HR Analytics Market Disruption: Reshaping People Operations with Data Science

HR Analytics  Market Disruption: Reshaping People Operations with Data Science

HR Analytics Market Overview

The HR Analytics Market report offers a thorough analysis to define its target market, together with data on market size and company profiles of the leading key players. The study includes an in-depth analysis of the HR Analytics Market as well as the factors influencing geographical differences in the growth of the market.

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%.

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HR Analytics Market Report Scope and Research Methodology

HR Analytics Market report provides extensive knowledge of key trends, market dynamics, drivers, restraints, and opportunities. Research detects the most significant trends that are helpful for business development. It supports finding the information in the research that defines the competitive landscape of key players, the factors affecting the HR Analytics market size and volume, and other aspects that help define the recent marketing strategies. Furthermore, a SWOT analysis is conducted to find the strengths, weaknesses, opportunities, and threats of the HR Analytics market.

HR Analytics Market Regional Insights

The regional market research analysis for HR Analytics also covers particular market driving forces and changes in market laws affecting current and future market trends. Companies that conduct business must understand the nature of those particular markets and judge whether they require customized marketing strategies. To assess the potential market as a whole and identify profitable patterns to build a stronger foundation, current and upcoming trends are researched. The current environment and trends form the foundation of the geographic market's evaluation. Companies that conduct business abroad must comprehend the characteristics of those specific markets and determine whether they need specialized marketing approaches.

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HR Analytics Market Segmentation

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 projection period, the cloud segment is anticipated to develop 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

HR Analytics Market Key Players

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.

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Table of content for the HR Analytics Market includes: 

  1. Global HR Analytics Market: Research Methodology 
  2.  Global HR Analytics Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to the Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders
  • Recommendations for New Market Entry 

    3.Global HR Analytics Market: Competitive Analysis

  • MMR Competition Matrix
  • Market Structure by region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • PESTLE
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact

Key questions answered in HR Analytics Market are:

  • What was the HR Analytics market size in 2022?
  • What is the expected HR Analytics market size by 2029?
  • What is the growth rate of the HR Analytics Market?
  • Which are the factors expected to drive the HR Analytics market growth?
  • Which segment dominated the HR Analytics market growth?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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