Market Overview:
The global job evaluation software market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing adoption of job evaluation software by SMEs and large enterprises across the globe. Additionally, the growing demand for cloud-based job evaluation software is also contributing to the growth of this market. However, lack of awareness about job evaluation software among small businesses is restraining the growth of this market.
Product Definition:
job evaluation software is used to evaluate the worth of a job.
Monthly Subscription:
Subscription is a periodic payment made by an end user to an enterprise for the provision of a service or product. The most common types of subscription are those related to telecommunication services and the print & media industry.
The global monthly subscription market was valued at USD 6,852.1 million in 2016.
Annual Subscription:
An annual subscription is a one-time payment made to an information provider for the right to access its database. The information can be in the form of books, periodicals or reports. Annual subscriptions are paid for using various methods such as online payment system, cheque or by credit/debit card.
Annual subscriptions help organizations save money as they reduce printing costs and eliminate paper wastage since there is no need to buy new copies each year.
Application Insights:
The global job evaluation software market is segmented by application into Small and Medium-sized Enterprises (SMEs), Large Enterprise and Others. The SMEs segment held the largest share in 2017, as it caters to the specific needs of this category. The large enterprise segment is expected to register a significant growth over the forecast period owing to its ability to scale up processes across multiple locations with ease.
The others application category includes government, education institutions, healthcare institutions and public sector units among others. This group has been observed making use of online project management tools for their projects which are currently under implementation or have recently finished their operations.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing penetration of technology-based job evaluation software in emerging economies, such as India and China. In addition, growing awareness about employee engagement among employers is anticipated to drive regional demand for job evaluation software over the forecast period.
North America accounted for a significant share of revenue in 2017 owing to high adoption of advanced technologies by enterprises across various industries. Moreover, presence of key players offering cloud-based solutions has fueled regional growth significantly over the past few years. However, sluggish economic conditions are expected to hamper regional growth during 2018 - 2030 due to reduced spending on employee compensation costs by companies operating within North America region compared with other regions globally (i.e., Asia Pacific and Latin America).
Growth Factors:
- Increasing demand for job evaluation software from small and medium-sized businesses (SMBs) due to the benefits it offers such as improved efficiency, cost savings, and better decision making.
- The growing trend of using technology to automate HR processes which is benefiting the job evaluation software market.
- Rising number of mergers and acquisitions (M&As) in the global business landscape as companies look to optimize their operations through consolidation of resources. This is leading to an increase in demand for job evaluation software solutions as they are critical for streamlining HR processes post-merger or acquisition.
- Rapid digitization across all industries is resulting in a surge in data volumes which needs to be managed effectively for better decision making. Job evaluation software helps organizations do this by providing actionable insights from data analytics thereby aiding strategic decision making across all levels within an organization5 Increased focus on workforce optimization by organizations globally has led to a renewed interest in implementing job evaluation software solutions with the aim of achieving operational efficiencies
Scope Of The Report
Report Attributes
Report Details
Report Title
Job Evaluation Software Market Research Report
By Type
Monthly Subscription, Annual Subscription
By Application
SME (Small and Medium Enterprises), Large Enterprise
By Companies
Zoho, JPS Management Consulting, PeopleStrong, HRTMS, Quality Personnel Management, Mercer, Crosstalent, OO-Soft, Innecto Reward Consulting, Korn Ferry Hay Group, Jobchart International, Turning Point HR Solutions, MAUS Business Systems, PAYdata, Deloitte, TWM ProSoft, PwC, The Grange Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Job Evaluation Software Market Report Segments:
The global Job Evaluation Software market is segmented on the basis of:
Types
Monthly Subscription, Annual Subscription
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SME (Small and Medium Enterprises), Large Enterprise
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zoho
- JPS Management Consulting
- PeopleStrong
- HRTMS
- Quality Personnel Management
- Mercer
- Crosstalent
- OO-Soft
- Innecto Reward Consulting
- Korn Ferry Hay Group
- Jobchart International
- Turning Point HR Solutions
- MAUS Business Systems
- PAYdata
- Deloitte
- TWM ProSoft
- PwC
- The Grange Group
Highlights of The Job Evaluation Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Monthly Subscription
- Annual Subscription
- By Application:
- SME (Small and Medium Enterprises)
- Large Enterprise
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Job Evaluation Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Job evaluation software is a computer program that helps employees and managers evaluate the effectiveness of their jobs. The program can provide feedback on how well an employee performs specific tasks, how well they work with others, and whether they are meeting company goals.
