HCM Software Market Size, Share, and Trends Analysis Report
CAGR :
| Market Size 2024 (Base Year) | USD 27.59 Billion |
| Market Size 2032 (Forecast Year) | USD 53.7 Billion |
| CAGR | 8.68% |
| Forecast Period | 2025 - 2032 |
| Historical Period | 2020 - 2024 |
HCM Software Market Key Industry Analysis
The report covers a detailed analysis and forecast for the global hcm software market on a global and regional level from 2021 to 2028. The study offers historical data from 2016 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million). The study comprises a comprehensive view of the market with a review of market drivers, restraints, and opportunities. It also provides the level of impact of drivers and restraints on the hcm software market between 2021 and 2028.
These assessments help users of the report to analyze the hcm software market on the basis of different metrics that includes brand loyalty, switching costs, capital investments, economies of scale, regulatory legislation, current sales networks, production rights and patents, customer preferences, and promotional effects. This categorized data is expected to aid industry stakeholders in decision-making.The study also suggests company penetration plans for new entrants. Furthermore, the hcm software industry study report has listed the main manufacturers and distributors operating in all the major regions. We anticipate that this analysis and data will assist industry players to strengthen their networks of market penetration and expand their geographical breadth as a result of their efforts.
Market Research Store (MRS) published a latest report titled “HCM Software Market research report which is segmented by Products (On Premise HCM Software, Cloud-based HCM Software), by Applications (Small Business, Small and Midsize Business, Large Enterprise), by Key Players/Companies (Cornerstone OnDemand, WebHR, Zoho Corporation, IBM, PeopleFluent, CakeHR, Oracle, Ultimate Software Group, Benefitfocus Inc., BambooHR, The Sage Group plc, Kronos Incorporated, ADP, Workday, Ultimate Software Group Inc., Epicor Software Corporation, Infor, SAP)”. In 2020, the global hcm software market demand was registered at XX (USD Million) and is predicted to reach XX (USD Million) at a CAGR of XX% by 2028.
Report Scope:
| Report Attributes | Report Details |
|---|---|
| Report Title | HCM Software Market Research Report |
| By Products | On Premise HCM Software, Cloud-based HCM Software |
| By Applications | Small Business, Small and Midsize Business, Large Enterprise |
| By Key Players | Cornerstone OnDemand, WebHR, Zoho Corporation, IBM, PeopleFluent, CakeHR, Oracle, Ultimate Software Group, Benefitfocus Inc., BambooHR, The Sage Group plc, Kronos Incorporated, ADP, Workday, Ultimate Software Group Inc., Epicor Software Corporation, Infor, SAP |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 123 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
The study includes a detailed competitive scenario and product portfolio of key vendors. The report evaluates Porter’s Five Forces model to analyze the different factors affecting the growth of the hcm software market. Furthermore, the study encompasses a market attractiveness analysis, which provides the most attractive and least attractive market segments information by products, applications, and region. Additionally, the report also covers the exhaustive regulatory landscape, technology landscape, value chain analysis and PEST analysis.
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HCM Software Market COVID-19 Impact Analysis
The epidemic of COVID-19 has caused significant economic and social upheaval. The pandemic has had an influence on the supply chain and value chain of numerous businesses. The hcm software market is not an exception. The impact of the COVID-19 pandemic will be analyzed on the basis of the overall industry including both the demand side and supply side perspectives. The effects of the pandemic would be studied and analyzed for short-term and long-term scenarios. This would assist to formulate business strategies for the period during the pandemic as well as the post-pandemic period for all stakeholders involved in the industry including suppliers, manufacturers, vendors, distributors, and end-users.
HCM Software Market Key Segment Analysis
The report study delivers a critical assessment on the hcm software by segmenting the total addressable market based on products, applications, and region. All the segments & categories of the hcm software market are evaluated on the basis of past and future trends. The data for the market and its segments & categories are provided from 2016 to 2028. The report has identified the important segments & categories offering the most to the total addressable market growth in terms of revenue as well as the factors advancing their development.
