The global human capital management market is expected to grow from USD 3.5 billion in 2017 to USD 5.2 billion by 2030, at a CAGR of 6.6% during the forecast period. The growth of this market can be attributed to the increasing demand for HR services and the need for organizations to manage their workforce effectively in order to remain competitive in today’s business environment. The global human capital management market is segmented on the basis of type, application, and region. On the basis of type, it is classified into talent acquisition, talent management, HR core administration, HCM (human capital management), and others (HR analytics). On the basis of application it is classified into healthcare industry; financial services industry; government/non-profit organization industry; retail/wholesale industry; professional/technical services industry; manufacturing industry; education sector; IT sector; hospitality sector and others (retail banking). On the basis of region it includes North America (NA), Latin America (LA), Europe (EU), Asia Pacific & Middle East & Africa(APMEA).
Some Of The Growth Factors Of This Market:
- Increasing demand for HR services and increasing number of organizations outsourcing their HR functions are some of the factors driving the growth of this market.
- Increasing adoption of cloud-based HR solutions is also one of the major drivers for this market's growth as it helps in reducing operational costs and improves efficiency in managing human capital assets by providing real-time data on workforce performance, engagement, and retention rates among others.
- The increasing need to comply with regulatory requirements such as GDPR (General Data Protection Regulation) is also driving this market's growth as it helps organizations meet compliance standards while improving employee experience through better data protection practices and policies that are aligned with their needs.
- The lack of skilled professionals in developing countries such as India, China, Brazil etc, coupled with an increase in demand for talent from developed countries such as US & Europe is another factor driving this market's growth.
Industry Growth Insights published a new data on “Human Capital Management Market”. The research report is titled “Human Capital Management Market research by Types (Talent Acquisition, Talent Management, HR Core Administration, HCM, Human Capital Managemen), By Applications (Healthcare, Financial Services, Government/Non-Profit, Retail/Wholesale, Professional/Technical Services, Manufacturing), By Players/Companies SAP SE, Automatic Data Processing, LLC, Ultimate Software Group, Inc., Linkedin (Microsoft), Oracle Corporation, Workday, Ceridian HCM, Inc., Kronos, Inc., Infor, IBM Corporation, Cornerstone OnDemand, Paycom Software, Inc., Intuit, SumTotal Systems, LLC (SkillSoft), Sage, Epicor Software, Accenture, Workforce Software, Zenefits, Ramco Systems, EPAY Systems, PeopleStrategy, Inc., Human Capital Managemen”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Human Capital Management Market Research Report
By Type
Talent Acquisition, Talent Management, HR Core Administration, HCM, Human Capital Managemen
By Application
Healthcare, Financial Services, Government/Non-Profit, Retail/Wholesale, Professional/Technical Services, Manufacturing
By Companies
SAP SE, Automatic Data Processing, LLC, Ultimate Software Group, Inc., Linkedin (Microsoft), Oracle Corporation, Workday, Ceridian HCM, Inc., Kronos, Inc., Infor, IBM Corporation, Cornerstone OnDemand, Paycom Software, Inc., Intuit, SumTotal Systems, LLC (SkillSoft), Sage, Epicor Software, Accenture, Workforce Software, Zenefits, Ramco Systems, EPAY Systems, PeopleStrategy, Inc., Human Capital Managemen
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Human Capital Management Market Report Segments:
The global Human Capital Management market is segmented on the basis of:
Types
Talent Acquisition, Talent Management, HR Core Administration, HCM, Human Capital Managemen
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
Healthcare, Financial Services, Government/Non-Profit, Retail/Wholesale, Professional/Technical Services, Manufacturing
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:
- SAP SE
- Automatic Data Processing, LLC
- Ultimate Software Group, Inc.
- Linkedin (Microsoft)
- Oracle Corporation
- Workday
- Ceridian HCM, Inc.
- Kronos, Inc.
- Infor
- IBM Corporation
- Cornerstone OnDemand
- Paycom Software, Inc.
- Intuit
- SumTotal Systems, LLC (SkillSoft)
- Sage
- Epicor Software
- Accenture
- Workforce Software
- Zenefits
- Ramco Systems
- EPAY Systems
- PeopleStrategy, Inc.
- Human Capital Managemen
Highlights of The Human Capital Management 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:
- Talent Acquisition
- Talent Management
- HR Core Administration
- HCM
- Human Capital Managemen
- By Application:
- Healthcare
- Financial Services
- Government/Non-Profit
- Retail/Wholesale
- Professional/Technical Services
- Manufacturing
- 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 Human Capital Management 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.
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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?
Human capital management is the process of managing human resources to achieve organizational goals. It includes developing and implementing policies and procedures to manage employee recruitment, selection, placement, development, training and performance; providing benefits and compensation programs that support employee productivity; monitoring employee morale and satisfaction; creating an environment that supports creativity, innovation and risk-taking.
