Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.43 Billion | USD 21.95 Billion | 8.62% | 2023 |
List of Figures
1. Market research process
2. Market research methodology
3. Global Core HR Software Market, 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Core HR Software Market attractiveness, By Component
6. Global Core HR Software Market attractiveness, By Organization Size
7. Global Core HR Software Market attractiveness, By Deployment Type
8. Global Core HR Software Market attractiveness, By Vertical
9. Global Core HR Software Market share, By Component, 2019 and 2026 (USD Billion)
10. Global Core HR Software Market by Services, 2016–2026(USD Billion)
11. Global Core HR Software Market by Software,2016–2026(USD Billion)
12. Global Core HR Software Market Share by Organization Size ,2019 and 2026 (USD Billion)
13. Global Core HR Software Market by Large Enterprises, 2016–2026(USD Billion)
14. Global Core HR Software Market by Small & Middle Enterprises, 2016–2026(USD Billion)
15. Global Core HR Software Market Share by Deployment Type ,2019 and 2026 (USD Billion)
16. Global Core HR Software Market by Cloud ,2016–2026(USD Billion)
17. Global Core HR Software Market by On-Premises,2016–2026(USD Billion)
18. Global Core HR Software Market Share by Vertical,2019 and 2026 (USD Billion)
19. Global Core HR Software Market by Government,2016–2026(USD Billion)
20. Global Core HR Software Market by Energy & Utilities,2016–2026(USD Billion)
21. Global Core HR Software Market by Manufacturing,2016–2026(USD Billion)
22. Global Core HR Software Market by Consumer Goods & Retail,2016–2026(USD Billion)
23. Global Core HR Software Market by Transportation & Logistics,2016–2026(USD Billion)
24. Global Core HR Software Market by , Healthcare,2016–2026(USD Billion)
25. Global Core HR Software Market by Telecom & Information Technology,2016–2026(USD Billion)
26. Global Core HR Software Market by Banking, Financial Services, & Insurance,2016–2026(USD Billion)
27. Global Core HR Software Market share, by Region, 2019 and 2026
28. North America Core HR Software Market, 2016–2026(USD Billion)
29. Europe Core HR Software Market, 2016–2026(USD Billion)
30. Asia Pacific Core HR Software Market, 2016–2026(USD Billion)
31. Latin America Core HR Software Market, 2016–2026(USD Billion)
32. The Middle East and Africa Core HR Software Market, 2016–2026(USD Billion)
List of Tables
1. Global Core HR Software Market: snapshot
2. Drivers of the Core HR Software Market: impact analysis
3. North America Core HR Software Market revenue, By Component,2016–2026(USD Billion)
4. North America Core HR Software Market revenue, By Organization Size , 2016–2026(USD Billion)
5. North America Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
6. North America Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
7. The U.S. Core HR Software Market revenue, By Component, 2016–2026(USD Billion)
8. The U.S. Core HR Software Market revenue, By Organization Size , 2016–2026(USD Billion)
9. The U.S. Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
10. The U.S. Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
11. Rest of North America Core HR Software Market revenue, By Component,2016–2026(USD Billion)
12. Rest of North America Core HR Software Market revenue, By Organization Size , 2016–2026(USD Billion)
13. Rest of North America Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
14. Rest of North America Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
15. Europe Core HR Software Market revenue, By Component, 2016–2026(USD Billion)
16. Europe Core HR Software Market revenue, By Organization Size , 2016–2026(USD Billion)
17. Europe Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
18. Europe Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
19. UK Core HR Software Market revenue, By Component,2016–2026(USD Billion)
20. UK Core HR Software Market revenue, By Organization Size , 2016–2026(USD Billion)
21. UK Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
22. UK Core HR Software Market revenue, By Vertical, 2016–2026(USD Billion)
23. France Core HR Software Market revenue, By Component,2016–2026(USD Billion)
24. France Core HR Software Market revenue, By Organization Size , 2016–2026(USD Billion)
25. France Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
26. France Core HR Software Market revenue, By Vertical, 2016–2026(USD Billion)
27. Germany Core HR Software Market revenue, By Component,2016–2026(USD Billion)
28. Germany Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
29. Germany Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
30. Germany Core HR Software Market revenue, By Vertical, 2016–2026(USD Billion)
31. Rest of Europe Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
32. Rest of Europe Core HR Software Market revenue, By Component,2016–2026(USD Billion)
33. Rest of Europe Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
34. Rest of Europe Core HR Software Market revenue, By Vertical, 2016–2026(USD Billion)
35. Asia Pacific Core HR Software Market revenue, By Component,2016–2026(USD Billion)
36. Asia Pacific Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
37. Asia Pacific Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
