Press release
Talent Management Software Industry Is Likely To Climb To US$ 21.7 billion by 2032
New York, Global Talent Management Software Market report from Global Insight Services is the single authoritative source of intelligence on Talent Management Software Market . The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Talent management software is a tool used by businesses to identify, attract, develop, and retain top employees. This type of software typically includes modules for performance management, recruiting, succession planning, and learning and development. Talent management software can help businesses to improve their overall performance by ensuring that they have the right people in the right roles. Additionally, this software can help businesses to identify potential leaders and high-potential employees, and develop and retain these individuals.
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Market Drivers and Trends
Some of the key trends in Talent Management Software technology include:
1. Increased focus on employee engagement and retention: With the war for talent becoming increasingly fierce, organizations are placing a greater emphasis on employee engagement and retention. Talent management software can help organizations identify and retain top talent by providing tools for tracking employee engagement and performance.
2. Greater integration with HR systems: As talent management software becomes more sophisticated, organizations are seeking to integrate it more closely with their HR systems. This integration can help improve the accuracy of data and ensure that talent management processes are aligned with the organization's overall HR strategy.
3. Increased use of analytics: Organizations are increasingly using data analytics to drive their talent management decisions. Talent management software can provide insights into employee performance, engagement, and other factors that can help organizations make better decisions about hiring, development, and retention.
4. Increased focus on global talent: With the globalization of the economy, organizations are placing a greater emphasis on attracting and managing global talent. Talent management software can help organizations identify and assess global talent, as well as manage the complexities of international assignments.
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Major Players in the Global Talent Management Software Market
The key players in the report are Kenexa, SuccessFactors, Oracle Taleo, Cornerstone, Saba Cloud, PeopleFluent, People matter, Ultimate Pro, Lumesse ET Web, and Sum Total Systems among others.
Market Segments
By Component
Solution
Services
By Deployment Mode
Cloud
On-Premise
By Organization Size
Large Organizations
Small and Medium Businesses
By Region
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Spain
Rest of Europe
The Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
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Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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The global talent management market to grow from USD 6.46 billion in 2016 to USD 17.57 billion by 2023, at a CAGR of 15.37%. The year 2016 has been considered as the base year, while the forecast period is up-to 2023.
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