Press release
Human capital management (hcm) Market Competitive Research And Precise Outlook 2023 To 2030 | Castlight Health, Zenefits, ADP LLC, Paycom Software Inc.
From 2023 to 2030 , the worldwide human capital management (HCM) market is anticipated to expand at a CAGR of 11.2%, reaching a value of USD 33.1 billion. The market is expanding as a result of the rising use of cloud-based HCM solutions, a need to boost employee engagement and productivity, and an increased emphasis on compliance. A crucial area of the larger field of human resources and labor management is the Human Capital Management (HCM) market. The strategic approach to managing an organization's most important asset-its people-is included in HCM.In response to the changing characteristics of the modern workplace, the human capital management market was established. Organizations began to realize how much their use of human resources might affect their entire performance, which made the need for all-encompassing workforce management solutions obvious. Early HR software was a precursor to more advanced HCM systems, which streamlined operations, improved data visibility, and allowed for data-driven decision-making. The complexity of labor management, regulatory compliance, and the rising understanding of the relationship between successful HR practices and organizational performance have all contributed to the market's rise.
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Top Companies in the Global Human capital management (hcm) Market:
Castlight Health, Zenefits, ADP LLC, Paycom Software Inc., Ascentis Software Corporation, Ultimate Software, Paylocity, Talentsoft, Oracle Corporation, IBM, Workday, Inc., FinancialForce.com, SAP SE, Electronic Commerce Inc., WorkForce Software LLC, Skillsoft Limited, Haufe Group, UKG Pro, Ceridian Dayforce, Paychex, Paycor, TriNet Group, CDK Global, Insperity, Justworks, Gusto, Mercer
Human capital management (hcm) Market Segmentation Research
Human capital management (hcm) Market Segmentation Research allows you to categorize industry into various segments based on types, applications, end-users, and regions.
Segmentation for Global Human capital management (hcm) Market Based on Product Type and Application
Human capital management (hcm) by Types
Cloud
On-premises
Human capital management (hcm) by Application
BFSI
IT&Telecom
Retail
Healthcare
Manufacturing
Transportation&Logistics
Others
AI and machine learning are being used more and more in HCM systems to improve hiring procedures, offer individualized learning opportunities, and forecast employee churn. The development of HCM capabilities that enable remote work, virtual onboarding, and remote collaboration has been driven by the COVID-19 epidemic. The goal of HCM platforms is to focus the employee experience by providing self-service portals, ongoing feedback systems, and career development tools. By using analytics to monitor diversity indicators and pinpoint improvement areas, HCM systems are being modified to assist diversity, equality, and inclusion programs. The HCM market is dedicated to adopting innovation and technology in order to better manage and optimize the workforce, improve organizational performance, and promote employee well-being. These latest developments serve as a reminder of this dedication.
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North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa make up the market's regional segments. Over the course of the forecast, North America is anticipated to have the biggest market share. This is as a result of the region's early adoption of HCM solutions and the presence of several significant businesses. The adoption of HCM solutions is accelerated by rapid industrialization, urbanization, and an increasing emphasis on talent development in nations like China, India, and Japan.
Major Point of Table of Contents:
Chapter 1 Industry Overview
Chapter 2 Global Human capital management (hcm) Market Competition by Types, Applications, and Top Regions and Countries
Chapter 3 Production Market Analysis
Chapter 4 Global Human capital management (hcm) Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Human capital management (hcm) Market Analysis
Chapter 6 East Asia Human capital management (hcm) Market Analysis
Chapter 7 Europe Human capital management (hcm) Market Analysis
Chapter 8 South Asia Human capital management (hcm) Market Analysis
Chapter 9 Southeast Asia Human capital management (hcm) Market Analysis
Chapter 10 Middle East Human capital management (hcm) Market Analysis
Chapter 11 Africa Human capital management (hcm) Market Analysis
Chapter 12 Oceania Human capital management (hcm) Market Analysis
Chapter 13 South America Human capital management (hcm) Market Analysis
Chapter 14 Company Profiles and Key Figures in Human capital management (hcm) Business
Chapter 15 Global Human capital management (hcm) Market Forecast (2023-2028)
Chapter 16 Conclusions
Research Methodology...
Human capital management (hcm) Market research FAQs:
1. What is a Human capital management (hcm) market in an industry?
2. Which are the competitors in the Industry?
3. What's trending in the Human capital management (hcm) industry and in the eyes of buyers?
4. Who makes up the market and what their challenges are?
5. How to calculate market share size?
6. What is the relationship between Human capital management (hcm) market demand and supply?
7. How do you identify a market opportunity?
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