The implementation of predictive analytics into HR processes, combined with advancements in IT, is expected to boost growth. With the advancement of numerous human resource management (HRM) solutions, professionals can now complete conventional HR tasks in less time, allowing them to concentrate more on recruiting the best candidates. It entails assisting in the retention of human capital, aligning organisational strategies with individual objectives, and managing human resources in a way that promotes organisational development.
The Human Resource Management Market is expected to be around US$ 29.66 Billion by 2027 at a CAGR of 12.40% in the given forecast period.
The global Human Resource Management market is segregated on the basis of Software as Core HR, Employee Collaboration & Engagement, Recruiting, Talent Management, Workforce Planning & Analytics, and Others. Based on Service the global Human Resource Management market is segmented in Integration & Deployment, Support & Maintenance, and Training & Consulting. Based on Deployment the global Human Resource Management market is segmented in Hosted and On-premise.
Based on Organization Size, the global Human Resource Management market is segmented in Large Enterprise and Small & Medium Enterprise. The report also bifurcates the global Human Resource Management market based on End-use in Academia, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Retail, and Others.
The global Human Resource Management market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Human Resource Management market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Accenture PLC, Automatic Data Processing (ADP), Inc., Cezanne HR Ltd., Ceridian HCM, Inc., IBM Corporation, Kronos Incorporated, Mercer LLC, NetSuite, Inc., Oracle Corporation, Workday, Inc., PricewaterhouseCoopers (PwC), SAP SE, Talentsoft, Ultimate Software, and others are among the major players in the global Human Resource Management market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Human Resource Management Market has been segmented as below:
Human Resource Management Market, By Software
Human Resource Management Market, By Service
Human Resource Management Market, By Deployment
Human Resource Management Market, By Organization Size
Human Resource Management Market, By End-user
Human Resource Management Market, By Region
Human Resource Management Market, By Company
The report covers:
Report Scope:
The global Human Resource Management market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Human Resource Management market share. Major industry players with significant revenue share include Accenture PLC, Automatic Data Processing (ADP), Inc., Cezanne HR Ltd., Ceridian HCM, Inc., IBM Corporation, Kronos Incorporated, Mercer LLC, NetSuite, Inc., Oracle Corporation, Workday, Inc., PricewaterhouseCoopers (PwC), SAP SE, Talentsoft, Ultimate Software, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Human Resource Management Market, By Software
5.1 Introduction
5.2 Core HR
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Employee Collaboration & Engagement
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Recruiting
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Talent Management
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Workforce Planning & Analytics
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Others
5.7.1 Market Overview
5.7.2 Market Size and Forecast
6. Human Resource Management Market, By Service
6.1 Introduction
6.2 Integration & Deployment
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Support & Maintenance
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Training & Consulting
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Human Resource Management Market, By Deployment
7.1 Introduction
7.2 Hosted
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 On-premise
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Human Resource Management Market, By Organization Size
8.1 Introduction
8.2 Large Enterprise
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Small & Medium Enterprise
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. Human Resource Management Market, By End-use
9.1 Introduction
9.2 Academia
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 BFSI
9.3.1 Market Overview
