The Europe Talent Management Software Market would witness market growth of 11.0% CAGR during the forecast period (2023-2030).
The rising need for real-time employee involvement in companies across all industries has been identified as the key driving the market. In addition, the increased use of social networks has prompted the incorporation of talent management features onto these platforms. These features further boost the market. The market has seen a significant growth tendency in recent years, which is anticipated to continue during the forecast period.
The workforce management in enterprises is being disrupted by several new technologies, the most prominent of which are cloud computing and data analytics. The main factors driving the rising demand for software solutions are the quick adoption of web-based applications and digitization. At the same time, it is also anticipated that as more sectors adopt talent management tools and solutions, more new and improved tools will enter the market.
Analytics are used more frequently to guide human resources initiatives, including applicant tracking, onboarding, retention, and data-driven decision-making. The market can assist small businesses in capturing, compiling, and reporting the data needed to increase productivity. Software for managing personnel via the cloud can be used anywhere and integrated with other essential business platforms such as accounting software.
In the UK, a 7.4% increase in spending from 2020 puts the anticipated total cost of current health at £277 billion in 2021. When accounting for the impact of inflation on the economy, total current health spending rose by 7.1% in real terms in 2021 as opposed to 10.0% in 2020. The region’s preference for HR-based solutions, like talent management software, to retain and utilize its workforce most effectively is anticipated to rise due to the significant presence of the healthcare industry and it’s standing as one of the top employers in the region. This will propel the growth of the regional market.
The Germany market dominated the Europe Talent Management Software Market by Country in 2022; thereby, achieving a market value of $1.3 billion by 2030. The UK market is poised to grow at a CAGR of 10.1% during (2023 - 2030). Additionally, The France market would witness a CAGR of 11.8% during (2023 - 2030).
Based on Solution, the market is segmented into Employee Lifecycle Management, Talent Acquisition, Performance Management, Learning & Training Management and Compensation Management. Based on Deployment, the market is segmented into On-premise and Cloud. Based on Application, the market is segmented into IT & Telecom, BFSI, Government, Healthcare, Retail, Education and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Talent Management Software Market is Projected to reach USD 19.4 Billion by 2030, at a CAGR of 11.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cornerstone OnDemand, Inc., Workday, Inc, Trakstar, Cegid, Bamboo HR LLC., Oracle Corporation, SAP SE, IBM Corporation, The Sage Group plc, and 15Five, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Solution
- Employee Lifecycle Management
- Talent Acquisition
- Performance Management
- Learning & Training Management
- Compensation Management
By Deployment
By Application
- IT & Telecom
- BFSI
- Government
- Healthcare
- Retail
- Education
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Cornerstone OnDemand, Inc.
- Workday, Inc
- Trakstar
- Cegid
- Bamboo HR LLC.
- Oracle Corporation
- SAP SE
- IBM Corporation
- The Sage Group plc
- 15Five, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Talent Management Software Market, by Solution
1.4.2 Europe Talent Management Software Market, by Deployment
1.4.3 Europe Talent Management Software Market, by Application
1.4.4 Europe Talent Management Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2022
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Acquisition and Mergers: 2019, Dec – 2023, Jun) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Talent Management Software Market by Solution
