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PUBLISHER: IDC | PRODUCT CODE: 1573625

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PUBLISHER: IDC | PRODUCT CODE: 1573625

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

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PAGES: 20 Pages
DELIVERY TIME: 1-2 business days
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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."

Product Code: US52601624

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

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