Market Research Report

Global Human Resource Management Market Report By Component (Software, Service), By Software (Core HR, Employee Collaboration & Engagement, Recruiting, Talent Management, Workforce Planning & Analytics, Others), By Service (Integration & Deployment, Support & Maintenance, Training & Consulting), By Deployment (Hosted, On-premise), By Enterprise Size (Large Enterprise, Small & Medium Enterprise (SME)), By End-use (Academia, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Retail, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11218984
August 2022
Report Formats: Electronic (PDF), MS EXCEL
The global demand for Human Resource Management Market is presumed to reach the market size of nearly USD 50.37 MN by 2028 from USD 20.38 MN in 2021 with a CAGR of 13.8% under the study period 2022 - 2028.

Human Resource Management assists in effectively managing the people of an organization so that they can help the business to achieve a competitive advantage. It maximizes employee performance along with dealing with the management functions like planning, organizing, directing, and controlling. Areas of HRM include job analysis & design, recruitment, training and development, performance management, etc. 

Market Dynamics

Automation & digitization of HR operations to create an efficient approach will increase the demand for the human resource management market. Modern technologies (predictive analytics, machine learning, and artificial intelligence) simplify the incorporation of human resource management solutions with analytics. The development of cloud-based HRM software enabled human resource departments to move workers' work schedules to the cloud as the employees worked remotely. These are the main drivers of market growth for HCM. Increasing demand for a unified HR suite and streamlined HR operations are the major driving factors for the market. Cloud-based HCM usage is expanding due to features such as limitless storage capacity, decreased cost and maintenance charges, and easy access through web & mobile from any location is boosting the HCM market significantly.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of human resource management. The growth and trends of human resource management industry provide a holistic approach to this study. 

Market Segmentation

This section of the human resource management market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Component
  • Software
  • Service

By Software
  • Core HR
  • Employee Collaboration & Engagement
  • Recruiting
  • Talent Management
  • Workforce Planning & Analytics
  • Others

By Service
  • Integration & Deployment
  • Support & Maintenance
  • Training & Consulting

By Deployment
  • Hosted
  • On-Premise

By Enterprise Size
  • Large Enterprise
  • Small & Medium Enterprise (SME)

By End-Use
  • Academia
  • BFSI
  • Government
  • Healthcare
  • IT & Telecom
  • Manufacturing
  • Retail
  • Others

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Human Resource Management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Human Resource Management Market Share by Region (Representative Graph)

Global Human Resource Management Market Share
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the human resource management market include Accenture; ADP, Inc.; Cezanne HR Limited; Ceridian HCM, Inc.; International Business Machines Corporation (IBM); Kronos Incorporated; Mercer LLC; Oracle; PwC; SAP SE; Cegid; UKG Inc.; Workday, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
 
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Frequently Asked Questions (FAQs) about this Report

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . HUMAN RESOURCE MANAGEMENT – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 Market Attractiveness Analysis By Component
           3.7.2 Market Attractiveness Analysis By Software
           3.7.3 Market Attractiveness Analysis By Service
           3.7.4 Market Attractiveness Analysis By Deployment
           3.7.5 Market Attractiveness Analysis By Enterprise Size
           3.7.6 Market Attractiveness Analysis By End-use
           3.7.7 Market Attractiveness Analysis By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic 
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL HUMAN RESOURCE MANAGEMENT MARKET ANALYSIS BY COMPONENT
       6.1 Overview by Component
       6.2 Historical and Forecast Data
       6.3 Analysis by Component
       6.4 Software Historic and Forecast Sales by Regions
       6.5 Service Historic and Forecast Sales by Regions
 
7 . GLOBAL HUMAN RESOURCE MANAGEMENT MARKET ANALYSIS BY SOFTWARE
       7.1 Overview by Software
       7.2 Historical and Forecast Data
       7.3 Analysis by Software
       7.4 Core HR Historic and Forecast Sales by Regions
       7.5 Employee Collaboration & Engagement Historic and Forecast Sales by Regions
       7.6 Recruiting Historic and Forecast Sales by Regions
       7.7 Talent Management Historic and Forecast Sales by Regions
       7.8 Workforce Planning & Analytics Historic and Forecast Sales by Regions
       7.9 Others Historic and Forecast Sales by Regions
 
8 . GLOBAL HUMAN RESOURCE MANAGEMENT MARKET ANALYSIS BY SERVICE
       8.1 Overview by Service
       8.2 Historical and Forecast Data
       8.3 Analysis by Service
       8.4 Integration & Deployment Historic and Forecast Sales by Regions
       8.5 Support & Maintenance Historic and Forecast Sales by Regions
       8.6 Training & Consulting Historic and Forecast Sales by Regions
 
9 . GLOBAL HUMAN RESOURCE MANAGEMENT MARKET ANALYSIS BY DEPLOYMENT
       9.1 Overview by Deployment
       9.2 Historical and Forecast Data
       9.3 Analysis by Deployment
       9.4 Hosted Historic and Forecast Sales by Regions
       9.5 On-premise Historic and Forecast Sales by Regions
 
10 . GLOBAL HUMAN RESOURCE MANAGEMENT MARKET ANALYSIS BY ENTERPRISE SIZE
       10.1 Overview by Enterprise Size
       10.2 Historical and Forecast Data
       10.3 Analysis by Enterprise Size
       10.4 Large Enterprise Historic and Forecast Sales by Regions
       10.5 Small & Medium Enterprise (SME) Historic and Forecast Sales by Regions
 
11 . GLOBAL HUMAN RESOURCE MANAGEMENT MARKET ANALYSIS BY END-USE
       11.1 Overview by End-use
       11.2 Historical and Forecast Data
       11.3 Analysis by End-use
       11.4 Academia Historic and Forecast Sales by Regions
       11.5 BFSI Historic and Forecast Sales by Regions
       11.6 Government Historic and Forecast Sales by Regions
       11.7 Healthcare Historic and Forecast Sales by Regions
       11.8 IT & telecom Historic and Forecast Sales by Regions
       11.9 Manufacturing Historic and Forecast Sales by Regions
       11.1 Retail Historic and Forecast Sales by Regions
       11.11 Others Historic and Forecast Sales by Regions
 
12 . GLOBAL HUMAN RESOURCE MANAGEMENT MARKET SALES ANALYSIS BY GEOGRAPHY
       12.1. Regional Outlook
       12.2. Introduction
       12.3. North America Sales Analysis
           12.3.1. Overview, Historic and Forecast Sales Analysis
           12.3.2. North America By Segment Sales Analysis
           12.3.3. North America By Country Sales Analysis
           12.3.4. United State Sales Analysis
           12.3.5. Canada Sales Analysis
           12.3.6. Mexico Sales Analysis
       12.4. Europe Sales Analysis
           12.4.1. Overview, Historic and Forecast Sales Analysis
           12.4.2. Europe by Segment Sales Analysis
           12.4.3. Europe by Country Sales Analysis
           12.4.4. United Kingdom Sales Analysis
           12.4.5. France Sales Analysis
           12.4.6. Germany Sales Analysis
           12.4.7. Italy Sales Analysis
           12.4.8. Russia Sales Analysis
           12.4.9. Rest Of Europe Sales Analysis
       12.5. Asia Pacific Sales Analysis
           12.5.1. Overview, Historic and Forecast Sales Analysis
           12.5.2. Asia Pacific by Segment Sales Analysis
           12.5.3. Asia Pacific by Country Sales Analysis
           12.5.4. China Sales Analysis
           12.5.5. India Sales Analysis
           12.5.6. Japan Sales Analysis
           12.5.7. South Korea Sales Analysis
           12.5.8. Australia Sales Analysis
           12.5.9. Rest Of Asia Pacific Sales Analysis
       12.6. Latin America Sales Analysis
           12.6.1. Overview, Historic and Forecast Sales Analysis
           12.6.2. Latin America by Segment Sales Analysis
           12.6.3. Latin America by Country Sales Analysis
           12.6.4. Brazil Sales Analysis
           12.6.5. Argentina Sales Analysis
           12.6.6. Peru Sales Analysis
           12.6.7. Chile Sales Analysis
           12.6.8. Rest of Latin America Sales Analysis
       12.7. Middle East & Africa Sales Analysis
           12.7.1. Overview, Historic and Forecast Sales Analysis
           12.7.2. Middle East & Africa by Segment Sales Analysis
           12.7.3. Middle East & Africa by Country Sales Analysis
           12.7.4. Saudi Arabia Sales Analysis
           12.7.5. UAE Sales Analysis
           12.7.6. Israel Sales Analysis
           12.7.7. South Africa Sales Analysis
           12.7.8. Rest Of Middle East And Africa Sales Analysis
 
13 . COMPETITIVE LANDSCAPE OF THE HUMAN RESOURCE MANAGEMENT COMPANIES
       13.1. Human Resource Management Market Competition
       13.2. Partnership/Collaboration/Agreement
       13.3. Merger And Acquisitions
       13.4. New Product Launch
       13.5. Other Developments
 
