Global Human Resource Management Market Growth (Status and Outlook) 2023-2029

Global Human Resource Management Market Growth (Status and Outlook) 2023-2029

Human resource management (HRM or HR) is the strategic approach to the effective management of organization workers so that they help the business gain a competitive advantage, Commonly referred to as the HR Department, it is designed to maximize employee performance in service of an employer's strategic objectives.

LPI (LP Information)' newest research report, the “Human Resource Management Industry Forecast” looks at past sales and reviews total world Human Resource Management sales in 2022, providing a comprehensive analysis by region and market sector of projected Human Resource Management sales for 2023 through 2029. With Human Resource Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Human Resource Management industry.

This Insight Report provides a comprehensive analysis of the global Human Resource Management 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 Human Resource Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Human Resource Management market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Human Resource Management 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 Human Resource Management.

The global Human Resource Management market size is projected to grow from US$ 12890 million in 2022 to US$ 19990 million in 2029; it is expected to grow at a CAGR of 6.5% from 2023 to 2029.

United States market for Human Resource Management is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Human Resource Management is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Human Resource Management is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Human Resource Management players cover ADP, Workday, Oracle, Kronos, Ultimate Software and SAP, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Human Resource Management market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Integration & Deployment
Support & Maintenance
Training & Consulting

Segmentation by application
Academia
BFSI
Government
Healthcare
IT & Telecom
Manufacturing
Retail
Others

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.
ADP
Workday
Oracle
Kronos
Ultimate Software
SAP

Please note: The report will take approximately 2 business days to prepare and deliver.