Global HR Analytics Market Size is estimated to expand rapidly in coming years, at a CAGR of 14.07 % from 2018 to 2025. In 2017, the global market valuation was USD 2.15 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. HR analytics is the application of statistics, modeling, and analysis of employee-related factors to improve business outcomes. The growing need of HR analytics among various organizations and streamline the HR processes are expected to drive the market growth in the forecast period. Geographically, North America is expected to be the highest growing region in the global market of HR analytics.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global HR analytics market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global HR analytics market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Application Insights: On the basis of application, global HR analytics market has been segmented into workforce management, recruitment, and employee development. Among which workforce management is expected to be the highest growing segment in the global market of HR analytics.

By Deployment Insights: On the basis of deployment, global HR analytics market has been segmented into on-premises and cloud. Among which cloud segment is expected to be the highest growing segment in the global market of HR analytics. These days’ organizations are deploying their solutions on the cloud basis, as cloud deployment offers various advantages such as data security, resistance to data breach, scalability, flexibility and cost efficiency. With the help of cloud-based HR analytics, SMEs can avoid the costs related to software, storage, staff, and finance. Cloud-based HR analytics is supposed to be good solution for the companies with low budget and will see tremendous growth in the forecast period.

By Vertical Insights: On the basis of vertical, global HR analytics market has been segmented into BFSI, manufacturing, and IT and telecom. Among which banking, financial services and insurance segment is expected to be the highest growing segment in the global market of HR analytics. The HR analytics helps BFSI organizations for cost-cutting and comprising with permanent employees and freelancers. Use of HR analytics and AI based solutions help banks to enhance highly efficient workforce to sustain in the market and differentiate from the competitors.

Regional Analysis

The HR analytics market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region North America is expected to witness high growth in upcoming time span due efficiency and implementing the best practices for HR operations. North America is considered major key player of technological inventions and early adopter of various technologies, which makes the region strong competitor in market. Asia Pacific region is expected to witness high growth in the market in forecast period. Workforce efficient organizations and technical advancements are key points for boosting market in Asia Pacific region. As well as presence of key players in the region will impact the growth of HR analytics in the global market. Europe is anticipated to dominate the global HR analytics market over the projected period majorly owing to high demand from SMEs, better technological connectivity and highly cost-effective business strategies.

Global HR Analytics Market Size, Share Analysis by Region 2017

Global HR Analytics Market Study Objective

1. To forecast the market size of HR analytics market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of HR analytics market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of HR analytics market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of HR analytics market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the HR analytics market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

Oracle, SAP, Infor, Workday, Sage Software, Kronos, MicroStrategy, IBM, Tableau, Zoho , Crunchr , Visier ,TALENTSOFT, GainInsights, and Sisense are some of the key players in the market of HR analytics.

Global HR Analytics Market Study Report Offer You!

The global HR analytics market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.