
Human Capital Management market is highly competitive, rapidly changing, and significantly affected by new product introductions and the market activities of other industry participants. Human Capital Management providers face competition from the customers' internal information technology departments as well as Human Capital Management competitors. Human Capital Management service providers much provide a value-added product that is easy to install and cost effective.
Highlights
The global Human Capital Management (HCM) & Payroll market was valued at US$ 17460 million in 2022 and is anticipated to reach US$ 24750 million by 2029, witnessing a CAGR of 6.0% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market for Human Capital Management (HCM) & Payroll is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
Asia-Pacific market for Human Capital Management (HCM) & Payroll is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The global market for Human Capital Management (HCM) & Payroll in Small and Mediumsmall-sized Enterprises is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.
The key global companies of Human Capital Management (HCM) & Payroll include SAP, Automatic Data Processing (ADP), Ultimate Software Group, Linkedin (Microsoft), Oracle, Workday, Ceridian HCM, Kronos and Infor, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Human Capital Management (HCM) & Payroll, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Human Capital Management (HCM) & Payroll.
The Human Capital Management (HCM) & Payroll market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Human Capital Management (HCM) & Payroll market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Human Capital Management (HCM) & Payroll companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
SAP
Automatic Data Processing (ADP)
Ultimate Software Group
Linkedin (Microsoft)
Oracle
Workday
Ceridian HCM
Kronos
Infor
Cornerstone OnDemand
Paycom Software
Sage
Epicor Software
Accenture
Workforce Software
Zenefits
Ramco Systems
EPAY Systems
PeopleStrategy
Pachex
Microsoft
Intuit
Segment by Type
Human Capital Management (HCM)
HCM Payroll
HCM Payroll Tax Withholding
Segment by Application
Small and Mediumsmall-sized Enterprises
Large-sized Enterprises
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Human Capital Management (HCM) & Payroll companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Human Capital Management (HCM) & Payroll Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Human Capital Management (HCM)
1.2.3 HCM Payroll
1.2.4 HCM Payroll Tax Withholding
1.3 Market by Application
1.3.1 Global Human Capital Management (HCM) & Payroll Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Small and Mediumsmall-sized Enterprises
1.3.3 Large-sized Enterprises
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Human Capital Management (HCM) & Payroll Market Perspective (2018-2029)
2.2 Human Capital Management (HCM) & Payroll Growth Trends by Region
2.2.1 Global Human Capital Management (HCM) & Payroll Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Human Capital Management (HCM) & Payroll Historic Market Size by Region (2018-2023)
2.2.3 Human Capital Management (HCM) & Payroll Forecasted Market Size by Region (2024-2029)
2.3 Human Capital Management (HCM) & Payroll Market Dynamics
2.3.1 Human Capital Management (HCM) & Payroll Industry Trends
2.3.2 Human Capital Management (HCM) & Payroll Market Drivers
2.3.3 Human Capital Management (HCM) & Payroll Market Challenges
2.3.4 Human Capital Management (HCM) & Payroll Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Human Capital Management (HCM) & Payroll Players by Revenue
3.1.1 Global Top Human Capital Management (HCM) & Payroll Players by Revenue (2018-2023)
3.1.2 Global Human Capital Management (HCM) & Payroll Revenue Market Share by Players (2018-2023)
3.2 Global Human Capital Management (HCM) & Payroll Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Human Capital Management (HCM) & Payroll Revenue
3.4 Global Human Capital Management (HCM) & Payroll Market Concentration Ratio
3.4.1 Global Human Capital Management (HCM) & Payroll Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Human Capital Management (HCM) & Payroll Revenue in 2022
3.5 Human Capital Management (HCM) & Payroll Key Players Head office and Area Served
3.6 Key Players Human Capital Management (HCM) & Payroll Product Solution and Service