14 . COMPANY PROFILES OF HUMAN RESOURCE MANAGEMENT INDUSTRY
       14.1. Top  Company Share Analysis
       14.2. Market Concentration Rate
       14.3. Accenture ADP Inc.
           14.3.1. Company Overview
           14.3.2. Company Revenue
           14.3.3. Products
           14.3.4. Recent Developments
       14.4. Cezanne HR Limited
           14.4.1. Company Overview
           14.4.2. Company Revenue
           14.4.3. Products
           14.4.4. Recent Developments
       14.5. Ceridian HCM Inc.
           14.5.1. Company Overview
           14.5.2. Company Revenue
           14.5.3. Products
           14.5.4. Recent Developments
       14.6. International Business Machines Corporation (IBM)
           14.6.1. Company Overview
           14.6.2. Company Revenue
           14.6.3. Products
           14.6.4. Recent Developments
       14.7. Kronos Incorporated
           14.7.1. Company Overview
           14.7.2. Company Revenue
           14.7.3. Products
           14.7.4. Recent Developments
       14.8. Mercer LLC
           14.8.1. Company Overview
           14.8.2. Company Revenue
           14.8.3. Products
           14.8.4. Recent Developments
       14.9. Oracle PwC
           14.9.1. Company Overview
           14.9.2. Company Revenue
           14.9.3. Products
           14.9.4. Recent Developments
       14.10. SAP SE
           14.10.1. Company Overview
           14.10.2. Company Revenue
           14.10.3. Products
           14.10.4. Recent Developments
       14.11. Cegid
           14.11.1. Company Overview
           14.11.2. Company Revenue
           14.11.3. Products
           14.11.4. Recent Developments
       14.12. UKG Inc.
           14.12.1. Company Overview
           14.12.2. Company Revenue
           14.12.3. Products
           14.12.4. Recent Developments
       14.13. Workday Inc.
           14.13.1. Company Overview
           14.13.2. Company Revenue
           14.13.3. Products
           14.13.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

 LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Component (USD MN)
  •  Software Market Sales by Geography (USD MN)
  •  Service Market Sales by Geography (USD MN)
  •  Analysis Market by Software (USD MN)
  •  Core HR Market Sales by Geography (USD MN)
  •  Employee Collaboration & Engagement Market Sales by Geography (USD MN)
  •  Recruiting Market Sales by Geography (USD MN)
  •  Talent Management Market Sales by Geography (USD MN)
  •  Workforce Planning & Analytics Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Analysis by Service (USD MN)
  •  Integration & Deployment Market Sales by Geography (USD MN)
  •  Support & Maintenance Market Sales by Geography (USD MN)
  •  Training & Consulting Market Sales by Geography (USD MN)
  •  Analysis by Deployment (USD MN)
  •  Hosted Market Sales by Geography (USD MN)
  •  On-premise Market Sales by Geography (USD MN)
  •  Analysis by Enterprise Size (USD MN)
  •  Large Enterprise Market Sales by Geography (USD MN)
  •  Small & Medium Enterprise (SME) Market Sales by Geography (USD MN)
  •  Analysis by End-use (USD MN)
  •  Academia Market Sales by Geography (USD MN)
  •  BFSI Market Sales by Geography (USD MN)
  •  Government Market Sales by Geography (USD MN)
  •  Healthcare Market Sales by Geography (USD MN)
  •  IT & telecom Market Sales by Geography (USD MN)
  •  Manufacturing Market Sales by Geography (USD MN)
  •  Retail Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Human Resource Management Market Sales by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
 
  •  Research Scope of Human Resource Management Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Human Resource Management Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Component
  •  Market Attractiveness Analysis by Software
  •  Market Attractiveness Analysis by Service
  •  Market Attractiveness Analysis by Deployment
  •  Market Attractiveness Analysis by Enterprise Size
  •  Market Attractiveness Analysis by End-use
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Component (USD MN)
  •  Software Market Sales by Geography (USD MN)
  •  Service Market Sales by Geography (USD MN)
  •  Global Market Analysis by Software (USD MN)
  •  Core HR Market Sales by Geography (USD MN)
  •  Employee Collaboration & Engagement Market Sales by Geography (USD MN)
  •  Recruiting Market Sales by Geography (USD MN)
  •  Talent Management Market Sales by Geography (USD MN)
  •  Workforce Planning & Analytics Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Market Analysis by Service (USD MN)
  •  Integration & Deployment Market Sales by Geography (USD MN)
  •  Support & Maintenance Market Sales by Geography (USD MN)
  •  Training & Consulting Market Sales by Geography (USD MN)
  •  Global Market Analysis by Deployment (USD MN)
  •  Hosted Market Sales by Geography (USD MN)
  •  On-premise Market Sales by Geography (USD MN)
  •  Global Market Analysis by Enterprise Size (USD MN)
  •  Large Enterprise Market Sales by Geography (USD MN)
  •  Small & Medium Enterprise (SME) Market Sales by Geography (USD MN)
  •  Global Market Analysis by End-use (USD MN)
  •  Academia Market Sales by Geography (USD MN)
  •  BFSI Market Sales by Geography (USD MN)
  •  Government Market Sales by Geography (USD MN)
  •  Healthcare Market Sales by Geography (USD MN)
  •  IT & telecom Market Sales by Geography (USD MN)
  •  Manufacturing Market Sales by Geography (USD MN)
  •  Retail Market Sales by Geography (USD MN)
  •  Others Market Sales by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Top  Company Share Analysis
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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