By Solution (Services and Software), By Deployment (On-premise, Cloud and Hybrid), By Enterprise size (Small, Medium and Large Enterprises), By Region (North America, Europe, APAC and Rest of the World)
Human capital management involves solutions that are easy to implement for the management of human capital resources. This technology is being used widely in the business sector to improve working efficiency and management. Thus, the business sector is contributing significantly to the human capital management market over the last few years.
The market revenue of Human Capital Management shall reach a value of $XX Million in 2031, growing with a CAGR of XX.X% during the forecast period of 2022 to 2031.
Its market share is expected to grow substantially during the forecast period due to the increasing acceptance of this technology worldwide. One of the major factors augmenting the human capital management market growth significantly is the elevating demand for the management of human resources so that they can be used efficiently.
This technology provides better management by reducing paperwork. Further, the various technological advancements and innovations that are undertaken for the development of the infrastructure and trading industries, in turn, contribute to the human capital management market sales. Moreover, one of the advanced features of this technology is that it can be easily integrated with other management solutions to provide an enhanced management system leading to propel the market revenue significantly.
REGIONAL ANALYSIS:
In 2022, North America dominated the human capital management industry in terms of revenue. The rising technological advancements and innovation activities are driving the revenue of the market in North America. Further, this region is anticipated to fuel up the market revenue significantly over the forecast period owing to rising digitalization in the region. Moreover, the Asia Pacific region is also anticipated to grow significantly over the forecast period due to increasing investment by the market players of the region.
SEGMENTAL ANALYSIS:
Segmentation based on the solution has been done as services and software. The software segment is further bifurcated as a suite and standalone. Based on the deployment, the market has been bifurcated as on-premise, cloud, and hybrid. Based on the size of the enterprise, the market has been bifurcated as small, medium and large enterprises. Based on industry vertical, the market has been bifurcated as telecom and IT, BFSI, transportation & logistics, manufacturing, healthcare, and others. Further, the large enterprises’ segment has dominated the market revenue significantly in 2022 and is anticipated to continue the same trend over the forecast period. The remarkable growth of this segment is attributed to the affordable cost of human capital management services and software.
The rapid growth of IT and telecommunication industries in the Asia Pacific region, in particular, is resulting in a growing demand for human capital management solutions. Further, this technology detects its extensive applications in healthcare and is expected to increase the industrys growth in retail sectors as well. However, the demand for on-premise deployment is expected to accelerate the human capital management market growth. Further, the easy availability of high-speed internet services at affordable rates is expected to drive industrial growth in the coming few years. This segment recorded revenue of $4.4 billion in 2022 and is expected to grow appreciably in the forecast period.
INDUSTRY PLAYER ANALYSIS:
Major industry players have been analyzed based on their operating areas, revenues, and other strategic aspects. These players are Workday Incorporated, SAP SE, Epicor Software Corporation, Infor Incorporated, Kronos Incorporated, Ultimate Software Group, Paycor Incorporated, Paycom Software Incorporated, Automatic Data Processing Incorporated, Oracle Corporation, Sage Group plc., Paychex Incorporated, and Paylocity Corporation. These industry players have expanded their acquisition across the world by adoption various business strategies. Other industries in this domain that are growing at a high CAGR include Human Primary cells Market and Application to Person SMS and API Market.
COVERAGE HIGHLIGHTS
• Revenue Estimation and Forecast (2022 – 2031)
• Sales Estimation and Forecast (2022 – 2031)
• Breakdown of Revenue by Segments (2022 – 2031)
• Breakdown of Sales by Segments (2022 – 2031)
• Gross Margin and Profitability Analysis of Companies
• Business Trend and Expansion Analysis
• Regional Analysis and Data Breakdown
SEGMENTAL ANALYSIS:
By Solution Outlook ($Revenue, 2022-2031)
· Services
· Software
By Deployment Outlook ($Revenue, 2022-2031)
• Cloud-based
• On-premise
• Hybrid
By Enterprise Size Outlook ($Revenue, 2022-2031)
· Small enterprises
· Medium enterprises
· Large enterprises
By Industry vertical Outlook ($Revenue, 2022-2031)
· Telecom and IT
· BFSI
· Transportation & logistics
· Manufacturing
· Healthcare
· Others
By Regional Outlook ($Revenue and Unit Sales, 2022-2031)
• North America
• Canada
• U.S
• Mexico
• Europe
• Germany
• U.K
• France
• Netherlands
• Austria
• Rest of Europe
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
• The Middle East and Africa
• Saudi Arabia
• United Arab Emirates
• Rest of Middle East
• Africa
• South America
• Brazil
• Argentina
• Rest of South America
INDUSTRY PLAYER ANALYSIS:
· Workday Incorporated
· SAP SE
· Epicor Software Corporation
· Infor Incorporated
· Kronos Incorporated
· Ultimate Software Group
· Paycor Incorporated
· Paycom Software Incorporated
· Automatic Data Processing Incorporated
· Oracle Corporation
· Sage Group Plc.
