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HR Software Market 2025-2029

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    Report

  • 248 Pages
  • June 2025
  • Region: Global
  • TechNavio
  • ID: 5681582
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The hr software market is forecasted to grow by USD 17.35 billion during 2024-2029, accelerating at a CAGR of 12% during the forecast period. The report on the hr software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased budgets for hr software, increasing need to streamline hr functions, and growing need for businesses to comply with regulatory guidelines and ethical standards.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The hr software market is segmented as below:

By Type

  • Core HR
  • Talent management
  • Employee collaboration and engagement
  • Recruiting
  • Workforce planning and analytics

By End-user

  • Large enterprises
  • SMEs

By Sector

  • IT and tech
  • Healthcare
  • Manufacturing
  • Retail
  • Others

By Deployment

  • Cloud-based
  • On-premises

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • Middle East and Africa
  • South America
This study identifies the rising adoption of digital hr technology as one of the prime reasons driving the hr software market growth during the next few years. Also, increasing popularity of advanced workforce analytics and integration of ai into hr software will lead to sizable demand in the market.

The report on the hr software market covers the following areas:

  • HR Software Market sizing
  • HR Software Market forecast
  • HR Software Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hr software market vendors that include Automatic Data Processing Inc., Automatic Payroll Systems Inc., Bamboo HR LLC, Cornerstone OnDemand Inc., Dayforce Inc., EmployWise, Greytip Software Pvt. Ltd., International Business Machines Corp., isolved HCM LLC, Namely Inc., Oracle Corp., PATRIOT SOFTWARE LLC, Paycom Software Inc., Paycor HCM Inc., Paylocity Holding Corp., Rippling People Center Inc., SAP SE, TriNet Group Inc., UKG Inc., and Workday Inc. Also, the hr software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Sector
Executive Summary - Chart on Market Segmentation by Deployment
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on Global - Market size and forecast 2024-2029 ($ million)
Data Table on Global - Market size and forecast 2024-2029 ($ million)
Chart on Global Market: Year-over-year growth 2024-2029 (%)
Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Global HR Software Market 2019 - 2023
Historic Market Size - Data Table on Global HR Software Market 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.4 Sector segment analysis 2019 - 2023
Historic Market Size - Sector Segment 2019 - 2023 ($ million)
5.5 Deployment segment analysis 2019 - 2023
Historic Market Size - Deployment Segment 2019 - 2023 ($ million)
5.6 Geography segment analysis 2019 - 2023
Historic Market Size - Geography Segment 2019 - 2023 ($ million)
5.7 Country segment analysis 2019 - 2023
Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 The AI impact on global HR software market
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Type
8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Core HR - Market size and forecast 2024-2029
Chart on Core HR - Market size and forecast 2024-2029 ($ million)
Data Table on Core HR - Market size and forecast 2024-2029 ($ million)
Chart on Core HR - Year-over-year growth 2024-2029 (%)
Data Table on Core HR - Year-over-year growth 2024-2029 (%)
8.4 Talent management - Market size and forecast 2024-2029
Chart on Talent management - Market size and forecast 2024-2029 ($ million)
Data Table on Talent management - Market size and forecast 2024-2029 ($ million)
Chart on Talent management - Year-over-year growth 2024-2029 (%)
Data Table on Talent management - Year-over-year growth 2024-2029 (%)
8.5 Employee collaboration and engagement - Market size and forecast 2024-2029
Chart on Employee collaboration and engagement - Market size and forecast 2024-2029 ($ million)
Data Table on Employee collaboration and engagement - Market size and forecast 2024-2029 ($ million)
Chart on Employee collaboration and engagement - Year-over-year growth 2024-2029 (%)
Data Table on Employee collaboration and engagement - Year-over-year growth 2024-2029 (%)
8.6 Recruiting - Market size and forecast 2024-2029
Chart on Recruiting - Market size and forecast 2024-2029 ($ million)
Data Table on Recruiting - Market size and forecast 2024-2029 ($ million)
Chart on Recruiting - Year-over-year growth 2024-2029 (%)
Data Table on Recruiting - Year-over-year growth 2024-2029 (%)
8.7 Workforce planning and analytics - Market size and forecast 2024-2029
Chart on Workforce planning and analytics - Market size and forecast 2024-2029 ($ million)
Data Table on Workforce planning and analytics - Market size and forecast 2024-2029 ($ million)
Chart on Workforce planning and analytics - Year-over-year growth 2024-2029 (%)
Data Table on Workforce planning and analytics - Year-over-year growth 2024-2029 (%)
8.8 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by End-user
9.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
9.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
9.3 Large enterprises - Market size and forecast 2024-2029
Chart on Large enterprises - Market size and forecast 2024-2029 ($ million)
Data Table on Large enterprises - Market size and forecast 2024-2029 ($ million)
Chart on Large enterprises - Year-over-year growth 2024-2029 (%)
Data Table on Large enterprises - Year-over-year growth 2024-2029 (%)
9.4 SMEs - Market size and forecast 2024-2029
Chart on SMEs - Market size and forecast 2024-2029 ($ million)
Data Table on SMEs - Market size and forecast 2024-2029 ($ million)
Chart on SMEs - Year-over-year growth 2024-2029 (%)
Data Table on SMEs - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
10 Market Segmentation by Sector
10.1 Market segments
Chart on Sector - Market share 2024-2029 (%)
Data Table on Sector - Market share 2024-2029 (%)
10.2 Comparison by Sector
Chart on Comparison by Sector
Data Table on Comparison by Sector
10.3 IT and tech - Market size and forecast 2024-2029
Chart on IT and tech - Market size and forecast 2024-2029 ($ million)
Data Table on IT and tech - Market size and forecast 2024-2029 ($ million)
Chart on IT and tech - Year-over-year growth 2024-2029 (%)
Data Table on IT and tech - Year-over-year growth 2024-2029 (%)
10.4 Healthcare - Market size and forecast 2024-2029
Chart on Healthcare - Market size and forecast 2024-2029 ($ million)
Data Table on Healthcare - Market size and forecast 2024-2029 ($ million)
Chart on Healthcare - Year-over-year growth 2024-2029 (%)
Data Table on Healthcare - Year-over-year growth 2024-2029 (%)
10.5 Manufacturing - Market size and forecast 2024-2029
Chart on Manufacturing - Market size and forecast 2024-2029 ($ million)
Data Table on Manufacturing - Market size and forecast 2024-2029 ($ million)
Chart on Manufacturing - Year-over-year growth 2024-2029 (%)
Data Table on Manufacturing - Year-over-year growth 2024-2029 (%)
10.6 Retail - Market size and forecast 2024-2029
Chart on Retail - Market size and forecast 2024-2029 ($ million)
Data Table on Retail - Market size and forecast 2024-2029 ($ million)
Chart on Retail - Year-over-year growth 2024-2029 (%)
Data Table on Retail - Year-over-year growth 2024-2029 (%)
10.7 Others - Market size and forecast 2024-2029
Chart on Others - Market size and forecast 2024-2029 ($ million)
Data Table on Others - Market size and forecast 2024-2029 ($ million)
Chart on Others - Year-over-year growth 2024-2029 (%)
Data Table on Others - Year-over-year growth 2024-2029 (%)
10.8 Market opportunity by Sector
Market opportunity by Sector ($ million)
Data Table on Market opportunity by Sector ($ million)
11 Market Segmentation by Deployment
11.1 Market segments
Chart on Deployment - Market share 2024-2029 (%)
Data Table on Deployment - Market share 2024-2029 (%)
11.2 Comparison by Deployment
Chart on Comparison by Deployment
Data Table on Comparison by Deployment
11.3 Cloud-based - Market size and forecast 2024-2029
Chart on Cloud-based - Market size and forecast 2024-2029 ($ million)
Data Table on Cloud-based - Market size and forecast 2024-2029 ($ million)
Chart on Cloud-based - Year-over-year growth 2024-2029 (%)
Data Table on Cloud-based - Year-over-year growth 2024-2029 (%)
11.4 On-premises - Market size and forecast 2024-2029
Chart on On-premises - Market size and forecast 2024-2029 ($ million)
Data Table on On-premises - Market size and forecast 2024-2029 ($ million)
Chart on On-premises - Year-over-year growth 2024-2029 (%)
Data Table on On-premises - Year-over-year growth 2024-2029 (%)
