Global Core HR Software Market Overview

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.

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. The core HR software has been demanded by a variety of organizations such as manufacturing, consumer goods, and retail, government, transportation and logistics, IT, healthcare, and BFSI industries. Thus, their growing demand helps to increase the market for core HR software in the upcoming years.

Market Dynamics And Factors For Core HR Software Market

Drivers:

Growth and Expansion of Various End-Users and Rising Trend of Automation of Software Processes

Rising awareness regards the benefits of the core HR software with rising automation of the HR processes is a key factor that supports the growth of the market of core HR software. The growth and expansion of various end-users such as BFSI, retail and eCommerce, government, transportation and logistics, IT, travel, and hospitality, telecom, media and entertainment, and others. Furthermore, the growing urbanization, industrialization, mounting cloud, and mobile deployment are the factors responsible for the growth and expansion of various end-user verticals. For instance, Statista stated that in 2021, the number of SME enterprises in the world are 332.99 million. Additionally, the growing demand for data storage facilities and the rising adoption of workforce management systems. Thus, there is a need to automate the HR department for efficient human resource management. Therefore, it is anticipated to increase the demand for core HR software that propels the growth of the market.

Restraints:

The Dearth of Awareness and Technical Expertise

The lack of expert knowledge and technical expertise and less awareness about the new technology and ability in core HR software especially in underdeveloped economies is major factors that hamper the growth of the market. Furthermore, the initial investment cost is high and also deployment process is time-consuming that takes some time for the adoption rate of core HR software. Due to high acquisition and maintenance costs, it is not affordable for small and medium enterprises. These all factors restrict the growth of the core HR software market in the projected timeframe.

Opportunity:

Opportunity in Adoption of Advanced Technologies

The rising adoption of advanced technologies provides a lucrative opportunity for the market of core HR software. Technology helps to enhance productivity and employee of any organization can work from anywhere, at any time, and from any device. The growing adoption of cloud-based and mobile deployment services owing to their greater flexibility offers security to employee data and enhances the automation of the HR process. For instance, according to Statista, about 81% of companies use at least one cloud application in the year 2020. In addition to this, growing investment by market players in innovating new technology, and rising adoption of advanced data management systems. These all factors provide the remunerative opportunity for the core HR software market in the analysis period.

Segmentation Analysis Of Core HR Software Market

By Type, the compliance management segment is anticipated to have the highest market share in the core HR software during the analysis period. The compliance management system is an integrated system that consists of the process, policies, and practice that helps organizations to comply with regulatory and legal requirements. It is also designed for the management of consumer compliance risk. This system has fixed laws, and regulations assigned by various entities such as governments, employee unions, and industry bodies. The compliance management system offers various benefits to the organizations such as helping to maintain the workflow of business processes to minimize the risk, ensuring the security of the system through authentication, helping to estimate the risks in multiple areas, and collaborating with the American Bankers Association (ABA) policies. If working according to the guidelines of ABA, then it assists the organization in minimizing the number of liquidity and financial risks. Thus, their adoption is increasing among the various end-users and is support to the growth of the market of core HR software in the forecasted period.

By Industry Verticals, the BFSI segment has predicted maximum market share in the market of core HR software in the analysis period. The core HR software plays a crucial role in managing, attending, and executing different BFSI functions. This software effectively manages the people and various risks in the BFSI sectors. The growth of any bank is depending on the service provided, the degree of customer satisfaction, and different features that help to make them unique and different in the banking industry market. Thus, the installation of core HR software is necessary to meet customer expectations and for effective, smooth management of all banking applications and functions. The core HR software has a high adoption rate in the BFSI sectors to manage the financial data and complete the daily targets for daily updates propels the growth of the core HR software market in the analysis year.

