Human Capital Management Solutions Market by Application, Component, and Geography - Forecast and Analysis 2023-2027

Published: Jan 2023 Pages: 164 SKU: IRTNTR40495

Human Capital Management (HCM) Solutions Market Report Summary: 2023-2027

The human capital management (HCM) solutions market is estimated to grow at a CAGR of 8.45% between 2022 and 2027. The size of the market is forecast to increase by USD 11,195.8 million. The growth of the market depends on several factors, including the demand for automated recruitment processes, increasing demand for unified solutions for all HR functions, and increasing workforce diversity. 

This report extensively covers market segmentation by application (core HR, talent, and workforce), component (solution and service), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Human Capital Management (HCM) Solutions Market During the Forecast Period?

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Human Capital Management (HCM) Solutions Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increasing demand for unified solutions for all HR functions is notably driving market growth, although factors such as increasing workforce diversity may impede market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Human Capital Management (HCM) Solutions Market Driver

The increasing demand for unified solutions for all HR functions is notably driving market growth. With the increased adoption of digital technologies, most companies prefer unified solutions for all HR functions. HCM solutions offer software solutions that help streamline the entire HR process of an organization. They automate payroll, recruitment, performance review, onboarding, training, time and attendance management, strategic planning, and operation control processes. 

HCM provides a single platform for all activities, thereby reducing the complexities of the HR process. It unifies and manages all HR functions without any glitches, as it works on a single platform. It also allows users to share information with software such as ERP, which helps in the easy management of the inventory. Furthermore, HCM solutions are even preferred by financial and banking companies, thereby making their business processes less complex. For instance, the banking, financial services, and insurance (BFSI) industry in India is using HCM solutions to decrease the complexities of HR functioning. Hence, these factors will drive the global HCM solutions market during the forecast period. 

Significant Human Capital Management (HCM) Solutions Market Trend

Increased demand from SMEs is an emerging trend in the market. For most SMEs, time, user adoption, and money are the major constraints. Hence, companies seek optimal HR solutions. With advances in technologies, HCM solutions of various price levels are available for SMEs. The adoption of HCM solutions and the use of advanced HR solutions help organizations increase their competitive edge. For instance, companies can hire better-quality candidates in shorter time periods than their competitors.

The major advantages of using HCM solutions for SMEs are global workforce management, staffing and hiring, payroll processing, training and education, performance management, employee self-service, and business intelligence. These benefits are expected to lift the demand for HCM solutions during the forecast period.

Major Human Capital Management (HCM) Challenge

Increasing workforce diversity is a major challenge impeding market growth. Owing to technological developments, the preference for digital technologies has increased. Hence, various open-source software solutions are posing stiff competition for HCM solutions. Multiple companies offer on-premise and cloud-based open-source software for HCM solutions. For instance, Sapplica offers an open-source HRMS software called Sentrifugo, which can be configured to meet organizational needs. The software offers various features, such as human resource management, performance appraisal, analytics, background checks, leave management, talent acquisition, expense management, and assets management. Thus, the availability of open-source HCM software will become one of the major challenges for the global HCM solutions market during the forecast period. 

Furthermore, some companies offer separate software for HR functions, such as recruitment and performance appraisal. This can become a source of severe threat to HCM solutions during the forecast period. As the cost of HCM solutions is high, several micro and small-scale enterprises prefer open-source products, which are freely available on the internet. Thus, factors like these will be a major challenge for the growth of the global market during the forecast period. 

Key Human Capital Management (HCM) Solutions Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Human Capital Management (HCM) Solutions Market Customer Landscape

Who are the Major Human Capital Management (HCM) Solutions Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Asure Software Inc. -  The company offers cloud-based human capital management software and services. The key offerings of the company include human capital management solutions. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Automatic Data Processing Inc.
  • Cegid SA
  • Ceridian HCM Holding Inc.
  • Cognizant Technology Solutions Corp.
  • EmployWise
  • Inplenion
  • Koch Industries Inc.
  • Kronos Inc.
  • OnePoint Human Capital Management
  • Oracle Corp.
  • PeopleStrategy Corp.
  • Ramco Systems Ltd.
  • Safeguard World International LLC
  • SAP SE
  • SolutionDot

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Human Capital Management (HCM) Solutions Market?

The market share growth by the core HR segment will be significant during the forecast period. Core HR functions include employee recruitment, employee training, payroll, scheduling, benefits administration, internal relations, and safety and compliance. 