5.1 Europe Employee Lifecycle Management Market by Country
5.2 Europe Talent Acquisition Market by Country
5.3 Europe Performance Management Market by Country
5.4 Europe Learning & Training Management Market by Country
5.5 Europe Compensation Management Market by Country
Chapter 6. Europe Talent Management Software Market by Deployment
6.1 Europe On-premise Market by Country
6.2 Europe Cloud Market by Country
Chapter 7. Europe Talent Management Software Market by Application
7.1 Europe IT & Telecom Market by Country
7.2 Europe BFSI Market by Country
7.3 Europe Government Market by Country
7.4 Europe Healthcare Market by Country
7.5 Europe Retail Market by Country
7.6 Europe Education Market by Country
7.7 Europe Others Market by Country
Chapter 8. Europe Talent Management Software Market by Country
8.1 Germany Talent Management Software Market
8.1.1 Germany Talent Management Software Market by Solution
8.1.2 Germany Talent Management Software Market by Deployment
8.1.3 Germany Talent Management Software Market by Application
8.2 UK Talent Management Software Market
8.2.1 UK Talent Management Software Market by Solution
8.2.2 UK Talent Management Software Market by Deployment
8.2.3 UK Talent Management Software Market by Application
8.3 France Talent Management Software Market
8.3.1 France Talent Management Software Market by Solution
8.3.2 France Talent Management Software Market by Deployment
8.3.3 France Talent Management Software Market by Application
8.4 Russia Talent Management Software Market
8.4.1 Russia Talent Management Software Market by Solution
8.4.2 Russia Talent Management Software Market by Deployment
8.4.3 Russia Talent Management Software Market by Application
8.5 Spain Talent Management Software Market
8.5.1 Spain Talent Management Software Market by Solution
8.5.2 Spain Talent Management Software Market by Deployment
8.5.3 Spain Talent Management Software Market by Application
8.6 Italy Talent Management Software Market
8.6.1 Italy Talent Management Software Market by Solution
8.6.2 Italy Talent Management Software Market by Deployment
8.6.3 Italy Talent Management Software Market by Application
8.7 Rest of Europe Talent Management Software Market
8.7.1 Rest of Europe Talent Management Software Market by Solution
8.7.2 Rest of Europe Talent Management Software Market by Deployment
8.7.3 Rest of Europe Talent Management Software Market by Application
Chapter 9. Company Profiles
9.1 Cornerstone OnDemand, Inc. (Clearlake Capital Group, L.P.)
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Product Launches and Product Expansions:
9.1.2.2 Acquisition and Mergers:
9.1.3 SWOT Analysis
9.2 Workday, Inc.
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Acquisition and Mergers:
9.2.5 SWOT Analysis
9.3 Trakstar
9.3.1 Company Overview
9.3.2 SWOT Analysis
9.4 Cegid
9.4.1 Company Overview
9.4.2 Recent strategies and developments:
9.4.2.1 Acquisition and Mergers:
9.4.3 SWOT Analysis
9.5 Bamboo HR LLC
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.3 SWOT Analysis
9.6 Oracle Corporation
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 SWOT Analysis
9.7 SAP SE
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.6 SWOT Analysis
9.8 IBM Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.8.6 SWOT Analysis
9.9 The Sage Group plc
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Acquisition and Mergers:
9.9.6 SWOT Analysis
9.10. 15Five, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:
9.10.2.2 Acquisition and Mergers:
9.10.3 SWOT Analysis
TABLE 1 Europe Talent Management Software Market, 2019 - 2022, USD Million
TABLE 2 Europe Talent Management Software Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Talent Management Software Market
TABLE 4 Product Launches And Product Expansions– Talent Management Software Market
TABLE 5 Acquisition and Mergers– Talent Management Software Market
TABLE 6 Europe Talent Management Software Market by Solution, 2019 - 2022, USD Million
TABLE 7 Europe Talent Management Software Market by Solution, 2023 - 2030, USD Million
TABLE 8 Europe Employee Lifecycle Management Market by Country, 2019 - 2022, USD Million
TABLE 9 Europe Employee Lifecycle Management Market by Country, 2023 - 2030, USD Million
TABLE 10 Europe Talent Acquisition Market by Country, 2019 - 2022, USD Million
TABLE 11 Europe Talent Acquisition Market by Country, 2023 - 2030, USD Million
TABLE 12 Europe Performance Management Market by Country, 2019 - 2022, USD Million
TABLE 13 Europe Performance Management Market by Country, 2023 - 2030, USD Million