The report includes a detailed segment analysis of the hcm software market based on products, applications, and region. On the basis of Products, the market can be classified into On Premise HCM Software, Cloud-based HCM Software. Based on the Applications, the market can be segmented into the Small Business, Small and Midsize Business, Large Enterprise.
Key Market Players & Competitive Landscape of HCM Software Market
The report provides exhaustive information on all the key players in the industry based on company overview, company market share, recent developments, business strategies, and financial performance among others. The report will also provide an extensive product portfolio for each company along with detailed descriptions/features. This report also contains useful recommendations for both established and new players around the world.
Some of the key players in the hcm software market include:
- Cornerstone OnDemand
- WebHR
- Zoho Corporation
- IBM
- PeopleFluent
- CakeHR
- Oracle
- Ultimate Software Group
- Benefitfocus Inc.
- BambooHR
- The Sage Group plc
- Kronos Incorporated
- ADP
- Workday
- Ultimate Software Group Inc.
- Epicor Software Corporation
- Infor
- SAP
Due to the existence of multiple significant competitors, the industry is very competitive. Several inorganic growth techniques, such as acquisitions, mergers, and regional expansion are being pursued by the majority of manufacturers in order to increase their market share and obtain a competitive edge.
Key Benefits of the Report:
- COVID-19 Impact Analysis (A completely separate Chapter)
- Market size in terms of revenue from 2016 to 2028
- Market size for each segment from 2016 to 2028, by Region
- Market Attractiveness Analysis for all the segments
- Market Drivers, Restraints, and Opportunities
- Regional Market Trends
- Value Chain Analysis
- Regulatory Landscape
- Technology Landscape
- PEST Analysis
- Porter’s Five Forces Analysis
- Competitive Landscape and Company Market Shares
HCM Software Market Regional Analysis
The report provides market size for all the segments and their categories for regions that include North America, Europe, Asia Pacific (APAC), Latin America and the Middle East & Africa (MEA). These regions are further bifurcated into major countries including the U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others. The report has analyzed both developed & developing regions considered for research of the hcm software market. To assist firms in developing effective development strategies, the regional analysis section provides a complete overview of the industry from a number of countries and regions.
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Significant aspects of the HCM Software Market Report:
- Drivers, Restraints, Opportunities and Recent Trends of the hcm software market
- Structure of the market and projections for the next few years
- Market situation for each segment and region
- By Products
- On Premise HCM Software
- Cloud-based HCM Software
- By Applications
- Small Business
- Small and Midsize Business
- Large Enterprise
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East & Africa
- An evaluation of upstream raw materials, downstream demand, and existing market dynamics is carried out
- Company Market Shares, Competitive Landscape, SWOT Analysis, and Product Specification
The findings would be further affirmed and expanded upon through primary research conducted with industry professionals and decision-makers from around the world. A wide range of data validation and market estimation approaches were used to further assemble and validate the results gathered during the research. We also have our data forecasting algorithm that projects market growth over the year 2028. We performed both primary and secondary research to gain a clear overview of the hcm software market. This helped us understand existing market dynamics like supply-demand imbalance, pricing trends, product preferences, consumer behavior, and other factors.
The following are the justifications for purchasing the HCM Software Market report:
- Learn how to gather and analyze strategically essential competitor data and resources to develop effective R&D strategies.
- Consider the target demography when classifying possible new clients or partners.
- Identify the strategic priorities of top firms to establish tactical efforts.
- Selecting Leading Manufacturers might help you determine mergers and acquisitions more effectively.
- The study provides an in-depth analysis of market segments, sub-segments, and the regional prognosis for the market in consideration.
- The report provides an in-depth overview of the supplier analysis, competitive landscape, and major industry strategies that will help businesses obtain a competitive advantage in the industry.
