Human Capital Management projected to boom over 5 years

The growth is expected to come from the need to specialize talent. File photo
The growth is expected to come from the need to specialize talent. - File photo
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The Human Capital Management (HCM) Market-Global Forecast to 2022 has been finalized, finding that HCM is expected to increase to $22.51 billion by 2022, from the current $14.5 billion.

The growth is expected to come from the need to specialize talent, though software like workforce management, applicant tracking systems and staffing vendor management will help. Sourcing, recruiting and workforce management are forecast to grow in the HCM market over the next five years, with support and maintenance growing faster than other areas. Training and support will also be needed to introduce new software to users.

Cloud-based HCM options will continue to increase, as this mode of delivery offers more flexibility at a lower price. Small and medium-sized companies are expected to make the switch to cloud-based HCM solutions.

Topics covered in the research were:
***Introduction
***Research Methodology
***Executive Summary
***Premium Insights
***Market Overview And Industry Trends
***Human Capital Management Market Analysis, By Component
***Human Capital Management Market Analysis, By Software
***Human Capital Management Market Analysis, By Service
***Human Capital Management Market Analysis, By Deployment Model
***Human Capital Management Market Analysis, By Organization Size
***Human Capital Management Market Analysis, By Vertical
***Geographic Analysis
***Competitive Landscape
***Company Profiles



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