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Human Capital Management (HCM) is seeing an employee staff as an asset, a human capital whose market value at present state can be measured and his future value can be modified regarding an investment. The organisations invest in human capital in the form of free training, higher wages, offering health and exercise programs, reimbursement of educational expenses, and supporting a family through healthcare and consulting services.
Human Capital Management Market Report Segments Size & Growth:
Human Capital Management Market size is projected to reach approximately USD 22.1 Billion by the end of 2024 with a CAGR of close to 9.28% from USD 14.40 Billion in 2017 during the forecast timeline 2018-2024. Growing demand in the mobile HCM applications and growing demand for talent mobility in the organisations is driving the HCM market size. With the advancement of technology, the organisation is shifting to cloud-based software solutions and deployment. Due to this heavy adoption of cloud-based services by many organisations led to potential markets coming into the picture. On the other hand, privacy and security questions are arising due to this cloud-based deployment of information from organisation to organisation. Due to this security, cyber thefts or hacking of the information deployed from the cloud is leading the most of the companies resistant to adapt to new solutions. Even because of the absence of expertise in using the cloud-based system is another challenge faced by this HCM industry.
Human Capital Management Market Report Segments Share:
The HCM Market is segmented by an operation carried out by using a software type and they are Workforce Management, Sourcing and Recruitment, Applicant Tracking System, Staff Vendor Management, Core HR and others. Among these, the Core HR software market size is expected to be the largest over the forecasting period. The need for Core HR software in any organisation is a basic requirement which includes payroll, benefits administration maintenance of employee data, talent management, workforce management and others. This particular software is legit for and enterprise irrespective of its size hence propelling the HR software market size.
The Human Capital Management Industry is further segmented into service-based operations such as Integration, Support Maintenance, and Consulting. By Deployment Model, the Human Capital Market is segmented into On-Premises and Cloud-based deployment. Out of which the cloud-based deployment is expected to have the largest share due to the recent emerging industries which use the cloud-based data systems to deploy the data.
By Enterprise Size, the Human Capital management Industry is segmented into Large Enterprise and Small & Medium Enterprise (SME). Among them, the SME’s are expected to have the highest CAGR during the forecast period. Due to the increase in the competition in the HCM market has made them to invest huge amounts to get a unique business software from which a model can be built and can be used for solving the market strategies and help the industries in decision making.
Based on the end user the Human Capital Management Market is segmented into BFSI sector, Government, Manufacturing, Consumer Goods and Retail, Healthcare and Life Sciences, Energy and Utilities, Transportation and Logistics, and others. Among these, the consumer goods sector and retail are growing in rapidly in terms of technological advancements, customer needs, and employment. This growth in retail and consumer goods sector is making them to use their resources very efficiently to get good profits.
Geographically the HCM market is segmented into North America, South America, Europe, Asia Pacific, Middle East and Africa, North America region has the largest share because of its concern about the adoption of HCM services. High adoption of the digital technology in various verticals in North America, mainly in USA and Canada is increasing the HCM market growth. The HCM market is emerging in Asia Pacific regions, Middle East and Africa, Latin America. So there is a scope of adoption of HCM Software in these regions thus increasing the demand for the HCM software in the coming future.
Human Capital Management Market Report Trends:
- On February 2018 Infor launches Healthcare Enterprise Analytics which will turn the complex data into a unified picture of patient health stats.
- On October 3rd, 2017, Ceridian launches Dayforce Software Partner Program
Human Capital Management Market Report Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Global and Regional Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major market players, such as
- Cornerstone Ondemand, Inc.
- Infor
- Peoplestrategy, Inc.
- Ceridian HCM, Inc.
- Paycom Software, Inc
Along with these companies, there were many other companies considered/cited in the report while analysing the Human Capital Management (HCM) Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Growing demand for Mobile HCM applications
4.1.2 Increase in demand for Talent Mobility
4.2 Restraints
4.2.1 Privacy and Security concerns on the cloud-based deployment
4.3 Opportunities
4.3.1 Shifting the gears towards the Cloud-Based Software Solutions
4.3.2 Evolving potential markets.
4.4 Challenges
4.4.1 Concerns about Deployment and its correct usage
4.4.2 Most of the organizations are resistant to adapt to new solutions
Chapter 5 Human Capital Management Market – By Software
5.1 Workforce Management
5.2 Sourcing and Recruitment
5.3 Applicant Tracking System
5.4 Staffing Vendor Management
5.5 Core HR
5.6 Others
Chapter 6 Human Capital Management Market– By Service
6.1 Integration
6.2 Support and Maintenance
6.3 Consulting
Chapter 7 Human Capital Management Market– By Deployment Model
7.1 On-Premises
7.2 Cloud-Based
Chapter 8 Human Capital Management Market– By Enterprise Size
8.1 Large Enterprise
8.2 Small and Medium Enterprise (SME)
Chapter 9 Human Capital Management Market– By End-User
9.1 Banking, Financial Services, and Insurance
9.2 Government
9.3 Manufacturing
9.4 Consumer Goods and Retail
9.5 Healthcare and Life Sciences
9.6 Energy and Utilities
9.7 Transportation and Logistics
9.8 Others
Chapter 10 Human Capital Management Market- By Geography
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 U.K.
