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Global Compensation Software Market is Expected to Grow at a CAGR of 10.1% During 2017-2023

Market Research Report on Global Compensation Software Market
Published 08 February 2018
Report Sellers has added a new market research report “Compensation Software - Global Market Outlook (2017-23)” to its offerings.

According to Report, the Global Compensation Software Market is expected to grow at a CAGR of 10.1% during the forecast period. Rising need for automated compensation management processes is one of the major factor favoring the market growth. On the other hand, huge implementation and expensive costs of these softwares are restricting the market. Increasing acceptance of digital HR technology is considered to be one of the major opportunities during the forecast period.

Compensation software is widely adopted among small enterprises and start-ups as it reduces complicated compensation planning for compensation cycles. Enterprises are shifting from manual processes and implementing compensation processes. On-premises compensation software segment has witnessed huge growth as it provides control to the critical data and also provides training services to the employees. Digital HR technology helps in combining mobile, social analytics and cloud technologies thus the demand is increasing for this technology.

North America is a dominating region with a largest market share during the forecast period attributed to the various number of micro enterprises and start-ups switching to the adoption of automated workflows.

Some of the key players in global compensation software market include SAP Success Factors, Workday, ADP, Oracle, Ultimate Software, CWS Software, Greytip Software, BullseyeEngagement, Cornerstone, Decusoft, Curo and Execupay.

Browse through the complete description and in-depth TOC on “Global Compensation Software Market”

What does the Report Offers
  • Market share assessments for the regional and country level segments
  • Market share analysis of the top industry players 
  • Strategic recommendations for the new entrants
  • Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
 Report Scope

Global Compensation Software Market has been segmented by deployment models covered and regions covered

Deployment models Covered:
On-premises compensation software
Cloud-based compensation software

Regions Covered:
North America
Rest of Europe 
Asia Pacific
New Zealand 
South Korea
Rest of Asia Pacific 
South America
Rest of South America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

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