HR SaaS Market, Global Outlook and Forecast 2023-2029

Report ID: MMG204773 | Category: Service & Software | Pages: 67 | Format: PDF | Published Date: September 05,2023

Request Sample Enquiry before buying Ask For Discount

Single User-$3250.00 Multi User-$4225.00

Report Description
View Table of Contents

Report Summary

HR management refers to the process of acquiring, hiring, training, managing, and retaining the workforce to contribute effectively in the business processes of an organization. HRM systems increase the efficiency of the Human Resource division, minimize operational costs, and help companies create a more employee-centric culture. HRM is mainly used to quantify and measure the talent present in an organization, and help streamline its workforce. It also helps organizations maintain competitive advantage by recruiting, managing, and retaining talented personnel. SaaS-based human resource management (HRM) includes deployment of HRM applications such as payroll, personnel, benefits, recruitment, and compliance management as web-based subscription service. It is operated by a third-party organization as opposed to the installation and maintenance of on-premise business systems.
This report aims to provide a comprehensive presentation of the global market for HR SaaS, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding HR SaaS. This report contains market size and forecasts of HR SaaS in global, including the following market information:
Global HR SaaS Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global HR SaaS market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The SaaS (Service-as-a-Service)-based HRM comprises the same function as of HRM operates but along with web-based service.  These web based service optimize the resources of the business and diversify into several sectors with ease. Moreover, the SaaS- based HRM simplifies operation of business by emphasizing on revenue generating activities and managing workforce efficiently for enhanced productivity. SaaS-based HRM is a flexible and cost-effective business model which provides the advanced less-time consuming processes and eliminated the update issues associated with HRM software.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the HR SaaS companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global HR SaaS Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global HR SaaS Market Segment Percentages, by Type, 2022 (%)
    Small and Medium Enterprise
    Large Enterprise
Global HR SaaS Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global HR SaaS Market Segment Percentages, by Application, 2022 (%)
    Banking, Financial Services and Insurance (BFSI)
    Healthcare
    IT and Telecom
    Manufacturing
    Others (Government, Logistics, etc.)
Global HR SaaS Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global HR SaaS Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies HR SaaS revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies HR SaaS revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ADP
    IBM
    Oracle (Taleo)
    Persis
    Perbit Software
    Jobvite
    SAP (SuccessFactor)
    Rexx systems
    SD Worx
    Sage
Outline of Major Chapters:
Chapter 1: Introduces the definition of HR SaaS, market overview.
Chapter 2: Global HR SaaS market size in revenue.
Chapter 3: Detailed analysis of HR SaaS company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of HR SaaS in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 HR SaaS Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global HR SaaS Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global HR SaaS Overall Market Size
    2.1 Global HR SaaS Market Size: 2022 VS 2029
    2.2 Global HR SaaS Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top HR SaaS Players in Global Market
    3.2 Top Global HR SaaS Companies Ranked by Revenue
    3.3 Global HR SaaS Revenue by Companies
    3.4 Top 3 and Top 5 HR SaaS Companies in Global Market, by Revenue in 2022
    3.5 Global Companies HR SaaS Product Type
    3.6 Tier 1, Tier 2 and Tier 3 HR SaaS Players in Global Market
        3.6.1 List of Global Tier 1 HR SaaS Companies
        3.6.2 List of Global Tier 2 and Tier 3 HR SaaS Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global HR SaaS Market Size Markets, 2022 & 2029
        4.1.2 Small and Medium Enterprise
        4.1.3 Large Enterprise
    4.2 By Type - Global HR SaaS Revenue & Forecasts
        4.2.1 By Type - Global HR SaaS Revenue, 2018-2023
        4.2.2 By Type - Global HR SaaS Revenue, 2024-2029
        4.2.3 By Type - Global HR SaaS Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global HR SaaS Market Size, 2022 & 2029
        5.1.2 Banking, Financial Services and Insurance (BFSI)
        5.1.3 Healthcare
        5.1.4 IT and Telecom
        5.1.5 Manufacturing
        5.1.6 Others (Government, Logistics, etc.)
    5.2 By Application - Global HR SaaS Revenue & Forecasts
        5.2.1 By Application - Global HR SaaS Revenue, 2018-2023
        5.2.2 By Application - Global HR SaaS Revenue, 2024-2029
        5.2.3 By Application - Global HR SaaS Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global HR SaaS Market Size, 2022 & 2029
    6.2 By Region - Global HR SaaS Revenue & Forecasts
        6.2.1 By Region - Global HR SaaS Revenue, 2018-2023
        6.2.2 By Region - Global HR SaaS Revenue, 2024-2029
        6.2.3 By Region - Global HR SaaS Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America HR SaaS Revenue, 2018-2029
        6.3.2 US HR SaaS Market Size, 2018-2029
        6.3.3 Canada HR SaaS Market Size, 2018-2029
        6.3.4 Mexico HR SaaS Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe HR SaaS Revenue, 2018-2029
        6.4.2 Germany HR SaaS Market Size, 2018-2029
        6.4.3 France HR SaaS Market Size, 2018-2029
        6.4.4 U.K. HR SaaS Market Size, 2018-2029
        6.4.5 Italy HR SaaS Market Size, 2018-2029
        6.4.6 Russia HR SaaS Market Size, 2018-2029
        6.4.7 Nordic Countries HR SaaS Market Size, 2018-2029
        6.4.8 Benelux HR SaaS Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia HR SaaS Revenue, 2018-2029
        6.5.2 China HR SaaS Market Size, 2018-2029
        6.5.3 Japan HR SaaS Market Size, 2018-2029
        6.5.4 South Korea HR SaaS Market Size, 2018-2029
        6.5.5 Southeast Asia HR SaaS Market Size, 2018-2029
        6.5.6 India HR SaaS Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America HR SaaS Revenue, 2018-2029
        6.6.2 Brazil HR SaaS Market Size, 2018-2029
        6.6.3 Argentina HR SaaS Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa HR SaaS Revenue, 2018-2029
        6.7.2 Turkey HR SaaS Market Size, 2018-2029
        6.7.3 Israel HR SaaS Market Size, 2018-2029
        6.7.4 Saudi Arabia HR SaaS Market Size, 2018-2029
        6.7.5 UAE HR SaaS Market Size, 2018-2029
7 HR SaaS Companies Profiles
    7.1 ADP
        7.1.1 ADP Company Summary
        7.1.2 ADP Business Overview
        7.1.3 ADP HR SaaS Major Product Offerings
        7.1.4 ADP HR SaaS Revenue in Global Market (2018-2023)
        7.1.5 ADP Key News & Latest Developments
    7.2 IBM
        7.2.1 IBM Company Summary
        7.2.2 IBM Business Overview
        7.2.3 IBM HR SaaS Major Product Offerings
        7.2.4 IBM HR SaaS Revenue in Global Market (2018-2023)
        7.2.5 IBM Key News & Latest Developments
    7.3 Oracle (Taleo)
        7.3.1 Oracle (Taleo) Company Summary
        7.3.2 Oracle (Taleo) Business Overview
        7.3.3 Oracle (Taleo) HR SaaS Major Product Offerings
        7.3.4 Oracle (Taleo) HR SaaS Revenue in Global Market (2018-2023)
        7.3.5 Oracle (Taleo) Key News & Latest Developments
    7.4 Persis
        7.4.1 Persis Company Summary
        7.4.2 Persis Business Overview
        7.4.3 Persis HR SaaS Major Product Offerings
        7.4.4 Persis HR SaaS Revenue in Global Market (2018-2023)
        7.4.5 Persis Key News & Latest Developments
    7.5 Perbit Software
        7.5.1 Perbit Software Company Summary
        7.5.2 Perbit Software Business Overview
        7.5.3 Perbit Software HR SaaS Major Product Offerings
        7.5.4 Perbit Software HR SaaS Revenue in Global Market (2018-2023)
        7.5.5 Perbit Software Key News & Latest Developments
    7.6 Jobvite
        7.6.1 Jobvite Company Summary
        7.6.2 Jobvite Business Overview
        7.6.3 Jobvite HR SaaS Major Product Offerings
        7.6.4 Jobvite HR SaaS Revenue in Global Market (2018-2023)
        7.6.5 Jobvite Key News & Latest Developments
    7.7 SAP (SuccessFactor)
        7.7.1 SAP (SuccessFactor) Company Summary
        7.7.2 SAP (SuccessFactor) Business Overview
        7.7.3 SAP (SuccessFactor) HR SaaS Major Product Offerings
        7.7.4 SAP (SuccessFactor) HR SaaS Revenue in Global Market (2018-2023)
        7.7.5 SAP (SuccessFactor) Key News & Latest Developments
    7.8 Rexx systems
        7.8.1 Rexx systems Company Summary
        7.8.2 Rexx systems Business Overview
        7.8.3 Rexx systems HR SaaS Major Product Offerings
        7.8.4 Rexx systems HR SaaS Revenue in Global Market (2018-2023)
        7.8.5 Rexx systems Key News & Latest Developments
    7.9 SD Worx
        7.9.1 SD Worx Company Summary
        7.9.2 SD Worx Business Overview
        7.9.3 SD Worx HR SaaS Major Product Offerings
        7.9.4 SD Worx HR SaaS Revenue in Global Market (2018-2023)
        7.9.5 SD Worx Key News & Latest Developments
    7.10 Sage
        7.10.1 Sage Company Summary
        7.10.2 Sage Business Overview
        7.10.3 Sage HR SaaS Major Product Offerings
        7.10.4 Sage HR SaaS Revenue in Global Market (2018-2023)
        7.10.5 Sage Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

FAQ's

What does the report cover (Scope)?

It contains all the geographic trends, and market analysis for global market

ENTER REPORT NAME TO SEARCH

HR SaaS Market, Global Outlook and Forecast 2023-2029

Report Summary

Table of Contents

FAQ's

What does the report cover (Scope)?