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6. Rest of Europe
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia & New Zealand
10.4.6 Rest of APAC
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Others
10.6 Middle East & Africa
10.6.1 Middle East
10.6.2 Africa
Chapter 11 Human Capital Management Market- Company Profiles
11.1 Cornerstone Ondemand, Inc.
11.2 Infor
11.3 Peoplestrategy, Inc.
11.4 Ceridian HCM, Inc.
11.5 Paycom Software, Inc.
11.6 Employwise, Inc.
11.7 SumTotal Systems, LLC
11.8 International Business Machines Corporation
11.9 Ultimate Software Group, Inc.
11.10 Automatic Data Processing, LLC
11.11 Kronos, Inc.
11.12 SAP SE
11.13 Oracle Corporation
11.14 Workday, Inc.
11.15 Linkedin Corporation
Chapter 12 Human Capital Management Market- Competitive Landscape
12.1. Market Share Analysis
12.2. Strategies Adopted by top companies
12.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 13 Market Insights
13.1. Industry Experts Insights
13.2. Analysts Opinions
13.3. Investment Opportunities
Chapter 14 Appendix
14.1 List of Tables
14.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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Human Capital Management (HCM) is seeing an employee staff as an asset, a human capital whose market value at present state can be measured and his future value can be modified regarding an investment. The organisations invest in human capital in the form of free training, higher wages, offering health and exercise programs, reimbursement of educational expenses, and supporting a family through healthcare and consulting services.
Human Capital Management Market Report Segments Size & Growth:
Human Capital Management Market size is projected to reach approximately USD 22.1 Billion by the end of 2024 with a CAGR of close to 9.28% from USD 14.40 Billion in 2017 during the forecast timeline 2018-2024. Growing demand in the mobile HCM applications and growing demand for talent mobility in the organisations is driving the HCM market size. With the advancement of technology, the organisation is shifting to cloud-based software solutions and deployment. Due to this heavy adoption of cloud-based services by many organisations led to potential markets coming into the picture. On the other hand, privacy and security questions are arising due to this cloud-based deployment of information from organisation to organisation. Due to this security, cyber thefts or hacking of the information deployed from the cloud is leading the most of the companies resistant to adapt to new solutions. Even because of the absence of expertise in using the cloud-based system is another challenge faced by this HCM industry.
Human Capital Management Market Report Segments Share:
The HCM Market is segmented by an operation carried out by using a software type and they are Workforce Management, Sourcing and Recruitment, Applicant Tracking System, Staff Vendor Management, Core HR and others. Among these, the Core HR software market size is expected to be the largest over the forecasting period. The need for Core HR software in any organisation is a basic requirement which includes payroll, benefits administration maintenance of employee data, talent management, workforce management and others. This particular software is legit for and enterprise irrespective of its size hence propelling the HR software market size.
The Human Capital Management Industry is further segmented into service-based operations such as Integration, Support Maintenance, and Consulting. By Deployment Model, the Human Capital Market is segmented into On-Premises and Cloud-based deployment. Out of which the cloud-based deployment is expected to have the largest share due to the recent emerging industries which use the cloud-based data systems to deploy the data.
By Enterprise Size, the Human Capital management Industry is segmented into Large Enterprise and Small & Medium Enterprise (SME). Among them, the SME’s are expected to have the highest CAGR during the forecast period. Due to the increase in the competition in the HCM market has made them to invest huge amounts to get a unique business software from which a model can be built and can be used for solving the market strategies and help the industries in decision making.
Based on the end user the Human Capital Management Market is segmented into BFSI sector, Government, Manufacturing, Consumer Goods and Retail, Healthcare and Life Sciences, Energy and Utilities, Transportation and Logistics, and others. Among these, the consumer goods sector and retail are growing in rapidly in terms of technological advancements, customer needs, and employment. This growth in retail and consumer goods sector is making them to use their resources very efficiently to get good profits.
Geographically the HCM market is segmented into North America, South America, Europe, Asia Pacific, Middle East and Africa, North America region has the largest share because of its concern about the adoption of HCM services. High adoption of the digital technology in various verticals in North America, mainly in USA and Canada is increasing the HCM market growth. The HCM market is emerging in Asia Pacific regions, Middle East and Africa, Latin America. So there is a scope of adoption of HCM Software in these regions thus increasing the demand for the HCM software in the coming future.
Human Capital Management Market Report Trends:
- On February 2018 Infor launches Healthcare Enterprise Analytics which will turn the complex data into a unified picture of patient health stats.
