Press release
Talent Management Software Market Size, Demand, Outlook, Key player Analysis and Opportunity till 2026
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Talent management software (TMS) is designed to manage talent throughout the employment lifecycle. This process includes talent hiring, development throughout the tenure and rewards. Talent management is crucial for an organization's workforce as it ensures maximum productivity from the hired personnel. There are five pillars of talent management, including recruitment, learning, performance management, compensation and succession planning. TMS focuses on the skillsets and adapts an employee-centric methodology for efficient goal accomplishment.
Market Trends and Drivers:
The global market is primarily driven by the widespread adoption of software-as-a-service (SaaS) by organizations across sectors. In line with this, the corporate sector is widely utilizing for identifying talent from the talent pool and retaining the existing talent within an organizational setup. Moreover, the rising need of performance management and global communication within an organization is further driving the demand for TMS. Other factors, including the rising requirement for improved employee productivity and satisfaction and escalating focus on effective decision-making in the hiring process, are the global talent management software market growth further.
Talent Management Software (TMS) Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the talent management software market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Cornerstone Ondemand Inc.
International Business Machines Corporation
Workday Inc.
Talentsoft
Ultimate Software
Skillsoft Corporation
Talentguard Inc.
Oracle Corporation
SilkRoad Technology
Key Market Segmentation:
The report has segmented the global talent management software market on the basis of region, component, deployment type, end user and vertical.
Breakup by Component:
Solutions
Workforce Planning
Learning Management
Compensation Management
Talent Acquisition
Performance Management
Services
Professional Services
Training and Education
Support and Maintenance
Breakup by Deployment Type:
On-premises
Cloud-based
Breakup by End User:
Small and Medium Enterprises
Large Enterprises
Breakup by Vertical:
BFSI
Healthcare
IT and Telecom
Retail
Manufacturing
Education
Government
Media and Entertainment
Others
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2316&flag=C
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US:
IMARC Group
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Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
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The global talent management market to grow from USD 6.46 billion in 2016 to USD 17.57 billion by 2023, at a CAGR of 15.37%. The year 2016 has been considered as the base year, while the forecast period is up-to 2023.
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