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According to Stratistics MRC, the Global Human Capital Management Market is accounted for $15.23 billion in 2017 and is expected to reach $36.82 billion by 2026 growing at a CAGR of 10.3% during the forecast period. Increasing adoption of digital HR technology, the growing popularity of workforce analytics solution, demand for automated recruitment processes and rise in acceptance of cloud-based HCM software are some of the key factors driving the market growth. In addition, increase in the shift towards cloud-based software solutions provides ample opportunities for market growth. However, security issues in cloud computing services are limiting market growth.
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Human Capital Management is an approach to employee staffing that perceives people as assets (human capital) whose current value can be measured and whose future value can be enhanced through investment. Human capital (or people) management is a process of directing, investing in, and developing an organization’s workforce. An organization must take the time to manage human capital so that it aligns with their goals.
By Organization Size, Small and Medium-Sized Enterprises segment has steady growth during the forecast period. Many Small and Medium-Sized Enterprises implement HR solutions for organizational development to decrease the burden of carrying out administrative tasks. By geography, Asia-Pacific is projected to witness the fastest growth during the forecast period. The growth in this region can be attributed initiatives from the government for the adoption of cloud-based systems and supporting the digitization of business processes.
Some of the key players profiled in the Human Capital Management Market include Oracle Corporation, Ultimate Software Group, Inc., Sumtotal Systems, LLC (A Skillsoft Company), Paycom Software, Inc., Peoplestrategy, Inc., Cornerstone Ondemand, Inc., Workday, Inc., SAP SE, Automatic Data Processing, LLC, International Business Machines Corporation, Employwise, Inc., Ceridian HCM, Inc., Infor, Talentsoft and Epicor Software Corporation.
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Types Covered:
Type I
Type II
Components Covered:
Services
Software
Organization Sizes Covered:
Small and Medium-Sized Enterprises
Large Enterprises
Deployment Models Covered:
Cloud
On-Premises
End Users Covered:
Government
Telecom and IT
Healthcare and Life Sciences
Transportation and Logistics
Banking, Financial Services, and Insurance
Manufacturing
Consumer Goods and Retail
Energy and Utilities
Other End Users
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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Major Points From the Table of Content:
Executive Summary
Preface
Market Trend Analysis
Porters Five Force Analysis
Global Human Capital Management Market, By Type
Global Human Capital Management Market, By Component
Global Human Capital Management Market, By Organization Size
Global Human Capital Management Market, By Deployment Model
Global Human Capital Management Market, By End User
Global Human Capital Management Market, By Geography
Key Developments
Company Profiling
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