Installation of Talent Management Software in Government Sector, Expanding Service Sector and Increase in E-Learning Market will Drive the HR management Software market in India: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Expansion of service sector in India will drive the talent management software industry in the country. The robust growth in the service sector over the years in India has been attributed to number of possible factors both from the demand as well as supply side. The service sector market had grown because of the continuation of the economic transformation in the country. The country has the second fastest growing service sector in the world. The service sector in India had grown at a CAGR of 11.4% during 2011-2015. The market size has grown robustly owing to the increase in economic conditions, development of markets, government initiatives, entry of multinational companies, increase in the urban populations and others. The expansion of service sector in the country is not only the dominant sector in the GDP but also has attracted significant FDIs, contributed to exports and has provided a large-scale of employment in the country. This will trigger the demand of software to manage the performance, compensation, recruitment, learning and development in the companies owing to the increase in market size of the talent management software in the country. The robust growth rate in BFSI sector and E-commerce sector in the country will encourage youth to join these sectors which will increase the head count of the companies. Additionally, the companies will expand their operations by expanding business departments and office centers, which will result in increase in employees head count. This will also fuel the demand of talent management software industry in the country. The massive growth of Service sector (BPO, Hospitality, and manufacturing and e-commerce sector) had majorly driven the market of talent management software. Also, the increase in challenges faced by the companies in developing leaders, locating and hiring top technical skills, diagnosing and improving organizational culture have triggered the market of talent management software. The increase in size of corporate training had also surge the demand of E-learning platforms in the country. There has been a marked increase in companies adopting e-learning solutions because of the developments in rich graphics and cost-effective e-training modules offered by training companies. These solutions are highly interactive and engaging and relieve the management from sparing space and time for such engagements. Increase in prominence of E-learning platforms in the companies will accelerate the demand of Learning and development software in the companies. The rise in trend of cloud computation in the country had increased the share of talent management software on the basis of cloud computing. It has also been anticipated that the potential clients for talent management software will shift their preference from on-premises based deployment of software to on-cloud based deployment of the talent management software in the country. It had also been forecasted that the service sector will increase at a double digit CAGR during 2016-2020. This increase in the service sector in the country will increase the market size of talent management software industry in India. The report titled “India Talent Management Software Market Forecast to 2020 – Expanding Service Sector and Training Programs to Drive Future Growth” provides detailed overview on the talent management software market. This report helps readers to identify the ongoing trends in the industry and anticipated growth in future depending upon changing industry dynamics in coming years. The report is useful for talent management software companies, Human resources software companies proving both cloud and on premises services to the clients and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future. MarketResearch Report : https://www.kenresearch.com/education-and-recruitment/recruitment/india-hr-software-market-report/41314-99.html Related Reports: India Executive Education Market Outlook to 2020 – Preference for Skill Based MDPs and Virtual Education to Drive Future India Vocational Training Industry Outlook to 2018 – Driven by Rising Demand For Skilled Manpower India E-learning Market Outlook to FY’2018 – Increasing Technology Adoption to Drive Future Growth Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Executive Search Solution Industry, HCM Software Market, HR Software Market 2016, HR Software Systems Market, Human Capital Management Solution Industry, Human Resource Management Solutions Market, Human Resource Software Market Forecast, Learning and Development Talent Industry, Oracle Competition Talent Management, Performance Management HR Market, Recruitment management market, SAP Performance Talent Management, Talent Acquisition Solution Market, Talent Management Cloud Market