Global Human Capital Management Market to Reach $26.8 Billion by 2026

A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, released its report titled “Human Capital Management – Global Market Trajectory & Analytics”. The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

  • Global competitiveness and key competitor percentage market shares
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Edition: 9; Released: January 2022
Executive Pool: 21303
Companies: 133 – Players covered include Automatic Data Processing, Inc. (ADP); Ceridian HCM, Inc.; Cornerstone OnDemand, Inc.; Employwise Inc.; IBM Corporation; Infor; Kronos, Inc.; Oracle Corporation; Paycom; Peoplestrategy, Inc.; SAP SE; SumTotal Systems LLC; Ultimate Software Group, Inc.; Workday, Inc. and Others.
Coverage: All major geographies and key segments

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Segments: Software (Core HR, Workforce Management, Sourcing and Recruiting, Applicant Tracking System, Staffing Vendor Management, Other Softwares)
Geographies: World; United StatesCanadaJapanChinaEurope (FranceGermanyItalyUnited KingdomSpainRussia; and Rest of Europe); Asia-Pacific (AustraliaIndiaSouth Korea; and Rest of Asia-Pacific); Latin America (ArgentinaBrazilMexico; and Rest of Latin America); Middle East (IranIsraelSaudi ArabiaUnited Arab Emirates; and Rest of Middle East); and Africa.

Complimentary Project Preview – This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry

ABSTRACT-

Global Human Capital Management Market to Reach $26.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Human Capital Management estimated at US$16.8 Billion, is projected to reach a revised size of US$26.8 Billion by 2026, growing at a CAGR of 8% over the analysis period. Core HR, one of the segments analyzed in the report, is projected to record a 9.2% CAGR and reach US$11.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Workforce Management segment is readjusted to a revised 7.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $4.9 Billion in 2021, While China is Forecast to Reach $5.9 Billion by 2026
The Human Capital Management market in the U.S. is estimated at US$4.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.9 Billion by the year 2026 trailing a CAGR of 12.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.2% and 7.2% respectively over the analysis period. Within EuropeGermany is forecast to grow at approximately 5.2% CAGR.

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Sourcing and Recruiting Segment to Reach US$3.4 Billion by the year 2026
In the global Sourcing and Recruiting segment, USACanadaJapanChina and Europe will drive the 7.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.6 Billion will reach a projected size of US$2.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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business developmentGlobalHRhuman capital managementWorkday
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