Global Human Capital Management Market was valued US$ 14.29 Bn in 2017 and expected to reach US$ 27.49 Bn by 2024 at a CAGR of 9.8%.

Human capital management market is segmented by solution, security type, service, vertical, and region. On the basis of solution, market is divided into Distributed Denial of Service (DDoS), Identity and Access Management (IAM), Antivirus/anti-malware, Intrusion Detection System/Intrusion Prevention System (IDS/IPS), Firewall, Security Information and Event Management (SIEM), Virtualization security, SCADA encryption, Data Loss Prevention (DLP), Unified Threat Management (UTM), Others. Based on security type, market is classified into Network security, Service security, Endpoint security, Database security. According to service, market is divided into Design, integration, and consulting, Audit and reporting, Managed services, Risk management services. On the basis of vertical, market is divided into Energy & Utilities, Chemical & Manufacturing, Power, Transportation Systems, Others. Geographically market is spread by North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.

This is a comprehensive global report focused on the current and future prospects of the global Human Capital Management market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the global Human Capital Management market has been done in order to calculate the growth rates for each segments and sub-segments.

The key driving factor for this market include the rapid growth in the exponential rise in cyber-attacks and network security threats, huge investments in smart technologies and the advancements that are taking place, and support from government organizations for ICS security have led to the increased demand for ICS security solutions.

The cloud sub segment among the deployment model segment is anticipated to grow at a highest market share over the forecast period. This is owing to cloud deployment type stimulates better access to HCM data, with faster implementation and reduced total cost of ownership. Considering the cost benefits, Small and Medium-Sized Enterprises (SMEs) are likely to adopt the cloud-based deployment model for implementing HCM solutions.

Geographically, the Global Human Capital Management Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The swift growth of the market in the Asia-Pacific region is expected to be the fastest-growing region in the global market. The growth in the region is attributed to the offers potential growth opportunities, as there is a increasing government initiatives supporting the digitization of business processes and adoption of cloud-based systems.

key players operated in market includes ABB, Check Point Software Technologies, Belden, Fortinet, Cisco Systems, Honeywell, General Electric, Siemens, Honeywell International,Fireeye, Indegy, Mcafee, Securitymatters, Carbon Black.

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