Frequently Asked Questions
- Cornerstone OnDemand
- WebHR
- Zoho Corporation
- IBM
- PeopleFluent
- CakeHR
- Oracle
- Ultimate Software Group
- Benefitfocus Inc.
- BambooHR
- The Sage Group plc
- Kronos Incorporated
- ADP
- Workday
- Ultimate Software Group Inc.
- Epicor Software Corporation
- Infor
- SAP
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global HCM Software Market Share by Type (2020-2026) 1.5.2 On Premise HCM Software 1.5.3 Cloud-based HCM Software 1.6 Market by Application 1.6.1 Global HCM Software Market Share by Application (2020-2026) 1.6.2 Small Business 1.6.3 Small and Midsize Business 1.6.4 Large Enterprise 1.7 HCM Software Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on HCM Software Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of HCM Software Market 3.1 Value Chain Status 3.2 HCM Software Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of HCM Software 3.2.3 Labor Cost of HCM Software 3.2.3.1 Labor Cost of HCM Software Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Cornerstone OnDemand 4.1.1 Cornerstone OnDemand Basic Information 4.1.2 HCM Software Product Profiles, Application and Specification 4.1.3 Cornerstone OnDemand HCM Software Market Performance (2015-2020) 4.1.4 Cornerstone OnDemand Business Overview 4.2 WebHR 4.2.1 WebHR Basic Information 4.2.2 HCM Software Product Profiles, Application and Specification 4.2.3 WebHR HCM Software Market Performance (2015-2020) 4.2.4 WebHR Business Overview 4.3 Zoho Corporation 4.3.1 Zoho Corporation Basic Information 4.3.2 HCM Software Product Profiles, Application and Specification 4.3.3 Zoho Corporation HCM Software Market Performance (2015-2020) 4.3.4 Zoho Corporation Business Overview 4.4 IBM 4.4.1 IBM Basic Information 4.4.2 HCM Software Product Profiles, Application and Specification 4.4.3 IBM HCM Software Market Performance (2015-2020) 4.4.4 IBM Business Overview 4.5 PeopleFluent 4.5.1 PeopleFluent Basic Information 4.5.2 HCM Software Product Profiles, Application and Specification 4.5.3 PeopleFluent HCM Software Market Performance (2015-2020) 4.5.4 PeopleFluent Business Overview 4.6 CakeHR 4.6.1 CakeHR Basic Information 4.6.2 HCM Software Product Profiles, Application and Specification 4.6.3 CakeHR HCM Software Market Performance (2015-2020) 4.6.4 CakeHR Business Overview 4.7 Oracle 4.7.1 Oracle Basic Information 4.7.2 HCM Software Product Profiles, Application and Specification 4.7.3 Oracle HCM Software Market Performance (2015-2020) 4.7.4 Oracle Business Overview 4.8 Ultimate Software Group 4.8.1 Ultimate Software Group Basic Information 4.8.2 HCM Software Product Profiles, Application and Specification 4.8.3 Ultimate Software Group HCM Software Market Performance (2015-2020) 4.8.4 Ultimate Software Group Business Overview 4.9 Benefitfocus Inc. 4.9.1 Benefitfocus Inc. Basic Information 4.9.2 HCM Software Product Profiles, Application and Specification 4.9.3 Benefitfocus Inc. HCM Software Market Performance (2015-2020) 4.9.4 Benefitfocus Inc. Business Overview 4.10 BambooHR 4.10.1 BambooHR Basic Information 4.10.2 HCM Software Product Profiles, Application and Specification 4.10.3 BambooHR HCM Software Market Performance (2015-2020) 4.10.4 BambooHR Business Overview 4.11 The Sage Group plc 4.11.1 The Sage Group plc Basic Information 4.11.2 HCM Software Product Profiles, Application and Specification 4.11.3 The Sage Group plc HCM Software Market Performance (2015-2020) 4.11.4 The Sage Group plc Business Overview 4.12 Kronos Incorporated 4.12.1 Kronos Incorporated Basic Information 4.12.2 HCM Software Product Profiles, Application and Specification 4.12.3 