Software as a service (SaaS) based human resource management (HRM) alludes to the HR software carry out in cloud computing environment. SaaS based HRM solution enables to control and manage aspects of HR actions to maintain entirely employees’ details from the date of joining to the date of retirement.
Albany, NY -- (SBWIRE) -- 06/26/2017 -- Introduction and adoption of SaaS based HRM solutions has allowed firms to increase productivity of their HR department by providing self-service web interfaces. Rising workforce globalization is expected to drive the large-scale implementation of SaaS based HRM solutions by small and large companies. The increasing demand for better architectures for talent and recruiting procedures is important to the increasing functioning of SaaS based HRM models. Features such as quick employee verification, employee benefit administration and employment application processing will be highly sought after. In the light of these advantages, a new research report with the title "SaaS Based HRM Market - Europe Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" has been added to the vast database of Market Research Reports Search Engine (MRRSE). This report analyzes the ongoing market trends as well as the future outlook of Europe SaaS based HRM market.
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The Europe SaaS based HRM market is expected to grow at a CAGR of 11.3% between 2017 and 2025. At this pace, the market will reach a valuation of US$1,962.1 million by 2025 from US$676.2 million is 2015. This report on Europe SaaS based HRM market studies the market for the period 2015–2025, in which 2016 is the base year and the period from 2017 to 2025 is the forecast period. Data for 2015 is included as historical information. The report analyzes market dynamics including drivers, restraints opportunities, and trends likely to influence the Europe SaaS based HRM market growth during the forecast period. It also provides a comprehensive study on market growth throughout the forecast period from 2017 to 2025 in terms of revenue (value in US$ Million) across different regions.
The Europe SaaS based HRM is segmented based on enterprise size, solution and industry. Based on enterprise size, the Europe market is classified into small and medium enterprise and large enterprise. Based on solution, the market is divided into Time and Attendance Management, Workforce Management, HR and Payroll, Integrated Solutions, Others (Scheduling, Hiring, etc.). On the basis of industry, the market is segmented into Banking, Healthcare, IT and Telecom, Manufacturing, Financial Services and Insurance (BFSI), Others (Government, Logistics, etc.). Geographically, the report divides Europe SaaS based market into Germany, The U.K., Italy, Scandinavia, The Netherlands, France, Poland, and Rest of Europe. Countries are examined in terms of revenue generation.
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Some of the key players of Europe SaaS based HRM market are profiled with an emphasis on competitive details such as business strategies, company and financial overview, and their recent developments. The players profile of major companies that are incorporated in this report include as The Sage Group plc, ADP, LLC, SAP (SuccessFactor, Inc.), Oracle (Taleo Corporation), Rexx systems GmbH, IBM Corporation, SD Worx, Perbit Software GmbH, Jobvite Inc., Persis GmbH,.
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