APAC Human Capital Management Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Asia-Pacific HCM Market Report is Segmented by Application (Compensation Management, Core HR (Payroll Management), E-Learning and E-Recruiting, Performance Management, Workforce Management, Enterprise Governance, Risk and Compliance (eGRC)), Deployment (Cloud-Based, On-Premise), End-User Industry (BFSI, IT and Telecommunication, Retail, Manufacturing, Healthcare, Government, and Other End-User Industries), and Country (China, Japan, India, South Korea, Singapore, Vietnam, Australia and New Zealand, Philippines, Malaysia). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

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APAC Human Capital Management Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia-Pacific Human Capital Management Software Industry Overview

The Asia-Pacific human capital management software market is fragmented, with some of the major players in the market, such as Cornerstone Ondemand Inc., Infor, Employwise Inc., SumTotal Systems LLC, and International Business Machines Corporation, adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

•In March 2024, Workday Inc., a global provider of solutions to help businesses manage their people and money, announced that the Australia-based retail food chain Hungry Jack’s Pty Ltd selected Workday Human Capital Management (HCM) to help transform how it attracts and supports employees and franchisees across Australia. With Workday, Hungry Jack’s improves recruitment and onboarding, transforms the employee experience, better equips the people & culture team, reduces manual processes, and supports employee growth and development.

•In November 2023, SAP SuccessFactors, a human resource software company of SAP that provides cloud-based HCM software applications, announced that it is seeking to improve its presence in the AI-driven human resource management software market in South Korea due to the rapid adoption of AI technology across the HR sector.

Asia-Pacific Human Capital Management Software Market Leaders

  1. Workday Inc.

  2. SAP SE

  3. Oracle Corporation

  4. ADP Inc.

  5. UKG Inc.

  6. *Disclaimer: Major Players sorted in no particular order
APAC Human Capital Management Software Market Concentration