IT 및 통신 분야 HCM 소프트웨어 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the hCM software in IT and telecom market size is expected to increase from USD 6.47 billion in 2025 to USD 7.05 billion in 2026 and reach USD 11.60 billion by 2031, growing at a CAGR of 10.48% over 2026-2031.

This report is Segmented by Component (Software, and Services), Deployment Mode (On-Premises, Cloud, and Hybrid), Application (Core HR, Talent Management, Workforce Management, Payroll, and More), Organization Size (Small and Medium Enterprises, and Large Enterprises), End User Industry (IT Services, and More), and Geography. The Market Forecasts are Provided in Terms of Value (USD).

Global HCM Software In IT And Telecom Market Trends and Insights

Growing Cloud-Native Adoption in IT Stacks

IT service providers and telecom operators are re-platforming HR workloads onto containerized microservices to gain sub-second API response times for real-time labor allocation. Workday's EU Sovereign Cloud release in November 2025 lets European carriers keep data in-region without losing functionality, aligning with GDPR demands. SAP SuccessFactors added more than 400 cloud-native enhancements in 2026, including payroll bots that reconcile taxes across 47 countries. The architecture shift cuts infrastructure overhead by up to 35% compared with on-premises estates and accelerates MSP onboarding cycles from weeks to days.

AI-Enabled Skill Mapping for Telecom Network Evolution

Asia-Pacific telecom operators deploy AI engines that parse certifications and training records to forecast which technicians can shift from copper maintenance to 5G small-cell builds. Eightfold AI identifies flight-risk engineers and triggers retention offers, lowering attrition by 22%. Platforms such as SkillPanel now propose personalized upskilling paths that close gaps within 90 days, helping carriers repurpose legacy staff for Open RAN projects.

Data Residency and Sovereignty Concerns

Enterprises juggling GDPR in Europe, China's CSL, and India's DPDP Act must maintain multiple HCM instances. Vendors now charge 15%-20% premiums for sovereign-cloud SKUs, squeezing IT budgets at carriers already funding 5G rollouts. The fragmented landscape prolongs implementation timelines by up to six months and forces additional audit layers that strain HR teams.

Other drivers and restraints analyzed in the detailed report include:

1. Integrated Analytics Driving ROI Visibility
2. Compliance Mandates for Distributed Workforces
3. Prolonged Legacy ERP Replacement Cycles

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Services accounted for 31.86% of 2025 revenue, but their 13.76% CAGR means this slice of the HCM software in IT and telecom market size will widen by 2031. Systems integrators configure AI shift-scheduling engines and extract decades of payroll history from on-premises ERPs, workloads that customers are reluctant to tackle alone. The HCM software in IT and telecom market share held by software will remain substantial because vendors embed generative copilots that auto-draft job descriptions and compensation offers, yet subscription growth is leveling as license renewal cycles mature.

Large MSPs standardize Dayforce, Oracle HCM Cloud, or UKG across client portfolios to streamline contractor onboarding, driving recurring advisory fees. Vendors respond with fixed-price migration bundles that include data extraction and 90-day hypercare, turning what was a one-time license transaction into a multiyear services annuity.

Cloud remained dominant at 56.88% in 2025, but hybrid's 12.91% CAGR positions it as the fastest-rising slice of the HCM software in IT and telecom market size over the forecast horizon. Enterprises store core payroll in sovereign environments to respect GDPR or India's DPDP rules while running talent analytics in global regions where GPU capacity sits, a configuration that still meets latency targets for AI workloads.

Hybrid growth underscores the tension between cloud economics and data sovereignty. Vendors such as Oracle now allow administrators to geofence individual tables so salary data never leaves the country, while engagement-survey responses sync to regional clusters for sentiment analysis. On-premises footprints will keep shrinking, though certain carriers bound by union accords continue to host systems locally to satisfy collective agreements.

Geography Analysis

North America remained the revenue anchor with 37.12% share in 2025, supported by high cloud penetration, abundant venture funding, and deep payroll domain expertise. Most early Workday, ADP, and UKG deployments originated here, and renewal rates stay near 90%. Yet regulatory stability means future growth moderates, even as upsell potential persists for AI modules.

Asia-Pacific delivers the fastest growth at an 11.78% CAGR through 2031 as carriers in India, Indonesia, and the Philippines digitize blue-collar labor to optimize tower energy spend. Carriers in India and Indonesia digitize labor management programs, du Telecom cited 50% efficiency gains after a 2025 deployment of TCS's HCM platform. Domestic data-protection laws push vendors to open in-country zones, creating a springboard for local integrators and boosting the region's slice of the HCM software in IT and telecom market size. Telecom-specific functionality, such as hazard-pay automation and biometric attendance, drives take-up among operators managing dispersed field crews.

Europe holds significant installed bases thanks to stringent works-council engagement rules and wage-equalization directives. GDPR-driven data-sovereignty spending lifts hybrid adoption, though macro headwinds and protracted ERP replacement slow total license growth. Still, sovereign-cloud releases from SAP and Workday preserve momentum, preventing share erosion.

