Global Compensation Software Market 2020-2030 by Offering (Service, Solution), Deployment Mode (Cloud, On Premises), End User, Industry Vertical, and Region: Trend Forecast and Growth Opportunity

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  • Global compensation software market will reach $1,599.8 billion by 2030, growing by 8.5% annually over 2020-2030 driven by rising adoption of automated and digital HR technology, increasing popularity of compensation software amongst organizations.

    Highlighted with 85 tables and 80 figures, this 173-page report “Global Compensation Software Market 2020-2030 by Offering (Service, Solution), Deployment Mode (Cloud, On Premises), End User, Industry Vertical, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global compensation software market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

    In-depth qualitative analyses include identification and investigation of the following aspects:

    • Market Structure

    • Growth Drivers

    • Restraints and Challenges

    • Emerging Product Trends & Market Opportunities

    • Porter’s Fiver Forces

    The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global compensation software market in every aspect of the classification from perspectives of Offering, Deployment Mode, End User, Industry Vertical, and Region.

    Based on Offering, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.

    Service

    • Managed Services

    • Professional Services (further segmented into Design and Implementation, Consulting, Training and Education, Support and Maintenance)

    Solution

    Based on Deployment Mode, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.

    • Cloud Based Product

    • On Premises Product

    Based on End User, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.

    • Large Enterprises

    • SMEs

    • Educational Organizations

    • Government Institutions

    Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.

    • Government

    • BFSI

    • Manufacturing Industry

    • IT and Telecom

    • Retail Industry

    • Energy and Utilities

    • Healthcare Industry

    • Education

    • Other Verticals

    Geographically, the following regions together with the listed national/local markets are fully investigated:

    • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

    • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)

    • North America (U.S., Canada, and Mexico)

    • South America (Brazil, Chile, Argentina, Rest of South America)

    • RoW (Israel, UAE, South Africa)

    For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Offering, Deployment Mode, and Industry Vertical over the forecast years are also included.

    The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

    Specifically, potential risks associated with investing in global compensation software market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

    Key Players (this may not be a complete list and extra companies can be added upon request):

    ADP

    Beqom

    Bullseye Engagement LLC

    Cornerstone

    CuroComp

    CWS Software

    Decusoft

    Greytip Software

    Halogen Software

    HRToolbench

    IBM.

    Nitso Technologies

    Oracle Corporation

    PayScale, Inc.

    PeopleTicker

    Saba Software Inc.

    SAP Success Factors

    SecureSheet

    The Ultimate Software Group, Inc.

    Willis Towers Watson

    Workday

    (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

     

  • With tables and figures helping analyze worldwide Global Compensation Software market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.


    1 Introduction 8

    1.1 Industry Definition and Research Scope 8

    1.1.1 Industry Definition 8
    1.1.2 Research Scope 9

    1.2 Research Methodology 12

    1.2.1 Overview of Market Research Methodology 12
    1.2.2 Market Assumption 13
    1.2.3 Secondary Data 13
    1.2.4 Primary Data 13
    1.2.5 Data Filtration and Model Design 15
    1.2.6 Market Size/Share Estimation 16
    1.2.7 Research Limitations 17

    1.3 Executive Summary 18


    2 Market Overview and Dynamics 21

    2.1 Market Size and Forecast 21

    2.1.1 Impact of COVID-19 on the Market 23

    2.2 Major Growth Drivers 25

    2.3 Market Restraints and Challenges 28

    2.4 Emerging Opportunities and Market Trends 31

    2.5 Porter’s Fiver Forces Analysis 35


    3 Segmentation of Global Market by Offering 39

    3.1 Market Overview by Offering 39

    3.2 Service 41

    3.2.1 Managed Services 42
    3.2.2 Professional Services 43

    3.3 Solution 45


    4 Segmentation of Global Market by Deployment Mode 46

    4.1 Market Overview by Deployment Mode 46

    4.2 Cloud Based Product 48

    4.3 On Premises Product 49


    5 Segmentation of Global Market by End User 50

    5.1 Market Overview by End User 50

    5.2 Large Enterprises 52

    5.3 SMEs 53

    5.4 Educational Organizations 54

    5.5 Government Institutions 55


    6 Segmentation of Global Market by Industry Vertical 56

    6.1 Market Overview by Industry Vertical 56

    6.2 Government 58

    6.3 BFSI 59

    6.4 Manufacturing Industry 60

    6.5 IT and Telecom 61

    6.6 Retail Industry 62

    6.7 Energy and Utilities 63
    6.8 Healthcare Industry 64
    6.9 Education 66
    6.10 Other Verticals 67

    7 Segmentation of Global Market by Region 68

    7.1 Geographic Market Overview 2019-2030 68

    7.2 North America Market 2019-2030 by Country 72

    7.2.1 Overview of North America Market 72
    7.2.2 U.S. 76
    7.2.3 Canada 80
    7.2.4 Mexico 82

    7.3 European Market 2019-2030 by Country 84

    7.3.1 Overview of European Market 84
    7.3.2 Germany 88
    7.3.3 UK 90
    7.3.4 France 92
    7.3.5 Spain 94
    7.3.6 Italy 96
    7.3.7 Russia 98
    7.3.8 Rest of European Market 100

    7.4 Asia-Pacific Market 2019-2030 by Country 102

    7.4.1 Overview of Asia-Pacific Market 102
    7.4.2 Japan 106
    7.4.3 China 109
    7.4.4 Australia 111
    7.4.5 India 113
    7.4.6 South Korea 115
    7.4.7 Rest of APAC Region 117

    7.5 South America Market 2019-2030 by Country 119

    7.5.1 Argentina 122
    7.5.2 Brazil 124
    7.5.3 Chile 126
    7.5.4 Rest of South America Market 128

    7.6 MEA Market 2019-2030 by Country 129

    7.6.1 UAE 132
    7.6.2 Saudi Arabia 134
    7.6.3 South Africa 136
    7.6.4 Other National Markets 138

    8 Competitive Landscape 139

    8.1 Overview of Key Vendors 139

    8.2 New Product Launch, Partnership, Investment, and M&A 144

    8.3 Company Profiles 145

    ADP 145
    Beqom 147
    Bullseye Engagement LLC 148
    Cornerstone 149
    CuroComp 150
    CWS Software 151
    Decusoft 152
    Greytip Software 153
    Halogen Software 154
    HRToolbench 155
    IBM. 156
    Nitso Technologies 157
    Oracle Corporation 158
    PayScale, Inc. 159
    PeopleTicker 160
    Saba Software Inc. 161
    SAP Success Factors 162
    SecureSheet 163
    The Ultimate Software Group, Inc. 164
    Willis Towers Watson 165
    Workday 166

    9 Investing in Global Market: Risk Assessment and Management 167

    9.1 Risk Evaluation of Global Market 167

    9.2 Critical Success Factors (CSFs) 170

    Related Reports and Products 173

     

  • The Global Compensation Software Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
        By Type:
          By Application:
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          Research objectives

          Where will all these developments take the industry in the long

          To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

          What are the future opportunities in the market?

          To understand the structure of Market by identifying its various subsegments.

          What are the major driving forces expected to impact the development of the market market across different regions?

          To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

          Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

          To project the consumption of market submarkets, with respect to key regions.

          Who are the major driving forces expected to decide the fate of the industry worldwide.

          To strategically profile the key players and comprehensively analyze their growth strategies.

          What are the key barriers and threats believed to hinder the development of the industry?

          To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

          Who are the prominent market players making a mark in the market with their winning strategies?

          To share detailed information about the key factors influencing the growth of the market

          What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

          Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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