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The core HR segment was valued at USD 10,553.77 million in 2017 and continued to grow until 2021.  Core HR applications under HCM include basic HR responsibilities. The adoption of digital technologies in organizations, coupled with the need for cost reduction and efficient workforce management, will increase the demand for HCM solutions for core HR applications during the forecast period. Oracle Corp. (Oracle), SAP SE (SAP), and Workday Inc. (Workday) offer various HR functional software solutions, which help in managing basic information about employees and process data for future reference. These systems increase the efficiency of organizations with effective workforce management solutions and real-time problem-solving abilities. Thus, with the growth in the use of HCM solutions, more companies are expected to use HCM solutions for core HR applications during the forecast period. 

Which are the Key Regions for the Human Capital Management (HCM) Solutions Market?

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North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America is expected to dominate the market with the major market share during the forecast period. Growth in job opportunities and an increase in the number of job seekers due to globalization, wider penetration of social media in recruitment processes, and increased need for cost optimization are the major factors that will drive the HCM solutions market in the region. 

According to The World Bank Group, the US economy has been continuously expanding since 2009, attributed to subsequent growth in sectors such as manufacturing, IT, and oil and gas. This growth has attracted further investments in fields, which also impacts the growth of digital technologies. Thus, the increasing competition in fields such as automotive and IT will compel vendors to adopt advanced HR technologies such as HCM, which will drive the market in North America during the forecast period.

The COVID-19 pandemic had a mixed impact on the growth of the HCM solutions market in 2020. Due to the pandemic, several governments in the region imposed lockdowns which lead companies across end-user industries to perform considerable trade activities online, driving the demand for HCM solutions to make strategic decisions. Furthermore, in 2021, several companies adopted the hybrid work model due to the lack of IT infrastructure in office premises and to follow social distancing norms, which somewhat increases the demand for HCM solutions. In addition, the rising prevalence of diseases and research and development in the healthcare sector led to more demand for healthcare services. Hence, to recruit and manage the workforce, healthcare providers are more likely to adopt workforce management solutions, including HCM solutions. Thus, the HCM solutions market in North America is expected to gain substantial growth during the forecast period. 

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Component Outlook (USD Million, 2017 - 2027)
    • Solution
    • Service
  • Application Outlook (USD Million, 2017 - 2027)
    • Core HR
    • Talent
    • Workforce
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Human Capital Management (HCM) Solutions Market Scope

Report Coverage

Details

Page number

164

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.45%

Market growth 2023-2027

USD 11,195.8 million

Market structure

Fragmented

YoY growth 2022-2023(%)

8.05

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 34%

Key countries

US, India, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Asure Software Inc., Automatic Data Processing Inc., Cegid SA, Ceridian HCM Holding Inc., Cognizant Technology Solutions Corp., EmployWise, Inplenion, Koch Industries Inc., Kronos Inc., OnePoint Human Capital Management, Oracle Corp., PeopleStrategy Corp., Ramco Systems Ltd., Safeguard World International LLC, SAP SE, SolutionDot, Talentia Software Group, The Goldman Sachs Group Inc., Workday Inc., and WorkForce Software LLC

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Human Capital Management (HCM) Solutions Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the human capital management (HCM) solutions market between 2023 and 2027
  • Precise estimation of the human capital management (HCM) solutions market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of human capital management (hcm) solutions market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global human capital management (HCM) solutions market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global human capital management (HCM) solutions market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Component Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Core HR - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Core HR - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Core HR - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Core HR - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Core HR - Year-over-year growth 2022-2027 (%)
    • 6.4 Talent - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Talent - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Talent - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Talent - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Talent - Year-over-year growth 2022-2027 (%)
    • 6.5 Workforce - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Workforce - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Workforce - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Workforce - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Workforce - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ million)

