Global Human Resource Management Systems Market to Reach $36.8 Billion by 2030
The global market for Human Resource Management Systems estimated at US$17.3 Billion in the year 2022, is projected to reach a revised size of US$36.8 Billion by 2030, growing at a CAGR of 9.9% over the analysis period 2022-2030. On-Premise, one of the segments analyzed in the report, is projected to record 8.4% CAGR and reach US$23.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cloud segment is readjusted to a revised 13.1% CAGR for the next 8-year period.The U.S. Market is Estimated at $4.7 Billion, While China is Forecast to Grow at 13.3% CAGR
The Human Resource Management Systems market in the U.S. is estimated at US$4.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.1 Billion by the year 2030 trailing a CAGR of 13.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.5% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR.Select Competitors (Total 12 Featured) -
- Accenture PLC
- BambooHR LLC
- BizMerlin
- Ceridian HCM, Inc.
- Cezanne HR Ltd.
- IBM Corporation
- Intellect
- KRONOS INTERNATIONAL INC.
- Mercer LLC
- Optimum Employer Solutions
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture PLC
- BambooHR LLC
- BizMerlin
- Ceridian HCM, Inc.
- Cezanne HR Ltd.
- IBM Corporation
- Intellect
- KRONOS INTERNATIONAL INC.
- Mercer LLC
- Optimum Employer Solutions
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 158 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 17.3 Billion |
Forecasted Market Value ( USD | $ 36.8 Billion |
Compound Annual Growth Rate | 9.9% |
Regions Covered | Global |