Introduction
Human Resource Management Market was valued at USD X.X Billion in 2018 and is projected to reach USD X.X billion by 2025, at a CAGR of X.X % from 2019-2025. Evolution of various human resource management (HRM) solutions has enabled professionals to perform traditional HR activities in a reduced time span and subsequently focus on attracting the right pool of candidates, retaining human capital, aligning organizational strategies with individual goals, and managing their human resources in a manner that results in organizational growth.
Numerous HR software providers offer their solutions on cloud, allowing easy access to data from virtually any system across the organization.
Geographical Overview
At a global level, North America region was holding the highest market share in 2018. Whereas, Asia Pacific region is considered as the fastest growing region with key players adopting expansion strategy in this region to gain maximum market share in the coming years. China and India are offering ample opportunities for the growth of Human Resource Management Market with its high population base.
Segmental Overview
Human Resource Management Market is segmented as per below specifications -
By Product Type:
• Core HR
• Employee Collaboration & Engagement
• Recruiting
• Talent Management
• Workforce Planning & Analytics
By Consumption:
• Integration & Deployment
• Support & Maintenance
• Training & Consulting
By Distribution Channel:
• Academia
• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Retail
Competitor Analysis
Human Resource Management Market has presence of some of the key major players across globe which includes
• Accenture PLC
• Automatic Data Processing (ADP)
• Cezanne HR Ltd.
• Ceridian HCM
• IBM Corporation
• Kronos Incorporated
• Mercer LLC; NetSuite, Inc.
• Oracle Corporation
• PricewaterhouseCoopers (PwC)
• SAP SE; Talentsoft
• Ultimate Software
• Workday, Inc
These key players are concentrating its efforts on the continuous product improvement with innovative initiatives to have an edge over other competitors. Further, to garner maximum market share, companies are adopting merger/ acquisition/ partnership and maintaining strong distribution networks strategies.
By Geographical Locations:
• North America
o U.S.
o Canada
• Europe
o U.K.
o France
o Italy
o Germany
o Spain
o Russia & CIS
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o South Korea
o ASEAN
o Rest of Asia Pacific
• Latin America
o Brazil
o Argentina
o Rest of LATAM
• Middle East & Africa
o UAE
o South Africa
o Rest of MEA
Highlights of the report
What is Human Resource Management Market?
Who all are key market players in the industry?
How the Parent Industry is growing?
Where are the key opportunities for new market entrant?
A comprehensive analysis, which covers key growth factors across the value chain
Recent developments in market
Granular Market Segmentation
Market size projection based on Historical & current market trends
Market share analysis and key strategies adopted by leading Players
Production Cost & Sensitivity Analysis
Country Level Market Analysis of Top 16 countries
Data Driven Decision Recommendations
Chapter 1 Research Objective
1.1 Need of the Research Report
1.2 Client Objectives
1.3 Offered Solutions
Chapter 2 Recommendations
2.1 Executive Summary
2.1.1 Market Overview
2.1.2 Competitive Insights
2.1.3 Segmental Analysis
2.1.4 Geographical Market Details
2.2 Lead Generation
2.3 Consultant
2.4 Return on Investment
Chapter 3 Research Methodology
3.1 Chromatus Database
3.2 Paid Sources
3.3 Primary Data Collection
3.3.1 Email Surveys
3.3.2 Telephonic Interviews
3.3.3 Face to Face Interviews
3.4 Secondary Data Collection
3.4.1 Annual Reports
3.4.2 Government Publications
3.4.3 Trade Data
3.4.4 Association Data
3.4.5 Research Papers/ Blogs/ News Articles
3.5 Expert Advisory Panel
3.6 Data Analytics Model
Chapter 4 Human Resource Management Market Overview
4.1 Parent Market Overview
4.2 Patent Analysis
4.3 PESTEL Analysis
4.3.1 Political
4.3.2 Economical
4.3.3 Social
4.3.4 Technological
4.3.5 Legal
4.4 SWOT Analysis
4.4.1 Strengths
4.4.2 Weakness
4.4.3 Opportunities
4.4.4 Threats
4.5 Regulations
4.6 Value Chain/ Supply Chain Analysis
4.7 Procurement & Vendor Analysis
4.8 Porters Five Analysis
4.8.1 Threat of new entrants
4.8.2 Bargaining power of suppliers
4.8.3 Bargaining power of buyers
4.8.4 Threat of substitutes
4.8.5 Competitive rivalry
Chapter 5 Regional Analysis Global Human Resource Management Market Estimation and Forecast, 2017 - 2025 (USD Billion)
