+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Human Resource Management Systems - Global Market Trajectory & Analytics

  • ID: 5310740
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Accenture PLC
  • Ceridian HCM, Inc.
  • Gusto
  • Intellect
  • NetSuite, Inc.
  • SAP SE
Global Human Resource Management Systems Market to Reach $34.6 Trillion by 2027

Amid the COVID-19 crisis, the global market for Human Resource Management Systems estimated at US$17.4 Trillion in the year 2020, is projected to reach a revised size of US$34.6 Trillion by 2027, growing at a CAGR of 10.3% over the period 2020-2027. On-Premise, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$22.1 Trillion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud segment is readjusted to a revised 13.5% CAGR for the next 7-year period.





The U.S. Market is Estimated at $4.7 Trillion, While China is Forecast to Grow at 13.5% CAGR

The Human Resource Management Systems market in the U.S. is estimated at US$4.7 Trillion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.3 Trillion by the year 2027 trailing a CAGR of 13.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.2% and 8.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8% CAGR.

Select Competitors (Total 10 Featured):
  • Accenture PLC
  • Automatic Data Processing (ADP), Inc.
  • BambooHR
  • BizMerlin
  • Ceridian HCM, Inc.
  • Cezanne HR Ltd.
  • Deskera HRMS
  • Gusto
  • Halogen Software
  • IBM Corporation
  • Intellect
  • Kronos Incorporated
  • Mercer LLC
  • NetSuite, Inc.
  • Optimum HR
  • Oracle Corporation
  • SAP SE
  • Talentsoft
  • Talmetrix
  • Ultimate Software
  • Workday, Inc.
  • Zenefits
Frequently Asked Questions about the Global Market for Human Resource Management Systems

What is the estimated value of the Global Market for Human Resource Management Systems?

The Global Market for Human Resource Management Systems was estimated to be valued at $17.4 Trillion in 2020.

What is the growth rate of the Global Market for Human Resource Management Systems?

The growth rate of the Global Market for Human Resource Management Systems is 10.3%, with an estimated value of $34.6 Trillion by 2027.

What is the forecasted size of the Global Market for Human Resource Management Systems?

The Global Market for Human Resource Management Systems is estimated to be worth $34.6 Trillion by 2027.

Who are the key companies in the Global Market for Human Resource Management Systems?

Key companies in the Global Market for Human Resource Management Systems include Accenture PLC, Automatic Data Processing (ADP), Inc., BambooHR, BizMerlin, Ceridian HCM, Inc., Cezanne HR Ltd., Deskera HRMS, Gusto and IBM Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Accenture PLC
  • Ceridian HCM, Inc.
  • Gusto
  • Intellect
  • NetSuite, Inc.
  • SAP SE

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 10
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Accenture PLC
  • Automatic Data Processing (ADP), Inc.
  • BambooHR
  • BizMerlin
  • Ceridian HCM, Inc.
  • Cezanne HR Ltd.
  • Deskera HRMS
  • Gusto
  • Halogen Software
  • IBM Corporation
  • Intellect
  • Kronos Incorporated
  • Mercer LLC
  • NetSuite, Inc.
  • Optimum HR
  • Oracle Corporation
  • SAP SE
  • Talentsoft
  • Talmetrix
  • Ultimate Software
  • Workday, Inc.
  • Zenefits
Note: Product cover images may vary from those shown