HR software market is expected to grow at a moderate rate during the forecast period 2019-2025. HR software is an integrated system that is used to store, analyze, and respond to the information of an organization’s human resources. The software coordinates with various functions such as employee training, salary hikes, recruitment of employees, succession planning, and performance management, among others. Moreover, the software automatically controls and updates the information stored in the software application.

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Increasing adoption of cloud-based technologies for the assessment of employee coupled with the ability of software in providing expertise solutions according to workforce dynamics have augmented the demand for HR software solutions. The software is extensively used across various industry verticals such as government and manufacturing have impelled the growth of the market. The continuous development of innovative tools in HR software solutions and services is offering an opportunistic growth to the global HR software market. Moreover, the rising demand for succession and performance management software that offers training solutions according to the weakness of an employee is significantly impelling market growth.

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Global HR Software Market Segmentation



By Software Type

Learning Management

Benefits and Claim Management

Payroll and Compensation Management

Personnel Management

Others (Compliance Management, Succession Management, and Pension Management)



By Deployment Model

Cloud

On-premises



By End-Use

Government

IT Industry

Manufacturing

Healthcare

BFSI

Transportation & Logistics

Others (Consumer Goods & Retail)



Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World



Company Profiles

Accenture PLC

Applied Training Systems, Inc.

Ascentis Corp.

Automatic Data Processing, Inc.

Automatic Payroll Systems, Inc.

BambooHR LLC

CEIPAL Corp.

ClearCompany, Inc.

Conrep, Inc.

Cornerstone OnDemand, Inc.



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