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市場調查報告書
商品編碼
1820280

2025 年至 2033 年人力資本管理市場規模、佔有率、趨勢和預測(按組成部分、部署類型、行業垂直領域和地區分類)

Human Capital Management Market Size, Share, Trends and Forecast by Component, Deployment Type, Industry Verticals, and Region, 2025-2033

出版日期: | 出版商: IMARC | 英文 138 Pages | 商品交期: 2-3個工作天內

價格

2024年,全球人力資本管理市場規模達264.7億美元。預計到2033年,該市場規模將達到502.3億美元,2025年至2033年的複合年成長率為7.01%。目前,北美佔據市場主導地位,2024年的市佔率為38.9%。科技的快速進步、企業全球化程度的提高以及對自動化需求的不斷成長,為市場帶來了良好的前景。此外,遠距辦公的興起以及對員工敬業度和滿意度的日益重視,也正在擴大人力資本管理市場佔有率。

市場驅動力源自於對有效勞動力管理、提升員工敬業度和改善人才留任方法日益成長的需求。企業正在使用基於雲端和人工智慧的人力資本管理 (HCM) 系統來簡化招募、入職、薪資和績效管理任務,降低營運成本並最佳化決策。人才競爭日益激烈,促使企業投資促進學習、發展和職業發展的資源。持續向以數據為中心的人力資源 (HR) 實踐轉型,有助於即時勞動力分析,幫助企業將人才策略與組織目標結合。此外,不斷變化的勞動法規和合規標準也促使企業採用強大的 HCM 系統來降低風險。

由於多種因素,美國已成為 HCM 市場的主要地區。人們越來越注重提高勞動效率、提升員工滿意度和簡化人力資源流程,這為人力資本管理市場前景看好。擴大使用人工智慧來簡化薪資、招聘、績效評估和培訓管理,這推動了市場擴張。據IMARC Group稱,2024 年全球人工智慧市場價值為 1,156.2 億美元。對熟練專業人員的競爭日益激烈,促使公司強調員工敬業度、職涯發展和留任策略。遵守不斷變化的勞動法和工作場所法規正在推動企業投資於保證準確性和清晰度的複雜人力資源系統。混合和遠端工作安排的興起對適應性強且行動友善的 HCM 系統的需求。

人力資本管理市場趨勢:

越來越關注員工福祉

由於企業越來越重視員工福祉,市場正在不斷擴大,因為企業意識到滿意和健康的員工具有更高的參與度、生產力和留任率。透過整合健康監測、彈性排班、心理健康支援和客製化福利管理工具,現代 HCM 平台使企業能夠將人力資源法規與員工要求相匹配。這種轉變在競爭激烈的就業市場中尤其重要,因為人才保留是首要任務。透過整合健康模組,雇主可以幫助培養積極的工作文化,同時減少曠工和人員流動。此外,HCM 解決方案中的資料分析可協助人力資源團隊監控員工福祉趨勢並及時實施介入措施。隨著企業健康成為策略重點,對具有健康為重點功能的 HCM 解決方案的需求持續成長。根據IMARC Group的數據,到 2033 年,全球企業健康市場規模將達到 1,281.8 億美元,2025-2033 年期間的複合年成長率為 6.14%。

人工智慧(AI)的融合度不斷提高

人工智慧的日益普及正推動著人力資源市場的成長,因為它可以自動化重複性的人力資源任務,並實現數據驅動的決策。根據產業報告顯示,2025年,人工智慧招募將徹底改變全球招募方式,87%的企業將採用人工智慧解決方案。基於人工智慧的工具透過使用預測分析來匹配候選人與職位、簡化入職流程並改善勞動力規劃,從而增強人才招募。此外,人工智慧聊天機器人可以處理員工查詢,減輕管理負擔,並提高人力資源回應能力。先進的演算法還可以幫助監控員工績效、敬業度和職涯發展,為管理人員提供切實可行的見解。透過識別技能差距並建議個人化的學習途徑,人工智慧支援員工發展和保留。此外,人工智慧還可以改善合規性監控,減少薪資和福利管理中的錯誤。

