Europe Human Capital Management (HCM) Market is expected to grow by USD 24, 475.70 million during 2023-2030

Data Bridge Market Research analyses that the Europe Human Capital Management (HCM) Market is expected to reach USD 24, 475.70 million by 2030, which was USD 9,338.18 million in 2022, at a CAGR of 12.80% during the forecast period.

Key Pointers Covered in Europe Human Capital Management (HCM) Market Industry Trends and Forecast to 2030

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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Benefits of Considering this Report

This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
A complete picture of the competitive scenario of Europe Human Capital Management (HCM) Market is depicted by this report.
The report consists of a vast amount of data about the recent product and technological developments in the markets.
The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.

Europe Human Capital Management (HCM) Market Scope and Market Size

The human capital management (HCM) market is segmented on the basis of component, deployment model, organization size, vertical and functionality. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

Service
Integration and Implementation
Training and Education
Support and Maintenance
Consulting
Software

Deployment Model

Cloud
On-Premises

Organization Size

Small and Medium-Sized Enterprises
Large Enterprises

Vertical

Banking, Financial Services, and Insurance
Government
Manufacturing
Telecom and IT
Consumer Goods and Retail
Healthcare and Life Sciences
Energy and Utilities
Transportation and Logistics
Others
Functionality
Core HR
Talent Acquisition
Performance Management
Succession Planning
Reward and Recognition
Advance Analytics
Compliance
Others

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Some of the key questions answered in this report:

What are the global trends in the Europe Human Capital Management (HCM) Market? Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in Europe Human Capital Management (HCM) Market? What are the upcoming industry applications and trends for Europe Human Capital Management (HCM) Market?
How big is the opportunity for the Europe Human Capital Management (HCM) Market? How will the increasing adoption of Europe Human Capital Management (HCM) Market for mining impact the growth rate of the overall market?
How much is the Europe Human Capital Management (HCM) Market? What was the value of the market In 2030?
Who are the major players operating in the Europe Human Capital Management (HCM) Market? Which companies are the front runners?
Which are the recent industry trends that can be implemented to generate additional revenue streams?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Europe Human Capital Management (HCM) Market?

Market Analysis and Insights: Europe Human Capital Management (HCM) Market

Human capital management (HCM) are used for optimizing, recruiting, managing, developing, and increasing employee value within the company. It covers an extensive range of core administrative and strategic processes and practices, such as workforce planning, compensation planning, payroll, training, compliance, onboarding, and performance management. It also covers benefits administration, workflow management, time and attendance, reporting and analytics, retirement services and employee service and self-service.
Human resource is the main part of any enterprise or business. Without human resources (HR), an organization cannot achieve objectives and goals. HR department deals with several functions such as employee’s performance, payroll, training, and attendance among others. Currently, organizations are shifting towards digitalization, they are adopting human capital management (HCM solutions to manage all tasks related to employees such as their performance, payroll system, attendance and others. Nowadays, organizations are adopting those human capital management (HCM) solutions that increase overall productivity and provide specific proficiencies to manage employees effectively.
An international Europe Human Capital Management (HCM) Market business research report gives clear idea about strategic analysis of mergers, expansions, acquisitions, partnerships, and investment. Market research analysis and data in this market report lends a hand to businesses for the planning of production, product launches, costing, inventory, purchasing and marketing strategies. This industry report is object-oriented which is produced with the combination of a splendid industry experience, talent solutions, industry insight and most up to date tools and technology. Europe Human Capital Management (HCM) Market report is also a helpful source of assistance and direction for companies and individuals interested in the industry.
The increasing integration of automation technologies in numerous HR processes and solutions is expected to impel market growth during the forecast period. Advanced technologies such as artificial intelligence (AI), robotic process automation (RPA), machine learning (ML), big data, and other analytics tools are integrated into human capital management (HCM) solutions for streamlining various day-to-day HR operations. AI tools and robotic process automation are beneficial in removing manual errors, improving the productivity and efficiency of an organization and reducing procedural delays. As a result of all these factors, the market is likely to grow.

Europe Human Capital Management (HCM) Market Country Level Analysis

The countries covered in the human capital management (HCM) market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and Rest of Europe in Europe.

Europe Human Capital Management (HCM) Market Share Analysis

The 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, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to human capital management (HCM) market.

Key player Europe Human Capital Management (HCM) Market

Oracle (U.S.)
SAP SE (Germany)
IBM (U.S.)
Workday, Inc. (U.S.)
Ultimate Software Group, Inc. (U.S.)
ADP, Inc. (U.S.)
Cornerstone (U.S.)
Benefitfocus Inc. (U.S.)
Bamboo HR LLC. (U.S)
Zoho Corporation (India)
WebHR (U.S)
Sage Global Services Limited (India)
Epicor Software Corporation (U.S)
Infor (U.S), UKG Inc. (U.S)
Cegid (China)
Sumtotal Systems, LLC (U.S.)
Paycom Payroll LLC. (U.S.)
Paycor, Inc (U.S.)
Insperity (U.S.)

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

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