Talent management software enables the control and management of various aspects of HR actions and helps maintain employees’ details from the date of joining to the date of retirement. Moreover, talent management software incorporates HR activities such as performance management, career pathing management, succession planning, compensation management, assessment and other core HRsolutions, for instance payroll management and leave management. Talent management software helps to develop the productivity of HR staff by providing self-service web interfaces.
A rapid shift toward web-based applications and digitization is the major driver for the increased demand for software solutions, whereas the rate at which different industries are adopting talent management tools and solutions is further anticipated to result in the influx of new and enhanced tools in the marketplace.
The industry is expanding at a rapid rate owing to many reasons including extensive research and development activities, an optimistic investment landscape, and the increasing interest of large technological companies in the industry developments.
In 2018, the global Talent Management Software market size was 7860 million US$ and it is expected to reach 29700 million US$ by the end of 2025, with a CAGR of 18.1% during 2019-2025.
This report focuses on the global Talent Management Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Talent Management Software development in United States, Europe and China.
The key players covered in this study
Market segment by Type, the product can be split into
Employee Lifecycle Management
Learning and Training Management
Market segment by Application, split into
Small and Medium Business
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Talent Management Software status, future forecast, growth opportunity, key market and key players.
To present the Talent Management Software development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Talent Management Software are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.