How big is the HR Analytics Market?

The HR Analytics Market size is expected to reach USD 4.31 billion in 2024 and grow at a CAGR of 12.89% to reach USD 7.91 billion by 2029. Read More

What is the current HR Analytics Market size?

In 2024, the HR Analytics Market size is expected to reach USD 4.31 billion. Read More

Who are the key players in HR Analytics Market?

SAP SE, IBM Corporation, Oracle Corporation, Tableau Software Inc. and Workday Inc. are the major companies operating in the HR Analytics Market. Read More

Which is the fastest growing region in HR Analytics Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in HR Analytics Market?

In 2024, the North America accounts for the largest market share in HR Analytics Market. Read More

What years does this HR Analytics Market cover, and what was the market size in 2023?

In 2023, the HR Analytics Market size was estimated at USD 3.82 billion. The report covers the HR Analytics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the HR Analytics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

HR Analytics Software Market

HR Analytics Software Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global HR Analytics Market Size & Companies. The market is segmented by Component (Solutions and Services), Deployment Mode (On-Premise and Cloud), End-user Industry (BFSI, Telecom & IT, Consumer Goods & Retail, Healthcare, and Manufacturing), and Geography (North America (United States, and Canada), Europe (Germany, United Kingdom, France, and Rest of Europe), Asia-Pacific (India, China, Japan, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), and Middle East and Africa (United Arab Emirates, Saudi Arabia, and Rest of Middle East and Africa)). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

HR Analytics Industry Overview

HR Analytics Market is moderately fragmented with the presence of major vendors, including SAP SE, Oracle Corporation, and IBM Corporation. The vendors are enhancing the product line by leveraging strategic collaborative initiatives and acquisitions as a competitive advantage to expand their customer base and gain market share. Thus, market concentration is medium

In August 2022, Workday Inc., a leader in enterprise cloud applications for finance and human resources, announced that Workday Scheduling and Labor Optimization has been named a winner of Human Resource Executive's 2022 Top HR Products of the Year competition.

In July 2022, SAP SE announced that it had acquired Askdata, a startup focused on search-driven analytics. With the acquisition of Askdata, SAP strengthens its ability to help organizations make better-informed decisions by leveraging AI-driven natural language searches. Users are empowered to search, interact and collaborate on live data to maximize business insights.