Talent Management Software Market Trends, and Forecast 2018 - 2026

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Talent Management Software Market is Booming across the Globe, Explores the Latest Report By ajinkya

February 3, 2022

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According to a new market report published by Transparency Market Research, the global talent management software market is

expected to reach a value of US$ 12,211.9Mn by 2026, supported by rising adoption of compliance initiatives, improved operational efficiency, and controlled workflow. The market is projected to expand at a CAGR of 10.3% during the forecast period from 2018 to 2026.

Increasing demand for integrated talent management, growing trend of mobile workforce, coupled with multiple benefits offered by talent management software are encouraging the higher adoption of talent management software. In addition, rising penetration of mobile devices is boosting the global demand for mobile based talent management software. Asia Pacific is anticipated to be the fastest growing region for the market during the forecast period which is expected to be followed

by Europe. Talent management software is experiencing flourishing growth in terms of adoption across different industry verticals around the globe. Increase in the implementation of big data analytics and artificial intelligence offered by vendors is further contributing to the growth of the talent management software market.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample. php?flag=S&rep_id=3078 Growing list of HRM solution vendors likely to boost the growth of talent management solutions over the forecast period Adoption of talent management software by small and medium-sized enterprises (SMEs) is increasing mainly due to cost efficiency as well as limited capital investment required for subscription based (cloud) services. Installing talent management software in an organization for cost cutting and time savings (process optimization) is fuelling the growth of the market substantially with the trend expected to be maintained during the forecast period.

Talent Management Software Market: Scope of the Report

The talent management software market has been segmented on the basis of parameters such as deployment, enterprise size, solutions, enduse industry, and geographical regions. In terms of deployment, the market has been segmented into cloud, and on-premise software. The enterprise size segment includes small & medium enterprises (SME’s) and large enterprises. While considering the solutions based segmentation, the market has been divided into performance management analytics, career pathing management software, succession planning software, compensation management, and assessment software. In terms of end-user industry, the market has been segmented into BFSI, telecom and IT, government, healthcare, education, manufacturing, retail and others. The report covers the analysis of these segments across North America, Europe, Asia Pacific, Middle East &Africa, and South America, along with the qualitative analysis for market estimates supplementing the growth of the talent management software market during the forecast period. Education, healthcare, and BFSI segments are anticipated to experience lucrative growth opportunities in the market. In terms of adoption of talent management software, the BFSI sector is projected to expand at a CAGR of approximately 11.8% during the forecast period from 2018 to 2026.

North America and Europe collectively accounted for more than 50% of the global market share in 2017, with North America holding larger share of the market. Technological developments and relatively higher maturity in terms of technology penetration are major drivers of the talent management software market in North America. Within the Europe talent management software market, Germany held the largest revenue share in 2017, closely followed by the U.K. Asia Pacific, which includes China, India, Japan, and Rest of Asia Pacific, is expected to witness the fastest growth during the forecast period attributed to the rapid technological developments in various industry verticals across different countries. Moreover, several emerging economies in the region experiencing growth in their infrastructure which covers the

region experiencing growth in their infrastructure which covers the government sector, IT sector, law firms, chemical industry and others is further supporting the talent management software market growth in this region.

Global Talent Management Software Market: Competitive Dynamics The research study includes profiles of leading companies operating in the global talent management software market. Some of the key players profiled in the report include Cornerstone OnDemand, Inc., Halogen Software, Inc., HireIQ, IBM Corporation, SumTotal, Lumesse, Synergita, Oracle Corporation, PeopleFluent, Saba Software, Inc, SAP SE, Paylocity, Talentguard, and ELMO Cloud HR & Payroll.

The global talent management software market is segmented as below: Global Talent Management Software Market, by Deployment On-Premise Cloud Global Talent Management Software Market, by Enterprise Size SMEs Large Enterprises Global Talent Management Software Market, by Solution Performance Management Analytics Career Pathing Management Software Succession Planning Software Compensation Management Assessment Software

Purchase our Premium Research Report at: https://www.transparencymarketresearch.com/checkout.php? rep_id=3078&ltype=S Global Talent Management Software Market, by Industry BFSI Telecom and IT Government Healthcare Education Manufacturing Retail Others About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology,

our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact Transparency Market Research Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com

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