Product Code: ETC4405580 | 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 Hungary offers software solutions and services for managing workforce recruitment, development, and retention processes in organizations. HCM systems encompass modules such as talent acquisition, performance management, learning and development, and payroll administration to streamline human resource functions and optimize employee engagement. This market serves businesses, enterprises, and HR professionals seeking digital tools and analytics for strategic workforce management. It is driven by factors such as labor market dynamics, digital transformation, and regulatory compliance requirements.
The Hungary human capital management market is driven by factors such as workforce management, talent acquisition, and digital transformation in HR processes. Human capital management (HCM) solutions offer organizations integrated platforms for employee recruitment, training, performance evaluation, and payroll administration. Moreover, advancements in cloud computing, data analytics, and AI-driven HR technologies further stimulate market growth by enhancing workforce productivity, engagement, and strategic decision-making in Hungary business and HR management sector.
Challenges in the Hungary human capital management market include addressing workforce diversity, enhancing employee engagement, and ensuring compliance with labor regulations. Employers must invest in talent development, foster inclusive workplaces, and leverage technology to streamline HR processes and optimize workforce performance.
Hungary government supports policies aimed at promoting the adoption of human capital management (HCM) systems and practices to enhance workforce productivity, engagement, and development in organizations. These policies may include offering financial incentives, such as tax credits or grants, to encourage businesses to invest in HCM technologies and training programs, promoting standards and certifications to ensure the quality and effectiveness of HCM solutions, and providing technical assistance and consulting services to support the implementation and optimization of HCM strategies. By promoting the use of HCM systems and practices, the government aims to support economic growth, job creation, and talent development in Hungary.
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 Hungary Human Capital Management Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Human Capital Management Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Human Capital Management Market - Industry Life Cycle |
3.4 Hungary Human Capital Management Market - Porter's Five Forces |
3.5 Hungary Human Capital Management Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Hungary Human Capital Management Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.7 Hungary Human Capital Management Market Revenues & Volume Share, By Deployment Mode , 2021 & 2031F |
3.8 Hungary Human Capital Management Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Hungary Human Capital Management Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital HR solutions |
4.2.2 Growing focus on employee engagement and retention |
4.2.3 Emphasis on workforce analytics and data-driven decision making |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of advanced HR technologies |
4.3.2 Resistance to change from traditional HR practices |
4.3.3 Data privacy and security concerns |
5 Hungary Human Capital Management Market Trends |
6 Hungary Human Capital Management Market, By Types |
6.1 Hungary Human Capital Management Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Hungary Human Capital Management Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Hungary Human Capital Management Market Revenues & Volume, By Software , 2021-2031F |
6.1.4 Hungary Human Capital Management Market Revenues & Volume, By Services, 2021-2031F |
6.2 Hungary Human Capital Management Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Hungary Human Capital Management Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 Hungary Human Capital Management Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Hungary Human Capital Management Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 Hungary Human Capital Management Market Revenues & Volume, By On-Premises, 2021-2031F |
6.3.3 Hungary Human Capital Management Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 Hungary Human Capital Management Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Hungary Human Capital Management Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.4.3 Hungary Human Capital Management Market Revenues & Volume, By Government, 2021-2031F |
6.4.4 Hungary Human Capital Management Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.5 Hungary Human Capital Management Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.4.6 Hungary Human Capital Management Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.4.7 Hungary Human Capital Management Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.4.8 Hungary Human Capital Management Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.4.9 Hungary Human Capital Management Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
7 Hungary Human Capital Management Market Import-Export Trade Statistics |
7.1 Hungary Human Capital Management Market Export to Major Countries |
7.2 Hungary Human Capital Management Market Imports from Major Countries |
8 Hungary Human Capital Management Market Key Performance Indicators |
8.1 Employee satisfaction and engagement levels |
8.2 Adoption rate of HR technology solutions |
8.3 Training and development investment per employee |
8.4 Time-to-fill key positions |
8.5 Employee turnover rate |
9 Hungary Human Capital Management Market - Opportunity Assessment |
9.1 Hungary Human Capital Management Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Hungary Human Capital Management Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.3 Hungary Human Capital Management Market Opportunity Assessment, By Deployment Mode , 2021 & 2031F |
9.4 Hungary Human Capital Management Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Hungary Human Capital Management Market - Competitive Landscape |
10.1 Hungary Human Capital Management Market Revenue Share, By Companies, 2024 |
10.2 Hungary Human Capital Management Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |