Press release
Human Capital Management Market maintains growth thanks to the cloud-based HCM solution, AMR Reports
Explore Full Summary: https://www.alliedmarketresearch.com/human-capital-management-HCM-market
North America was the highest revenue contributor in the global market in 2016, due to an increase in the need to automate HR processes such as talent management, performance management, and compensation management. In addition, an increase in the adoption of cloud-based solutions and low deployment cost & maintenance expense fuel the growth of the market. In addition, Asia-Pacific is anticipated to witness a significant growth rate during the forecast period, owing to the growth in need to streamline HR function, increase in adoption of HCM solution among SMEs, and other factors.
The global HCM market was valued at $13,004 million in 2016, and is projected to reach at $22,174 million by 2023, growing at a CAGR of 7.8% from 2017 to 2023. Managed services segment is anticipated to witness the highest growth rate during the forecast period.
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The HCM market is expected to witness an average growth rate of 7.8% during the forecast period, due to increase in demand for unified HCM suite, increase in adoption of cloud-based HCM solution, and growth in need to streamline HR operations.
Prominent Industry Players Profiled in the Report:
o ADP LLC
o Cornerstone OnDemand
o Epicor Software Corporation
o IBM Corporation
o Infor
o Kronos Inc.
o Oracle Corporation
o SAP SE
o SumTotal Systems LLC
o Ultimate Software Group Inc.
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This report provides a comprehensive analysis of
o Top impacting Growth Factors
o Competitive Analysis of Leading Market Players
o Current and Future Market Trends
o Market Segmentation
o Revenue Estimation by 2023 (Upgradable)
KEY QUESTIONS ANSWERED IN HUMAN CAPITAL MANAGEMENT (HCM) MARKET RESEARCH STUDY:
o What is the market growth rate of Human Capital Management (HCM) Market from 2019-2026?
o What will be the global market size of the market from 2019 to 2026?
o Who are the leading global players in the Human Capital Management (HCM) Market?
o What are the current trends and predicted trends?
o What are the challenges faced in the Human Capital Management (HCM) Market?
o Which will be the niches at which players profiling with thorough plans, financials, and also recent advancements should set a presence?
o Which will be the anticipated growth rates for your own Human Capital Management (HCM) Market economy altogether and also for every segment inside?
o Which will be the Human Capital Management (HCM) Market application and types and forecast accompanied closely by producers?
o What are the conclusions of the Human Capital Management (HCM) Market report?
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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