38. Asia Pacific Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
39. China Core HR Software Market revenue, By Component,2016–2026(USD Billion)
40. China Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
41. China Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
42. China Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
43. Japan Core HR Software Market revenue, By Component, 2016–2026(USD Billion)
44. Japan Core HR Software Market revenue, By Organization Size , 2016–2026(USD Billion)
45. Japan Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
46. Japan Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
47. India Core HR Software Market revenue, By Component,2016–2026(USD Billion)
48. India Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
49. India Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
50. India Core HR Software Market revenue, By Vertical, 2016–2026(USD Billion)
51. Rest of Asia Pacific Core HR Software Market revenue, By Component,2016–2026(USD Billion)
52. Rest of Asia Pacific Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
53. Rest of Asia Pacific Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
54. Rest of Asia Pacific Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
55. Latin America Core HR Software Market revenue, By Component,2016–2026(USD Billion)
56. Latin America Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
57. Latin America Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
58. Latin America Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
59. Brazil Core HR Software Market revenue, By Component,2016–2026(USD Billion)
60. Brazil Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
61. Brazil Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
62. Brazil Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
63. Rest of Latin America Core HR Software Market revenue, By Component,2016–2026(USD Billion)
64. Rest of Latin America Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
65. Rest of Latin America Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
66. Rest of Latin America Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
67. The Middle East and Africa Core HR Software Market revenue, By Component,2016–2026(USD Billion)
68. The Middle East and Africa Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
69. The Middle East and Africa Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
70. The Middle East and Africa Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
71. Saudi Arabia Core HR Software Market revenue, By Component, 2016–2026(USD Billion)
72. Saudi Arabia Core HR Software Market revenue, By Organization Size , 2016–2026(USD Billion)
73. Saudi Arabia Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
74. Saudi Arabia Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
75. South Africa Core HR Software Market revenue, By Component,2016–2026(USD Billion)
76. South Africa Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
77. South Africa Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
78. South Africa Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
79. Rest of the Middle East & Africa Core HR Software Market revenue, By Component,2016–2026(USD Billion)
80. Rest of the Middle East & Africa Core HR Software Market revenue, By Organization Size ,2016–2026(USD Billion)
81. Rest of the Middle East & Africa Core HR Software Market revenue, By Deployment Type , 2016–2026(USD Billion)
82. Rest of the Middle East & Africa Core HR Software Market revenue, By Vertical , 2016–2026(USD Billion)
FrequentlyAsked Questions
A centralized system that is utilized by organizations to administer essential human resource functions and employee data is referred to as core HR software. It is the foundation of a company's HR operations, automating and streamlining tasks such as payroll, benefits administration, employee records, and compliance management. Core HR software is essential for the management of administrative HR activities and the protection of employee data.
Organizations are progressively seeking to enhance efficiency and minimize errors by automating repetitive HR tasks, including payroll, benefits administration, and employee onboarding.
Zion Market Research has published a report on the global Core HR Software Market, estimating its value at USD 10.43 Billion in 2023, with projections indicating that it will reach USD 21.95 Billion by 2032.
The market is expected to expand at a compound annual growth rate (CAGR) of 8.62% over the forecast period 2024-2032.
The growth of the industry in the region over the forecast timespan is owing to growing focus on improving the HR functions in the firms. In addition to this, large-scale sue of smartphones and iPhone coupled with large-scale acceptance of cloud technologies in the countries like the U.S. and Canada will spur the regional market trends.
Key players influencing the market growth include Workday, Inc., Automatic Data Processing, Ultimate Software, Ceridian HCM, Inc., Paycom Software, Inc., SAP SE, International Business Machine (IBM) Corporation, CoreHR, Oracle Corporation, EmployWise, Paychex, Inc., and SumTotal Systems, LLC.
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