+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Performance Management Systems - Global Market Trajectory & Analytics

  • ID: 2228059
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Actus™ Software
  • Halogen Software Inc.
  • Kronos
  • Oracle Corporation
  • SAP SuccessFactors
  • Talentsoft
  • MORE
Global Performance Management Systems Market to Reach $7.1 Billion by 2027

Amid the COVID-19 crisis, the global market for Performance Management Systems estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$7.1 Billion by 2027, growing at a CAGR of 7.3% over the period 2020-2027.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 11.1% CAGR

The Performance Management Systems market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 11.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 6.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR.

Select Competitors (Total 75 Featured):
  • Actus™ Software
  • ADP LLC
  • Cornerstone OnDemand Inc.
  • Halogen Software Inc.
  • IBM Corp.
  • Jazz
  • Kronos
  • Lumesse
  • NetDimensions Ltd.
  • Oracle Corporation
  • Peoplefluent
  • Saba Software Inc.
  • SAP SuccessFactors
  • SAS Institute Inc.
  • SumTotal Systems LLC
  • Talentsoft
  • Ultimate Software Group Inc.
  • Workday Inc.
  • Zoho Corporation
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Actus™ Software
  • Halogen Software Inc.
  • Kronos
  • Oracle Corporation
  • SAP SuccessFactors
  • Talentsoft
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Performance Management: An Introductory Prelude
  • Recent Market Activity
  • Expanding Role of Performance Management in HRM Builds Market Momentum
  • Sustained Thrust towards Talent Management Generates Parallel Opportunities
  • Inadequacies of Traditional PM Model Create Fertile Environment for PM Systems
  • Key Benefits Offered Drive Adoption of PM Systems
  • Align Business Objectives and Employee Goals
  • Identify and Fix Gaps in Staff Training Programs
  • Deal with Operational Inefficiencies Curtailing Workforce Performance
  • Cost Reductions
  • Positive Economic Scenario to Extend Growth Opportunities
  • Global Market Outlook
  • Developed Regions Remain Key Revenue Contributors
  • Developing Markets: Hot Spots for Future Growth
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Actus™ Software (UK)
  • ADP, LLC (USA)
  • Cornerstone OnDemand, Inc. (USA)
  • Halogen Software Inc. (Canada)
  • IBM Corporation (USA)
  • Jazz (USA)
  • Kronos (USA)
  • Lumesse (UK)
  • NetDimensions Ltd. (Hong Kong)
  • Oracle Corporation (USA)
  • Peoplefluent (USA)
  • Saba Software, Inc. (USA)
  • SAP SuccessFactors (USA)
  • SAS Institute, Inc. (USA)
  • SumTotal Systems, LLC (USA)
  • Talentsoft (France)
  • Ultimate Software Group, Inc. (USA)
  • Workday, Inc. (USA)
  • Zoho Corporation (USA)
3. MARKET TRENDS & DRIVERS
  • Enterprises Prioritize Performance Management amid Mounting Challenges in Business Operations
  • Ongoing Changes in Organizational Structure Develop a Business Case for PM Systems
  • Enterprises Focus on Fully-Configured PM Systems
  • Large Enterprises & MNCs Constitute the Key End-Use Market
  • Small- & Mid-Sized Businesses (SMBs): Lucrative Consumer Segment
  • PM Technologies to Penetrate Vast Government Sector
  • Improved Employee Engagement Made Possible by PM System
  • Seamless Two-Sided Workplace Engagement
  • PM System Enables Performance Improvement through Real-Time Feedback
  • Automated Reporting Facilitates Seamless Employee Improvement Processes
  • PM Technologies Aid in 360-Degree Reviews
  • Performance Appraisal Made Easier with PM System
  • Enterprises Leverage PM Systems for Targeted Employee Development
  • PM Technologies Allow Product Quality & Customer Service Improvements
  • In-Depth Analytics Generate Substantial Interest in PM Systems
  • Performance Metrics Augment Analytics
  • Cloud-based SaaS Model Fuels Market Momentum
  • Declining Trend in On-Premise PM Systems Market
  • Mobile-Compatibility: The Ongoing Trend
  • Uptrend in Enterprise Mobility Instigates Demand for Mobile-Friendly PM Technologies
  • BYOD Funnels Momentum in Enterprise Mobility
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Current & Future Analysis for Performance Management Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Performance Management Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Performance Management Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027
III. MARKET ANALYSIS
  • UNITED STATES
  • Table 4: USA Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 5: USA Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • CANADA
  • Table 6: Canada Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 7: Canada Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • JAPAN
  • Table 8: Japan Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 9: Japan Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • CHINA
  • Table 10: China Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 11: China Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • EUROPE
  • Table 12: Europe Current & Future Analysis for Performance Management Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 13: Europe Historic Review for Performance Management Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 14: Europe 15-Year Perspective for Performance Management Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2012, 2020 & 2027
