HR Software Market, By Type (Benefits & Claims Management, Payroll & Compensation Management, Personnel Management, Learning Management, Pension Management, Compliance Management, and Succession Planning), By Application (Government, Manufacturing, Energy & Utilities, Consumer Goods & Retail, Healthcare, Transportation & Logistics, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029

Introduction:

Tasks performed by departments are managed, streamlined, and automated using human resource software. It is sometimes referred to as human capital management software or human resource information system software. There are numerous HR solutions available on the market, including HCM, HRMS, HRIS, talent management systems, and others. This program's goal is to keep tabs on the business's regulatory and legal employment requirements, as well as to store employee data, manage payroll and benefits administration, and keep tabs on the business's regulatory and legal employment requirements. The main function of HR software is to keep employee information in a centralised database that is simple to access. HR Software Market size accounted for US$ 7.91 billion in 2020 and is estimated to be US$ 16.26 billion by 2030 and is anticipated to register a CAGR of 7.50%.

The IT architecture of software that is cloud-based allows for a great deal of flexibility. Additionally, cloud SaaS reduces client infrastructure expenses while offering scalable and dependable software. In order to focus on their core skills, businesses are starting to employ cloud-based software and rely on service providers for software and services. Utilizing cloud-based software that is offered by providers allows clients to save money on infrastructure. These advantages are increasing demand for cloud-based core HR solutions, which in turn is driving overall market demand.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Global HR Software Market is segmented based on type, application and region.

On the basis of Type, the Global HR Software Market is segmented into Benefits & Claims Management, Payroll & Compensation Management, Personnel Management, Learning Management, Pension Management, Compliance Management, and Succession Planning.  On the basis of Application, the Global HR Software Market is segmented into Government, Manufacturing, Energy & Utilities, Consumer Goods & Retail, Healthcare, Transportation & Logistics, and Others.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the Global HR Software Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is growing at the highest CAGR over 2021- 2026.

Attribute	Details
Base year for estimation	2020
Forecast period	20220– 2030
Market representation	Revenue in USD Billion & CAGR from 2020 to 2030
Market Segmentation	By Type - Benefits & Claims Management, Payroll & Compensation Management, Personnel Management, Learning Management, Pension Management, Compliance Management, and Succession Planning.  By Application - Government, Manufacturing, Energy & Utilities, Consumer Goods & Retail, Healthcare, Transportation & Logistics, and Others.
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global HR Software Market report based on device, contain, deployment and region:

Global HR Software Market, By Prodcut Type 

• Benefits & Claims Management
• Payroll & Compensation Management
• Personnel Management
• Learning Management
• Pension Management
• Compliance Management
• Succession Planning

Global HR Software Market, By Application

• Government
• Manufacturing
• Energy & Utilities
• Consumer Goods & Retail
• Healthcare
• Transportation & Logistics
• Others

Global HR Software Market, By Region:

• • • North America
      • • U.S.
        • Canada
    • Europe
      • • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa

 

      

The key players operating the Global HR Software Market includes Automatic Data Processing, Inc., Ceridian HCM Holding, Inc., Corehr Ltd., Ultimate Software Group, Inc., International Business, Machines Corporation, Oracle Corp., Paychex, Inc. , Paycom Software, Inc., SAP SE company and Sumtotal Systems LLC.

Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in August2022, Telstra touts proposed restructures ‘transparency’ and ‘flexibility’, in its newly released plan brochure, Telstra said the restructuring would create better transparency of its assets across its customer and infrastructure businesses, which would "allow management to increase efficiency and effectiveness".

 

• Automatic Data Processing, Inc. 
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Ceridian HCM Holding, Inc.
• Corehr Ltd.
• Ultimate Software Group, Inc.
• International Business Machines Corporation
• Oracle Corp.
• Paychex, Inc.
• Paycom Software, Inc.
• SAP SE company
• Sumtotal Systems LLC

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years Considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     • Primary Interviews
     • Primary Breakdown
     • Key data from Primary Sources
     • Key Thickness Insights
   • Secondary Data
     • Major Secondary Sources
     • Secondary Sources
   • Market Estimation
   • Top-Down Approach
     • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     • Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
   • PORTER’s
   • Investment Outlook
3. Market Purview
   • Executive Summary
   • Key Findings—Global Outlook for HR Software Strategies
     • Key Questions this Study will Answer
     • • By Type (Benefits & Claims Management, Payroll & Compensation Management, Personnel Management, Learning Management, Pension Management, Compliance Management, and Succession Planning)
       • By Application (Government, Manufacturing, Energy & Utilities, Consumer Goods & Retail, Healthcare, Transportation & Logistics, and Others)
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
     • Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Overview
   • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
   • Y-o-Y Growth Analysis (%), 2020 – 2030
   • Regional Trends
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Regional Analysis
   • Regional Revenue Analysis
   • Regional By segment Analysis
   • Reasons for regional growth
   • Key Player of particular region
   • Countries Include in the report:

1. • • North America (U.S., Canada)
     • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
     • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
     • Latin America (Brazil, Mexico, Rest of Latin America)
     • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)

1. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
   • Competitive Overview
   • Competitive Benchmarking
   • Market Share Analysis
   • Key Developments In The Global HR Software Market
   • Key Developments: Mergers & Acquisitions
   • Key Developments: Collaboration
   • Key Developments: Contracts & Agreements
   • Key Developments: Expansion
   • Key Developments: Product Developments
2. Company Profiles

 

• Company Overview
• Product Portfolio
• Key Highlights
• Financial Performance
• Business Strategies
• SWOT Analysis

• • Automatic Data Processing, Inc. 
  • Ceridian HCM Holding, Inc. 
  • Corehr Ltd.
  • Ultimate Software Group, Inc.
  • International Business Machines Corporation
  • Oracle Corp.
  • Paychex, Inc. 
  • Paycom Software, Inc.
  • SAP SE company
  • Sumtotal Systems LLC

1. The Last Word
   • Future Impact
   • About Us
   • Contact