The global talent management market is expected to grow from USD 8.41 billion in 2017 to USD 18.91 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 12.27%.
“Better professional development decisions is one of the factors largely attributing to the growth of talent management market globally”
The factors attributing to the growth of the market are better professional development decisions, improved onboarding experience, high performing workforce, and commitment to align business strategy. However, some factors such as lack of awareness, and budget constraints may hinder the market growth. The global talent management market is expected to showcase the opportunities such as a unified integrated system for performance assessments, and need for big data analytics and cloud-based talent management system. In the near future, the market may face the possible challenges in the growth due to a holistic talent management approach with the involvement of top management, and lack of skilled talent. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global talent management market.
On the basis of function, the global talent management market is studied across Compensation Management, Learning Management, Performance Management, Talent Acquisition, and Workforce Planning.
On the basis of industry, the global talent management market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality.
On the basis of deployment, the global talent management market is studied across On-Cloud and On-Premises.
On the basis of geography, the global talent management market is studied across the Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
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“Avature: The potential growing player for the global talent management market”
The key players profiled in the global talent management market are Avature, Cornerstone OnDemand, Crelate Talent, Halogen Software, International Business MachinesCorporation, Lumesse, Oracle Corporation, PeopleFluent, Inc., SAP SE, Saba Software, SkillSoft Corporation, TalentSoft SA, and The Ultimate Software Group, Inc.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global talent management market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global talent management market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global talent management market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global talent management market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global talent management market.
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Table of Contents
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
2. Research & Forecasting
2.1. Research Methodology
2.1.1. Research Instruments
188.8.131.52. Secondary Instrument
184.108.40.206. Primary Instrument
2.1.2. Research Approaches
220.127.116.11. Bottom-up Approach
18.104.22.168. Top-down Approach
2.1.3. Research Reliability & Validity
2.1.4. Research Assumptions
2.1.5. Vendor Inclusion Criteria
2.2. Forecasting Methodology
2.2.1. Methodology for Market Estimation & Forecasting
2.2.2. Significance and Importance of the Market Estimation & Forecasting
3. Executive Summary
4. Premium Insight
4.1. Market Connectivity
4.2. Market Data Feed
4.3. Market Vendor Ranking Analysis
4.4. Market Dynamics
22.214.171.124. Better professional development decisions
126.96.36.199. Improved onboarding experience
188.8.131.52. High performing workforce
184.108.40.206. Commitment to align business strategy
220.127.116.11. Lack of awareness
18.104.22.168. Budget constraints
22.214.171.124. Unified integrated system for performance assessments
126.96.36.199. Need for big data analytics and cloud-based talent management system
188.8.131.52. A holistic talent management approach with the involvement of top management
184.108.40.206. Lack of skilled talent
4.5. Porter’s Five Forces Analysis
4.5.1. Threat of New Entrants
4.5.2. Threat of Substitutes
4.5.3. Bargaining Power of Customers
4.5.4. Bargaining Power of Suppliers
4.5.5. Industry Rivalry
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