Reports

Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.

Global Human Resource Management Market: By Component: Core HR, Recruiting, Workforce Management, Compensation and Payroll, Services, Others; By Deployment Model; By Industry Verticals; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Human Resource Management Market Outlook

In 2020, the global human resource management market stood at a value of USD 17.63 billion and is expected to grow at a CAGR of 12.67% between 2021 and 2026.

 

Global Human Resource Management Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Global organizations are focusing on establishing a digital workplace that allows high productivity, provides flexibility, mobility, and utilizes modern communication instruments. This change of business processes from legacy to digital systems is driving the market growth for human resource management as it plays a major role in centralizing human resource information across  an organization's divisions, enabling simple data access.

 

Market Segmentation

Human resource management is a practical approach to manage people effectively in a company or an organization to assist in their business and achieve a competitive advantage. It is intended to optimize the output of employees serving the strategic goals of an employer.

 

Global Human Resource Management Market By Industry Verticals

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

The human resource management market can be divided on the basis of segments like component, deployment model, and industry verticles.

The industry can be broadly categorised on the basis of its industry verticles into:

  • Banking Financial Services and Insurance (BFSI)
  • Retail
  • IT and Telecommunication
  • Healthcare
  • Hospitality
  • Government 
  • Manufacturing
  • Others (Education, Transportation, Energy and Utilities and Media and Entertainment)

The industry can be divided on the basis of its component into core HR, recruiting, workforce management, compensation and payroll, services, and professional service, among others. The industry can be segmented based on its deployment models into CLOUD and on-premises.

The EMR report looks into the regionals markets of human resource management like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global Human Resource Management Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

Market Analysis

Advances in IT and the introduction of predictive analytics in HR procedures are anticipated to increase the development of human resource management market. The evolution of multiple human resource management (HRM) has allowed practitioners to carry out traditional HR operations over a short period of time and then concentrate on attracting the correct pool of applicants, maintaining human capital, aligning organisational policies with individual objectives, and managing their human resources in a way that results in organisational development.

 

Competitive Landscape

The report gives a detailed analysis of the following key players in the global human resource management market, looking into their capacities, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • SAP SE (ETR: SAP) 
  • Infor INC. 
  • Oracle Corporation (NYSE: ORCL) 
  • Kronos INC. 
  • Cornerstone Ondemand, INC. (NASDAQ: CSOD) 
  • IBM (NYSE: IBM) 
  • ADP, LLC (NASDAQ: ADP) 
  • Others

