Market analysis

Read the latest market trends, discover the most relevant forecast for next years and see the opinion of onthecloud.io analysts.

Companies are catching on

HRMS

There is an increasing trend of Cloud-based deployment of HR applications

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50%

Of the present year purchases and implementations of HR solutions are Cloud-based.

6,051 $MM

HRMS Total Market Value

56%

Top Ten vendors Market share

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Talent Management

Due to the increase of cloud adoption, the market of SMB’s in talent management software is looking quite promising for next 5 years

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50%

5 out of 10 organisations are planning to move towards integrated cloudbased talent management system

11,367 $Mn

Talent Management Software Market is expected to grow at Compound Annual Growth Rate (CAGR) of 16.6%.

40%

Top 5 players Market share

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Learning Management System

LMS market is about 7% of all the elearning services globally and 80% of the organisations prefer to use webbased LMS System

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61%

Companies plan on replacing their learning platforms in the next 18 months, the most frequently cited product to be replaced.

11.34 $ Bn

The global LMS market is expected to grow at an estimated CAGR of 22.8%

53%

Organisations have functionality as the first criteria while buying an LMS followed by price and support respectively.

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Analysts are foreseeing on the horizon

speed of innovation
satisfaction
reputation
economics

Learning Management System

Organizations are realizing that people learn more of what they need to be effective at their job through in-formal channels.

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Cloud Computing

According to Forbes, global SaaS software revenues are forecasted to reach $106B in 2016, increasing 21% over 2015

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Human Resources Apps

According to Apperian, a broad range of enterprise mobile apps will be developed to improve everyone’s productivity

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