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North America Artificial Intelligence In HR Market Size, Share & Trends Analysis Report By Component (Solution and Services), By Deployment Mode (Cloud, and On-premise), By Enterprise Size, By Application, By End Use, By Country and Growth Forecast, 2024

Best Price Guarantee Length Publisher Published Date SKU
from $1,500 189 Pages Knowledge Based Value (KBV) Research September, 2024 KBV19169959
Best Price Guarantee
Price from $1,500
Length 189 Pages
Publisher Knowledge Based Value (KBV) Research
Published Date September, 2024
SKU KBV19169959

North America Artificial Intelligence In HR Market Size, Share & Trends Analysis Report By Component (Solution and Services), By Deployment Mode (Cloud, and On-premise), By Enterprise Size, By Application, By End Use, By Country and Growth Forecast, 2024 - 2031


The North America Artificial Intelligence In HR Market would witness market growth of 23.6% CAGR during the forecast period (2024-2031).

The US market dominated the North America Artificial Intelligence In HR Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,328.2 million by 2031. The Canada market is experiencing a CAGR of 25.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 25.2% during (2024 - 2031).

Artificial intelligence (AI) is revolutionizing a diverse array of industries, and the human resources (HR) sector is no exception. The AI industry is experiencing growth, as reported by the International Trade Administration.

Additionally, studies indicate that more than 90% of business executives who were surveyed concur that AI is essential for success in the years ahead. The same studies also found that over 60 percent of business owners believe AI will increase productivity, and 40 percent believe it would streamline job processes.

The adoption of artificial intelligence in HR across North America is experiencing a significant rise, driven by various sectoral demands and governmental support. The region’s well-established technological infrastructure and robust government support drive the demand for AI in HR solutions. Government programs like the U.S. National AI Initiative, Canada’s AI Strategy, and Mexico’s National Digital Strategy are pivotal in fostering AI growth across industries, including HR. According to a report by the U.S. Government, tech talent programs hiring as part of the AI Talent Surge saw an average 288% increase in AI applications in the first half of 2024 compared to previous periods.

Based on Component, the market is segmented into Solution (Software Platforms, Virtual Assistants, Chatbots, Analytics Solutions, and Other Solutions Type), and Services (Implementation Services, Consulting Services, and Training & Support Services). Based on Deployment Mode, the market is segmented into Cloud, and On-premise. Based on Enterprise Size, the market is segmented into Large Enterprises, and SMEs. Based on Application, the market is segmented into Recruitment & Hiring, Employee Onboarding & Engagement, Performance Management, Employee Record Management, Payroll Processing, and Other Applications. Based on End Use, the market is segmented into IT & Telecommunication, Government, BFSI, Healthcare, Education, Manufacturing, Retail & eCommerce, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled
  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • ADP, Inc.
  • Cegid Group
  • Cornerstone OnDemand, Inc. (Clearlake Capital Group, L.P.)
  • Eightfold AI Inc.
  • Simpplr Inc.
  • Beamery, Inc.
  • HireVue, Inc.
North America Artificial Intelligence In HR Market Report Segmentation

By Component
  • Solution
  • Software Platforms
  • Virtual Assistants
  • Chatbots
  • Analytics Solutions
  • Other Solutions Type
  • Services
  • Implementation Services
  • Consulting Services
  • Training & Support Services
By Deployment Mode
  • Cloud
  • On-premise
By Enterprise Size
  • Large Enterprises
  • SMEs
By Application
  • Recruitment & Hiring
  • Employee Onboarding & Engagement
  • Performance Management
  • Employee Record Management
  • Payroll Processing
  • Other Applications
By End Use
  • IT & Telecommunication
  • Government
  • BFSI
  • Healthcare
  • Education
  • Manufacturing
  • Retail & eCommerce
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Artificial Intelligence In HR Market, by Component
1.4.2 North America Artificial Intelligence In HR Market, by Deployment Mode
1.4.3 North America Artificial Intelligence In HR Market, by Enterprise Size
1.4.4 North America Artificial Intelligence In HR Market, by Application
1.4.5 North America Artificial Intelligence In HR Market, by End Use
1.4.6 North America Artificial Intelligence In HR Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2021, Jan – 2024, Jan) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Artificial Intelligence In HR Market by Component
5.1 North America Solution Market by Region
5.2 North America Artificial Intelligence In HR Market by Solutions Type
5.2.1 North America Software Platforms Market by Country
5.2.2 North America Virtual Assistants Market by Country
5.2.3 North America Chatbots Market by Country
5.2.4 North America Analytics Solutions Market by Country
5.2.5 North America Other Solutions Type Market by Country
5.3 North America Services Market by Region
5.4 North America Artificial Intelligence In HR Market by Services Type
5.4.1 North America Implementation Services Market by Country
5.4.2 North America Consulting Services Market by Country
5.4.3 North America Training & Support Services Market by Country
Chapter 6. North America Artificial Intelligence In HR Market by Deployment Mode
6.1 North America Cloud Market by Region
6.2 North America On-premise Market by Region
Chapter 7. North America Artificial Intelligence In HR Market by Enterprise Size
7.1 North America Large Enterprises Market by Country
7.2 North America SMEs Market by Country
Chapter 8. North America Artificial Intelligence In HR Market by Application
8.1 North America Recruitment & Hiring Market by Country
8.2 North America Employee Onboarding & Engagement Market by Country
8.3 North America Performance Management Market by Country
8.4 North America Employee Record Management Market by Country
8.5 North America Payroll Processing Market by Country
8.6 North America Other Applications Market by Country
Chapter 9. North America Artificial Intelligence In HR Market by End Use
9.1 North America IT & Telecommunication Market by Country
9.2 North America Government Market by Country
9.3 North America BFSI Market by Country
9.4 North America Healthcare Market by Country
9.5 North America Education Market by Country
9.6 North America Manufacturing Market by Country
9.7 North America Retail & eCommerce Market by Country
9.8 North America Others Market by Country
Chapter 10. North America Artificial Intelligence In HR Market by Country
10.1 US Artificial Intelligence In HR Market
10.1.1 US Artificial Intelligence In HR Market by Component
10.1.1.1 US Artificial Intelligence In HR Market by Solutions Type
10.1.1.2 US Artificial Intelligence In HR Market by Services Type
10.1.2 US Artificial Intelligence In HR Market by Deployment Mode
10.1.3 US Artificial Intelligence In HR Market by Enterprise Size
10.1.4 US Artificial Intelligence In HR Market by Application
10.1.5 US Artificial Intelligence In HR Market by End Use
10.2 Canada Artificial Intelligence In HR Market
10.2.1 Canada Artificial Intelligence In HR Market by Component
10.2.1.1 Canada Artificial Intelligence In HR Market by Solutions Type
10.2.1.2 Canada Artificial Intelligence In HR Market by Services Type
10.2.2 Canada Artificial Intelligence In HR Market by Deployment Mode
10.2.3 Canada Artificial Intelligence In HR Market by Enterprise Size
10.2.4 Canada Artificial Intelligence In HR Market by Application
10.2.5 Canada Artificial Intelligence In HR Market by End Use
10.3 Mexico Artificial Intelligence In HR Market
10.3.1 Mexico Artificial Intelligence In HR Market by Component
10.3.1.1 Mexico Artificial Intelligence In HR Market by Solutions Type
10.3.1.2 Mexico Artificial Intelligence In HR Market by Services Type
10.3.2 Mexico Artificial Intelligence In HR Market by Deployment Mode
10.3.3 Mexico Artificial Intelligence In HR Market by Enterprise Size
10.3.4 Mexico Artificial Intelligence In HR Market by Application
10.3.5 Mexico Artificial Intelligence In HR Market by End Use
10.4 Rest of North America Artificial Intelligence In HR Market
10.4.1 Rest of North America Artificial Intelligence In HR Market by Component
10.4.1.1 Rest of North America Artificial Intelligence In HR Market by Solutions Type
10.4.1.2 Rest of North America Artificial Intelligence In HR Market by Services Type
10.4.2 Rest of North America Artificial Intelligence In HR Market by Deployment Mode
10.4.3 Rest of North America Artificial Intelligence In HR Market by Enterprise Size
10.4.4 Rest of North America Artificial Intelligence In HR Market by Application
10.4.5 Rest of North America Artificial Intelligence In HR Market by End Use
Chapter 11. Company Profiles
11.1 IBM Corporation
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Regional & Segmental Analysis
11.1.4 Research & Development Expenses
11.1.5 Recent strategies and developments:
11.1.5.1 Partnerships, Collaborations, and Agreements:
11.1.5.2 Product Launches and Product Expansions:
11.1.5.3 Acquisition and Mergers:
11.1.6 SWOT Analysis
11.2 Oracle Corporation
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Segmental and Regional Analysis
11.2.4 Research & Development Expense
11.2.5 Recent strategies and developments:
11.2.5.1 Product Launches and Product Expansions:
11.2.6 SWOT Analysis
11.3 SAP SE
11.3.1 Company Overview
11.3.2 Financial Analysis
11.3.3 Regional Analysis
11.3.4 Research & Development Expense
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.5.2 Product Launches and Product Expansions:
11.3.5.3 Acquisition and Mergers:
11.3.6 SWOT Analysis
11.4 ADP, Inc.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental and Regional Analysis
11.4.4 Research & Development Expense
11.4.5 Recent strategies and developments:
11.4.5.1 Product Launches and Product Expansions:
11.5 Cegid Group
11.5.1 Company Overview
11.5.2 Recent strategies and developments:
11.5.2.1 Acquisition and Mergers:
11.5.3 SWOT Analysis
11.6 Cornerstone OnDemand, Inc. (Clearlake Capital Group, L.P.)
11.6.1 Company Overview
11.6.2 Recent strategies and developments:
11.6.2.1 Product Launches and Product Expansions:
11.6.2.2 Acquisition and Mergers:
11.6.3 SWOT Analysis
11.7 Eightfold AI Inc.
11.7.1 Company Overview
11.7.2 Recent strategies and developments:
11.7.2.1 Partnerships, Collaborations, and Agreements:
11.7.3 SWOT Analysis
11.8 Simpplr Inc.
11.8.1 Company Overview
11.8.2 Recent strategies and developments:
11.8.2.1 Acquisition and Mergers:
11.9 Beamery, Inc.
11.9.1 Company Overview
11.9.2 Recent strategies and developments:
11.9.2.1 Product Launches and Product Expansions:
11.9.3 SWOT Analysis
11.10. HireVue, Inc.
11.10.1 Company Overview
11.10.2 Recent strategies and developments:
11.10.2.1 Product Launches and Product Expansions:
11.10.3 SWOT Analysis

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