Human Capital Management (HCM) Software Market Analysis by Oracle, SAP SE, IBM, NetSuite, Workday, Ultimate Software, ADP, Cornerstone OnDemand, Benefitfocus, Zoho, Epicor Software, Infor, Kronos, Sage Group

Global Human Capital Management Software Market, By Software (Core HR, Workforce Management, Staffing Vendor Management), Services (Integration, Consulting), Deployment (on Premise, On Cloud), End User (Healthcare, Telecom, Energy) Forecast till 2023

The global human capital management software market is expected to grow at USD ~24 billion by 2023, at a CAGR of ~9% during the forecast period 2017-2023.

Key Players:
Some of the prominent players in the global human capital management software market: Oracle Corporation (U.S.), SAP SE (Germany), International Business Machines Corporation (U.S.), NetSuite Inc. (U.S.), Workday, Inc. (U.S.), Ultimate Software Group, Inc. (U.S.), ADP, LLC (U.S.), Cornerstone OnDemand (U.S.), Benefitfocus Inc. (U.S.), BambooHR (U.S), PeopleFluent (U.S), Ultimate Software Group, Inc. (U.S), Zoho Corporation (India), WebHR (U.S), CakeHR (U.K), Epicor Software Corporation (U.S), Infor (U.S), Kronos Incorporated (U.S), The Sage Group plc. (U.S) and among others.

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Market Scenario:
The companies such as Oracle Corporation (U.S.), SAP SE (Germany), International Business Machines Corporation (U.S.), NetSuite Inc. (U.S.), Workday, Inc. (U.S.), Ultimate Software Group, Inc. (U.S.), are leading provider of human capital management software in the global market. In September 2016, Cornerstone on Demand, a leader in cloud-based talent management software solutions across the world, has announced the launch of people analytics suite which will helps the organizations to create accurate hiring plans in different course of time. This helps the organizations receive the real-time data of people.

With the increasing number of organization infrastructure, the rapid growth in the manpower in the industries which leads to the increase in documentation. The human capital management software along with information technology, makes the task easy and more efficient to manage workforce acquisition, management, and optimization of people in the organizations. With the use of these human capital management software which supports the human resource people in managing their employees, view their performance throughout and take the appropriate decisions.

The global Human Capital Management Software Market is segmented into software, services, deployment, organizations, application, end users, and region. The software are segmented into core HR, workforce management, sourcing and recruiting, applicant tracking system, staffing vendor management and others. The services are segmented into integration, support and maintenance, consulting and others. The deployments are segmented into on premise & on cloud. The organizations are segmented into small- mid size and large enterprises. The applications are segmented analytics, training and recruitment, payroll, HR planning and others. The end users are segmented into BFSI, manufacturing, healthcare, telecom, energy, retail, logistics and transportation and others. The region includes North America, Europe, Asia Pacific, and rest of the world.

The regional analysis of human capital management software market is being studied for region such as Asia pacific, North America, Europe and Rest of the World. North America is one of the leading region across the world in terms of market share. The human capital management software market in this region has huge demand as it helps to engage all employees with automated, to develop future leaders, transparent processes, and a digital HR experience in the organizations. The human capital management software market in Europe region is expected to witness rapid growth in the forthcoming period. Whereas, Asia-Pacific countries such as China, Japan, and India is an emerging market for human capital management software market is expected to be the highest CAGR in the coming years.

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LIST OF FIGURES
FIGURE 1 Global Human Capital Management Software market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Human Capital Management Software Market
FIGURE 4 Value Chain Of Global Human Capital Management Software Market
FIGURE 5 Share Of Global Human Capital Management Software Market In 2017, By Country (In %)
FIGURE 6 Global Human Capital Management Software Market, 2017-2023,
FIGURE 7 Sub Segments Of Software
FIGURE 10 Global Human Capital Management Software Market Size By Software, 2017
FIGURE 10 Share Of Global Human Capital Management Software Market By Software, 2017 TO 2023
FIGURE 10 Global Human Capital Management Software Market Size By Services, 2017
FIGURE 11 Share Of Global Human Capital Management Software Market By Services, 2017 TO 2023
FIGURE 12 Global Human Capital Management Software Market Size By Organizations , 2017
FIGURE 13 Share Of Global Human Capital Management Software Market By Organizations , 2017 TO 2023
FIGURE 14 Global Human Capital Management Software Market Size By Deployment, 2017 TO 2023
FIGURE 15 Share Of Global Human Capital Management Software Market By Deployment, 2017 TO 2023
FIGURE 16 Global Human Capital Management Software Market Size By Application, 2017 TO 2023
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