TABLE 14 Europe Learning & Training Management Market by Country, 2019 - 2022, USD Million
TABLE 15 Europe Learning & Training Management Market by Country, 2023 - 2030, USD Million
TABLE 16 Europe Compensation Management Market by Country, 2019 - 2022, USD Million
TABLE 17 Europe Compensation Management Market by Country, 2023 - 2030, USD Million
TABLE 18 Europe Talent Management Software Market by Deployment, 2019 - 2022, USD Million
TABLE 19 Europe Talent Management Software Market by Deployment, 2023 - 2030, USD Million
TABLE 20 Europe On-premise Market by Country, 2019 - 2022, USD Million
TABLE 21 Europe On-premise Market by Country, 2023 - 2030, USD Million
TABLE 22 Europe Cloud Market by Country, 2019 - 2022, USD Million
TABLE 23 Europe Cloud Market by Country, 2023 - 2030, USD Million
TABLE 24 Europe Talent Management Software Market by Application, 2019 - 2022, USD Million
TABLE 25 Europe Talent Management Software Market by Application, 2023 - 2030, USD Million
TABLE 26 Europe IT & Telecom Market by Country, 2019 - 2022, USD Million
TABLE 27 Europe IT & Telecom Market by Country, 2023 - 2030, USD Million
TABLE 28 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 29 Europe BFSI Market by Country, 2023 - 2030, USD Million
TABLE 30 Europe Government Market by Country, 2019 - 2022, USD Million
TABLE 31 Europe Government Market by Country, 2023 - 2030, USD Million
TABLE 32 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 33 Europe Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 34 Europe Retail Market by Country, 2019 - 2022, USD Million
TABLE 35 Europe Retail Market by Country, 2023 - 2030, USD Million
TABLE 36 Europe Education Market by Country, 2019 - 2022, USD Million
TABLE 37 Europe Education Market by Country, 2023 - 2030, USD Million
TABLE 38 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 39 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 40 Europe Talent Management Software Market by Country, 2019 - 2022, USD Million
TABLE 41 Europe Talent Management Software Market by Country, 2023 - 2030, USD Million
TABLE 42 Germany Talent Management Software Market, 2019 - 2022, USD Million
TABLE 43 Germany Talent Management Software Market, 2023 - 2030, USD Million
TABLE 44 Germany Talent Management Software Market by Solution, 2019 - 2022, USD Million
TABLE 45 Germany Talent Management Software Market by Solution, 2023 - 2030, USD Million
TABLE 46 Germany Talent Management Software Market by Deployment, 2019 - 2022, USD Million
TABLE 47 Germany Talent Management Software Market by Deployment, 2023 - 2030, USD Million
TABLE 48 Germany Talent Management Software Market by Application, 2019 - 2022, USD Million
TABLE 49 Germany Talent Management Software Market by Application, 2023 - 2030, USD Million
TABLE 50 UK Talent Management Software Market, 2019 - 2022, USD Million
TABLE 51 UK Talent Management Software Market, 2023 - 2030, USD Million
TABLE 52 UK Talent Management Software Market by Solution, 2019 - 2022, USD Million
TABLE 53 UK Talent Management Software Market by Solution, 2023 - 2030, USD Million
TABLE 54 UK Talent Management Software Market by Deployment, 2019 - 2022, USD Million
TABLE 55 UK Talent Management Software Market by Deployment, 2023 - 2030, USD Million
TABLE 56 UK Talent Management Software Market by Application, 2019 - 2022, USD Million
TABLE 57 UK Talent Management Software Market by Application, 2023 - 2030, USD Million
TABLE 58 France Talent Management Software Market, 2019 - 2022, USD Million
TABLE 59 France Talent Management Software Market, 2023 - 2030, USD Million
TABLE 60 France Talent Management Software Market by Solution, 2019 - 2022, USD Million
TABLE 61 France Talent Management Software Market by Solution, 2023 - 2030, USD Million
TABLE 62 France Talent Management Software Market by Deployment, 2019 - 2022, USD Million
TABLE 63 France Talent Management Software Market by Deployment, 2023 - 2030, USD Million
TABLE 64 France Talent Management Software Market by Application, 2019 - 2022, USD Million
TABLE 65 France Talent Management Software Market by Application, 2023 - 2030, USD Million
TABLE 66 Russia Talent Management Software Market, 2019 - 2022, USD Million
TABLE 67 Russia Talent Management Software Market, 2023 - 2030, USD Million
TABLE 68 Russia Talent Management Software Market by Solution, 2019 - 2022, USD Million
TABLE 69 Russia Talent Management Software Market by Solution, 2023 - 2030, USD Million
TABLE 70 Russia Talent Management Software Market by Deployment, 2019 - 2022, USD Million
TABLE 71 Russia Talent Management Software Market by Deployment, 2023 - 2030, USD Million