The EMR report provides an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's five forces.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Deployment Model, Industry Verticals, Region
Breakup by Component Core HR, Recruiting, Workforce Management, Compensation and Payroll, Services, Professional Service, Others (Learning, Appliany Tracking & Onboaring)
Breakup by Deployment Model Cloud, On-Premises
Breakup by Industry Verticals Banking Financial Services and Insurance (BFSI), Retail, IT & Telecommunication, Healthcare, Hospitality, Government, Manufacturing, Others (Education, Transportation, Energy & Utilities and Media & Entertainment) 
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered SAP SE (ETR: SAP), INFOR INC., ORACLE CORPORATION (NYSE: ORCL), KRONOS INC., CORNERSTONE ONDEMAND, INC. (NASDAQ: CSOD), IBM (NYSE: IBM), ADP, LLC (NASDAQ: ADP), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Human Resource Management Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Human Resource Management Historical Market (2017-2021) 
    8.3    Global Human Resource Management Market Forecast (2022-2027)
    8.4    Global Human Resource Management Market by Component
        8.4.1    Core HR
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Recruiting
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Workforce Management
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
        8.4.4    Compensation and Payroll
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2017-2021)
            8.4.4.3    Forecast Trend (2022-2027)
        8.4.5    Services
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2017-2021)
            8.4.5.3    Forecast Trend (2022-2027)
        8.4.6    Professional Service
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2017-2021)
            8.4.6.3    Forecast Trend (2022-2027)
        8.4.7    Others (Learning, Applicant Tracking and Onboarding)
    8.5    Global Human Resource Management Market by Deployment Model
        8.5.1    Cloud 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    On-Premises
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Human Resource Management Market by Industry Verticals
        8.6.1    Banking Financial Services and Insurance (BFSI)
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Retail
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    IT and Telecommunication
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Healthcare
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
        8.6.5    Hospitality
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2017-2021)
            8.6.5.3    Forecast Trend (2022-2027)
        8.6.6    Government 
            8.6.6.1    Market Share
            8.6.6.2    Historical Trend (2017-2021)
            8.6.6.3    Forecast Trend (2022-2027)
        8.6.7    Manufacturing
            8.6.7.1    Market Share
            8.6.7.2    Historical Trend (2017-2021)
            8.6.7.3    Forecast Trend (2022-2027)
        8.6.8    Others (Education, Transportation, Energy and Utilities and Media and Entertainment)
    8.7    Global Human Resource Management Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    SAP SE
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    Oracle Corp.
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Kronos Incorporated
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Infor Inc.
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Cornerstone OnDemand, Inc.,
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Others
12    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Human Resource Management Market: Key Industry Highlights, 2017 and 2027
2.    Global Human Resource Management Historical Market: Breakup by Component (USD Million), 2017-2021
3.    Global Human Resource Management Market Forecast: Breakup by Component (USD Million), 2022-2027
4.    Global Human Resource Management Historical Market: Breakup by Deployment Model (USD Million), 2017-2021
5.    Global Human Resource Management Market Forecast: Breakup by Deployment Model (USD Million), 2022-2027
6.    Global Human Resource Management Historical Market: Breakup by Industry Verticals (USD Million), 2017-2021
7.    Global Human Resource Management Market Forecast: Breakup by Industry Verticals (USD Million), 2022-2027
8.    Global Human Resource Management Historical Market: Breakup by Region (USD Million), 2017-2021
9.    Global Human Resource Management Market Forecast: Breakup by Region (USD Million), 2022-2027
10.    North America Human Resource Management Historical Market: Breakup by Country (USD Million), 2017-2021
11.    North America Human Resource Management Market Forecast: Breakup by Country (USD Million), 2022-2027
12.    Europe Human Resource Management Historical Market: Breakup by Country (USD Million), 2017-2021
13.    Europe Human Resource Management Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Asia Pacific Human Resource Management Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Asia Pacific Human Resource Management Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Latin America Human Resource Management Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Latin America Human Resource Management Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Middle East and Africa Human Resource Management Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Middle East and Africa Human Resource Management Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Global Human Resource Management Market Structure

Key Questions Answered in the Report

The global human resource management market reached a value of USD 17.63 billion in 2020.

The industry is further likely to grow at a CAGR of 12.67% in the forecast period of 2021 and 2026.

The major drivers of the industry include the changing business processes from legacy to digital systems, continued digitisation, increasing popularity of HRM solutions, and investments by government.

Advances in IT and the introduction of predictive analytics in HR procedures are the key trends propelling the market forward.

The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The major components in the industry are core HR, recruiting, workforce management, compensation and payroll, services, and professional service, among others (learning, applicant tracking and onboarding).

The different deployment models in the industry are cloud and on-premises.

The significant industry verticals include banking financial services and insurance (BFSI), retail, IT and telecommunication, healthcare, hospitality, government, and manufacturing, among others (education, transportation, energy and utilities, media and entertainment).

The key players in the industry are SAP SE, Oracle Corp., Kronos Incorporated, Infor Inc., and Cornerstone OnDemand, Inc., among others.

Analyst Review

The global human resource management market attained a value of USD 17.63 billion in 2020 driven by the transformation of business processes from legacy to digital systems. Aided by the continued digitisation and investments by government, the industry is projected to grow at a CAGR of 12.67% in the forecast period of 2021-2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its component, the industry can be segmented into core HR, recruiting, workforce management, compensation and payroll, services, and professional service, among others (learning, applicant tracking, and onboarding). On the basis of deployment model, the industry can be segmented into cloud and on-premises. Based on its industry verticals, the industry can be segmented into banking financial services and insurance (BFSI), retail, IT and telecommunication, healthcare, hospitality, government, and manufacturing, among others (education, transportation, energy and utilities, media and entertainment). The major regional markets for human resource management are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The key players in the above market include SAP SE, Oracle Corp., Kronos Incorporated, Infor Inc., and Cornerstone OnDemand, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$2699
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

$3699
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$4699
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER