Press release
Human Capital Management Global Market Analysis, Trends, Growth, Research And Forecast 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Human Capital Management Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $35.39 billion In 2028 At A CAGR Of 10.2% :
The human capital management market size has grown rapidly in recent years. It will grow from $21.81 billion in 2023 to $24.01 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to advent of cloud-based hr management software, significant growth in the e-commerce sector and rapid globalization.
The human capital management market size is expected to see rapid growth in the next few years. It will grow to $35.39 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to the increase in adoption of cloud-based approaches, rising urbanization and increasing investments. Major trends in the forecast period include ai-featured talent acquisition, technology advancements, product innovations, video recruiting, learning experience platforms (leps) and employee productivity-enhancing platforms.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=6861&type=smp
Human Capital Management Market Major Segments
The human capital management market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment Model: On-Premises, Cloud
3) By Organization Site: Small And Medium-sized Enterprises, Large Enterprises
4) By Vertical: Banking, Financial Services, And Insurance, Government, Manufacturing, Telecom And IT, Consumer Goods And Retail, Healthcare And Life Sciences, Energy And Utilities, Transportation And Logistics, Other Verticals
Key Driver - Robotic Process Automation (RPA) Integration Fuels Growth In Human Capital Management Market
The integration of robotic process automation (RPA) is expected to propel the growth of the human capital management market going forward. Robotic process automation refers to automation that uses software robots to automate various repetitive tasks. RPA has several advantages, including time efficiency, increased focus on personnel development, retention, and policy implementation. RPA helps human capital management in the process of automating repetitive tasks such as compensation management, payroll management, onboarding of new people, and compliance reporting. For instance, according to Computer Economics, a US-based IT research firm, in 2021, 20% of organizations will have adopted robotic process automation, an increase of 13% from 2020. Therefore, the integration of robotic process automation is driving the growth of the human capital management market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=6861&type=smp
Prominent Trend - Technological Advancement Takes Center Stage In Human Capital Management Market Trends
Technological advancement has emerged as a new trend gaining popularity in the human capital management market. Major companies operating in the human capital management sector are focused on developing new technologies and automated solutions for simplifying work. For instance, in June 2021, Ramco Systems, an India-based software company, launched Self Explaining Payslip, a smart and AI-based service that helps employees seek explanations for their pay slip components, payroll queries, and compensation.
Human Capital Management Market Players
Major companies operating in the human capital management market report are Automatic Data Processing (ADP) Inc, Oracle Corporation, SAP SE, Paycom Software Inc, Ceridian HCM Holding Inc, Microsoft Corporation, Ultimate Kronos Group, Workday Inc, IBM Corporation, Paylocity Corporation, CareerNet, Global InnovSource, IKYA Human Capital, Kelly Services, China International Intellectech Co., Ltd., Huisi Group, Horizons, Scaleup Consulting, Sapience Pro, HROne, Anhui Tiancheng Technology Co., Ltd, Arcoro GmbH, Platri IT GmbH, Gini Talent, INKUBIT Business Solutions GmbH, DevsData Tech Talent LLC, The Stakeholder Management Group, Prabisha Consulting, Ingold Solutions GmbH, Leinonen Group, ManpowerGroup, Brainpower, Unistaff Payroll Company, Unity Business Solutions, ABU Accounting Services, UCMS Group, Rufil Russia Consulting, Coleman Services, Paychex, Inc, People Hum, Volaris Group, Black Mountain HR, Talentor, Grant Thornton's, Infor, RSM, Maof Group, Capterra, Houlihan Lokey, Finesse, Ramco Systems, Azdan, Apploye, Nexus Busines Solution, Sage, Syspro, Monday.com, QuickBooks
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/human-capital-management-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the human capital management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human capital management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Human Capital Management Market Report Structure
3. Human Capital Management Market Trends And Strategies
4. Human Capital Management Market - Macro Economic Scenario
5. Human Capital Management Market Size And Growth
…..
