Talent Management Software Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers and Forecast To 2027
                     Talent Management Software Market Outlook, Strategies, Industry 
Analysis, Future Scope, Key Drivers and Forecast To 2027
Talent Management Software Market, By Component (Solutions, Services), 
Deployment (On Premise, Cloud), Organization Size (SMEs and Large 
Enterprises) and Vertical – Global Forecast 2027
Market Highlights
In this rapidly changing world of technology, talent management software market is projected to show 
major growth prospects during the forecast period. The talent management software continues to 
surge further in the corporate industry owing to realizing the importance of talent optimization and 
how it is the key to a successful business. Emergence of video tools is one major factor driving the 
growth of talent management software market.
As compared to other regions, the talent management software market in North America is expected 
to witness significant growth during the forecast period. U.S and Canada are anticipated to drive the 
growth of talent management software market. This is owing to the presence of large number of 
established key players and increasing user base on social media platforms in that region. In addition 
to this, the region also has a well-established infrastructure which allows higher penetration of mobile 
devices which ultimately provides high speed connectivity and is expected to be a major factor for the 
growth of talent management software market.
The talent management software market is growing rapidly over 16% of CAGR and is expected to 
reach at approx. USD 16 billion by the end of forecast period.
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content TOC & market synopsis on “Talent Management Software Market Research Report-Forecast 
to 2027”.
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Market Segmentation
The talent management software market has been segmented on the basis of component, deployment, 
organization size and vertical. The deployment segment is further bifurcated into cloud and on-premise 
deployment models. Out of which, the cloud based deployment is expected to grow at the highest rate while 
the on premise deployment dominated the market share of talent management software market.
The prominent players in the talent management software market are – Halogen Software (Canada), Taleo 
Corporation (U.S.), Cornerstone OnDemand (U.S.), Kenexa (U.S.), Sumtotal Systems, Inc. (U.S.), iCims, Inc. 
(U.S.), Skillsoft (U.S.), Talentsoft (France), Lumesse Ltd. (U.K.), Saba Software (U.S.), among others.
Market Research Analysis:
The global talent management software market, by geography, has been segmented into North America, 
Europe, Asia Pacific and Rest of the World. In the global talent management software market, Asia Pacific is 
anticipated to witness relatively faster adoption and is expected to grow at the highest CAGR during the 
forecast period as compared to other regions. Within Asia Pacific, talent management software market is 
projected to contribute faster to the growth of revenue backed by increasing emergence of social media 
platforms and increasing demand for cloud based solutions in countries such as Japan, China and India.
Across Europe, countries including Germany, France and the U.K. are anticipated to drive the 
growth of talent management software market. In Europe, increasing demand for automated 
recruitment processes and increasing social media platforms are the major factors driving the 
growth of talent management software market. The presence of advanced infrastructure and 
with the increasing adoption of technological advancements in numerous countries are other 
factors driving the market growth of talent management software market.
Talent management software market in the South America region is anticipated to witness 
relatively slower market growth. However, Brazil and Argentina among other countries are 
projected to witness slow yet steady growth. Talent management software market in Middle 
East and Africa occupies a relatively smaller pie of the global talent management software 
market.
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