9.3.2 Market Size and Forecast
9.4 Government
9.4.1 Market Overview
9.4.2 Market Size and Forecast
9.5 Healthcare
9.5.1 Market Overview
9.5.2 Market Size and Forecast
9.6 IT & Telecom
9.6.1 Market Overview
9.6.2 Market Size and Forecast
9.7 Manufacturing
9.7.1 Market Overview
9.7.2 Market Size and Forecast
9.8 Retail
9.8.1 Market Overview
9.8.2 Market Size and Forecast
9.9 Others
9.9.1 Market Overview
9.9.2 Market Size and Forecast
10. Human Resource Management Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 North America Human Resource Management, By Software
10.2.2 North America Human Resource Management, By Service
10.2.3 North America Human Resource Management, By Deployment
10.2.4 North America Human Resource Management, By Organization Size
10.2.5 North America Human Resource Management, By End-use
10.3 Europe
10.3.1 Europe Human Resource Management, By Software
10.3.2 Europe Human Resource Management, By Service
10.3.3 Europe Human Resource Management, By Deployment
10.3.4 Europe Human Resource Management, By Organization Size
10.3.5 Europe Human Resource Management, By End-use
10.4 Asia-Pacific
10.4.1 Asia-Pacific Human Resource Management, By Software
10.4.2 Asia-Pacific Human Resource Management, By Service
10.4.3 Asia-Pacific Human Resource Management, By Deployment
10.4.4 Asia-Pacific Human Resource Management, By Organization Size
10.4.5 Asia-Pacific Human Resource Management, By End-use
10.5 Rest of the World
10.5.1 Rest of the World Human Resource Management, By Software
10.5.2 Rest of the World Human Resource Management, By Service
10.5.3 Rest of the World Human Resource Management, By Deployment
10.5.4 Rest of the World Human Resource Management, By Organization Size
10.5.5 Rest of the World Human Resource Management, By End-use
11. Competitive Insights
11.1 Key Insights
11.2 Company Market Share Analysis
11.3 Strategic Outlook
11.3.1 Mergers & Acquisitions
11.3.2 New Product Development
11.3.3 Portfolio/Production Capacity Expansions
11.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
11.3.5 Others
12. Company Profiles
12.1 Accenture PLC
12.1.1 Company Overview
12.1.2 Product/Service Landscape
12.1.3 Financial Overview
12.1.4 Recent Developments
12.2 Automatic Data Processing (ADP), Inc.
12.2.1 Company Overview
12.2.2 Product/Service Landscape
12.2.3 Financial Overview
12.2.4 Recent Developments
12.3 Cezanne HR Ltd.
12.3.1 Company Overview
12.3.2 Product/Service Landscape
12.3.3 Financial Overview
12.3.4 Recent Developments
12.4 Ceridian HCM, Inc.
12.4.1 Company Overview
12.4.2 Product/Service Landscape
12.4.3 Financial Overview
12.4.4 Recent Developments
12.5 IBM Corporation
12.5.1 Company Overview
12.5.2 Product/Service Landscape
12.5.3 Financial Overview
12.5.4 Recent Developments
12.6 Kronos Incorporated
12.6.1 Company Overview
12.6.2 Product/Service Landscape
12.6.3 Financial Overview
12.6.4 Recent Developments
12.7 Mercer LLC
12.7.1 Company Overview
12.7.2 Product/Service Landscape
12.7.3 Financial Overview
12.7.4 Recent Developments
12.8 NetSuite, Inc.
12.8.1 Company Overview
12.8.2 Product/Service Landscape
12.8.3 Financial Overview
12.8.4 Recent Developments
12.9 Oracle Corporation
12.9.1 Company Overview
12.9.2 Product/Service Landscape
12.9.3 Financial Overview
12.9.4 Recent Developments
12.10 Workday, Inc.
12.10.1 Company Overview
12.10.2 Product/Service Landscape
12.10.3 Financial Overview
12.10.4 Recent Developments
12.11 PricewaterhouseCoopers (PwC)
12.11.1 Company Overview
12.11.2 Product/Service Landscape
12.11.3 Financial Overview
12.11.4 Recent Developments
12.12 SAP SE
12.12.1 Company Overview
12.12.2 Product/Service Landscape
12.12.3 Financial Overview
12.12.4 Recent Developments
12.13 Talentsoft
12.13.1 Company Overview
12.13.2 Product/Service Landscape
12.13.3 Financial Overview
12.13.4 Recent Developments
12.14 Ultimate Software
12.14.1 Company Overview
12.14.2 Product/Service Landscape
12.14.3 Financial Overview
12.14.4 Recent Developments
The Human Resource Management Market has been segmented as below:
Human Resource Management Market, By Software
Human Resource Management Market, By Service
Human Resource Management Market, By Deployment
Human Resource Management Market, By Organization Size
Human Resource Management Market, By End-user
Human Resource Management Market, By Region
Human Resource Management Market, By Company
