Boston, MA -- (SBWIRE) -- 09/21/2016 -- HCM is the process of staffing employees that considers people as assets or human capital whose current value can be measured and future value can be enhanced through investments. HCM software solutions help manage a large and growing workforce in an effective way. It streamlines the traditional HR functions such as benefits administration, personnel tracking, and payroll. Additionally, it automates many administrative processes such as reporting and attendance monitoring to increase productivity. It also helps in strategic level processes such as recruitment, employee development, and employee management.

Technavio's analysts forecast the human capital management (HCM) software market in Germany to grow at a CAGR of 5.47% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Human Capital Management Software Market in Germany 2016-2020

Covered in this report
The report covers the present scenario and the growth prospects of the human capital management (HCM) software market in Germany for 2016-2020. To calculate the market size, the report considers the revenue obtained from software licenses, maintenance costs, and professional services.

The market is divided into the following segments based on process:

-Strategic segment
-Administrative segment

Technavio's report, human capital management (HCM) software market in Germany 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-ADP
-Oracle
-SAP
-Workday
-BambooHR
-PeopleFluent
-Ultimate Software
-Zoho

Other prominent vendors

-CakeHR
-Ceridian
-Cezanne HR
-Epicor
-FinancialForce
-IBM Kenexa
-Infor
-Kronos
-Namely
-Sage
-Haufe-umantis
-WebHR

Market driver

-Introduction of Employment & Labor Law 2016 in Germany
-For a full, detailed list, view our report

Market challenge

-Data security and privacy
-For a full, detailed list, view our report

Market trend

-Increasing popularity of advanced workforce analytics
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: ADP, Oracle, SAP, Workday, BambooHR, PeopleFluent, Ultimate Software, Zoho, CakeHR, Ceridian, Cezanne HR, Epicor, FinancialForce, IBM Kenexa, Infor, Kronos, Namely, Sage, Haufe-umantis, WebHR.

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