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Global Talent Management Software 2009-2013
Infiniti Research Limited, Aug 2010, Pages: 23
Global Talent Management Software Market 2009-2013 report by Technavio Insights forecasts the Talent Management Software market to grow at a CAGR of 18.2 percent, with Americas (including North America and Latin America) witnessing highest growth rate.
The major growth drivers include:
- Increasing usage of talent management software in organizations, which provides the companies with maximum return on their employee investment and plays a major role in the growth and profitability of the company
- Rising need for integration of HR functions, which makes the companies integrate and automate their HR functions, processes and to improve workforce efficiency and productivity
- With increased focus on creating employee-centric culture which helps retain talent, the companies are implementing Talent Management Software for developing employee efficiency, satisfaction, morale and loyalty
However, the market is facing some challenges which can inhibit the growth. For example companies face considerable difficulties while integrating Human Resource Management Software (HRMS) with Talent Management Software. So companies using Traditional HRMS Solutions may shy away from the Talent Management Software. Another reason can be that the Talent Management Software technology is in its early phase to provide end to end solutions.
Global Talent Management Software market refers to an application that provides a complete set of tools to organizations in order to automate, monitor and analyze various HR tasks efficiently. This report analyzes Talent Management Software market’s recent performance and provides a worldwide market revenue and growth rates from 2009 through to 2013. It provides the market segmentation and forecasts for the market in each region (Americas, EMEA, APAC) for the period 2009 through to 2013.
The report includes comprehensive analysis of various trends and changes taking place in the Talent Management Software market around the globe. It explains the factors influencing market growth and also inhibitors preventing their adoption. This report also provides basic profiles of some of the leading vendors in the market.
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