Payroll application grew 4.1% in Western Europe in 2005

Human Capital Management market was worth $1 bln in 2005 in Western Europe, growing a healthy 8% compared to 2004. The $630 mln payroll applications market grew at a moderate 4.1% during 2005. The combined market is led by SAP, Oracle, Northgate Information Systems, Sage Group, and DATEV, according to IDC.