3.7 Date of Enter into Human Capital Management (HCM) & Payroll Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Human Capital Management (HCM) & Payroll Breakdown Data by Type
4.1 Global Human Capital Management (HCM) & Payroll Historic Market Size by Type (2018-2023)
4.2 Global Human Capital Management (HCM) & Payroll Forecasted Market Size by Type (2024-2029)
5 Human Capital Management (HCM) & Payroll Breakdown Data by Application
5.1 Global Human Capital Management (HCM) & Payroll Historic Market Size by Application (2018-2023)
5.2 Global Human Capital Management (HCM) & Payroll Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Human Capital Management (HCM) & Payroll Market Size (2018-2029)
6.2 North America Human Capital Management (HCM) & Payroll Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Human Capital Management (HCM) & Payroll Market Size by Country (2018-2023)
6.4 North America Human Capital Management (HCM) & Payroll Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Human Capital Management (HCM) & Payroll Market Size (2018-2029)
7.2 Europe Human Capital Management (HCM) & Payroll Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Human Capital Management (HCM) & Payroll Market Size by Country (2018-2023)
7.4 Europe Human Capital Management (HCM) & Payroll Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Human Capital Management (HCM) & Payroll Market Size (2018-2029)
8.2 Asia-Pacific Human Capital Management (HCM) & Payroll Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Human Capital Management (HCM) & Payroll Market Size by Region (2018-2023)
8.4 Asia-Pacific Human Capital Management (HCM) & Payroll Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Human Capital Management (HCM) & Payroll Market Size (2018-2029)
9.2 Latin America Human Capital Management (HCM) & Payroll Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Human Capital Management (HCM) & Payroll Market Size by Country (2018-2023)
9.4 Latin America Human Capital Management (HCM) & Payroll Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Human Capital Management (HCM) & Payroll Market Size (2018-2029)
10.2 Middle East & Africa Human Capital Management (HCM) & Payroll Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Human Capital Management (HCM) & Payroll Market Size by Country (2018-2023)
10.4 Middle East & Africa Human Capital Management (HCM) & Payroll Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 SAP
11.1.1 SAP Company Detail
11.1.2 SAP Business Overview
11.1.3 SAP Human Capital Management (HCM) & Payroll Introduction
11.1.4 SAP Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.1.5 SAP Recent Development
11.2 Automatic Data Processing (ADP)
11.2.1 Automatic Data Processing (ADP) Company Detail
11.2.2 Automatic Data Processing (ADP) Business Overview
11.2.3 Automatic Data Processing (ADP) Human Capital Management (HCM) & Payroll Introduction
11.2.4 Automatic Data Processing (ADP) Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.2.5 Automatic Data Processing (ADP) Recent Development
11.3 Ultimate Software Group
11.3.1 Ultimate Software Group Company Detail
11.3.2 Ultimate Software Group Business Overview
11.3.3 Ultimate Software Group Human Capital Management (HCM) & Payroll Introduction
11.3.4 Ultimate Software Group Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.3.5 Ultimate Software Group Recent Development
11.4 Linkedin (Microsoft)
11.4.1 Linkedin (Microsoft) Company Detail
11.4.2 Linkedin (Microsoft) Business Overview
11.4.3 Linkedin (Microsoft) Human Capital Management (HCM) & Payroll Introduction
11.4.4 Linkedin (Microsoft) Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.4.5 Linkedin (Microsoft) Recent Development
11.5 Oracle
11.5.1 Oracle Company Detail
11.5.2 Oracle Business Overview
11.5.3 Oracle Human Capital Management (HCM) & Payroll Introduction
11.5.4 Oracle Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.5.5 Oracle Recent Development
11.6 Workday
11.6.1 Workday Company Detail
11.6.2 Workday Business Overview
11.6.3 Workday Human Capital Management (HCM) & Payroll Introduction
11.6.4 Workday Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.6.5 Workday Recent Development
11.7 Ceridian HCM
11.7.1 Ceridian HCM Company Detail
11.7.2 Ceridian HCM Business Overview
11.7.3 Ceridian HCM Human Capital Management (HCM) & Payroll Introduction
11.7.4 Ceridian HCM Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.7.5 Ceridian HCM Recent Development
