Europe Human Capital Management (HCM) Market to Reach USD 17,053.28 million with a 12.3% CAGR
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 credible Europe
human capital management (HCM) market research report acts as a strong backbone
for ICT industry with which it can outdo the competition. The market is
supposed to witness growth during the forecast period due to growing demand at
the end user level. Analysis of consumer needs by major regions, types,
applications in Global market by considering the past, present and future state
of the industry has been conducted. This report comprehensively studies consumption
or sales of the market, focuses on the top players with respect to sales,
price, revenue and market share (volume and value) for each region. All the
market drivers and restraints in the report have been derived using SWOT
analysis.
An influential Europe human capital management (HCM) market report acts as a
great source of notable data, present market trends, future events, market
environment, technological innovation, imminent technologies and the technical
development in the related industry. It supports in adjusting the production
depending on the conditions of demand in the market which evades the wastage of
goods. Besides, this marketing research report assists in planning by providing
accurate and state-of-the-art information about the consumer’s demands, their
buying preferences, attitudes and their changing tastes about the specific
product. With a systematic problem analysis, model building and fact-finding, Europe
human capital management (HCM) market research report assists businesses in
decision-making and managing marketing of goods and services.
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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.
·
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.
·
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.
Key Pointers Covered in Europe Human Capital Management
(HCM) Market Industry Trends and Forecast to 2028
·
Market Size
·
Market New Sales Volumes
·
Market Replacement Sales Volumes
·
Market By Brands
·
Market Procedure Volumes
·
Market Product Price Analysis
·
Market Regulatory Framework and Changes
·
Market Shares in Different Regions
·
Recent Developments for Market Competitors
·
Market Upcoming Applications
·
Market Innovators Study
Europe Human Capital Management (HCM) 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
Some of the major players
operating in the Europe human capital management (HCM) market are IBM Corporation,
SAP SE, Infor, UKG, Inc., Sumtotal Systems, LLC, Workday, Inc., Ramco Systems,
Cegid, WorkForce Software, LLC, Epicor Software Corporation, Cezanne HR
Limited, Cornerstone, Ceridian HCM, Inc., Oracle, Microsoft, ADP, Inc., Sage
Group plc, PeopleFluent, Hi Bob, Inc., Personio GmbH, Sympa, Deltek, Inc.,
CIPHR Limited, Advanced, Accenture, Natural HR Limited among others. DBMR
analysts understand competitive strengths and provide competitive analysis for
each competitor separately.
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Full Access of Report@
https://www.databridgemarketresearch.com/reports/europe-human-capital-management-hcm-market
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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