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.
This report focuses on the global top players, covered
Automatic Data Processing, LLC
Ultimate Software Group, Inc.
Ceridian HCM, Inc.
Paycom Software, Inc.
SumTotal Systems, LLC (SkillSoft)
Market segment by Regions/Countries, this report covers
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
HR Core Administration
Market segment by Application, the market can be split into
The study objectives of this report are:
To study and forecast the market size of Human Capital Management in global market.
To analyze the global key players, SWOT analysis, value and global market share for top players.
To define, describe and forecast the market by type, end use and region.
To analyze and compare the market status and forecast among global major regions.
To analyze the global key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Human Capital Management are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Raw material suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Human Capital Management market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.