segments, including product types, applications, and end-user industries. It includes an elaborate analysis given by industry experts, with insights into the market depending on the different market aspects including, size, CAGR, market share, and the rates of production and consumption. It assesses the factors propelling the growth of the global Human Capital Management sector

To get a Sample Copy of the Human Capital Management Market Report for Free, Click [email protected] https://www.emergenresearch.com/request-sample/827

 In market segmentation by manufacturers, the report covers the following companies-
XXXMicrosoft 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 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.

The Human Capital Management market report undertakes a thorough assessment of the major companies operating in the business to understand the major developments and notable events recorded by these companies, along with their gross revenue, company profiles, and the market shares held by them in the global market share. Several market aspects of the Human Capital Management business, such as the current market scenario, business standards, import/export status, drivers, and restraints existing in the global Human Capital Management market.

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

The evaluation also includes the rates of production and consumption, gross revenue, and average product price and market shares of key players. The information gathered is further broken down by including regional markets, production plants, and product types available in the market. Other key points, like competitive analysis and trends, concentration rate, mergers & acquisitions, expansion tactics, which are vital to establishing a business in the sector, have also been included in the report.

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According to the regional analysis, the market is primarily spread over key geographical regions as follows:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Highlights of the Human Capital Management Market:

A comprehensive understanding of the Human Capital Management market backed by the overall growth, drivers, constraints, opportunities, and technological advancements.

A concise Human Capital Management Market study that highlights the leading regions and major countries.

Analysis of the evolving market trends in addition to an extensive study of the existing Human Capital Management market segments.

Moreover, the report emphasizes the distinct aspects of the Human Capital Management market, such as the technological developments, financial standing, drivers, restraints, opportunities, threats, and emerging sectors observed in the study. The report draws accurate market estimations for the Human Capital Management industry for the forecast duration from 2021 to 2028.

Read More: https://www.emergenresearch.com/industry-report/human-capital-management-market

The report concludes with an extensive view of the Human Capital Management market, including a descriptive assessment of the parent market backed by information relating to leading players in the industry, present, past, and speculated trends in the industry, which serves as a database of all the relevant information to help both companies and individuals get ahead in the competition.

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Contact Information:

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Visit for More Insights: https://www.emergenresearch.com/insights

Explore Our Custom Intelligence services | Growth Consulting Services

 

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