The analysts at Future Market Insights (FMI) followed a multidisciplinary approach during the pandemic to study the growth and development of the Human Capital Management Market. The report features insights on the current growth dynamics and the major revenue reforms prevailing in the market as of 2020 along with the key takeaways over the forecast period 2021 to 2030.
Human capital management is a process or set of practices that are associated to people resource management. The process comprises of recruiting, managing, developing and optimizing the human resources of an organization to drive engagement, productivity, and business value.
Various components of human capital management includes workforce planning and management, performance management, payroll and compensation management, recruitment and others. To deal with ever increasing list of HR processes, various IT players are developing advance human capital management software’s that helps to streamline HR operations.
The team of researchers at Future Business Insights are focusing on research and market study to produce different Human Capital Management Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Human Capital Management Market.
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Human Capital Management Market: – Key Players
Key players in the human capital management market are focusing on product innovation and strategic partnerships with the technology vendors to collaborate for offering advanced human capital management software and services to streamline HR operations. The major players offering human capital management software includes –
- Oracle
- Workday, Inc.
- Ceridian
- ADP
- SAP
- Microsoft
- IBM and among others.
Human Capital Management Market: – Segmentation
By Software, human capital management market is segmented into-
- HR operations and Payroll Management
- Applicant Tracking System
- Workforce Management
- HR Analytics
- Services
- Professional Services
- Consulting
- Training and Education
- Reporting and Dashboards
- Support and Maintenance
- Managed Services
By Deployment Mode, human capital management market is segmented into-
- Cloud-Based
- On-Premises
By Vertical, human capital management market is segmented into-
- Banking, Financial Services, and Insurance (BFSI)
- Government
- IT and Telecom
- Manufacturing
- Healthcare
- Retail
- Energy and Utilities
- Transportation and Logistics
- Others
Need to Streamline HR Related Operations
The human capital management systems helps to transform traditional administrative operations HR departments. These systems help HR’s by automating various operations including talent acquisition process, employee onboarding, retention, performance management, payroll management and other major HR operations.
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Queries Solved
- What is the size of the overall Human Capital Management Market in the Technology Market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the Human Capital Management Market in the Technology Market, and how they are expected to impact the market?
- What are the attractive investment opportunities within the Human Capital Management Market in the Technology Market?
- What is the Human Capital Management Market in the Technology Market size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in Human Capital Management Market in the Technology Market?
- What are the recent trends in Human Capital Management Market in the Technology Market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Human Capital Management Market in the growth of the Technology Market?
- What are the key market trends impacting the growth of the Human Capital Management Market in the Technology Market?
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Market Background
Reasons to Buy the report
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