Product Code: ETC4405621 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Human Capital Management (HCM) market in Georgia is evolving rapidly, driven by the need for organizations to efficiently manage their workforce in a competitive environment. HCM solutions encompass various functions such as recruitment, payroll, training, and performance management. With the increasing emphasis on talent acquisition, retention, and development, the demand for comprehensive HCM solutions is on the rise.
The human capital management (HCM) market in Georgia is witnessing steady growth due to the increasing adoption of cloud-based HCM solutions by organizations across various industries. Cloud-based HCM platforms offer scalability, flexibility, and cost-effectiveness, which are driving their adoption among small, medium, and large enterprises in Georgia. Additionally, the growing emphasis on workforce optimization, talent management, and employee engagement is fueling the demand for advanced HCM solutions in the region. Moreover, the integration of artificial intelligence (AI) and machine learning (ML) technologies in HCM software is further enhancing its functionality and driving market expansion.
Challenges in the human capital management market in Georgia include adapting to evolving workforce dynamics, such as remote work and the gig economy. Additionally, ensuring data security and compliance with changing regulations present ongoing challenges for HCM providers.
The Georgian government recognizes the importance of human capital management for economic development and competitiveness. Policies include initiatives to improve education and skills training, support for workforce development programs, and incentives for companies to invest in employee training and professional development.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Georgia Human Capital Management Market Overview |
3.1 Georgia Country Macro Economic Indicators |
3.2 Georgia Human Capital Management Market Revenues & Volume, 2021 & 2031F |
3.3 Georgia Human Capital Management Market - Industry Life Cycle |
3.4 Georgia Human Capital Management Market - Porter's Five Forces |
3.5 Georgia Human Capital Management Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Georgia Human Capital Management Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.7 Georgia Human Capital Management Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F |
3.8 Georgia Human Capital Management Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Georgia Human Capital Management Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of cloud-based human capital management solutions in Georgia |
4.2.2 Growing focus on talent management and employee engagement |
4.2.3 Technological advancements in artificial intelligence and machine learning for HR processes |
4.3 Market Restraints |
4.3.1 High initial implementation costs of human capital management systems |
4.3.2 Lack of awareness and understanding of the benefits of modern HR technologies in smaller organizations in Georgia |
5 Georgia Human Capital Management Market Trends |
6 Georgia Human Capital Management Market, By Types |
6.1 Georgia Human Capital Management Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Georgia Human Capital Management Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Georgia Human Capital Management Market Revenues & Volume, By Software , 2021-2031F |
6.1.4 Georgia Human Capital Management Market Revenues & Volume, By Services, 2021-2031F |
6.2 Georgia Human Capital Management Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Georgia Human Capital Management Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 Georgia Human Capital Management Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Georgia Human Capital Management Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 Georgia Human Capital Management Market Revenues & Volume, By On-Premises, 2021-2031F |
6.3.3 Georgia Human Capital Management Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 Georgia Human Capital Management Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Georgia Human Capital Management Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.4.3 Georgia Human Capital Management Market Revenues & Volume, By Government, 2021-2031F |
6.4.4 Georgia Human Capital Management Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.5 Georgia Human Capital Management Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.4.6 Georgia Human Capital Management Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.4.7 Georgia Human Capital Management Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.4.8 Georgia Human Capital Management Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.4.9 Georgia Human Capital Management Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
7 Georgia Human Capital Management Market Import-Export Trade Statistics |
7.1 Georgia Human Capital Management Market Export to Major Countries |
7.2 Georgia Human Capital Management Market Imports from Major Countries |
8 Georgia Human Capital Management Market Key Performance Indicators |
8.1 Employee retention rate |
8.2 Employee satisfaction score |
8.3 Training and development effectiveness |
8.4 Time-to-fill vacant positions |
8.5 HR process efficiency |
9 Georgia Human Capital Management Market - Opportunity Assessment |
9.1 Georgia Human Capital Management Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Georgia Human Capital Management Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.3 Georgia Human Capital Management Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F |
9.4 Georgia Human Capital Management Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Georgia Human Capital Management Market - Competitive Landscape |
10.1 Georgia Human Capital Management Market Revenue Share, By Companies, 2024 |
10.2 Georgia Human Capital Management Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |