Human Capital Management market is highly competitive, rapidly changing, and significantly affected by new product introductions and the market activities of other industry participants. Human Capital Management providers face competition from the customers' internal information technology departments as well as Human Capital Management competitors. Human Capital Management service providers much provide a value-added product that is easy to install and cost effective.
This report contains market size and forecasts of Human Capital Management (HCM) & Payroll in Global, including the following market information:
Global Human Capital Management (HCM) & Payroll Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Human Capital Management (HCM) & Payroll market was valued at 16850 million in 2021 and is projected to reach US$ 24880 million by 2028, at a CAGR of 5.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Human Capital Management (HCM) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Human Capital Management (HCM) & Payroll include SAP, Automatic Data Processing (ADP), Ultimate Software Group, Linkedin (Microsoft), Oracle, Workday, Ceridian HCM, Kronos and Infor, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Human Capital Management (HCM) & Payroll companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Human Capital Management (HCM) & Payroll Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Human Capital Management (HCM) & Payroll Market Segment Percentages, by Type, 2021 (%)
Human Capital Management (HCM)
HCM Payroll
HCM Payroll Tax Withholding
Global Human Capital Management (HCM) & Payroll Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Human Capital Management (HCM) & Payroll Market Segment Percentages, by Application, 2021 (%)
Small and Mediumsmall-sized Enterprises
Large-sized Enterprises
Global Human Capital Management (HCM) & Payroll Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Human Capital Management (HCM) & Payroll Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Human Capital Management (HCM) & Payroll revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Human Capital Management (HCM) & Payroll revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
SAP
Automatic Data Processing (ADP)
Ultimate Software Group
Linkedin (Microsoft)
Oracle
Workday
Ceridian HCM
Kronos
Infor
Cornerstone OnDemand
Paycom Software
Sage
Epicor Software
Accenture
Workforce Software
Zenefits
Ramco Systems
EPAY Systems
PeopleStrategy
Pachex
Microsoft
Intuit