Global Talent Management Software Market 2023-2027

Global Talent Management Software Market 2023-2027

Technavio has been monitoring the talent management software market and is forecast to grow by $9153.38 mn during 2022-2027, accelerating at a CAGR of 11.26% during the forecast period. Our report on the talent management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by benefits associated with talent management software, rise in adoption of cloud-based talent management software, and the demand for efficiency in talent management and recruiting.

Technavio's talent management software market is segmented as below:

By DeploymentCloud-basedOn-premiseBy Business SegmentLarge enterpriseSmallMediumBy Geographical LandscapeNorth AmericaEuropeAPACSouth AmericaMiddle East and AfricaThis study identifies the rise in mobile-based talent management software as one of the prime reasons driving the talent management software market growth during the next few years. Also, the growing use of social media as a real-time data source for talent management software and strategic partnerships and collaborations among market participants will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the talent management software market covers the following areas:Talent management software market sizingTalent management software market forecastTalent management software market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading talent management software market vendors that include Accenture Plc, Automatic Data Processing Inc., Avalture Ltd., Bambee Inc., Bamboo HR LLC, Bullhorn Inc., Cegid SA, Ceipal Corp., Cornerstone OnDemand Inc., HireRoad, iCIMS Inc., International Business Machines Corp., Learning Technologies Group Plc, Oracle Corp., SAP SE, Skillsoft Corp., Talent Guard Inc., UKG Inc., Workday Inc., and Koch Industries Inc. Also, the talent management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.