HR Software Market was valued at USD 15.59 Billion in 2018 and is projected to reach USD 33.58 Billion by 2026, growing at a CAGR of 10.08 % from 2019 to 2026.
The Human Resources (HR) department coordinates various functions such as salary increases, bonus payment management, recruitment, training, performance management, and succession planning. The growing adoption of cloud technologies such as Software as a Service (SaaS) is expected to be a key driver for the growth of the HR software industry. This technology offers several benefits including ubiquity, document control, and automatic updates, which can drive demand over the forecast period.
A full report of HR Software Market available at: https://www.orionmarketreports.com/hr-software-market/11566/
Major Players
Major players such as Automatic Data Processing, Inc., bamboohr LLC, clearcompany, Inc., Cognizant Technology Solutions, Halogen Software Inc., peopleadmin, Cornerstone ondemand, Inc., Oracle Corp., SAP SE, and IBM Corp.
HR Software Market- Segmentation
By Deployment:
• Cloud
• On Premise
By Vertical:
• BFSI
• Healthcare
• Manufacturing
• Transportation
• IT & Telecommunication
• Retail and Government
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)