零工和自由工作者數量不斷增加

隨著企業逐漸適應管理更加多元化和靈活的人才庫,不斷成長的零工和自由工作者隊伍帶來了良好的市場前景。根據 Upwork 發布的未來工作指數,到 2025 年 4 月,28% 的熟練知識型員工將以自由工作者或獨立專業人士的身分參與工作。與傳統的全職員工不同,零工需要動態排班、基於專案的支付系統和精簡的入職流程,而 HCM 平台可以有效地管理這些流程。先進的解決方案使企業能夠將自由工作者納入其勞動力規劃,追蹤生產力,並確保履行合約和稅務義務。隨著零工經濟成為現代勞動市場的重要組成部分,HCM 工具也在不斷發展,以應對多種僱用模式,並在全職員工和獨立工作者之間實現無縫協作。

人力資本管理市場的主要成長動力:

基於雲端的人力資源解決方案的採用率不斷上升

擴大採用基於雲端的人力資源解決方案,透過提供可擴展性、靈活性和對勞動力資料的即時訪問,促進了市場的成長。與傳統的內部部署系統不同,基於雲端的平台允許組織在單一數位平台上集中人力資源功能,從招募和薪資到績效管理。它們支援遠端訪問,這隨著混合和分散式勞動力的興起而變得至關重要。雲端解決方案還支援與其他企業工具的無縫整合,提高效率和資料可見性。自動更新確保遵守不斷發展的勞動法,而降低的基礎設施成本使其對各種規模的企業都具有吸引力。隨著組織繼續優先考慮敏捷性和數位轉型,基於雲端的 HCM 解決方案的採用正在增加。

基於軟體即服務 (SaaS) 的 HCM 解決方案提供的成本效率

基於 SaaS 的 HCM 解決方案提供的成本效率正在刺激市場成長,因為企業正在尋求經濟實惠且功能強大的工具來管理其員工隊伍。透過基於訂閱的定價,SaaS 平台無需在資訊技術 (IT) 基礎設施上進行大量的前期投資,從而降低了資本支出。由於更新和安全性修補程式由供應商負責,這些解決方案還可以最大限度地降低持續的維護和升級成本。這種模式使中小型企業 (SME) 能夠採用先進的人力資源功能。此外,SaaS HCM 系統能夠靈活地隨著員工規模的變化而擴展使用,確保成本與業務需求保持一致。透過以較低的成本提供高價值並提高營運效率,基於 SaaS 的 HCM 平台正變得越來越有吸引力,從而推動了市場擴張。

合規要求日益複雜

合規性要求日益複雜,推動著市場的成長,因為企業正在努力跟上不斷發展的勞動法、稅收法規和行業特定標準的步伐。不合規可能導致代價高昂的罰款、聲譽損害和營運風險,因此自動化解決方案至關重要。現代 HCM 平台整合了合規性管理功能,可追蹤監管變化、自動計算工資稅並確保準確的員工文件。它們還幫助企業管理跨多個司法管轄區的多元化報告、工作場所安全記錄和全球勞動力合規性。透過減少人為錯誤並提供可供審計的資料,HCM 解決方案提高了透明度和問責制。隨著全球化和遠距辦公使監管環境變得越來越複雜,企業繼續依賴 HCM 系統來維持合規性。

目錄

第1章:前言

第2章:範圍與方法

  • 研究目標
  • 利害關係人
  • 資料來源
    • 主要來源
    • 二手資料
  • 市場評估
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第3章:執行摘要

第4章:簡介

第5章:全球人力資本管理市場

  • 市場概況
  • 市場表現
  • COVID-19的影響
  • 市場預測

第6章:市場細分:按組成部分

  • 軟體
    • 關鍵部分
      • 核心人力資源
      • 招募
      • 勞動力管理
      • 薪資和工資
      • 其他
  • 服務
    • 關鍵部分
      • 託管服務
      • 專業的

第7章:市場區隔:依部署類型

  • 基於雲端
  • 本地

第8章:市場區隔:依產業垂直分類

  • 金融服務業協會
  • 零售
  • IT與電信
  • 衛生保健
  • 飯店業
  • 政府
  • 製造業
  • 其他

第9章:市場細分:依地區

  • 北美洲
    • 美國
    • 加拿大
  • 亞太
    • 中國
    • 日本
    • 印度
    • 韓國
    • 澳洲
    • 印尼
    • 其他
  • 歐洲
    • 德國
    • 法國
    • 英國
    • 義大利
    • 西班牙
    • 俄羅斯
    • 其他
  • 拉丁美洲
    • 巴西
    • 墨西哥
    • 其他
  • 中東和非洲

第 10 章:SWOT 分析

第 11 章:價值鏈分析

第 12 章:波特五力分析

第13章:價格分析

第 14 章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • 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.
    • Workday Inc.
Product Code: SR112025A4336

The global human capital management market size was valued at USD 26.47 Billion in 2024. The market is projected to reach USD 50.23 Billion by 2033, exhibiting a CAGR of 7.01% from 2025-2033. North America currently dominates the market, holding a market share of 38.9% in 2024. Rapid technological advancements, increasing globalization of businesses, and the growing demand for automation are offering a favorable market outlook. Besides this, rising trends of remote work and escalating emphasis on employee engagement and satisfaction are expanding the human capital management market share.

The market is driven by the increasing demand for effective workforce management, enhanced employee engagement, and improved talent retention approaches. Businesses are using cloud-based and AI-based human capital management (HCM) systems to streamline recruitment, onboarding, payroll, and performance management tasks, lowering operational expenses and refining decision-making. The growing competition for talented workers is motivating businesses to invest in resources that foster learning, development, and career advancement. The continuous transition towards data-centric human resource (HR) practices facilitates real-time workforce analysis, assisting companies in aligning talent strategies with their organizational objectives. Moreover, changing labor regulations and compliance standards are leading companies to adopt strong HCM systems to reduce risks.

The United States has emerged as a major region in the HCM market owing to many factors. Increasing focus on improving workforce efficiency, boosting employee satisfaction, and simplifying HR processes is offering a favorable human capital management market outlook. Rising use of AI to streamline payroll, hiring, performance assessment, and training management is fueling the market expansion. According to the IMARC Group, the global market for AI was valued at USD 115.62 Billion in 2024. Increasing competition for skilled professionals is motivating companies to emphasize employee engagement, career growth, and retention tactics. Adhering to changing labor laws and workplace regulations is driving businesses to invest in sophisticated HR systems that guarantee precision and clarity. The rise of hybrid and remote work arrangements is creating the need for adaptable and mobile-friendly HCM systems.

Human Capital Management Market Trends:

Growing focus on employee well-being

The market is expanding because of the growing emphasis on employee well-being, as businesses are recognizing that satisfied and healthier workers have higher levels of engagement, productivity, and retention. By incorporating tools for wellness monitoring, flexible scheduling, mental health support, and customized benefits administration, modern HCM platforms are enabling organizations to match HR regulations with worker requirements. This shift is particularly important in competitive job markets where talent retention is a priority. By incorporating well-being modules, employers aid in fostering a positive work culture while reducing absenteeism and turnover. Additionally, data analytics within HCM solutions help HR teams monitor workforce well-being trends and implement timely interventions. As corporate wellness is becoming a strategic priority, the demand for HCM solutions with wellness-focused features continues to rise. As per the IMARC Group, the global corporate wellness market is set to attain USD 128.18 Billion by 2033, exhibiting a CAGR of 6.14% during 2025-2033.

Increasing integration of artificial intelligence (AI)

Rising integration of AI is impelling the growth of the market by automating repetitive HR tasks and enabling data-driven decision-making. According to industry reports, in 2025, AI recruitment revolutionized worldwide hiring, with 87% of businesses employing AI-oriented solutions. AI-based tools enhance talent acquisition by using predictive analytics to match candidates with roles, streamline onboarding, and improve workforce planning. In addition, AI-oriented chatbots handle employee queries, reducing administrative burdens and improving HR responsiveness. Advanced algorithms also help monitor employee performance, engagement, and career progression, providing actionable insights for managers. By identifying skill gaps and suggesting personalized learning pathways, AI supports employee development and retention. Furthermore, AI improves compliance monitoring and decreases errors in payroll and benefits administration.

Rising gig and freelance workforce

The growing gig and freelance workforce is offering a favorable market outlook, as organizations are adapting to managing a more diverse and flexible talent pool. According to the Future Work Index published by Upwork, by April 2025, 28% of skilled knowledge workers were engaged as freelancers or independent professionals. Unlike traditional full-time employees, gig workers require dynamic scheduling, project-based payment systems, and streamlined onboarding processes, which HCM platforms can manage effectively. Advanced solutions enable businesses to integrate freelancers into their workforce planning, track productivity, and ensure compliance with contractual and tax obligations. With the gig economy becoming a critical component of modern labor markets, HCM tools are evolving to handle multi-employment models and provide seamless collaboration between full-time staff and independent workers.

