TECH SUPPLIER Jun 2022 - Market Forecast - Doc # US47722222

Worldwide and U.S. Human Capital Management and Payroll Applications Forecast, 2022–2026

By:

Lisa Rowan
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Abstract

This IDC study provides a sizing of the human capital management and payroll applications market in 2021 and a 2022–2026 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 market for human capital management and payroll applications rebounded strongly in 2021 with worldwide growth at 11.4% combined for both sets of applications," says Lisa Rowan, research vice president, Modern HR Strategies and Opportunities at IDC. "Looking forward through the forecast period, growth will moderate into the mid- to high-single digits through 2026."


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