Worldwide Human Capital Management and Payroll Applications Software Market Shares, 2022: Growth Remained Steady

Worldwide Human Capital Management and Payroll Applications Software Market Shares, 2022: Growth Remained Steady
This IDC study examines the human capital management and payroll applications software market for the 2020–2022 period."The market for HCM and payroll applications with growth of 11.7% stayed strong in 2022 with a very similar growth rate as that of the prior year," says Lisa Rowan, research vice president, Modern HR Strategies and Opportunities for IDC. "Despite the economic headwinds of high inflation, the market for HCM and payroll solutions remained healthy and consistent."

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