HR Analytics Market – Opportunities and Forecast, 2020-2027

 

The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.

Top Companies of the HR Analytics Market:

·         Oracle Corporation

·         IBM Corporation

·         SAP SE

·         Tableau Software

·         Infor

·         Crunchr

·         Sage Group Plc

·         MicroStrategy Incorporated

·         Zoho

·         Kronos Incorporated

Drivers of the HR Analytics Market:

The key factor accelerating the growth of the HR analytics market includes the rising adoption of a cloud-based solution, growing adoption of HR analytics among small and medium-sized enterprises to make a data-driven decision, and increasing demand for HR analytics to improve workforce optimization and talent mobility. Moreover, growing adoption of analytics software to save cost, time and enhance performance are some other factors propelling the market growth in the upcoming years. Increasing requirement to employ skilled talent and improve employee retention with the help of innovative technologies such as the Internet of Things (IoT) and analytics is expected to boost the growth of the market.

Various initiatives are taken by the government to support the adoption of digital technologies, internet connectivity, and mobile applications, with an aim to minimize the manual efforts and improve the productivity of organizations. The use of HR analytics enables organizations to better decision-making and reduce their capital, which boosts the growth of the HR analytics market. In addition to this, HR analytical solution enables the organization to enhance budget allocations and facilitates complex compensation planning, which is surging the demand for HR analytics demand among enterprises. On the other hand, the cultural barrier to adopt HR analytical solutions, followed by the varying structure of regulatory policies and data regulations are the significant factors hindering the market growth.

Segmentation of the HR Analytics Market:

By Component:

·         Solution

·         Service

By Application Area:

·         Payroll

·         Retention

·         Recruitment

·         Workforce Management

·         Employee Engagement

·         Employee Development

By Deployment:

·         On-Cloud

·         On-Premises

By Organisation Size:

·         Small and Medium- sized Enterprises

·         Large Enterprises

By Vertical:

·         BFSI

·         IT and Telecommunication

·         Manufacturing

·         Education

·         Retail

·         Healthcare

·         Others

By Region:

·         North America

o   United States of America

o   Canada

·         Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·         Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·         RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

Contact Us

Company Name: GMI RESEARCH

Email: enquiry@gmiresearch.com

Phone: +353 1 442 8820

Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate

City: Dublin

State: Dublin

Country: Ireland

Website: https://www.gmiresearch.com/

 

Comments

Post a Comment

Popular posts from this blog

Hi-Fi System Market Research Report

 Growth opportunities in the Hi-Fi system market look promising over the next six years. This is mainly due to the rising demand for portable devices such as smartphones, and laptops, the continuous technological advancement in the Hi-Fi systems, like integration of AI and machine learning, and the increasing penetration of the internet. Request for a FREE Sample Report on Hi-Fi System Market Hi-Fi System Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The augmenting demand for portable devices and the growing need for infotainment services are the crucial drivers fuelling the growth of the global Hi-Fi system market .  Rising portable device demand such as laptops, tablets, and smartphones strengthens the demand for wireless audio products in the HI-FI system market. Also, the ongoing technological developments in Hi-Fi systems, like the amalgamation of machine learning and artificial intelligence, are ...
Read more

Tight Gas Market Research Report

  Growth opportunities in the tight gas market look promising over the next six years. This is mainly due to the favourable government strategies, funds and aids for the gas production and the development of sophisticated technology. Request for a FREE Sample Report on Tight Gas Market Tight Gas Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers One of the prominent drivers responsible for the growth of the global tight gas market includes the augmenting demand for million barrels each day. In accordance with the U.S. Energy Information Administration, the demand of the barrels from 2016 Q1 to 2017 Q1 augmented from 1 million in 2016 to more than 2 million in 2017, and the same trend is anticipated in the future, which will change the perspective of the market, thereby fulfilling the market demand. Also, the emergence of low-cost gas supplies from different sources will change over the chauffeurs of natura...
Read more

Vitreoretinal Surgery Devices Market Research Report

 Growth opportunities in the vitreoretinal surgery devices market look promising over the next six years. This is mainly due to the increasing technological advancements and the rise in the geriatric population coupled with the rising eye disorders. Request for a FREE Sample Report on Vitreoretinal Surgery Devices Market Vitreoretinal Surgery Devices Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis) Key Drivers The increase in the geriatric population across the world along with the surging number of eye disorders including diabetic retinopathy, detached retina, macular hole, and CMV retinitis, and the growing awareness concerned with eye health are the key drivers stimulating the growth of the global vitreoretinal surgery devices market. The use of vitreoretinal surgeries to treat various eye-related disorders, with the help of several procedures, is effective in restoring and improving vision. Furthermore, the ongoing t...
Read more