Global HCM Software Market Growth (Status and Outlook) 2023-2029

Global HCM Software Market Growth (Status and Outlook) 2023-2029

Product Code:544626

Published Date: Jan 02,2023

Pages: 111

Region: Global

Category: Service & Software

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Human capital management (HCM) is the comprehensive set of practices for recruiting, managing, developing and optimizing the human resources of an organization.

LPI (LP Information)' newest research report, the “HCM Software Industry Forecast” looks at past sales and reviews total world HCM Software sales in 2022, providing a comprehensive analysis by region and market sector of projected HCM Software sales for 2023 through 2029. With HCM Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HCM Software industry.

This Insight Report provides a comprehensive analysis of the global HCM Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HCM Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global HCM Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HCM Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HCM Software.

The global HCM Software market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

HCM suites are sold either as components of enterprise resource planning (ERP) systems or as separate products that are typically integrated with ERP. In recent years, on-premises HCM has been superseded by software as a service (SaaS) as the preferred deployment option.

This report presents a comprehensive overview, market shares, and growth opportunities of HCM Software market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    On Premise HCM Software
    Cloud-based HCM Software

Segmentation by application
    Small and Midsize Business (SMB)
    Large Enterprise

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Oracle
    SAP
    IBM
    Workday
    Ultimate Software Group
    ADP
    Cornerstone OnDemand
    Benefitfocus
    BambooHR
    PeopleFluent
    Ultimate Software Group
    Zoho Corporation
    WebHR
    CakeHR
    Epicor Software Corporation
    Infor
    Kronosorporated
    The Sage Group