Global HR Analytics Market Is Expected To Reach Million USD 4.01346 By The End Of 2026, With A CAGR Of 14.5% During 2010-2027: Proficient Market
Proficient Market announces the release of the report “Global HR Analytics Market by Product Type (Software and Services) and by End-Users/Application (Healthcare, IT & Telecommunication, BFSI, Manufacturing, Retail, Aerospace & Defense and Others) Global Market Share, Forecast Data, In-Depth Analysis, and Detailed Overview, and Forecast, 2015 – 2027″ to its research database. This HR Analytics Market report analyzes the comprehensive overview of the market comprising an executive summary that covers core trends evolving in the market.
According to the report, Global HR Analytics Market in 2019 stood at USD 1.11 billion and is expected to reach USD 4.01346 billion by 2027 growing at a CAGR of 15.2% from 2020 to 2027.
HR Analytics Market Key Players: The research study includes profiles of leading companies operating in the global hr analytics market. Key players profiled in the report include:
Cognizant Technology Solutions Corp.
Ascentis Software Corporation
Cornerstone OnDemand Inc.
GainInsights Solutions Pvt. Ltd.
PeopleStreme Pty. Ltd.
Tableau Software Inc.
WorkForce Software LLC
SumTotal Systems Inc.
Halogen Software Inc
Available Sample Report in PDF Version along with Graphs and Figures@ https://proficientmarket.com/sample/1201
Drivers for the Global HR Analytics Market: Rising demand towards implementation of HR analytics software amid enterprises to enhance the overall efficiency by performing functions like: hiring & maintain payroll, advanced functions (workforce planning, analytics, increase in the number of companies & organizations), measuring & reducing the employee turnover rate and hr analytics are carried out by cloud-based solutions that are cost effective and enable easy and convenient storage and download of data over cloud. Hence these factors are owing increase the disposable income and growth of the industry globally.
Opportunities for the Global HR Analytics Market: Moreover, increasing workforce globally is going to enhance the adoption of HR analytics solutions by various enterprises and increased demand for HR analytics as large volume of HR data is generated every single year due to job portals like: Glassdoor, LinkedIn, Indeed and monster which create an plentiful opportunity for Hr analytics software usage. Hence these factors aid in providing future opportunities for the industry.
Restrains for the Global HR Analytics Market: However, Protecting the privacy of an employee and ensuring the information can sometimes be misused by any third person/party and HR analytics deals only with the data managed by the HR department and not by all the other departments in an organization. Hence these factors can hinder the growth of the market.
Region Wise, Global HR Analytics Market Analysis: Asia-Pacific held major share in the market due to increasing number of organizations & companies adopting to Hr analytics technology, investment in new technology, general economic conditions and increase in the number of employees and economy. Besides North America and Europe held a large share in the market.
Access Full Report, here: https://proficientmarket.com/report/1201/global-hr-analytics-market
Global HR Analytics Market: Product analysis
On the basis of type, software segment accounted for largest share of total revenue generated. Because, organizations are preferring to have solutions to be deployed on the cloud software and directly through software’s where all the information can be registered and provided.
Global HR Analytics Market: Application analysis
IT & Telecommunication
Aerospace & Defense
The demand of global Hr analytics Market is highest from Retail, due to increasing application of workforce information systems to systematize the main human resource associated processes and retail industries possess multiple issues with regard to inventory management, in-store product distribution, customer handling, and deployment of sufficient number of resources to the store locations and can be managed by Hr analytics.
Global HR Analytics Market: Region analysis
North America: U.S., Canada, Mexico
Europe: U.K., France, Germany, Spain, Italy, Rest of Europe
Asia Pacific: China, Japan, South Korea, ASEAN, India
Rest of Asia Pacific: Latin America, Brazil, Argentina, Colombia, Rest of L.A.
Middle East and Africa: Turkey, GCC, UAE, South Africa, Rest of Middle East
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Read the full press release and latest news of this report, here: https://proficientmarket.com/press-release/1206/global-hr-analytics-market
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