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1390556

人力資本管理市場：2023-2028 年全球產業趨勢、佔有率、規模、成長、機會與預測

Human Capital Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
出版日期: | 出版商: IMARC | 英文 138 Pages | 商品交期: 2-3個工作天內

價格

概要

2022年全球人力資本管理市場規模達227億美元。展望未來， IMARC Group預計到2028年市場規模將達到370億美元，2022-2028年複合年成長率（CAGR）為8.48%。科技的快速進步、業務全球化的不斷發展、對自動化的需求不斷成長、遠距工作的趨勢不斷成長、對人力資本管理（HCM）即時洞察員工績效的需求不斷成長，以及對員工敬業度和滿意度的日益重視，這些都是推動員工敬業度和滿意度的主要因素。市場。

人力資本管理（HCM）是指組織中的關鍵職能，重點在於組織人力資源的招募、管理、發展和最佳化。它包括人才獲取、學習和發展、績效管理、薪酬規劃和勞動力規劃。 HCM 在招募、入職、培訓、職涯發展、繼任計畫、時間追蹤、員工排程、薪資、福利管理和合規管理等領域有著廣泛的應用。它有助於提高生產力、增強員工敬業度、創造協作環境、降低管理成本、提供即時見解、促進合規性並支援策略規劃。

遠距工作的日益成長趨勢需要能夠有效管理和吸引不同地點員工的工具，這正在推動市場成長。此外，為確保遵守勞動法和員工福利法規而廣泛採用 HCM 正在推動市場成長。除此之外，對員工敬業度和滿意度的日益重視正在促進對 HCM 的需求，因為它提供個人化和持續的回饋。除此之外，對人力資本管理即時洞察員工績效並做出數據驅動決策的需求不斷成長，這對市場成長產生了積極影響。此外，擴大採用 HCM 來使人力資源與組織目標保持一致，這也促進了市場的成長。除此之外，中小型企業（SME）擴大利用人力資本管理（HCM）是另一個成長誘導因素。

人力資本管理市場趨勢/促進因素：

科技的快速進步

人工智慧 (AI)、機器學習 (ML) 和雲端運算等技術的整合正在徹底改變 HCM 市場。與此一致，人工智慧和機器學習提供預測分析、個人化學習路徑和智慧自動化，有助於提高效率和決策。此外，基於雲端的解決方案支援跨不同地理位置的存取和協作，確保統一和無縫的體驗。這不僅支援全球營運，還提供可擴展性以適應不同的業務需求。此外，該技術正在創建更方便用戶使用的平台，允許更廣泛的用戶無需強化培訓即可進行互動。此外，這些先進技術提供的即時分析和見解可幫助人力資源專業人員預測趨勢、識別潛在問題並採取明智的行動。除此之外，擴大採用自動化來最大限度地減少人為錯誤、節省寶貴的時間並最佳化流程，這對市場成長產生了積極影響。

企業日益全球化

由於勞動力的全球化和多元化，企業管理的複雜性日益增加，正在推動市場的成長。據此，HCM 系統對於確保人力資源實踐的一致性、遵守各種當地勞動法以及提供跨文化和時區的有效溝通至關重要。此外，HCM 工具提供了必要的自動化、整合和靈活性來處理各種貨幣、語言、法規和文化差異，使手動管理變得不那麼繁瑣且不會出錯。此外，它們還可以創建全球人才庫，標準化招聘、入職和培訓程序，並確保薪資和福利符合當地標準。除此之外，不同地點之間即時協作和溝通的需求也促進了對基於雲端的 HCM 解決方案的需求，因為它們可以培養統一的組織文化，促進全球人才管理並確保法律合規性。

對自動化的需求不斷成長

人力資源職能自動化需求的不斷成長是 HCM 市場成長的一個突出因素。招聘、薪資處理、績效追蹤和福利管理等領域的自動化消除了重複且耗時的任務，使人力資源專業人員能夠專注於更具策略性的角色。此外，自動化招募工具可以掃描數千份申請，根據預先定義的標準將候選人列入候選名單，從而減少偏見並加速招募流程。此外，薪資自動化可確保準確性並遵守稅務法規，從而最大限度地減少潛在的法律問題。除此之外，績效管理的自動化可以實現持續回饋和即時調整，從而打造出更敏捷和反應敏捷的員工團隊。此外，自動化報告和分析提供了有助於更好規劃和決策的見解。因此，自動化不僅提高了效率，還透過提供個人化和及時的互動來改善員工體驗。

