Global Talent Management Market – Market Reports World

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Talent management software refers to the wide array of integrated applications that human resource management (HR) professionals use for recruitment, performance management, training & development, and compensation management of employees. Talent management software plays a very important role in keeping track of individual employee from the date of hiring to the complete employee lifecycle in the organization. The talent management software has facilitated HR professionals to play a pivotal role in employee engagement and retention. HR professionals can pull all the data and run analytics to optimize employee engagement strategies and bring more value to the company.
The Talent Management market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Talent Management market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Talent Management market.

Major Players in the Talent Management market are:
SAP SuccessFactors Talent Management Suite
Lumesse Talent Management Suite
Crelate Talent Software
Avature Talent Management Suite
IBM Kenexa Talent Acquisition Suite
Halogen TalentSpace
Oracle PeopleSoft
Saba Cloud
Cornerstone OnDemand

On the basis of types, the Talent Management market is primarily split into:
Recruiting Management
Compensation Management
Employee Lifecycle Management
Learning and Training Management
Performance Management

On the basis of applications, the market covers:
Aerospace & Defense
Banking, Financial Services & Insurance
Consumer Goods & Retail
Education
Energy & Utilities
Government
Healthcare & Life Sciences
Information Technology
Manufacturing
Media & Entertainment
Telecommunication
Transportation & Logistics
Travel & Hospitality