Global HR Consulting Service Market Growth (Status and Outlook) 2024-2030
Human resources (HR) consulting firms provide businesses with expertise and advice to improve HR services and departments. Some firms offer a comprehensive consulting service that examines the entire HR department, while others specialize in specific areas such as talent management. With an in-depth understanding of the HR field, consultants are often able to offer insight and solutions that may not be apparent to those within the organization. Businesses will typically work with HR consultants to improve HR performance or reduce expenses. Generally, HR consultants work directly with the chief human resources officer or someone in a related role. HR Consultants can help businesses develop skills and strategies in areas such as benefit administration or health and safety.
The global HR Consulting Service market size is projected to grow from US$ 1943.8 million in 2023 to US$ 4622.6 million in 2030; it is expected to grow at a CAGR of 13.2% from 2024 to 2030.
LPI (LP Information)' newest research report, the “HR Consulting Service Industry Forecast” looks at past sales and reviews total world HR Consulting Service sales in 2023, providing a comprehensive analysis by region and market sector of projected HR Consulting Service sales for 2024 through 2030. With HR Consulting Service sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HR Consulting Service industry.
This Insight Report provides a comprehensive analysis of the global HR Consulting Service landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HR Consulting Service portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global HR Consulting Service market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HR Consulting Service and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HR Consulting Service.
The future market trends of HR Consulting Service are:
Increasing demand for digital and cloud-based solutions that can enhance the efficiency, agility, and scalability of HR processes and systems.
Growing adoption of artificial intelligence, machine learning, and data analytics to provide insights and recommendations for HR decision making and strategy formulation.
Rising focus on employee well-being, engagement, and experience as key drivers of organizational performance and culture.
Expanding need for global mobility management and cross-cultural competence to support the diverse and distributed workforce in the post-pandemic era.
Evolving regulations and compliance requirements that require HR consultants to stay updated and provide guidance on best practices and risk mitigation.
This report presents a comprehensive overview, market shares, and growth opportunities of HR Consulting Service market by product type, application, key players and key regions and countries.
Segmentation by type
Online Service
Offline Service
Segmentation by application
Large Enterprises
SMEs
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Zenefits
Lumity
Opine Consulting
Sequoia
Aflac Incorporated
Conduent
Haufe Group
Aadmi Consulting
AlphaStaff
Ann Houser Coaching and Consulting LLC
Aon Hewitt
JS Benefits Group
Bridge Human Resources
Change State
Deloitte
Development Dimensions International, Inc.
Insperity
J.J. Keller & Associates, Inc.
Oasis
Hunter & Thompson
SmartHR
Tandem
Xenium HR
21Oak HR Consulting
Akin & Associates
AlignHR
Allen Communication
Allevity HR & Payroll
All Star HR
Allsup
Please note: The report will take approximately 2 business days to prepare and deliver.