11.5 Market opportunity by Deployment
Market opportunity by Deployment ($ million)
Data Table on Market opportunity by Deployment ($ million)
12 Customer Landscape
12.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Geographic Landscape
13.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2024-2029 (%)
Data Table on Market share By Geographical Landscape 2024-2029 (%)
13.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
13.3 North America - Market size and forecast 2024-2029
Chart on North America - Market size and forecast 2024-2029 ($ million)
Data Table on North America - Market size and forecast 2024-2029 ($ million)
Chart on North America - Year-over-year growth 2024-2029 (%)
Data Table on North America - Year-over-year growth 2024-2029 (%)
13.4 Europe - Market size and forecast 2024-2029
Chart on Europe - Market size and forecast 2024-2029 ($ million)
Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Chart on Europe - Year-over-year growth 2024-2029 (%)
Data Table on Europe - Year-over-year growth 2024-2029 (%)
13.5 APAC - Market size and forecast 2024-2029
Chart on APAC - Market size and forecast 2024-2029 ($ million)
Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Chart on APAC - Year-over-year growth 2024-2029 (%)
Data Table on APAC - Year-over-year growth 2024-2029 (%)
13.6 Middle East and Africa - Market size and forecast 2024-2029
Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
13.7 South America - Market size and forecast 2024-2029
Chart on South America - Market size and forecast 2024-2029 ($ million)
Data Table on South America - Market size and forecast 2024-2029 ($ million)
Chart on South America - Year-over-year growth 2024-2029 (%)
Data Table on South America - Year-over-year growth 2024-2029 (%)
13.8 US - Market size and forecast 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US - Year-over-year growth 2024-2029 (%)
Data Table on US - Year-over-year growth 2024-2029 (%)
13.9 Germany - Market size and forecast 2024-2029
Chart on Germany - Market size and forecast 2024-2029 ($ million)
Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Chart on Germany - Year-over-year growth 2024-2029 (%)
Data Table on Germany - Year-over-year growth 2024-2029 (%)
13.10 Canada - Market size and forecast 2024-2029
Chart on Canada - Market size and forecast 2024-2029 ($ million)
Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Chart on Canada - Year-over-year growth 2024-2029 (%)
Data Table on Canada - Year-over-year growth 2024-2029 (%)
13.11 UK - Market size and forecast 2024-2029
Chart on UK - Market size and forecast 2024-2029 ($ million)
Data Table on UK - Market size and forecast 2024-2029 ($ million)
Chart on UK - Year-over-year growth 2024-2029 (%)
Data Table on UK - Year-over-year growth 2024-2029 (%)
13.12 China - Market size and forecast 2024-2029
Chart on China - Market size and forecast 2024-2029 ($ million)
Data Table on China - Market size and forecast 2024-2029 ($ million)
Chart on China - Year-over-year growth 2024-2029 (%)
Data Table on China - Year-over-year growth 2024-2029 (%)
13.13 The Netherlands - Market size and forecast 2024-2029
Chart on The Netherlands - Market size and forecast 2024-2029 ($ million)
Data Table on The Netherlands - Market size and forecast 2024-2029 ($ million)
Chart on The Netherlands - Year-over-year growth 2024-2029 (%)
Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
13.14 Brazil - Market size and forecast 2024-2029
Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Chart on Brazil - Year-over-year growth 2024-2029 (%)
Data Table on Brazil - Year-over-year growth 2024-2029 (%)
13.15 Japan - Market size and forecast 2024-2029
Chart on Japan - Market size and forecast 2024-2029 ($ million)
Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Chart on Japan - Year-over-year growth 2024-2029 (%)
Data Table on Japan - Year-over-year growth 2024-2029 (%)
13.16 India - Market size and forecast 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India - Year-over-year growth 2024-2029 (%)
Data Table on India - Year-over-year growth 2024-2029 (%)
13.17 UAE - Market size and forecast 2024-2029
Chart on UAE - Market size and forecast 2024-2029 ($ million)
Data Table on UAE - Market size and forecast 2024-2029 ($ million)
Chart on UAE - Year-over-year growth 2024-2029 (%)
Data Table on UAE - Year-over-year growth 2024-2029 (%)
