The Global HR Analytics Market size is expected to reach $3.9 billion by 2025, rising at a market growth of 13.6% CAGR during the forecast period.
Running machine learning algorithms on a jobseeker's data helps companies to catch the best matching talent for a vacant position, thereby improving the quality of recruitment. Similarly, using employee data, recruiters can recognize a pattern of high performing employees and accordingly modify their employee hiring and retention strategy.
HR analytics helps identify the departments suffering from the maximum attrition and the reasons causing it. It can also help HR in identifying the activities which have the maximum impact on employee engagement and thus allow organizations to invest in such activities.
Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Sized Enterprises. An increasing need to analyze employee data for achieving organizational goals is expected to drive HR analytics adoption among large enterprises. Furthermore, there is a growing focus on improving operational efficiency and profit, which is expected to boost the growth of the market in small and medium-sized enterprises segment.
The SMEs segment is expected to grow at a higher CAGR in the HR analytics market during the forecast period. More than larger enterprises, the SMEs face a greater resource crunch and require better methods to solve the complexities for cost optimization on their assets and requirements.
Key Topics Covered
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
1.4.1 Global HR Analytics Market, by Component
1.4.2 Global HR Analytics Market, by Application
1.4.3 Global HR Analytics Market, by Organization Size
1.4.4 Global HR Analytics Market, by Deployment Mode
1.4.5 Global HR Analytics Market, by End-user
1.4.6 Global HR Analytics Market, by Geography
1.5 Methodology for the Research
Chapter 2. Market Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraint
Chapter 3. Market Analysis
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches
3.2.3 Mergers & Acquisitions and Expansion
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2018)
3.3.2 Key Strategic Move: Leading Players
Chapter 4. Global HR Analytics Market by Component
4.1.1 Global HR Analytics Solution Market by Region
4.1.2 Global HR Analytics Services Market by Region
4.1.3 Global HR Analytics Market by Services Type
188.8.131.52 Global HR Analytics Integration & Deployment Market by Region
184.108.40.206 Global HR Analytics Advisory & Consulting Market by Region
220.127.116.11 Global HR Analytics Support & Maintenance Market by Region
Chapter 5. Global HR Analytics Market by Application
5.1.1 Global HR Analytics Workforce Management Market by Region
5.1.2 Global HR Analytics Retention Market by Region
5.1.3 Global HR Analytics Recruitment Market by Region
5.1.4 Global HR Analytics Payroll Market by Region
5.1.5 Global HR Analytics Employee Engagement Market by Region
5.1.6 Global Other Application HR Analytics Market by Region
Chapter 6. Global HR Analytics Market by Organization Size
6.1.1 Global Large Enterprises HR Analytics Market by Region
6.1.2 Global Small & Medium-Sized Enterprises HR Analytics Market by Region
Chapter 7. Global HR Analytics Market by Deployment Mode
7.1.1 Global On Premise HR Analytics Market by Region
7.1.2 Global Cloud HR Analytics Market by Region
Chapter 8. Global HR Analytics Market by End User
8.1.1 Global BFSI HR Analytics Market by Region
8.1.2 Global Healthcare & Life Sciences HR Analytics Market by Region
8.1.3 Global Manufacturing HR Analytics Market by Region
8.1.4 Global Education & Legal HR Analytics Market by Region
8.1.5 Global Telecom & IT HR Analytics Market by Region
8.1.6 Global Consumer Goods & Retail HR Analytics Market by Region
8.1.7 Global Others HR Analytics Market by Region
Chapter 9. Global HR Analytics Market by Region
9.1 North America HR Analytics Market
9.2 Europe HR Analytics Market
9.3 Asia-Pacific HR Analytics Market
9.4 LAMEA HR Analytics Market
Chapter 10. Company Profiles
10.1 Oracle Corporation
10.2 SAP SE
10.3 Infor Inc.
10.4 The Sage Group PLC (Sage Software Solutions Pvt. Ltd.)
10.5 IBM Corporation
10.6 MicroStrategy Incorporated
10.7 Zoho Corporation Pvt. Ltd.
10.8 Sisense Inc.
10.9 Visier Inc.
10.10 Workday Inc.
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