The global human resource management market size was estimated at USD 27.51 billion in 2024 and is projected to grow at a CAGR of 14.4% from 2025 to 2030. The market growth is being driven by the increasing adoption of cloud-based HR solutions, AI-powered automation, and workforce analytics. Companies are placing greater emphasis on enhancing employee experience, automating HR processes, and ensuring regulatory compliance. The rising demand for efficient talent acquisition, payroll processing, and performance management has fueled the market for integrated HRM software. In addition, the shift to remote and hybrid work models has spurred investments in digital HR solutions, including self-service portals, AI-driven recruitment, and employee engagement tools, further accelerating market growth. As businesses focus on workforce optimization, HRM solutions remain a critical component of corporate strategies.
One significant trend in the global market is the growing use of artificial intelligence (AI) and machine learning (ML) in HR functions. HR technology powered by AI offers predictive analytics for workforce planning, resume screening through automation, and AI-based chatbots for employee assistance. Organizations are using AI-based insights to enhance decision-making, minimize recruitment bias, and optimize overall HR effectiveness. In addition, the employment of generative AI is transforming talent management by allowing customized learning and development initiatives, supporting employee retention planning, and enhancing workplace productivity through automated HR processes.
Another significant change is the rapid adoption of cloud-based HRM solutions. Organizations of all sizes are moving from on-premise HR systems to cloud-based platforms to benefit from better accessibility, scalability, and cost efficiency. Cloud HRM systems provide real-time data insights, facilitate remote workforce management, and allow for seamless integration with third-party applications such as payroll processing and benefits administration. The demand for flexible, subscription-based HR software is rising, especially among small and medium enterprises (SMEs), as they look for cost-effective solutions that offer comprehensive HR functionalities while reducing IT infrastructure costs.
Leading HRM solution providers like SAP, Workday, Oracle, and ADP are continually expanding their offerings through AI-driven improvements, targeted acquisitions, and strategic collaborations. Organizations are integrating advanced workforce analytics, employee wellness solutions, and compliance management modules into their HR platforms to meet evolving business needs. In addition, HR technology companies are focusing on industry-specific HRM solutions tailored for sectors such as healthcare, retail, and IT, which further enhances innovation. With ongoing advancements in automation, self-service HR software, and AI-driven career planning, major players in the HRM sector are consistently investing in the latest technologies to strengthen their market position.
Based on component, the software segment led the market with the largest revenue share of 67.3% and is projected to grow at a significant CAGR during the forecast period. Organizations are increasingly using Human Resources Management (HRM) software to automate workforce processes such as recruitment, payroll, performance management, and employee engagement. Cloud HRM solutions are becoming more popular owing to their scalability, ease of integration, and affordability. Moreover, the integration of artificial intelligence (AI) and automation into HRM platforms is improving decision-making and efficiency. While firms keep giving digital transformation precedence, the demand for end-to-end HRM software will be on the rise due to its capacity to maximize HR functions and enhance the overall productivity of the workforce.
On the other hand, the service segment is expected to grow at the fastest CAGR during the forecast period. As firms implement HRM solutions, the demand for implementation, consulting, training, and support services is growing. Firms need specialist expertise to tailor software solutions as per their respective requirements so that they integrate perfectly with existing infrastructures. Increased usage of cloud-based HRM solutions also means the need for continuous support and maintenance services. Further, contracting out HR processes like payroll processing and administration of employee benefits is fueling growth in this sector. As the adoption of HRM software continues to grow, the need for professional and managed services is likely to increase tremendously.
Based on the deployment, the on-premise segment accounted for the largest revenue share in 2024. Most larger organizations are more inclined towards on-premise Human Resources Management (HRM) solutions because they have more control over data security, compliance, and system customizability. Financial institutions, healthcare providers, and government agencies are some of those industries that use on-premise deployment for fulfilling heavy regulatory demands and safeguarding sensitive employee information. Business organizations with complex HR workflows and integration requirements also go for on-premise solutions so that they do not face any interoperability issues. Though the use of cloud-based solutions is on the rise, on-premise HRM systems are still in common usage because of their stability, advantages of data ownership, and the fact that they can function regardless of internet connectivity.
The hosted segment is projected to grow at a rapid CAGR during the forecast period. Companies are moving towards cloud-based HRM solutions increasingly because of cost savings, scalability, and remote access. Cloud HRM solutions provide real-time analytics of data, automated reporting, and integration with other enterprise software, which improves efficiency and decision-making. Small and medium-sized businesses (SMEs) are especially leading the adoption of cloud computing, as it does away with the requirement for large IT infrastructure and lowers initial costs. Moreover, the increasing application of artificial intelligence (AI) and automation in HR activities also contributes to the growth of cloud-based HRM solutions. As companies continue to focus on digital transformation, the cloud segment will see substantial growth.
Based on end use, the IT & telecom segment accounted for the largest revenue share in 2024 and is expected to grow at the fastest CAGR during the forecast period. The IT & telecom industry has an extremely dynamic and competitive workforce that requires effective HRM solutions for talent attraction, workforce planning, payroll management, and employee engagement. With a high percentage of remote work adoption, organizations operating in this industry rely on online HR platforms to automate recruitment, performance management, and compliance tracking. Moreover, the availability of multinational IT companies and the necessity for frictionless global HR operations also enhance the demand for sophisticated HRM solutions in this industry.
On the other hand, the retail segment is expected to register at the fastest CAGR during the forecast period. The rapid expansion of e-commerce, omnichannel retailing, and seasonal workforce hiring has increased the demand for flexible and scalable HRM solutions in the retail sector. Retail companies require automated HR tools to manage high employee turnover, scheduling, training, and payroll processing across multiple locations. The adoption of AI-driven HR solutions, mobile-based workforce management apps, and cloud-based HRM platforms is expected to drive growth in this segment. As the retail industry continues evolving with digital transformation, the demand for efficient HRM solutions is set to rise significantly.
Based on enterprise size, the large enterprise segment accounted for the largest market revenue share in 2024. Large enterprises operate with complex organizational structures, requiring advanced human resource management (HRM) solutions for talent acquisition, payroll processing, workforce planning, and compliance management. These companies often invest in AI-driven HR analytics, cloud-based platforms, and automation tools to enhance employee experience and optimize HR workflows. In addition, multinational corporations require scalable HRM systems that can manage diverse workforces across multiple locations, which further drives the adoption of enterprise-grade HR solutions.
On the other hand, the small and medium-sized enterprises (SME) segment is anticipated to experience at a significant CAGR between 2025 and 2030. SMEs are increasingly adopting cloud-based and AI-powered HRM solutions to streamline their HR operations, reduce administrative burdens, and improve employee engagement. Cost-effective, subscription-based HRM platforms are becoming popular among SMEs, enabling them to access essential HR functionalities without the need for significant upfront investment. Furthermore, the growing awareness of HR compliance, workforce analytics, and remote work management is promoting the adoption of HRM solutions in this segment. As SMEs continue to expand and digitize their HR processes, they are anticipated to witness substantial growth.
North America dominated the human resource management market with the largest revenue share of 36.21% in 2024. The growth is driven by the widespread adoption of cloud-based HR solutions, increasing investments in AI-driven workforce management, and a strong focus on employee experience. The U.S. leads the region, with major companies such as Workday, SAP, and ADP offering HR technology solutions that streamline payroll, benefits administration, and talent management. The demand for HR analytics and automation is rising as businesses seek to improve workforce planning and employee engagement. In additional, evolving labor laws and compliance requirements, including diversity and inclusion initiatives, are prompting companies to adopt advanced HR solutions. The expansion of remote and hybrid work models has further fueled demand for cloud-based Human Capital Management (HCM) platforms.
The human resource management market in the U.S. is witnessing tremendous growth, fueled by the rising adoption of AI-driven HR technology, payroll and benefits administration automation, and a sharp focus on employee experience. Organizations are embracing cloud-based Human Capital Management (HCM) platforms to simplify workforce planning and compliance management. The increasing adoption of remote and hybrid work arrangements further fueled the need for HR software enabling digital collaboration, talent recruitment, and performance management. Further, changes in labor regulations, diversity and inclusion efforts, and workforce analytics implementations are informing HR strategies and are causing firms to invest in cutting-edge HR technologies to gain efficiency.
The human resource management market in Europe is being spurred by digital transformation, automation, and changing labor laws. Businesses are embracing AI-driven HR tools for recruitment, workforce planning, and employee engagement. The increasing popularity of remote and hybrid work patterns has further fueled demand for cloud-based Human Capital Management (HCM) solutions. Stringent labor regulations and data protection laws like GDPR are molding HR strategies, compelling businesses to invest in HR technology that focuses on compliance. Furthermore, the focus on diversity, equity, and inclusion (DEI) and employee well-being programs continue to impact HR policies, making technology-driven HR solutions essential for European businesses.
The UK human resources management market is transforming with AI-powered recruitment, cloud-based services, and compliance-oriented workforce software. Firms are embracing automation for payroll, employee tracking, and performance management to aid hybrid work arrangements. Brexit has compounded labor shortages, which are driving talent acquisition demand for predictive analytics. Diversity, equity, and inclusion (DEI) programs are fueling technology adoption. Organizations are focusing on employee well-being with mental health initiatives and flexible work arrangements. As policies change, organizations invest in automation and workforce analytics to enhance efficiency compliance, while elevating employee experience and retention in an uncertain labor market.
The human resources management market in Germany is influenced by stringent labor regulations, workforce automation, and digital change. Organizations are implementing AI-based recruitment software, payroll automation, and cloud platforms to enhance efficiency. The aging population fuels the need for upskilling and succession planning initiatives. Employee engagement continues to be high, with companies putting money into initiatives of well-being and flexible working. Labor regulatory compliance affects company strategies, boosting workforce analytics adoption and automated report tools. Talent retention forces companies to give more importance to employer branding as well as online self-service technologies, maintaining both efficiency and German compliance in shifting employment dynamics.
The human resource management market in the Asia Pacific is growing as a result of accelerated digitalization, automation of the workforce, and changing labor laws. Cloud-based HR solutions, artificial intelligence-powered recruitment, and workforce analytics are extensively used as firms pursue efficiency and scalability. Growth in remote and hybrid work arrangements boosts demand for payroll automation and employee self-service solutions. China, India, and Japan are spending on HR technology to increase productivity and adherence. In addition, increasing emphasis on employee well-being, diversity, and talent development is influencing HR strategies, with companies using technology to enhance workforce engagement and operational effectiveness.
The China human resources management market is evolving as companies adopt digital HR solutions and AI-based recruitment tools. The size of the country's workforce and changing labor laws create demand for payroll automation, compliance management, and workforce analytics. Government policies focusing on local talent creation and employment laws impact HR strategies. Firms are increasingly leveraging big data to drive employee engagement and retention. The growth of gig and flexible work also compels businesses to implement cloud-based Human Resources Management solutions, guaranteeing agility and compliance. Multinational firms in China are also investing in HR platforms to meet global workforce management standards.
The human resources management market in India is transforming at a fast pace with digitalization, AI-based hiring, and an analytics-driven workforce. The nation's growing gig economy and hybrid workplace culture require automating payroll processing, performance management, and tracking compliance. Labor reforms by the government prompt organizations to implement organized workforce solutions to enhance transparency and efficiency. Upskilling and reskilling are becoming increasingly popular as organizations respond to skills shortages in an intense job market. The growing emphasis on employee wellness and engagement has resulted in higher usage of AI-driven HR chatbots, self-service portals, and mental health support initiatives, transforming Human Resources Management practices.
The human resource management market in the Middle East & Africa is growing steadily because of growing digital transformation and cloud-based HR solutions adoption. Firms are giving utmost importance to automation in workforce management, compliance, and payroll for enhanced efficiency and compliance with changing labor regulations. The use of AI-powered talent acquisition, employee engagement platforms, and workforce analytics is increasing because companies are trying to optimize human capital. Government policies aimed at localization and nationalization of the workforce, including Saudization and Emiratization, are compelling businesses to invest in formal Human Resources Management systems. The gig economy and hybrid work arrangements are also transforming workforce strategies.
The UAE human resources management market is transforming at a fast pace owing to the nation's emphasis on digital innovation and regulatory reforms. The adoption of AI-powered HR tools, payroll automation, and workforce analytics is growing as organizations rationalize operations. Emiratization policies compel businesses to promote hiring and training locals. Furthermore, the UAE's open work visa policies and rising expat labor force propel the need for cutting-edge Human Resources Management platforms. Organizations are deploying AI-driven hiring, employee experience platforms, and compliance management software to address changing labor laws and workforce expectations in a more digital and competitive business landscape.
The human resources management market in Saudi Arabia is growing as Vision 2030 reforms propel nationalization of the workforce and digital transformation. The Saudization program requires local recruitment, and thus demand for automated HR solutions that help with compliance and workforce planning rises. Firms are spending money on cloud HR solutions, artificial intelligence-powered hiring, and learning management software in order to retain and recruit staff. With the increasing emphasis on employee engagement and performance management, organizations are bringing in advanced analytics and self-service portals. Also, the country's emerging gig economy and flexible work policies propel the use of digital Human Resources Management solutions to enhance workforce efficiency and compliance.
Some of the key players in the AdTech market include Accenture, ADP, Inc., Cegid, and Ceridian HCM Holding, Inc.
Accenture provides HR technology consulting, digital transformation of the workforce, and cloud HR solutions. Accenture enables companies to leverage AI-powered HR tools, automate talent management for optimization, and enhance employee experience through analytics and automation.
ADP, Inc. offers a comprehensive range of human capital management (HCM) solutions, ranging from payroll processing and benefits administration to talent acquisition and workforce management. Its platforms, like ADP Workforce Now and ADP Vantage HCM, serve companies across all sizes, achieving compliance and efficiency in HR processes.
Cegid is a cloud-based HR and payroll software company that targets small to mid-sized companies and enterprises. Its products range from talent acquisition to performance management, time tracking, and regulatory compliance, with a large presence in the European market.
Ceridian HCM Holding, Inc. provides Dayforce, a cloud-based human capital management platform that combines payroll, workforce management, HR, talent acquisition, and employee engagement. The platform has a continuous calculation engine that provides real-time payroll and workforce insights.
IBM, Mercer LLC, Oracle, and PwC are some of the emerging market participants in the market.
IBM offers AI-based HR solutions via IBM Watson, including talent acquisition, workforce analytics, and employee engagement. IBM also offers HR transformation consulting to assist companies in optimizing their workforce strategies with AI-powered automation.
Mercer LLC is an international HR consulting company that offers services in employee benefits, compensation strategy, talent mobility, and workforce transformation. Mercer's HR technology solutions assist companies in optimizing their workforce strategies through data-driven insights and automation.
Oracle provides Oracle Cloud HCM, a complete suite including payroll, workforce analytics, performance management, and AI-based automation of HR processes. The system is integrated with Oracle's overall cloud ecosystem to enable smooth HR and finance processes.
PwC offers HR consulting services in the areas of digital workforce transformation, HR process optimization, and compliance management. PwC assists companies in deploying cloud-based HR systems and using analytics for workforce planning and decision-making.
The following are the leading companies in the human resource management market. These companies collectively hold the largest market share and dictate industry trends.
In 2024, Workday solidified its leadership in the Human Resources Management market, by growing its Workday Human Capital Management (HCM) adoption among large retailers to attract and retain high-performing frontline employees. The company also deepened its workforce management capabilities, such as scheduling, talent optimization, and payroll, to enhance employee engagement, productivity, and operational efficiency.
In 2024, ADP introduced "ADP Assist," a generative AI-enabled HR assistant that simplifies payroll, benefits, and compliance work. The solution offers real-time insights, automates responses to employee questions, and enhances decision-making for HR professionals, making them more productive and engaged.
In 2024, SAP launched AI-powered innovations in its SuccessFactors HCM suite to advance talent management and workforce planning. The new features include a sophisticated talent intelligence hub that combines third-party skills data for a single employee skills profile, enhancing career development and strategic workforce planning. The new SAP SuccessFactors Career and Talent Development solution also enables employees to connect career growth objectives to organizational requirements. AI-driven capabilities, including AI-supported 360-degree feedback and onboarding support through SAP's AI copilot Joule, also enhance employee experience and decision-making.
Report Attribute |
Details |
Market size value in 2024 |
USD 30.90 billion |
Revenue forecast in 2030 |
USD 60.52 billion |
Growth rate |
CAGR of 14.4% from 2025 to 2030 |
Base year for estimation |
2024 |
Historical data |
2018 - 2023 |
Forecast period |
2025 - 2030 |
Quantitative units |
Revenue in USD million/billion, and CAGR from 2025 to 2030 |
Report coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Segments covered |
Component, deployment, enterprise size, end-use, region |
Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country scope |
U.S.; Canada; Mexico; Germany; UK; France; China; India; Japan; South Korea; Australia; Brazil; Saudi Arabia; UAE, South Africa |
Key companies profiled |
Accenture; ADP, Inc.; Cegid; Ceridian HCM Holding, Inc.; Cezanne HR; IBM; Mercer LLC; Oracle; PwC; SAP SE; UKG, Inc.; Workday, Inc. |
Customization scope |
Free report customization (equivalent to up to 8 analyst working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global human resource management market report based on the component, deployment, enterprise size, end-use, and region:
Component Outlook (Revenue, USD Million, 2018 - 2030)
Software
Core HR
Employee Collaboration & Engagement
Recruiting
Talent Management
Workforce Planning & Analytics
Others
Service
Integration & Deployment
Support & Maintenance
Training & Consulting
Deployment Outlook (Revenue, USD Million, 2018 - 2030)
Hosted
On-Premise
Enterprise Size Outlook (Revenue, USD Million, 2018 - 2030)
Large Enterprise
Small and Medium Enterprise
End-use Outlook (Revenue, USD Million, 2018 - 2030)
Academia
BFSI
Government
Healthcare
IT & Telecom
Manufacturing
Retail
Others
Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Asia Pacific
China
Japan
India
South Korea
Australia
Latin America
Brazil
Middle East & Africa (MEA)
Saudi Arabia
UAE
South Africa
b. The global human resource management market size was estimated at USD 27.51 billion in 2024 and is expected to reach USD 30.90 billion in 2025.
b. The global human resource management market is expected to grow at a compound annual growth rate of 14.4% from 2025 to 2030 to reach USD 60.52 billion by 2030.
b. North America dominated the human resource management market in 2024 with a revenue share of over 36%.
b. Some key players operating in the HRM market include Accenture PLC, Automatic Data Processing (ADP), Inc., Cezanne HR Ltd., Ceridian HCM, Inc., IBM Corporation, Kronos Incorporated, Mercer LLC, NetSuite, Inc., Oracle Corporation, SAP SE, Talentsoft, Ultimate Software, and Workday, Inc.
b. Key factors that are driving the HRM market growth include advancements in the field of Information Technology (IT) coupled with the introduction of predictive analytics in the field of HR processes. Furthermore, it is helping in retaining human capital, aligning organizational strategies with individual goals, and managing human resources in a manner that results in organizational growth.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.3.1. Information analysis
1.3.2. Market formulation & data visualization
1.3.3. Data validation & publishing
1.4. 1.4 Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Human Resource Management Market Snapshot
2.2. Human Resource Management Market- Segment Snapshot (1/2)
2.3. Human Resource Management Market- Segment Snapshot (2/2)
2.4. Human Resource Management Market- Competitive Landscape Snapshot
Chapter 3. Human Resource Management Market - Industry Outlook
3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Industry Challenges
3.3.4. Industry Opportunities
3.4. Industry Analysis Tools
3.4.1. Porter’s five forces analysis
3.4.2. Macroeconomic analysis
Chapter 4. Human Resource Management Market: Component Estimates & Trend Analysis
4.1. Segment Dashboard
4.2. Human Resource Management Market: Component Movement Analysis, USD Million, 2024 & 2030
4.3. Software
4.3.1. Software Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.3.2. Core HR
4.3.2.1. Core HR Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.3.3. Employee Collaboration & Engagement
4.3.3.1. Employee Collaboration & Engagement Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.3.4. Recruiting
4.3.4.1. Recruiting Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.3.5. Talent Management
4.3.5.1. Talent Management Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.3.6. Workforce Planning & Analytics
4.3.6.1. Workforce Planning & Analytics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.3.7. Others
4.3.7.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Service
4.4.1. Service Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4.2. Integration & Deployment
4.4.2.1. Integration & Deployment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4.3. Integration & Deployment
4.4.3.1. Integration & Deployment Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4.4. Training & Consulting
4.4.4.1. Training & Consulting Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Human Resource Management Market: Deployment Estimates & Trend Analysis
5.1. Segment Dashboard
5.2. Human Resource Management Market: Deployment Movement Analysis, USD Million, 2024 & 2030
5.3. Hosted
5.3.1. Hosted Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. On-Premise
5.4.1. On-Premise Advertising Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Human Resource Management Market: Enterprise Size Estimates & Trend Analysis
6.1. Segment Dashboard
6.2. Human Resource Management Market: Enterprise Size Movement Analysis, USD Million, 2024 & 2030
6.3. Large Enterprise
6.3.1. Large Enterprise Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Small and Medium Enterprise
6.4.1. Small and Medium Enterprise Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Human Resource Management Market: End-use Estimates & Trend Analysis
7.1. Segment Dashboard
7.2. Human Resource Management Market: End-use Movement Analysis, USD Million, 2024 & 2030
7.3. Academia
7.3.1. Academia Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. BFSI
7.4.1. BFSI Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Government
7.5.1. Government Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Healthcare
7.6.1. Healthcare Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.7. IT & Telecom
7.7.1. IT & Telecom Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.8. Manufacturing
7.8.1. Manufacturing Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.9. Retail
7.9.1. Retail Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.10. Others
7.10.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Regional Estimates & Trend Analysis
8.1. Human Resource Management Market, by Region, 2024 & 2030
8.2. North America
8.2.1. North America Human Resource Management Market Estimates & Forecasts, 2018 - 2030 (USD Million)
8.2.2. U.S.
8.2.2.1. U.S. Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.2.3. Canada
8.2.3.1. Canada Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.2.4. Mexico
8.2.4.1. Mexico Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3. Europe
8.3.1. Europe Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3.2. UK
8.3.2.1. UK Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3.3. Germany
8.3.3.1. Germany Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3.4. France
8.3.4.1. France Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4. Asia Pacific
8.4.1. Asia Pacific Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.2. China
8.4.2.1. China Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.3. Japan
8.4.3.1. Japan Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.4. India
8.4.4.1. India Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.5. South Korea
8.4.5.1. South Korea Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4.6. Australia
8.4.6.1. Australia Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5. Latin America
8.5.1. Latin America Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5.2. Brazil
8.5.2.1. Brazil Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6. Middle East and Africa
8.6.1. Middle East and Africa Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6.2. UAE
8.6.2.1. UAE Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6.3. Saudi Arabia
8.6.3.1. Saudi Arabia Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6.4. South Africa
8.6.4.1. South Africa Human Resource Management Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 9. Human Resource Management Market - Competitive Landscape
9.1. Recent Developments & Impact Analysis, By Key Market Participants
9.2. Company Categorization
9.3. Participant’s Overview
9.4. Financial Performance
9.5. Product Benchmarking
9.6. Company Market Positioning
9.7. Company Heat Map Analysis
9.8. Strategy Mapping
9.8.1. Partnerships
9.8.2. New Product Launches
9.8.3. Merger & Acquisition
9.8.4. Expansion
9.9. Company Profiles
9.9.1. Accenture
9.9.1.1. Participant’s Overview
9.9.1.2. Financial Performance
9.9.1.3. Product Benchmarking
9.9.1.4. Recent Developments
9.9.2. ADP, Inc.
9.9.2.1. Participant’s Overview
9.9.2.2. Financial Performance
9.9.2.3. Product Benchmarking
9.9.2.4. Recent Developments
9.9.3. Cegid
9.9.3.1. Participant’s Overview
9.9.3.2. Financial Performance
9.9.3.3. Product Benchmarking
9.9.3.4. Recent Developments
9.9.4. Ceridian HCM Holding, Inc.
9.9.4.1. Participant’s Overview
9.9.4.2. Financial Performance
9.9.4.3. Product Benchmarking
9.9.4.4. Recent Developments
9.9.5. Cezanne HR
9.9.5.1. Participant’s Overview
9.9.5.2. Financial Performance
9.9.5.3. Product Benchmarking
9.9.5.4. Recent Developments
9.9.6. IBM
9.9.6.1. Participant’s Overview
9.9.6.2. Financial Performance
9.9.6.3. Product Benchmarking
9.9.6.4. Recent Developments
9.9.7. Mercer LLC
9.9.7.1. Participant’s Overview
9.9.7.2. Financial Performance
9.9.7.3. Product Benchmarking
9.9.7.4. Recent Developments
9.9.8. Oracle
9.9.8.1. Participant’s Overview
9.9.8.2. Financial Performance
9.9.8.3. Product Benchmarking
9.9.8.4. Recent Developments
9.9.9. PwC
9.9.9.1. Participant’s Overview
9.9.9.2. Financial Performance
9.9.9.3. Product Benchmarking
9.9.9.4. Recent Developments
9.9.10. SAP SE
9.9.10.1. Participant’s Overview
9.9.10.2. Financial Performance
9.9.10.3. Product Benchmarking
9.9.10.4. Recent Developments
9.9.11. UKG, Inc.
9.9.11.1. Participant’s Overview
9.9.11.2. Financial Performance
9.9.11.3. Product Benchmarking
9.9.11.4. Recent Developments
9.9.12. Workday, Inc.
9.9.12.1. Participant’s Overview
9.9.12.2. Financial Performance
9.9.12.3. Product Benchmarking
9.9.12.4. Recent Developments
List of Tables
Table 1 Human resources management market 2018 - 2030 (USD Million)
Table 2 Human resources management market, by region, 2018 - 2030 (USD Million)
Table 3 Human resources management market, by component, 2018 - 2030 (USD Million)
Table 4 Human resources management market, by deployment, 2018 - 2030 (USD Million)
Table 5 Human resources management market, by enterprise size, 2018 - 2030 (USD Million)
Table 6 Human resources management market, by end-use, 2018 - 2030 (USD Million)
Table 7 Software market, by region, 2018 - 2030 (USD Million)
Table 8 Core HR market, by region, 2018 - 2030 (USD Million)
Table 9 Employee collaboration & engagement market, by region, 2018 - 2030 (USD Million)
Table 10 Recruiting market, by region, 2018 - 2030 (USD Million)
Table 11 Talent management market, by region, 2018 - 2030 (USD Million)
Table 12 Workforce planning & analytics market, by region, 2018 - 2030 (USD Million)
Table 13 Others market, by region, 2018 - 2030 (USD Million)
Table 14 Service market, by region, 2018 - 2030 (USD Million)
Table 15 Integration & deployment market, by region, 2018 - 2030 (USD Million)
Table 16 Support & maintenance market, by region, 2018 - 2030 (USD Million)
Table 17 Training & consulting market, by region, 2018 - 2030 (USD Million)
Table 18 Hosted market, by region, 2018 - 2030 (USD Million)
Table 19 On-Premise market, by region, 2018 - 2030 (USD Million)
Table 20 Large enterprise market, by region, 2018 - 2030 (USD Million)
Table 21 Small and medium enterprise (sme) market, by region, 2018 - 2030 (USD Million)
Table 22 Academia market, by region, 2018 - 2030 (USD Million)
Table 23 BFSI market, by region, 2018 - 2030 (USD Million)
Table 24 Government market, by region, 2018 - 2030 (USD Million)
Table 25 Healthcare market, by region, 2018 - 2030 (USD Million)
Table 26 IT & telecom market, by region, 2018 - 2030 (USD Million)
Table 27 Manufacturing market, by region, 2018 - 2030 (USD Million)
Table 28 Retail market, by region, 2018 - 2030 (USD Million)
Table 29 Others market, by region, 2018 - 2030 (USD Million)
Table 30 North America human resource management market, by component, 2018 - 2030 (USD Million)
Table 31 North America human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 32 North America human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 33 North America human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 34 U.S human resource management market, by component, 2018 - 2030 (USD Million)
Table 35 U.S human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 36 U.S human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 37 U.S human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 38 Canada human resource management market, by component, 2018 - 2030 (USD Million)
Table 39 Canada human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 40 Canada human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 41 Canada human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 42 Mexico human resource management market, by component, 2018 - 2030 (USD Million)
Table 43 Mexico human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 44 Mexico human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 45 Mexico human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 46 Europe human resource management market, by component, 2018 - 2030 (USD Million)
Table 47 Europe human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 48 Europe human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 49 Europe human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 50 Germany human resource management market, by component, 2018 - 2030 (USD Million)
Table 51 Germany human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 52 Germany human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 53 Germany human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 54 UK human resource management market, by component, 2018 - 2030 (USD Million)
Table 55 UK human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 56 UK human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 57 UK human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 58 France human resource management market, by component, 2018 - 2030 (USD Million)
Table 59 France human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 60 France human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 61 France human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 62 Asia Pacific human resource management market, by component, 2018 - 2030 (USD Million)
Table 63 Asia Pacific human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 64 Asia Pacific human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 65 Asia Pacific human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 66 China human resource management market, by component, 2018 - 2030 (USD Million)
Table 67 China human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 68 China human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 69 China human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 70 Japan human resource management market, by component, 2018 - 2030 (USD Million)
Table 71 Japan human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 72 Japan human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 73 Japan human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 74 India human resource management market, by component, 2018 - 2030 (USD Million)
Table 75 India human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 76 India human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 77 India human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 78 South Korea human resource management market, by component, 2018 - 2030 (USD Million)
Table 79 South Korea human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 80 South Korea human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 81 South Korea human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 82 Australia human resource management market, by component, 2018 - 2030 (USD Million)
Table 83 Australia human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 84 Australia human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 85 Australia human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 86 Latin America human resource management market, by component, 2018 - 2030 (USD Million)
Table 87 Latin America human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 88 Latin America human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 89 Latin America human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 90 Brazil human resource management market, by component, 2018 - 2030 (USD Million)
Table 91 Brazil human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 92 Brazil human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 93 Brazil human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 94 Middle East & Africa human resource management market, by component, 2018 - 2030 (USD Million)
Table 95 Middle East & Africa human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 96 Middle East & Africa human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 97 Middle East & Africa human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 98 South Africa human resource management market, by component, 2018 - 2030 (USD Million)
Table 99 South Africa human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 100 South Africa human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 101 South Africa human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 102 UAE human resource management market, by component, 2018 - 2030 (USD Million)
Table 103 UAE human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 104 UAE human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 105 UAE human resource management market, by end-use, 2018 - 2030 (USD Million)
Table 106 Saudi Arabia human resource management market, by component, 2018 - 2030 (USD Million)
Table 107 Saudi Arabia human resource management market, by deployment, 2018 - 2030 (USD Million)
Table 108 Saudi Arabia human resource management market, by enterprise size, 2018 - 2030 (USD Million)
Table 109 Saudi Arabia human resource management market, by end-use, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Human resources management market segmentation
Fig. 2 Information Procurement
Fig. 3 Data analysis models
Fig. 4 Market formulation and validation
Fig. 5 Data validating & publishing
Fig. 6 Market snapshot
Fig. 7 Segment snapshot (1/2)
Fig. 8 Segment snapshot (2/2)
Fig. 9 Competitive landscape snapshot
Fig. 10 Human resources management market value, 2024 (USD Million)
Fig. 11 Human resources management market - end-use value chain analysis
Fig. 12 Human resources management market dynamics
Fig. 13 Human resources management market: Porter's five forces analysis
Fig. 14 Human resources management market: Pestel analysis
Fig. 15 Human resources management market share by component, 2024 & 2030 (USD Million)
Fig. 16 Human resources management market, by component: market share, 2024 & 2030
Fig. 17 Software market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 18 Core HR market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 19 Employee collaboration & engagement market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 20 Recruiting market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 21 Talent management market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 22 Workforce planning & analytics market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 23 Others market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 24 Service market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 25 Integration & deployment market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 26 Support & maintenance market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 27 Training & consulting market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 28 Human resources management market share by deployment, 2024 & 2030 (USD Million)
Fig. 29 Human resources management market, by deployment: market share, 2024 & 2030
Fig. 30 Hosted market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 31 On-Premise market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 32 Human resources management market share by enterprise size, 2024 & 2030 (USD Million)
Fig. 33 Human resources management market, by enterprise size: market share, 2024 & 2030
Fig. 34 Large enterprise market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 35 Small and medium enterprise (SME) market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 36 Human resources management market share by end-use, 2024 & 2030 (USD Million)
Fig. 37 Human resources management market, by end-use: market share, 2024 & 2030
Fig. 38 Academia market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 39 BFSI market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 40 Government market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 41 Healthcare market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 42 IT & telecom market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 43 Manufacturing market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 44 Retail market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 45 Others market estimates & forecasts, 2018 - 2030 (Revenue, USD Million)
Fig. 46 Human resources management market revenue, by region, 2024 & 2030 (USD Million)
Fig. 47 Regional marketplace: Key takeaways (1/2)
Fig. 48 Regional marketplace: Key takeaways (2/2)
Fig. 49 North America human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 50 U.S human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 51 Canada human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 52 Mexico human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 53 Europe human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 54 Germany human resource management market estimates and forecast 2018 - 2030 (USD Million)
Fig. 55 UK human resource management market estimates and forecast 2018 - 2030 (USD Million)
Fig. 56 France human resource management market estimates and forecast 2018 - 2030 (USD Million)
Fig. 57 Asia Pacific human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 58 China human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 59 Japan human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 60 India human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 61 South Korea human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 62 Australia human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 63 Latin America human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 64 Brazil human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 65 MEA human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 66 UAE human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 67 South Africa human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 68 Saudi Arabia human resource management market estimates and forecast, 2018 - 2030 (USD Million)
Fig. 69 Key company categorization
Fig. 70 Company market positioning
Fig. 71 Strategic framework
Market Segmentation
Report content
Qualitative Analysis
Quantitative Analysis
Research Methodology
Grand View Research employs a comprehensive and iterative research methodology focused on minimizing deviance in order to provide the most accurate estimates and forecast possible. The company utilizes a combination of bottom-up and top-down approaches for segmenting and estimating quantitative aspects of the market. In Addition, a recurring theme prevalent across all our research reports is data triangulation that looks market from three different perspectives. Critical elements of the methodology employed for all our studies include:
Preliminary data mining
Raw market data is obtained and collated on a broad front. Data is continuously filtered to ensure that only validated and authenticated sources are considered. In addition, data is also mined from a host of reports in our repository, as well as a number of reputed paid databases. For a comprehensive understanding of the market, it is essential to understand the complete value chain, and in order to facilitate this; we collect data from raw material suppliers, distributors as well as buyers.
Technical issues and trends are obtained from surveys, technical symposia, and trade journals. Technical data is also gathered from an intellectual property perspective, focusing on white space and freedom of movement. Industry dynamics with respect to drivers, restraints, pricing trends are also gathered. As a result, the material developed contains a wide range of original data that is then further cross-validated and authenticated with published sources.
Statistical model
Our market estimates and forecasts are derived through simulation models. A unique model is created customized for each study. Gathered information for market dynamics, technology landscape, application development, and pricing trends are fed into the model and analyzed simultaneously. These factors are studied on a comparative basis, and their impact over the forecast period is quantified with the help of correlation, regression, and time series analysis. Market forecasting is performed via a combination of economic tools, technological analysis, industry experience, and domain expertise.
Econometric models are generally used for short-term forecasting, while technological market models are used for long-term forecasting. These are based on an amalgamation of the technology landscape, regulatory frameworks, economic outlook, and business principles. A bottom-up approach to market estimation is preferred, with key regional markets analyzed as separate entities and integration of data to obtain global estimates. This is critical for a deep understanding of the industry as well as ensuring minimal errors. Some of the parameters considered for forecasting include:
• Market drivers and restraints, along with their current and expected impact
• Raw material scenario and supply v/s price trends
• Regulatory scenario and expected developments
• Current capacity and expected capacity additions up to 2030
We assign weights to these parameters and quantify their market impact using weighted average analysis, to derive an expected market growth rate.
Primary validation
This is the final step in estimating and forecasting for our reports. Exhaustive primary interviews are conducted, face to face as well as over the phone to validate our findings and assumptions used to obtain them. Interviewees are approached from leading companies across the value chain including suppliers, technology providers, domain experts, and buyers so as to ensure a holistic and unbiased picture of the market. These interviews are conducted across the globe, with language barriers overcome with the aid of local staff and interpreters. Primary interviews not only help in data validation but also provide critical insights into the market, current business scenario, and future expectations and enhance the quality of our reports. All our estimates and forecast are verified through exhaustive primary research with Key Industry Participants (KIPs) which typically include:
• Market-leading companies
• Raw material suppliers
• Product distributors
• Buyers
The key objectives of primary research are as follows:
• To validate our data in terms of accuracy and acceptability
• To gain an insight in to the current market and future expectations
Data Collection Matrix
Perspective |
Primary research |
Secondary research |
Supply-side |
|
|
Demand-side |
|
|
Industry Analysis Matrix
Qualitative analysis |
Quantitative analysis |
|
|
NEED A CUSTOM REPORT?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports, as well as offer affordable discounts for start-ups & universities. Contact us now
We are GDPR and CCPA compliant! Your transaction & personal information is safe and secure. For more details, please read our privacy policy.
"The quality of research they have done for us has been excellent."