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Human Capital Management Market Worth $26.5 Billion by 2024 - Exclusive Report by MarketsandMarkets™
[December 02, 2019]

Human Capital Management Market Worth $26.5 Billion by 2024 - Exclusive Report by MarketsandMarkets™


CHICAGO, Dec. 2, 2019 /PRNewswire/ -- According to a new market research report "Human Capital Management Market by Software (Core HR, Applicant Tracking System, HR Analytics, Workforce Management), Service, Deployment Type (cloud and on-premises), Organization Size, and Region - Global Forecast to 2024", published by MarketsandMarkets™, the global HCM market size is expected to grow from USD 16.7 billion in 2019 to USD 26.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period.

MarketsandMarkets

Integration of emerging technologies, such as Artificial Intelligence (AI) and Machine Learning (ML), with HCM solutions has emerged as one of the strongest factors for HCM solution and services adoption across regions

Browse in-depth TOC on "Human Capital Management Market"
109 – Tables
36 – Figures  
149 – Pages   

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=193746782

Large enterprises segment to hold a larger market size during the forecast period

The adoption of HCM is high among large enterprises as these enterprises have to manage huge volumes of personnel information for employees located across geographies and need a centralized system to manage this information.

Consumer goods and retail segment to grow at the highest CAGR during the forecast period

Consumer goods and retail segment is expected to have the highest adoption of HCM solutions where this vertical is expected to outperform other verticals in terms of growth. The vertical has mainly adopted HCM solutions to have a centralized system to manage the information of all employees irrespective of store location.

Speak to Our Expert Analyst:
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=193746782



North America to account for the highest market share during the forecast period

North America has always been at the forefront of adopting advanced technologies and has depicted a high adoption of HCM. Many companies in North America are increasingly adopting HCM solutions to gain holistic visibility into their employees and improve the overall performance of their system. Moreover, a direct presence of many major HCM vendors in North America has further added to the high adoption of HCM solutions in North America.


The major players in the Human Capital Management Market are 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 (US). The study includes the in-depth competitive analysis of key players in the HCM market with their company profiles, recent developments, and key market strategies.

Browse Adjacent Markets: Software and Services Market Research Reports & Consulting

Related Reports:

Workforce Management Market by Component (Solutions and Services), Deployment (Cloud and On-premises), Organization Size (SMEs and Enterprises), Vertical, and Region - Global Forecast to 2021
https://www.marketsandmarkets.com/Market-Reports/workforce-management-market-27548173.html

Core HR Software Market by Software (Learning Management, Payroll and Compensation Management), Service, Deployment Type (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical, and Region - Global forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/core-human-resource-hr-software-market-81186018.html

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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