{"id":488840,"date":"2020-06-08T10:00:01","date_gmt":"2020-06-08T10:00:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=488840"},"modified":"2020-06-08T10:00:01","modified_gmt":"2020-06-08T10:00:01","slug":"human-capital-management-market-growing-at-a-cagr-97-key-player-workday-oracle-adp-sap-microsoft","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/human-capital-management-market-growing-at-a-cagr-97-key-player-workday-oracle-adp-sap-microsoft_488840.html","title":{"rendered":"Human Capital Management Market Growing at a CAGR 9.7% | Key Player Workday, Oracle, ADP, SAP, Microsoft"},"content":{"rendered":"
\"Human<\/a><\/p>\n
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Workday (US), Oracle (US), ADP (US), SAP (UK), Microsoft (US), IBM (US), Ultimate Software (US), Ceridian (US), SumTotal (US), Kronos (US), Infor (US), Cornerstone (US), Meta4 (US), Ramco Systems (India), Bamboo HR (US), Namely (US), and Workforce Software (US)<\/div>\n<\/div>\n<\/div>\n
Human Capital Management Market by Software (Core HR, Applicant Tracking System, HR Analytics, Workforce Management), Service, Deployment Type (cloud and on-premises), Organization Size, and Region – Global Forecast to 2024\n<\/div>\n

The global Human Capital Management (HCM) Market<\/strong><\/a> size is expected to grow from USD 16.7 billion in 2019 to USD 26.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period. Integration of emerging technologies, such as Artificial Intelligence (AI), and Machine Learning (ML), with HCM solutions has emerged as one of the strongest factors for HCM solution and services adoption across regions.<\/p>\n

Large enterprises segment to hold a larger market size during the forecast period<\/strong><\/p>\n

The adoption of HCM is high among large enterprises as these enterprises have to manage huge volumes of personnel information for employees located across geographies and need a centralized system to manage this information.<\/p>\n

Download PDF Brochure: https:\/\/www.marketsandmarkets.com\/pdfdownloadNew.asp?id=193746782<\/a><\/strong><\/p>\n

Consumer goods and retail segment to grow at the highest CAGR during the forecast period<\/strong><\/p>\n

Consumer goods and retail segment is expected to have the highest adoption of HCM solutions where this vertical is expected to outperform other verticals in terms of growth. The vertical has mainly adopted HCM solutions to have a centralized system to manage the information of all employees irrespective of store location.<\/p>\n

The HCM market comprises major solution providers, such as Workday (US), Oracle (US), ADP (US), SAP (UK), Microsoft (US), IBM (US), Ultimate Software (US), Ceridian (US), SumTotal (US), Kronos (US),Infor (US), Cornerstone (US), Meta4 (US), Ramco Systems (India), Bamboo HR (US), Namely (US), and Workforce Software (US). The study includes an in-depth competitive analysis of key players in the HCM market with their company profiles, recent developments, and key market strategies.<\/p>\n

The players in this market have embraced different strategies to expand their global presence and increase their market shares. New product launches and enhancements; and partnerships, acquisitions, and collaborations, have been the most dominating strategies adopted by the major players from 2018 to 2019, which helped them strengthen their offerings and broaden their customer base.<\/p>\n

Oracle (US) has a strong foothold in the HCM market with its robust offerings. The company adopted various organic growth strategies and continues to enhance its expertise in the market. For instance, in October 2018, Oracle introduced AI capabilities in HCM, which enables the HR trained bot to answer common HR questions quickly and easily.<\/p>\n

Speak to Our Expert Analyst: https:\/\/www.marketsandmarkets.com\/speaktoanalystNew.asp?id=193746782<\/a><\/strong><\/p>\n

Ultimate Software (US) is among the leaders in the HCM market with a prominent geographic presence. The company has alliances with many leading companies and has adopted various organic growth strategies to maintain a strong foothold in the industry. For instance, in July 2019, Ultimate Software launched the Employee File Management, which would help HR professionals to easily share documents with third parties irrespective of their location.<\/p>\n

 <\/p>\n

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<\/object>\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Workday (US), Oracle (US), ADP (US), SAP (UK), Microsoft (US), IBM (US), Ultimate Software (US), Ceridian (US), SumTotal (US), Kronos (US), Infor (US), Cornerstone (US), Meta4 (US), Ramco Systems (India), Bamboo HR (US), Namely (US), and Workforce Software (US) Human … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,412,411,414,416],"tags":[],"class_list":["post-488840","post","type-post","status-publish","format-standard","hentry","category-Business","category-News-Current-Affairs","category-Technology","category-Telecom","category-World"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/488840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=488840"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/488840\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=488840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=488840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=488840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}