Asia Pacific Human Resource (HR) Technology Market Report by Application (Talent Management, Payroll Management, Performance Management, Workforce Management, Recruitment, and Others), Type (Inhouse, Outsourced), End Use Industry (TTH (Travel, Transportation, Hospitality), Public Sector, Health Care, Information Technology, BFSI (Banking, Financial Services, and Insurance), and Others), Company Size (Less than 1k Employees, 1k - 5k Employees, Greater than 5k Employees), and Country 2024-2032

Asia Pacific Human Resource (HR) Technology Market Report by Application (Talent Management, Payroll Management, Performance Management, Workforce Management, Recruitment, and Others), Type (Inhouse, Outsourced), End Use Industry (TTH (Travel, Transportation, Hospitality), Public Sector, Health Care, Information Technology, BFSI (Banking, Financial Services, and Insurance), and Others), Company Size (Less than 1k Employees, 1k - 5k Employees, Greater than 5k Employees), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A3614

Market Overview:

The Asia Pacific human resource (HR) technology market size reached US$ 6,014.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 10,895.0 Million by 2032, exhibiting a growth rate (CAGR) of 6.6% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 6,014.1 Million
Market Forecast in 2032
US$ 10,895.0 Million
Market Growth Rate 2024-2032 6.6%


Human resource (HR) technology automates routine processes, secures data storage, and provides analytical management reports and insights for better decision making. It also performs a wide range of functions like talent and performance management, employee communications, rewards, benefits, and onboarding processes. In the Asia Pacific region, several organizations are extensively adopting HR solutions to improve the efficiency of the recruitment process while increasing applicant convenience, streamlining the processes and reducing the burden of administration.

The Asia Pacific HR technology market is primarily driven by the rising demand for advanced HR tools that help enhance the learning, productivity and engagement of the employees. It offers a time-effective solution for performing multiple complex tasks and improving the overall financial performance of the organization. Additionally, numerous digitization initiatives taken by regional governments and significant investments in research and development (R&D) activities for designing products that can adapt to the emerging requirements are also escalating the demand for HR technology in the region. For instance, innovative solutions are being integrated with cloud computing, software-as-a-service (SaaS), artificial intelligence (AI), business intelligence (BI) and dashboards to provide added flexibility and competitive edge over other firms.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Asia Pacific human resource (HR) technology market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on application, type, end use industry and company size.

Breakup by Application:

Asia Pacific Human Resource (HR) Technology Market

  • Talent Management
  • Payroll Management
  • Performance Management
  • Workforce Management
  • Recruitment
  • Others
     

Breakup by Type:

  • Inhouse
  • Outsourced
     

Breakup by End Use Industry:

  • TTH (Travel, Transportation, Hospitality)
  • Public Sector
  • Health Care
  • Information Technology
  • BFSI (Banking, Financial Services, and Insurance)
  • Others
     

Breakup by Company Size:

  • Less than 1k Employees
  • 1k - 5k Employees
  • Greater than 5k Employees
     

Breakup by Country:

Asia Pacific Human Resource (HR) Technology Market by Country

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others


Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Segment Coverage Application, Type, End Use Industry, Company Size, Country
Countries Covered China, Japan, India, South Korea, Australia, Indonesia, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The Asia Pacific Human Resource (HR) technology market was valued at US$ 6,014.1 Million in 2023.

We expect the Asia Pacific Human Resource (HR) technology market to exhibit a CAGR of 6.6% during 2024-2032.

The rising adoption of Human Resource (HR) technology, as it aids enterprises in improving the recruiting efficiency, streamlining various processes, reducing the administrative burden, minimizing the compliance and administrative costs, etc., is primarily driving the Asia Pacific Human Resource (HR) technology market.

The sudden outbreak of the COVID-19 pandemic has led to the growing deployment of HR technology by several organizations across the Asia Pacific region to automate routine operations and secure data storage, during the remote working scenario.

Based on the application, the Asia Pacific Human Resource (HR) technology market has been divided into talent management, payroll management, performance management, workforce management, recruitment, and others. Among these, talent management currently exhibits a clear dominance in the market.

Based on the type, the Asia Pacific Human Resource (HR) technology market can be categorized into inhouse and outsourced. Currently, outsourced accounts for the majority of the total market share.

Based on the end use industry, the Asia Pacific Human Resource (HR) technology market has been segregated into TTH (Travel, Transportation, Hospitality), public sector, health care, information technology, BFSI (Banking, Financial Services, and Insurance), and others. Among these, information technology currently exhibits a clear dominance in the market.

Based on the company size, the Asia Pacific Human Resource (HR) technology market can be bifurcated into less than 1k employees, 1k - 5k employees, and greater than 5k employees. Currently, greater than 5k employees hold the largest market share.

On a regional level, the market has been classified into China, Japan, India, South Korea, Australia, Indonesia, and others, where China currently dominates the Asia Pacific Human Resource (HR) technology market.

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Asia Pacific Human Resource (HR) Technology Market Report by Application (Talent Management, Payroll Management, Performance Management, Workforce Management, Recruitment, and Others), Type (Inhouse, Outsourced), End Use Industry (TTH (Travel, Transportation, Hospitality), Public Sector, Health Care, Information Technology, BFSI (Banking, Financial Services, and Insurance), and Others), Company Size (Less than 1k Employees, 1k - 5k Employees, Greater than 5k Employees), and Country 2024-2032
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