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Asia Pacific 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

Published: 26 Aug 2020 | Report Code: 10247644 | Pages: 116

Asia Pacific compensation software market will grow by 10.8% annually with a total addressable market cap of $3,725.6 million over 2020-2030 owing to the rising adoption of automated and digital HR technology amongst organizations. Highlighted with 32 tables and 47 figures, this 116-page report “Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka) 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 Asia Pacific 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.)

Table Of Contents

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	19
2.1 Market Size and Forecast	19
2.1.1 Impact of COVID-19 on the Market	21
2.2 Major Growth Drivers	23
2.3 Market Restraints and Challenges	26
2.4 Emerging Opportunities and Market Trends	29
2.5 Porter’s Fiver Forces Analysis	33
3 Segmentation of Asia Pacific Market by Offering	37
3.1 Market Overview by Offering	37
3.2 Service	39
3.2.1 Managed Services	40
3.2.2 Professional Services	41
3.3 Solution	43
4 Segmentation of Asia Pacific Market by Deployment Mode	44
4.1 Market Overview by Deployment Mode	44
4.2 Cloud Based Product	46
4.3 On Premises Product	47
5 Segmentation of Asia Pacific Market by End User	48
5.1 Market Overview by End User	48
5.2 Large Enterprises	50
5.3 SMEs	51
5.4 Educational Organizations	52
5.5 Government Institutions	53
6 Segmentation of Asia Pacific Market by Industry Vertical	54
6.1 Market Overview by Industry Vertical	54
6.2 Government	56
6.3 BFSI	57
6.4 Manufacturing Industry	58
6.5 IT and Telecom	59
6.6 Retail Industry	60
6.7 Energy and Utilities	61
6.8 Healthcare Industry	62
6.9 Education	64
6.10 Other Verticals	65
7 Asia-Pacific Market 2019-2030 by Country	66
7.1 Overview of Asia-Pacific Market	66
7.2 Japan	69
7.3 China	72
7.4 Australia	74
7.5 India	77
7.6 South Korea	79
7.7 Rest of APAC Region	81
8 Competitive Landscape	83
8.1 Overview of Key Vendors	83
8.2 New Product Launch, Partnership, Investment, and M&A	87
8.3 Company Profiles	88
ADP	88
Beqom	90
Bullseye Engagement LLC	91
Cornerstone	92
CuroComp	93
CWS Software	94
Decusoft	95
Greytip Software	96
Halogen Software	97
HRToolbench	98
IBM.	99
Nitso Technologies	100
Oracle Corporation	101
PayScale, Inc.	102
PeopleTicker	103
Saba Software Inc.	104
SAP Success Factors	105
SecureSheet	106
The Ultimate Software Group, Inc.	107
Willis Towers Watson	108
Workday	109
9 Investing in Asia Pacific Market: Risk Assessment and Management	110
9.1 Risk Evaluation of Asia Pacific Market	110
9.2 Critical Success Factors (CSFs)	113
Related Reports and Products	116
List Of Tables

