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Human Resource Management-Global Market Insights and Sales Trends 2025
Synopsis
Human resource management (HRM or HR) is the strategic approach to the effective management of organization workers so that they help the business gain a competitive advantage, Commonly referred to as the HR Department, it is designed to maximize employee performance in service of an employer's strategic objectives.
The global Human Resource Management market size is expected to reach US$ 20220 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Human Resource Management in various end use industries. The expanding demands from the Academia, BFSI, Government and Healthcare, are propelling Human Resource Management market. Integration & Deployment, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Support & Maintenance segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Human Resource Management market, driven by demand from China, the second largest economy with some signs of stabilising, the Human Resource Management market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Human Resource Management, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Human Resource Management market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Human Resource Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Human Resource Management sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Human Resource Management covered in this report include ADP, Workday, Oracle, Kronos, Ultimate Software and SAP, etc.
The global Human Resource Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ADP
Workday
Oracle
Kronos
Ultimate Software
SAP
Global Human Resource Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Human Resource Management market, Segment by Type:
Integration & Deployment
Support & Maintenance
Training & Consulting
Global Human Resource Management market, by Application
Academia
BFSI
Government
Healthcare
IT & Telecom
Manufacturing
Retail
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Human Resource Management companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Human resource management (HRM or HR) is the strategic approach to the effective management of organization workers so that they help the business gain a competitive advantage, Commonly referred to as the HR Department, it is designed to maximize employee performance in service of an employer's strategic objectives.
The global Human Resource Management market size is expected to reach US$ 20220 million by 2029, growing at a CAGR of 6.2% from 2023 to 2029. The market is mainly driven by the significant applications of Human Resource Management in various end use industries. The expanding demands from the Academia, BFSI, Government and Healthcare, are propelling Human Resource Management market. Integration & Deployment, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Support & Maintenance segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Human Resource Management market, driven by demand from China, the second largest economy with some signs of stabilising, the Human Resource Management market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Human Resource Management, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Human Resource Management market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Human Resource Management market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Human Resource Management sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Human Resource Management covered in this report include ADP, Workday, Oracle, Kronos, Ultimate Software and SAP, etc.
The global Human Resource Management market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ADP
Workday
Oracle
Kronos
Ultimate Software
SAP
Global Human Resource Management market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Human Resource Management market, Segment by Type:
Integration & Deployment
Support & Maintenance
Training & Consulting
Global Human Resource Management market, by Application
Academia
BFSI
Government
Healthcare
IT & Telecom
Manufacturing
Retail
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Human Resource Management companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Human Resource Management
1.1 Human Resource Management Market Overview
1.1.1 Human Resource Management Product Scope
1.1.2 Human Resource Management Market Status and Outlook
1.2 Global Human Resource Management Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Human Resource Management Market Size by Region (2018-2029)
1.4 Global Human Resource Management Historic Market Size by Region (2018-2023)
1.5 Global Human Resource Management Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Human Resource Management Market Size (2018-2029)
1.6.1 North America Human Resource Management Market Size (2018-2029)
1.6.2 Europe Human Resource Management Market Size (2018-2029)
1.6.3 Asia-Pacific Human Resource Management Market Size (2018-2029)
1.6.4 Latin America Human Resource Management Market Size (2018-2029)
1.6.5 Middle East & Africa Human Resource Management Market Size (2018-2029)
2 Human Resource Management Market by Type
2.1 Introduction
2.1.1 Integration & Deployment
2.1.2 Support & Maintenance
2.1.3 Training & Consulting
2.2 Global Human Resource Management Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Human Resource Management Historic Market Size by Type (2018-2023)
2.2.2 Global Human Resource Management Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Human Resource Management Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Human Resource Management Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Human Resource Management Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Human Resource Management Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Human Resource Management Revenue Breakdown by Type (2018-2029)
3 Human Resource Management Market Overview by Application
3.1 Introduction
3.1.1 Academia
3.1.2 BFSI
3.1.3 Government
3.1.4 Healthcare
3.1.5 IT & Telecom
3.1.6 Manufacturing
3.1.7 Retail
3.1.8 Others
3.2 Global Human Resource Management Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Human Resource Management Historic Market Size by Application (2018-2023)
3.2.2 Global Human Resource Management Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Human Resource Management Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Human Resource Management Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Human Resource Management Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Human Resource Management Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Human Resource Management Revenue Breakdown by Application (2018-2029)
4 Human Resource Management Competition Analysis by Players
4.1 Global Human Resource Management Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Human Resource Management as of 2022)
4.3 Date of Key Players Enter into Human Resource Management Market
4.4 Global Top Players Human Resource Management Headquarters and Area Served
4.5 Key Players Human Resource Management Product Solution and Service
4.6 Competitive Status
4.6.1 Human Resource Management Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 ADP
5.1.1 ADP Profile
5.1.2 ADP Main Business
5.1.3 ADP Human Resource Management Products, Services and Solutions
5.1.4 ADP Human Resource Management Revenue (US$ Million) & (2018-2023)
5.1.5 ADP Recent Developments
5.2 Workday
5.2.1 Workday Profile
5.2.2 Workday Main Business
5.2.3 Workday Human Resource Management Products, Services and Solutions
5.2.4 Workday Human Resource Management Revenue (US$ Million) & (2018-2023)
5.2.5 Workday Recent Developments
5.3 Oracle
5.3.1 Oracle Profile
5.3.2 Oracle Main Business
5.3.3 Oracle Human Resource Management Products, Services and Solutions
5.3.4 Oracle Human Resource Management Revenue (US$ Million) & (2018-2023)
5.3.5 Kronos Recent Developments
5.4 Kronos
5.4.1 Kronos Profile
5.4.2 Kronos Main Business
5.4.3 Kronos Human Resource Management Products, Services and Solutions
5.4.4 Kronos Human Resource Management Revenue (US$ Million) & (2018-2023)
5.4.5 Kronos Recent Developments
5.5 Ultimate Software
5.5.1 Ultimate Software Profile
5.5.2 Ultimate Software Main Business
5.5.3 Ultimate Software Human Resource Management Products, Services and Solutions
5.5.4 Ultimate Software Human Resource Management Revenue (US$ Million) & (2018-2023)
5.5.5 Ultimate Software Recent Developments
5.6 SAP
5.6.1 SAP Profile
5.6.2 SAP Main Business
5.6.3 SAP Human Resource Management Products, Services and Solutions
5.6.4 SAP Human Resource Management Revenue (US$ Million) & (2018-2023)
5.6.5 SAP Recent Developments
6 North America
6.1 North America Human Resource Management Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Human Resource Management Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Human Resource Management Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Human Resource Management Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Human Resource Management Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Human Resource Management Market Dynamics
11.1 Human Resource Management Industry Trends
11.2 Human Resource Management Market Drivers
11.3 Human Resource Management Market Challenges
11.4 Human Resource Management Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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