Regional Analysis Of Core HR Software Market

North America is expected to be the dominant region in the core HR software market. This is owing to the adoption rate of new technology among the various sectors such as government, manufacturing, energy and utilities, consumer goods and retail, healthcare & life sciences, and transportation & logistics in this region. In this region, Canada and US are the dominating countries in the market for core HR software.  In addition to this, the growing use of core HR software, and the rising adoption of cloud platforms, and smartphones, enhance the focus on optimizing human resource operations and improving the firm’s HR functions, the new key players acquiring notable market share through flexible, different customized products assist to the make an HR process hassle-free. These all factors supported the growth of the market of core HR software over the forecast period in this region.

Asia Pacific is the second-dominated region in the core HR software market. This is due to the growing awareness regarding good HR personnel in developing countries like China and India, the adoption and digitalization of new technologies, a growing number of small and medium enterprises, and a growing interest in cloud-based business solutions. Additionally, massive adoption of core HR software in manufacturing, healthcare, government, energy and utilities, transportation & logistics, and consumer goods and retail sectors in this region. The rapid growth of the number of IT infrastructures in the APAC region with the increasing demand for analytical solutions. These all growth factors will boost the market for core HR software in this region in the upcoming years.

Europe has significant growth in the core HR software market. The rising adoption of core HR software in the SMEs and large enterprises in this region. The corporate sectors in this region are rapid increases. In COVID-19, growing the work-from-home facility helps to increase the market share of core HR software in the Europe region. Additionally, the adoption of advanced technology in the government, manufacturing, energy and utilities, consumer goods and retail, healthcare, and life sciences, transportation, and logistics sectors that propels the growth of the core HR software market in the Europe region during the analysis year.

Covid-19 Impact Analysis On Core HR Software Market

COVID-19 began in Wuhan (China) in December 2019 and has since rapidly grown around the globe. In terms of confirmed cases and reported deaths, the US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are among the countries that have been most severely impacted. Because of the lockdowns, travel restrictions, and business closures, COVID-19 has had an impact on the businesses and industries of numerous nations. Digital transportation is disturbed due to the covid-19 crisis but adoption of core HR management software rises because of work-from-home facilities. The human resource software and services containing talent management, workforce management, and payroll management has the maximum share during the pandemic year.   

Top Key Players Covered In Core HR Software Market

  • 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.

Key Industry Development In The Core HR Software Market

In December 2021, a global leader in HCM technology Ceridian declared the acquisition of ADAM HCM, a leading payroll and HCM company having customers in 33 countries across Central America, South America, and the Caribbean. This acquisition led position to Ceridian as an HCM provider in Latin America, Mexico, and Brazil.

In October 2021, a leading provider of HR technology, Empxtrack, launched a new version of its cloud-based HR software. This software provides many enhancements, technology innovations, and easy-to-use features that improve software usability and user experience.

Global Core HR Software Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 10.12 Bn.

Forecast Period 2022-28 CAGR:

8.15%

Market Size in 2028:

USD 17.51 Bn.

Segments Covered:

By Type

  • Succession Planning
  • Pension Management
  • Learning Management
  • Personnel Management
  • Compliance Management
  • Benefits & Claims Management
  • Payroll & Compensation Management

By Industry Vertical

  • Government
  • Manufacturing
  • Energy & Utilities
  • Consumer Goods & Retail
  • Healthcare & Life Sciences
  • Transportation & Logistics
  • BFSI
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Automation of Software Processes and Huge Growth in Digitization

Key Market Restraints:

  • Reluctance to the Adoption of HR Software and High Complexities with Legacy System

Key Opportunities:

  • Inclination of Organizations Towards HR Analytics

Companies Covered in the report:

  • Automatic Data Processing, Ceridian HCM Inc., CoreHR, EmployWise, International Business Machine, and Other major players.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Vehicle Type
 3.2 By Industry Vertical

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Core HR Software Market by Vehicle Type
 5.1 Core HR Software Market Overview Snapshot and Growth Engine
 5.2 Core HR Software Market Overview
 5.3 Succession Planning
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Succession Planning: Grographic Segmentation
 5.4 Pension Management
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Pension Management: Grographic Segmentation
 5.5 Learning Management
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Learning Management: Grographic Segmentation
 5.6 Personnel Management
  5.6.1 Introduction and Market Overview
  5.6.2 Historic and Forecasted Market Size (2016-2028F)
  5.6.3 Key Market Trends, Growth Factors and Opportunities
  5.6.4 Personnel Management: Grographic Segmentation
 5.7 Compliance Management
  5.7.1 Introduction and Market Overview
  5.7.2 Historic and Forecasted Market Size (2016-2028F)
  5.7.3 Key Market Trends, Growth Factors and Opportunities
  5.7.4 Compliance Management: Grographic Segmentation
 5.8 Benefits & Claims Management
  5.8.1 Introduction and Market Overview
  5.8.2 Historic and Forecasted Market Size (2016-2028F)
  5.8.3 Key Market Trends, Growth Factors and Opportunities
  5.8.4 Benefits & Claims Management: Grographic Segmentation
 5.9 Payroll & Compensation Management
  5.9.1 Introduction and Market Overview
  5.9.2 Historic and Forecasted Market Size (2016-2028F)
  5.9.3 Key Market Trends, Growth Factors and Opportunities
  5.9.4 Payroll & Compensation Management: Grographic Segmentation

Chapter 6: Core HR Software Market by Industry Vertical
 6.1 Core HR Software Market Overview Snapshot and Growth Engine
 6.2 Core HR Software Market Overview
 6.3 Government
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Government: Grographic Segmentation
 6.4 Manufacturing
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Manufacturing: Grographic Segmentation
 6.5 Energy & Utilities
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2016-2028F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Energy & Utilities: Grographic Segmentation
 6.6 Consumer Goods & Retail
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2016-2028F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Consumer Goods & Retail: Grographic Segmentation
 6.7 Healthcare & Life Sciences
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size (2016-2028F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Healthcare & Life Sciences: Grographic Segmentation
 6.8 Transportation & Logistics
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size (2016-2028F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Transportation & Logistics: Grographic Segmentation
 6.9 BFSI
  6.9.1 Introduction and Market Overview
  6.9.2 Historic and Forecasted Market Size (2016-2028F)
  6.9.3 Key Market Trends, Growth Factors and Opportunities
  6.9.4 BFSI: Grographic Segmentation
 6.10 Others
  6.10.1 Introduction and Market Overview
  6.10.2 Historic and Forecasted Market Size (2016-2028F)
  6.10.3 Key Market Trends, Growth Factors and Opportunities
  6.10.4 Others: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Positioning
  7.1.2 Core HR Software Sales and Market Share By Players
  7.1.3 Industry BCG Matrix
  7.1.4 Ansoff Matrix
  7.1.5 Core HR Software Industry Concentration Ratio (CR5 and HHI)
  7.1.6 Top 5 Core HR Software Players Market Share
  7.1.7 Mergers and Acquisitions
  7.1.8 Business Strategies By Top Players
 7.2 AUTOMATIC DATA PROCESSING
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Operating Business Segments
  7.2.5 Product Portfolio
  7.2.6 Business Performance
  7.2.7 Key Strategic Moves and Recent Developments
  7.2.8 SWOT Analysis
 7.3 CERIDIAN HCM INC.
 7.4 COREHR
 7.5 EMPLOYWISE
 7.6 INTERNATIONAL BUSINESS MACHINE
 7.7 (IBM) CORPORATION
 7.8 ORACLE CORPORATION
 7.9 PAYCHEX INC.
 7.10 PAYCOM SOFTWARE INC.
 7.11 SAP SE
 7.12 SUMTOTAL SYSTEMS LLC.
 7.13 ULTIMATE SOFTWARE
 7.14 WORKDAY INC
 7.15 OTHER MAJOR PLAYERS