人力資本管理產業細分：

IMARC Group提供了全球人力資本管理市場報告各細分市場主要趨勢的分析，以及 2023-2028 年全球、區域和國家層面的預測。我們的報告根據組件、部署類型和垂直行業對市場進行了分類。

按組件分類：

軟體

核心人力資源

招募

勞動力管理

薪資和工資

其他

服務

託管服務

專業的

軟體主導市場

該報告根據組成部分提供了詳細的市場細分和分析。這包括軟體（核心人力資源、招募、勞動力管理、薪資和薪資等）和服務（託管服務和專業服務）。根據該報告，軟體佔據了最大的部分。

軟體在市場上佔據主導地位，因為它提供可擴展性來適應不斷變化的業務規模和複雜性。它允許組織根據其特定需求自訂功能，為各種人力資源職能提供成長和靈活性。此外，該軟體還可以自動執行重複性任務，例如薪資處理、招聘和福利管理，從而提高效率、準確性並節省時間，使人力資源專業人員能夠專注於更具策略性的角色。除此之外，它還使組織能夠從大量員工資料中收集見解，從而促進更好的決策和策略規劃。此外，該軟體還提供與其他業務工具和系統的無縫整合，從而實現更統一和簡化的工作流程。除此之外，它還提供不斷的更新以反映法規和法律的變化。這可確保組織遵守當地和國際勞動法，從而最大限度地降低法律風險。

依部署類型細分：

基於雲端

本地

基於雲端的主導市場

該報告根據部署類型對市場進行了詳細的細分和分析。這包括基於雲端的和本地的。根據該報告，基於雲端的佔據了最大的部分。

基於雲端的 HCM 解決方案提供從任何有網路連線的地方的訪問，促進不同地點的員工之間的協作。此外，它還能夠根據組織的需求擴大或縮小資源規模。這種靈活性使其適合各種規模的公司，包括快速成長的企業。此外，基於雲端的 HCM 透過利用共享資源並消除對實體基礎設施的需求來減少資本支出。除此之外，它還可以輕鬆地與其他業務應用程式整合，並且通常可以進行客製化以滿足特定的組織需求，從而提供有凝聚力的客製化解決方案。此外，基於雲端的解決方案可以在不中斷使用者體驗的情況下實現自動更新和升級，從而確保組織始終利用最新功能並遵守最新法規。

按垂直行業細分：

BFSI

零售

資訊科技和電信

衛生保健

款待

政府

製造業

其他

IT和電信主導市場

該報告根據行業垂直領域對市場進行了詳細的細分和分析。這包括 BFSI、零售、IT 和電信、醫療保健、酒店、政府、製造業等。報告稱，IT 和電信是最大的市場領域。

IT 和電信是科技不斷創新和發展的領域。這需要高技能且適應性強的員工隊伍，需要使用先進的 HCM 解決方案來獲取、培訓和發展人才。此外，它們在全球範圍內營運，需要管理分佈在不同地區的多元化團隊。據此，HCM 解決方案促進無縫溝通、協作並遵守不同的地區法規。此外，IT 和電信業因頂尖人才的激烈競爭而聞名。 HCM 工具可實現有效的招募、留任和發展策略，為留住最優秀的專業人員提供競爭優勢。此外，他們接受遠端和靈活的工作安排，這需要 HCM 解決方案來實現遠端團隊的有效管理、協作和參與。

按地區分類：

北美洲

美國

加拿大

亞太

中國

日本

印度

韓國

澳洲

印尼

其他

歐洲

德國

法國

英國

義大利

西班牙

俄羅斯

其他

拉丁美洲

巴西

墨西哥

其他

中東和非洲

北美在市場上表現出明顯的主導地位，佔據最大的人力資本管理市場佔有率

該報告還對所有主要區域市場進行了全面分析，其中包括北美（美國和加拿大）；亞太地區（中國、日本、印度、韓國、澳洲、印尼等）；歐洲（德國、法國、英國、義大利、西班牙等）；拉丁美洲（巴西、墨西哥等）；以及中東和非洲。報告稱，北美是最大的細分市場。