Some of the major companies in the human capital management market are SAP SE, Automatic Data Processing, LLC, Ultimate Software Group, Inc., Linkedin (Microsoft), Oracle Corporation, Workday, Ceridian HCM, Inc., Kronos, Inc., Infor, IBM Corporation, Cornerstone OnDemand, Paycom Software, Inc., Intuit, SumTotal Systems, LLC (SkillSoft), Sage, Epicor Software, Accenture, Workforce Software, Zenefits, Ramco Systems, EPAY Systems, PeopleStrategy, Inc., Human Capital Managemen.
The human capital management market is expected to grow at a compound annual growth rate of 6.6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Human Capital Management Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Human Capital Management Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Human Capital Management Market - Supply Chain
4.5. Global Human Capital Management Market Forecast
4.5.1. Human Capital Management Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Human Capital Management Market Size (000 Units) and Y-o-Y Growth
4.5.3. Human Capital Management Market Absolute $ Opportunity
5. Global Human Capital Management Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Human Capital Management Market Size and Volume Forecast by Type
5.3.1. Talent Acquisition
5.3.2. Talent Management
5.3.3. HR Core Administration
5.3.4. HCM
5.3.5. Human Capital Managemen
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Human Capital Management Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Human Capital Management Market Size and Volume Forecast by Application
6.3.1. Healthcare
6.3.2. Financial Services
6.3.3. Government/Non-Profit
6.3.4. Retail/Wholesale
6.3.5. Professional/Technical Services
6.3.6. Manufacturing
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Human Capital Management Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Human Capital Management Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Human Capital Management Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Human Capital Management Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Human Capital Management Demand Share Forecast, 2019-2026
9. North America Human Capital Management Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Human Capital Management Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Human Capital Management Market Size and Volume Forecast by Application
9.4.1. Healthcare
9.4.2. Financial Services
9.4.3. Government/Non-Profit
9.4.4. Retail/Wholesale
9.4.5. Professional/Technical Services
9.4.6. Manufacturing
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Human Capital Management Market Size and Volume Forecast by Type
9.7.1. Talent Acquisition
9.7.2. Talent Management
9.7.3. HR Core Administration
9.7.4. HCM
9.7.5. Human Capital Managemen
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Human Capital Management Demand Share Forecast, 2019-2026
10. Latin America Human Capital Management Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Human Capital Management Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Human Capital Management Market Size and Volume Forecast by Application
10.4.1. Healthcare
10.4.2. Financial Services
10.4.3. Government/Non-Profit
10.4.4. Retail/Wholesale
10.4.5. Professional/Technical Services
10.4.6. Manufacturing
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Human Capital Management Market Size and Volume Forecast by Type
10.7.1. Talent Acquisition
10.7.2. Talent Management
10.7.3. HR Core Administration
10.7.4. HCM
10.7.5. Human Capital Managemen
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Human Capital Management Demand Share Forecast, 2019-2026
11. Europe Human Capital Management Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Human Capital Management Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Human Capital Management Market Size and Volume Forecast by Application
11.4.1. Healthcare
11.4.2. Financial Services
11.4.3. Government/Non-Profit
11.4.4. Retail/Wholesale
11.4.5. Professional/Technical Services
11.4.6. Manufacturing
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Human Capital Management Market Size and Volume Forecast by Type
11.7.1. Talent Acquisition
11.7.2. Talent Managment
11.7.3. HR Core Administration
11.7.4. HCM
11.7.5. Human Capital Managemen
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Human Capital Management Demand Share, 2019-2026
12. Asia Pacific Human Capital Management Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Human Capital Management Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Human Capital Management Market Size and Volume Forecast by Application
12.4.1. Healthcare
12.4.2. Financial Services
12.4.3. Government/Non-Profit
12.4.4. Retail/Wholesale
12.4.5. Professional/Technical Services
12.4.6. Manufacturing
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Human Capital Management Market Size and Volume Forecast by Type
12.7.1. Talent Acquisition
12.7.2. Talent Management
12.7.3. HR Core Administration
12.7.4. HCM
12.7.5. Human Capital Managemen
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Human Capital Management Demand Share, 2019-2026
13. Middle East & Africa Human Capital Management Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Human Capital Management Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Human Capital Management Market Size and Volume Forecast by Application
13.4.1. Healthcare
13.4.2. Financial Services
13.4.3. Government/Non-Profit
13.4.4. Retail/Wholesale
13.4.5. Professional/Technical Services
13.4.6. Manufacturing
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Human Capital Management Market Size and Volume Forecast by Type
13.7.1. Talent Acquisition
13.7.2. Talent Management
13.7.3. HR Core Administration
13.7.4. HCM
13.7.5. Human Capital Managemen
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Human Capital Management Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Human Capital Management Market: Market Share Analysis
14.2. Human Capital Management Distributors and Customers
14.3. Human Capital Management Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SAP SE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Automatic Data Processing, LLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ultimate Software Group, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Linkedin (Microsoft)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Oracle Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Workday
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ceridian HCM, Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kronos, Inc.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Infor
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IBM Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cornerstone OnDemand
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Paycom Software, Inc.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Intuit
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SumTotal Systems, LLC (SkillSoft)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sage
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Epicor Software
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Accenture
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Workforce Software
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Zenefits
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Ramco Systems
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook