HR Analytics Market value is projected to reach US$ 8.55 Bn. at the end of the forecast period and it is expected to grow at the CAGR of 14.30%.
HR Analytics Market Overview
Maximize Market Research (MMR) has recently released a HR Analytics Market research report, offering comprehensive and high-quality market studies with complete transparency. This report also presents a list of major competitors, along with strategic insights and analysis of key factors impacting the HR Analytics industry. HR Analytics Market research takes into account market players, marketing strategies, trends, future product developments, and emerging opportunities to generate insightful market reports.
HR Analytics Market Report Scope and Research Methodology
The HR Analytics market report’s primary objective is to examine the major key drivers and restraints influencing key companies, coupled with a detailed assessment of the current competitive benchmarking and development prospects. Alongside this analysis, the report thoroughly examines HR Analytics market trends and future insights, encompassing aspects related to the demand chain, supply chain, and sales, along with recent market changes. The report includes profiles of key market players in the HR Analytics market for a comprehensive competitive analysis, offering insights into company overview, financial performance, product portfolio, and strategies. Employing a blend of quantitative and qualitative research methods, the research features SWOT and PESTLE analysis.
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HR Analytics Market Regional Insights
The Asia-Pacific region dominated the HR Analytics market in 2022, accounting for the highest market share, approximately 48% of the total. It is expected to continue leading in revenue until 2029. Meanwhile, Europe is projected to experience the highest CAGR during the forecast period. The research further examines North America and South America and MEA regions.
HR Analytics Market Segmentation
According to solution, the workforce planning market produced a significant portion of US$ Mn in 2022. The IT and telecom category is anticipated to rule the market over the projection period based on the end-user industry. The demand for effective HR analytics solutions is rising as businesses in the IT and telecom sectors extend their global presence. This is because it becomes more important to manage a staff that is dispersed around the globe. On-premise solutions had the highest share in the deployment model since they allow for the customization of operations and enhancement of plug-ins as needed. The CAGR for the cloud sector is anticipated to be the highest over the projection period.
by Solution
Employee Engagement & Development
Payroll & Compensation
Recruitment
Retention
Talent Analytics
Workforce Planning
Others
by Service
Implementation & Integration
Support & Maintenance
Training & Consulting
by Deployment Model
Cloud
On-premise
by Enterprise Size
Large Enterprise
Small & Medium Enterprise
by End-user
Academia
BFSI
Government
Healthcare
IT & Telecom
Manufacturing
Retail
Others
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HR Analytics Market Key Players
1. IBM Corporation
2. Infor
3. Crunchr
4. Sisense
5. Cognizant Technology Solutions Corp.
6. Accenture plc
7. Infosys Limited
8. ADP LLC
9. Ascentis Software Corporation
10. Genpact Ltd.
11. Cornerstone OnDemand, Inc.
12. Beeline
13. GainInsights Solutions Pvt. Ltd.
14. Paylocity
15. Nakisa, Inc.
16. PeopleFluent Companies
17. PeopleStreme Pty. Ltd
18. Visier, Inc.
19. TALENTSOFT
20. Oracle
21. SAP SE
22. Kronos Incorporated
23. Talentsoft
24. TABLEAU SOFTWARE
25. Sage Software Solutions Pvt Ltd
26. Zoho Corporation Pvt. Ltd.
27. Workday, Inc.
Key questions answered in HR Analytics Market are:
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