市場調查報告書
商品編碼
1355046
全球人力資源技術市場評估:依部署、類型、組織規模、最終用戶、地區、機會、預測(2016-2030)HR Technology Market Assessment, By Deployment, By Type, By Organization Size, By End-user, By Region, Opportunities and Forecast, 2016-2030F |
全球人力資源科技市場近年來呈現顯著成長,預計未來將維持強勁的擴張速度。 2022年營收約308億美元,預計2030年將達618億美元,2023年至2030年複合年增長率為9.1%。
數位轉型促進了手動且耗時的人力資源流程的自動化。 人力資源自動化從招募流程開始。 ATS 軟體可自動發布招募資訊、篩選候選人、安排面試以及與申請人溝通。 幫助人力資源團隊更有效地管理大量應用程式。 HRIS(人力資源資訊系統)和 HCM(人力資本管理)軟體等人力資源技術解決方案可自動執行薪資、福利管理和時間追蹤等任務。 它減輕了管理負擔,最大限度地減少錯誤,並使人力資源專業人員能夠專注於策略活動。
例如,2023 年 6 月,Oracle 宣布將把人工智慧驅動的發電能力整合到其 Oracle Fusion Cloud 人力資本管理 (HCM) 平台中。 Oracle 雲端基礎架構 (OCI) 的生成式人工智慧服務支援了這些新引入的功能,並無縫整合到當今的人力資源營運中。 這種整合旨在加速業務利潤、提高效率、提高與候選人和員工的互動質量,並簡化人力資源程序。
數位化人力資源解決方案提供對各種人力資源指標和員工績效的豐富數據的存取。 分析和報告工具使組織能夠圍繞人才招募、績效管理、勞動力規劃、合規性和風險管理做出數據驅動的決策。 分析可協助您優化人力資源策略並使其與業務目標保持一致。 除此之外,人力資源分析還可以深入了解組織內的多元化和包容性工作。 組織透過考慮人口統計、員工敬業度調查和其他相關資訊來評估其在創建多元化和包容性工作場所方面的進展。 指導多元化工作的訊息有助於培育更具包容性的公司文化。
例如,2022 年 3 月,Visier 宣布推出 People Cloud 和 People Cloud 客製化服務。 Visier People Cloud 建立在該公司的人員分析平台之上。 正如該公司所說,People Cloud 旨在解決最後一哩路的問題,這些問題通常會阻礙人力資源團隊和組織充分發揮其人才分析策略的潛力。
北美擁有擁抱科技與創新的文化。 公司和員工往往都是最早採用新人力資源技術的人,從而為市場成長做出貢獻。 北美,尤其是美國,擁有世界上最多元化的勞動力之一。 這種多元化需要先進的人力資源解決方案來管理從人才招募到績效管理的各種人力資源流程。 此外,基於雲端的人力資源技術在該地區已被廣泛採用。 雲端解決方案提供可擴展性、成本效益和可訪問性,對各種規模的組織都極具吸引力。
例如,2023 年 9 月,HiBob 和 Papaya Global 宣佈建立策略合作夥伴關係,以滿足尤其是跨國公司對與人力資源整合的全面且合規的薪資解決方案的需求。 這使得公司能夠無縫整合人力資源、帶薪休假 (PTO) 和薪酬數據。 即時數據同步使跨國公司能夠簡化和增強其人力資源和薪資營運。
本報告研究和分析了全球人力資源技術市場,提供市場規模和預測、市場動態以及主要參與者的現狀和前景。
The global HR Technology Market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years. With projected revenue of approximately USD 30.8 billion in 2022, the market is forecasted to reach a value of USD 61.8 billion by 2030, displaying a robust CAGR of 9.1% from 2023 to 2030.
The HR technology market is a rapidly growing industry that provides software and services to help HR departments streamline their operations and improve their employee experience. The market is experiencing substantial growth due to increased recognition of the strategic importance of HR in organizations. Companies are investing in HR tech solutions to improve HR processes, increase efficiency, and attract and retain top talent. Core HR systems, including human resource information systems (HRIS) and human capital management (HCM) software, are forming the foundation of HR technology. These systems help manage employee data, payroll, benefits administration, and compliance. However, data security remains an ongoing concern for both systems and software. Companies consistently enhance their cybersecurity protocols to manage confidential information within their client organizations. In December 2021, a data breach impacted UKG, affecting employees' payroll and related data from 2,000 organizations utilizing their software. Instances like these, underscores the importance of companies maintaining stringent data security measures.
Digital transformation encourages the automation of manual and time-consuming HR processes. HR automation begins with the recruitment process. ATS software automates job postings, candidate screening, interview scheduling, and applicant communication. It helps HR teams manage a high volume of applications more effectively. HR technology solutions, such as HRIS (Human Resource Information Systems) and HCM (Human Capital Management) software, enable organizations to automate payroll processing, benefits administration, and time-tracking tasks. It reduces administrative burdens, minimizes errors, and allows HR professionals to focus on strategic activities.