Kronos Incorporated HCM Software Market Performance (2015-2020) 4.12.4 Kronos Incorporated Business Overview 4.13 ADP 4.13.1 ADP Basic Information 4.13.2 HCM Software Product Profiles, Application and Specification 4.13.3 ADP HCM Software Market Performance (2015-2020) 4.13.4 ADP Business Overview 4.14 Workday 4.14.1 Workday Basic Information 4.14.2 HCM Software Product Profiles, Application and Specification 4.14.3 Workday HCM Software Market Performance (2015-2020) 4.14.4 Workday Business Overview 4.15 Ultimate Software Group Inc. 4.15.1 Ultimate Software Group Inc. Basic Information 4.15.2 HCM Software Product Profiles, Application and Specification 4.15.3 Ultimate Software Group Inc. HCM Software Market Performance (2015-2020) 4.15.4 Ultimate Software Group Inc. Business Overview 4.16 Epicor Software Corporation 4.16.1 Epicor Software Corporation Basic Information 4.16.2 HCM Software Product Profiles, Application and Specification 4.16.3 Epicor Software Corporation HCM Software Market Performance (2015-2020) 4.16.4 Epicor Software Corporation Business Overview 4.17 Infor 4.17.1 Infor Basic Information 4.17.2 HCM Software Product Profiles, Application and Specification 4.17.3 Infor HCM Software Market Performance (2015-2020) 4.17.4 Infor Business Overview 4.18 SAP 4.18.1 SAP Basic Information 4.18.2 HCM Software Product Profiles, Application and Specification 4.18.3 SAP HCM Software Market Performance (2015-2020) 4.18.4 SAP Business Overview 5 Global HCM Software Market Analysis by Regions 5.1 Global HCM Software Sales, Revenue and Market Share by Regions 5.1.1 Global HCM Software Sales by Regions (2015-2020) 5.1.2 Global HCM Software Revenue by Regions (2015-2020) 5.2 North America HCM Software Sales and Growth Rate (2015-2020) 5.3 Europe HCM Software Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific HCM Software Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa HCM Software Sales and Growth Rate (2015-2020) 5.6 South America HCM Software Sales and Growth Rate (2015-2020) 6 North America HCM Software Market Analysis by Countries 6.1 North America HCM Software Sales, Revenue and Market Share by Countries 6.1.1 North America HCM Software Sales by Countries (2015-2020) 6.1.2 North America HCM Software Revenue by Countries (2015-2020) 6.1.3 North America HCM Software Market Under COVID-19 6.2 United States HCM Software Sales and Growth Rate (2015-2020) 6.2.1 United States HCM Software Market Under COVID-19 6.3 Canada HCM Software Sales and Growth Rate (2015-2020) 6.4 Mexico HCM Software Sales and Growth Rate (2015-2020) 7 Europe HCM Software Market Analysis by Countries 7.1 Europe HCM Software Sales, Revenue and Market Share by Countries 7.1.1 Europe HCM Software Sales by Countries (2015-2020) 7.1.2 Europe HCM Software Revenue by Countries (2015-2020) 7.1.3 Europe HCM Software Market Under COVID-19 7.2 Germany HCM Software Sales and Growth Rate (2015-2020) 7.2.1 Germany HCM Software Market Under COVID-19 7.3 UK HCM Software Sales and Growth Rate (2015-2020) 7.3.1 UK HCM Software Market Under COVID-19 7.4 France HCM Software Sales and Growth Rate (2015-2020) 7.4.1 France HCM Software Market Under COVID-19 7.5 Italy HCM Software Sales and Growth Rate (2015-2020) 7.5.1 Italy HCM Software Market Under COVID-19 7.6 Spain HCM Software Sales and Growth Rate (2015-2020) 7.6.1 Spain HCM Software Market Under COVID-19 7.7 Russia HCM Software Sales and Growth Rate (2015-2020) 7.7.1 Russia HCM Software Market Under COVID-19 8 Asia-Pacific HCM Software Market Analysis by Countries 8.1 Asia-Pacific HCM Software Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific HCM Software Sales by Countries (2015-2020) 8.1.2 Asia-Pacific HCM Software Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific HCM Software Market Under COVID-19 8.2 China HCM Software Sales and Growth Rate (2015-2020) 8.2.1 China HCM Software Market Under COVID-19 8.3 Japan HCM Software Sales and Growth Rate (2015-2020) 8.3.1 Japan HCM Software Market Under COVID-19 8.4 South Korea HCM Software Sales and Growth Rate (2015-2020) 8.4.1 South Korea HCM Software Market Under COVID-19 8.5 Australia HCM Software Sales and Growth Rate (2015-2020) 8.6 India HCM Software Sales and Growth Rate (2015-2020) 8.6.1 India HCM Software Market Under COVID-19 8.7 Southeast Asia HCM Software Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia HCM Software Market Under COVID-19 9 Middle East and Africa HCM Software Market Analysis by Countries 9.1 Middle East and Africa HCM Software Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa HCM Software Sales by Countries (2015-2020) 9.1.2 Middle East and Africa HCM Software Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa HCM Software Market Under COVID-19 9.2 Saudi Arabia HCM Software Sales and Growth Rate (2015-2020) 9.3 UAE HCM Software Sales and Growth Rate (2015-2020) 9.4 Egypt HCM Software Sales and Growth Rate (2015-2020) 9.5 Nigeria HCM Software Sales and Growth Rate (2015-2020) 9.6 South Africa HCM Software Sales and Growth Rate (2015-2020) 10 South America HCM Software Market Analysis by Countries 10.1 South America HCM Software Sales, Revenue and Market Share by Countries 10.1.1 South America HCM Software Sales by Countries (2015-2020) 10.1.2 South America HCM Software Revenue by Countries (2015-2020) 10.1.3 South America HCM Software Market Under COVID-19 10.2 Brazil HCM Software Sales and Growth Rate (2015-2020) 10.2.1 Brazil HCM Software Market Under COVID-19 10.3 Argentina HCM Software Sales and Growth Rate (2015-2020) 10.4 Columbia HCM Software Sales and Growth Rate (2015-2020) 10.5 Chile HCM Software Sales and Growth Rate (2015-2020) 11 Global HCM Software Market Segment by Types 11.1 Global HCM Software Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global HCM Software Sales and Market Share by Types (2015-2020) 11.1.2 Global HCM Software Revenue and Market Share by Types (2015-2020) 11.2 On Premise HCM Software Sales and Price (2015-2020) 11.3 Cloud-based HCM Software Sales and Price (2015-2020) 12 Global HCM Software Market Segment by Applications 12.1 Global HCM Software Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global HCM Software Sales and Market Share by Applications (2015-2020) 12.1.2 Global HCM Software Revenue and Market Share by Applications (2015-2020) 12.2 Small Business Sales, Revenue and Growth Rate (2015-2020) 12.3 Small and Midsize Business Sales, Revenue and Growth Rate (2015-2020) 12.4 Large Enterprise Sales, Revenue and Growth Rate (2015-2020) 13 HCM Software Market Forecast by Regions (2020-2026) 13.1 Global HCM Software Sales, Revenue and Growth Rate (2020-2026) 13.2 HCM Software Market Forecast by Regions (2020-2026) 13.2.1 North America HCM Software Market Forecast (2020-2026) 13.2.2 Europe HCM Software Market Forecast (2020-2026) 13.2.3 Asia-Pacific HCM Software Market Forecast (2020-2026) 13.2.4 Middle East and Africa HCM Software Market Forecast (2020-2026) 13.2.5 South America HCM Software Market Forecast (2020-2026) 13.3 HCM Software Market Forecast by Types (2020-2026) 13.4 HCM Software Market Forecast by Applications (2020-2026) 13.5 HCM Software Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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