Talent Management Software Market Showing Enormous Growth

Mohan.Pawar

Description

Talent Management Software Market worth $11,367.0 Million by 2019 The report³Talent Management Software(TMS)MarketbySolution(Talent Acquisition, Workforce Planning, Learning, Compensation, and Performance Management), by Services, byDeployment Mode, byOrganization Size, byVerticals, and byRegions 7UHQGV DQG )RUHFDVWV WR ´, segments theglobal market into solutions and services types, deployments models, organization sizes, and industry verticals along with in-depth analysis and revenue forecasts. It also identifies the drivers, restraints, and opportunitiesprevalent in the market and provides burning issues along with premium insights for the market. Browse 67 market data tables and 53 figures spread through 148pages and in-depth TOC on "Talent Management Software (TMS) Market bySolution (Talent Acquisition, Workforce Planning, Learning, Compensation, and Performance Management), by Services, byDeployment Mode, byOrganization Size, byVerticals, and byRegions 7UHQGV DQG )RUHFDVWV WR ´ http://www.marketsandmarkets.com/Market-Reports/talent-management-software-market- 58599319.html Early buyers will receive 10% customization on reports. The success of every organization is based on theperformance levels and caliber of the employees. Hence it is of utmost importance to identify, acquire and manage the talent base from the recruitmentpool.

Informations

• Publié par: mohanpawar
• Publié le: 03 janvier 2017
• Nombre de lectures: 1
• Langue: English

Extrait

Talent Management Software Market worth $11,367.0 Million by 2019

The report“Talent Management Software(TMS)MarketbySolution(Talent Acquisition, Workforce Planning, Learning, Compensation, and Performance Management), by Services, byDeployment Mode, byOrganization Size, byVerticals, and byRegions  Trends and Forecasts to 2019”, segments theglobal market into solutions and services types, deployments models, organization sizes, and industry verticals along with indepth analysis and revenue forecasts. It also identifies the drivers, restraints, and opportunitiesprevalent in the market and provides burning issues along with premium insights for the market.

Browse 67 market data tables and 53 figures spread through 148pages and indepth TOC on "Talent Management Software (TMS) Market bySolution (Talent Acquisition, Workforce Planning, Learning, Compensation, and Performance Management), by Services, byDeployment Mode, byOrganization Size, byVerticals, and byRegions  Trends and Forecasts to 2019” http://www.marketsandmarkets.com/MarketReports/talentmanagementsoftwaremarket 58599319.html Early buyers will receive 10% customization on reports.

The success of every organization is based on theperformance levels and caliber of the employees. Hence it is of utmost importance to identify, acquire and manage the talent base from the recruitmentpool. With the advent of information technology, various software solution providers have identified the need for solutions which would enable easy and efficient management of the talentpool for the HRpersonnel. Furthermore these solutions not onlyhelp in management of talent but also cover other functionalities such as recruitment,performance and appraisal management, training and others.

Talent management is more thanjust attracting and retaining talent. It is about building and enhancing employeepotential which automatically supports the organizations in meeting the goals and objectives. Thus building an organization’s capability to manage talent has allowed existing talent systems to be integrated and aggregated into one dashboardproviding companies with a single view of their aspects related to talent. The talent management software market has evolved very fast in thepast fewyears and is expected to be on a rise during the forecastyears. Companiesprovide end to end solutions which can be deployed on the cloud as well as onpremises in order to suit the client requirements. Furthermore, leadingmarketplayers in this marketprovide highlysolutions which fit the client needs customized giving them sharp edge efficiency for their talent management functionalities.

Talent management software has high adoption rate in large enterprise as theydata have support system and adequate capital thatpermit them to invest in this business optimizing software. Also, due to the increase of cloud adoption, the market of SMB’s in talent

management software is lookingquitepromising during the forecastperiod. The major challenges faced in this market are the integration across various talent management software. Lack of awareness and use of traditional methodologies are actingas a hurdle in thegrowth of the market. Hence, technical skills need to be incorporated amongthe software user to analyze the results well.

Further, the market remains to be competitive with the entryniche of players. Theseplayers provide innovative integrated software therebyincreasingtheir market bargain capabilityamong the large vendors. The major vendors in the Talent management software market are IBM, Oracle, Lumesse, Cornerstone on demand, People fluent, Sapfactor, and man Success y others.

The report also segments the market by subvertical: government, BFSI, retail, IT and telecom, manufacturing, retail, education, media and entertainment, and others(oil andgas, automotive, and energy andpower); and by region: North America, Europe, AsiaPacific, Middle East and Africa, and Latin America. The detailed analysis of the keyindustryplayers have been done to provide the insight on theirproduct and services, strategies, and recent developments associated with the talent management software market.

MarketsandMarkets forecasts that theglobal talent management software market is expected to grow from $5,270.3 million in 2014 to $11,367.0 million by2019, at a Compound Annual Growth Rate (CAGR) of 16.6%. In the current scenario, North America is expected to be the largest market on the basis of spending and adoption of talent management software.

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