Los Angeles, CA -- (SBWire) -- 04/10/2019 --Human capital administration (HCM) is a set of practices related to human resource administration. These practices are centered on the organizational have to be give particular competencies and are executed in three categories: workforce procurement, workforce administration and workforce optimization.
Human Capital Management market is highly competitive, rapidly changing, and significantly affected by new product introductions and the market activities of other industry participants. Human Capital Management providers face competition from the customers' internal information technology departments as well as Human Capital Management competitors. Human Capital Management service providers much provide a value-added product that is easy to install and cost effective.
North America and Europe are the largest market of Human Capital Management. In 2017, the revenue market share of Human Capital Management was about 57.24% in North America, while the market share in Europe was about 25.61%.
As to providers of Human Capital Management, SAP, Automatic Data Processing, Ultimate Software Group, Linkedin (Microsoft) and Oracle are still having wonderful performance benefited by their high-tech and product quality.
In 2018, the global Human Capital Management market size was 14300 million US$ and it is expected to reach 21600 million US$ by the end of 2025, with a CAGR of 6.1% between 2019 and 2025.
This report studies the Human Capital Management market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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This report focuses on the global top players, covered
SAP SE
Automatic Data Processing, LLC
Ultimate Software Group, Inc.
Linkedin (Microsoft)
Oracle Corporation
Workday
Ceridian HCM, Inc.
Kronos, Inc.
Infor
IBM Corporation
Cornerstone OnDemand
Paycom Software, Inc.
Intuit
SumTotal Systems, LLC (SkillSoft)
Sage
Epicor Software
Accenture
Workforce Software
Zenefits
Ramco Systems
EPAY Systems
PeopleStrategy, Inc.
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Talent Acquisition
Talent Management
HR Core Administration
HCM
Market segment by Application, the market can be split into
Healthcare
Financial Services
Government/Non-Profit
Retail/Wholesale
Professional/Technical Services
Manufacturing
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Human Capital Management Market Is Expected to Reach 21600 Million US$ by the End of 2025
Human Capital Management Market is a detailed report, which presents a combination of industry knowledge and research expertise based on regions too. This report delivers the market trends along with the market size for every individual sector.