Yankee Group today announced that the worldwide talent management market is experiencing exponential growth and will reach more than $4.0 billion in revenue by 2009. In 2005, many leading vendors experienced growth rates of 50% to 100%, with some vendors adding more than 100 new clients. This growing market reflects how the enterprise market is changing. As the need for developing competitive human capital increases, the market will remain strong. New service delivery models, including on-demand software delivery and the continued adoption of HR outsourcing, are also key contributors to market success.
Yankee Group Forecasts Worldwide Talent Management Market Will Surpass $2.3 Billion in 2006
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