Key Growth Drivers of Human Capital Management Market:

Rising adoption of cloud-based HR solutions

Increasing adoption of cloud-based HR solutions is bolstering the growth of the market by offering scalability, flexibility, and real-time access to workforce data. Unlike traditional on-premises systems, cloud-based platforms allow organizations to centralize HR functions, ranging from recruitment and payroll to performance management, on a single digital platform. They enable remote accessibility, which has become essential with the rise of hybrid and distributed workforces. Cloud solutions also support seamless integration with other enterprise tools, improving efficiency and data visibility. Automatic updates ensure compliance with evolving labor laws, while reduced infrastructure costs make them appealing to businesses of all sizes. As organizations continue to prioritize agility and digital transformation, the adoption of cloud-based HCM solutions is increasing.

Cost efficiency offered by software as a service (SaaS)-based HCM solutions

Cost efficiency offered by SaaS-based HCM solutions is stimulating the market growth, as organizations are seeking affordable and powerful tools to manage their workforce. With subscription-based pricing, SaaS platforms eliminate the need for heavy upfront investment in information technology (IT) infrastructure, reducing capital expenditure. These solutions also minimize ongoing maintenance and upgrade costs, as vendors handle updates and security patches. This model allows small and medium-sized enterprises (SMEs) to employ advanced HR capabilities. Additionally, SaaS HCM systems provide flexibility to scale usage as workforce size changes, ensuring cost alignment with business needs. By delivering high value at lower costs while improving operational efficiency, SaaS-based HCM platforms are becoming attractive, fueling the market expansion.

Increasing complexity of compliance requirements

Rising complexity of compliance requirements is impelling the growth of the market, as organizations are struggling to keep pace with evolving labor laws, tax regulations, and industry-specific standards. Non-compliance can lead to costly penalties, reputational damage, and operational risks, making automated solutions essential. Modern HCM platforms integrate compliance management features that track regulatory changes, automate payroll tax calculations, and ensure accurate employee documentation. They also help organizations manage diversity reporting, workplace safety records, and global workforce compliance across multiple jurisdictions. By reducing manual errors and providing audit-ready data, HCM solutions enhance transparency and accountability. As regulatory environments are becoming more complex with globalization and remote work, businesses continue to rely on HCM systems to maintain compliance.

Human Capital Management Industry Segmentation:

Analysis by Component:

  • Software
    • Core HR
    • Recruiting
    • Workforce Management
    • Compensation and Payroll
    • Others
  • Service
    • Managed Service
    • Professional

Software (core HR, recruiting, workforce management, compensation and payroll, and others) held 59.7% of the market share in 2024. It offers automation, scalability, and real-time data management. Organizations continue to rely on HCM software to streamline recruitment, payroll, performance management, workforce analytics, and compliance processes, reducing manual errors and improving efficiency. Cloud-based platforms enable remote accessibility, seamless integration with other enterprise systems, and customization to meet specific HR needs. The ability to centralize employee data, track workforce performance, and generate actionable insights supports better decision-making and talent retention strategies. Additionally, advanced features like AI-based analytics, self-service portals, and mobile compatibility enhance user experience for both employees and HR professionals. As businesses are prioritizing digital transformation and workforce optimization, the demand for scalable software solutions continues to outpace traditional manual or service-based approaches. As per the human capital management market forecast, with regular security enhancements, software will continue to dominate the market.

Analysis by Deployment Type:

  • Cloud-based
  • On-premises

Cloud-based accounts for the largest market share. Cloud-based HCM solutions provide access from anywhere with an internet connection, facilitating collaboration among employees across different locations. Furthermore, they offer the ability to scale resources up or down based on the organization's needs. This flexibility is making them suitable for companies of all sizes, including rapidly growing businesses. Additionally, cloud-based HCM solutions reduce capital expenditure by utilizing shared resources and eliminating the need for physical infrastructure. Apart from this, they allow easy integration with other business applications and can often be customized to fit specific organizational needs, providing a cohesive and tailored solution. Moreover, cloud-based solutions enable automatic updates and upgrades without interrupting the user experience, thus ensuring that organizations are employing the latest features and complying with the stringent regulations.