Chapter 8: Global Core HR Software Market Analysis, Insights and Forecast, 2016-2028
 8.1 Market Overview
 8.2 Historic and Forecasted Market Size By Vehicle Type
  8.2.1 Succession Planning
  8.2.2 Pension Management
  8.2.3 Learning Management
  8.2.4 Personnel Management
  8.2.5 Compliance Management
  8.2.6 Benefits & Claims Management
  8.2.7 Payroll & Compensation Management
 8.3 Historic and Forecasted Market Size By Industry Vertical
  8.3.1 Government
  8.3.2 Manufacturing
  8.3.3 Energy & Utilities
  8.3.4 Consumer Goods & Retail
  8.3.5 Healthcare & Life Sciences
  8.3.6 Transportation & Logistics
  8.3.7 BFSI
  8.3.8 Others

Chapter 9: North America Core HR Software Market Analysis, Insights and Forecast, 2016-2028
 9.1 Key Market Trends, Growth Factors and Opportunities
 9.2 Impact of Covid-19
 9.3 Key Players
 9.4 Key Market Trends, Growth Factors and Opportunities
 9.4 Historic and Forecasted Market Size By Vehicle Type
  9.4.1 Succession Planning
  9.4.2 Pension Management
  9.4.3 Learning Management
  9.4.4 Personnel Management
  9.4.5 Compliance Management
  9.4.6 Benefits & Claims Management
  9.4.7 Payroll & Compensation Management
 9.5 Historic and Forecasted Market Size By Industry Vertical
  9.5.1 Government
  9.5.2 Manufacturing
  9.5.3 Energy & Utilities
  9.5.4 Consumer Goods & Retail
  9.5.5 Healthcare & Life Sciences
  9.5.6 Transportation & Logistics
  9.5.7 BFSI
  9.5.8 Others
 9.6 Historic and Forecast Market Size by Country
  9.6.1 U.S.
  9.6.2 Canada
  9.6.3 Mexico

Chapter 10: Europe Core HR Software Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Vehicle Type
  10.4.1 Succession Planning
  10.4.2 Pension Management
  10.4.3 Learning Management
  10.4.4 Personnel Management
  10.4.5 Compliance Management
  10.4.6 Benefits & Claims Management
  10.4.7 Payroll & Compensation Management
 10.5 Historic and Forecasted Market Size By Industry Vertical
  10.5.1 Government
  10.5.2 Manufacturing
  10.5.3 Energy & Utilities
  10.5.4 Consumer Goods & Retail
  10.5.5 Healthcare & Life Sciences
  10.5.6 Transportation & Logistics
  10.5.7 BFSI
  10.5.8 Others
 10.6 Historic and Forecast Market Size by Country
  10.6.1 Germany
  10.6.2 U.K.
  10.6.3 France
  10.6.4 Italy
  10.6.5 Russia
  10.6.6 Spain
  10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Core HR Software Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Vehicle Type
  11.4.1 Succession Planning
  11.4.2 Pension Management
  11.4.3 Learning Management
  11.4.4 Personnel Management
  11.4.5 Compliance Management
  11.4.6 Benefits & Claims Management
  11.4.7 Payroll & Compensation Management
 11.5 Historic and Forecasted Market Size By Industry Vertical
  11.5.1 Government
  11.5.2 Manufacturing
  11.5.3 Energy & Utilities
  11.5.4 Consumer Goods & Retail
  11.5.5 Healthcare & Life Sciences
  11.5.6 Transportation & Logistics
  11.5.7 BFSI
  11.5.8 Others
 11.6 Historic and Forecast Market Size by Country
  11.6.1 China
  11.6.2 India
  11.6.3 Japan
  11.6.4 Singapore
  11.6.5 Australia
  11.6.6 New Zealand
  11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Core HR Software Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Vehicle Type
  12.4.1 Succession Planning
  12.4.2 Pension Management
  12.4.3 Learning Management
  12.4.4 Personnel Management
  12.4.5 Compliance Management
  12.4.6 Benefits & Claims Management
  12.4.7 Payroll & Compensation Management
 12.5 Historic and Forecasted Market Size By Industry Vertical
  12.5.1 Government
  12.5.2 Manufacturing
  12.5.3 Energy & Utilities
  12.5.4 Consumer Goods & Retail
  12.5.5 Healthcare & Life Sciences
  12.5.6 Transportation & Logistics
  12.5.7 BFSI
  12.5.8 Others
 12.6 Historic and Forecast Market Size by Country
  12.6.1 Turkey
  12.6.2 Saudi Arabia
  12.6.3 Iran
  12.6.4 UAE
  12.6.5 Africa
  12.6.6 Rest of MEA