13.18 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
14 Drivers, Challenges, and Opportunity/Restraints
14.1 Market drivers
14.2 Market challenges
14.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
14.4 Market opportunities/restraints
15 Competitive Landscape
15.1 Overview
15.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
15.3 Landscape disruption
Overview on factors of disruption
15.4 Industry risks
Impact of key risks on business
16 Competitive Analysis
16.1 Companies profiled
Companies covered
16.2 Company ranking index
Company ranking index
16.3 Market positioning of companies
Matrix on companies position and classification
16.4 Automatic Data Processing Inc.
Automatic Data Processing Inc. - Overview
Automatic Data Processing Inc. - Business segments
Automatic Data Processing Inc. - Key news
Automatic Data Processing Inc. - Key offerings
Automatic Data Processing Inc. - Segment focus
SWOT
16.5 Automatic Payroll Systems Inc.
Automatic Payroll Systems Inc. - Overview
Automatic Payroll Systems Inc. - Product/Service
Automatic Payroll Systems Inc. - Key offerings
SWOT
16.6 Bamboo HR LLC
Bamboo HR LLC - Overview
Bamboo HR LLC - Product/Service
Bamboo HR LLC - Key offerings
SWOT
16.7 Cornerstone OnDemand Inc.
Cornerstone OnDemand Inc. - Overview
Cornerstone OnDemand Inc. - Product/Service
Cornerstone OnDemand Inc. - Key news
Cornerstone OnDemand Inc. - Key offerings
SWOT
16.8 Dayforce Inc.
Dayforce Inc. - Overview
Dayforce Inc. - Product/Service
Dayforce Inc. - Key news
Dayforce Inc. - Key offerings
SWOT
16.9 International Business Machines Corp.
International Business Machines Corp. - Overview
International Business Machines Corp. - Business segments
International Business Machines Corp. - Key news
International Business Machines Corp. - Key offerings
International Business Machines Corp. - Segment focus
SWOT
16.10 Oracle Corp.
Oracle Corp. - Overview
Oracle Corp. - Business segments
Oracle Corp. - Key news
Oracle Corp. - Key offerings
Oracle Corp. - Segment focus
SWOT
16.11 Paycom Software Inc.
Paycom Software Inc. - Overview
Paycom Software Inc. - Product/Service
Paycom Software Inc. - Key offerings
SWOT
16.12 Paycor HCM Inc.
Paycor HCM Inc. - Overview
Paycor HCM Inc. - Product/Service
Paycor HCM Inc. - Key news
Paycor HCM Inc. - Key offerings
SWOT
16.13 Paylocity Holding Corp.
Paylocity Holding Corp. - Overview
Paylocity Holding Corp. - Product/Service
Paylocity Holding Corp. - Key offerings
SWOT
16.14 Rippling People Center Inc.
Rippling People Center Inc. - Overview
Rippling People Center Inc. - Product/Service
Rippling People Center Inc. - Key offerings
SWOT
16.15 SAP SE
SAP SE - Overview
SAP SE - Business segments
SAP SE - Key news
SAP SE - Key offerings
SAP SE - Segment focus
SWOT
16.16 TriNet Group Inc.
TriNet Group Inc. - Overview
TriNet Group Inc. - Product/Service
TriNet Group Inc. - Key offerings
SWOT
16.17 UKG Inc.
UKG Inc. - Overview
UKG Inc. - Product/Service
UKG Inc. - Key offerings
SWOT
16.18 Workday Inc.
Workday Inc. - Overview
Workday Inc. - Product/Service
Workday Inc. - Key news
Workday Inc. - Key offerings
SWOT
17 Appendix
17.1 Scope of the report
17.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
17.3 Currency conversion rates for US$
Currency conversion rates for US$
17.4 Research methodology
Research methodology
17.5 Data procurement
Information sources
17.6 Data validation
Data validation
17.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
17.8 Data synthesis
Data synthesis
17.9 360 degree market analysis
360 degree market analysis
17.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Market Segmentation by Sector
Exhibits 8: Executive Summary - Chart on Market Segmentation by Deployment
Exhibits 9: Executive Summary - Chart on Incremental Growth
Exhibits 10: Executive Summary - Data Table on Incremental Growth
Exhibits 11: Executive Summary - Chart on Company Market Positioning
Exhibits 12: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 13: Overview on criticality of inputs and factors of differentiation
Exhibits 14: Overview on factors of disruption
Exhibits 15: Impact of drivers and challenges in 2024 and 2029
Exhibits 16: Parent Market
Exhibits 17: Data Table on - Parent Market
Exhibits 18: Market characteristics analysis
