Global Talent Management Software Market 2014-2018
- ID: 2757610
- January 2014
- Region: Global
- 65 Pages
The analysts forecast the Global Talent Management Software market to grow at a CAGR of 17.59 percent over the period 2013-2018. One of the key factors contributing to this market growth is the need to streamline HR functions. The Global Talent Management Software market has also been witnessing the increasing popularity of cloud computing technology. However, the difficulty in selecting the right vendor could pose a challenge to the growth of this market.
The report, the Global Talent Management Software Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Talent Management Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space are IBM Corp., Oracle Corp., SAP AG, and SumTotal Systems Inc.
Other vendors mentioned in the report are Cornerstone OnDemand, Halogen Software Inc., HRsmart Talent Management Human Resources Software, iCIMS Inc., Infor Global Solutions, Lumesse Ltd., Peoplefluent Inc., Saba Software Inc., SilkRoad Technology Inc., Ultimate Software Inc., and Workday Inc.
Key questions answered in this report:
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
06. Market Landscape
06.1 Market Overview
06.2 Market Size and Forecast
06.3 Five Forces Analysis
07. Market Segmentation by Deployment Model
08. Market Segmentation by Applications
08.1 Talent Management Applications
08.1.1 Learning Management
08.1.2 Talent Acquisition
08.1.3 Performance, Succession, and Compensation Management
08.2 Market Segmentation by Applications 2013
08.3 Market Segmentation by Applications 2013-2018
09. TechNavio Survey Results
10. Geographical Segmentation
11. Key Leading Countries
12. Buying Criteria
13. Market Growth Drivers
14. Drivers and their Impact
15. Market Challenges
16. Impact of Drivers and Challenges
17. Market Trends
18. Trends and their Impact
19. Vendor Landscape
19.1 Competitive Scenario
19.2 Top 10 Talent Management Software Providers 2013
19.3 Other Prominent Vendors
20. Key Vendor Analysis
20.1 IBM Corp.
20.1.1 Business Overview
20.1.2 Business Segmentation
20.1.3 Revenue Segmentation
20.1.4 Key Information
20.2 Oracle Corp.
20.2.1 Business Overview
20.2.2 Business Segmentation of Oracle Corp.
20.2.3 Revenue Segmentation
20.2.4 Key Information
20.3 SAP AG
20.3.1 Business Overview
20.3.2 Business Segmentation of SAP AG
20.3.3 Key Information
20.3.4 SWOT Analysis
20.4 SumTotal Systems Inc.
20.4.1 Business Overview
20.4.2 Key Information
20.4.3 SWOT Analysis
21. Other Reports in this Series
List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Talent Management Lifecycle
Exhibit 3: Global Talent Management Software Market 2013-2018 (US$ billion)
Exhibit 4: Criteria for End-users to Choose between On-premise and On-demand
Exhibit 5: Global Talent Management Software Market by Applications 2013
Exhibit 6: Global Talent Management Software Market by Applications 2013-2018
Exhibit 7: Enterprises Interested in Buying Talent Management Software
Exhibit 8: Global Talent Management Software Market by Geographical Segmentation 2013
Exhibit 9: Top 10 Vendors in the Global Talent Management Software Market 2013
Exhibit 10: Business Segmentation of IBM Corp.
Exhibit 11: Revenue Segmentation by Geography 2013
Exhibit 12: Business Segmentation of Oracle Corp.
Exhibit 13: Revenue Segmentation by Geography 2013
Exhibit 14: Revenue Segmentation by Segments 2013
Exhibit 15: Business Segmentation of SAP AG
Exhibit 16: Revenue Segmentation by Geography 2013
Commenting on the report, an analyst from the team said: “In recent years, the high adoption of cloud computing technology by enterprises has been one of the emerging trends in the Global Talent Management Software market. Cloud-based talent management software acts as an infrastructure design with a higher potential than traditional talent management deployment methods. Thus, organizations can use their private cloud for supporting their HR analytics. The budget constraints for IT, insufficient time to build in-house software, and cost advantages attached to hosted or on-demand software subscriptions are the primary factors responsible for the increased adoption of cloud-based talent management solutions by enterprises. In addition, cloud services do not have overhead costs of space, power, and cooling that are generally incurred with the deployment of traditional in-house talent management solutions. Hence, the growing popularity of cloud computing technology is a recent trend that is expected to auger well for the growth of the market during the forecast period.”
According to the report, one of the major drivers in this market is the need to streamline HR functions. Talent management software helps to streamline HR activities and improve the operational efficiency of an organization. Management tools have been gaining prominence in organizations; moreover, talent management applications provide the right kind of solutions to the growing administrative concerns of a company's HR division.
Further, the report states that the difficulty in selecting the right vendor is one of the major challenges confronting this market. The evaluation and selection of talent management software is a time-consuming process because of its complexity. Organizations have to ensure that the talent management software is able to link directly to their existing HR software applications and share uninterrupted data.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.