The Middle East and Africa market expands because nationalization programs require real-time dashboards to prove citizen workforce ratios. Sovereign-cloud demand here mirrors Europe, yet limited legacy burden enables greenfield SaaS rollouts that skip on-premises entirely. South America faces currency volatility, but compliance platforms that automate Brazil's eSocial reporting keep cloud conversions moving, sustaining a mid-single-digit share.

1. Workday Inc.
2. SAP SE
3. Oracle Corporation
4. UKG Inc.
5. ADP LLC
6. Ceridian HCM Holding Inc.
7. Cornerstone OnDemand Inc.
8. Paycom Software Inc.
9. Paylocity Holding Corporation
10. The Sage Group plc
11. Infor Inc.
12. YourPeople Inc. (Zenefits)
13. BambooHR LLC
14. Gusto Inc.
15. PeopleFluent Inc.
16. Ceridian Dayforce, Inc.
17. Ramco Systems Limited
18. Kronos Systems Incorporated
19. Rippling People Center Inc.
20. Namely Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Growing Cloud-Native Adoption in IT Stacks
  • 4.2.2 Integrated Analytics Driving ROI Visibility
  • 4.2.3 Shift Toward Unified Employee Experience Platforms
  • 4.2.4 Compliance Mandates for Distributed Workforces
  • 4.2.5 Rising M&A Activity Among Pure-Play HCM ISVs
  • 4.2.6 AI-Enabled Skill Mapping for Telecom Network Evolution
• 4.3 Market Restraints
  • 4.3.1 Data Residency and Sovereignty Concerns
  • 4.3.2 Prolonged Legacy ERP Replacement Cycles
  • 4.3.3 Shortage of Domain-Specific HCM Integrators
  • 4.3.4 Capital-Expenditure Freeze in Telcos Under Margin Pressure
• 4.4 Industry Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Bargaining Power of Buyers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry
• 4.8 Impact of Macroeconomic Factors on the Market

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Component
  • 5.1.1 Software
  • 5.1.2 Services
• 5.2 By Deployment Mode
  • 5.2.1 On-Premises
  • 5.2.2 Cloud
  • 5.2.3 Hybrid
• 5.3 By Application
  • 5.3.1 Core HR
  • 5.3.2 Talent Management
  • 5.3.3 Workforce Management
  • 5.3.4 Payroll
  • 5.3.5 Other Applications
• 5.4 By Organization Size
  • 5.4.1 Small and Medium Enterprises (SMEs)
  • 5.4.2 Large Enterprises
• 5.5 By End User Industry
  • 5.5.1 IT Services
  • 5.5.2 Telecom Operators
  • 5.5.3 Data Centers
  • 5.5.4 Managed Service Providers
  • 5.5.5 Other End User Industries
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
  • 5.6.2 South America
    • 5.6.2.1 Brazil
    • 5.6.2.2 Argentina
    • 5.6.2.3 Rest of South America
  • 5.6.3 Europe
    • 5.6.3.1 Germany
    • 5.6.3.2 United Kingdom
    • 5.6.3.3 France
    • 5.6.3.4 Italy
    • 5.6.3.5 Spain
    • 5.6.3.6 Russia
    • 5.6.3.7 Rest of Europe
  • 5.6.4 Asia-Pacific
    • 5.6.4.1 China
    • 5.6.4.2 Japan
    • 5.6.4.3 India
    • 5.6.4.4 South Korea
    • 5.6.4.5 Australia
    • 5.6.4.6 Rest of Asia-Pacific
  • 5.6.5 Middle East
    • 5.6.5.1 Saudi Arabia
    • 5.6.5.2 United Arab Emirates
    • 5.6.5.3 Turkey
    • 5.6.5.4 Rest of Middle East
  • 5.6.6 Africa
    • 5.6.6.1 South Africa
    • 5.6.6.2 Egypt
    • 5.6.6.3 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share, Products and Services, Recent Developments)
  • 6.4.1 Workday Inc.
  • 6.4.2 SAP SE
  • 6.4.3 Oracle Corporation
  • 6.4.4 UKG Inc.
  • 6.4.5 ADP LLC
  • 6.4.6 Ceridian HCM Holding Inc.
  • 6.4.7 Cornerstone OnDemand Inc.
  • 6.4.8 Paycom Software Inc.
  • 6.4.9 Paylocity Holding Corporation
  • 6.4.10 The Sage Group plc
  • 6.4.11 Infor Inc.
  • 6.4.12 YourPeople Inc. (Zenefits)
  • 6.4.13 BambooHR LLC
  • 6.4.14 Gusto Inc.
  • 6.4.15 PeopleFluent Inc.
  • 6.4.16 Ceridian Dayforce, Inc.
  • 6.4.17 Ramco Systems Limited
  • 6.4.18 Kronos Systems Incorporated
  • 6.4.19 Rippling People Center Inc.
  • 6.4.20 Namely Inc.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-Space and Unmet-Need Assessment