Press release
Surge In Social Network Site Usage Boosts Demand For Talent Management Software Market: Pivotal Factor Influencing Talent Management Software Market Growth in 2025
Talent Management Software Market Size
Talent Management Software Market Size Growth Forecast: What to Expect by 2025?
The market for talent management software has embraced rapid expansion recently. Its growth is projected to escalate from $13.05 billion in 2024 to a substantial $14.56 billion in 2025, achieving a compound annual growth rate (CAGR) of 11.6%. Factors that have driven growth in the previous period include the creativity of vendors and market competition, user-friendly interfaces, a pivot towards cloud-based systems, along with performance and goal management.
How Will the Talent Management Software Market Size Evolve and Grow by 2029?
The market for talent management software is anticipated to experience significant expansion over the next few years, anticipating to reach a value of $24.83 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 14.3%. Several factors can explain this predicted growth during the forecasted period, such as the switch to hybrid work structures, emphasis on worker well-being, the skills deficit and lack of talent, as well as diversity, equity, and inclusion (DEI), and consistent performance management. Core trends expected during the forecasted timeframe consist of talent and internal mobility, employee welfare, and participation, assimilation with the HR ecosystem, security and conformity measures, succession mapping, leadership growth, and integration with HRIS and ERP systems.
View the full report here:
https://www.thebusinessresearchcompany.com/report/talent-management-software-global-market-report
What Drivers Are Propelling the Growth of Talent Management Software Market Forward?
The surge in social media site usage is fuelling the growth of the talent management software market. Social media websites offer a web-based service that allows individual users to create public or semi-public profiles within a limited system, make connections with other users, and explore their connections and those made by other users of the system. Employers are particularly fond of social media sites, as they offer an effective means to strengthen the employer's reputation and reach out to a broad pool of potential hires. For instance, research from the University of Maine, a prestigious public research university in the US, reported that there are 4.8 billion social media consumers across the world, with an additional 150 million new participants joining from April 2022 to April 2023, which equates to roughly 410,000 newcomers every day or around 4.7 each second. Consequently, the amplified employment of social networking platforms will propel the growth of the talent management software market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8201&type=smp
Which Emerging Trends Are Transforming the Talent Management Software Market in 2025?
Digital technology improvements are a prominent trend gathering momentum in the talent management software market. Leading participants in this sector are emphasizing technological progression in order to maintain their market standing. For example, in May of 2024, the India-based company ADP unveiled their newly integrated Talent Management Suite. This product is designed to assist firms in attracting, cultivating, and retaining elite employees through an all-encompassing solution. The suite is comprehensive, including features for talent recruitment, performance assessment, compensation management, succession planning, and learning administration. The suite's primary objective is to offer a smooth unification of diverse talent management practices. It addresses the intricate challenges that firms encounter when effectively managing their staff. Utilizing sophisticated learning resources and wisdom originating from Bersin & Associates, ADP aims to elevate the complete human capital management strategy for its clientele. This will allow them to simplify their operations while enhancing workforce engagement and productivity.
What Are the Key Segments in the Talent Management Software Market?
The talent management software market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment: On-Premise, Cloud
3) By Organization Size: SMEs, Large Enterprises
4) By Industry Vertical: BFSI, IT And Telecom, Manufacturing, Government, Healare, Education, Retail, Other Industry Verticals
Subsegments:
1) By Solution: Recruitment Management, Performance Management, Learning And Development, Compensation Management, Succession Planning, Workforce Planning
2) By Services: Consulting Services, Implementation Services, Training Services, Support And Maintenance Services
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8201&type=smp
Who Are the Key Players Shaping the Talent Management Software Market's Competitive Landscape?
Major companies operating in the talent management software market are Cornerstone OnDemand Inc., International Business Machines Corporation, Oracle Corporation, PeopleFluent Holdings Corp., Skillsoft Corporation, SAP SuccessFactors, TalentSoft SA, SumTotal Systems LLC, Workday Inc., TalentGuard Inc., Haufe Group GmbH & Co. KG, Ultimate Software Group Inc., PageUp People Limited, Automatic Data Processing Inc., Eightfold AI Inc., Deltek Inc., ClickUp Inc., Cornerstone Growth Acquisition Corp., Deel Technologies Inc., Dun & Bradstreet Corporation), Paycor Inc., Remo First Oy, Cegid Group SA, Rippling Inc., Sage HR
What Geographic Markets Are Powering Growth in the Talent Management Software Market?
North America was the largest region in the talent management software market share in 2024. The regions covered in the talent management software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8201
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Surge In Social Network Site Usage Boosts Demand For Talent Management Software Market: Pivotal Factor Influencing Talent Management Software Market Growth in 2025 here
News-ID: 4086462 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
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…
