Cloud Network Infrastructure Market Share, Business Overview, Challenges, Opportunities Share Global Analysis and Forecast to 2027

According to Market
Research Future (MRFR), the global Core
HR software market is expected to grow at USD 11 billion with a CAGR of 9%
from 2017 to 2023 (forecast period). The report identifies the strengths,
opportunities, threats, and future business risks and offers an informative
overview of the global market environment with the results of COVID-19.
Core
HR software is used to manage employee information that can be easily accessed
via a centralized HR database. The HR database generally consists of employee’s
personal information, benefits enrolment, and income tax withholding. Core HR
software includes employee self-portal, which enables them to edit and view
their personal details, which can also be used for lack of tracking of
employees.
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Competitive Outlook
The industry giants in
the core HR software market are Automatic Data Processing (U.S.), Ceridian HCM,
Inc. (U.S.), CoreHR (Ireland), Employwise (India), IBM Corporation (U.S.),
Oracle Corporation (U.S.), Paychex, Inc. (U.S.), Paycom Software, Inc. (U.S.),
Sap SE (Germany), and Workday, Inc. (U.S.) among others.
Segmentation:
The global core HR
software market has been segmented on the basis of component, deployment, and
vertical.
By
component, the global core HR software market has been segmented into software
and service. The software segment is further divided into benefits and claim
management, payroll and compensation management, personnel management, learning
management, pension management, compliance management, and others. The service
segment is further divided into integration services, maintenance and support,
and consulting services.
By
deployment, the global core HR software market has been segmented into the
cloud and on-premise.
By
vertical, the global core HR software market has been segmented into BFSI,
healthcare, transportation, manufacturing, retail, and government. Core HR
software is gaining significant traction owing to increasing adoption by all
these verticals.
Regional
Analysis:
The regional analysis of
the global core HR software market is being studied for regions such as Asia
Pacific, North America, Europe, and the Rest of the World.
It
has been reported that North America is expected to have the largest market
share, while Asia Pacific is projected to rise at the fastest pace during the
forecast period. The significant growth in North America's core HR software
market is due to technological advances and rapid growth in the use of HR
software in that region.
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Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market
Definition
2.2 Scope
of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets
Structure
3 Market
Research Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued….
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Future:
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Market Research Future (MRFR), we enable our customers to unravel the
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