Press release
Human Capital Management Market Key Drivers, Size, Trends, Insights, Outlook, Overview 2024-2033
Human Capital Management Market
The Business Research Company offers in-depth market insights through Human Capital Management Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The human capital management market size has grown rapidly in recent years. It will grow from $21.81 billion in 2023 to $24.01 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The growth in the historic period can be attributed to advent of cloud-based hr management software, significant growth in the e-commerce sector and rapid globalization.
The human capital management market size is expected to see rapid growth in the next few years. It will grow to $35.39 billion in 2028 at a compound annual growth rate (CAGR) of 10.2%. The growth in the forecast period can be attributed to the increase in adoption of cloud-based approaches, rising urbanization and increasing investments. Major trends in the forecast period include ai-featured talent acquisition, technology advancements, product innovations, video recruiting, learning experience platforms (leps) and employee productivity-enhancing platforms.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=6861&type=smp
Market Segmentation:
The human capital management market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment Model: On-Premises, Cloud
3) By Organization Site: Small And Medium-sized Enterprises, Large Enterprises
4) By Vertical: Banking, Financial Services, And Insurance, Government, Manufacturing, Telecom And IT, Consumer Goods And Retail, Healthcare And Life Sciences, Energy And Utilities, Transportation And Logistics, Other Verticals
Major Driver - Robotic Process Automation (RPA) Integration Fuels Growth In Human Capital Management Market
The integration of robotic process automation (RPA) is expected to propel the growth of the human capital management market going forward. Robotic process automation refers to automation that uses software robots to automate various repetitive tasks. RPA has several advantages, including time efficiency, increased focus on personnel development, retention, and policy implementation. RPA helps human capital management in the process of automating repetitive tasks such as compensation management, payroll management, onboarding of new people, and compliance reporting. For instance, according to Computer Economics, a US-based IT research firm, in 2021, 20% of organizations will have adopted robotic process automation, an increase of 13% from 2020. Therefore, the integration of robotic process automation is driving the growth of the human capital management market.
Competitive Landscape:
Major companies operating in the human capital management market report are Automatic Data Processing (ADP) Inc, Oracle Corporation, SAP SE, Paycom Software Inc, Ceridian HCM Holding Inc, Microsoft Corporation, Ultimate Kronos Group, Workday Inc, IBM Corporation, Paylocity Corporation, CareerNet, Global InnovSource, IKYA Human Capital, Kelly Services, China International Intellectech Co., Ltd., Huisi Group, Horizons, Scaleup Consulting, Sapience Pro, HROne, Anhui Tiancheng Technology Co., Ltd, Arcoro GmbH, Platri IT GmbH, Gini Talent, INKUBIT Business Solutions GmbH, DevsData Tech Talent LLC, The Stakeholder Management Group, Prabisha Consulting, Ingold Solutions GmbH, Leinonen Group, ManpowerGroup, Brainpower, Unistaff Payroll Company, Unity Business Solutions, ABU Accounting Services, UCMS Group, Rufil Russia Consulting, Coleman Services, Paychex, Inc, People Hum, Volaris Group, Black Mountain HR, Talentor, Grant Thornton's, Infor, RSM, Maof Group, Capterra, Houlihan Lokey, Finesse, Ramco Systems, Azdan, Apploye, Nexus Busines Solution, Sage, Syspro, Monday.com, QuickBooks
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/human-capital-management-global-market-report
Top Trend - Technological Advancement Takes Center Stage In Human Capital Management Market Trends
Technological advancement has emerged as a new trend gaining popularity in the human capital management market. Major companies operating in the human capital management sector are focused on developing new technologies and automated solutions for simplifying work. For instance, in June 2021, Ramco Systems, an India-based software company, launched Self Explaining Payslip, a smart and AI-based service that helps employees seek explanations for their pay slip components, payroll queries, and compensation.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Human Capital Management Market Characteristics
3. Human Capital Management Market Trends And Strategies
4. Human Capital Management Market - Macro Economic Scenario
5. Human Capital Management Market Size And Growth
…..
27. Human Capital Management Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Human Capital Management Market Key Drivers, Size, Trends, Insights, Outlook, Overview 2024-2033 here
News-ID: 3426757 • Views: …
More Releases from The Business research company
Veterinary Medical Equipment Market to Hit $3.45B by 2028 with a 7.2% CAGR Growt …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Veterinary Medical Equipment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $3.45 billion In 2028…
Telecom Market Set to Expand to $3898.79B by 2028 with 5.8% CAGR Growth, Driven …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Telecom Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $3898.79 billion In 2028 At A…
Solar PV Manufacturing Market to Reach $376.68B by 2028, Fueled by EV Demand and …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Solar Photovoltaic Panel Manufacturing Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $376.68 billion In…
Secondary Batteries Market Soars to $144.77B by 2028 with 10% CAGR Growth Amid R …
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.
Secondary Batteries Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $144.77 billion In 2028 At…
More Releases for Hum
Weight Loss Drinks Market Growth During 2022-2028 | Herbal Clean, HUM,LadyBoss, …
Certain beverages such as green tea, coffee, and ginger tea can help boost metabolism, minimize hunger, and increase satiety, all of which can facilitate weight loss. Plus, these drinks contain beneficial nutrients like antioxidants and other powerful compounds that can benefit your health.
The Weight Loss Drinks marlet research report 2022 describes the latest concepts of the market. The vital information featured in this report makes the research document a handy…
Beauty Supplements Industry with Attractiveness, Competitive Landscape & Forecas …
The global Beauty Supplements market was valued at 2048.69 Million USD in 2020 and will grow with a CAGR of 2.68% from 2021 to 2027. During the forecast period, the global beauty supplements market is expected to increase. The impact of people with their peers, television, publications, celebrity livers, and increased disposable incomes is projected to boost this growth. The worldwide revenue of all Western Europe regions followed by North…
Beauty Supplements Market Next Big Thing | Major Giants HUM Nutrition, Murad, Be …
A new business intelligence report released by HTF MI with title "Global Beauty Supplements Market Report 2021" is designed covering micro level of analysis by manufacturers and key business segments. The Global Beauty Supplements Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some…
Hum Fauji Initiatives announces the opening of their new office in Gurgaon
Gurgaon, Aug 10, 2019 — Hum Fauji Initiatives, the financial entity that addresses all the financial planning and investment needs of the armed forces officers, announces the opening of its new branch in Gurgaon which will strengthen the company’s relationship with its existing customer base as well as the armed forces officers based in Gurgaon-Faridabad region.
“We are happy to announce that we have a fully operational branch office of…
Weight Loss Pills Market Share and Growth 2019| GNC, HUM, Amway, Abott Laborator …
Los Angeles, United State, Mar 6, 2019- The report presented here is a comprehensive research study that explores key aspects of the global Weight Loss Pills market, including market dynamics, segmentation, competition, and regional growth. Each section of the report reveals critical information about the global Weight Loss Pills market that could be used to ensure strong growth in the coming years. All of the segments included in the report…
Weight Loss Pills Market Growth (2019- 2025)| GNC, HUM, Amway, Abott Laboratorie …
The global Weight Loss Pills market report offers a complete research study that includes accurate estimations of market growth rate and size for the forecast period 2019-2025. It offers a broad analysis of market competition, regional expansion, and market segmentation by type, application, and geography supported by exact market figures. The all-inclusive market research report also offers Porter’s Five Forces Analysis and profiles some of the leading players of the…
