Increasing global “traction” is grounding talent management solutions, stated Dublin, Ireland-based firm Research and Markets in tandem with its recently released industry report "Opportunities in Talent Management Solutions Market in Asia-Pacific, Forecast to 2020."

Research and Markets describes itself as “the world’s largest market research store.” Its latest industry analysis looks ahead to the next few years, covering topics such as market scope and overview to solutions and software. The report includes company profiling, firms to watch and opportunities for growth.

“The talent management solutions market is undergoing significant traction globally,” the company said. “In order to stand out from the myriad of solution providers within the markets, competent solution providers have to adopt a customer-first mentality … and customizing offerings accordingly to best fit their customers' circumstances.”

HR systems are undergoing substantial alterations, Research and Markets suggested, often motivating businesses to adapt or replace their technology. Such tools as mobile talent management, automated help in the form of Chatbots, and a trend towards analytics can all drive growth in emerging economies such as the Asia-Pacific region, experts said.

Talent bases in Singapore, Australia, Malaysia, Japan and India will likely be augmented by new growth in Myanmar, Thailand and Indonesia, they suggested.

With its roster of well-known clients including Sanofi, Siemens, Unilever, Texas Instruments and Yahoo!, as well as many academic, health care and government groups, Research and Markets supports a diverse customer base.

Over 80 percent of the world’s Fortune 500 companies contract with Research and Markets to acquire their information, according to company representatives.