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(Wireless-NewsWire.Com, March 24, 2018 ) Extensive market research carried out by the analysts at Publisher has shown that the global market for talent management software will grow at a CAGR of almost 10% by 2020. The rising demand for automated recruitment processes will aid in the strong growth of this market during the estimated period. Since recruitment is one of the key modules included in the talent management software, an increase in the global demand for automated recruitment processes will spur the growth of the global talent management software market during the next four years.
Additionally, factors such as the proliferation of mobile devices and the augmented use of mobile apps for talent management are also expected to result in the growth of this market during the estimated period. The rising utilization of mobile devices such as smartphones and tablets in the HR processes and talent management is encouraging vendors to launch HR-specific mobile apps or mobile-friendly websites. Furthermore, with the recent increasing usage of mobile devices by candidates for job applications, recruiters have been compelled to utilize mobile devices to post job notifications. Mobile devices allow candidates to connect with recruiters anytime and anywhere.
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Competitive landscape and key vendors
The market is highly competitive as the existing players in this market are continually competing to gain a greater market share. However, factors such as intense competition, rapid advances in technology, and frequent changes in consumer preferences pose a significant challenge to market vendors.
Top players in this market are -
Cornerstone OnDemand
Halogen Software
Lumesse
SAP SuccessFactors
Oracle
Other prominent vendors in this market are Acendre, BambooHR, Infor, Performly, PeopleFluent, Ultimate, Vector Capital, Willis Towers Watson, and Workday.
Other prominent vendors in the Talent Management Software market in ANZ include Amzon Web Services (AWS), Australian Data Centre, Australian Pacific Data Centres (APDC), Canberra Data Centres, Google, Interactive, Macquarie Telecom Group, Microsoft, NTT Communications, Pierdc, Polaris Data Centre, Rackspace, Sungard Availability Services, Syncom, Telstra, Verizon Enterprise, Vocus Communications, and YourDC.
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Five forces analysis
PART 07: Market segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
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