HR Tech Market: Global Market Size, Forecast, Insights, and Competitive Landscape

The global HR tech market is expected to grow at a CAGR of around 9% during 2022-2028. This report on global HR tech market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global HR tech market by segmenting the market based on component, deployment mode, type, end user industry, company size and region. Also, detailed profiles of companies operating in the HR tech market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision. 

Market Drivers 

• Rising Shift of Companies towards Reporting and Analytics Dashboards
• Adoption of New Ways to Cater to Employees’ Needs

Market Challenges 

• Limited Use of Analytical Tools in Traditional HR Practices

Historical & Forecast Period

Base Year: 2021

Historical Period: 2017-2020

Forecast Period: 2022-2028

Market by Component 

• Software
  • Talent Management
• Workforce Management
• Recruitment
• Payroll Management
• Performance Management
• Others
• Services
• Support & Maintenance
• Integration & Deployment
• Training & Consulting

Market by Deployment Mode

• Cloud
• On-Premise

Market by Type

• Inhouse
• Outsourced

Market by End User Industry                                                                                                                                              

• TTH (Travel, Transportation, Hospitality)
• Public Sector
• Health Care
• Information Technology
• BFSI (Banking, Financial services, and Insurance)
• Others 

Market by Company Size                                                                                                               

• Less than 1k Employees
• 1k -5k Employees
• Greater than 5k Employees

Market by Region

• Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Rest of Asia Pacific
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • Turkey
  • Iran
  • United Arab Emirates
  • Rest of Middle East & Africa

1. Preface
1.1 Objective
1.2 Target Audience & Key Offerings
1.3 Report’s Scope
1.4 Research Methodology
1.4.1 Phase I
1.4.2 Phase II
1.4.3 Phase III
1.5 Assumptions
2. Key Insights
3. Global HR Tech Market
3.1. Introduction
3.2. Market Drivers
3.3. Market Challenges
4. Global HR Tech Market Analysis
4.1. Market Portraiture
4.2. Market Size
4.3. Market Forecast
4.4. Impact of COVID-19
5. Global HR Tech Market by Component
5.1. Introduction
5.2. Software
5.2.1 Talent Management
5.2.2 Workforce Management
5.2.3 Recruitment
5.2.4 Payroll Management
52.6 Performance Management
5.2.7 Others
5.3. Services
5.3.1 Support & Maintenance
5.3.2 Integration & Deployment
5.3.3 Training & Consulting
6. Global HR Tech Market by Deployment Mode
6.1. Introduction
6.2. Cloud
6.3. On-Premise
7. Global HR Tech Market by Type
7.1. Introduction
7.2. Inhouse
7.3. Outsourced
8. Global HR Tech Market by End User Industry
8.1 TTH (Travel, Transportation, Hospitality)
8.2 Public Sector
8.3 Health Care
8.4 Information Technology
8.5 BFSI (Banking, Financial services, and Insurance)
8.6 Others
9. Global HR Tech Market by Company Size
9.1 Less than 1k Employees
9.2 1k -5k Employees
9.3Greater than 5k Employees
10. Global HR Tech Market by Region
10.1 Introduction
10.2 Europe
10.2.1 Germany
10.2.2 United Kingdom
10.2.3 France
10.2.4 Italy
10.2.5 Spain
10.2.6 Russia
10.2.7 Netherlands
10.2.8 Rest of the Europe
10.3 North America
10.3.1 United States
10.3.2 Canada
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia
10.4.6 Indonesia
10.4.7 Rest of the Asia Pacific
10.5 Latin America
10.5.1 Mexico
10.5.2 Brazil
10.5.3 Argentina
10.5.4 Rest of Latin America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 Turkey
10.6.3 Iran
10.6.4 United Arab Emirates
10.6.5 Rest of Middle East & Africa
11. SWOT Analysis
12. Porter’s Five Forces
13. Market Value Chain Analysis
14. Competitive Landscape
14.1 Competitive Scenario
14.2 Company Profiles
14.2.1 Automatic Data Processing. (ADP), Inc.
14.2.2 Ceridian HCM, Inc.
14.2.3 Cezanne HR Ltd.
14.2.4 Cornerstone OnDemand, Inc.
14.2.5 IBM Corporation
14.2.6 Infor
14.2.7 NetSuite, Inc.
14.2.8 Oracle Corporation
14.2.9 SAP SE
14.2.10 Talentsoft
14.2.11 Ultimate Software
14.2.12 Workday, Inc.

