cft

Human Capital Management Market 2023 Industry Key Players, Trends, Sales, Supply, Demand, Analysis & Forecast to 2026

The global Human Capital Management market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends. The report scope includes market analysis on regional as well as country level.


user

John Trautt

2 months ago | 3 min read

Human capital management is that the process of managing the workers
so as to enhance the general performance of the organization. Its main
focus is on providing the competitive advantage to the organization and
is implemented in three categories like workforce acquisition, human
resource management and workforce optimization. It is a group of
practices for recruiting, managing, developing and optimizing human
resources of a corporation. Its main functions are managing employee
profile, payroll & compensation, benefits & perks, recruitment
and selection, training & development and workforce analytics.
Advancement in technology for solving human resource problems has
reduced the time span for solving the normal human resource activities
like workforce profile, information regarding attendance, leave &
performance status, recruitment, screening applications, and workforce
analytics. This enables human resource manager to specialise in
retaining workforce, attract candidates and align organizational goals
with individual goals that promotes the general growth of the
organization.

The global Human Capital Management (HCM) market is expected to cross
more than US$ 26 billion by 2027, at a Compound Annual Growth Rate
(CAGR) of 6.7% during the forecast period.

Further, growing demand for unified HCM portal for employee
activities for transparent visibility of activities in a corporation
like attendance & leave of employees, perks & benefits, payroll
& compensation and human resource rules & procedures is
estimated to support the market. Increasing demand for streamlining
human resource activities on the rear of growing technological
advancements which reduces the time period and help in speedy & easy
flow of activities alongside increasing adoption of digital HR
technology are a number of the many factors that are expected to spice
up the expansion of the market.

Global Human Capital Management market is segmented based on the
Component as, Software and Services. On the basis of Software as, the
global Human Capital Management market is segregated as, Core HR,
Applicant Tracking System, HR Analytics and Workforce Management. Global
Human Capital Management market is segmented based on the Services as,
Integration and Implementation, Support and Maintenance and Consulting.
On the basis of Deployment Model as, the global Human Capital Management
market is segregated as, On-Premises and Cloud. Global Human Capital
Management market is segmented based on the Organization Size as, Large
Enterprises and Small and Medium-Sized Enterprises. Global Human Capital
Management market is segmented based on the Vertical as, Banking,
Financial Services, and Insurance, Government, Manufacturing, Telecom
and IT, Consumer Goods and Retail, Healthcare and Life Sciences, Energy
and Utilities, Transportation and Logistics and Others.

Browse Full Report from Here: https://www.marketresearchengine.com/human-capital-management-market-size

Global Human Capital Management market report covers various regions
including North America, Europe, Asia Pacific, and Rest of World. The
regional Human Capital Management market is further bifurcated for major
countries including U.S., Canada, Germany, UK, France, Italy, China,
India, Japan, Brazil, South Africa and others.

Research Methodology:

To calculate the market size, the report considers the revenue
generated from the sales of Human Capital Management market
manufacturers. The revenue generated from the sales of Human Capital
Management manufacturer has been calculated through primary and
secondary research.

The market size estimation also considered leading players revenues
as part of triangulation the key players considered Workday (US), Oracle
(US), ADP (US), SAP (UK), Microsoft (US), IBM (US), Ultimate Software
(US), Ceridian (US), SumTotal (US), Kronos (US),Infor (US), Cornerstone
(US), Meta4 (US), Ramco Systems (India), Bamboo HR (US), Namely (US), 
and Workforce Software Availability Services among others operating in
the Human Capital Management market across the globe identified through
secondary research and a corresponding detailed analysis of the top
vendors in the market. The market size calculation also includes types
of segmentation determined using secondary sources and verified through
primary sources.


The Human Capital Management Market has been segmented as below:

Human Capital Management Market, By Component

  • Software
  • Services

Human Capital Management Market, By Software

  • Core HR
  • Benefits and Claims Management
  • Payroll and Compensation Management
  • Learning Management
  • Succession Planning
  • Applicant Tracking System
  • HR Analytics
  • Workforce Management
  • Absence Management
  • Performance Management
  • Workforce Scheduling
  • Time and Attendance Management
  • Workforce Analytics

Human Capital Management Market, By Service

  • Integration and Implementation
  • Support and Maintenance
  • Consulting

Human Capital Management Market, By Deployment Model

  • Cloud
  • On-Premises

Human Capital Management Market, By Organization Size

  • Large Enterprises
  • Small and Medium-Sized Enterprises

Human Capital Management Market, By Vertical

  • Banking, Financial Services, and Insurance
  • Government
  • Manufacturing
  • Telecom and IT
  • Consumer Goods and Retail
  • Healthcare and Life Sciences
  • Energy and Utilities
  • Transportation and Logistics
  • Others

Human Capital Management Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of World

Request Sample Report from here: https://www.marketresearchengine.com/human-capital-management-market-size

Report scope:

The global Human Capital Management market report covers detailed
study with the underlying influencing factors for the variations in the
industry growth trends. The report scope includes market analysis on
regional as well as country level.

Media Contact
Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website:
https://www.marketresearchengine.com/

Upvote


user
Created by

John Trautt


people
Post

Upvote

Downvote

Comment

Bookmark

Share


Related Articles