· Paychex Incorporated
· Paylocity Corporation
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CHAPTER 1. INTRODUCTION
1.1. RESEARCH METHODOLOGY
1.1.1. Data Collection
1.1.2. Data Modeling
1.1.3. Historical Revenue and Sales Estimation
1.1.4. Data Triangulation
1.2. RESEARCH PROCESS
1.2.1. Primary Research
1.2.2. Secondary Research
1.2.3. Survey Data
1.2.4. Validation by In-House Expert
1.3. HUMAN CAPITAL MANAGEMENT MARKET OVERVIEW
1.3.1. Research Scope and Market Definition
1.3.2. Executive Summary
CHAPTER 2. GLOBAL HUMAN CAPITAL MANAGEMENT MARKET DEMAND SIDE ANALYSIS
2.1. HUMAN CAPITAL MANAGEMENT MARKET CONSUMPTION VOLUME (MILLION UNITS), 2018 – 2025
2.2. MARKET CONSUMPTION VOLUME SPLIT BY REGION (MILLION UNITS), 2018 – 2025
2.3. MARKET CONSUMPTION VOLUME SPLIT BY COUNTRIES (MILLION UNITS), 2018 – 2025
2.4. MARKET REVENUE (MILLION USD), 2018-2025
2.5. MARKET REVENUE SPLIT BY REGION (MILLION UNITS), 2018 – 2025
2.6. HUMAN CAPITAL MANAGEMENT MARKET REVENUE SPLIT BY COUNTRIES (MILLION UNITS), 2018 – 2025
CHAPTER 3. GLOBAL HUMAN CAPITAL MANAGEMENT MARKET SUPPLY SIDE ANALYSIS
3.1. HUMAN CAPITAL MANAGEMENT MARKET PRODUCTION VOLUME (MILLION UNITS), 2018 – 2025
3.2. MARKET PRODUCTION VOLUME SPLIT BY REGION (MILLION UNITS), 2018-2025
3.3. MARKET PRODUCTION VOLUME SPLIT/RANKING BY COUNTRIES (MILLION UNITS), 2018 – 2025
CHAPTER 4. GLOBAL HUMAN CAPITAL MANAGEMENT MARKET COMPETITIVE SCENARIO & BUSINESS OPPORTUNITY ANALYSIS
4.1. COMPETITIVE STRENGTH RANKING BY MAJOR COUNTRIES, 2018
4.2. MARKET ATTRACTIVENESS RANKING BY MAJOR COUNTRIES, 2018 - 2025
4.3. EMERGING BUSINESS OPPORTUNITIES AND GROWTH PROSPECTS
4.3.1. Growth Drivers
4.3.2. Market Restraints
4.3.2. Opportunities
CHAPTER 5. GLOBAL HUMAN CAPITAL MANAGEMENT MARKET ENTRY STRATEGIES
5.1. ENTRY STRATEGIES IN DEVELOPING MARKETS
5.2. ENTRY STRATEGIES IN DEVELOPED MARKETS
6.1. SEGMENT OUTLINE CHAPTER 6. GLOBAL HUMAN CAPITAL MANAGEMENT MARKET BY SOLUTION
6.2. REVENUE SHARE BY SOLUTION, $MILLION, 2018 – 2025
6.2. CONSUMPTION SHARE BY SOLUTION, MILLION UNITS, 2018 - 2025
6.3. PRODUCTION SHARE BY SOLUTION, MILLION UNITS, 2018 – 2025
6.4. SERVICES
6.4.1. Market determinants and trend analysis
6.4.2. Market revenue, sales and production volume, 2018 – 2025
6.5. SOFTWARE
6.5.1. Market determinants and trend analysis
6.5.2. Market revenue, sales and production volume, 2018 – 2025
CHAPTER 7. GLOBAL HUMAN CAPITAL MANAGEMENT MARKET BY DEPLOYMENT
7.1. SEGMENT OUTLINE
7.2. REVENUE SHARE BY DEPLOYMENT, $MILLION, 2018 – 2025
7.2. CONSUMPTION SHARE BY DEPLOYMENT, MILLION UNITS, 2018 - 2025
7.3. PRODUCTION SHARE BY DEPLOYMENT, MILLION UNITS, 2018 – 2025
7.4. CLOUD-BASED
7.4.1. Market determinants and trend analysis
7.4.2. Market revenue, sales and production volume, 2018 – 2025
7.5. ON PREMISE
7.5.1. Market determinants and trend analysis
7.5.2. Market revenue, sales and production volume, 2018 – 2025
7.6. HYBRID
7.6.1. Market determinants and trend analysis
7.6.2. Market revenue, sales and production volume, 2018 – 2025
CHAPTER 8. GLOBAL HUMAN CAPITAL MANAGEMENT MARKET BY ENTERPRISE SIZE
8.1. SEGMENT OUTLINE
8.2. REVENUE SHARE BY ENTERPRISE SIZE, $MILLION, 2018 – 2025
8.2. CONSUMPTION SHARE BY ENTERPRISE SIZE, MILLION UNITS, 2018 - 2025
8.3. PRODUCTION SHARE BY ENTERPRISE SIZE, MILLION UNITS, 2018 – 2025
8.4. SMALL ENTERPRISES
8.4.1. Market determinants and trend analysis
8.4.2. Market revenue, sales and production volume, 2018 – 2025
8.5. MEDIUM ENTERPRISES
8.5.1. Market determinants and trend analysis
8.5.2. Market revenue, sales and production volume, 2018 – 2025
8.6. LARGE ENTERPRISES
8.6.1. Market determinants and trend analysis
8.6.2. Market revenue, sales and production volume, 2018 – 2025
CHAPTER 9. GLOBAL HUMAN CAPITAL MANAGEMENT MARKET BY INDUSTRY VERTICAL
9.1. SEGMENT OUTLINE
9.2. REVENUE SHARE BY INDUSTRY VERTICAL, $MILLION, 2018 – 2025