List of Figures

Figure 1: Global HR Tech Market (in US$ Million), 2017-2021
Figure 2: Global HR Tech Market by Component,2021
Figure 3: Global HR Tech Market by Deployment Mode, 2021
Figure 4: Global HR Tech Market by Type, 2021
Figure 5: Global HR Tech Market by End Use Industry, 2021
Figure 6: Global HR Tech Market by Company Size, 2021
Figure 7: Global HR Tech Market by Region, 2021
Figure 8: Global HR Tech Market (in US$ Million), 2022-2028
Figure 9: Global HR Tech Market by Component (in %), 2021 & 2028
Figure 10: Global Software HR Tech Market (in US$ Million), 2017-2021
Figure 11: Global Software HR Tech Market (in US$ Million), 2022-2028
Figure 12: Talent Management Software HR Tech Market (in US$ Million), 2017-2028
Figure 13: Workforce Management Software HR Tech Market (in US$ Million), 2017-2028
Figure 14: Recruitment Software HR Tech Market (in US$ Million), 2017-2028
Figure 15: Payroll Management Software HR Tech Market (in US$ Million), 2017-2028
Figure 16: Performance Management Software HR Tech Market (in US$ Million), 2017-2028
Figure 17: Other Softwares HR Tech Market (in US$ Million), 2017-2028
Figure 18: Global Services HR Tech Market (in US$ Million), 2017-2021
Figure 19: Global Services HR Tech Market (in US$ Million), 2022-2028
Figure 20: Support & Maintenance Services HR Tech Market (in US$ Million), 2017-2028
Figure 21: Integration & Deployment Services HR Tech Market (in US$ Million), 2017-2028
Figure 22: Training & Consulting Services HR Tech Market (in US$ Million), 2017-2028
Figure 23: Global HR Tech Market by Deployment Mode (in %), 2021 & 2028
Figure 24: Global Cloud HR Tech Market (in US$ Million), 2017-2021
Figure 25: Global Cloud HR Tech Market (in US$ Million), 2022-2028
Figure 26: Global On-Premise HR Tech Market (in US$ Million), 2017-2021
Figure 27: Global On-Premise HR Tech Market (in US$ Million), 2022-2028
Figure 28: Global HR Tech Market by Type (in %), 2021 & 2028
Figure 29: Global Inhouse HR Tech Market (in US$ Million), 2017-2021
Figure 30: Global Inhouse HR Tech Market (in US$ Million), 2022-2028
Figure 31: Global Outsourced HR Tech Market (in US$ Million), 2017-2021
Figure 32: Global Outsourced HR Tech Market (in US$ Million), 2022-2028
Figure 33: Global HR Tech Market by End Use Industry (in %), 2021 & 2028
Figure 34: Global TTH (Travel, Transportation, Hospitality) HR Tech Market (in US$ Million), 2017-2021
Figure 35: Global TTH (Travel, Transportation, Hospitality) HR Tech Market (in US$ Million), 2022-2028
Figure 36: Global Public Sector HR Tech Market (in US$ Million), 2017-2021
Figure 37: Global Public Sector HR Tech Market (in US$ Million), 2022-2028
Figure 38: Global Health Care HR Tech Market (in US$ Million), 2017-2021
Figure 39: Global Health Care HR Tech Market (in US$ Million), 2022-2028
Figure 40: Global Information Technology HR Tech Market (in US$ Million), 2017-2021
Figure 41: Global Information Technology HR Tech Market (in US$ Million), 2022-2028
Figure 42: Global BFSI (Banking, Financial services, and Insurance) HR Tech Market (in US$ Million), 2017-2021
Figure 43: Global BFSI (Banking, Financial services, and Insurance) HR Tech Market (in US$ Million), 2022-2028
Figure 44: Global other End Use Industries HR Tech Market (in US$ Million), 2017-2021
Figure 45: Global other End Use Industries HR Tech Market (in US$ Million), 2022-2028
Figure 46: Global HR Tech Market by Company Size (in %), 2021 & 2028
Figure 47: Global Less than 1k Employees HR Tech Market (in US$ Million), 2017-2021
Figure 48: Global Less than 1k Employees HR Tech Market (in US$ Million), 2022-2028
Figure 49: Global 1k -5k Employees HR Tech Market (in US$ Million), 2017-2021
Figure 50: Global 1k -5k Employees HR Tech Market (in US$ Million), 2022-2028
