The global artificial intelligence in the HR market is predicted to be worth USD 3.89 billion in 2022 and USD 17.61 billion by 2027, increasing at a 35.26 percent CAGR.
Market Segmentation
- The Global Artificial Intelligence in HR Market is segmented based on Offering, Technology, Application, Industry, and Geography.
- Offering, the market is classified into Hardware, Software, and Services.
- Technology, the market is classified into Machine Learning, Natural Language Processing, Context-aware Computing, and Computer Vision.
- Application, the market is classified into Recruitment, Performance Management, Retention, Payroll, Safety and Security, Regulatory Compliance, and Others.
- Industry, the market is classified into Academic, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Retail, and Others.
- Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
Company Profiles
The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies’ recent development and competitive scenario. Some of the companies covered in this report are Automatic Data Processing Inc., Ceredian HCM Inc., Cezanne Inc., etc.
Competitive Quadrant
Competitive Quadrant, a patented method for analyzing and evaluating a company’s position based on its Industry Position score and Market Performance score, is included in the study. The tool divides the players into four groups based on a variety of characteristics. Financial performance during the last three years, growth plans, innovation score, new product launches, investments, market share growth, and so on are some of the aspects that are examined.
Ansoff Analysis
For the Global Artificial Intelligence in HR Market, the study includes a complete Ansoff matrix analysis. The Ansoff Matrix, commonly known as the Product/Market Expansion Grid, is a strategic tool for developing a firm growth strategy. Market Development, Market Penetration, Product Development, and Diversification are four strategies that can be evaluated using the matrix. The matrix is also used for risk analysis to determine the level of risk associated with each strategy.
The Ansoff Matrix is used by the analyst to analyze the Global Artificial Intelligence in HR Market and suggest the best ways a firm can take to boost its market position.
The analyst has designed appropriate market growth strategies based on the SWOT analysis completed on the industry and industry players.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentation, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Integration of Cloud and Mobile Deployment in HRM Systems
4.1.2 Increasingly Large and Complex Resumes Screening and Reduction in Biases Hiring Decision
4.1.3 Growing Emphasis on HR Process Automation
4.2 Restraints
4.2.1 Lack of Standard Regulatory Policies and Data Regulations
4.2.2 Reluctance Among HR to Adopt AI-Based Technologies
4.3 Opportunities
4.3.1 Collaboration and Partnership with the HR Organization
4.3.2 Technological Advances in AI for HR
4.4 Challenges
4.4.1 Privacy and Security Concerns
4.4.2 Requirement of Human Aspect in HR
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Artificial Intelligence in HR Market, By Offering
6.1 Introduction
6.2 Hardware
6.2.1 Processor
6.2.2 Memory
6.2.3 Network
6.3 Software
6.3.1 AI Solutions
6.3.2 AI Platform
6.4 Services
6.4.1 Deployment & Integration
6.4.2 Support & Maintenance
6.4.3 Training & Consulting
7 Global Artificial Intelligence in HR Market, By Technology
7.1 Introduction
7.2 Machine Learning
7.2.1 Deep Learning
7.2.2 Supervised Learning
7.2.3 Reinforced Learning
7.2.4 Unsupervised Learning
7.2.5 Others
7.3 Natural Language Processing
7.4 Context-aware Computing
7.5 Computer Vision
8 Global Artificial Intelligence in HR Market, By Application
8.1 Introduction
8.2 Recruitment
8.3 Performance Management
8.4 Retention
8.5 Payroll
8.6 Safety and Security
8.7 Regulatory Compliance
8.8 Others
9 Global Artificial Intelligence in HR Market, By Industry
9.1 Introduction
9.2 Academic
9.3 BFSI
9.4 Government
9.5 Healthcare
9.6 IT & Telecom
9.7 Manufacturing
9.8 Retail
9.9 Others
10 Americas’ Artificial Intelligence in HR Market
10.1 Introduction
10.2 Argentina
10.3 Brazil
10.4 Canada
10.5 Chile
10.6 Colombia
10.7 Mexico
10.8 Peru
10.9 United States
10.10 Rest of Americas
11 Europe’s Artificial Intelligence in HR Market
11.1 Introduction
11.2 Austria
11.3 Belgium
11.4 Denmark
11.5 Finland
11.6 France
11.7 Germany
11.8 Italy
11.9 Netherlands
11.10 Norway
11.11 Poland
11.12 Russia
11.13 Spain
11.14 Sweden
11.15 Switzerland
11.16 United Kingdom
11.17 Rest of Europe
12 Middle East and Africa’s Artificial Intelligence in HR Market
12.1 Introduction
12.2 Egypt
12.3 Israel
12.4 Qatar
12.5 Saudi Arabia
12.6 South Africa
12.7 United Arab Emirates
12.8 Rest of MEA
13 APAC’s Artificial Intelligence in HR Market
13.1 Introduction
14 Competitive Landscape
14.1 Competitive Quadrant
14.2 Market Share Analysis
14.3 Strategic Initiatives
15 Company Profiles
- Automatic Data Processing Inc.
- Ceredian HCM Inc.
- Cezanne Inc.
- Cornerstone Ondemand Inc.
- IBM Corporation
- Infor
- Netsuite Inc.
- Oracle Corporation
- SAP SE
- Talent Soft
- Ultimate Software
- Workday Inc.
- Page Up
- Wage and Wendy
- AllyO
For more information about this report visit https://www.researchandmarkets.com/r/mycy3u