For example, in June 2023, Oracle unveiled the integration of generative AI-driven features into its Oracle Fusion Cloud Human Capital Management (HCM) platform. The Oracle Cloud Infrastructure (OCI) generative AI service underpinned these newly introduced capabilities and have been seamlessly incorporated into current HR operations. This integration aims to accelerate business benefits, boost efficiency, elevate the quality of interactions with candidates and employees, and simplify HR procedures.
Digital HR solutions provide access to a wealth of data on various HR metrics and employee performance. By leveraging analytics and reporting tools, organizations can make data-driven decisions related to talent acquisition, performance management, workforce planning, compliance, and risk management. It helps in optimizing HR strategies and aligning them with business objectives. Apart from this, HR analytics provides insights into diversity and inclusion efforts within an organization. Organizations assess their progress in creating a diverse and inclusive workplace by examining demographic data, employee engagement surveys, and other relevant information. The information guide diversity initiatives help foster a more inclusive corporate culture.
For example, in March 2022, Visier introduced its People Cloud and People Cloud Custom Services. The Visier People Cloud is constructed upon the company's people analytics platform. As stated by the company, the people cloud aims to solve last mile problems that often obstruct the full potential of HR team or people analytics strategies of organizations.
North America has a culture which embraces technology and innovation. Both, businesses and employees are often early adopters of new HR technologies, contributing to the growth of the market. North America, especially the United States, has one of the world's largest and most diverse workforces. This diversity necessitates sophisticated HR solutions to manage different HR processes, from talent acquisition to performance management. Moreover, the region has witnessed widespread adoption of cloud-based HR technology. Cloud solutions offer scalability, cost-effectiveness, and accessibility, making them highly attractive to organizations of all sizes.
For example, in September 2023, HiBob and Papaya Global announced a strategic partnership to meet the demand for comprehensive and compliant payroll solutions integrated with HR, particularly for multinational enterprises. Now organizations integrate HR, paid time off (PTO), and compensation data seamlessly. The real-time data synchronization empowers multinational corporations to streamline and enhance their HR and payroll operations.
Government initiatives play a significant role in shaping the HR technology market. Governments around the world are implementing data privacy regulations such as GDPR (General Data Protection Regulation) in the European Union and CCPA (California Consumer Privacy Act) in the United States. These regulations impose strict rules on how organizations handle personal data, including HR. HR technology providers need to comply with these regulations, which can lead to the development of privacy-focused HR tech solutions. Government agencies are increasingly concerned about data breaches and cyber threats. HR technology solutions must adhere to government guidelines for cybersecurity and data protection, which may lead to advancements in security features.
The COVID-19 pandemic had a significant impact on the HR technology market. It accelerated pre-existing trends and created new challenges and opportunities for HR technology providers and organizations alike. The sudden shift to remote work, forced organizations to invest in HR technology solutions, such as virtual onboarding tools, collaboration platforms, and employee engagement apps. With remote work becoming the norm, HR technology providers focused on solutions for employee engagement, communication, and feedback. Digital channels, chatbots, and virtual town halls became popular for maintaining employee connections. Video conferencing and communication tools saw a surge in demand. COVID-19 accelerated digital transformation initiatives, including the adoption of cloud-based HR technology. Organizations recognized the need for digital HR solutions to manage remote teams, streamline processes, and maintain HR operations.
The future of the HR technology market is likely to be characterized by a growing emphasis on AI, cloud-based solutions, employee experience, and data and analytics. Organizations that are looking to improve their HR operations should consider investing in HR technology solutions that align with these trends. AI and ML are being used to develop HR technology solutions that can automate tasks, provide insights, and make predictions. For example, AI-powered chatbots are used to provide employees with self-service support, and ML is used to identify and predict employee turnover. Overall, HR technology is becoming increasingly sophisticated and affordable, playing a vital role in helping organizations manage their workforce effectively.
The HR technology market is witnessing a swift growth trajectory due to the increasing emphasis placed by companies worldwide on establishing advanced automation software infrastructure. Furthermore, the market expansion is greatly facilitated by the establishment of proper cloud infrastructure, along with significant investments made by companies to enhance research and development resources, engage in collaboration projects, and bolster marketing efforts. These factors collectively contribute to the rapid expansion of the market.
In September 2023, Tenet Healthcare Corporation opted for Oracle Fusion Cloud Human Capital Management (HCM) to modernize and streamline its HR and payroll procedures. By integrating its systems with Oracle Cloud HCM, Tenet enhance and automate its processes, thereby improving its ability to serve employees, HR, and payroll professionals across the organization.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work