
European HCM and Payroll Management Applications Market Forecast, 2021–2026
Description
European HCM and Payroll Management Applications Market Forecast, 2021–2026
This IDC Market Forecast document provides analysis and sizing of the European HCM and payroll management applications market for 2019–2021 and forecasts for 2022–2026. The study segments the combined human capital management (HCM) and payroll management applications market in Europe by function (HCM and payroll), deployment model (software as a service and on premises/other), and country and subregion (Western Europe and Central and Eastern Europe). “Human capital management and payroll management solutions are becoming crucial to businesses, as employees are redefining what constitutes a fulfilling job. Employee listening and engagement tools are becoming a ‘must have’ in larger companies’ HCM application ecosystems. Such solutions will markedly contribute to double-digit growth in the combined HCM and payroll management market segment over the next five years, despite inflation and geopolitical tensions.” — Senior Research Analyst Ivan Oz, Software, IDC Europe
Please Note: Extended description available upon request.
This IDC Market Forecast document provides analysis and sizing of the European HCM and payroll management applications market for 2019–2021 and forecasts for 2022–2026. The study segments the combined human capital management (HCM) and payroll management applications market in Europe by function (HCM and payroll), deployment model (software as a service and on premises/other), and country and subregion (Western Europe and Central and Eastern Europe). “Human capital management and payroll management solutions are becoming crucial to businesses, as employees are redefining what constitutes a fulfilling job. Employee listening and engagement tools are becoming a ‘must have’ in larger companies’ HCM application ecosystems. Such solutions will markedly contribute to double-digit growth in the combined HCM and payroll management market segment over the next five years, despite inflation and geopolitical tensions.” — Senior Research Analyst Ivan Oz, Software, IDC Europe
Please Note: Extended description available upon request.
Table of Contents
20 Pages
- IDC Market Forecast Figure
- Executive Summary
- Advice for Technology Suppliers
- Market Forecast
- European HCM and Payroll Management Applications Revenue, 2019–2021
- European HCM and Payroll Management Applications Forecast by Functional Market
- European HCM and Payroll Management Applications Market Forecast by Deployment Model
- European HCM and Payroll Management Applications Market Forecast by Subregion and Country
- HCM Applications Subsegment Forecast by Subregion and Country
- Payroll Management Applications Subsegment Forecast by Subregion and Country
- Market Context
- Drivers and Inhibitors
- Drivers
- The Growing Importance of Employee Experience
- New Breed of Vendors
- Inflation
- Inhibitors
- Economic Uncertainty
- Significant Market Developments
- Changes from Prior Forecast
- Market Definition
- Methodology
- Forecast Information Sources
- Forecasting Process
- Company-Level Data Collection
- Exchange Rates
- Additional Notes
- Related Research
Pricing
Currency Rates
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