Core HR Software Market, by Component (Software, Services), Software (Benefits and Claims Management, Payroll and Compensation Management, Personnel Management, Learning Management, Pension Management, Compliance Management, Succession Planning), Service (Integration Services, Maintenance and Support, Consulting), Deployment Type (On-Premises and Cloud), Organization Size (SMEs and Large Enterprises), Vertical (Government, Manufacturing, Energy and Utilities, Consumer Goods and Retail, Healthcare, Transportation and Logistics, Telecom and Information Technology (IT), Banking, Financial Services, and Insurance (BFSI) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022
Chicago, IL -- (SBWIRE) -- 07/17/2017 -- Core HR Software also known as HRIS i.e. human resource information systems have a central record system which can store data of employee like payroll and benefits information. HR managers use such kind of software for reporting major organization trends as well as for tracking records of employees. With the help of self-service options of this software, employees can update their information without disrupting the HR department's workflow. Companies are adopting this software for improving their value in various functioning of HR department, integrating this software with third-party applications of HR as well as incorporating this software in integrated suite of HR management.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the core hr software market. The scope of this report covers the core hr software market by its major segments, which include the types, applications, and the major geographic regions.
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On the basis of region, the global market for low-temperature coatings has been fragmented into Europe, North America, Asia-Pacific, Middle East & Africa and Latin America. Among these, North America is predicted to lead the market by achieving a large share in the global core HR software market in the coming years. The regions of North America will remain dominant in core HR software market due to adoption of smartphones, cloud platforms, and newer technologies. Many emerging players are making a mark in the North American core HR software market to gain success by meeting the needs of HR professionals through customized, flexible, and differentiated products.
KEY MARKET PLAYERS
Key players in the core hr software market include:
1. Automatic Data Processing, LLC
2. Ceridian HCM, Inc.
4. Employwise, Inc.
5. International Business Machines Corporation
6. Oracle Corporation
7. Paychex, Inc.
8. Paycom Software, Inc.
9. SAP SE
10. Sumtotal Systems, LLC (A Skillsoft Company)
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