Compensation Software Market to grow at a CAGR of 8.77% including key players ADP, Oracle, SAP SuccessFactors, Ultimate Software

“Compensation Software Market”
HTF analysts forecast the global compensation software market to grow at a CAGR of 8.77% during the period 2017-2021.

The study covers geographic analysis that includes regions like Americas, APAC, EMEA and important players/vendors such as ADP, Oracle, SAP SuccessFactors, Ultimate Software, Workday The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-21


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Compensation software automates, organizes, and simplifies complex compensation planning and enables managers to increase accuracy, improve budget allocations, and align compensation decisions with organizational guidelines. Enterprises are implementing compensation software to make better compensation decisions while reducing cycle times with up-to-date, accurate, and auditable processes. The adoption of compensation software is increasing in small enterprises and startups because it shortens compensation cycles for the most complex compensation planning.


HTF analysts forecast the global compensation software market to grow at a CAGR of 8.77% during the period 2017-2021.


Covered in this report

The report covers the present scenario and the growth prospects of the global compensation software market for 2017-2021. To calculate the market size, the report considers revenue generated from the sale of compensation/payroll software license, maintenance and support, installation, customization, and training.


The market is divided into the following segments based on geography:

• Americas




HTF report, Global Compensation Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.


Key vendors


• Oracle

• SAP SuccessFactors

• Ultimate Software

• Workday


Other prominent vendors

• beqom

• BullseyeEngagement

• Cornerstone

• Curo

• CWS Software

• Decusoft

• Execupay

• Greytip Software

• Harvest HCM

• Halogen Software

• HRsoft

• JSM Technologies

• Kinixsys

• Kronos

• Lumesse

• Nitso Technologies

• Paycom

• Peoplefluent

• PayScale

• sumHR

• Talentsoft

• Willis Towers Watson


Market driver

• Demand for automated compensation management processes

• For a full, detailed list, view our report


Market challenge

• High implementation and maintenance cost

• For a full, detailed list, view our report


Market trend

• Rise in demand for integrated HCM solutions

• For a full, detailed list, view our report


Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?


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Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

• Market outline


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PART 05: Economic overview

• Global economic overview and its impact on the market and vendors

PART 06: Market landscape

• Market overview

• Market assumptions

• Global HCM software market

• Share of compensation software in global HCM software market

• Global compensation software market

• Five forces analysis

PART 07: Market segmentation b




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