DUBLIN, Apr. 23, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/77ttjb/talent_management) has announced the addition of the "Talent Management Software Market by Solution, by Services, by Deployment Mode, by Organization Size, by Verticals, and by Regions - Trends and Forecasts to 2019" report to their offering.
The Talent management software market is expected to grow from $5,270.3 million in 2014 to $11,367.0 million by 2019, at an estimated Compound Annual Growth Rate (CAGR) of 16.6% from 2014 to 2019. The key players in this market include Oracle, IBM, Cornerstone ondemand, Lumesse, Peoplefluent, Skillsoft, Saba software, and many others
The BFSI, IT and telecom and retail vertical is expected to account for the largest market share throughout the forecast period. However, there are a few revenue pockets, namely healthcare, government, education, manufacturing and media and entertainment that will witness significant growth in this period.
The inexorable rise in mobile device users and shifting customer growth of web-based social media has generated new avenues in the market. These advancements are considered and resulted in technological developments such as mobile apps, social networking have facilitated businesses with better communication and functionality.
The demand for cloud-based talent management software market is accelerating due to its cost-effective and easy deployment features. Hence, vendors in these markets are coming up with technologies and solutions to increase its adoption in Small and Medium Business (SMB) too. The market is quite competitive with the entry of niche players which provide innovative integration bridge for integrating various application and databases thereby increasing their market bargain capability among the large vendors. Though there is notable traction of talent management software in large enterprise, emergence of SaaS delivery models has increased its usage in SMB's too. Still there are certain apprehensions restraining the growth in the talent management software market. The foremost point is lack of adequate knowledge of software which leads to misuse and secondly the budget constraint.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Talent Management Software Market Analysis, By Solutions
8 Talent Management Software Market Analysis, By Services
9 Talent Management Software Market Analysis, By Deployment Mode
10 Talent Management Software Market Analysis, By Organization Size
11 Talent Management Software Market Analysis, By Vertical
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
- Halogen Software
- IBM Corporation
- Oracle Corporation
- SABA Software
- SAP Successfactors
For more information visit http://www.researchandmarkets.com/research/77ttjb/talent_management
Media Contact: Laura Wood , +353-1-481-1716, [email protected]
SOURCE Research and Markets