The core HR software is referred to as central HR software or human capital management software that saves employee information in the central system of record. This software effectively performs various functions of the HR department such as employee recruitment scheduling, benefits administration, payroll, internal relations, employee training, and compliance and safety. This software is made for a variety of organizations to complete the HR department tasks and develop efficiency in the process. The core HR software collects, arranges, and manages the data of employees who are working in the organization. The employee data includes birth dates, employee addresses, social security numbers, national identification numbers, and other information about employees.
Top Company Profiles Include in Core HR Software Market report:
Automatic Data Processing (US),Ceridian HCM Inc. (Minneapolis),CoreHR (Ireland),EmployWise (India),International Business Machine (IBM) Corporation (US),Oracle Corporation (US),PaychexInc. (Rochester),Paycom Software Inc. (Oklahoma),SAP SE (Germany),SumTotal Systems LLC. (Gainesville),Ultimate Software (Weston),Workday Inc. (Pleasanton) and other major players.
“Global Core HR Software Market size was valued at USD 10.12 billion in 2021, and is projected to reach USD 17.51 billion by 2028, growing at a CAGR of 8.15% from 2022 to 2028.”.
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The latest research on the Core HR Software market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Core HR Software industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Core HR Software market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Segmentation of Core HR Software Market:
In market segmentation by Type, Core HR Software Market report covers:
Succession Planning,Pension Management,Learning Management,Personnel Management,Compliance Management,Benefits & Claims Management,Payroll & Compensation Management
In market segmentation by Industry Vertical, Core HR Software Market report covers:
Government,Manufacturing,Energy & Utilities,Consumer Goods & Retail,Healthcare & Life Sciences,Transportation & Logistics,BFSI,Others
Market share data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
Core HR Software Market Report contains market data from 2023 to 2030, which provides an overview of the market covering key drivers and risk factors. The report is segmented by top global manufacturers that mention sales, revenue and applicable prices. It also evaluates the competitive scenarios of key players. The report is expanded to include regional market data along with types and applications. This report forecasts sales and revenue from 2023 to 2030. Detailed sales channels are also covered in the study.
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