HR Analytics Market Outlook to 2025: Focus on Workforce Management, Retention, Recruitment, Payroll, Employee Engagement, and Other Applications

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Dublin, July 12, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering. 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. 1.1 Market Definition1.2 Objectives1.3 Market Scope1.4 Segmentation1.4.1 Global HR Analytics Market, by Component1.4.2 Global HR Analytics Market, by Application1.4.3 Global HR Analytics Market, by Organization Size1.4.4 Global HR Analytics Market, by Deployment Mode1.4.5 Global HR Analytics Market, by End-user1.4.6 Global HR Analytics Market, by Geography1.5 Methodology for the Research2.1 Introduction2.1.1 Overview2.1.2 Executive Summary2.1.3 Market Composition and Scenario2.2 Key Factors Impacting the Market2.2.1 Market Drivers2.2.2 Market Restraint3.1 Cardinal Matrix3.2 Recent Industry Wide Strategic Developments3.2.1 Partnerships, Collaborations and Agreements3.2.2 Product Launches3.2.3 Mergers & Acquisitions and Expansion3.3 Top Winning Strategies3.3.1 Key Leading Strategies: Percentage Distribution (2015-2018)3.3.2 Key Strategic Move: Leading Players4.1.1 Global HR Analytics Solution Market by Region4.1.2 Global HR Analytics Services Market by Region4.1.3 Global HR Analytics Market by Services Type4.1.3.1 Global HR Analytics Integration & Deployment Market by Region4.1.3.2 Global HR Analytics Advisory & Consulting Market by Region4.1.3.3 Global HR Analytics Support & Maintenance Market by Region5.1.1 Global HR Analytics Workforce Management Market by Region5.1.2 Global HR Analytics Retention Market by Region5.1.3 Global HR Analytics Recruitment Market by Region5.1.4 Global HR Analytics Payroll Market by Region5.1.5 Global HR Analytics Employee Engagement Market by Region5.1.6 Global Other Application HR Analytics Market by Region6.1.1 Global Large Enterprises HR Analytics Market by Region6.1.2 Global Small & Medium-Sized Enterprises HR Analytics Market by Region7.1.1 Global On Premise HR Analytics Market by Region7.1.2 Global Cloud HR Analytics Market by Region8.1.1 Global BFSI HR Analytics Market by Region8.1.2 Global Healthcare & Life Sciences HR Analytics Market by Region8.1.3 Global Manufacturing HR Analytics Market by Region8.1.4 Global Education & Legal HR Analytics Market by Region8.1.5 Global Telecom & IT HR Analytics Market by Region8.1.6 Global Consumer Goods & Retail HR Analytics Market by Region8.1.7 Global Others HR Analytics Market by Region9.1 North America HR Analytics Market9.2 Europe HR Analytics Market9.3 Asia-Pacific HR Analytics Market9.4 LAMEA HR Analytics Market10.1 Oracle Corporation10.2 SAP SE10.3 Infor Inc.10.4 The Sage Group PLC (Sage Software Solutions Pvt. Ltd.)10.5 IBM Corporation10.6 MicroStrategy Incorporated10.7 Zoho Corporation Pvt. Ltd.10.8 Sisense Inc.10.9 Visier Inc.10.10 Workday Inc. For more information about this report visit

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Globe Newswire: 12:10 GMT Friday 12th July 2019

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