Exhibits 19: Value chain analysis
Exhibits 20: Offerings of companies included in the market definition
Exhibits 21: Market segments
Exhibits 22: Chart on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 23: Data Table on Global - Market size and forecast 2024-2029 ($ million)
Exhibits 24: Chart on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 25: Data Table on Global Market: Year-over-year growth 2024-2029 (%)
Exhibits 26: Historic Market Size - Data Table on Global HR Software Market 2019 - 2023 ($ million)
Exhibits 27: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 28: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 29: Historic Market Size - Sector Segment 2019 - 2023 ($ million)
Exhibits 30: Historic Market Size - Deployment Segment 2019 - 2023 ($ million)
Exhibits 31: Historic Market Size - Geography Segment 2019 - 2023 ($ million)
Exhibits 32: Historic Market Size - Country Segment 2019 - 2023 ($ million)
Exhibits 33: Five forces analysis - Comparison between 2024 and 2029
Exhibits 34: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 35: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 36: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 37: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 38: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 39: Chart on Market condition - Five forces 2024 and 2029
Exhibits 40: Chart on Type - Market share 2024-2029 (%)
Exhibits 41: Data Table on Type - Market share 2024-2029 (%)
Exhibits 42: Chart on Comparison by Type
Exhibits 43: Data Table on Comparison by Type
Exhibits 44: Chart on Core HR - Market size and forecast 2024-2029 ($ million)
Exhibits 45: Data Table on Core HR - Market size and forecast 2024-2029 ($ million)
Exhibits 46: Chart on Core HR - Year-over-year growth 2024-2029 (%)
Exhibits 47: Data Table on Core HR - Year-over-year growth 2024-2029 (%)
Exhibits 48: Chart on Talent management - Market size and forecast 2024-2029 ($ million)
Exhibits 49: Data Table on Talent management - Market size and forecast 2024-2029 ($ million)
Exhibits 50: Chart on Talent management - Year-over-year growth 2024-2029 (%)
Exhibits 51: Data Table on Talent management - Year-over-year growth 2024-2029 (%)
Exhibits 52: Chart on Employee collaboration and engagement - Market size and forecast 2024-2029 ($ million)
Exhibits 53: Data Table on Employee collaboration and engagement - Market size and forecast 2024-2029 ($ million)
Exhibits 54: Chart on Employee collaboration and engagement - Year-over-year growth 2024-2029 (%)
Exhibits 55: Data Table on Employee collaboration and engagement - Year-over-year growth 2024-2029 (%)
Exhibits 56: Chart on Recruiting - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Data Table on Recruiting - Market size and forecast 2024-2029 ($ million)
Exhibits 58: Chart on Recruiting - Year-over-year growth 2024-2029 (%)
Exhibits 59: Data Table on Recruiting - Year-over-year growth 2024-2029 (%)
Exhibits 60: Chart on Workforce planning and analytics - Market size and forecast 2024-2029 ($ million)
Exhibits 61: Data Table on Workforce planning and analytics - Market size and forecast 2024-2029 ($ million)
Exhibits 62: Chart on Workforce planning and analytics - Year-over-year growth 2024-2029 (%)
Exhibits 63: Data Table on Workforce planning and analytics - Year-over-year growth 2024-2029 (%)
Exhibits 64: Market opportunity by Type ($ million)
Exhibits 65: Data Table on Market opportunity by Type ($ million)
Exhibits 66: Chart on End-user - Market share 2024-2029 (%)
Exhibits 67: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 68: Chart on Comparison by End-user
Exhibits 69: Data Table on Comparison by End-user
Exhibits 70: Chart on Large enterprises - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Data Table on Large enterprises - Market size and forecast 2024-2029 ($ million)
Exhibits 72: Chart on Large enterprises - Year-over-year growth 2024-2029 (%)
Exhibits 73: Data Table on Large enterprises - Year-over-year growth 2024-2029 (%)
Exhibits 74: Chart on SMEs - Market size and forecast 2024-2029 ($ million)
Exhibits 75: Data Table on SMEs - Market size and forecast 2024-2029 ($ million)
Exhibits 76: Chart on SMEs - Year-over-year growth 2024-2029 (%)
Exhibits 77: Data Table on SMEs - Year-over-year growth 2024-2029 (%)