由於擁有領先的科技公司，北美成為技術創新中心，並且擁有有利的研發 (R&D) 環境，促進了人工智慧、雲端運算和支撐現代 HCM 系統的其他技術的進步。此外，該地區的企業長期重視策略性人力資源管理、人才最佳化和員工敬業度，這與 HCM 解決方案的功能非常契合。此外，與員工福利、多元化和包容性相關的嚴格勞動法律法規的實施也促進了對強大的 HCM 系統的需求，以確保合規性。除此之外，北美強勁的經濟鼓勵業務成長和發展，導致勞動力管理需求增加，進而推動對 HCM 解決方案的需求。

競爭格局：

領先的 HCM 公司正在投資機器學習 (ML) 演算法、資料分析和人工智慧 (AI)，以創建複雜的工具來滿足現代人力資源管理的多方面需求。此外，他們還參與策略性合併、收購和合作，這使他們能夠擴大產品範圍，開拓新市場，並結合專業知識來創造更強大的解決方案。此外，領先的市場參與者正專注於擴大其地理覆蓋範圍，瞄準新興市場和 HCM 解決方案仍未充分利用的行業，例如醫療保健、零售和中小企業。除此之外，頂級公司正在設計直覺的介面、個人化儀表板和無縫整合，以增強人力資源專業人員和員工的可用性。此外，他們還透過先進的安全措施和合規管理工具來強化其解決方案。

該報告對全球人力資本管理市場的競爭格局進行了全面分析。也提供了所有主要公司的詳細資料。市場上的一些主要參與者包括：

自動資料處理公司

Ceridian HCM 公司

Infor公司（科氏工業公司）

國際商業機器公司

微軟公司

甲骨文公司

PeopleFluent Inc.（學習科技集團股份有限公司）

拉姆科系統有限公司

SAP系統公司

SumTotal Systems LLC（Skillsoft 有限公司）

英國聯合王國公司

工作日公司

最近的發展：

2022 年 9 月，Workday Inc. 推出了下一代技能技術，使組織能夠更深入地了解員工技能並提供更個人化的員工體驗。

2022 年 10 月，自動資料處理公司推出了“員工之聲”，這將使雇主能夠在整個員工生命週期中收集回饋和情緒。

2021 年 12 月，Ceridian HCM Inc. 收購了領先的薪資和人力資本管理公司 ADAM HCM，以擴大其全球業務。

本報告回答的關鍵問題

  • 2022年全球人力資本管理市場規模有多大
  • 2023-2028年全球人力資本管理市場的預期成長率是多少
  • 推動全球人力資本管理市場的關鍵因素是什麼
  • COVID-19 對全球人力資本管理市場有何影響
  • 全球人力資本管理市場的組成部分是怎麼樣的
  • 根據部署類型，全球人力資本管理市場的細分是什麼
  • 基於行業垂直的全球人力資本管理市場的細分是什麼
  • 全球人力資本管理市場的重點區域有哪些
  • 誰是全球人力資本管理市場的主要參與者/公司

本報告回答的關鍵問題

  • 2022年全球人力資本管理市場規模有多大？
  • 2023-2028年全球人力資本管理市場的預期成長率是多少？
  • 推動全球人力資本管理市場的關鍵因素是什麼？
  • COVID-19 對全球人力資本管理市場有何影響？
  • 全球人力資本管理市場的組成是怎麼樣的？
  • 根據部署類型，全球人力資本管理市場的細分是什麼？
  • 基於垂直產業的全球人力資本管理市場的細分是怎麼樣的？
  • 全球人力資本管理市場的重點區域有哪些？
  • 全球人力資本管理市場的主要參與者/公司有哪些？

目錄

第 1 章：前言

第 2 章：範圍與方法

  • 研究目的
  • 利害關係人
  • 資料來源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章：執行摘要

第 4 章：簡介

  • 概述
  • 主要行業趨勢

第 5 章：全球人力資本管理市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場預測

第 6 章：按成分分類的市場區隔

  • 軟體
    • 市場走向
    • 關鍵環節
      • 核心人力資源
      • 招募
      • 勞動力管理
      • 薪資和工資
      • 其他
    • 市場預測
  • 服務
    • 市場走向
    • 關鍵環節
      • 託管服務
      • 專業的
    • 市場預測

