Human Resource Management Software
Historical Data: 2016-2020
Base year: 2021
Current Year Data: 2022
Projected Data: 2022-2028
“Global Human Resource Management Software Market size is projected to reach USD 32.47 Billion by 2028 from USD 15.94 Billion in 2021, at a CAGR of 10.7% globally.”.
HR software is a business software or digital solution that assists to manage employee information and daily task related to HR. This software manages the manual tasks manually and keeps information orderly. In 1987, the first HR software is established by Oracle. The name of this software was PeopleSoft and this was a client-server-based human capital management system. This software saves labor time for managers and HR staff by operating all work automatically. The HR software offers several functions such as securely storing the employee data, creating workflows, and tracking approvals, following the employee training for development and compliance, self-service time tracking, performance management, goal tracking, and monitoring all data changes with an audit trail. These beneficial factors supported the growth of the market for human resource management software.
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Global “Human Resource Management Software Market” Research provides growth potential, opportunities, drivers, industry-specific challenges and trends of top Key players. The report includes key indicators with market size, share and growth prospects of industry. It also covers regional segmentation (mainly covers types, applications), latest developments, emerging technologies with historical and forecast market data. Human Resource Management Software Market report delivers comprehensive insights on top growing key players with industry revenue, CAGR status, product scope, demand scenario, import-exports status and production-consumption status across all geographical regions.
The key players covered in the Human Resource Management Software market report is:
ADP LLC (US),Workday (California),Oracle Corporation (US),Kronos (US),Ultimate Software (US),SAP SE. (Germany),Accenture PLC (Ireland),Automatic Data Processing, Inc. (US),Ceridian HCM Holding Inc.(US),Cezanne HR Limited (UK),Harri (US) and other major players.
Segmentation of Human Resource Management Software market:
In market segmentation by Type , Human Resource Management Software Market report covers:
Core HR,Employee Collaboration & Engagement,Recruiting,Talent Management,Workforce Planning & Analytics,Others
In market segmentation by Application, Human Resource Management Software Market report covers:
Manufacturing,BFSI,IT & Telecom,Retail,Healthcare,Logistics,Education
Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
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Recent trends and developments in the global Human Resource Management Software market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. Drivers and restraints impacting the growth of the market have also been analyzed. A segmentation of the global Smart market has been done for the purpose of a detailed study. The market is segmented on the basis of key criteria. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis.
Scope and Segmentation Of The Human Resource Management Software Market Research Report
|Market size available for years||2022-2028|
|Base year considered||2021|
|Forecast units||Million (USD)|
Reasons to buy the global Human Resource Management Software market
1. This research identifies the region and market sector that is likely to expand the fastest and dominate the Human Resource Management Software industry.
2. Market analysis of the Human Resource Management Software by region, covering the consumption of the manufacturer in each country as well as the factors that influence the market within each region.
3. The market environment includes the top players’ Human Resource Management Software market ranking, as well as new service/product announcements, collaborations, company growth, and acquisitions made by the companies profiled in the previous five years.
4. For the top Human Resource Management Software market players, extensive company profiles with business overviews, company insights, product evaluations, and SWOT analyses are available.
5. The company’s present and future outlook in light of recent changes (which include both advanced and developing regions’ growth possibilities and drivers, as well as difficulties and restraints).
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