Published by IMARC Services Private Limited
Posted on September 6, 2021
7 min readLast updated: January 21, 2026
The Human Capital Management Marketis expected to grow at a CAGR of around 11% during 2021-2026. The report provides a detailed analysis of the market by Component, Deployment Type, Industry Verticals, Region.
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report: https://www.imarcgroup.com/human-capital-management-market/requestsample
Industry Definition and Application:
Human capital management (HCM) stands for a set of practices that are utilized for recruiting, assessing, optimizing, developing, and improving the value of employees within an organization. It covers various core administrative and strategic processes, including payroll, training, compliance, onboarding, workforce planning, performance management, etc. Human capital management comprises of several components, such as benefits administration, time and attendance, workflow management, reporting and analytics, employee service and self-service, retirement services, etc. Numerous organizations are employing HCM solutions as they offer specific competencies to manage employees effectively while enhancing the overall productivity.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
The increasing digitization of business processes is primarily driving the global human capital management market. Moreover, the expanding e-commerce industry, where customer engagement and retention are critical, is also catalyzing the product demand. Apart from this, shifting preferences towards online platforms for ordering essential items owing to the sudden outbreak of the COVID-19 pandemic are augmenting the HCM market. Additionally, numerous leading companies are providing HCM services over cloud-based platforms by using Software-as-a-Service (SaaS) delivery model. In the coming years, the rising focus on creating an agile workplace, which assists in analyzing thousands of suitable resumes and ensuring staff coordination, is expected to fuel the human capital management market across the globe.
Browse full report with TOC: https://www.imarcgroup.com/human-capital-management-market
Human Capital Management Market Segmentation:
The report has segmented the market on the basis of Component, Deployment Type, Industry Verticals, Region.
Breakup by Deployment Type:
Breakup by Industry Verticals:
Breakup by Region:
Read Our Latest Report Blog @ http://imarcgroup.weebly.com/
Who are the Major Human Capital Management Market Key players?
The report provides a detailed analysis of Human Capital Management Marketleaders, including.
Automatic Data Processing Inc., Ceridian HCM Inc., Infor Inc. (Koch Industries Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, PeopleFluent Inc. (Learning Technologies Group plc), Ramco Systems Limited, SAP SE, SumTotal Systems LLC (Skillsoft Limited), UKG Inc. and Workday Inc.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson
Marketing Manager
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
LinkedIn: https://in.linkedin.com/company/imarc-group
The Human Capital Management Marketis expected to grow at a CAGR of around 11% during 2021-2026. The report provides a detailed analysis of the market by Component, Deployment Type, Industry Verticals, Region.
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
Download free sample of the report: https://www.imarcgroup.com/human-capital-management-market/requestsample
Industry Definition and Application:
Human capital management (HCM) stands for a set of practices that are utilized for recruiting, assessing, optimizing, developing, and improving the value of employees within an organization. It covers various core administrative and strategic processes, including payroll, training, compliance, onboarding, workforce planning, performance management, etc. Human capital management comprises of several components, such as benefits administration, time and attendance, workflow management, reporting and analytics, employee service and self-service, retirement services, etc. Numerous organizations are employing HCM solutions as they offer specific competencies to manage employees effectively while enhancing the overall productivity.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Trends and Drivers:
The increasing digitization of business processes is primarily driving the global human capital management market. Moreover, the expanding e-commerce industry, where customer engagement and retention are critical, is also catalyzing the product demand. Apart from this, shifting preferences towards online platforms for ordering essential items owing to the sudden outbreak of the COVID-19 pandemic are augmenting the HCM market. Additionally, numerous leading companies are providing HCM services over cloud-based platforms by using Software-as-a-Service (SaaS) delivery model. In the coming years, the rising focus on creating an agile workplace, which assists in analyzing thousands of suitable resumes and ensuring staff coordination, is expected to fuel the human capital management market across the globe.
Browse full report with TOC: https://www.imarcgroup.com/human-capital-management-market
Human Capital Management Market Segmentation:
The report has segmented the market on the basis of Component, Deployment Type, Industry Verticals, Region.
Breakup by Deployment Type:
Breakup by Industry Verticals:
Breakup by Region:
Read Our Latest Report Blog @ http://imarcgroup.weebly.com/
Who are the Major Human Capital Management Market Key players?
The report provides a detailed analysis of Human Capital Management Marketleaders, including.
Automatic Data Processing Inc., Ceridian HCM Inc., Infor Inc. (Koch Industries Inc.), International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, PeopleFluent Inc. (Learning Technologies Group plc), Ramco Systems Limited, SAP SE, SumTotal Systems LLC (Skillsoft Limited), UKG Inc. and Workday Inc.
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United States Artificial Intelligence Market Report: https://www.imarcgroup.com/united-states-artificial-intelligence-market
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India Artificial Intelligence Market Report: https://www.imarcgroup.com/india-artificial-intelligence-market
Europe Lawful Interception Market Report: https://www.imarcgroup.com/europe-lawful-interception-market
India Safes and Vaults Market Report: https://www.imarcgroup.com/india-safes-vaults-market
Loyalty Management Market Report: https://www.imarcgroup.com/loyalty-management-market
Data Preparation Market Report: https://www.imarcgroup.com/data-preparation-market
Telecom Service Assurance Market Report: https://www.imarcgroup.com/telecom-service-assurance-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Contact Us
Olivia Anderson
Marketing Manager
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
LinkedIn: https://in.linkedin.com/company/imarc-group
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