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Global Compensation Software Market to Grow at a CAGR Of 8.77% During The Period 2017-2021

08-23-2017 10:36 AM CET | IT, New Media & Software

Press release from: Orbis Research

Global Compensation Software Market to Grow at a CAGR Of 8.77%

Compensation Software automates, organizes, and simplifies complex compensation planning and enables managers to increase accuracy, improve budget allocations, and align compensation decisions with organizational guidelines. Enterprises are implementing compensation software to make better compensation decisions while reducing cycle times with up-to-date, accurate, and auditable processes. The adoption of compensation software is increasing in small enterprises and startups because it shortens compensation cycles for the most complex compensation planning.

Analysts forecast the Global Compensation Software Market to Grow at a CAGR Of 8.77% During The Period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global compensation software market for 2017-2021. To calculate the market size, the report considers revenue generated from the sale of compensation/payroll software license, maintenance and support, installation, customization, and training.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Global Compensation Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Browse Full Report with TOC: http://www.orbisresearch.com/reports/index/global-compensation-software-market-2017-2021

Companies Mentioned: Bosch Sicherheitssysteme, Siemens, Honeywell International, Schneider Electric, ASSA ABLOY, and Tyco, Comelit Group UK, Panasonic, Genetec, Texecom, Communication Networks, SALTO Systems.

Key vendors
• ADP
• Oracle
• SAP SuccessFactors
• Ultimate Software
• Workday

Other prominent vendors
• beqom
• BullseyeEngagement
• Cornerstone
• Curo
• CWS Software
• Decusoft
• Execupay
• Greytip Software
• Harvest HCM
• Halogen Software
• HRsoft
• JSM Technologies
• Kinixsys
• Kronos
• Lumesse
• Nitso Technologies
• Paycom
• Peoplefluent
• PayScale
• sumHR
• Talentsoft
• Willis Towers Watson

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Market driver
• Demand for automated compensation management processes

Market challenge
• High implementation and maintenance cost

Market trend
• Rise in demand for integrated HCM solutions

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Companies Mentioned:
ADP, Oracle, SAP SuccessFactors, Ultimate Software, Workday, beqom, BullseyeEngagement, Cornerstone, Curo, CWS Software, Decusoft, Execupay, Greytip Software, Harvest HCM, Halogen Software, HRsoft, JSM Technologies, Kinixsys, Kronos, Lumesse, Nitso Technologies, Paycom, Peoplefluent, PayScale, sumHR, Talentsoft, and Willis Towers Watson.

Table of Contents
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
Market outline

PART 05: Economic overview
Global economic overview and its impact on the market and vendors

PART 06: Market landscape
Market overview
Market assumptions
Global HCM software market
Share of compensation software in global HCM software market
Global compensation software market
Five forces analysis

PART 07: Market segmentation by deployment model
Global compensation software market by deployment model
Global on-premises compensation software market
Global cloud-based compensation software market

PART 08: Geographical segmentation
Global compensation software market by geography
Americas
EMEA
APAC

PART 09: Buying criteria
Buying criteria for compensation software

PART 10: Decision framework

PART 11: Drivers and challenges
Market drivers
Market challenges

PART 12: Market trends
Rise in demand for integrated HCM solutions
Accessibility to mobile applications
Increasing adoption of digital HR technology

PART 13: Vendor landscape
Competitive scenario
Vendor matrix
Competitive rating
Other prominent vendors

PART 14: Key vendor profiles
ADP
Oracle
SAP SuccessFactors
Ultimate Software
Workday

PART 15: Mergers and acquisitions
Mergers and acquisitions in the market

PART 16: Appendix

Orbis Research is a single point aid for all your Market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customised reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialisation. This helps our clients to map their needs and we produce the perfect required Market research study for our clients.

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