The United States human resource (HR) technology market size reached US$ 9.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 28.0 Billion by 2032, exhibiting a growth rate (CAGR) of 12.05% during 2024-2032.
Report Attribute
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Key Statistics
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Base Year
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2023 |
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023 | US$ 9.8 Billion |
Market Forecast in 2032 | US$ 28.0 Billion |
Market Growth Rate (2024-2032) | 12.05% |
Human resource (HR) technology plays a crucial role in organizations. It is used for managing payrolls, onboarding, talent sourcing, performance and workforce management, and employee communication. It also assists in various aspects of employment, starting from the first day of recruitment until the retirement of employees. In the United States, HR technology is widely being adopted instead of conventional HR tools, as it is a cost-effective and time-efficient alternative for managing numerous HR-related tasks.
The United States human resource (HR) technology market is primarily driven by the increasing focus on employing various advanced HRM solutions for time, payroll, and talent management in the corporate sector. This helps improve the labor productivity and the efficiency of the employees in the organizations. Additionally, there has been a considerable increase in the number of HR-focused events and conferences being held in the country. Furthermore, rapid technological innovations and advancements have led to the increased demand for HR solutions to spread awareness regarding the numerous benefits offered by the incorporation of new-age technologies, which are significantly impacting the market growth.
IMARC Group provides an analysis of the key trends in each segment of the United States human resource (HR) technology market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on application, type, end use industry and company size.
Breakup by Application:
Breakup by Type:
Breakup by End Use Industry:
Breakup by Company Size:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | US$ Billion |
Scope of the Report
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Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Applications Covered | Talent Management, Payroll Management, Performance Management, Workforce Management, Recruitment, Others |
Types Covered | Inhouse, Outsourced |
End Use Industries Covered | TTH (Travel, Transportation, and Hospitality), Public Sector, Health Care, Information Technology, BFSI (Banking, Financial Services, and Insurance), Others |
Company Sizes Covered | Less than 1k Employees, 1k-5k Employees, Greater than 5k Employees |
Regions Covered | Europe, North America, Asia-Pacific, Latin America, Middle East and Africa, 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) |