第 7 章：按部署類型分類的市場區隔

  • 基於雲端
    • 市場走向
    • 市場預測
  • 本地
    • 市場走向
    • 市場預測

第 8 章：按垂直產業分類的市場區隔

  • BFSI
    • 市場走向
    • 市場預測
  • 零售
    • 市場走向
    • 市場預測
  • 資訊科技和電信
    • 市場走向
    • 市場預測
  • 衛生保健
    • 市場走向
    • 市場預測
  • 款待
    • 市場走向
    • 市場預測
  • 政府
    • 市場走向
    • 市場預測
  • 製造業
    • 市場走向
    • 市場預測
  • 其他
    • 市場走向
    • 市場預測

第 9 章：按地區分類的市場區隔

  • 北美洲
    • 美國
      • 市場走向
      • 市場預測
    • 加拿大
      • 市場走向
      • 市場預測
  • 亞太
    • 中國
      • 市場走向
      • 市場預測
    • 日本
      • 市場走向
      • 市場預測
    • 印度
      • 市場走向
      • 市場預測
    • 韓國
      • 市場走向
      • 市場預測
    • 澳洲
      • 市場走向
      • 市場預測
    • 印尼
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 歐洲
    • 德國
      • 市場走向
      • 市場預測
    • 法國
      • 市場走向
      • 市場預測
    • 英國
      • 市場走向
      • 市場預測
    • 義大利
      • 市場走向
      • 市場預測
    • 西班牙
      • 市場走向
      • 市場預測
    • 俄羅斯
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 拉丁美洲
    • 巴西
      • 市場走向
      • 市場預測
    • 墨西哥
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 中東和非洲
    • 市場走向
    • 按國家/地區分類的市場細分
    • 市場預測

第 10 章：SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 11 章：價值鏈分析

第 12 章：波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 13 章：價格分析

第14章：競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Automatic Data Processing Inc.
    • Ceridian HCM Inc.
    • Infor Inc. (Koch Industries Inc.)
    • International Business Machines Corporation
    • Microsoft Corporation
    • Oracle Corporation
    • PeopleFluent Inc. (Learning Technologies Group plc)
    • Ramco Systems Limited
    • SAP SE
    • SumTotal Systems LLC (Skillsoft Limited)
    • UKG Inc.
    • Workday Inc.
Product Code: SR112023A4336

Abstract

The global human capital management market size reached US$ 22.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 37.0 Billion by 2028, exhibiting a growth rate (CAGR) of 8.48% during 2022-2028. The rapid technological advancements, increasing globalization of businesses, growing demand for automation, rising trend of remote work, growing demand for HCM to gain real-time insights into workforce performance, and escalating emphasis on employee engagement and satisfaction are some of the major factors propelling the market.

Human capital management (HCM) refers to a critical function in organizations, focusing on the recruitment, management, development, and optimization of an organization's human resources. It comprises talent acquisition, learning and development, performance management, compensation planning, and workforce planning. HCM finds extensive applications in recruitment, onboarding, training, career development, succession planning, time tracking, employee scheduling, payroll, benefits administration, and compliance management. It aids in increasing productivity, enhancing employee engagement, fostering a collaborative environment, reducing administrative costs, providing real-time insights, promoting compliance, and supporting strategic planning.

The rising trend of remote work, which necessitates tools that can effectively manage and engage employees across different locations, is propelling the market growth. Furthermore, the widespread adoption of HCM to ensure compliance with labor laws and employee benefits regulations is driving the market growth. Apart from this, the escalating emphasis on employee engagement and satisfaction is facilitating the demand for HCM as it offers personalized and continuous feedback. Besides this, the growing demand for HCM to gain real-time insights into workforce performance and make data-driven decisions is positively influencing the market growth. Moreover, the rising adoption of HCM to align human resources with organizational goals is contributing to the market growth. Along with this, the increasing utilization of HCM by small and medium enterprises (SMEs) is acting as another growth-inducing factor.

