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TECH SUPPLIER Jul 2019 - Market Share - Doc # US44179119

Worldwide Human Capital Management and Payroll Applications Software Market Shares, 2018: Double-Digit Growth Prevails

By: Lisa RowanResearch Vice President, HR, Talent, and Learning Strategies

Abstract

This IDC study examines the human capital management and payroll applications market for the 2016–2018 period. Revenue and market share of the leading vendors are provided for 2018. Included is a full list of tracked vendors for total share for the combined HCM and payroll applications market and lists of the top vendors in share for HCM applications and payroll applications separately.

"Despite strong growth, suppliers are facing a potential perfect storm of high cloud penetration and strong customer satisfaction. This may prove to inhibit new client acquisition in the coming years," says Lisa Rowan, research vice president, HR, Talent, and Learning Strategies for IDC. "Systems suppliers will then need to find further methods of differentiation in order to gain the attention of a shrinking buyer pool."


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