Exhibits 78: Market opportunity by End-user ($ million)
Exhibits 79: Data Table on Market opportunity by End-user ($ million)
Exhibits 80: Chart on Sector - Market share 2024-2029 (%)
Exhibits 81: Data Table on Sector - Market share 2024-2029 (%)
Exhibits 82: Chart on Comparison by Sector
Exhibits 83: Data Table on Comparison by Sector
Exhibits 84: Chart on IT and tech - Market size and forecast 2024-2029 ($ million)
Exhibits 85: Data Table on IT and tech - Market size and forecast 2024-2029 ($ million)
Exhibits 86: Chart on IT and tech - Year-over-year growth 2024-2029 (%)
Exhibits 87: Data Table on IT and tech - Year-over-year growth 2024-2029 (%)
Exhibits 88: Chart on Healthcare - Market size and forecast 2024-2029 ($ million)
Exhibits 89: Data Table on Healthcare - Market size and forecast 2024-2029 ($ million)
Exhibits 90: Chart on Healthcare - Year-over-year growth 2024-2029 (%)
Exhibits 91: Data Table on Healthcare - Year-over-year growth 2024-2029 (%)
Exhibits 92: Chart on Manufacturing - Market size and forecast 2024-2029 ($ million)
Exhibits 93: Data Table on Manufacturing - Market size and forecast 2024-2029 ($ million)
Exhibits 94: Chart on Manufacturing - Year-over-year growth 2024-2029 (%)
Exhibits 95: Data Table on Manufacturing - Year-over-year growth 2024-2029 (%)
Exhibits 96: Chart on Retail - Market size and forecast 2024-2029 ($ million)
Exhibits 97: Data Table on Retail - Market size and forecast 2024-2029 ($ million)
Exhibits 98: Chart on Retail - Year-over-year growth 2024-2029 (%)
Exhibits 99: Data Table on Retail - Year-over-year growth 2024-2029 (%)
Exhibits 100: Chart on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 101: Data Table on Others - Market size and forecast 2024-2029 ($ million)
Exhibits 102: Chart on Others - Year-over-year growth 2024-2029 (%)
Exhibits 103: Data Table on Others - Year-over-year growth 2024-2029 (%)
Exhibits 104: Market opportunity by Sector ($ million)
Exhibits 105: Data Table on Market opportunity by Sector ($ million)
Exhibits 106: Chart on Deployment - Market share 2024-2029 (%)
Exhibits 107: Data Table on Deployment - Market share 2024-2029 (%)
Exhibits 108: Chart on Comparison by Deployment
Exhibits 109: Data Table on Comparison by Deployment
Exhibits 110: Chart on Cloud-based - Market size and forecast 2024-2029 ($ million)
Exhibits 111: Data Table on Cloud-based - Market size and forecast 2024-2029 ($ million)
Exhibits 112: Chart on Cloud-based - Year-over-year growth 2024-2029 (%)
Exhibits 113: Data Table on Cloud-based - Year-over-year growth 2024-2029 (%)
Exhibits 114: Chart on On-premises - Market size and forecast 2024-2029 ($ million)
Exhibits 115: Data Table on On-premises - Market size and forecast 2024-2029 ($ million)
Exhibits 116: Chart on On-premises - Year-over-year growth 2024-2029 (%)
Exhibits 117: Data Table on On-premises - Year-over-year growth 2024-2029 (%)
Exhibits 118: Market opportunity by Deployment ($ million)
Exhibits 119: Data Table on Market opportunity by Deployment ($ million)
Exhibits 120: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 121: Chart on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 122: Data Table on Market share By Geographical Landscape 2024-2029 (%)
Exhibits 123: Chart on Geographic comparison
Exhibits 124: Data Table on Geographic comparison
Exhibits 125: Chart on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 126: Data Table on North America - Market size and forecast 2024-2029 ($ million)
Exhibits 127: Chart on North America - Year-over-year growth 2024-2029 (%)
Exhibits 128: Data Table on North America - Year-over-year growth 2024-2029 (%)
Exhibits 129: Chart on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 130: Data Table on Europe - Market size and forecast 2024-2029 ($ million)
Exhibits 131: Chart on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 132: Data Table on Europe - Year-over-year growth 2024-2029 (%)
Exhibits 133: Chart on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 134: Data Table on APAC - Market size and forecast 2024-2029 ($ million)
Exhibits 135: Chart on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 136: Data Table on APAC - Year-over-year growth 2024-2029 (%)
