Emergen Research latest document, titled ‘Global human capital management Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global human capital management market. The report’s authors have offered necessary details on the latest human capital management market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the human capital management industry entails useful insights into the estimated human capital management market size, revenue share, and sales distribution network such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.
The report entails an organized database of the human capital management market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by emergenresearch, is a detail-oriented compilation of the crucial aspects of the human capital management market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
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.
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Market Dynamics:
The report offers insightful information about the market dynamics of the human capital management market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the human capital management market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the human capital management market.
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.
In September 2021, Ceridian HCM, Inc., a worldwide leader in Human Capital Management (HCM) technology and PwC Mauritius announced a partnership in which the latter will provide consultancy and implementation services to organizations looking to improve operational activities using Ceridian's HCM solution, Dayforce.
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Radical Highlights of the human capital management Market Report:
Comprehensive overview of the human capital management market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and RD advancements on the human capital management market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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
Key questions addressed in the report:
Who are the leading players dominating the global human capital management Market?
Which factors could potentially hamper the global market growth during the forecast period?
Which regional market offers the most attractive growth opportunities to the companies operating in this market?
How is the raw material availability affecting the demand for human capital management in this industry vertical?
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