May 26, 2022

| Technavio News provided by Share this article Share this article NEW YORK, May 25, 2022 /PRNewswire/ -- The global human capital management solutions market size is expected to increase by USD 12.16 billion between 2020 and 2025. The market observed a YOY growth of 9.52% in 2021 and the growth momentum is expected to accelerate at a CAGR of 10.57% during the forecast period. North America will have the largest share of the market. About 34% of the overall market growth is expected to originate from the region. Download a Sample Report Now for more highlights on the market size, growth momentum, and YOY growth rates. Technavio has announced its latest market research report titled Human Capital Management Solutions Market by Application and Geography - Forecast and Analysis 2021-2025 Frequently Asked Questions: By application, the core HR segment will be the leading segment in the market. What are the major trends in the market? The emergence of cloud-computing services will emerge as the key trend in the market. At what rate is the market projected to grow? The market is projected to grow at a CAGR of 10.57% during the forecast period. Who are the top players in the market? Automatic Data Processing Inc., Ceridian HCM Holding Inc., Infor, Kronos Inc., Oracle Corp., Ramco Systems Ltd., SAP SE, Talentia Software Group, The Ultimate Software Group Inc., and Workday Inc. are identified as the major market participants. What are the key market drivers and challenges? The market is driven by the increased demand for automated recruitment processes. However, the threat from open-source software will reduce the growth potential in the market. How big is the North American market? The region will account for 34% of the global market share. The global human capital management solutions market is fragmented with the presence of several well-established players. In a bid to help players strengthen their market foothold, this human capital management (HCM) solutions market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies. Human Capital Management (HCM) Solutions Market 2021-2025: Segmentation The global human capital management solutions market is segmented as below: Application Workforce The core HR segment will have the largest share of the market. The increasing adoption of digital technologies in organizations, coupled with the need for cost reduction and efficient workforce management is driving the growth of the segment. Geographic South America North America will present significant growth opportunities for market players during the forecast period. Factors such as the growth in job opportunities, increase in the number of job seekers, wider penetration of social media in recruitment processes, and the increased need for cost optimization are driving the growth of the regional market. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The human capital management (HCM) solutions market report covers the following areas: CAGR of the market during the forecast period 2021-2025 Detailed information on factors that will assist human capital management (HCM) solutions market growth during the next five years Estimation of the human capital management (HCM) solutions market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the human capital management (HCM) solutions market across North America, Europe, APAC, and South America Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of human capital management (HCM) solutions market vendors Related Reports: Report Coverage Market growth 2021-2025 Performing market contribution Competitive landscape Companies profiled Automatic Data Processing Inc., Ceridian HCM Holding Inc., Infor, Kronos Inc., Oracle Corp., Ramco Systems Ltd., SAP SE, Talentia Software Group, The Ultimate Software Group Inc., and Workday Inc. Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents: 3 Market Sizing 3.2 Market segment analysis Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million) Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%) 4 Five Forces Analysis 4.2 Bargaining power of buyers Exhibit 09: Bargaining power of buyers 4.3 Bargaining power of suppliers Exhibit 10: Bargaining power of suppliers 4.4 Threat of new entrants Exhibit 11: Threat of new entrants 4.5 Threat of substitutes 4.6 Threat of rivalry 4.7 Market condition 5 Market Segmentation by Application 5.1 Market segments 5.2 Comparison by Application 5.3 Core HR - Market size and forecast 2020-2025 Exhibit 17: Core HR - Market size and forecast 2020-2025 ($ million) Exhibit 18: Core HR - Year-over-year growth 2020-2025 (%) 5.4 Talent - Market size and forecast 2020-2025 Exhibit 19: Talent - Market size and forecast 2020-2025 ($ million) Exhibit 20: Talent - Year-over-year growth 2020-2025 (%) 5.5 Workforce - Market size and forecast 2020-2025 Exhibit 21: Workforce - Market size and forecast 2020-2025 ($ million) Exhibit 22: Workforce - Year-over-year growth 2020-2025 (%) 5.6 Market opportunity by Application Exhibit 23: Market opportunity by Application 6 Customer landscape 7.2 Geographic comparison Exhibit 27: North America - Market size and forecast 2020-2025 ($ million) Exhibit 28: North America - Year-over-year growth 2020-2025 (%) 7.4 Europe - Market size and forecast 2020-2025 Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million) Exhibit 30: Europe - Year-over-year growth 2020-2025 (%) 7.5 APAC - Market size and forecast 2020-2025 Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million) Exhibit 32: APAC - Year-over-year growth 2020-2025 (%) 7.6 South America - Market size and forecast 2020-2025 Exhibit 33: South America - Market size and forecast 2020-2025 ($ million) Exhibit 34: South America - Year-over-year growth 2020-2025 (%) 7.7 MEA - Market size and forecast 2020-2025 Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million) Exhibit 36: MEA - Year-over-year growth 2020-2025 (%) 7.8 Key leading countries 7.9 Market opportunity by geography Exhibit 38: Market opportunity by geography ($ million) 8 Drivers, Challenges, and Trends 8.1 Market drivers 8.3 Market trends 10.3 Automatic Data Processing Inc. Exhibit 45: Automatic Data Processing Inc. - Overview Exhibit 46: Automatic Data Processing Inc. - Business segments Exhibit 47: Automatic Data Processing Inc. – Key news Exhibit 48: Automatic Data Processing Inc. - Key offerings Exhibit 49: Automatic Data Processing Inc. - Segment focus 10.4 Ceridian HCM Holding Inc. Exhibit 50: Ceridian HCM Holding Inc. - Overview Exhibit 51: Ceridian HCM Holding Inc. - Business segments Exhibit 52: Ceridian HCM Holding Inc. – Key news Exhibit 53: Ceridian HCM Holding Inc. - Key offerings 10.5 Infor Inc. Exhibit 55: Infor Inc. - Product and service Exhibit 56: Infor Inc.– Key news Exhibit 57: Infor Inc. - Key offerings 10.6 Kronos Inc. Exhibit 59: Kronos Inc. - Product and service Exhibit 60: Kronos Inc. - Key offerings 10.7 Oracle Corp. Exhibit 62: Oracle Corp. - Business segments Exhibit 63: Oracle Corp. - Key offerings Exhibit 64: Oracle Corp. - Segment focus 10.8 Ramco Systems Ltd. Exhibit 66: Ramco Systems Ltd. - Business segments Exhibit 67: Ramco Systems Ltd. – Key news Exhibit 68: Ramco Systems Ltd. - Key offerings Exhibit 69: Ramco Systems Ltd. - Segment focus 10.9 SAP SE Exhibit 71: SAP SE - Business segments Exhibit 72: SAP SE – Key news Exhibit 73: SAP SE - Key offerings Exhibit 74: SAP SE - Segment focus 10.10 Talentia Software Group Exhibit 76: Talentia Software Group - Product and service Exhibit 77: Talentia Software Group – Key news Exhibit 78: Talentia Software Group - Key offerings 10.11 UKG Inc. Exhibit 80: UKG Inc. - Product and service Exhibit 81: UKG Inc. - Key offerings 10.12 Workday Inc.