Talent Management Software Market to be worth US$ 12,211.9 Mn by 2026 - TMR

1. ICT Talent Management Software Market is projected to reach a value of US$ 12,211.9Mn by 2026, North America remained the dominant region July 21, 2021  According to a new market report published by Transparency Market Research, the global talent management software market is expected to reach a value of US$ 12,211.9Mn by 2026, supported by rising adoption of compliance initiatives, improved operational e?ciency, and controlled work?ow. The market is projected to expand at a CAGR of 10.3% during the forecast period from 2018 to 2026. Increasing demand for integrated talent management, growing trend of mobile workforce, coupled with multiple bene?ts offered by talent management software are encouraging the higher adoption of talent management software. In addition, rising penetration of mobile devices is boosting the global demand for mobile based talent management software. Asia Paci?c is anticipated to be the fastest growing region for the market during the forecast period which is expected to be followed by Europe. Talent management software is experiencing ?ourishing growth in terms of adoption across different industry verticals around the globe. Increase in the implementation of big data analytics and arti?cial intelligence offered by vendors is further contributing to the growth of the talent management software market. Request for a sample: https://www.transparencymarketresearch.com/sample/sample.php??ag=S&rep_id=3078 Growing list of HRM solution vendors likely to boost the growth of talent management solutions over the forecast period Adoption of talent management software by small and medium-sized enterprises (SMEs) is increasing mainly due to cost e?ciency as well as limited capital investment required for subscription based (cloud) services. Installing talent management software in an organization for cost cutting and time savings (process optimization) is fuelling the growth of the market substantially with the trend expected to be maintained during the forecast period. Talent Management Software Market: Scope of the Report The talent management software market has been segmented on the basis of parameters such as deployment, enterprise size, solutions, end-use industry, and geographical regions. In terms of deployment, the market has been segmented into cloud, and on-premise software. The enterprise size segment includes small & medium enterprises (SME’s) and large enterprises. While considering the solutions based segmentation, the market has been divided into performance management analytics, career pathing management software, succession planning software, compensation management, and assessment software. In terms of end-user industry, the market has been segmented into BFSI, telecom and IT, government, healthcare, education, manufacturing, retail and others. The report covers the analysis of these segments across North America, Europe, Asia Paci?c, Middle East &Africa, and South America, along with the qualitative analysis for market estimates supplementing the growth of the talent management software market during the forecast period. Education, healthcare, and BFSI segments are anticipated to experience lucrative growth opportunities in the market. In terms of adoption of talent management software, the BFSI sector is projected to expand at a CAGR of approximately 11.8% during the forecast period from 2018 to 2026. Ask for brochure: https://www.transparencymarketresearch.com/sample/sample.php??ag=B&rep_id=3078 North America and Europe collectively accounted for more than 50% of the global market share in 2017, with North America holding larger share of the market. Technological developments and relatively higher maturity in terms of technology penetration are major drivers of the talent management software market in North America. Within the Europe talent management software market, Germany held the largest revenue share in 2017, closely followed by the U.K. Asia Paci?c, which includes China, India, Japan, and Rest of Asia Paci?c, is expected to witness the fastest growth during the forecast period attributed to the rapid technological developments in various industry verticals across different countries. Moreover, several emerging economies in the region experiencing growth in their infrastructure which covers the government sector, IT sector, law ?rms, chemical industry and others is further supporting the talent management software market growth in this region. Global Talent Management Software Market: Competitive Dynamics The research study includes pro?les of leading companies operating in the global talent management software market. Some of the key players pro?led in the report include Cornerstone OnDemand, Inc., Halogen Software, Inc.,  HireIQ,  IBM Corporation, SumTotal, Lumesse, Synergita, Oracle Corporation, PeopleFluent, Saba Software, Inc, SAP SE, Paylocity, Talentguard, and ELMO Cloud HR & Payroll. Read Latest News Publication: https://www.prnewswire.com/news-releases/nonstick-cookware-market-estimated-to-reach-us-28-1-bn-by-2027--rising- health-consciousness-for-low-fat-cooking-fuels-demand-tmr-301331577.html Enter your comment... Popular posts from this blog Internet of Things (IoT) in Utilities - The next industrial revolution July 13, 2021   IoT is considered as the next industrial revolution, Industry 4.0. The concept of IoT is to develop advanced solutions and services, enhance productivity & e?ciency, solve critical problems, and improve real-time decisions. 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