Global HR Software Market Trends, Size, Forecast - 2019-2025
HR software market is expected to grow at a moderate rate during the forecast period 2019-2025. HR software is an integrated system that is used to store, analyze, and respond to the information of an organization’s human resources. The software coordinates with various functions such as employee training, salary hikes, recruitment of employees, succession planning, and performance management, among others. Moreover, the software automatically controls and updates the information stored in the software application.
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Increasing adoption of cloud-based technologies for the assessment of employee coupled with the ability of software in providing expertise solutions according to workforce dynamics have augmented the demand for HR software solutions. The software is extensively used across various industry verticals such as government and manufacturing have impelled the growth of the market. The continuous development of innovative tools in HR software solutions and services is offering an opportunistic growth to the global HR software market. Moreover, the rising demand for succession and performance management software that offers training solutions according to the weakness of an employee is significantly impelling market growth.
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Global HR Software Market Segmentation
By Software Type
Learning Management
Benefits and Claim Management
Payroll and Compensation Management
Personnel Management
Others (Compliance Management, Succession Management, and Pension Management)
By Deployment Model
Cloud
On-premises
By End-Use
Government
IT Industry
Manufacturing
Healthcare
BFSI
Transportation & Logistics
Others (Consumer Goods & Retail)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Accenture PLC
Applied Training Systems, Inc.
Ascentis Corp.
Automatic Data Processing, Inc.
Automatic Payroll Systems, Inc.
BambooHR LLC
CEIPAL Corp.
ClearCompany, Inc.
Conrep, Inc.
Cornerstone OnDemand, Inc.
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