Chapter 13: South America Core HR Software Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Vehicle Type
  13.4.1 Succession Planning
  13.4.2 Pension Management
  13.4.3 Learning Management
  13.4.4 Personnel Management
  13.4.5 Compliance Management
  13.4.6 Benefits & Claims Management
  13.4.7 Payroll & Compensation Management
 13.5 Historic and Forecasted Market Size By Industry Vertical
  13.5.1 Government
  13.5.2 Manufacturing
  13.5.3 Energy & Utilities
  13.5.4 Consumer Goods & Retail
  13.5.5 Healthcare & Life Sciences
  13.5.6 Transportation & Logistics
  13.5.7 BFSI
  13.5.8 Others
 13.6 Historic and Forecast Market Size by Country
  13.6.1 Brazil
  13.6.2 Argentina
  13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

Global Core HR Software Market

Base Year:

2021

Forecast Period:

2022-2028

Historical Data:

2016 to 2020

Market Size in 2021:

USD 10.12 Bn.

Forecast Period 2022-28 CAGR:

8.15%

Market Size in 2028:

USD 17.51 Bn.

Segments Covered:

By Type

  • Succession Planning
  • Pension Management
  • Learning Management
  • Personnel Management
  • Compliance Management
  • Benefits & Claims Management
  • Payroll & Compensation Management

By Industry Vertical

  • Government
  • Manufacturing
  • Energy & Utilities
  • Consumer Goods & Retail
  • Healthcare & Life Sciences
  • Transportation & Logistics
  • BFSI
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Growing Automation of Software Processes and Huge Growth in Digitization

Key Market Restraints:

  • Reluctance to the Adoption of HR Software and High Complexities with Legacy System

Key Opportunities:

  • Inclination of Organizations Towards HR Analytics

Companies Covered in the report:

  • Automatic Data Processing, Ceridian HCM Inc., CoreHR, EmployWise, International Business Machine, and Other major players.

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. CORE HR SOFTWARE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. CORE HR SOFTWARE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. CORE HR SOFTWARE MARKET COMPETITIVE RIVALRY
TABLE 005. CORE HR SOFTWARE MARKET THREAT OF NEW ENTRANTS
TABLE 006. CORE HR SOFTWARE MARKET THREAT OF SUBSTITUTES
TABLE 007. CORE HR SOFTWARE MARKET BY VEHICLE TYPE
TABLE 008. SUCCESSION PLANNING MARKET OVERVIEW (2016-2028)
TABLE 009. PENSION MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 010. LEARNING MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 011. PERSONNEL MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 012. COMPLIANCE MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 013. BENEFITS & CLAIMS MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 014. PAYROLL & COMPENSATION MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 015. CORE HR SOFTWARE MARKET BY INDUSTRY VERTICAL
TABLE 016. GOVERNMENT MARKET OVERVIEW (2016-2028)
TABLE 017. MANUFACTURING MARKET OVERVIEW (2016-2028)
TABLE 018. ENERGY & UTILITIES MARKET OVERVIEW (2016-2028)
TABLE 019. CONSUMER GOODS & RETAIL MARKET OVERVIEW (2016-2028)
TABLE 020. HEALTHCARE & LIFE SCIENCES MARKET OVERVIEW (2016-2028)
TABLE 021. TRANSPORTATION & LOGISTICS MARKET OVERVIEW (2016-2028)
TABLE 022. BFSI MARKET OVERVIEW (2016-2028)
TABLE 023. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 024. NORTH AMERICA CORE HR SOFTWARE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 025. NORTH AMERICA CORE HR SOFTWARE MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 026. N CORE HR SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 027. EUROPE CORE HR SOFTWARE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 028. EUROPE CORE HR SOFTWARE MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 029. CORE HR SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 030. ASIA PACIFIC CORE HR SOFTWARE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 031. ASIA PACIFIC CORE HR SOFTWARE MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 032. CORE HR SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 033. MIDDLE EAST & AFRICA CORE HR SOFTWARE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA CORE HR SOFTWARE MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 035. CORE HR SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 036. SOUTH AMERICA CORE HR SOFTWARE MARKET, BY VEHICLE TYPE (2016-2028)
TABLE 037. SOUTH AMERICA CORE HR SOFTWARE MARKET, BY INDUSTRY VERTICAL (2016-2028)
TABLE 038. CORE HR SOFTWARE MARKET, BY COUNTRY (2016-2028)
TABLE 039. AUTOMATIC DATA PROCESSING: SNAPSHOT
TABLE 040. AUTOMATIC DATA PROCESSING: BUSINESS PERFORMANCE
TABLE 041. AUTOMATIC DATA PROCESSING: PRODUCT PORTFOLIO
TABLE 042. AUTOMATIC DATA PROCESSING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. CERIDIAN HCM INC.: SNAPSHOT
TABLE 043. CERIDIAN HCM INC.: BUSINESS PERFORMANCE
TABLE 044. CERIDIAN HCM INC.: PRODUCT PORTFOLIO
TABLE 045. CERIDIAN HCM INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. COREHR: SNAPSHOT
TABLE 046. COREHR: BUSINESS PERFORMANCE
TABLE 047. COREHR: PRODUCT PORTFOLIO
TABLE 048. COREHR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. EMPLOYWISE: SNAPSHOT
TABLE 049. EMPLOYWISE: BUSINESS PERFORMANCE
TABLE 050. EMPLOYWISE: PRODUCT PORTFOLIO
TABLE 051. EMPLOYWISE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. INTERNATIONAL BUSINESS MACHINE: SNAPSHOT
TABLE 052. INTERNATIONAL BUSINESS MACHINE: BUSINESS PERFORMANCE
TABLE 053. INTERNATIONAL BUSINESS MACHINE: PRODUCT PORTFOLIO
TABLE 054. INTERNATIONAL BUSINESS MACHINE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. (IBM) CORPORATION: SNAPSHOT
TABLE 055. (IBM) CORPORATION: BUSINESS PERFORMANCE
TABLE 056. (IBM) CORPORATION: PRODUCT PORTFOLIO
TABLE 057. (IBM) CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. ORACLE CORPORATION: SNAPSHOT
TABLE 058. ORACLE CORPORATION: BUSINESS PERFORMANCE
TABLE 059. ORACLE CORPORATION: PRODUCT PORTFOLIO
TABLE 060. ORACLE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. PAYCHEX INC.: SNAPSHOT
TABLE 061. PAYCHEX INC.: BUSINESS PERFORMANCE
TABLE 062. PAYCHEX INC.: PRODUCT PORTFOLIO
