Human Capital Management Market is predicted to reach USD 46.4 Billion by 2030

According to the study by Next Move Strategy Consulting, the global Human Capital Management Market size is predicted to reach USD 46.4 billion with a CAGR of 8.2% by 2030.

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The increase in the number of startups globally driven by the requirement for talent acquisition, employee management, and development solutions drives the demand for effective human resource management which fuels the market growth.

North America dominates the human capital management market share and is expected to continue to its dominance during the forecast period.

Various key players operating in the human capital management industry are Workday, Inc., Oracle Corporation, SAP SE (Societas Europaea), Paycom Software, Inc., Microsoft Corporation, Paylocity Holding Corporation, UKG Inc. (Ultimate Kronos Group), BambooHR LLC, Automatic Data Processing, Inc. (ADP) and Cornerstone.