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North America Compensation Software Market 2020-2030 by Offering (Service, Solution), Deployment Mode (Cloud, On Premises), End User, Industry Vertical, and Country

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Aug 2020 - 110 Pages - From $2,600
(Excel Data Sheet: $1,800)
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North America compensation software market is expected to grow by 7.8% annually in the forecast period and reach $687.3 million by 2030 driven by rising adoption of automated and digital HR technology amongst organizations.
Highlighted with 26 tables and 44 figures, this 110-page report “North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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:
• U.S.
• Canada
• Mexico
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 North America 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 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on the Market 20
2.2 Major Growth Drivers 22
2.3 Market Restraints and Challenges 25
2.4 Emerging Opportunities and Market Trends 28
2.5 Porter’s Fiver Forces Analysis 32
3 Segmentation of North America Market by Offering 36
3.1 Market Overview by Offering 36
3.2 Service 38
3.2.1 Managed Services 39
3.2.2 Professional Services 40
3.3 Solution 42
4 Segmentation of North America Market by Deployment Mode 43
4.1 Market Overview by Deployment Mode 43
4.2 Cloud Based Product 45
4.3 On Premises Product 46
5 Segmentation of North America Market by End User 47
5.1 Market Overview by End User 47
5.2 Large Enterprises 49
5.3 SMEs 50
5.4 Educational Organizations 51
5.5 Government Institutions 52
6 Segmentation of North America Market by Industry Vertical 53
6.1 Market Overview by Industry Vertical 53
6.2 Government 55
6.3 BFSI 56
6.4 Manufacturing Industry 57
6.5 IT and Telecom 58
6.6 Retail Industry 59
6.7 Energy and Utilities 60
6.8 Healthcare Industry 61
6.9 Education 63
6.10 Other Verticals 64
7 North America Market 2019-2030 by Country 65
7.1 Overview of North America Market 65
7.2 U.S. 68
7.3 Canada 72
7.4 Mexico 74
8 Competitive Landscape 76
8.1 Overview of Key Vendors 76
8.2 New Product Launch, Partnership, Investment, and M&A 81
8.3 Company Profiles 82
ADP 82
Beqom 84
Bullseye Engagement LLC 85
Cornerstone 86
CuroComp 87
CWS Software 88
Decusoft 89
Greytip Software 90
Halogen Software 91
HRToolbench 92
IBM. 93
Nitso Technologies 94
Oracle Corporation 95
PayScale, Inc. 96
PeopleTicker 97
Saba Software Inc. 98
SAP Success Factors 99
SecureSheet 100
The Ultimate Software Group, Inc. 101
Willis Towers Watson 102
Workday 103
9 Investing in North America Market: Risk Assessment and Management 104
9.1 Risk Evaluation of North America Market 104
9.2 Critical Success Factors (CSFs) 107
Related Reports and Products 110

List of Tables:

Table 1.  Snapshot of North America Compensation Software Market, 2019-2030 17
Table 2.  Main Product Trends and Market Opportunities in North America Compensation Software Market 28
Table 3. North America Compensation Software Market by Offering, 2019-2030, $ mn 36
Table 4. North America Compensation Software Market: Service by Type, 2019-2030, $ mn 38
Table 5. North America Compensation Software Market: Professional Services by Segment, 2019-2030, $ mn 41
Table 6. North America Compensation Software Market by Deployment Mode, 2019-2030, $ mn 43
Table 7. North America Compensation Software Market by End User, 2019-2030, $ mn 47
Table 8. North America Compensation Software Market by Industry Vertical, 2019-2030, $ mn 53
Table 9. North America Compensation Software Market by Country, 2019-2030, $ mn 66
Table 10. U.S. Compensation Software Market by Offering, 2019-2030, $ mn 70
Table 11. U.S. Compensation Software Market by Deployment Mode, 2019-2030, $ mn 70
Table 12. U.S. Compensation Software Market by Industry Vertical, 2019-2030, $ mn 70
Table 13. Canada Compensation Software Market by Offering, 2019-2030, $ mn 73
Table 14. Canada Compensation Software Market by Deployment Mode, 2019-2030, $ mn 73
Table 15. Canada Compensation Software Market by Industry Vertical, 2019-2030, $ mn 73
Table 16. Mexico Compensation Software Market by Offering, 2019-2030, $ mn 75
Table 17. Mexico Compensation Software Market by Deployment Mode, 2019-2030, $ mn 75
Table 18. Mexico Compensation Software Market by Industry Vertical, 2019-2030, $ mn 75
Table 19. Breakdown of North America Market by Key Vendor, 2019, % 78
Table 20. ADP: Company Snapshot 82
Table 21. ADP: Business Segmentation 82
Table 22. ADP: Product Portfolio 83
Table 23. ADP: Revenue, 2016-2018, $ mn 83
Table 24. ADP: Recent Developments 83
Table 25.  Risk Evaluation for Investing in North America Market, 2019-2030 105
Table 26. Critical Success Factors and Key Takeaways 108

