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The HR software market is forecasted to grow by USD 15.22 billion during 2023-2028, accelerating at a CAGR of 11.74% during the forecast period. The report on the HR software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased budgets for HR software, increasing need to streamline HR functions, and growing need for businesses to comply with regulatory guidelines and ethical standards.
The HR software market is segmented as below:
By Deployment
- Cloud
- On-premises
By End-user
- Large enterprises
- SMEs
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the HR software market covers the following areas:
- HR software market sizing
- HR software market forecast
- HR software market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global HR software market: Automatic Data Processing Inc., Automatic Payroll Systems Inc., Bamboo HR LLC, Cornerstone OnDemand Inc., Dayforce Inc., EmployWise, Greytip Software Pvt. Ltd., International Business Machines Corp., isolved HCM LLC, Namely Inc., Oracle Corp., PATRIOT SOFTWARE LLC, Paycom Software Inc., Paycor HCM Inc., Paylocity Holding Corp., Rippling People Center Inc., SAP SE, TriNet Group Inc., UKG Inc., and Workday Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising adoption of digital HR technology."
According to the report, one of the major drivers for this market is the increased budgets for HR software.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Automatic Data Processing Inc.
- Automatic Payroll Systems Inc.
- Bamboo HR LLC
- Cornerstone OnDemand Inc.
- Dayforce Inc.
- EmployWise
- Greytip Software Pvt. Ltd.
- International Business Machines Corp.
- isolved HCM LLC
- Namely Inc.
- Oracle Corp.
- PATRIOT SOFTWARE LLC
- Paycom Software Inc.
- Paycor HCM Inc.
- Paylocity Holding Corp.
- Rippling People Center Inc.
- SAP SE
- TriNet Group Inc.
- UKG Inc.
- Workday Inc.
