The Human Resource (HR) Technology Market is expected to reach US$ 53.3 Billion by 2028, exhibiting a growth rate (CAGR) of 9.08% during 2023-2028.
SHERIDAN, WY, USA, December 5, 2022 /
EINPresswire.com/ -- According to the latest report by IMARC Group, titled โ๐๐๐บ๐ฎ๐ป ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ (๐๐ฅ) ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฆ๐ต๐ฎ๐ฟ๐ฒ, ๐ฆ๐ถ๐๐ฒ, ๐๐ฟ๐ผ๐๐๐ต, ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ ๐ฎ๐ป๐ฑ ๐๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐๐ ๐ฎ๐ฌ๐ฎ๐ฏ-๐ฎ๐ฌ๐ฎ๐ด,โ the
global human resource (HR) technology market size reached US$ 31.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 53.3 Billion by 2028, exhibiting a growth rate (CAGR) of 9.08% during 2023-2028.
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐๐บ๐ฎ๐ป ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ (๐๐ฅ) ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐:
Human Resource (HR) technology refers to a range of software and hardware solutions that help streamline, automate and execute various administrative operations in organizations. It encompasses a set of computer applications, tools, cloud-based technologies, and digital platforms that automate day-to-day procedures, securely store data, and offer analytical tools to help managers make better strategic decisions. It can be in-house or outsourced. Human resource technology enhances all the aspects of employment within the organization, from the first day of recruitment until the retirement of the employees. Apart from this, HR technology deals with talent acquisition, management of payrolls, compensation, and performance and workforce analytics operations. This, in turn, assists companies in resolving several HR-related compliance issues, mitigating data duplication errors, focusing on revenue-generating activities, and ensuring paperless onboarding while maintaining the information. As a result, human resource technology finds widespread applications across various sectors, such as public, healthcare, travel, transportation, hospitality, information technology (IT), BFSI, etc., across the globe.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ณ๐ฟ๐ฒ๐ฒ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฏ๐ฟ๐ผ๐ฐ๐ต๐๐ฟ๐ฒ:
https://www.imarcgroup.com/human-resource-technology-market/requestsample
๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐๐บ๐ฎ๐ป ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ (๐๐ฅ) ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐:
Rapid digitalization of human resource management (HRM) systems and the introduction of analytics, mobile, and cloud-based technologies are primarily driving the market growth. As compared to conventional HR techniques, these advanced solutions inhibit the occurrence of systemic errors caused by human interference and improve time management and productivity at minimal operational cost. Besides this, the increasing technological innovations that aid in various applications, such as the workforce and talent administration, is further augmenting the market growth. Moreover, the development of human resource (HR) technology for advertisement, recruitment, interviewing, and assessment activities, owing to the rising working population and complex management methods, is also catalyzing the global market. Additionally, the employment of diverse, complex management practices is supplementing the demand for HR technologies to advertise, assess, interview, and recruit potential employee. Moreover, the large-scale integration of cloud computing and artificial intelligence (AI) has streamlined with HR system to create staff schedules, estimate changing demand, supervise several administrative functions, attend meetings, and match workers to workloads, is fueling the market growth. Besides this, the widespread adoption of the work-from-home (WFH) model and full-time remote work post-COVID-19 pandemic and the uptake of a goal-oriented model in workforce operations are positively stimulating the market growth.
๐๐ต๐ฒ๐ฐ๐ธ๐ผ๐๐ ๐ก๐ผ๐:
https://www.imarcgroup.com/checkout?id=1798&method=1
๐๐๐บ๐ฎ๐ป ๐ฅ๐ฒ๐๐ผ๐๐ฟ๐ฐ๐ฒ (๐๐ฅ) ๐ง๐ฒ๐ฐ๐ต๐ป๐ผ๐น๐ผ๐ด๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฎ๐ฌ๐ฎ๐ฏ-๐ฎ๐ฌ๐ฎ๐ด ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ ๐ช๐ถ๐๐ต ๐๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐:
The competitive landscape of the human resource (HR) technology market has been studied in the report with the detailed profiles of the key players operating in the market.
๐ฆ๐ผ๐บ๐ฒ ๐ผ๐ณ ๐๐ต๐ฒ๐๐ฒ ๐ธ๐ฒ๐ ๐ฝ๐น๐ฎ๐๐ฒ๐ฟ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ:
โข SAP
โข Workday
โข ADP
โข Oracle
โข Microsoft
โข Kronos Incorporated
โข Ultimate Software
โข SumTotal Systems
โข IBM
โข Ceridian
๐๐ฒ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป:
The report has segmented the global human resource (HR) technology market on the basis of application, type, end-use industry, company size and region.
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐๐ฝ๐ฝ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป:
โข Talent Management
โข Payroll Management
โข Performance Management
โข Workforce Management
โข Recruitment
โข Others
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐ง๐๐ฝ๐ฒ:
โข Inhouse
โข Outsourced
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐๐ป๐ฑ-๐จ๐๐ฒ ๐๐ป๐ฑ๐๐๐๐ฟ๐:
โข TTH (Travel, Transportation, Hospitality)
โข Public Sector
โข Health Care
โข Information Technology
โข BFSI (Banking, Financial services, and Insurance)
โข Others
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ ๐ฆ๐ถ๐๐ฒ:
โข Less than 1k Employees
โข 1k -5k Employees
โข Greater than 5k Employees
๐๐ฟ๐ฒ๐ฎ๐ธ๐๐ฝ ๐ฏ๐ ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป:
โข North America
โข Europe
โข Asia Pacific
โข Middle East and Africa
โข Latin America
๐๐๐ธ ๐๐ป๐ฎ๐น๐๐๐ ๐ณ๐ผ๐ฟ ๐ญ๐ฌ% ๐ณ๐ฟ๐ฒ๐ฒ ๐ฐ๐๐๐๐ผ๐บ๐ถ๐๐ฒ๐ฑ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐:
https://www.imarcgroup.com/request?type=report&id=1798&flag=C
๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐:
โข Market Performance (2017-2022)
โข Market Outlook (๐ฎ๐ฌ๐ฎ๐ฏ-๐ฎ๐ฌ๐ฎ๐ด)
โข Market Trends
โข Market Drivers and Success Factors
โข Impact of COVID-19
โข Value Chain Analysis
โข Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
๐๐ฟ๐ผ๐๐๐ฒ ๐ฅ๐ฒ๐น๐ฎ๐๐ฒ๐ฑ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐๐:
Data Center Server Market
Africa Mobile Money Market
๐๐ฏ๐ผ๐๐ ๐จ๐:
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