9.2. CONSUMPTION SHARE BY INDUSTRY VERTICAL, MILLION UNITS, 2018 - 2025
9.3. PRODUCTION SHARE BY INDUSTRY VERTICAL, MILLION UNITS, 2018 – 2025
9.4. TELECOM AND IT
9.4.1. Market determinants and trend analysis
9.4.2. Market revenue, sales and production volume, 2018 – 2025
9.5. BFSI
9.5.1. Market determinants and trend analysis
9.5.2. Market revenue, sales and production volume, 2018 – 2025
9.6. TRANSPORTATION & LOGISTICS
9.6.1. Market determinants and trend analysis
9.6.2. Market revenue, sales and production volume, 2018 – 2025
9.7. MANUFACTURING
9.7.1. Market determinants and trend analysis
9.7.2. Market revenue, sales and production volume, 2018 – 2025
9.8. HEALTHCARE
9.8.1. Market determinants and trend analysis
9.8.2. Market revenue, sales and production volume, 2018 – 2025
9.9. OTHERS
9.9.1. Market determinants and trend analysis
9.9.2. Market revenue, sales and production volume, 2018 – 2025
CHAPTER 10. GLOBAL HUMAN CAPITAL MANAGEMENT MARKET BY REGIONS
10.1. REGIONAL OUTLOOK
10.2. MARKET PRODUCTION, CONSUMPTION & REVENUE BY REGION, 2018-2025
10.3. NORTH AMERICA
10.3.1. Current Trends and Future Prospects
10.3.2. North America market revenue, sales and production volume, 2018 – 2025
10.3.3. The U.S.
10.3.3.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.3.3.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.3.3.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.3.4. Canada
10.3.4.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.3.4.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.3.4.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.3.5. Mexico
10.3.5.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.3.5.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.3.5.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.4. EUROPE
10.4.1. Current Trends and Future Prospects
10.4.2. Europe market revenue, sales and production volume, 2018 – 2025
10.4.3. U.K
10.4.3.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.4.3.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.4.3.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.4.4. Germany
10.4.4.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.4.4.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.4.4.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.4.5. France
10.4.5.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.4.5.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.4.5.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.4.6. Italy
10.4.6.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.4.6.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.4.6.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.4.7. Rest of Europe
10.4.7.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.4.7.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.4.7.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.5. ASIA PACIFIC
10.5.1. Current Trends and Future Prospects
10.5.2. Europe market revenue, sales and production volume, 2018 – 2025
10.5.3. India
10.5.3.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.5.3.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.5.3.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.5.4. Japan
10.5.4.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.5.4.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.5.4.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.5.5. China
10.5.5.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.5.5.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.5.5.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.5.6. South Korea
10.5.6.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.5.6.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.5.6.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.5.7. Rest of APAC
