Human Capital Management Market 2021 Business Overview, Challenges, To 2027

1. Market Research Report EXCLUSIVE EDITION Global Human Capital Management Market Research Report Global Industry Analysis, Forecast and Trends, 2021-2027 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

2. Global Human Capital Management Market Global Human Capital Management Market Research Research Report Report © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 416, East Standsberry Street, Perkins, Oklahoma 74059, USA EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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4. RESEARCH PROCESS Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

5. Global Human Capital Management Market segmented by Component (Software- Core HR, Applicant Tracking System, HR Analytics, and Workforce Management), by Deployment Model, by Organization Size, by End-Use Industries, and Region- Global Forecast to 2027 Description Description The global global human capital management human capital managementmarket market is expected to grow from USD 17.0 billion in 2020 USD 17.0 billion in 2020 to USD 27.3 billion by 2027 USD 27.3 billion by 2027, at a . CAGR of 7.0% from 2021 to 2027. Human capital management (HMC) is the set of practices used by an organization to recruit, manage, develop and optimize employees to increase their performance and skills for the company. HCM software manages various processes and functions required for effective workforce management, time management, and saving costs. HCM software is sometimes referred to as Human Resources Information System (HRIS) and Human resources management system (HRMS). HCM software eases the process of human resource management and increases operation efficacy by analyzing data, saving time, reducing lengthy processes. Such factors will pave the way for the growth of the human capital management market across the globe during the forecasting period. . . Digitalization, AI-introduction in HCM, analytics, and other technologies and software will accelerate the growth of the HCM market in upcoming years. Legal and security concerns and corporate data theft are major restraining factors that may hamper the market's growth. . Get a Sample PDF copy of the Report: Get a Sample PDF copy of the Report: - - https://www.marketstatsville.com/request https://www.marketstatsville.com/request- -sample/human sample/human- -capital capital- -management management- -market market . © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

6. Global Human Capital Management Market Global Human Capital Management Market Dynamics Dynamics Drivers: Drivers:Rise HCM adoption in various verticals to streamline HR Rise HCM adoption in various verticals to streamline HR operations operations Several verticals such as financial services, banking and insurance (BFSI), healthcare, telecommunications and IT, manufacturing, retail, media and entertainment, and others rapidly adopt cloud-based HCM software. The software provides secure access to various administrative tasks through a human resources employee login portal. Such factors will fuel the growth of the market in the upcoming years. This allows employees to access their data via their mobile or desktop from virtually anywhere. The software enables companies to attract and retain talents by providing professional learning and growth opportunities, optimizing workforce management and spending, streamlining HR operations, and more. This will drive the market growth of the human capital management solutions over the forecasting period. Restraints: Restraints:Cyber security and privacy Cyber security and privacy concerns concerns The cloud-based HR automation platforms have led to concerns about data privacy and security. The inability of market players to provide robust cloud security solutions is likely to restrict the market growth. However, with the cloud, the data is stored with a third-party cloud service provider. This increases the possibility of losing sensitive data and security risks. Security risks such as identity theft (Espionage), salary data theft, violation of regulatory rules, denial of service attack (DDoS) on the HR system is likely to restrain the market growth. Nonetheless, to mitigate the probability of security risks, organizations deploy multi-factor authentication (MFA) and remote wipe technology to protect human resource data, increasing the cost and affecting the company's profitability. Such factors will hamper the growth of the human capital management market globally. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

7. Opportunities: Opportunities: Digitalization HCM and rising adoption of cloud Digitalization HCM and rising adoption of cloud- -based HCM based HCM solutions solutions The growing adoption of cloud-based business models and talent mobility is a factor that is anticipated to encourage the growth of the human capital management market globally during the forecasting period. Workforce management solution enables companies to build a strengthened leadership pool by improving employee engagement and retention. The growing attention towards talent mobility is forecasted to elevate the demand for human capital management solutions among various verticals. Cloud-based business models integrated with HCM services are expected to demonstrate rising demand from end-users across the globe. For instance, Ceridian HCM Holding Inc., global human capital management (HCM) technology providing company, announced that Seagrass Boutique Hospitality Group has employed, Dayforce, Ceridian's flagship HCM cloud-based software platform, to pay, manage and engage its workforce. Dayforce will assist Seagrass in transforming its employees' experience and interaction process and enabling enhanced decision-making at all levels. The software enables the company to develop an in-depth talent pool to enhance market strength and growth of the company, creating an employee experience for improved operations. This will contribute to the growth of the human capital management market globally in the upcoming years. Buy an exclusive copy: Buy an exclusive copy: - - https://www.marketstatsville.com/buy https://www.marketstatsville.com/buy- -now/human now/human- -capital capital- -management management- -market market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

8. Scope of the Scope of the Report Report The study categorizes the digital therapeutics market-based component, deployment model, organization size, end-use industries at the regional and global levels. By Component By Component(Revenue, USD Billion, 2017 (Revenue, USD Billion, 2017- -2027 2027) ) Software- Core HR Applicant Tracking System HR Analytics, Workforce Management Services- Integration and Implementation Training and Education, Support and Maintenance Consulting By Deployment Model By Deployment Model(Revenue, USD Billion, 2017 (Revenue, USD Billion, 2017- -2027 2027) ) On-Premises Cloud © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

