Canada Human Capital Management (HCM) Market size is expected to be USD 2,573.90 million rising at a market growth of 11.7% CAGR during the forecast period
Canada 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 a CAGR of 11.7% in the forecast period of 2021 to 2028 and
expected to reach USD 2,573.90 million by 2028.
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Key Pointers Covered in Canada
Human Capital Management (HCM) Market Industry Trends and Forecast to 2028
·
Market
Size
·
Market
New Sales Volumes
·
Market
Replacement Sales Volumes
·
Market
Installed Base
·
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
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Canada Human
Capital Management (HCM) Market Scope and Market Size
Canada human
capital management (HCM) market is segmented on the basis of are offering,
deployment model, organization size, and end-user. The segments study 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 Canada human capital management (HCM) market is
segmented into software and services. In 2021, software segment is expected to
dominate the Canada 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. Moreover,
human capital management software provides human resources teams with several
ways to save without cutting back on the employee experience.
·
On the
basis of deployment model, the Canada human capital management (HCM) market is
segmented into cloud and on-premises. In 2021, the on-premises segment is
expected to dominate the Canada 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. Moreover, an on-premises HCM
platform is usually more customizable and offers greater control over the
implementation process and the data.
·
On the
basis of organization size, the Canada 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 Canada human
capital management (HCM) market as large organizations have larger data of
employees that is needed to be maintained and recorded with minimum error.
Human capital software helps in reducing the manual tasks involved in
performance appraisals, feedbacks, and goal tracking.
·
On the
basis of end user, the Canada 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 Canada 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. Moreover, the industry has high need of more skilled work forces
and requires highly efficient talent management software.
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Full Access of Report@
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Some
of the key questions answered in this report:
·
How has the Canada 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 Canada
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 Canada Human
Capital Management (HCM) Market and who are the key players?
·
What is the degree of competition in the industry?
Market Analysis and Insights: Canada 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 essential 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 improve
employee performance, increase retention and achieve better results.
·
A first-rate
Canada Human Capital Management (HCM) Market research report delivers the
systematic and comprehensive market research study, along with the facts and
figures associated with any subject in the field of marketing. The report also
estimates CAGR (compound annual growth rate) values along with its fluctuations
for the definite forecast period. Furthermore, this report offers better market
perspective in terms of product trends, marketing strategy, future products,
new geographical markets, future events, sales strategies, customer actions or
behaviours. Canada Human Capital Management (HCM) Market report is the outcome
of incessant efforts guided by knowledgeable forecasters, innovative analysts
and brilliant researchers.
·
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 the human capital management (HCM) market. The lack of
skilled IT workforce in SMEs is acting as a major challenge for the growth of
the market.
·
Canada Human
Capital Management (HCM) Market survey report is structured with the clear
understanding of business goals of ICT industry and needs to bridge the gap by
delivering the most appropriate and proper solutions. In addition, this
business research report predicts the size of the market with information on
key vendor revenues, development of the industry by upstream & downstream,
industry progress, key companies, and segment type & market application.
Market study of the leading Canada Human Capital Management (HCM) Market report
considers a market attractiveness analysis, where each segment is benchmarked
based on its market size, growth rate, and general attractiveness.
Canada Human Capital Management (HCM) Market
Share Analysis
Canada 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 Canada human capital management
(HCM) market.
Key player Canada Human Capital Management
(HCM) Market
Some of the major players
operating in the Canada 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.
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: Canada Human Capital Management (HCM) Market Share by Product &
Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=canada-human-capital-management-hcm-market
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