Analysis by Industry Verticals:

  • BFSI
  • Retail
  • IT and Telecommunication
  • Healthcare
  • Hospitality
  • Government
  • Manufacturing
  • Others

IT and telecommunication hold 24.9% of the market share. IT and telecommunication are fields characterized by constant technological innovation and evolution. This demands a highly skilled and adaptable workforce, necessitating the use of advanced HCM solutions for talent acquisition, training, and development. Furthermore, they operate on a global scale, requiring the management of diverse teams to spread across various regions. In line with this, HCM solutions facilitate seamless communication, collaboration, and compliance with varying regional regulations. Additionally, the IT and telecommunication sectors are known for intense competition for top talent. HCM tools enable effective recruitment, retention, and development strategies, providing a competitive edge in retaining the best professionals. Moreover, they embrace remote and flexible working arrangements, which require HCM solutions to enable effective management, collaboration, and engagement of remote teams.

Regional Analysis:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

North America, accounting for a share of 38.9%, enjoys the leading position in the market. North America is a hub for technological innovations owing to the presence of leading tech companies, along with a conducive environment for research and development (R&D) activities that have spurred advancements in AI, cloud computing, and other technologies that underpin modern HCM systems. As per the Mercer's Global Talent Trends report, in 2024, 54% of HR managers in Canada intended to utilize AI to aid in preventing employee burnout. The region's businesses have a longstanding emphasis on strategic HR management, talent optimization, and employee engagement, which aligns well with the capabilities of HCM solutions. In addition, the implementation of stringent labor laws and regulations related to employee benefits, diversity, and inclusion is catalyzing the demand for robust HCM systems to ensure compliance. Apart from this, North America's strong economy is encouraging business growth and development, leading to an increase in workforce management needs and thereby driving the demand for HCM solutions.

Key Regional Takeaways:

United States Human Capital Management Market Analysis

The United States holds 86.00% of the market share in North America. The country has witnessed increased interest in HCM due to the expanding IT and telecommunication industry. For instance, in April 2025, IBM, the prominent technology company, revealed its plans to invest USD 150 Billion in the US over five years. The demand for advanced digital infrastructure and the shift towards remote and hybrid work models have intensified the need for efficient workforce management platforms. With continuous technological evolution, organizations are prioritizing automation in recruitment, employee engagement, and talent development processes. The IT and Telecommunication sector is relying on HCM solutions to ensure seamless HR operations, compliance, and strategic workforce planning. Integration of analytics and AI-based platforms is enhancing decision-making capabilities and employee productivity. The United States HCM market is driven by the growing emphasis on enhancing workforce productivity, ensuring compliance with evolving labor regulations, and improving employee engagement. Rising adoption of cloud-based HR solutions and heightened focus on streamlined payroll, performance management, and learning systems are catalyzing the demand. Additionally, increasing competition for skilled talent is leading organizations to wager on advanced HCM platforms for strategic workforce planning.

Europe Human Capital Management Market Analysis

Europe's HCM adoption is gaining traction due to rising transformation within the BFSI sector. By the end of 2023, the EU banking industry had more than 2 Million employees, representing one out of every 100 jobs. Financial institutions are digitizing their HR operations to enhance employee engagement, regulatory compliance, and workforce agility. The BFSI sector faces evolving customer expectations and regulatory complexities, encouraging banks, insurers, and financial service providers to adopt integrated HCM solutions. These platforms help manage high-volume hiring, performance evaluation, training, and succession planning with precision. HCM enables BFSI firms to create resilient HR frameworks that support digital talent acquisition and strategic workforce planning. Automation and analytics embedded in these solutions facilitate informed decisions on HR allocation, thereby strengthening the market in the region.

Asia-Pacific Human Capital Management Market Analysis

The Asia-Pacific region is experiencing robust HCM adoption driven by the expansion of micro, small and medium enterprises (MSMEs). For instance, as on 26th June 2025, PM Vishwakarma logged 29.94 lakh successful enrollments. As these businesses are scaling operations across manufacturing, services, and technology domains, they are seeking structured workforce management tools to handle complex HR functions. The region's entrepreneurial ecosystem and favorable business reforms have accelerated the rise of MSMEs, which prioritize streamlined recruitment, payroll processing, performance tracking, and compliance solutions. HCM tools are becoming essential in addressing workforce challenges, such as retention, upskilling, and productivity.

