India Human Capital Management Market to grow at 12.5% CAGR during 2018-2023 | Top Technologies, Overview, Key Insights and Company Profiles

The Global India Human Capital Management (HCM) Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. India HCM Market report spread across 81 Pages, profiling 06 companies and supported with tables and figures.

The India Human Capital Management (HCM) Market in SMB (Small and Medium-Sized Business) sector size to grow from US$ 133 Million in 2018 to US$ 214 Million by 2023, at a CAGR of 12.5% during the forecast period. Download Here Free Sample Research Report of India HCM Market at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1969183 .

“Mumbai to become equivalent to Bengaluru by 2022”
Mumbai will gain market share and will become equivalent to Bengaluru by 2022, due to economic and political support by govt. in Mumbai region as State and Central government will work in syncwhich would offer more opportunities for adoption of HCM solutions. Additionally, Various HCM providers such as Spine software, geryt HR, Darwinbox are also focusing on the region.

“Manufacturing to have second largest market size during the forecast period”
Manufacturing is expected to be the second largest adopter of HCM software, there are various factors that are contributing to growth of HCM solutions in manufacturing sector, including need to hire and handle people, automate various processes, to generate reports and to understand workforce metrics. Apart from that government initiatives such as make in India and increasing developments in manufacturing sector would further boost the adoption of HCM in manufacturing sector.

Breakdown of Primary Participants’ Profile:
• By Vertical : IT and ITes :30%, Manufacturing :22%, Healthcare and Life Sciences : 19% , BFSI : 12%, Others* : 17%
• By Region: Bangalore: 21%, Mumbai: 15%, Pune:14%, NCR:13%, Kolkata:12%, Chennai: 10%, and Others: 15%

Report Highlights:
• To analyze the submarkets with respect to individual growth trends, future prospects and contribution to the HCM market

• To forecast the revenues of the India SMBs’ HCM market and its various segments with respect to major cities, namely, Bengaluru, Mumbai, NCR, Hyderabad, Chennai, Pune, Ahmadabad, Kolkata and Rest of India

• To provide detailed information regarding the major factors influencing the growth of the Human Capital Management (HCM) software market in Small and Medium-sized Businesses (SMBs) sector (drivers, restraints, opportunities, and industry specific challenges)

• To analyze market opportunities for stakeholders by identifying high-growth segments, potential regional markets, industry trends, and future growth prospects of the India SMB HCM market

• To strategically profile the key players of the India HCM market ecosystem and comprehensively analyze their products and core competencies in each segment

• To analyze competitive developments, such as special features, future plans, implementation, and support methods and delivery model

Most Popular Companies in the in the India Human Capital Management Market include are Keka (Hyderabad), Darwinbox (Hyderabad), greytHR (Bengaluru), ZingHR (Mumbai), People Works (Bengaluru), Zoho (Chennai).

Competitive Landscape of India Human Capital Management Market:
Vendor Offerings: Market Snapshot
Vendor Offerings Comparision – (Keka, Darwinbox, Greythr)
Vendor Offerings Comparision – (Zinghr, Peopleworks, Zoho People)

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This release was published on openPR.