Exhibits 137: Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 138: Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
Exhibits 139: Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 140: Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
Exhibits 141: Chart on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 142: Data Table on South America - Market size and forecast 2024-2029 ($ million)
Exhibits 143: Chart on South America - Year-over-year growth 2024-2029 (%)
Exhibits 144: Data Table on South America - Year-over-year growth 2024-2029 (%)
Exhibits 145: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 146: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 147: Chart on US - Year-over-year growth 2024-2029 (%)
Exhibits 148: Data Table on US - Year-over-year growth 2024-2029 (%)
Exhibits 149: Chart on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 150: Data Table on Germany - Market size and forecast 2024-2029 ($ million)
Exhibits 151: Chart on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 152: Data Table on Germany - Year-over-year growth 2024-2029 (%)
Exhibits 153: Chart on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 154: Data Table on Canada - Market size and forecast 2024-2029 ($ million)
Exhibits 155: Chart on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 156: Data Table on Canada - Year-over-year growth 2024-2029 (%)
Exhibits 157: Chart on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 158: Data Table on UK - Market size and forecast 2024-2029 ($ million)
Exhibits 159: Chart on UK - Year-over-year growth 2024-2029 (%)
Exhibits 160: Data Table on UK - Year-over-year growth 2024-2029 (%)
Exhibits 161: Chart on China - Market size and forecast 2024-2029 ($ million)
Exhibits 162: Data Table on China - Market size and forecast 2024-2029 ($ million)
Exhibits 163: Chart on China - Year-over-year growth 2024-2029 (%)
Exhibits 164: Data Table on China - Year-over-year growth 2024-2029 (%)
Exhibits 165: Chart on The Netherlands - Market size and forecast 2024-2029 ($ million)
Exhibits 166: Data Table on The Netherlands - Market size and forecast 2024-2029 ($ million)
Exhibits 167: Chart on The Netherlands - Year-over-year growth 2024-2029 (%)
Exhibits 168: Data Table on The Netherlands - Year-over-year growth 2024-2029 (%)
Exhibits 169: Chart on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 170: Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
Exhibits 171: Chart on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 172: Data Table on Brazil - Year-over-year growth 2024-2029 (%)
Exhibits 173: Chart on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 174: Data Table on Japan - Market size and forecast 2024-2029 ($ million)
Exhibits 175: Chart on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 176: Data Table on Japan - Year-over-year growth 2024-2029 (%)
Exhibits 177: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 178: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 179: Chart on India - Year-over-year growth 2024-2029 (%)
Exhibits 180: Data Table on India - Year-over-year growth 2024-2029 (%)
Exhibits 181: Chart on UAE - Market size and forecast 2024-2029 ($ million)
Exhibits 182: Data Table on UAE - Market size and forecast 2024-2029 ($ million)
Exhibits 183: Chart on UAE - Year-over-year growth 2024-2029 (%)
Exhibits 184: Data Table on UAE - Year-over-year growth 2024-2029 (%)
Exhibits 185: Market opportunity By Geographical Landscape ($ million)
Exhibits 186: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 187: Impact of drivers and challenges in 2024 and 2029
Exhibits 188: Overview on criticality of inputs and factors of differentiation
Exhibits 189: Overview on factors of disruption
Exhibits 190: Impact of key risks on business
Exhibits 191: Companies covered
Exhibits 192: Company ranking index
Exhibits 193: Matrix on companies position and classification
Exhibits 194: Automatic Data Processing Inc. - Overview
Exhibits 195: Automatic Data Processing Inc. - Business segments
Exhibits 196: Automatic Data Processing Inc. - Key news
Exhibits 197: Automatic Data Processing Inc. - Key offerings
Exhibits 198: Automatic Data Processing Inc. - Segment focus
Exhibits 199: SWOT
Exhibits 200: Automatic Payroll Systems Inc. - Overview
