Human Resource Professional Services Market Is Booming Worldwide | Ultimate Software, Kronos, Skillsoft, ManpowerGroup
Latest Study on Industrial Growth of Worldwide Human Resource Professional Services Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Worldwide Human Resource Professional Services market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.
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Some of the key players profiled in the study are: IBM Corporation (United States) , Oracle Corporation (United States), SAP SE (Germany), Skillsoft Inc. (United States), ManpowerGroup (United States), Cornerstone On Demand, Inc. (United States), Kronos, Inc. (United States), ADP, LLC (United States), Workday, Inc. (United States), Ultimate Software Group, Inc. (United States).
Scope of the Report of Human Resource Professional Services
Human Resource Professional Services comprise of comprehensive services offered to business which aid in their talent management, human development, employee engagement, training, benefit programs of employees, employee retaining, and administration. Companies are shifting for contemporary ways to more digital solutions oriented techniques for better Human resource management. Enterprises are increasingly innovating and adopting tech based solutions to reduce the cost of delivering HR services. Growing adoption of cloud based SaaS platforms and other digital solutions has led to significant growth of the Human resource professional services. Currently, North America accounts for largest market share in human resource professional services.
The titled segments and sub-section of the market are illuminated below:
by Type (Core HR, Recruiting, Talent Management, Others), End Use (BFSI, IT and Telecom, Healthcare, Retail, Others), Organisation Size (SMEs, Large Organisations)
Market Trends:
Integration of Artificial Intelligence and Machine Learning
Opportunities:
SMEs Segment Presents Huge Opportunity to Expand
Market Drivers:
Increasing Demand for Reduction of Cost for Delivering HR Services
Rising Consciousness to Improve the Employee Experience
Growing Adoption of Digital Solutions for Backdoor and Front End Operations
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Market Leaders and their expansionary development strategies
In 2021, Workday, Inc., a United States based on‑demand financial management and human capital management software vendor has announced acquisition of Peakon, which is a data driven HR startup. The acquisition was valued at USD 700 million, all in cash. Peakon offers a SaaS based platforms to enterprises to forge better communication and relationship with their employees, and using series of surveys, generating real time data on employees. The acquisition integrated with Workday’s comprehensive HR services, will significantly bolster its market standings.
In 2021, Clearlake Capital Group, L.P., a United States based private equity firm has announced acquisition of Cornerstone OnDemand, Inc., an American firm specialising in cloud based people development software services, with the signing of a definitive agreement to acquire. The acquisition valuation is around USD 5.2 billion. With the completion of the deal, Cornerstone would become a private company. Combined synergies of both the companies, would allow Cornerstone to accelerate its SaaS based HR solutions.
Strategic Points Covered in Table of Content of Global Human Resource Professional Services Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Human Resource Professional Services market
Chapter 2: Exclusive Summary – the basic information of the Human Resource Professional Services Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Human Resource Professional Services
Chapter 4: Presenting the Human Resource Professional Services Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Human Resource Professional Services market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Human Resource Professional Services Market is a valuable source of guidance for individuals and companies.
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Published Fri, 08 Jul 2022 03:04:32 -0500
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