Figure 51: Global Greater than 5k Employees HR Tech Market (in US$ Million), 2017-2021
Figure 52: Global Greater than 5k Employees HR Tech Market (in US$ Million), 2022-2028
Figure 53: Global HR Tech Market by Region (in %), 2021 & 2028
Figure 54: Europe HR Tech Market (in US$ Million), 2017-2021
Figure 55: Europe HR Tech Market (in US$ Million), 2022-2028
Figure 56: Europe HR Tech Market by Country (in %), 2021 & 2028
Figure 57: Germany HR Tech Market (in US$ Million), 2017-2028
Figure 58: United Kingdom HR Tech Market (in US$ Million), 2017-2028
Figure 59: France HR Tech Market (in US$ Million), 2017-2028
Figure 60: Italy HR Tech Market (in US$ Million), 2017-2028
Figure 61: Spain HR Tech Market (in US$ Million), 2017-2028
Figure 62: Russia HR Tech Market (in US$ Million), 2017-2028
Figure 63: Netherlands HR Tech Market (in US$ Million), 2017-2028
Figure 64: North America HR Tech Market (in US$ Million), 2017-2021
Figure 65: North America HR Tech Market (in US$ Million), 2022-2028
Figure 66: North America HR Tech Market by Country (in %), 2021 & 2028
Figure 67: United States HR Tech Market (in US$ Million), 2017-2028
Figure 68: Canada HR Tech Market (in US$ Million), 2017-2028
Figure 69: Asia Pacific HR Tech Market (in US$ Million), 2017-2021
Figure 70: Asia Pacific HR Tech Market (in US$ Million), 2022-2028
Figure 71: Asia Pacific HR Tech Market by Country (in %), 2021 & 2028
Figure 72: China HR Tech Market (in US$ Million), 2017-2028
Figure 73: Japan HR Tech Market (in US$ Million), 2017-2028
Figure 74: India HR Tech Market (in US$ Million), 2017-2028
Figure 75: South Korea HR Tech Market (in US$ Million), 2017-2028
Figure 76: Australia HR Tech Market (in US$ Million), 2017-2028
Figure 77: Indonesia HR Tech Market (in US$ Million), 2017-2028
Figure 78: Latin America HR Tech Market (in US$ Million), 2017-2021
Figure 79: Latin America HR Tech Market (in US$ Million), 2022-2028
Figure 80: Latin America HR Tech Market by Country (in %), 2021 & 2028
Figure 81: Mexico HR Tech Market (in US$ Million), 2017-2028
Figure 82: Brazil HR Tech Market (in US$ Million), 2017-2028
Figure 83: Argentina HR Tech Market (in US$ Million), 2017-2028
Figure 84: Middle East & Africa HR Tech Market (in US$ Million), 2017-2021
Figure 85: Middle East & Africa HR Tech Market (in US$ Million), 2022-2028
Figure 86: Middle East & Africa HR Tech Market by Country (in %), 2021 & 2028
Figure 87: Saudi Arabia HR Tech Market (in US$ Million), 2017-2028
Figure 88: Turkey HR Tech Market (in US$ Million), 2017-2028
Figure 89: Iran HR Tech Market (in US$ Million), 2017-2028
Figure 90: UAE HR Tech Market (in US$ Million), 2017-2028
Figure 91: Market Value Chain

List of Tables

Table 1: Global HR Tech Market Portraiture
Table 2: Global HR Tech Market by Component (in US$ Million), 2021 & 2028
Table 3: Software HR Tech Market by Component (in US$ Million), 2021 & 2028
Table 4: Services HR Tech Market by Component (in US$ Million), 2021 & 2028
Table 5: Global HR Tech Market by Deployment Mode (in US$ Million), 2021 & 2028
Table 6: Global HR Tech Market by Type (in US$ Million), 2021 & 2028
Table 7: Global HR Tech Market by End Use Industry (in US$ Million), 2021 & 2028
Table 8: Global HR Tech Market by Company Size (in US$ Million), 2021 & 2028
Table 9: Global HR Tech Market by Region (in US$ Million), 2021 & 2028
Table 10: Europe HR Tech Market by Country (in US$ Million), 2021 & 2028
Table 11: North America HR Tech Market by Country (in US$ Million), 2021 & 2028
Table 12: Asia Pacific HR Tech Market by Country (in US$ Million), 2021 & 2028
Table 13: Latin America HR Tech Market by Country (in US$ Million), 2021 & 2028
Table 14: Middle East & Africa HR Tech Market by Country (in US$ Million),2021 & 2028
Table 15: List of Key Players