TABLE 063. PAYCHEX INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. PAYCOM SOFTWARE INC.: SNAPSHOT
TABLE 064. PAYCOM SOFTWARE INC.: BUSINESS PERFORMANCE
TABLE 065. PAYCOM SOFTWARE INC.: PRODUCT PORTFOLIO
TABLE 066. PAYCOM SOFTWARE INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. SAP SE: SNAPSHOT
TABLE 067. SAP SE: BUSINESS PERFORMANCE
TABLE 068. SAP SE: PRODUCT PORTFOLIO
TABLE 069. SAP SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. SUMTOTAL SYSTEMS LLC.: SNAPSHOT
TABLE 070. SUMTOTAL SYSTEMS LLC.: BUSINESS PERFORMANCE
TABLE 071. SUMTOTAL SYSTEMS LLC.: PRODUCT PORTFOLIO
TABLE 072. SUMTOTAL SYSTEMS LLC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. ULTIMATE SOFTWARE: SNAPSHOT
TABLE 073. ULTIMATE SOFTWARE: BUSINESS PERFORMANCE
TABLE 074. ULTIMATE SOFTWARE: PRODUCT PORTFOLIO
TABLE 075. ULTIMATE SOFTWARE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. WORKDAY INC: SNAPSHOT
TABLE 076. WORKDAY INC: BUSINESS PERFORMANCE
TABLE 077. WORKDAY INC: PRODUCT PORTFOLIO
TABLE 078. WORKDAY INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 079. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 080. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 081. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. CORE HR SOFTWARE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. CORE HR SOFTWARE MARKET OVERVIEW BY VEHICLE TYPE
FIGURE 012. SUCCESSION PLANNING MARKET OVERVIEW (2016-2028)
FIGURE 013. PENSION MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 014. LEARNING MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 015. PERSONNEL MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 016. COMPLIANCE MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 017. BENEFITS & CLAIMS MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 018. PAYROLL & COMPENSATION MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 019. CORE HR SOFTWARE MARKET OVERVIEW BY INDUSTRY VERTICAL
FIGURE 020. GOVERNMENT MARKET OVERVIEW (2016-2028)
FIGURE 021. MANUFACTURING MARKET OVERVIEW (2016-2028)
FIGURE 022. ENERGY & UTILITIES MARKET OVERVIEW (2016-2028)
FIGURE 023. CONSUMER GOODS & RETAIL MARKET OVERVIEW (2016-2028)
FIGURE 024. HEALTHCARE & LIFE SCIENCES MARKET OVERVIEW (2016-2028)
FIGURE 025. TRANSPORTATION & LOGISTICS MARKET OVERVIEW (2016-2028)
FIGURE 026. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 027. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 028. NORTH AMERICA CORE HR SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. EUROPE CORE HR SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. ASIA PACIFIC CORE HR SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. MIDDLE EAST & AFRICA CORE HR SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 032. SOUTH AMERICA CORE HR SOFTWARE MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Core HR Software Market research report?

The forecast period in the Core HR Software Market research report is 2022-2028.

Who are the key players in Core HR Software Market?

Automatic Data Processing (US), Ceridian HCM Inc. (Minneapolis), CoreHR (Ireland), EmployWise (India), International Business Machine (IBM) Corporation (US), Oracle Corporation (US), Paychex Inc. (Rochester), Paycom Software Inc. (Oklahoma), SAP SE (Germany), SumTotal Systems LLC. (Gainesville), Ultimate Software (Weston), Workday Inc. (Pleasanton), and other major players.

What are the segments of the Core HR Software Market?

The Core HR Software Market is segmented into Type, Industry Vertical, and region. By Type, the market is categorized into Succession Planning, Pension Management, Learning Management, Personnel Management, Compliance Management, Benefits & Claims Management, and Payroll & Compensation Management. By Industry Vertical, the market is categorized into Government, Manufacturing, Energy & Utilities, Consumer Goods & Retail, Healthcare & Life Sciences, Transportation & Logistics, BFSI, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Core HR Software Market?

The core HR software rise of the cloud and mobile deployment, increase in automation in all HR processes are the major drivers boosting the growth.

How big is the Core HR Software Market?

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.