Asia Pacific Compensation Software Market 2020-2030 by Offering (Service, Solution), Deployment Mode (Cloud, On Premises), End User, Industry Vertical, and Country
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Asia Pacific compensation software market will grow by 10.8% annually with a total addressable market cap of $3,725.6 million over 2020-2030 owing to the rising adoption of automated and digital HR technology amongst organizations.
Highlighted with 32 tables and 47 figures, this 116-page report “Asia Pacific Compensation Software Market 2020-2030 by Offering (Service, Solution), Deployment Mode (Cloud, On Premises), End User, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific compensation software market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific compensation software market in every aspect of the classification from perspectives of Offering, Deployment Mode, End User, Industry Vertical, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
Service
• Managed Services
• Professional Services (further segmented into Design and Implementation, Consulting, Training and Education, Support and Maintenance)
Solution
Based on Deployment Mode, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Cloud Based Product
• On Premises Product
Based on End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Large Enterprises
• SMEs
• Educational Organizations
• Government Institutions
Based on Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Government
• BFSI
• Manufacturing Industry
• IT and Telecom
• Retail Industry
• Energy and Utilities
• Healthcare Industry
• Education
• Other Verticals
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
For each country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of key national markets by Offering, Deployment Mode, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Asia Pacific compensation software market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
ADP
Beqom
Bullseye Engagement LLC
Cornerstone
CuroComp
CWS Software
Decusoft
Greytip Software
Halogen Software
HRToolbench
IBM.
Nitso Technologies
Oracle Corporation
PayScale, Inc.
PeopleTicker
Saba Software Inc.
SAP Success Factors
SecureSheet
The Ultimate Software Group, Inc.
Willis Towers Watson
Workday
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on the Market 21
2.2 Major Growth Drivers 23
2.3 Market Restraints and Challenges 26
2.4 Emerging Opportunities and Market Trends 29
2.5 Porter’s Fiver Forces Analysis 33
3 Segmentation of Asia Pacific Market by Offering 37
3.1 Market Overview by Offering 37
3.2 Service 39
3.2.1 Managed Services 40
3.2.2 Professional Services 41
3.3 Solution 43
4 Segmentation of Asia Pacific Market by Deployment Mode 44
4.1 Market Overview by Deployment Mode 44
4.2 Cloud Based Product 46
4.3 On Premises Product 47
5 Segmentation of Asia Pacific Market by End User 48
5.1 Market Overview by End User 48
5.2 Large Enterprises 50
5.3 SMEs 51
5.4 Educational Organizations 52
5.5 Government Institutions 53
6 Segmentation of Asia Pacific Market by Industry Vertical 54
6.1 Market Overview by Industry Vertical 54
6.2 Government 56
6.3 BFSI 57
6.4 Manufacturing Industry 58
6.5 IT and Telecom 59
6.6 Retail Industry 60
6.7 Energy and Utilities 61
6.8 Healthcare Industry 62
6.9 Education 64
6.10 Other Verticals 65
7 Asia-Pacific Market 2019-2030 by Country 66
7.1 Overview of Asia-Pacific Market 66
7.2 Japan 69
7.3 China 72
7.4 Australia 74
7.5 India 77
7.6 South Korea 79
7.7 Rest of APAC Region 81
8 Competitive Landscape 83
8.1 Overview of Key Vendors 83
8.2 New Product Launch, Partnership, Investment, and M&A 87
8.3 Company Profiles 88
ADP 88
Beqom 90
Bullseye Engagement LLC 91
Cornerstone 92
CuroComp 93
CWS Software 94
Decusoft 95
Greytip Software 96
Halogen Software 97
HRToolbench 98
IBM. 99
Nitso Technologies 100
Oracle Corporation 101
PayScale, Inc. 102
PeopleTicker 103
Saba Software Inc. 104
SAP Success Factors 105
SecureSheet 106
The Ultimate Software Group, Inc. 107
Willis Towers Watson 108
Workday 109
9 Investing in Asia Pacific Market: Risk Assessment and Management 110
9.1 Risk Evaluation of Asia Pacific Market 110
9.2 Critical Success Factors (CSFs) 113
Related Reports and Products 116
List of Tables:
Table 1. Snapshot of Asia Pacific Compensation Software Market, 2019-2030 17
Table 2. Main Product Trends and Market Opportunities in Asia Pacific Compensation Software Market 29
Table 3. Asia Pacific Compensation Software Market by Offering, 2019-2030, $ mn 37
Table 4. Asia Pacific Compensation Software Market: Service by Type, 2019-2030, $ mn 39
Table 5. Asia Pacific Compensation Software Market: Professional Services by Segment, 2019-2030, $ mn 42
Table 6. Asia Pacific Compensation Software Market by Deployment Mode, 2019-2030, $ mn 44
Table 7. Asia Pacific Compensation Software Market by End User, 2019-2030, $ mn 48
Table 8. Asia Pacific Compensation Software Market by Industry Vertical, 2019-2030, $ mn 54
Table 9. APAC Compensation Software Market by Country, 2019-2030, $ mn 67
Table 10. Japan Compensation Software Market by Offering, 2019-2030, $ mn 71
Table 11. Japan Compensation Software Market by Deployment Mode, 2019-2030, $ mn 71
Table 12. Japan Compensation Software Market by Industry Vertical, 2019-2030, $ mn 71
Table 13. China Compensation Software Market by Offering, 2019-2030, $ mn 73
