Edison, NJ -- (SBWIRE) -- 07/29/2019 -- Human resource (HR) software conserves the confidential data like data of employee, address, contact number and financial data. HR software is delivered Software-as-a-Service (SaaS) model which is useful in total employee life-cycle management abilities and is an important driver for the development of the HR software market. Human resource department operates numerous functions like recruitment, vacation leaves, salary hikes, bonus, management, training, and payment benefits management. HR software offers various welfares such as document control and security. The emergence of the new tools in the software like advertisement management, candidate searching, and link up with Facebook and LinkedIn contribute to the development of global HR software market in the forecasted period.
This intelligence report provides a comprehensive analysis of the "Global HR Software Market. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It's a 360-degree overview of the global market's competitive landscape. The report further predicts the size and valuation of the global market during the forecast period.Some of the key players profiled in the study are Paychex, Inc. (United States), Paycom Software, Inc. (United States), SumTotal Systems Inc. (United States), SAP SE (Germany), International Business Machine (IBM) Corporation (United States), Oracle Corporation (United States), Ceridian HCM, Inc. (United States), Taleo Corporation (United States), PeopleAdmin (United States) and Kenexa Corporation (United States).
According to AMA, the Global HR Software market is expected to see growth rate of 11.0%.
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Market Trend
- High Adoption due to Technological proliferation in machine learning, Artificial Intelligence (AI), big data analytics, and Internet of Things (IoT)
Market Drivers
- Increasing Demand for Replacing the Legacy Systems with Enhanced Human Capital Management Platforms
Opportunities
- Rising inclination toward human resource analytics
Restraints
- Rapid Increase in Cybercrime Which May Harm Data Security
Challenges
- The Complexity of Software Increases as the Size Of Organization Increase
Each segment and sub-segment is analyzed in the research report. The competitive landscape of the market has been elaborated by studying a number of factors such as the best manufacturers, prices and revenues. Global HR Software Market is accessible to readers in a logical, wise format. Driving and restraining factors are listed in this study report to help you understand the positive and negative aspects in front of your business.
This study mainly helps understand which market segments or Region or Country they should focus in coming years to channelize their efforts and investments to maximize growth and profitability. The report presents the market competitive landscape and a consistent in depth analysis of the major vendor/key players in the market.
Furthermore, the years considered for the study are as follows:
Historical year – 2013-2017
Base year – 2018
Forecast period** – 2019 to 2025 [** unless otherwise stated]
**Moreover, it will also include the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product services of key players.
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Segmentation and Targeting:
The Study Explore the Product Types of HR Software Market: Recruiting, Software-As-A-Service (SaaS), Core HR, Others
Deployment Mode: On-Premises, Cloud
Organization Size: Medium Businesses, Large Enterprises, Small Business
Administration Software: Payroll, Time and Attendance, Benefits Management, Others
End User: Academia, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Retail, Others
Top Players in the Market are: Paychex, Inc. (United States), Paycom Software, Inc. (United States), SumTotal Systems Inc. (United States), SAP SE (Germany), International Business Machine (IBM) Corporation (United States), Oracle Corporation (United States), Ceridian HCM, Inc. (United States), Taleo Corporation (United States), PeopleAdmin (United States) and Kenexa Corporation (United States)
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
Objectives of the Study
- To Define, Describe, and Segment The Global HR Software Market On The Basis Of Type, Function, Application, And Region.
- To provide detailed information regarding the major factors influencing the market growth (drivers, restraints, opportunities, and industry-specific challenges)
- To estimate the size of the Global HR Software Market in terms of value.
- To study the individual growth trends of the providers of Global HR Software Market, their future expansions, and analyze their contributions to the market
- To strategically analyze micro-markets with respect to individual growth trends, future prospects, and contribution to the total market, covered by Global HR Software Market and various regions.
- To track and analyze competitive developments such as joint ventures, mergers & acquisitions, and new product launches, in Global HR Software Market.
- To strategically profile key market players and comprehensively analyze their market position and core competencies
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Extracts from TOC
1 Study Coverage
Industry Definition
.....
2 Executive Summary
Global HR Software Market Size (2014-2025) by Revenue, Production*, Growth rate
Analysis of Competitive Landscape - Insights on Market Development Scenario
3 Market Size by Manufacturers [Market Share, Global Rank etc]
4 Global HR Software Production, Consumption by Regions (2014-2025)
5 Market Size by Type
Global HR Software Revenue by Type
Global HR Software Volume by Type
Global HR Software Price by Type
6 Market Size by Application (2014-2025)
Global HR Software Breakdown Data by Revenue, Volume
7 Manufacturers Profiles
8 Value Chain and Sales Channels Analysis
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Key questions answered
- Who are the Leading key players and what are their Key Business plans in the Global HR Software market?
- What are the key concerns of the five forces analysis of the Global HR Software market?
- What are different prospects and threats faced by the dealers in the Global HR Software market?
- What are the strengths and weaknesses of the key vendors?
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