Exhibits 201: Automatic Payroll Systems Inc. - Product / Service
Exhibits 202: Automatic Payroll Systems Inc. - Key offerings
Exhibits 203: SWOT
Exhibits 204: Bamboo HR LLC - Overview
Exhibits 205: Bamboo HR LLC - Product / Service
Exhibits 206: Bamboo HR LLC - Key offerings
Exhibits 207: SWOT
Exhibits 208: Cornerstone OnDemand Inc. - Overview
Exhibits 209: Cornerstone OnDemand Inc. - Product / Service
Exhibits 210: Cornerstone OnDemand Inc. - Key news
Exhibits 211: Cornerstone OnDemand Inc. - Key offerings
Exhibits 212: SWOT
Exhibits 213: Dayforce Inc. - Overview
Exhibits 214: Dayforce Inc. - Product / Service
Exhibits 215: Dayforce Inc. - Key news
Exhibits 216: Dayforce Inc. - Key offerings
Exhibits 217: SWOT
Exhibits 218: International Business Machines Corp. - Overview
Exhibits 219: International Business Machines Corp. - Business segments
Exhibits 220: International Business Machines Corp. - Key news
Exhibits 221: International Business Machines Corp. - Key offerings
Exhibits 222: International Business Machines Corp. - Segment focus
Exhibits 223: SWOT
Exhibits 224: Oracle Corp. - Overview
Exhibits 225: Oracle Corp. - Business segments
Exhibits 226: Oracle Corp. - Key news
Exhibits 227: Oracle Corp. - Key offerings
Exhibits 228: Oracle Corp. - Segment focus
Exhibits 229: SWOT
Exhibits 230: Paycom Software Inc. - Overview
Exhibits 231: Paycom Software Inc. - Product / Service
Exhibits 232: Paycom Software Inc. - Key offerings
Exhibits 233: SWOT
Exhibits 234: Paycor HCM Inc. - Overview
Exhibits 235: Paycor HCM Inc. - Product / Service
Exhibits 236: Paycor HCM Inc. - Key news
Exhibits 237: Paycor HCM Inc. - Key offerings
Exhibits 238: SWOT
Exhibits 239: Paylocity Holding Corp. - Overview
Exhibits 240: Paylocity Holding Corp. - Product / Service
Exhibits 241: Paylocity Holding Corp. - Key offerings
Exhibits 242: SWOT
Exhibits 243: Rippling People Center Inc. - Overview
Exhibits 244: Rippling People Center Inc. - Product / Service
Exhibits 245: Rippling People Center Inc. - Key offerings
Exhibits 246: SWOT
Exhibits 247: SAP SE - Overview
Exhibits 248: SAP SE - Business segments
Exhibits 249: SAP SE - Key news
Exhibits 250: SAP SE - Key offerings
Exhibits 251: SAP SE - Segment focus
Exhibits 252: SWOT
Exhibits 253: TriNet Group Inc. - Overview
Exhibits 254: TriNet Group Inc. - Product / Service
Exhibits 255: TriNet Group Inc. - Key offerings
Exhibits 256: SWOT
Exhibits 257: UKG Inc. - Overview
Exhibits 258: UKG Inc. - Product / Service
Exhibits 259: UKG Inc. - Key offerings
Exhibits 260: SWOT
Exhibits 261: Workday Inc. - Overview
Exhibits 262: Workday Inc. - Product / Service
Exhibits 263: Workday Inc. - Key news
Exhibits 264: Workday Inc. - Key offerings
Exhibits 265: SWOT
Exhibits 266: Inclusions checklist
Exhibits 267: Exclusions checklist
Exhibits 268: Currency conversion rates for US$
Exhibits 269: Research methodology
Exhibits 270: Information sources
Exhibits 271: Data validation
Exhibits 272: Validation techniques employed for market sizing
Exhibits 273: Data synthesis
Exhibits 274: 360 degree market analysis
Exhibits 275: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global HR software market: Automatic Data Processing Inc., Automatic Payroll Systems Inc., Bamboo HR LLC, Cornerstone OnDemand Inc., Dayforce Inc., EmployWise, Greytip Software Pvt. Ltd., International Business Machines Corp., isolved HCM LLC, Namely Inc., Oracle Corp., PATRIOT SOFTWARE LLC, Paycom Software Inc., Paycor HCM Inc., Paylocity Holding Corp., Rippling People Center Inc., SAP SE, TriNet Group Inc., UKG Inc., and Workday Inc..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising adoption of digital HR technology."

According to the report, one of the major drivers for this market is the increased budgets for HR software.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Automatic Data Processing Inc.
  • Automatic Payroll Systems Inc.
  • Bamboo HR LLC
  • Cornerstone OnDemand Inc.
  • Dayforce Inc.
  • EmployWise
  • Greytip Software Pvt. Ltd.
  • International Business Machines Corp.
  • isolved HCM LLC
  • Namely Inc.
  • Oracle Corp.
  • PATRIOT SOFTWARE LLC
  • Paycom Software Inc.
  • Paycor HCM Inc.
  • Paylocity Holding Corp.
  • Rippling People Center Inc.
  • SAP SE
  • TriNet Group Inc.
  • UKG Inc.
  • Workday Inc.