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The compensation software market is forecasted to grow by USD 6.75 billion during 2023-2028, accelerating at a CAGR of 11.13% during the forecast period. The report on the compensation software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by adopting pricing strategies of vendors in compensation software, increase in demand for automated compensation management processes, and increased adoption of saas-based compensation software.
The compensation software market is segmented as below:
By End-user
- Large enterprises
- SMEs
By Deployment
- Cloud-based
- On-premises
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the compensation software market covers the following areas:
- Compensation software market sizing
- Compensation software market forecast
- Compensation software market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Deployment
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global compensation software market: Automatic Data Processing Inc., beqom SA, BullseyeEngagement LLC, Cegid SA, CompLogix, Cornerstone OnDemand Inc., CWS Software, Decusoft Inc., Execupay Inc., Greytip Software Pvt. Ltd., HRSoft, JSM Technologies Pvt. Ltd., Learning Technologies Group Inc., Nitso Technologies Pvt. Ltd., Payscale Inc., sumHR Software Pvt. Ltd., Torn Marketing Pty Ltd., UKG Inc., Workday Inc., and Paycom Software Inc..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing demand for integrated HCM solutions.'
According to the report, one of the major drivers for this market is the adopting pricing strategies of vendors in compensation software.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Automatic Data Processing Inc.
- beqom SA
- BullseyeEngagement LLC
- Cegid SA
- CompLogix
- Cornerstone OnDemand Inc.
- CWS Software
- Decusoft Inc.
- Execupay Inc.
- Greytip Software Pvt. Ltd.
- HRSoft
- JSM Technologies Pvt. Ltd.
- Learning Technologies Group Inc.
- Nitso Technologies Pvt. Ltd.
- Payscale Inc.
- sumHR Software Pvt. Ltd.
- Torn Marketing Pty Ltd.
- UKG Inc.
- Workday Inc.
- Paycom Software Inc.