  • FRANCE
  • Table 15: France Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 16: France Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • GERMANY
  • Table 17: Germany Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 18: Germany Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ITALY
  • Table 19: Italy Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 20: Italy Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • UNITED KINGDOM
  • Table 21: UK Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 22: UK Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SPAIN
  • Table 23: Spain Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 24: Spain Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • RUSSIA
  • Table 25: Russia Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 26: Russia Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF EUROPE
  • Table 27: Rest of Europe Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 28: Rest of Europe Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ASIA-PACIFIC
  • Table 29: Asia-Pacific Current & Future Analysis for Performance Management Systems by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 30: Asia-Pacific Historic Review for Performance Management Systems by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 31: Asia-Pacific 15-Year Perspective for Performance Management Systems by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2012, 2020 & 2027
  • AUSTRALIA
  • Table 32: Australia Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 33: Australia Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • INDIA
  • Table 34: India Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 35: India Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SOUTH KOREA
  • Table 36: South Korea Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 37: South Korea Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF ASIA-PACIFIC
  • Table 38: Rest of Asia-Pacific Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 39: Rest of Asia-Pacific Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • LATIN AMERICA
  • Table 40: Latin America Current & Future Analysis for Performance Management Systems by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 41: Latin America Historic Review for Performance Management Systems by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 42: Latin America 15-Year Perspective for Performance Management Systems by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2012, 2020 & 2027
  • ARGENTINA
  • Table 43: Argentina Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 44: Argentina Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • BRAZIL
  • Table 45: Brazil Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 46: Brazil Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • MEXICO
  • Table 47: Mexico Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 48: Mexico Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF LATIN AMERICA
  • Table 49: Rest of Latin America Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 50: Rest of Latin America Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • MIDDLE EAST
  • Table 51: Middle East Current & Future Analysis for Performance Management Systems by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 52: Middle East Historic Review for Performance Management Systems by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • Table 53: Middle East 15-Year Perspective for Performance Management Systems by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2012, 2020 & 2027
  • IRAN
  • Table 54: Iran Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 55: Iran Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • ISRAEL
  • Table 56: Israel Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 57: Israel Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • SAUDI ARABIA
  • Table 58: Saudi Arabia Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 59: Saudi Arabia Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • UNITED ARAB EMIRATES
  • Table 60: UAE Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 61: UAE Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • REST OF MIDDLE EAST
  • Table 62: Rest of Middle East Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 63: Rest of Middle East Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
  • AFRICA
  • Table 64: Africa Current & Future Analysis for Performance Management Systems by Segment - Performance Management Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 65: Africa Historic Review for Performance Management Systems by Segment - Performance Management Systems Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
IV. COMPETITION
  • Total Companies Profiled: 75
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Actus™ Software
  • ADP LLC
  • Cornerstone OnDemand Inc.
  • Halogen Software Inc.
  • IBM Corp.
  • Jazz
  • Kronos
  • Lumesse
  • NetDimensions Ltd.
  • Oracle Corporation
  • Peoplefluent
  • Saba Software Inc.
  • SAP SuccessFactors
  • SAS Institute Inc.
  • SumTotal Systems LLC
  • Talentsoft
  • Ultimate Software Group Inc.
  • Workday Inc.
  • Zoho Corporation
Note: Product cover images may vary from those shown
Adroll
adroll