Technology

Human Capital Management (HCM) and Payroll Market Demand, Growth, Development Analysis and Business Outlook 2019 to 2022

Human Capital Management (HCM) and Payroll Market Leading Players 2019: SAP SE, Intuit Inc., Automatic Data Processing Inc

New Research on Global Human Capital Management (HCM) & Payroll Market: Industry Analysis & Outlook (2018-2022): The market report provides an in-depth analysis of the Human Capital Management (HCM) and Payroll Market with a comprehensive analysis of market sizing and growth. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Human Capital Management (HCM) and Payroll Market study provide comprehensive data that enhances the understanding, scope, and application of this report.

Top Leading Companies of The Human Capital Management (HCM) and Payroll Market are:

SAP SE, Intuit Inc., Automatic Data Processing Inc. and Sage Group Plc are being profiled along with their key financials and strategies for growth.

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Executive Summary

The use of HCM and payroll applications helps extensively in decision-making and offers a clear picture of the overall resources of an organization. Human Capital Management (HCM) is defined as the process of acquiring, training, managing, retaining employees for them to contribute effectively in the processes of the organization. Some features of human capital management systems include performance reviews, goal management and compensation planning, as well as the automation of time collection and absence management. The human capital management software along with information technology makes the task easy and more efficient to manage workforce acquisition, management, and optimization of people in the organizations.

The term payroll actually refers to the list of employees that receive compensation from a company. However, most companies generally use the term to refer to the money that is paid to the employees or the records that detail how much each employee has made. Payroll may also refer to the company, department, or software that is used to process paychecks and taxes or to the process of calculating and distributing employee paychecks. Payroll software is being installed by companies as it is economical and improves the efficiency of the compensation and review processes.

The global HCM and payroll market is set to experience favorable growth driven by factors such as increased spending on HCM and payroll, rising workforce of organizations, growing internet penetration, increased spending on cloud infrastructure and rising accessibility to mobile applications. The major trends observed in this market include rising demand for integrated HCM solutions, implementation of automation and robotics and rise in the adoption of digital HR technology. However, the growth of this budding market is constrained by challenges such as data security and privacy concern, rapid technological changes and economical and political risks.

The report Global Human Capital Management (HCM) & Payroll Market: Industry Analysis & Outlook (2018-20212) analyses the development of this market, with focus on the Americas market. The major trends, growth drivers as well as issues being faced by the market are discussed in detail in this report.

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Key Benefits:

  • Major countries in each region are mapped according to individual market revenue.
  • Comprehensive analysis of factors that drive and restrict the market growth is provided.
  • The report includes an in-depth analysis of current research and developments within the market.
  • Key players and their key developments in the recent years are listed.

The research includes historic data from 2014 to 2019 and forecasts until 2022 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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Key questions answered in the report:

  • What will the market growth rate of Human Capital Management (HCM) and Payroll market in 2022?
  • What are the key factors driving the Human Capital Management (HCM) and Payroll market?
  • Who are the key manufacturers in Human Capital Management (HCM) and Payroll market space?
  • What are the market opportunities, market risk and market overview of the Human Capital Management (HCM) and Payroll market?
  • What are sales, revenue, and price analysis of top manufacturers of Human Capital Management (HCM) and Payroll market?
  • Who are the distributors, traders and dealers of Human Capital Management (HCM) and Payroll market?
  • What are the Human Capital Management (HCM) and Payroll market opportunities and threats faced by the vendors in the Human Capital Management (HCM) and Payroll industry?
  • What are sales, revenue, and price analysis by types and applications of Human Capital Management (HCM) and Payroll market?
  • What are sales, revenue, and price analysis by regions of Human Capital Management (HCM) and Payroll industry?

List of Tables

Key Players – Revenue & Market Cap Comparison (2017)
Sage Group Plc. Corporation Agreements (2017*)

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides The US and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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