Latin America Human Capital Management Market Analysis

Latin America shows increasing adoption of HCM solutions influenced by the expansion of the retail and healthcare sectors due to the growing urbanization activities. According to the Monthly Survey of Trade (PMC), released by the IBGE, retail trade sales in the nation rose by 0.8%, achieving the peak level in the time series that began in January 2000, exceeding the prior high set in February 2025. The growing urban population is driving the demand for organized services and modern workforce systems. Retail and healthcare companies are turning to HCM to optimize staffing, scheduling, and compliance across multiple urban locations.

Middle East and Africa Human Capital Management Market Analysis

The Middle East and Africa region is witnessing stronger demand for HCM solutions supported by the expanding workforce and the growing adoption of advanced technologies. This shift is supported by a large pool of skilled professionals, particularly in sectors like finance, technology, and healthcare, where talent demand is high. Leading global companies, including SAP and Oracle, have a significant presence in the MEA region, helping organizations streamline HR processes and enhance employee engagement. With a surge in investment, the MEA HCM market is expected to continue its upward trajectory, particularly as government agencies and enterprises prioritize digital transformation and workforce development in response to evolving economic and demographic trends. For instance, in 2022, Mexico obtained USD 3.4 Billion in venture capital investment, with a significant portion coming from Mexico City.

Competitive Landscape:

Key players are continuously innovating and enhancing their solutions to meet evolving workforce needs. They are investing in advanced technologies like AI and ML to improve recruitment, employee engagement, and performance management. By offering cloud-based, scalable platforms, these companies cater to businesses of all sizes, enabling cost efficiency and flexibility. Strategic partnerships and acquisitions help expand their service portfolios and global reach. Key players also focus on integrating compliance tools, data security features, and mobile accessibility to address regulatory requirements and modern workplace demands. Through customer support, training, and regular updates, they ensure organizations maximize the benefits of HCM solutions, thereby fostering market adoption and long-term growth. For instance, in May 2025, Darwinbox introduced its 'Model Context Protocol (MCP) Server,' making it the first HCM platform worldwide to launch this type of system. The server allowed AI agents to safely access contextual information and start intelligent workflows throughout enterprise systems.

The report provides a comprehensive analysis of the competitive landscape in the human capital management market with detailed profiles of all major companies, 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.
  • Workday Inc.

Key Questions Answered in This Report

  • 1.How big is the human capital management market?
  • 2.What is the future outlook of human capital management market?
  • 3.What are the key factors driving the human capital management market?
  • 4.Which region accounts for the largest human capital management market share?
  • 5.Which are the leading companies in the global human capital management market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Human Capital Management Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Component

  • 6.1 Software
    • 6.1.1 Market Trends
    • 6.1.2 Key Segments
      • 6.1.2.1 Core HR
      • 6.1.2.2 Recruiting
      • 6.1.2.3 Workforce Management
      • 6.1.2.4 Compensation and Payroll
      • 6.1.2.5 Others
    • 6.1.3 Market Forecast
  • 6.2 Service
    • 6.2.1 Market Trends
    • 6.2.2 Key Segments
      • 6.2.2.1 Managed Service
      • 6.2.2.2 Professional
    • 6.2.3 Market Forecast

7 Market Breakup by Deployment Type

  • 7.1 Cloud-based
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 On-premises
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Industry Verticals

