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%.
HR Analytics Market Overview
The global market intelligence and business consulting firm Maximise Market Research recently published a report on HR Analytics Market in which it indicates the expected growth of the HR Analytics market in forecast period by 2029. MMR have clients across the globe in more than 34 countries and has served more than 600 clients since 2017.
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Market Scope
In the report the forecast period is considered from 2021 to 2029 with the base year as 2021. The report indicates the market size in terms of value and volume that is estimated on real numbers and outputs of the key players across the globe. The report is an in-depth analysis of the HR Analytics market and the market segmentation. The report assists the readers to analyse the competitive landscape of prominent firms and the new entrants in the HR Analytics market.
Segmentation
On the basis of solution, the workforce planning segment generated a major share of US$ Mn. in 2021. Based on the end-user industry, the IT and telecom segment is expected to dominate the market during the forecast period. Enterprises in the IT and telecom industry are expanding the global footprint, which increases the need for managing the globally scattered workforce, thereby driving the demand for efficient HR analytics solutions. According to the deployment model, on-premise solutions held the largest share as they offer the tractability to customize operations and enhance plug-ins when required. The cloud segment is expected to grow at the highest CAGR of % during the forecast period.
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Key Players
• IBM Corporation
• Infor
• Crunchr
• Sisense
• Cognizant Technology Solutions Corp.
• Accenture plc
• Infosys Limited
• ADP LLC
• Ascentis Software Corporation
• Genpact Ltd.
• Cornerstone OnDemand, Inc.
• Beeline
• GainInsights Solutions Pvt. Ltd.
• Paylocity
• Nakisa, Inc.
• PeopleFluent Companies
• PeopleStreme Pty. Ltd
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Regional Analysis
In-depth investigations of the HR Analytics market on a regional basis can be seen in the report. The government initiatives in the sector and regulations and rein in rising expenses drive the HR Analytics market growth in the region. The geographic condition of the HR Analytics market and in-depth analysis of business network structure and opportunities and new updates of market are included in the report.
Key Questions answered in the HR Analytics Market Report are:
- What is HR Analytics Market?
- What is the forecast period of the HR Analytics Market?
- What is the competitive scenario of the HR Analytics market?
- Which region held the largest market share in the HR Analytics Market?
- What are the opportunities for the HR Analytics Market?
- What factors are affecting the HR Analytics market growth?
- Who are the key players of the HR Analytics market?
- Which company held the largest share in the HR Analytics market?
- What will be the CAGR of the HR Analytics market during the forecast period?
- What key trends are likely to emerge in the HR Analytics market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by HR Analytics
- Landscape- Leading key players and other prominent key players.
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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