TABLE 72 Russia Talent Management Software Market by Application, 2019 - 2022, USD Million
TABLE 73 Russia Talent Management Software Market by Application, 2023 - 2030, USD Million
TABLE 74 Spain Talent Management Software Market, 2019 - 2022, USD Million
TABLE 75 Spain Talent Management Software Market, 2023 - 2030, USD Million
TABLE 76 Spain Talent Management Software Market by Solution, 2019 - 2022, USD Million
TABLE 77 Spain Talent Management Software Market by Solution, 2023 - 2030, USD Million
TABLE 78 Spain Talent Management Software Market by Deployment, 2019 - 2022, USD Million
TABLE 79 Spain Talent Management Software Market by Deployment, 2023 - 2030, USD Million
TABLE 80 Spain Talent Management Software Market by Application, 2019 - 2022, USD Million
TABLE 81 Spain Talent Management Software Market by Application, 2023 - 2030, USD Million
TABLE 82 Italy Talent Management Software Market, 2019 - 2022, USD Million
TABLE 83 Italy Talent Management Software Market, 2023 - 2030, USD Million
TABLE 84 Italy Talent Management Software Market by Solution, 2019 - 2022, USD Million
TABLE 85 Italy Talent Management Software Market by Solution, 2023 - 2030, USD Million
TABLE 86 Italy Talent Management Software Market by Deployment, 2019 - 2022, USD Million
TABLE 87 Italy Talent Management Software Market by Deployment, 2023 - 2030, USD Million
TABLE 88 Italy Talent Management Software Market by Application, 2019 - 2022, USD Million
TABLE 89 Italy Talent Management Software Market by Application, 2023 - 2030, USD Million
TABLE 90 Rest of Europe Talent Management Software Market, 2019 - 2022, USD Million
TABLE 91 Rest of Europe Talent Management Software Market, 2023 - 2030, USD Million
TABLE 92 Rest of Europe Talent Management Software Market by Solution, 2019 - 2022, USD Million
TABLE 93 Rest of Europe Talent Management Software Market by Solution, 2023 - 2030, USD Million
TABLE 94 Rest of Europe Talent Management Software Market by Deployment, 2019 - 2022, USD Million
TABLE 95 Rest of Europe Talent Management Software Market by Deployment, 2023 - 2030, USD Million
TABLE 96 Rest of Europe Talent Management Software Market by Application, 2019 - 2022, USD Million
TABLE 97 Rest of Europe Talent Management Software Market by Application, 2023 - 2030, USD Million
TABLE 98 Key information – Cornerstone OnDemand, Inc.
TABLE 99 Key Information – Workday, Inc.
TABLE 100 Key Information – Trakstar
TABLE 101 Key Information – Cegid
TABLE 102 Key Information – Bamboo HR LLC
TABLE 103 Key Information – Oracle Corporation
TABLE 104 Key Information – SAP SE
TABLE 105 Key Information – IBM Corporation
TABLE 106 Key Information – The Sage Group plc
TABLE 107 Key Information – 15Five, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Talent Management Software Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Talent Management Software Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2022
FIG 6 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 7 Key Strategic Move: (Acquisition and Mergers: 2019, Dec – 2023, Jun) Leading Players
FIG 8 Porter’s Five Forces Analysis – Talent Management Software Market
FIG 9 Europe Talent Management Software Market share by Solution, 2022
FIG 10 Europe Talent Management Software Market share by Solution, 2030
FIG 11 Europe Talent Management Software Market by Solution, 2019 - 2030, USD Million
FIG 12 Europe Talent Management Software Market share by Deployment, 2022
FIG 13 Europe Talent Management Software Market share by Deployment, 2030
FIG 14 Europe Talent Management Software Market by Deployment, 2019 - 2030, USD Million
FIG 15 Europe Talent Management Software Market share by Application, 2022
FIG 16 Europe Talent Management Software Market share by Application, 2030
FIG 17 Europe Talent Management Software Market by Application, 2019 - 2030, USD Million
FIG 18 Europe Talent Management Software Market share by Country, 2022
FIG 19 Europe Talent Management Software Market share by Country, 2030
FIG 20 Europe Talent Management Software Market by Country, 2019 - 2030, USD Million
FIG 21 Recent strategies and developments: Cornerstone OnDemand, Inc.
FIG 22 SWOT Analysis: Cornerstone OnDemand, Inc.
FIG 23 Recent strategies and developments: Workday, Inc.
FIG 24 SWOT Analysis: Workday, Inc.
FIG 25 SWOT Analysis: Trakstar
FIG 26 SWOT Analysis: Cegid
FIG 27 SWOT Analysis: Bamboo HR LLC.
FIG 28 SWOT Analysis: Oracle Corporation
FIG 29 SWOT Analysis: SAP SE
FIG 30 Swot Analysis: IBM Corporation
FIG 31 SWOT Analysis: The Sage Group PLC
FIG 32 SWOT Analysis: 15Five, Inc.