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Worldwide Human Capital Management and Payroll Applications Forecast, 2024–2028

Publisher IDC
Published Oct 17, 2024
Length 20 Pages
SKU # IDC19255498

Description

Worldwide Human Capital Management and Payroll Applications Forecast, 2024–2028


This IDC study discusses the human capital management and payroll applications market for 2024–2028."Global markets for HCM and payroll applications and services continue to show strength as rising demand for operational adaptability strategies increasingly depends on business transformation around workforce considerations," says Zachary Chertok, research manager, Employee Experience. "Interim transformative markets are creating opportunities for certain segments over others as businesses move closer to platform data models that reexamine the workforce as an investment."

Table of Contents

20 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Data Extensibility Forms in the Core HR Layer

HR's Role Is Evolving into a Behavioral COE

HR Borders Are Expanding, But Remember the Influencers

Market Forecast

Market Context

Drivers and Inhibitors

Drivers

Digital Transformation Is Evolving into AI Transformation

Experimentation with AI and GenAI Will Grow, Advance, and Change Priorities

The Characteristics of Work Will Continue to Transform and Diversify

Inhibitors

IT Spend Scrutiny Will Grow as an Impact Factor for HR Technology

Regulations Will Continue to Increase in Variety and Variability

Significant Market Developments

Changes from Prior Forecast

Market Definition

Methodology

Notes, Sources, and Methodology for the IDC Forecast

Related Research

Pricing

Currency Rates
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