27. Human Capital Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Human Capital Management Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $35.39 billion In 2028 At A CAGR Of 10.2% :
The human capital management market size has grown rapidly in recent years. It will grow from $21.81 billion in 2023 to $24.01 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to advent of cloud-based hr management software, significant growth in the e-commerce sector and rapid globalization.
The human capital management market size is expected to see rapid growth in the next few years. It will grow to $35.39 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to the increase in adoption of cloud-based approaches, rising urbanization and increasing investments. Major trends in the forecast period include ai-featured talent acquisition, technology advancements, product innovations, video recruiting, learning experience platforms (leps) and employee productivity-enhancing platforms.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=6861&type=smp
Human Capital Management Market Major Segments
The human capital management market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment Model: On-Premises, Cloud
3) By Organization Site: Small And Medium-sized Enterprises, Large Enterprises
4) By Vertical: Banking, Financial Services, And Insurance, Government, Manufacturing, Telecom And IT, Consumer Goods And Retail, Healthcare And Life Sciences, Energy And Utilities, Transportation And Logistics, Other Verticals
Key Driver - Robotic Process Automation (RPA) Integration Fuels Growth In Human Capital Management Market
The integration of robotic process automation (RPA) is expected to propel the growth of the human capital management market going forward. Robotic process automation refers to automation that uses software robots to automate various repetitive tasks. RPA has several advantages, including time efficiency, increased focus on personnel development, retention, and policy implementation. RPA helps human capital management in the process of automating repetitive tasks such as compensation management, payroll management, onboarding of new people, and compliance reporting. For instance, according to Computer Economics, a US-based IT research firm, in 2021, 20% of organizations will have adopted robotic process automation, an increase of 13% from 2020. Therefore, the integration of robotic process automation is driving the growth of the human capital management market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=6861&type=smp
Prominent Trend - Technological Advancement Takes Center Stage In Human Capital Management Market Trends
Technological advancement has emerged as a new trend gaining popularity in the human capital management market. Major companies operating in the human capital management sector are focused on developing new technologies and automated solutions for simplifying work. For instance, in June 2021, Ramco Systems, an India-based software company, launched Self Explaining Payslip, a smart and AI-based service that helps employees seek explanations for their pay slip components, payroll queries, and compensation.
Human Capital Management Market Players
Major companies operating in the human capital management market report are Automatic Data Processing (ADP) Inc, Oracle Corporation, SAP SE, Paycom Software Inc, Ceridian HCM Holding Inc, Microsoft Corporation, Ultimate Kronos Group, Workday Inc, IBM Corporation, Paylocity Corporation, CareerNet, Global InnovSource, IKYA Human Capital, Kelly Services, China International Intellectech Co., Ltd., Huisi Group, Horizons, Scaleup Consulting, Sapience Pro, HROne, Anhui Tiancheng Technology Co., Ltd, Arcoro GmbH, Platri IT GmbH, Gini Talent, INKUBIT Business Solutions GmbH, DevsData Tech Talent LLC, The Stakeholder Management Group, Prabisha Consulting, Ingold Solutions GmbH, Leinonen Group, ManpowerGroup, Brainpower, Unistaff Payroll Company, Unity Business Solutions, ABU Accounting Services, UCMS Group, Rufil Russia Consulting, Coleman Services, Paychex, Inc, People Hum, Volaris Group, Black Mountain HR, Talentor, Grant Thornton's, Infor, RSM, Maof Group, Capterra, Houlihan Lokey, Finesse, Ramco Systems, Azdan, Apploye, Nexus Busines Solution, Sage, Syspro, Monday.com, QuickBooks
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/human-capital-management-global-market-report
Largest And Fastest Growing Region In The Market
North America was the largest region in the human capital management market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human capital management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Human Capital Management Market Report Structure
3. Human Capital Management Market Trends And Strategies
4. Human Capital Management Market - Macro Economic Scenario
5. Human Capital Management Market Size And Growth
…..
27. Human Capital Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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