Table 14. China Compensation Software Market by Deployment Mode, 2019-2030, $ mn 73
Table 15. China Compensation Software Market by Industry Vertical, 2019-2030, $ mn 73
Table 16. Australia Compensation Software Market by Offering, 2019-2030, $ mn 75
Table 17. Australia Compensation Software Market by Deployment Mode, 2019-2030, $ mn 75
Table 18. Australia Compensation Software Market by Industry Vertical, 2019-2030, $ mn 76
Table 19. India Compensation Software Market by Offering, 2019-2030, $ mn 78
Table 20. India Compensation Software Market by Deployment Mode, 2019-2030, $ mn 78
Table 21. India Compensation Software Market by Industry Vertical, 2019-2030, $ mn 78
Table 22. South Korea Compensation Software Market by Offering, 2019-2030, $ mn 80
Table 23. South Korea Compensation Software Market by Deployment Mode, 2019-2030, $ mn 80
Table 24. South Korea Compensation Software Market by Industry Vertical, 2019-2030, $ mn 80
Table 25. Compensation Software Market in Rest of APAC by Country, 2019-2030, $ mn 82
Table 26. ADP: Company Snapshot 88
Table 27. ADP: Business Segmentation 88
Table 28. ADP: Product Portfolio 89
Table 29. ADP: Revenue, 2016-2018, $ mn 89
Table 30. ADP: Recent Developments 89
Table 31. Risk Evaluation for Investing in Asia Pacific Market, 2019-2030 111
Table 32. Critical Success Factors and Key Takeaways 114
List of Figures:
Figure 1. Research Method Flow Chart 10
Figure 2. Breakdown of Primary Research 12
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 14
Figure 4. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 16
Figure 5. Asia Pacific Compensation Software Market, 2019-2030, $ mn 19
Figure 6. Impact of COVID-19 on Business 21
Figure 7. Primary Drivers and Impact Factors of Asia Pacific Compensation Software Market 23
Figure 8. Primary Restraints and Impact Factors of Asia Pacific Compensation Software Market 26
Figure 9. Investment Opportunity Analysis 30
Figure 10. Porter’s Fiver Forces Analysis of Asia Pacific Compensation Software Market 33
Figure 11. Breakdown of Asia Pacific Compensation Software Market by Offering, 2019-2030, % of Revenue 37
Figure 12. Asia Pacific Addressable Market Cap in 2020-2030 by Offering, Value ($ mn) and Share (%) 38
Figure 13. Asia Pacific Compensation Software Market: Service, 2019-2030, $ mn 39
Figure 14. Asia Pacific Compensation Software Market: Managed Services, 2019-2030, $ mn 40
Figure 15. Asia Pacific Compensation Software Market: Professional Services, 2019-2030, $ mn 41
Figure 16. Asia Pacific Compensation Software Market: Solution, 2019-2030, $ mn 43
Figure 17. Breakdown of Asia Pacific Compensation Software Market by Deployment Mode, 2019-2030, % of Sales Revenue 44
Figure 18. Asia Pacific Addressable Market Cap in 2020-2030 by Deployment Mode, Value ($ mn) and Share (%) 45
Figure 19. Asia Pacific Compensation Software Market: Cloud Based Product, 2019-2030, $ mn 46
Figure 20. Asia Pacific Compensation Software Market: On Premises Product, 2019-2030, $ mn 47
Figure 21. Breakdown of Asia Pacific Compensation Software Market by End User, 2019-2030, % of Sales Revenue 48
Figure 22. Asia Pacific Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%) 49
Figure 23. Asia Pacific Compensation Software Market: Large Enterprises, 2019-2030, $ mn 50
Figure 24. Asia Pacific Compensation Software Market: SMEs, 2019-2030, $ mn 51
Figure 25. Asia Pacific Compensation Software Market: Educational Organizations, 2019-2030, $ mn 52
Figure 26. Asia Pacific Compensation Software Market: Government Institutions, 2019-2030, $ mn 53
Figure 27. Breakdown of Asia Pacific Compensation Software Market by Industry Vertical, 2019-2030, % of Revenue 55
Figure 28. Asia Pacific Addressable Market Cap in 2020-2030 by Industry Vertical, Value ($ mn) and Share (%) 55
Figure 29. Asia Pacific Compensation Software Market: Government, 2019-2030, $ mn 56
Figure 30. Asia Pacific Compensation Software Market: BFSI, 2019-2030, $ mn 57
Figure 31. Asia Pacific Compensation Software Market: Manufacturing Industry, 2019-2030, $ mn 58
Figure 32. Asia Pacific Compensation Software Market: IT and Telecom, 2019-2030, $ mn 59
Figure 33. Asia Pacific Compensation Software Market: Retail Industry, 2019-2030, $ mn 60
Figure 34. Asia Pacific Compensation Software Market: Energy and Utilities, 2019-2030, $ mn 61
Figure 35. Asia Pacific Compensation Software Market: Healthcare Industry, 2019-2030, $ mn 62
Figure 36. Asia Pacific Compensation Software Market: Education, 2019-2030, $ mn 64
Figure 37. Asia Pacific Compensation Software Market: Other Verticals, 2019-2030, $ mn 65
Figure 38. Breakdown of APAC Compensation Software Market by Country, 2019 and 2030, % of Revenue 67
Figure 39. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 68
Figure 40. Compensation Software Market in Japan, 2019-2030, $ mn 70
Figure 41. Compensation Software Market in China, 2019-2030, $ mn 72
Figure 42. Compensation Software Market in Australia, 2019-2030, $ mn 74
Figure 43. Compensation Software Market in India, 2019-2030, $ mn 77
Figure 44. Compensation Software Market in South Korea, 2019-2030, $ mn 79
Figure 45. Compensation Software Market in Rest of APAC, 2019-2030, $ mn 81
Figure 46. Growth Stage of Asia Pacific Compensation Software Industry over the Forecast Period 83
Figure 47. Features of Popular Compensation Software Products 85