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TECH SUPPLIER Jun 2019 - Market Forecast - Doc # US44179019

Worldwide and U.S. Human Capital Management and Payroll Applications Forecast, 2019–2023

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

Abstract

This IDC study provides a sizing of the human capital management and payroll applications market in 2018 and a 2019–2023 forecast for these markets. Historical and forecast revenue data is shown for the total worldwide market and by geographic region broken out by delivery method.

"The market for HCM and payroll applications remains strong on a worldwide basis in large part because of the migration to software as a service," says Lisa Rowan, research vice president, HR, Talent, and Learning Strategies for IDC. "Technology suppliers should be ready to address buyers' biggest cloud concerns, chief among these is ensuring robust data security."


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