 


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. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 16
Figure 5. North America Compensation Software Market, 2019-2030, $ mn 18
Figure 6. Impact of COVID-19 on Business 20
Figure 7. Primary Drivers and Impact Factors of North America Compensation Software Market 22
Figure 8. Primary Restraints and Impact Factors of North America Compensation Software Market 25
Figure 9. Investment Opportunity Analysis 29
Figure 10. Porter’s Fiver Forces Analysis of North America Compensation Software Market 32
Figure 11. Breakdown of North America Compensation Software Market by Offering, 2019-2030, % of Revenue 36
Figure 12. North America Addressable Market Cap in 2020-2030 by Offering, Value ($ mn) and Share (%) 37
Figure 13. North America Compensation Software Market: Service, 2019-2030, $ mn 38
Figure 14. North America Compensation Software Market: Managed Services, 2019-2030, $ mn 39
Figure 15. North America Compensation Software Market: Professional Services, 2019-2030, $ mn 40
Figure 16. North America Compensation Software Market: Solution, 2019-2030, $ mn 42
Figure 17. Breakdown of North America Compensation Software Market by Deployment Mode, 2019-2030, % of Sales Revenue 43
Figure 18. North America Addressable Market Cap in 2020-2030 by Deployment Mode, Value ($ mn) and Share (%) 44
Figure 19. North America Compensation Software Market: Cloud Based Product, 2019-2030, $ mn 45
Figure 20. North America Compensation Software Market: On Premises Product, 2019-2030, $ mn 46
Figure 21. Breakdown of North America Compensation Software Market by End User, 2019-2030, % of Sales Revenue 47
Figure 22. North America Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%) 48
Figure 23. North America Compensation Software Market: Large Enterprises, 2019-2030, $ mn 49
Figure 24. North America Compensation Software Market: SMEs, 2019-2030, $ mn 50
Figure 25. North America Compensation Software Market: Educational Organizations, 2019-2030, $ mn 51
Figure 26. North America Compensation Software Market: Government Institutions, 2019-2030, $ mn 52
Figure 27. Breakdown of North America Compensation Software Market by Industry Vertical, 2019-2030, % of Revenue 54
Figure 28. North America Addressable Market Cap in 2020-2030 by Industry Vertical, Value ($ mn) and Share (%) 54
Figure 29. North America Compensation Software Market: Government, 2019-2030, $ mn 55
Figure 30. North America Compensation Software Market: BFSI, 2019-2030, $ mn 56
Figure 31. North America Compensation Software Market: Manufacturing Industry, 2019-2030, $ mn 57
Figure 32. North America Compensation Software Market: IT and Telecom, 2019-2030, $ mn 58
Figure 33. North America Compensation Software Market: Retail Industry, 2019-2030, $ mn 59
Figure 34. North America Compensation Software Market: Energy and Utilities, 2019-2030, $ mn 60
Figure 35. North America Compensation Software Market: Healthcare Industry, 2019-2030, $ mn 61
Figure 36. North America Compensation Software Market: Education, 2019-2030, $ mn 63
Figure 37. North America Compensation Software Market: Other Verticals, 2019-2030, $ mn 64
Figure 38. Breakdown of North America Compensation Software Market by Country, 2019 and 2030, % of Revenue 66
Figure 39. Contribution to North America 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 67
Figure 40. U.S. Compensation Software Market, 2019-2030, $ mn 69
Figure 41. Canada Compensation Software Market, 2019-2030, $ mn 72
Figure 42.  Compensation Software Market in Mexico, 2015-2030, $ mn 74
Figure 43. Growth Stage of North America Compensation Software Industry over the Forecast Period 76
Figure 44. Features of Popular Compensation Software Products 79

 

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