- On October 3rd, 2017, Ceridian launches Dayforce Software Partner Program
Human Capital Management Market Report Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.
Global and Regional Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact in altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The major market players, such as
- Cornerstone Ondemand, Inc.
- Infor
- Peoplestrategy, Inc.
- Ceridian HCM, Inc.
- Paycom Software, Inc
Along with these companies, there were many other companies considered/cited in the report while analysing the Human Capital Management (HCM) Market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base
Chapter 1 Introduction
1.1 Executive Summary
1.2 Market Definition
1.3 Scope of the Study
Chapter 2 Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Analytic Tools and Model
2.4 Economic Indicator
2.4.1 Base Year, Base Currency, Forecasting Period
2.5 Expert Validation
2.6 Study Timeline
Chapter 3 Market Analysis
3.1 Industry Value Chain Analysis
3.2Porter’s Five Force Analysis
3.2.1 Bargaining Power of Buyers
3.2.2 Bargaining Power of Suppliers
3.2.3 Threats of Substitutes
3.2.4 Threats of New Entrants
3.2.5 Industry Rivalry
3.3 PESTLE Analysis
3.3.1 Political
3.3.2 Economical
3.3.3 Social
3.3.4 Technological
3.3.5 Legal
3.3.6 Environmental
3.4 SWOT Analysis
3.4.1 Strengths
3.4.2 Weakness
3.4.3 Opportunities
3.4.4 Threats
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
4.1. Drivers
4.1.1 Growing demand for Mobile HCM applications
4.1.2 Increase in demand for Talent Mobility
4.2 Restraints
4.2.1 Privacy and Security concerns on the cloud-based deployment
4.3 Opportunities
4.3.1 Shifting the gears towards the Cloud-Based Software Solutions
4.3.2 Evolving potential markets.
4.4 Challenges
4.4.1 Concerns about Deployment and its correct usage
4.4.2 Most of the organizations are resistant to adapt to new solutions
Chapter 5 Human Capital Management Market – By Software
5.1 Workforce Management
5.2 Sourcing and Recruitment
5.3 Applicant Tracking System
5.4 Staffing Vendor Management
5.5 Core HR
5.6 Others
Chapter 6 Human Capital Management Market– By Service
6.1 Integration
6.2 Support and Maintenance
6.3 Consulting
Chapter 7 Human Capital Management Market– By Deployment Model
7.1 On-Premises
7.2 Cloud-Based
Chapter 8 Human Capital Management Market– By Enterprise Size
8.1 Large Enterprise
8.2 Small and Medium Enterprise (SME)
Chapter 9 Human Capital Management Market– By End-User
9.1 Banking, Financial Services, and Insurance
9.2 Government
9.3 Manufacturing
9.4 Consumer Goods and Retail
9.5 Healthcare and Life Sciences
9.6 Energy and Utilities
9.7 Transportation and Logistics
9.8 Others
Chapter 10 Human Capital Management Market- By Geography
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 U.K.
10.3.2 Germany
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6. Rest of Europe
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia & New Zealand
10.4.6 Rest of APAC
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Others
10.6 Middle East & Africa
10.6.1 Middle East
10.6.2 Africa
Chapter 11 Human Capital Management Market- Company Profiles
11.1 Cornerstone Ondemand, Inc.
11.2 Infor
11.3 Peoplestrategy, Inc.
11.4 Ceridian HCM, Inc.
11.5 Paycom Software, Inc.
11.6 Employwise, Inc.
11.7 SumTotal Systems, LLC
11.8 International Business Machines Corporation
11.9 Ultimate Software Group, Inc.
11.10 Automatic Data Processing, LLC
11.11 Kronos, Inc.
11.12 SAP SE
11.13 Oracle Corporation
11.14 Workday, Inc.
11.15 Linkedin Corporation
Chapter 12 Human Capital Management Market- Competitive Landscape
12.1. Market Share Analysis
12.2. Strategies Adopted by top companies
12.3. Mergers, Acquisitions, Collaborations & Agreements
Chapter 13 Market Insights
13.1. Industry Experts Insights
13.2. Analysts Opinions
13.3. Investment Opportunities
Chapter 14 Appendix
14.1 List of Tables
14.2 List of Figures
- Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
- Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
- The Regional and Global Variety is taken care of in the report.
- Year on Year basis generation of revenue is studied.
- Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
- The overview and the sustainability of the market are analyzed through SWOT.
- DROC (Drivers, Restraints, Opportunities and Challenges) is recognized in the current market scenario and see how its effect on market dynamics.
- The segment-level analysis in terms of type and technology.
- The value chain analysis, value that's created and captured by a company is the profit margin.
- Value Created and Captured – Cost of Creating that Value = Margin
- An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
- Basis on the depth of the study we approach using analytical tools
- Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.
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