    7 Market Segmentation by Component

    • 7.1 Market segments
      • Exhibit 47: Chart on Component - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on Component - Market share 2022-2027 (%)
    • 7.2 Comparison by Component
      • Exhibit 49: Chart on Comparison by Component
      • Exhibit 50: Data Table on Comparison by Component
    • 7.3 Solution - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Solution - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Solution - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Solution - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Solution - Year-over-year growth 2022-2027 (%)
    • 7.4 Service - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Service - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Service - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Service - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Service - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Component
      • Exhibit 59: Market opportunity by Component ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 India - Market size and forecast 2022-2027
      • Exhibit 93: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.11 UK - Market size and forecast 2022-2027
      • Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Asure Software Inc.
              • Exhibit 112: Asure Software Inc. - Overview
              • Exhibit 113: Asure Software Inc. - Product / Service
              • Exhibit 114: Asure Software Inc. - Key offerings
            • 12.4 Automatic Data Processing Inc.
              • Exhibit 115: Automatic Data Processing Inc. - Overview
              • Exhibit 116: Automatic Data Processing Inc. - Business segments
              • Exhibit 117: Automatic Data Processing Inc. - Key news
              • Exhibit 118: Automatic Data Processing Inc. - Key offerings
              • Exhibit 119: Automatic Data Processing Inc. - Segment focus
            • 12.5 Cegid SA
              • Exhibit 120: Cegid SA - Overview
              • Exhibit 121: Cegid SA - Product / Service
              • Exhibit 122: Cegid SA - Key offerings
            • 12.6 Ceridian HCM Holding Inc.
              • Exhibit 123: Ceridian HCM Holding Inc. - Overview
              • Exhibit 124: Ceridian HCM Holding Inc. - Product / Service
              • Exhibit 125: Ceridian HCM Holding Inc. - Key news
              • Exhibit 126: Ceridian HCM Holding Inc. - Key offerings
            • 12.7 Cognizant Technology Solutions Corp.
              • Exhibit 127: Cognizant Technology Solutions Corp. - Overview
              • Exhibit 128: Cognizant Technology Solutions Corp. - Business segments
              • Exhibit 129: Cognizant Technology Solutions Corp. - Key news
              • Exhibit 130: Cognizant Technology Solutions Corp. - Key offerings
              • Exhibit 131: Cognizant Technology Solutions Corp. - Segment focus
            • 12.8 Inplenion
              • Exhibit 132: Inplenion - Overview
              • Exhibit 133: Inplenion - Product / Service
              • Exhibit 134: Inplenion - Key offerings
            • 12.9 Koch Industries Inc.
              • Exhibit 135: Koch Industries Inc. - Overview
              • Exhibit 136: Koch Industries Inc. - Product / Service
              • Exhibit 137: Koch Industries Inc. - Key news
              • Exhibit 138: Koch Industries Inc. - Key offerings
            • 12.10 Kronos Inc.
              • Exhibit 139: Kronos Inc. - Overview
              • Exhibit 140: Kronos Inc. - Product / Service
              • Exhibit 141: Kronos Inc. - Key offerings
            • 12.11 OnePoint Human Capital Management
              • Exhibit 142: OnePoint Human Capital Management - Overview
              • Exhibit 143: OnePoint Human Capital Management - Product / Service
              • Exhibit 144: OnePoint Human Capital Management - Key offerings
            • 12.12 Oracle Corp.
              • Exhibit 145: Oracle Corp. - Overview
              • Exhibit 146: Oracle Corp. - Business segments
              • Exhibit 147: Oracle Corp. - Key news
              • Exhibit 148: Oracle Corp. - Key offerings
              • Exhibit 149: Oracle Corp. - Segment focus
            • 12.13 Ramco Systems Ltd.
              • Exhibit 150: Ramco Systems Ltd. - Overview
              • Exhibit 151: Ramco Systems Ltd. - Business segments
              • Exhibit 152: Ramco Systems Ltd. - Key offerings
              • Exhibit 153: Ramco Systems Ltd. - Segment focus
            • 12.14 Safeguard World International LLC
              • Exhibit 154: Safeguard World International LLC - Overview
              • Exhibit 155: Safeguard World International LLC - Product / Service
              • Exhibit 156: Safeguard World International LLC - Key offerings
            • 12.15 SAP SE
              • Exhibit 157: SAP SE - Overview
              • Exhibit 158: SAP SE - Business segments
              • Exhibit 159: SAP SE - Key news
              • Exhibit 160: SAP SE - Key offerings
              • Exhibit 161: SAP SE - Segment focus
            • 12.16 Talentia Software Group
              • Exhibit 162: Talentia Software Group - Overview
              • Exhibit 163: Talentia Software Group - Product / Service
              • Exhibit 164: Talentia Software Group - Key offerings
            • 12.17 Workday Inc.
              • Exhibit 165: Workday Inc. - Overview
              • Exhibit 166: Workday Inc. - Product / Service
              • Exhibit 167: Workday Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 168: Inclusions checklist
                • Exhibit 169: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 170: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 171: Research methodology
                • Exhibit 172: Validation techniques employed for market sizing
                • Exhibit 173: Information sources
              • 13.5 List of abbreviations
                • Exhibit 174: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              human capital management (hcm) solutions market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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