11.8 Kronos
11.8.1 Kronos Company Detail
11.8.2 Kronos Business Overview
11.8.3 Kronos Human Capital Management (HCM) & Payroll Introduction
11.8.4 Kronos Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.8.5 Kronos Recent Development
11.9 Infor
11.9.1 Infor Company Detail
11.9.2 Infor Business Overview
11.9.3 Infor Human Capital Management (HCM) & Payroll Introduction
11.9.4 Infor Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.9.5 Infor Recent Development
11.10 Cornerstone OnDemand
11.10.1 Cornerstone OnDemand Company Detail
11.10.2 Cornerstone OnDemand Business Overview
11.10.3 Cornerstone OnDemand Human Capital Management (HCM) & Payroll Introduction
11.10.4 Cornerstone OnDemand Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.10.5 Cornerstone OnDemand Recent Development
11.11 Paycom Software
11.11.1 Paycom Software Company Detail
11.11.2 Paycom Software Business Overview
11.11.3 Paycom Software Human Capital Management (HCM) & Payroll Introduction
11.11.4 Paycom Software Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.11.5 Paycom Software Recent Development
11.12 Sage
11.12.1 Sage Company Detail
11.12.2 Sage Business Overview
11.12.3 Sage Human Capital Management (HCM) & Payroll Introduction
11.12.4 Sage Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.12.5 Sage Recent Development
11.13 Epicor Software
11.13.1 Epicor Software Company Detail
11.13.2 Epicor Software Business Overview
11.13.3 Epicor Software Human Capital Management (HCM) & Payroll Introduction
11.13.4 Epicor Software Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.13.5 Epicor Software Recent Development
11.14 Accenture
11.14.1 Accenture Company Detail
11.14.2 Accenture Business Overview
11.14.3 Accenture Human Capital Management (HCM) & Payroll Introduction
11.14.4 Accenture Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.14.5 Accenture Recent Development
11.15 Workforce Software
11.15.1 Workforce Software Company Detail
11.15.2 Workforce Software Business Overview
11.15.3 Workforce Software Human Capital Management (HCM) & Payroll Introduction
11.15.4 Workforce Software Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.15.5 Workforce Software Recent Development
11.16 Zenefits
11.16.1 Zenefits Company Detail
11.16.2 Zenefits Business Overview
11.16.3 Zenefits Human Capital Management (HCM) & Payroll Introduction
11.16.4 Zenefits Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.16.5 Zenefits Recent Development
11.17 Ramco Systems
11.17.1 Ramco Systems Company Detail
11.17.2 Ramco Systems Business Overview
11.17.3 Ramco Systems Human Capital Management (HCM) & Payroll Introduction
11.17.4 Ramco Systems Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.17.5 Ramco Systems Recent Development
11.18 EPAY Systems
11.18.1 EPAY Systems Company Detail
11.18.2 EPAY Systems Business Overview
11.18.3 EPAY Systems Human Capital Management (HCM) & Payroll Introduction
11.18.4 EPAY Systems Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.18.5 EPAY Systems Recent Development
11.19 PeopleStrategy
11.19.1 PeopleStrategy Company Detail
11.19.2 PeopleStrategy Business Overview
11.19.3 PeopleStrategy Human Capital Management (HCM) & Payroll Introduction
11.19.4 PeopleStrategy Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.19.5 PeopleStrategy Recent Development
11.20 Pachex
11.20.1 Pachex Company Detail
11.20.2 Pachex Business Overview
11.20.3 Pachex Human Capital Management (HCM) & Payroll Introduction
11.20.4 Pachex Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.20.5 Pachex Recent Development
11.21 Microsoft
11.21.1 Microsoft Company Detail
11.21.2 Microsoft Business Overview
11.21.3 Microsoft Human Capital Management (HCM) & Payroll Introduction
11.21.4 Microsoft Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.21.5 Microsoft Recent Development
11.22 Intuit
11.22.1 Intuit Company Detail
11.22.2 Intuit Business Overview
11.22.3 Intuit Human Capital Management (HCM) & Payroll Introduction
11.22.4 Intuit Revenue in Human Capital Management (HCM) & Payroll Business (2018-2023)
11.22.5 Intuit Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
SAP
Automatic Data Processing (ADP)
Ultimate Software Group
Linkedin (Microsoft)
Oracle
Workday
Ceridian HCM
Kronos
Infor
Cornerstone OnDemand
Paycom Software
Sage
Epicor Software
Accenture
Workforce Software
Zenefits
Ramco Systems
EPAY Systems
PeopleStrategy
Pachex
Microsoft
Intuit
Ìý
Ìý
*If Applicable.