Human Capital Management Market Trends/Drivers:

The rapid technological advancements

The integration of technologies, including artificial intelligence (AI), machine learning (ML), and cloud computing, is revolutionizing the HCM market. In line with this, AI and ML offer predictive analytics, personalized learning paths, and intelligent automation, which aids in enhancing efficiency and decision-making. Furthermore, cloud-based solutions enable accessibility and collaboration across various geographical locations, ensuring a uniform and seamless experience. This not only supports global operations but also provides scalability to adapt to varying business needs. Additionally, the technology is creating platforms that are more user-friendly, allowing a wider array of users to interact without intensive training. Moreover, the real-time analysis and insights provided by these advanced technologies assist HR professionals in predicting trends, identifying potential issues, and making informed actions. Apart from this, the increasing adoption of automation to minimize manual errors, save valuable time, and optimize processes is positively influencing the market growth.

The increasing globalization of businesses

The increasing complexity of managing businesses due to a global and diverse workforce is driving the market growth. In line with this, HCM systems are essential in ensuring consistency in HR practices, complying with various local labor laws, and providing effective communication across different cultures and time zones. Additionally, HCM tools provide the necessary automation, integration, and flexibility to handle various currencies, languages, regulations, and cultural nuances, making manual management less cumbersome and error-free. Moreover, they allow for the creation of global talent pools, standardize recruitment, onboarding, and training procedures, and ensure that compensation and benefits are aligned with local standards. Apart from this, the need for real-time collaboration and communication across different locations is facilitating the demand for cloud-based HCM solutions, as they can foster a unified organizational culture, facilitate global talent management, and ensure legal compliance.

The growing demand for automation

The increasing demand for automation in HR functions is a prominent factor in the growth of the HCM market. Automation in areas, such as recruitment, payroll processing, performance tracking, and benefits administration eliminates repetitive and time-consuming tasks, allowing HR professionals to focus on more strategic roles. Furthermore, automated recruitment tools can scan thousands of applications to shortlist candidates based on predefined criteria, reducing bias and accelerating the hiring process. Additionally, payroll automation ensures accuracy and compliance with tax regulations, thus minimizing potential legal issues. Apart from this, automation in performance management enables continuous feedback and real-time adjustments, creating a more agile and responsive workforce. Moreover, automated reporting and analytics provide insights that facilitate better planning and decision-making. As a result, automation not only enhances efficiency but also improves the employee experience by offering personalized and timely interactions.

Human Capital Management Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global human capital management market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on component, deployment type and industry verticals.

Breakup by Component:

Software

Core HR

Recruiting

Workforce Management

Compensation and Payroll

Others

Service

Managed Service

Professional

Software dominates the market

The report has provided a detailed breakup and analysis of the market based on the component. This includes software (core HR, recruiting, workforce management, compensation and payroll, and others) and service (managed service and professional). According to the report, software represented the largest segment.

Software is dominating the market as it offers scalability to accommodate the changing size and complexity of businesses. It allows organizations to tailor functionalities to their specific needs, providing both growth and flexibility in various HR functions. Furthermore, the software automates repetitive tasks, such as payroll processing, recruitment, and benefits administration, which leads to improved efficiency, accuracy, and time savings, allowing HR professionals to focus on more strategic roles. Apart from this, it enables organizations to gather insights from vast amounts of employee data, facilitating better decision-making and strategic planning. Moreover, the software offers seamless integration with other business tools and systems, leading to a more unified and streamlined workflow. Along with this, it provides constant updates to reflect changes in regulations and laws. This ensures that organizations maintain compliance with local and international labor laws, thus minimizing legal risks.

Breakup by Deployment Type:

Cloud-based

On-premises

Cloud-based dominates the market

The report has provided a detailed breakup and analysis of the market based on the deployment type. This includes cloud-based and on-premises. According to the report, cloud-based represented the largest segment.

Cloud-based HCM solutions provide access from anywhere with an internet connection, facilitating collaboration among employees across different locations. Furthermore, it offers the ability to scale resources up or down based on the organization's needs. This flexibility makes it suitable for companies of all sizes, including rapidly growing businesses. Additionally, cloud-based HCM reduces capital expenditure by utilizing shared resources and eliminating the need for physical infrastructure. Apart from this, it allows easy integration with other business applications and can often be customized to fit specific organizational needs, providing a cohesive and tailored solution. Moreover, cloud-based solutions enable automatic updates and upgrades without interrupting the user experience, thus ensuring that organizations are always utilizing the latest features and complying with the most recent regulations.