  • 8.1 BFSI
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Retail
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 It and Telecommunication
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Healthcare
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Hospitality
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Government
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast
  • 8.7 Manufacturing
    • 8.7.1 Market Trends
    • 8.7.2 Market Forecast
  • 8.8 Others
    • 8.8.1 Market Trends
    • 8.8.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Automatic Data Processing Inc.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 Ceridian HCM Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
    • 14.3.3 Infor Inc. (Koch Industries Inc.)
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 International Business Machines Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Microsoft Corporation
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Oracle Corporation
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 PeopleFluent Inc. (Learning Technologies Group plc)
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Ramco Systems Limited
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
    • 14.3.9 SAP SE
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 SumTotal Systems LLC (Skillsoft Limited)
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 UKG Inc.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 SWOT Analysis
    • 14.3.12 Workday Inc.
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Human Capital Management Market: Major Drivers and Challenges
  • Figure 2: Global: Human Capital Management Market: Sales Value (in Billion USD), 2019-2024
  • Figure 3: Global: Human Capital Management Market Forecast: Sales Value (in Billion USD), 2025-2033
  • Figure 4: Global: Human Capital Management Market: Breakup by Component (in %), 2024
  • Figure 5: Global: Human Capital Management Market: Breakup by Deployment Type (in %), 2024
  • Figure 6: Global: Human Capital Management Market: Breakup by Industry Verticals (in %), 2024
  • Figure 7: Global: Human Capital Management Market: Breakup by Region (in %), 2024
  • Figure 8: Global: Human Capital Management (Software) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 9: Global: Human Capital Management (Software) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 10: Global: Human Capital Management (Service) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 11: Global: Human Capital Management (Service) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 12: Global: Human Capital Management (Cloud-based) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 13: Global: Human Capital Management (Cloud-based) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 14: Global: Human Capital Management (On-premises) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 15: Global: Human Capital Management (On-premises) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 16: Global: Human Capital Management (BFSI) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 17: Global: Human Capital Management (BFSI) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 18: Global: Human Capital Management (Retail) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 19: Global: Human Capital Management (Retail) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 20: Global: Human Capital Management (IT and Telecommunication) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 21: Global: Human Capital Management (IT and Telecommunication) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 22: Global: Human Capital Management (Healthcare) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 23: Global: Human Capital Management (Healthcare) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 24: Global: Human Capital Management (Hospitality) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 25: Global: Human Capital Management (Hospitality) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 26: Global: Human Capital Management (Government) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 27: Global: Human Capital Management (Government) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 28: Global: Human Capital Management (Manufacturing) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 29: Global: Human Capital Management (Manufacturing) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 30: Global: Human Capital Management (Other Industry Verticals) Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 31: Global: Human Capital Management (Other Industry Verticals) Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 32: North America: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 33: North America: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 34: United States: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 35: United States: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 36: Canada: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 37: Canada: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 38: Asia-Pacific: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 39: Asia-Pacific: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 40: China: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 41: China: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 42: Japan: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 43: Japan: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 44: India: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 45: India: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 46: South Korea: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 47: South Korea: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 48: Australia: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 49: Australia: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 50: Indonesia: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 51: Indonesia: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 52: Others: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 53: Others: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 54: Europe: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 55: Europe: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 56: Germany: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 57: Germany: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 58: France: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 59: France: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 60: United Kingdom: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 61: United Kingdom: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 62: Italy: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 63: Italy: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 64: Spain: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 65: Spain: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 66: Russia: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 67: Russia: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 68: Others: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 69: Others: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 70: Latin America: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 71: Latin America: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 72: Brazil: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 73: Brazil: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 74: Mexico: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 75: Mexico: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 76: Others: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 77: Others: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 78: Middle East and Africa: Human Capital Management Market: Sales Value (in Million USD), 2019 & 2024
  • Figure 79: Middle East and Africa: Human Capital Management Market: Breakup by Country (in %), 2024
  • Figure 80: Middle East and Africa: Human Capital Management Market Forecast: Sales Value (in Million USD), 2025-2033
  • Figure 81: Global: Human Capital Management Industry: SWOT Analysis
  • Figure 82: Global: Human Capital Management Industry: Value Chain Analysis
  • Figure 83: Global: Human Capital Management Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Human Capital Management Market: Key Industry Highlights, 2024 and 2033
  • Table 2: Global: Human Capital Management Market Forecast: Breakup by Component (in Million USD), 2025-2033
  • Table 3: Global: Human Capital Management Market Forecast: Breakup by Deployment Type (in Million USD), 2025-2033
  • Table 4: Global: Human Capital Management Market Forecast: Breakup by Industry Verticals (in Million USD), 2025-2033
  • Table 5: Global: Human Capital Management Market Forecast: Breakup by Region (in Million USD), 2025-2033
  • Table 6: Global: Human Capital Management Market: Competitive Structure
  • Table 7: Global: Human Capital Management Market: Key Players