10.5.7.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.5.7.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.5.7.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.6. REST OF THE WORLD
10.6.1. Current Trends and Future Prospects
10.6.2. Europe market revenue, sales and production volume, 2018 – 2025
10.6.3. Latin America
10.6.3.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.6.3.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.6.3.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.6.4. Middle East
10.6.4.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.6.4.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.6.4.3. Human Capital Management Market Production Million Units (2018 – 2025)
10.6.5. Africa
10.6.5.1. Human Capital Management Market Revenue $Million (2018 – 2025)
10.6.5.2. Human Capital Management Market Consumption Million Units (2018 – 2025)
10.6.5.3. Human Capital Management Market Production Million Units (2018 – 2025)
CHAPTER 11. KEY VENDOR PROFILES
11.1. Workday Incorporated
11.1.1. Company overview
11.1.2. Portfolio Analysis
11.1.3. Estimated revenue from human capital management business and market share
11.1.4. Regional & business segment Revenue Analysis
11.2. SAP SE
11.2.1. Company overview
11.2.2. Portfolio Analysis
11.2.3. Estimated revenue from human capital management business and market share
11.2.4. Regional & business segment Revenue Analysis
11.3. Epicor Software Corporation
11.3.1. Company overview
11.3.2. Portfolio Analysis
11.3.3. Estimated revenue from human capital management business and market share
11.3.4. Regional & business segment Revenue Analysis
11.4. Infor Incorporated
11.4.1. Company overview
11.4.2. Portfolio Analysis
11.4.3. Estimated revenue from human capital management business and market share
11.4.4. Regional & business segment Revenue Analysis
11.5. Kronos Incorporated
11.5.1. Company overview
11.5.2. Portfolio Analysis
11.5.3. Estimated revenue from human capital management business and market share
11.5.4. Regional & business segment Revenue Analysis
11.6. Ultimate Software Group
11.6.1. Company overview
11.6.2. Portfolio Analysis
11.6.3. Estimated revenue from human capital management business and market share
11.6.4. Regional & business segment Revenue Analysis
11.7. Paycor Incorporated
11.7.1. Company overview
11.7.2. Portfolio Analysis
11.7.3. Estimated revenue from human capital management business and market share
11.7.4. Regional & business segment Revenue Analysis
11.8. Paycom Software Incorporated
11.8.1. Company overview
11.8.2. Portfolio Analysis
11.8.3. Estimated revenue from human capital management business and market share
11.8.4. Regional & business segment Revenue Analysis
11.9. Automatic Data Processing Incorporated
11.9.1. Company overview
11.9.2. Portfolio Analysis
11.9.3. Estimated revenue from human capital management business and market share
11.9.4. Regional & business segment Revenue Analysis
11.10. Oracle Corporation
11.10.1. Company overview
11.10.2. Portfolio Analysis
11.10.3. Estimated revenue from human capital management business and market share
11.10.4. Regional & business segment Revenue Analysis
11.11. Sage plc.
11.11.1. Company overview
11.11.2. Portfolio Analysis
11.11.3. Estimated revenue from human capital management business and market share
11.11.4. Regional & business segment Revenue Analysis
11.12. Paychex Incorporated
11.12.1. Company overview
11.12.2. Portfolio Analysis
11.12.3. Estimated revenue from human capital management business and market share
11.12.4. Regional & business segment Revenue Analysis
11.13. Paylocity Corporation
11.13.1. Company overview
11.13.2. Portfolio Analysis
11.13.3. Estimated revenue from human capital management business and market share
11.13.4. Regional & business segment Revenue Analysis
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