Europe human capital management (HCM) market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 12.3% in the forecast period of 2021 to 2028 and expected to reach USD 17,053.28 million by 2028.
The Europe human capital management (HCM) market report has been prepared to bring about comprehensive analysis of the market structure along with forecast of the different segments and sub-segments of the market. The report puts light on the entire market trends and analyses the effect of buyers, consumers, substitutes, new entrants, competitors, and suppliers on the market. The key factors discussed in the report, will surely aid the buyer in studying the Europe human capital management (HCM) market on competitive landscape analysis of prime manufacturers, trends, opportunities, marketing strategies analysis, market effect factor analysis and consumer needs by major regions, types, applications in Europe human capital management (HCM) market considering the past, present and future state of the industry.
The Europe human capital management (HCM) market business report seems to be greatly valuable to find out the general market conditions and tendencies. It also guesstimates the eventual market for a new product to be launched in the market. A panel of skilled analysts, well-versed statisticians, knowledgeable research experts, enthusiastic forecasters, and smart economists work carefully to generate such a great market research report for the businesses. This team is determined on understanding client’s business and their needs so that the finest market research report is delivered for a potential growth and success. Europe human capital management (HCM) market research report also serves the businesses to make enhanced decisions, deal with marketing of goods or services, and accomplish better profitability by prioritizing market goals.
Europe Human Capital Management (HCM) Market Scope and Market Size
Europe human capital management (HCM) market is segmented on the basis of offering, deployment model, organization size and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of offering, the Europe human capital management (HCM) market is segmented into software and services. In 2021, software segment is expected to dominate the human capital management (HCM) market as human capital management software reaps significant gains in talent retention while freeing up HR staff for value-added projects and minimizing audit findings.
· On the basis of deployment model, the Europe human capital management (HCM) market is segmented into cloud and on premises. In 2021, on premises segment is expected to dominate the human capital management (HCM) market as on premises applications are reliable, secure and allow enterprises to maintain a level of control that the cloud often cannot.
· On the basis of organization size, the Europe human capital management (HCM) market is segmented into large enterprises and small and medium-sized enterprises (SMEs). In 2021, large enterprises segment is expected to dominate the human capital management (HCM) market as large organizations have larger data of employees that is needed to be maintained and recorded with minimum error.
· On the basis of end user, the Europe human capital management (HCM) market is segmented into banking, financial services and insurance (BFSI), government, IT and telecommunication, manufacturing, transportation and logistics, energy and utilities, retail and consumer goods, healthcare, education, hospitality and others. In 2021, IT and telecommunication is expected to dominate the human capital management (HCM) market as the segment is being integrated with more advanced and digital technologies that incorporate more HR software to automate the processes.
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Some of the key questions answered in this report:
· How has the Europe Human Capital Management (HCM) Market performed so far and how will it perform in the coming years?
· What has been the impact of COVID-19 on the Europe Human Capital Management (HCM) Market?
· What are the key regional markets?
· What is the breakup of the market based on the procedure?
· What is the breakup of the market based on the injury location?
· What is the breakup of the market based on the end user?
· What are the various stages in the value chain of the industry?
· What are the key driving factors and challenges in the industry?
· What is the structure of the Europe Human Capital Management (HCM) Market and who are the key players?
· What is the degree of competition in the industry?
Market Analysis and Insights: Europe Human Capital Management (HCM) Market
· Human capital management refers to practices referring to human resource management. Human capital management helps identify the organization their specific needs concerning the human capital competencies. HCM is an important factor for the success of people driven organizations. The HCM is categorized as workforce acquisition, workforce management and workforce optimization. The efficient human capital management solution helps an organization to improve employee performance, increase retention and achieve better results.
· This Human capital management (HCM) market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal
· The major factors driving the growth of the human capital management (HCM) market are surge in adoption of cloud services to manage office and field personnel, increasing necessity for workforce optimisation and rising focus on talent mobility. Increasing emphasis on mobile HR apps is creating opportunities for the growth of the market. Compliance with government data security regulation is acting as the major restraint for human capital management (HCM) market. Lack of skilled IT workforce in SMEs is acting as a major challenge for the growth of the market.
Key Pointers Covered in Europe Human Capital Management (HCM) Market Industry Trends and Forecast to 2028
· Market Size
· Top to Bottom Market Analysis
· Recent Developments for Market Competitors
· Recent Market Value for Different Countries
· Market value and overview of Europe Human Capital Management (HCM) Market
· Company profiling of top eight players of Europe Human Capital Management (HCM) Market
Europe Human Capital Management (HCM) Market Developments
· In October 2020, ADP, Inc. announced the achievement of the award for "Top HR Product” as a part of the virtual 2020 HR Technology Conference. The recognition was awarded for ADP’s Next Gen Payroll Platform. This was the sixth consecutive year for ADP, Inc. to receive the award. The Next Gen Payroll Platform enables the employers to revolutionize the way they pay their employees. This enhanced the company’s presence in the market and assured the quality of the products offered.
· In July 2021, SAP SE announced the extension to its Human experience management (HXM) solutions. This new extension allowed the customers to introduce new workflows in a matter of days or weeks. No coding was required to build these extensions and were used to create a fully integrated experience for employees. It enabled the organizations to create workflows hat comply with existing authorization, data privacy, and permissions rules. They also took advantage of mobile UI capabilities and open APIs to integrate with analytics and third-party applications. This enhanced the company’s offerings in the human capital management solutions in the market.
· In June 2021, UKG Inc. announced that Mosaic Forest Management Corporation, a company engaged in sustainable harvesting on the coast of British Columbia, Canada, is using UKG Pro and UKG Ready. This helped the company to manage and take control of a complicated payroll framework that has over 200 pay-calculation rules within one pay group in Ready. With this Mosaic Forest Management Corporation was able to eliminate overtime, double time, weekend work, shift premiums and vacation administration.
Global Travel Beauty Retail Market Country Level Analysis
· The countries covered in Europe human capital management (HCM) market report are U.K., Germany, Spain, France, Netherlands, Italy, Sweden, Switzerland, Norway, Austria, Finland, Russia, Denmark, Turkey, Belgium, Luxembourg, Rest of Europe. In 2021, U.K. is expected to dominate the human capital management (HCM) market in the Europe region due to presence of large number of enterprises that make use of human capital management software and services.
· The U.K. accounted for maximum share in the Europe human capital management (HCM) market, as large numbers of HR software providers are present in the region and more start-ups are being established. The Germany accounts for second largest market as the region has high growth in manufacturing industry that has large number of workforce which require HCM software for talent management and other HR activities. Spain has witnessed fast growth in local players involved in providing human capital management software and services in the region leading to third largest market share.
Europe Human Capital Management (HCM) Market Share Analysis
Europe human capital management (HCM) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Europe human capital management (HCM) market.
Key player Europe Human Capital Management (HCM) Market
· ADP, Inc.
· SAP SE
· UKG, Inc.
· Oracle
· IBM Corporation
· Advanced
· Accenture
· Cegid
· Ceridian HCM, Inc.
· Cezanne HR Limited
· CIPHR Limited
· Cornerstone
· Deltek, Inc.
· Epicor Software Corporation
· Hi Bob, Inc.
· Infor
· Microsoft
· Natural HR Limited
· PeopleFluent
· Personio Gmbh
· Ramco Systems
· Sage Group PLC
· Sumtotal Systems, LLC
· Sympa
· Workday, Inc.
· WorkForce Software, LLC
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MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
· Chapter Six: Europe Human Capital Management (HCM) Market Share by Product & Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=europe-human-capital-management-hcm-market
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