Table 1.  Snapshot of Asia Pacific Compensation Software Market, 2019-2030	17
Table 2.  Main Product Trends and Market Opportunities in Asia Pacific Compensation Software Market	29
Table 3. Asia Pacific Compensation Software Market by Offering, 2019-2030, $ mn	37
Table 4. Asia Pacific Compensation Software Market: Service by Type, 2019-2030, $ mn	39
Table 5. Asia Pacific Compensation Software Market: Professional Services by Segment, 2019-2030, $ mn	42
Table 6. Asia Pacific Compensation Software Market by Deployment Mode, 2019-2030, $ mn	44
Table 7. Asia Pacific Compensation Software Market by End User, 2019-2030, $ mn	48
Table 8. Asia Pacific Compensation Software Market by Industry Vertical, 2019-2030, $ mn	54
Table 9. APAC Compensation Software Market by Country, 2019-2030, $ mn	67
Table 10. Japan Compensation Software Market by Offering, 2019-2030, $ mn	71
Table 11. Japan Compensation Software Market by Deployment Mode, 2019-2030, $ mn	71
Table 12. Japan Compensation Software Market by Industry Vertical, 2019-2030, $ mn	71
Table 13. China Compensation Software Market by Offering, 2019-2030, $ mn	73
Table 14. China Compensation Software Market by Deployment Mode, 2019-2030, $ mn	73
Table 15. China Compensation Software Market by Industry Vertical, 2019-2030, $ mn	73
Table 16. Australia Compensation Software Market by Offering, 2019-2030, $ mn	75
Table 17. Australia Compensation Software Market by Deployment Mode, 2019-2030, $ mn	75
Table 18. Australia Compensation Software Market by Industry Vertical, 2019-2030, $ mn	76
Table 19. India Compensation Software Market by Offering, 2019-2030, $ mn	78
Table 20. India Compensation Software Market by Deployment Mode, 2019-2030, $ mn	78
Table 21. India Compensation Software Market by Industry Vertical, 2019-2030, $ mn	78
Table 22. South Korea Compensation Software Market by Offering, 2019-2030, $ mn	80
Table 23. South Korea Compensation Software Market by Deployment Mode, 2019-2030, $ mn	80
Table 24. South Korea Compensation Software Market by Industry Vertical, 2019-2030, $ mn	80
Table 25. Compensation Software Market in Rest of APAC by Country, 2019-2030, $ mn	82
Table 26. ADP: Company Snapshot	88
Table 27. ADP: Business Segmentation	88
Table 28. ADP: Product Portfolio	89
Table 29. ADP: Revenue, 2016-2018, $ mn	89
Table 30. ADP: Recent Developments	89
Table 31.  Risk Evaluation for Investing in Asia Pacific Market, 2019-2030	111
Table 32. Critical Success Factors and Key Takeaways	114
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. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030	16
Figure 5. Asia Pacific Compensation Software Market, 2019-2030, $ mn	19
Figure 6. Impact of COVID-19 on Business	21
Figure 7. Primary Drivers and Impact Factors of Asia Pacific Compensation Software Market	23
Figure 8. Primary Restraints and Impact Factors of Asia Pacific Compensation Software Market	26
Figure 9. Investment Opportunity Analysis	30
Figure 10. Porter’s Fiver Forces Analysis of Asia Pacific Compensation Software Market	33
Figure 11. Breakdown of Asia Pacific Compensation Software Market by Offering, 2019-2030, % of Revenue	37
Figure 12. Asia Pacific Addressable Market Cap in 2020-2030 by Offering, Value ($ mn) and Share (%)	38
Figure 13. Asia Pacific Compensation Software Market: Service, 2019-2030, $ mn	39
Figure 14. Asia Pacific Compensation Software Market: Managed Services, 2019-2030, $ mn	40
Figure 15. Asia Pacific Compensation Software Market: Professional Services, 2019-2030, $ mn	41
Figure 16. Asia Pacific Compensation Software Market: Solution, 2019-2030, $ mn	43
Figure 17. Breakdown of Asia Pacific Compensation Software Market by Deployment Mode, 2019-2030, % of Sales Revenue	44
Figure 18. Asia Pacific Addressable Market Cap in 2020-2030 by Deployment Mode, Value ($ mn) and Share (%)	45
Figure 19. Asia Pacific Compensation Software Market: Cloud Based Product, 2019-2030, $ mn	46
Figure 20. Asia Pacific Compensation Software Market: On Premises Product, 2019-2030, $ mn	47
Figure 21. Breakdown of Asia Pacific Compensation Software Market by End User, 2019-2030, % of Sales Revenue	48
Figure 22. Asia Pacific Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%)	49
Figure 23. Asia Pacific Compensation Software Market: Large Enterprises, 2019-2030, $ mn	50
Figure 24. Asia Pacific Compensation Software Market: SMEs, 2019-2030, $ mn	51
Figure 25. Asia Pacific Compensation Software Market: Educational Organizations, 2019-2030, $ mn	52
Figure 26. Asia Pacific Compensation Software Market: Government Institutions, 2019-2030, $ mn	53
Figure 27. Breakdown of Asia Pacific Compensation Software Market by Industry Vertical, 2019-2030, % of Revenue	55
Figure 28. Asia Pacific Addressable Market Cap in 2020-2030 by Industry Vertical, Value ($ mn) and Share (%)	55
Figure 29. Asia Pacific Compensation Software Market: Government, 2019-2030, $ mn	56
Figure 30. Asia Pacific Compensation Software Market: BFSI, 2019-2030, $ mn	57
Figure 31. Asia Pacific Compensation Software Market: Manufacturing Industry, 2019-2030, $ mn	58
Figure 32. Asia Pacific Compensation Software Market: IT and Telecom, 2019-2030, $ mn	59
Figure 33. Asia Pacific Compensation Software Market: Retail Industry, 2019-2030, $ mn	60
Figure 34. Asia Pacific Compensation Software Market: Energy and Utilities, 2019-2030, $ mn	61
Figure 35. Asia Pacific Compensation Software Market: Healthcare Industry, 2019-2030, $ mn	62
Figure 36. Asia Pacific Compensation Software Market: Education, 2019-2030, $ mn	64
Figure 37. Asia Pacific Compensation Software Market: Other Verticals, 2019-2030, $ mn	65
Figure 38. Breakdown of APAC Compensation Software Market by Country, 2019 and 2030, % of Revenue	67
Figure 39. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%)	68
Figure 40.  Compensation Software Market in Japan, 2019-2030, $ mn	70
Figure 41.  Compensation Software Market in China, 2019-2030, $ mn	72
Figure 42.  Compensation Software Market in Australia, 2019-2030, $ mn	74
Figure 43.  Compensation Software Market in India, 2019-2030, $ mn	77
Figure 44.  Compensation Software Market in South Korea, 2019-2030, $ mn	79
Figure 45.  Compensation Software Market in Rest of APAC, 2019-2030, $ mn	81
Figure 46. Growth Stage of Asia Pacific Compensation Software Industry over the Forecast Period	83
Figure 47. Features of Popular Compensation Software Products	85

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