9. By Organization Size By Organization Size (Revenue, USD Billion, 2017 (Revenue, USD Billion, 2017- -2027 2027) ) Large Enterprise SMEs By End By End- -use Industries use Industries (Revenue, USD Billion, 2017 (Revenue, USD Billion, 2017- -2027 2027) ) Banking Financial Services and Insurance (BFSI) Government Manufacturing Telecom and IT Consumer Goods and Retail Healthcare and Life Sciences Energy and Utilities Transportation and Logistics Others By Region By Region(Revenue, USD Billion, 2017 (Revenue, USD Billion, 2017- -2027 2027) ) North America (US, Canada, Mexico) South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America) Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe) © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

10. Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia New Zealand, Rest of Asia Pacific) The Middle East Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA) Request for Report TOC, Table of Figure, Chart, Request for Report TOC, Table of Figure, Chart, etc management management- -market market etc: :- -https:// https://www.marketstatsville.com/table www.marketstatsville.com/table- -of of- -content/human content/human- -capital capital- - The component type segment of the human capital management The component type segment of the human capital managementmarket is projected to account for the largest share in the global the global market market market is projected to account for the largest share in Based on the component, the human capital management market is segmented into software and services.The software component is estimated to hold a larger market size during the forecast period over services due to the increasing adoption of software to manage the entire employee lifecycle, talent acquisition, performance management, compliance, and fraud detection, and the growing need to comply with government regulations, are some of the critical factors responsible for the growth of the software segment, during the forecast period. Asia Asia- -Pacific Pacificaccounts for the highest accounts for the highestCAGR during the forecast period in the human capital management market CAGR during the forecast period in the human capital management market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

11. Based on the regions, the global human capital management market has been segmented across North America, Asia- Pacific, Europe, South America, and the Middle East Africa.Four main countries, namely, China, India, Japan, and the Rest of Asia-Pacific, are analyzed. Asia-Pacific is estimated for the highest CAGR during the forecasting period in the human capital management market. Owing to the rising adoption of technologies by companies to improve operations and gain a competitive advantage. To achieve that, companies aim to enhance their workforce by upgrading employee skills, conducting seminars, rewards and benefits, and individual development monitoring processes, using technologies such as HCM, which will accelerate the growth of the human capital management system in this region during the forecasting period. Followed by the rest of the world will elevate the human capital management market in the upcoming years. Key Market Key Market Players Players The human capital management market is mildly concentrated, with few global players operating in the market, such as Workday, Oracle, ADP, SAP, Microsoft, IBM, Ultimate Software, Ceridian, SumTotal, Kronos, Infor, Talentsoft, EmployWise, and others. These players have been adopting various winning strategies to gain higher shares or retain leading positions globally. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

12. Recent Recent Developments Developments In April 2020, Kronos Incorporated and Ultimate Software inked an agreement and merged, creating innovative human capital management (HCM) and workforce management company.This merger will help organizations enhance their capabilities and provide HCM solutions across all industries to manage their workforce more effectively with an unparalleled combination of software and cloud solutions. In March 2018, Oracle, a US-based organization, introduced HCM solutions, added AI capabilities to HCM solutions. This AI solution will enhance the productivity of the solutions and cater to the needs of various industries. Key Issues Key Issues Addressed Addressed What is the market size by various segmentation of the digital therapeutics by region and its respective countries? What are the customer buying behavior, key takeaways, and Porter's 5 forces of the digital therapeutics market? What are the key opportunities and trends for manufacturers involved in the digital therapeutics supply chain? What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market? The market player positioning, top winning strategies by years, company product developments, and launches will be? How has COVID-19 impacted the demand and sales of thin glass in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period. Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market. Request For Report Analysis: Request For Report Analysis: - - https://www.marketstatsville.com/request https://www.marketstatsville.com/request- -sample/human sample/human- -capital capital- -management management- -market market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

13. Research Methodology Market Statsville Group (MSG) research is conducted by industry experts who offer insight into industry structure, market segmentation, product assessment, competitive landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~80%) and secondary research (~20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years by analyzing historical trends and current market positions. Furthermore, the varying trends of the segments and categories are geographically presented, studied, and estimated based on primary and secondary research. Primary Primary Research Research – – Extensive primary research was conducted to gain a deeper insight into the market and industry performance. In this particular report we have conducted primary surveys (interviews) with the key level executives (VPs, CEOs, marketing directors, and business development managers) of the major players who are active in the global software testing market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed, over the next six years. Secondary Secondary Research technical, market-oriented, and commercial study of the global software testing market. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company web sites, international organization, some paid databases, and many others. Research – –Secondary research was mainly used to collect and identify information useful for the extensive, © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1-580-205-2707 | +91-702-496-8807

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