openPR Logo
Press release

Human Capital Management Market is Dazzling Worldwide and Forecast to 2031

07-16-2024 09:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Human Capital Management Market is Dazzling Worldwide

The global human capital management (HCM) market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period. HCM market growth is expected to be accelerated during the forecast period by factors such as rising demand for artificial intelligence and machine learning in different HCM suites, the prevalence of advanced solutions in the form of data management and processing, rising usages of HCM for recruiting, time and attendance management, and applicant tracking, and the rising need to reduce HR-related costs. Such advantages of HCM prompt companies to use this software.

Another factor that contributes to the market's growth is the technological advancements in HCM that allow for more efficient work and HR operations. Particularly for remote or virtual employment, businesses use AR and VR technologies to interview candidates and hire personnel. Along with this, employees are now receiving training and development sessions online due to the growing trend of remote employment. The need for these kinds of technology has grown as a result, including the use of HR tech with gamification, AI, and AR/VR for a more practical and effective approach.

Additionally, companies are also launching new and effective HR analytics, core HR, and workforce management software solutions to contribute to the market's growth. Recently, in March 2023, Explorance, the global leader in People Insight Solutions, announced the availability of Explorance BlueML as well as the start of a special free offer for the award-winning workforce and student sentiment analysis solutions. BlueML, an industry-leading machine learning (ML) tool trained on employee and student feedback, delivers actionable insights from large datasets of comments and feedback. Businesses and academic institutions gain a clearer picture of employee and student needs and expectations by eliminating the need for time-consuming manual review and data organization processes while also informing preventive steps to support a more satisfied, involved, and well-trained workforce or student body.

To Request a Sample of our Report on Human Capital Management Market:  https://www.omrglobal.com/request-sample/human-capital-management-market

Market Coverage           

•                 The Market Number Available for - 2023-2031

•                 Base year- 2023

•                 Forecast period- 2024-2031

Segment Covered- 

·                  By Software Type

·                  By Deployment Model

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

•                 Competitive Landscape-Bitrix, Cornerstone, Epicor Software, Gusto, Infor, and others.    

A full Report of Human Capital Management Market is Available @  https://www.omrglobal.com/industry-reports/human-capital-management-market

Human Capital Management Market Report Segment

By Software Type

·                  Core HR

·                  Applicant Tracking System

·                  HR Analytics

·                  Workforce Management

By Deployment Model

·                  Cloud

·                  On-Premise

Human Capital Management Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles 

·                  Automatic Data Processing

·                  Bamboo HR

·                  Benefitfocus

·                  Bitrix

·                  Cornerstone

·                  Epicor Software

·                  Gusto

·                  Infor

·                  Kronos Incorporated

·                  Meta4

·                  Namely

·                  Oracle Corp.

·                  Paychex

·                  Paycom Software

·                  Paylocity Corp.

·                  PeopleStrategy

·                  Ramco Systems

·                  Sage Group

·                  Workday, Inc

·                  Workforce Software

Reasons to buy from us -

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/human-capital-management-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Human Capital Management Market is Dazzling Worldwide and Forecast to 2031 here

News-ID: 3582675 • Views:

More Releases from Orion Market Research

Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sustainability Preferences
Hair Accessories Market Poised for Strong Growth Driven by Gen Z Trends and Sust …
Hair accessories market was valued at $23.8 billion in 2024 and is projected to reach $55.2 billion in 2035, growing at a CAGR of 8.2% during the forecast period (2025-2035). Generation Z, with significant disposable income, is transforming the hair accessories category in a major way. Their close connection to trends creates a unique feeling of urgency to self-express through fashion, such as clips, scrunchies, and barrettes. It has become
Railway Management System Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Railway Management System Market Size Analysis, Competitive Insights, Leading Pl …
Railway System (or Railway Management System) market was valued at approximately USD 28.28 billion, and it is expected to reach about USD 45.19 billion by 2033, growing at a CAGR of around 4.8% from 2024 to 2033. Railway Management System Market Overview The Railway Management System market includes technologies and systems used to plan, monitor, and manage railway operations-everything from traffic and signaling systems to asset and maintenance management, passenger information,
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Monocalcium Phosphate Market Size Analysis, Competitive Insights, Leading Player …
Monocalcium Phosphate market was valued at about USD 4.2 billion, and it is anticipated to reach around USD 6.9 billion by 2033, growing at a CAGR of approximately 5% from 2023 to 2033. Monocalcium Phosphate Market Overview Monocalcium phosphate (MCP) is a calcium-phosphorus compound widely used in animal feed, fertilizers, and also in food and beverage applications (for example as leavening agent or acidity regulator), due to its solubility and bioavailability. The
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Automotive Lubricants Market Size Analysis, Competitive Insights, Leading Player …
Automotive Lubricants Market was valued at approximately USD 70.44 billion. By 2033, it is expected to reach around USD 107.09 billion, growing at a CAGR of about 3.3% from 2025 to 2033. Automotive Lubricants Market Overview The automotive lubricants market consists of products like engine oils, gear oils, greases, hydraulic fluids, and transmission fluids that reduce friction, wear and tear, and improve efficiency and lifespan of vehicle components. Demand is driven by

All 5 Releases


More Releases for Management

Gym Management Software Market By Functions - Scheduling Appointments, Waitlist …
MarketResearchReports.Biz announces addition of new report "Gym Management Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" to its database. Gym management software is a software solution which allows the users to manage the different processes associated with running a gym in an efficient and effective manner. These software solutions are generally multifunctional and can manage all the diverse processes associated with managing a gym
Water Network Management, Water Network Management trends, Water Network Managem …
MarketStudyReport.com adds a new 2018-2023 Global Water Network Management Market Report focuses on the major drivers and restraints for the global key players providing analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. This report presents a comprehensive overview, market shares, and growth opportunities of by Water Network Management product type, application, key manufacturers and key regions. Over the next five years, Water Network Management will
Cloud Project Portfolio Management Market Report 2018: Segmentation by Applicati …
Global Cloud Project Portfolio Management market research report provides company profile for CA Technologies (New York, U.S.), HPE (California, U.S.), Changepoint Corporation (Richmond Hill, Ontario), Clarizen, Inc. (California, U.S.), Microsoft Corporation (Washington, U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and
Prescriptive analytics Market Outlook 2025 focus On: Risk Management, Operation …
A detailed market study on "Global Prescriptive analytics Market" examines the performance of the Prescriptive analytics Market. It encloses an in-depth Research of the Prescriptive analytics Market state and the competitive landscape globally. This report analyzes the potential of Prescriptive analytics Market in the present and the future prospects from various prospective in detail. Get Free Sample Report@ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-prescriptive-analytics-market Prescriptive analytics market accounted for USD 1.20 billion growing at a CAGR of
Facility Management Market Solutions & Services (Real Estate & Lease Management, …
ReportsWeb.com added “Global Facility Management Market to 2025” to its vast collection of research Database. The report classifies the global Facility Management Market in a precise manner to offer detailed insights into the aspects responsible for augmenting as well as restraining market growth. Facility Management is an essential part which handles all functions related to enterprise and helps in streaming all the operations with reducing cost. Managing life cycle management of
Telecom Expense Management Market Analysis For Financial Management, Order Manag …
The telecom expense management (TEM) market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast period and 2015 is the base year. The report covers all the major trends and technologies playing a key role in telecom expense management market growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market’s growth during the said