Human Capital Management Market

The Human Capital Management (HCM) market encompasses software and services designed to manage the entire employee lifecycle, from recruitment to retirement. Key customers are enterprises of all sizes, including both SMEs and large corporations, across diverse verticals like BFSI, government, and healthcare. The market's growth is primarily driven by the increasing enterprise adoption of cloud-based platforms, which offer cost-effectiveness, rapid deployment, and enhanced tools for employee engagement and regulatory compliance.