Some of the major players in the job evaluation software market are Zoho, JPS Management Consulting, PeopleStrong, HRTMS, Quality Personnel Management, Mercer, Crosstalent, OO-Soft, Innecto Reward Consulting, Korn Ferry Hay Group, Jobchart International, Turning Point HR Solutions, MAUS Business Systems, PAYdata, Deloitte, TWM ProSoft, PwC, The Grange Group.
The job evaluation software market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Job Evaluation Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Job Evaluation Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Job Evaluation Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Job Evaluation Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Job Evaluation Software Market Size & Forecast, 2018-2028
4.5.1 Job Evaluation Software Market Size and Y-o-Y Growth
4.5.2 Job Evaluation Software Market Absolute $ Opportunity
Chapter 5 Global Job Evaluation Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Job Evaluation Software Market Size Forecast by Type
5.2.1 Monthly Subscription
5.2.2 Annual Subscription
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Job Evaluation Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Job Evaluation Software Market Size Forecast by Applications
6.2.1 SME (Small and Medium Enterprises)
6.2.2 Large Enterprise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Job Evaluation Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Job Evaluation Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Job Evaluation Software Analysis and Forecast
9.1 Introduction
9.2 North America Job Evaluation Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Job Evaluation Software Market Size Forecast by Type
9.6.1 Monthly Subscription
9.6.2 Annual Subscription
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Job Evaluation Software Market Size Forecast by Applications
9.10.1 SME (Small and Medium Enterprises)
9.10.2 Large Enterprise
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Job Evaluation Software Analysis and Forecast
10.1 Introduction
10.2 Europe Job Evaluation Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Job Evaluation Software Market Size Forecast by Type
10.6.1 Monthly Subscription
10.6.2 Annual Subscription
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Job Evaluation Software Market Size Forecast by Applications
10.10.1 SME (Small and Medium Enterprises)
10.10.2 Large Enterprise
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Job Evaluation Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Job Evaluation Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Job Evaluation Software Market Size Forecast by Type
11.6.1 Monthly Subscription
11.6.2 Annual Subscription
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Job Evaluation Software Market Size Forecast by Applications
11.10.1 SME (Small and Medium Enterprises)
11.10.2 Large Enterprise
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Job Evaluation Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Job Evaluation Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Job Evaluation Software Market Size Forecast by Type
12.6.1 Monthly Subscription
12.6.2 Annual Subscription
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Job Evaluation Software Market Size Forecast by Applications
12.10.1 SME (Small and Medium Enterprises)
12.10.2 Large Enterprise
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Job Evaluation Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Job Evaluation Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Job Evaluation Software Market Size Forecast by Type
13.6.1 Monthly Subscription
13.6.2 Annual Subscription
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Job Evaluation Software Market Size Forecast by Applications
13.10.1 SME (Small and Medium Enterprises)
13.10.2 Large Enterprise
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Job Evaluation Software Market: Competitive Dashboard
14.2 Global Job Evaluation Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zoho
14.3.2 JPS Management Consulting
14.3.3 PeopleStrong
14.3.4 HRTMS
14.3.5 Quality Personnel Management
14.3.6 Mercer
14.3.7 Crosstalent
14.3.8 OO-Soft
14.3.9 Innecto Reward Consulting
14.3.10 Korn Ferry Hay Group
14.3.11 Jobchart International
14.3.12 Turning Point HR Solutions
14.3.13 MAUS Business Systems
14.3.14 PAYdata
14.3.15 Deloitte
14.3.16 TWM ProSoft
14.3.17 PwC
14.3.18 The Grange Group
