Human Capital Management Market is Expected to be worth USD 29.9 billion by 2023, expanding at a CAGR of 8.7%

A new business intelligence report released by HTF MI with title “Global Human Capital Management Market (2018-2023)” that targets and provides comprehensive market analysis with future prospects to 2025. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends.

Top Players: Oracle, ADP, SAP SE, Workday, Inc., Ultimate Software Group, Inc., Kronos Incorporated, Ceridian HCM, Inc., IBM Corporation

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The global human capital management (HCM) market is expected to be worth USD 29.9 billion by 2023, expanding at a CAGR of 8.7%. Automation in the administration of employees, policies, and procedures in regional as well as global firms is a crucial driver for the HCM market. A significant share of the market is dominated by large global players such as SAP, Oracle, Workday, Ramco, ADP, Microsoft, Ultimate Software, and Cornerstone. These companies are focusing on acquiring smaller vendors to provide end-to-end solutions in all categories to the customers.

If you are involved in the Global Human Capital Management industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.

Segmentation based on software
Based on software, the HCM market is segmented by core HR, payroll & compensation management, performance management, learning, talent acquisition, workforce management, benefits administration, and others. Workforce management software dominated the global market, with a market size of USD 4.4 billion in 2018. Augmented need for automation in absence & leave management and time & attendance tracking has bolstered the demand for workforce management software. The learning software segment is anticipated to witness a significant increase in market share, expanding at a CAGR of 12.8% from 2018 to 2023. Spurring demand for self-directed agile learning tools, next-generation learning management systems, and micro-learning platform have been key trends over the past few years.

Competition Analysis:
Some of key competitors or manufacturers included in the study are Oracle, ADP, SAP SE, Workday, Inc., Ultimate Software Group, Inc., Kronos Incorporated, Ceridian HCM, Inc., IBM Corporation

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Market Analysis by Geographies:
This report is segmented into key Regions North America, Europe, Asia-Pacific etc with Production Development, Sales, and Regional Trade & Forecast.
Stay up-to-date with Global Human Capital Management market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth as the study avails you with market characteristics, size and growth, segmentation, regional breakdowns, competitive landscape, shares, trend and strategies for this market. In the Human Capital Management Market Analysis & Forecast 2019-2025, the revenue is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2019 and 2025. The production is estimated at XX million in 2018 and is forecasted to reach XX million by the end of 2023, growing at a CAGR of XX% between 2019 and 2025.

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Some of the Points cover in Global Human Capital Management Market Research Report is:

Chapter 1: Overview of Global Human Capital Management Market (2013-2025)
• Definition
• Specifications
• Classification
• Applications
• Regions

Chapter 2: Market Competition by Players/Suppliers 2013 and 2018
• Manufacturing Cost Structure
• Raw Material and Suppliers
• Manufacturing Process
• Industry Chain Structure

Chapter 3: Sales (Volume) and Revenue (Value) by Region (2013-2018)
• Sales
• Revenue and market share

Chapter 4, 5 and 6: Global Human Capital Management Market by Type, Application & Players/Suppliers Profiles (2013-2018)
• Market Share by Type & Application
• Growth Rate by Type & Application
• Drivers and Opportunities
• Company Basic Information

Chapter 7, 8 and 9: Global Human Capital Management Manufacturing Cost, Sourcing & Marketing Strategy Analysis
• Key Raw Materials Analysis
• Upstream Raw Materials Sourcing
• Marketing Channel

Chapter 10 and 11: Human Capital Management Market Effect Factors Analysis and Market Size (Value and Volume) Forecast (2019-2025)
• Technology Progress/Risk
• Sales Volume, Revenue Forecast (by Type, Application & Region)

Chapter 12, 13, 14 and 15: Global Human Capital Management Market Research Findings and Conclusion, appendix and data source
• Methodology/Research Approach
• Data Source (Secondary Sources & Primary Sources)
• Market Size Estimation

Some of the key questions answered in this report:

• Detailed Overview of Global Human Capital Management market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Global Human Capital Management market
• SWOT Analysis of each defined key players along with its profile and Porter’s five forces tool mechanism to compliment the same.
• What growth momentum or acceleration market carries during the forecast period?
• Which region may tap highest market share in coming era?
• Which application/end-user category or Product Type may seek incremental growth prospects?
• What would be the market share of key countries like North America, Europe, Asia-Pacific etc etc.?
• What focused approach and constraints are holding the Global Human Capital Management market tight?

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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