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%.
Summary of the HR Analytics Market Report:
The aim of MMR's "HR Analytics Market" report is to assist clients in making informed business decisions. This involves identifying areas that require improvement, recognizing already successful sectors, and aiding newcomers in navigating and establishing a competitive presence. Additionally, the report sheds light on the existing challenges within the HR Analytics market, thereby increasing market players' awareness of potential hurdles.
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Market for HR Analytics The scope and approach of the study
The report offers a comprehensive analysis of trends, forecasts, and monetary aspects within the HR Analytics industry. It delves into a detailed examination of segments and sub-segments within both global and regional HR Analytics markets. Employing a bottom-up approach, the report provides a nuanced understanding of HR Analytics market size estimations.
The HR Analytics Market report encompasses essential details of key market participants and new entrants, including services, revenue, financial status, portfolio, growth strategies, and regional presence. It presents demand projections, market trends, and in-depth exploration of micro and macro factors that drive and constrain HR Analytics market growth. The report integrates qualitative and quantitative methods, employing research tools such as SWOT, PESTLE, and Porter's Five Forces to analyze the HR Analytics market. This comprehensive analysis identifies significant upcoming developments poised to impact HR Analytics market demand throughout the forecast period.
Regional Study of the HR Analytics Market:
Geographically, HR Analytics market report is segmented into following regions:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- Middle East and Africa (GCC Countries and Egypt.)
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Classification of the HR Analytics Market:
by Solution
Employee Engagement & Development
Payroll & Compensation
Recruitment
Retention
Talent Analytics
Workforce Planning
Others
The workforce planning category produced a significant portion of US$ Mn in 2022 based on solution. The IT and telecom category is anticipated to lead the market over the forecast period, based on the end-user industry. Businesses in the telecom and IT sectors are growing internationally, which raises the requirement for effective HR analytics solutions as it becomes more difficult to manage a workforce that is dispersed over the globe. Based on the deployment methodology, on-premise solutions were the most popular since they provide the tractability needed to modify operations and improve plug-ins as needed. Over the course of the projection period, the cloud segment is anticipated to rise at the highest CAGR of.
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
Market Leaders in HR Analytics :
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.
Section Heading: HR Analytics Industry
Part 01: Executive Summary
Part 02: Scope of the HR Analytics Market Report
Part 03: HR Analytics Market Landscape
Part 04: HR Analytics Market Sizing
Part 05: HR Analytics Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key questions answered in the HR Analytics Market are:
- What is HR Analytics ?
- What was the HR Analytics market size in 2022?
- What is the growth rate of the HR Analytics Market?
- Which are the factors expected to drive the HR Analytics market growth?
- What are the different segments of the HR Analytics Market?
- What are the factors restraining the growth of the HR Analytics Market?
- What segments are covered in the HR Analytics Market?
- Who are the HR Analytics key players in the industry?
- What are the upcoming industry applications and trends for the HR Analytics Market?
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Key Offerings:
- A detailed Market Overview
- Market Share, Size, and Forecast by Revenue|2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape - Leading key players and other prominent key players.
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