Breakup by Industry Verticals:

BFSI

Retail

IT and Telecommunication

Healthcare

Hospitality

Government

Manufacturing

Others

IT and telecommunication dominate the market

The report has provided a detailed breakup and analysis of the market based on the industry verticals. This includes BFSI, retail, IT and telecommunication, healthcare, hospitality, government, manufacturing, and others. According to the report, IT and telecommunication represented the largest market segment.

IT and telecommunication are fields characterized by constant technological innovation and evolution. This demands a highly skilled and adaptable workforce, necessitating the use of advanced HCM solutions for talent acquisition, training, and development. Furthermore, they operate on a global scale, requiring the management of diverse teams spread across various regions. In line with this, HCM solutions facilitate seamless communication, collaboration, and compliance with varying regional regulations. Additionally, the IT and telecommunication sectors are known for intense competition for top talent. HCM tools enable effective recruitment, retention, and development strategies, providing a competitive edge in retaining the best professionals. Moreover, they embrace remote and flexible working arrangements, which requires HCM solutions to enable effective management, collaboration, and engagement of remote teams.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance in the market, accounting for the largest human capital management market share

The report has also provided a comprehensive analysis of all the major regional markets, which includes North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America represented the largest market segment.

North America is a hub for technological innovation owing to the presence of leading tech companies, along with a conducive environment for research and development (R&D) that has spurred advancements in AI, cloud computing, and other technologies that underpin modern HCM systems. Furthermore, the region's businesses have a longstanding emphasis on strategic human resource management, talent optimization, and employee engagement, which aligns well with the capabilities of HCM solutions. In addition, the implementation of strict labor laws and regulations related to employee benefits, diversity, and inclusion is facilitating the demand for robust HCM systems to ensure compliance. Apart from this, North America's strong economy encourages business growth and development, leading to an increase in workforce management needs and thereby propelling the demand for HCM solutions.

Competitive Landscape:

The leading HCM companies are investing in machine learning (ML) algorithms, data analytics, and artificial intelligence (AI) to create sophisticated tools that cater to the multifaceted demands of modern HR management. Additionally, they are engaging in strategic mergers, acquisitions, and partnerships, which enables them to broaden their product offerings, reach new markets, and combine expertise to create more robust solutions. Furthermore, leading market players are focusing on expanding their geographic reach, targeting emerging markets and sectors where HCM solutions are still underutilized, such as healthcare, retail, and small-to-medium-sized enterprises. Apart from this, top companies are designing intuitive interfaces, personalized dashboards, and seamless integrations that enhance usability for both HR professionals and employees. Moreover, they are fortifying their solutions with advanced security measures and compliance management tools.

The report has provided a comprehensive analysis of the competitive landscape in the global human capital management market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Automatic Data Processing Inc.

Ceridian HCM Inc.

Infor Inc. (Koch Industries Inc.)

International Business Machines Corporation

Microsoft Corporation

Oracle Corporation

PeopleFluent Inc. (Learning Technologies Group plc)

Ramco Systems Limited

SAP SE

SumTotal Systems LLC (Skillsoft Limited)

UKG Inc.

Workday Inc.

Recent Developments:

In September 2022, Workday Inc. introduced a next-generation skills technology that allows organizations to gain deeper insight into workforce skills and deliver more personalized employee experiences.

In October 2022, Automatic Data Processing Inc. launched "Voice of the Employee," which will allow employers to collect feedback and sentiment throughout the employee lifecycle.

In December 2021, Ceridian HCM Inc. acquired ADAM HCM, a leading payroll and human capital management company, to expand its presence globally.

Key Questions Answered in This Report

  • 1. What was the size of the global human capital management market in 2022?
  • 2. What is the expected growth rate of the global human capital management market during 2023-2028?
  • 3. What are the key factors driving the global human capital management market?
  • 4. What has been the impact of COVID-19 on the global human capital management market?
  • 5. What is the breakup of the global human capital management market based on the component?
  • 6. What is the breakup of the global human capital management market based on the deployment type?
  • 7. What is the breakup of the global human capital management market based on the industry verticals?
  • 8. What are the key regions in the global human capital management market?
  • 9. Who are the key players/companies in the global human capital management market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Human Capital Management Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Component

  • 6.1 Software
    • 6.1.1 Market Trends
    • 6.1.2 Key Segments
      • 6.1.2.1 Core HR
      • 6.1.2.2 Recruiting
      • 6.1.2.3 Workforce Management
      • 6.1.2.4 Compensation and Payroll
      • 6.1.2.5 Others
    • 6.1.3 Market Forecast
  • 6.2 Service
    • 6.2.1 Market Trends
    • 6.2.2 Key Segments
      • 6.2.2.1 Managed Service
      • 6.2.2.2 Professional
    • 6.2.3 Market Forecast

7 Market Breakup by Deployment Type

  • 7.1 Cloud-based
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 On-premises
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Industry Verticals

  • 8.1 BFSI
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Retail
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 It and Telecommunication
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Healthcare
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Hospitality
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Government
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast
  • 8.7 Manufacturing
    • 8.7.1 Market Trends
    • 8.7.2 Market Forecast
  • 8.8 Others
    • 8.8.1 Market Trends
    • 8.8.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Automatic Data Processing Inc.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Ceridian HCM Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
    • 14.3.3 Infor Inc. (Koch Industries Inc.)
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 International Business Machines Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Microsoft Corporation
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Oracle Corporation
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 PeopleFluent Inc. (Learning Technologies Group plc)
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Ramco Systems Limited
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
    • 14.3.9 SAP SE
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 SumTotal Systems LLC (Skillsoft Limited)
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 UKG Inc.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 SWOT Analysis
    • 14.3.12 Workday Inc.
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Human Capital Management Market: Major Drivers and Challenges
  • Figure 2: Global: Human Capital Management Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Human Capital Management Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Human Capital Management Market: Breakup by Component (in %), 2022
  • Figure 5: Global: Human Capital Management Market: Breakup by Deployment Type (in %), 2022
  • Figure 6: Global: Human Capital Management Market: Breakup by Industry Verticals (in %), 2022
  • Figure 7: Global: Human Capital Management Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Human Capital Management (Software) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 9: Global: Human Capital Management (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 10: Global: Human Capital Management (Service) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Human Capital Management (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Human Capital Management (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Human Capital Management (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Human Capital Management (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Human Capital Management (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Human Capital Management (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Human Capital Management (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Human Capital Management (Retail) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Human Capital Management (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Human Capital Management (IT and Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Human Capital Management (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Human Capital Management (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Human Capital Management (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Human Capital Management (Hospitality) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Human Capital Management (Hospitality) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Human Capital Management (Government) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Human Capital Management (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: Global: Human Capital Management (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: Global: Human Capital Management (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Global: Human Capital Management (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Global: Human Capital Management (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: North America: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: North America: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: United States: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: United States: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: Canada: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: Canada: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Asia-Pacific: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Asia-Pacific: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: China: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: China: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: Japan: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: Japan: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: India: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: India: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: South Korea: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: South Korea: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: Australia: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: Australia: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Indonesia: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Indonesia: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: Others: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: Others: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: Europe: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: Europe: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: Germany: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: Germany: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: France: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: France: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: United Kingdom: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: United Kingdom: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Italy: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Italy: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Spain: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Spain: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: Russia: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: Russia: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Others: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: Others: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Latin America: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Latin America: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Brazil: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Brazil: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Mexico: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Mexico: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 76: Others: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 77: Others: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 78: Middle East and Africa: Human Capital Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 79: Middle East and Africa: Human Capital Management Market: Breakup by Country (in %), 2022
  • Figure 80: Middle East and Africa: Human Capital Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Global: Human Capital Management Industry: SWOT Analysis
  • Figure 82: Global: Human Capital Management Industry: Value Chain Analysis
  • Figure 83: Global: Human Capital Management Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Human Capital Management Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Human Capital Management Market Forecast: Breakup by Component (in Million US$), 2023-2028
  • Table 3: Global: Human Capital Management Market Forecast: Breakup by Deployment Type (in Million US$), 2023-2028
  • Table 4: Global: Human Capital Management Market Forecast: Breakup by Industry Verticals (in Million US$), 2023-2028
  • Table 5: Global: Human Capital Management Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Human Capital Management Market: Competitive Structure
  • Table 7: Global: Human Capital Management Market: Key Players