5.1 North America Market
5.1.1 U.S.
5.1.1 Canada
5.2 Europe Market
5.2.1 UK
5.2.2 Germany
5.2.3 France
5.2.4 Spain
5.2.5 Italy
5.2.6 Russia & CIS
5.2.7 Rest of Europe
5.3 Asia Pacific Market
5.3.1 China
5.3.2 Japan
5.3.3 India
5.3.4 South Korea
5.3.5 ASEAN
5.3.6 Rest of Asia Pacific
5.4 Rest of the World
5.4.1 Latin America
5.4.1.1 Brazil
5.4.1.2 Argentina
5.4.1.3 Rest of Latin America
5.4.2 Middle East
5.4.3 Africa
Chapter 6 Company Profile
6.1 Accenture PLC
6.1.1 Introduction
6.1.2 Financial Overview
6.1.3 Product Portfolio
6.1.4 Recent Developments
6.1.5 SWOT Analysis
6.2 Automatic Data Processing (ADP)
6.3 Cezanne HR Ltd.
6.4 Ceridian HCM
6.5 IBM Corporation
6.6 Kronos Incorporated
6.7 Mercer LLC; NetSuite, Inc.
6.8 Oracle Corporation
6.9 PricewaterhouseCoopers (PwC)
6.10 SAP SE; Talentsoft
6.11 Ultimate Software
6.12 Workday, Inc
Chapter 7 Competitor Analysis
7.1 Company Ranking
7.2 Key Innovators
7.3 Market Leader
7.4 Emerging Players
7.5 Strategic Alliances
7.6 Competitive Matrix of 12 Companies
Chapter 8 Global Human Resource Management Market by Product Type Estimation and Forecast, 2017 - 2025 (USD Billion)
8.1 Core HR
8.2 Employee Collaboration & Engagement
8.3 Recruiting
8.4 Talent Management
8.5 Workforce Planning & Analytics
Chapter 9 Global Human Resource Management Market by Consumption Type Estimation and Forecast, 2017 - 2025 (USD Billion)
9.1 Integration & Deployment
9.2 Support & Maintenance
9.3 Training & Consulting
Chapter 10 Global Human Resource Management Market by Distribution Channel Estimation and Forecast, 2017 - 2025 (USD Billion)
10.1 Academia
10.2 BFSI
10.3 Government
10.4 Healthcare
10.5 IT & Telecom
10.6 Manufacturing
10.7 Retail
Chapter 11 Appendix
11.1 Data Sources
11.2 Abbreviations
11.3 About US
11.4 Disclaimer
11.5 Key Notes
List of Tables
Table 1 Global Human Resource Management Market, by Region, 2017 - 2025 (USD Billion)
Table 2 Global Human Resource Management Market, by Product Type, 2017 - 2025 (USD Billion)
Table 3 Global Human Resource Management Market, by Consumption Type, 2017 - 2025 (USD Billion)
Table 4 Global Human Resource Management Market, by Distribution Type, 2017 - 2025 (USD Billion)
Table 5 North America Human Resource Management Market 2017 - 2025 (USD Billion)
Table 6 North America Human Resource Management Market by Product Type 2017 - 2025 (USD Billion)
Table 7 North America Human Resource Management Market by Consumption Type 2017 - 2025 (USD Billion)
Table 8 North America Human Resource Management Market by Distribution Type 2017 - 2025 (USD Billion)
Table 9 US Human Resource Management Market 2017 - 2025 (USD Billion)
Table 10 Canada Human Resource Management Market 2017 - 2025 (USD Billion)
Table 11 Europe Human Resource Management Market 2017 - 2025 (USD Billion)
Table 12 Europe Human Resource Management Market by Product Type 2017 - 2025 (USD Billion)
Table 13 Europe Human Resource Management Market by Consumption Type 2017 - 2025 (USD Billion)
Table 14 Europe Human Resource Management Market by Distribution Type 2017 - 2025 (USD Billion)
Table 15 UK Human Resource Management Market 2017 - 2025 (USD Billion)
Table 16 Germany Human Resource Management Market 2017 - 2025 (USD Billion)
