Global Core HR Software Market

Global Core HR Software Market – Industry Trends and

Forecast to 2026

Global core HR software market is estimated to rise by 2026,

registering a healthy CAGR of 11.2% in the forecast period of 2019-
2026. This rise in market value can be attributed to the Increase in
demand of cloud technology and mobile deployment, adoption of
software to decrease labour cost, improve productivity and rising
automated HR processes

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 Report Description

Human resource software serves the basic functions of HR

department. The software captures the data of the employee in a
centralized database. Such database collects information related
to personnel birth, place, address and other personal details.
Further the software keeps the track of job title and description,
tax holdings and salary, sick and vacation days, documentations of
training and other information.

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 Market Segmentation

• Global Core HR Software Market By Component (Software, Services),

Software (Benefits and Claims Management, Payroll and
Compensation Management, Personnel Management, Learning
Management, Pension Management, Compliance Management,
Succession Planning), Service (Integration Services, Maintenance and
Support, Consulting), Deployment Type (On-Premises, Cloud),
Organization Size (Small and Middle Enterprises, Large Enterprises),
Verticals (Government, Manufacturing, Energy and Utilities,
Consumer Goods and Retail, Healthcare, Transportation and
Logistics, Telecom and Information Technology (IT), Banking,
Financial Services, and Insurance (BFSI)), Geography (North America,
South America, Europe, Asia-Pacific, and Middle East & Africa) -
Industry Trends and Forecast to 2026
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 Competitive Landscape

Global core HR software market is highly fragmented and the

major players have used various strategies such as new product
launches, expansions, agreements, joint ventures, partnerships,
acquisitions, and others to increase their footprints in this market.
The report includes market shares of core HR software market for
Global, Europe, North America, Asia-Pacific, South America and
Middle East and Africa.

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 About Data Bridge Market
Research
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