Global Talent Management Software Market 2016-2020

About Talent Management Software

Talent management software provides a complete set of tools to automate, monitor, and analyze human resource (HR) functions efficiently in an organization. It enhances the likelihood of the HR department to attract skilled workers, integrate new workers, and retain them for future business demands, which, in turn, shifts the responsibility from the HR department to managers in an organization. Talent management software has become an integral part of the HR software applications. It aids in the efficient functioning of the HR team in workforce planning, talent acquisition, performance and succession management, and learning and development of the employees. It also assists organizations to establish critical corporate goals in alignment with their employees.

Technavio's analysts forecast the global talent management software market to grow at a CAGR of 9.87% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global talent management software market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of talent management software licenses, installation and implementation, training, maintenance, and subscriptions.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

Technavio's report, Global Talent Management Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Cornerstone OnDemand
• Halogen Software
• Lumesse
• SAP SuccessFactors
• Oracle

Other Prominent Vendors

• Acendre
• BambooHR
• Infor
• Performly
• PeopleFluent
• Ultimate
• Vector Capital
• Willis Towers Watson
• Workday

Market driver

• Increased demand for SaaS-based talent management software.
• For a full, detailed list, view our report

Market challenge

• Lack of skilled professionals to operate talent management software.
• For a full, detailed list, view our report

Market trend

• Proliferation of mobile devices and increased use of mobile apps in talent management.
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our procurement specialist's time when you purchase this market report. Details are provided within the report.

Table of Contents

PART 01: Executive summary

• Highlights
• Overview of numbers

PART 02: Scope of the report

• Market overview
• Top-vendor offerings

PART 03: Market research methodology

• Research methodology
• Economic indicators

PART 04: Introduction

• Key market highlights

PART 05: Market landscape

• Market overview

PART 06: Market developments

• Increase in outsourcing of talent acquisition process
• Emergence of m-acquisition
• Emergence of varied types of software
• Emergence of online recruitment channels
• Replacing traditional appraisal process with new approach
• Future of performance management and reviews
• Crowdsourced performance review

PART 07: Market size and forecast

• Global talent management software market

PART 08: Market segmentation by deployment model

• Global talent management software market by deployment model

PART 09: Geographical segmentation

• Talent management software market by geography
• Talent management software market in Americas
• Talent management software market in EMEA
• Talent management software market in APAC

PART 10: Market drivers

• Increased demand for automated recruitment processes
• Growing need for cost-effective software solutions
• High importance of 360-degree feedback
• Increased demand for SaaS-based talent management software

PART 11: Impact of drivers

PART 12: Market challenges

• Lack of skilled professionals to operate talent management software
• Threat from open-source talent management software
• Data security and privacy concerns
• High implementation and maintenance costs

PART 13: Impact of drivers and challenges

• Impact of drivers and challenges

PART 14: Market trends

• Proliferation of mobile devices and increased use of mobile apps in talent management
• Increasing use of social media
• Integration of talent management software with analytics tools
• Emergence of video tools

PART 15: Impact of trends

• Impact of trends

PART 16: Buying criteria

• Buying criteria

PART 17: Five forces analysis

PART 18: Vendor landscape

• Competitive landscape
• Other prominent vendors

PART 19: Key vendor profiles

• Cornerstone OnDemand
• Halogen Software
• Lumesse
• SAP SuccessFactors
• Oracle

PART 20: Major M&A

PART 21: Market assumptions

• Market assumptions

PART 22: Appendix

• List of abbreviations

PART 23: Explore Technavio