Table 17 France Human Resource Management Market 2017 - 2025 (USD Billion)
Table 18 Spain Human Resource Management Market 2017 - 2025 (USD Billion)
Table 19 Italy Human Resource Management Market 2017 - 2025 (USD Billion)
Table 20 Russia & CIS Human Resource Management Market 2017 - 2025 (USD Billion)
Table 21 Rest of Europe Human Resource Management Market 2017 - 2025 (USD Billion)
Table 22 Asia Pacific Human Resource Management Market 2017 - 2025 (USD Billion)
Table 23 Asia Pacific Human Resource Management Market by Product Type 2017 - 2025 (USD Billion)
Table 24 Asia Pacific Human Resource Management Market by Consumption Type 2017 - 2025 (USD Billion)
Table 25 Asia Pacific Human Resource Management Market by Distribution Type 2017 - 2025 (USD Billion)
Table 26 China Human Resource Management Market 2017 - 2025 (USD Billion)
Table 27 Japan Human Resource Management Market 2017 - 2025 (USD Billion)
Table 28 India Human Resource Management Market 2017 - 2025 (USD Billion)
Table 29 South Korea Human Resource Management Market 2017 - 2025 (USD Billion)
Table 30 ASEAN Human Resource Management Market 2017 - 2025 (USD Billion)
Table 31 Rest of Asia Pacific Human Resource Management Market 2017 - 2025 (USD Billion)
Table 32 Latin America Human Resource Management Market 2017 - 2025 (USD Billion)
Table 33 Latin America Human Resource Management Market by Product Type 2017 - 2025 (USD Billion)
Table 34 Latin America Human Resource Management Market by Consumption Type 2017 - 2025 (USD Billion)
Table 35 Latin America Human Resource Management Market by Distribution Type 2017 - 2025 (USD Billion)
Table 36 Brazil Human Resource Management Market 2017 - 2025 (USD Billion)
Table 37 Argentina Human Resource Management Market 2017 - 2025 (USD Billion)
Table 38 Rest of Latin America Human Resource Management Market 2017 - 2025 (USD Billion)
Table 39 Middle East Human Resource Management Market 2017 - 2025 (USD Billion)
Table 40 Middle East Human Resource Management Market by Product Type 2017 - 2025 (USD Billion)
Table 41 Middle East Human Resource Management Market by Consumption Type 2017 - 2025 (USD Billion)
Table 42 Middle East Human Resource Management Market by Distribution Type 2017 - 2025 (USD Billion)
Table 43 Africa Human Resource Management Market 2017 - 2025 (USD Billion)
Table 44 Africa Human Resource Management Market by Product Type 2017 - 2025 (USD Billion)
Table 45 Africa Human Resource Management Market by Consumption Type 2017 - 2025 (USD Billion)
Table 46 Africa Human Resource Management Market by Distribution Type 2017 - 2025 (USD Billion)
List of Figures
Fig. 1 Primary Research Method
Fig. 2 Secondary Research Method
Fig. 3 Value chain analysis
Fig. 4 PESTEL Analysis
Fig. 5 SWOT Analysis
Fig. 6 Porters Five forces analysis
Fig. 7 Human Resource Management Market: Penetration & growth prospect mapping
Fig. 8 Human Resource Management Market: Competitive snapshot
Fig. 9 Human Resource Management Market: Segmental snapshot
Fig. 10 Market Overview
Fig. 11 Human Resource Management Market: Product Analysis, 2017 - 2025
Fig. 12 Human Resource Management Market: Regional Analysis, 2017 - 2025
Fig. 13 Human Resource Management Market: Competitive Matrix
Fig. 14 Human Resource Management Market: Revenue Mix