The global HR Analytics market is expected to witness a CAGR of 10.4% during the forecast period (2019-2025). Companies are continuously adopting HR analytics to increase their overall efficiency. Along with their basic function such as hiring and maintain payroll, the software is successful in providing insights which contribute to a company’s growth. They provide outcomes regarding revenue generation, minimizing expenses, mitigating risks, and executing strategic plans.
A major factor driving the growth of the global HR analytics market is the rising adoption of the data-driven decision software by the companies. Additionally, increasing demand for workforce optimization further gives a boost to the growth of the market. Moreover, in order to process a huge volume of HR data with the increase in data sources is creating ample opportunity for the growth of the market in the near future. Companies such as Indeed, Glassdoor, LinkedIn, Monster and others are generating huge data of the applicants continuously, which has created a need for software to analyze and optimize the data.
By using HR analytics, a company can find the best solution for recruitment, payroll, and employee engagement and can improve workforce planning as well. However, there are certain factors that may hamper the growth of the global HR analytics industry. One of the major restraints to the market is the cost associated with them. Small and mid-sized enterprises (SMEs), which are at their initial phase may not be able to use HR analytics software in order to save additional costs.
Segmental Outlook
The global HR analytics market is segmented on the basis of deployment, application, and verticals. Based on the deployment, the market is bifurcated into on-premise deployment and cloud-based deployment of HR analytics. Cloud-based systems are widely preferable by the enterprises owing to the flexibility provided by them. Further, on the basis of application, the market is segmented into payroll, recruitment, performance monitoring, and workforce management. During the forecast period, the recruitment market is expected to have a significant growth rate due to the increasing number of applicants and the rising optimization of the workforce in the company.
By verticals, the market is further segmented into BFSI, it and telecom, manufacturing, healthcare, government, and others. The IT & telecom sector is expected to have a significant growth rate during the forecast period. The major factor contributing to the growth of the segment is a continuous rise in the service sector all across the globe coupled with the increasing need to properly manage the workforce of the company.
HR Analytics Market Share by Verticals, 2018 (%)
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Infor Inc.
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Kronos Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Oracle Corp.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. SAP SE
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Workday, Inc.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. HR Analytics Market by Deployment
5.1.1. On-Premise
5.1.2. Cloud-Based
5.2. HR Analytics Market by Application
5.2.1. Payroll
5.2.2. Recruitment
5.2.3. Performance Monitoring
5.2.4. Workforce Management
5.3. Global HR Analytics market by Verticals
5.3.1. BFSI
5.3.2. IT and Telecom
5.3.3. Manufacturing
5.3.4. Healthcare
5.3.5. Government
5.3.6. Others
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Advance Systems International Ltd.
7.2. Aurion (Chandler Macleod Group)
7.3. BambooHR LLC
7.4. Crunchr
7.5. Domo, Inc.
7.6. GainInsights Solutions Pvt. Ltd.
7.7. IBM Corp.
7.8. Infor Inc.
7.9. Kronos Inc.
7.10. Microsoft Corp.
7.11. MicroStrategy Inc.
7.12. Oracle Corp.
7.13. SAP SE
7.14. SiSense Inc
7.15. Tableau Software Inc.
7.16. Talentsoft SA
7.17. The Sage Group PLC
7.18. TRENDnet, Inc
7.19. Visier Solutions Inc.
7.20. Workday, Inc.
7.21. Zoho Corp.
GLOBAL HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2018-2025 ($ MILLION)
2. GLOBAL ON-PREMISE HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL CLOUD-BASED HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
5. GLOBAL PAYROLL ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL RECRUITMENT ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL PERFORMANCE MONITORING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL WORKFORCE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2018-2025 ($ MILLION)
10. GLOBAL HR ANALYTICS IN BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL HR ANALYTICS IN IT AND TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL HR ANALYTICS IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL HR ANALYTICS IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL HR ANALYTICS IN GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
15. GLOBAL HR ANALYTICS IN OTHER VERTICALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
16. GLOBAL HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
17. NORTH AMERICAN HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
18. NORTH AMERICAN HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2018-2025 ($ MILLION)
19. NORTH AMERICAN HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
20. NORTH AMERICAN HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2018-2025 ($ MILLION)
21. EUROPEAN HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
22. EUROPEAN HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2018-2025 ($ MILLION)
23. EUROPEAN HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
24. EUROPEAN HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2018-2025 ($ MILLION)
25. ASIA-PACIFIC HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
26. ASIA-PACIFIC HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2018-2025 ($ MILLION)
27. ASIA-PACIFIC HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
28. ASIA-PACIFIC HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2018-2025 ($ MILLION)
29. REST OF THE WORLD HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2018-2025 ($ MILLION)
30. REST OF THE WORLD HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
31. REST OF THE WORLD HR ANALYTICS MARKET RESEARCH AND ANALYSIS BY VERTICALS, 2018-2025 ($ MILLION)
1. GLOBAL HR ANALYTICS MARKET SHARE BY DEPLOYMENT, 2018 VS 2025 (%)
2. GLOBAL HR ANALYTICS MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
3. GLOBAL HR ANALYTICS MARKET SHARE BY VERTICALS, 2018 VS 2025 (%)
4. GLOBAL HR ANALYTICS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
7. UK HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
12. REST OF EUROPE HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD HR ANALYTICS MARKET SIZE, 2018-2025 ($ MILLION)