Worldwide and U.S. Human Capital Management and  Payroll Applications Forecast, 2020-2024

Worldwide and U.S. Human Capital Management and Payroll Applications Forecast, 2020-2024

  • June 2020 •
  • 11 pages •
  • Report ID: 5467837 •
  • Format: PDF
This IDC study provides a sizing of the human capital management and payroll applications market in 2019 and a 2020-2024 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 pre-pandemic market for HCM and payroll applications remained strong on a worldwide basis in 2019 as organizations sought to digitally transform HR processes," says Lisa Rowan, research vice president, HR, Talent, and Learning Strategies at IDC. "Looking forward to the forecast period, market growth is lower because of economic conditions brought about by the global COVID-19 pandemic."