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The Future is Bright For Human Capital Management Market- Forecast 2023

The HCM market is expected to witness average growth rate of 7.8% during the forecast period, due to increase in demand for unified HCM suite, increase in adoption of cloud-based HCM solution, and growth in need to streamline HR operations. <br>Get the Sample Copy@ https://www.alliedmarketresearch.com/request-sample/2482

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The Future is Bright For Human Capital Management Market- Forecast 2023

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  1. HUMAN CAPITAL HUMAN CAPITAL MANAGEMENT MANAGEMENT MARKET MARKET GLOBAL GLOBAL OPPORTUNITY OPPORTUNITY AND FORECAST AND FORECAST 2023 2023

  2. HUMAN CAPITAL MANAGEMENT MARKET ANALYST REVIEW The HCM market is expected to witness average growth rate of 7.8% during the forecast period, due to increase in demand for unified HCM suite, increase in adoption of cloud-based HCM solution, and growth in need to streamline HR operations. Chandani Poddar Research Analyst, ICT & Media at AMR.

  3. CURRENT AND FUTURE MARKET SCENARIO • The global HCM market was valued at $13,004 million in 2016. • The global HCM market is projected to reach at $22,174 million by 2023. • The global HCM market growing at a CAGR of 7.8% from 2017 to 2023. • The services segment accounted for the highest share in the global human capital management market in 2016, growing at a CAGR of 7.8% from 2017 to 2023. • Managed services is projected to witness the highest growth rate of 10.4%.

  4. FACTORS CONTRIBUTING TO MARKET GROWTH • Rise in Adoption of Cloud Based HCM Software Several industry verticals such as banking, financial services, and insurance (BFSI), healthcare, manufacturing, retail, telecommunication & IT, media & entertainment, and others adopt cloud-based HCM software at a rapid pace. • Data Security and Privacy Concern Related to Cloud Deployment Cloud solutions are quite cost-effective, as they do not require installation cost and expensive upgrades and maintenance. • Increasing Adoption of Digital HR Technology There is an increase in the adoption of digital HR technology due to advantages such as ability to manage time & attendance automatically, determine appointments and meeting locations, and deliver on-demand video learning to participants.

  5. HUMAN CAPITAL MANAGEMENT MARKET SEGMENTATION BY INDUSTRY VERTICALS BY COMPONENT Software • Core HR • Recruiting • Workforce Management • Compensation & Payroll • Others Service • Managed Service • Professional BY DEPLOYMENT TYPE • • • Banking Financial Services, and Insurance (BFSI) Retail It & Telecommunication Healthcare Hospitality Government Manufacturing Others Cloud On-Premises • • • • • • • Get PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/2482

  6. DOMINATING SEGMENTS SERVICES SEGMENT MANAGED SERVICES The services segment accounted for the highest share in the global human capital management market in 2016, growing at a CAGR of 7.8% from 2017 to 2023. Managed services is projected to witness the highest growth rate of 10.4%.

  7. GEOGRAPHICAL OVERVIEW • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • North America generated the highest share of $7,439 million, in terms of revenue, in 2016.

  8. DOMINATING MARKET PLAYERS • ADP LLC • Cornerstone OnDemand Inc. • Epicor Software Corporation • IBM Corporation • Infor • Kronos Inc. • Oracle Corporation • SAP SE • SumTotal Systems LLC • Ultimate Software Group, Inc.

  9. A Report Titled “Human Capital Management Market- Opportunities And Forecasts, 2017– 2023” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About To Know More About Human Capital Management Market- - Opportunities and Forecasts 2017 Forecasts 2017- -2023 Opportunities and 2023 https://www.alliedmarketresearch.com/human-capital-management-HCM-market Get PDF Sample Copy Get PDF Sample Copy https://www.alliedmarketresearch.com/requestsample/2482 Follow Allied Market Research Follow Allied Market Research

  10. ABOUT ALLIED MARKET RESEARCH Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: Shriram Dighe 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com

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