4. Trends in Global Talent Management Software Market
5. Drivers in Global Talent Management Software Market
6. Challenges in Global Talent Management Software Market
7. Vendors
8. Related Reports in this Series
List of Exhibits
Exhibit 2.1: Global Talent Management Software Market Size and Forecast 2009-2013 (In $million)
Exhibit 3.1: Geographic Segmentation - 2009
Exhibit 3.2: Talent Management Software Market Size in Americas 2009-2013 (in $million)
Exhibit 3.3: Talent Management Software Market Size in EMEA - 2009-2013 (in $million)
Exhibit 3.4: Talent Management Software Market Size in APAC - 2009-2013 (in $million)
Global Talent Management Software Market 2009-2013 report by Technavio Insights forecasts the Talent Management Software market to grow at a CAGR of 18.2 percent, with Americas (including North America and Latin America) witnessing highest growth rate.
The major growth drivers include:
- Increasing usage of talent management software in organizations, which provides the companies with maximum return on their employee investment and plays a major role in the growth and profitability of the company
- Rising need for integration of HR functions, which makes the companies integrate and automate their HR functions, processes and to improve workforce efficiency and productivity
- With increased focus on creating employee-centric culture which helps retain talent, the companies are implementing Talent Management Software for developing employee efficiency, satisfaction, morale and loyalty
However, the market is facing some challenges which can inhibit the growth. For example companies face considerable difficulties while integrating Human Resource Management Software (HRMS) with Talent Management Software. So companies using Traditional HRMS Solutions may shy away from the Talent Management Software. Another reason can be that the Talent Management Software technology is in its early phase to provide end to end solutions.
