Human Capital Management Software Market, Global Outlook and Forecast 2023-2032
HCM has come to be nearly synonymous with the human resources (HR) function in organizations. In HR technology, the comprehensive software systems for managing HR processes differ little from HCM suites. For example, the functions of most human resource information systems (HRIS) are often the same as HCM systems. However, some observers use HCM in a narrow sense to denote just the labor-scheduling and time-tracking functions of HR.
This report aims to provide a comprehensive presentation of the global market for Human Capital Management Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Human Capital Management Software. This report contains market size and forecasts of Human Capital Management Software in global, including the following market information:
Global Human Capital Management Software Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Human Capital Management Software market was valued at US$ 12850 million in 2022 and is projected to reach US$ 21540 million by 2029, at a CAGR of 7.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global human capital management software market is showing immense growth; mainly due to the increase in complexities regarding managing of work force that is widely spread across different countries. Increasing demand for talent mobility and simplified management of geographically spread workforce are major factor driving the growth of human capital management market. Also, growing demand for mobile human capital management applications is another major factor driving the growth of human capital management software market.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Human Capital Management Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Human Capital Management Software Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Human Capital Management Software Market Segment Percentages, by Type, 2022 (%)
Comprises of Core HR
Workforce Management
Sourcing & Recruiting
Applicant Tracking System
Staffing Vendor Management
Others
Global Human Capital Management Software Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Human Capital Management Software Market Segment Percentages, by Application, 2022 (%)
Small and Medium Sized Hospitals
Large Sized Hospitals
Global Human Capital Management Software Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Human Capital Management Software Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Human Capital Management Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Human Capital Management Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ADP
Oracle
SAP Success Factors
Workday
BambooHR
PeopleFluent
Ultimate Software
Zoho
Outline of Major Chapters:
Chapter 1: Introduces the definition of Human Capital Management Software, market overview.
Chapter 2: Global Human Capital Management Software market size in revenue.
Chapter 3: Detailed analysis of Human Capital Management Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Human Capital Management Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
