핵심 HR 소프트웨어 시장 : 구성요소별, 산업별, 배포별 - 세계 예측(2025-2030년)

The Core HR Software Market was valued at USD 9.62 billion in 2023, expected to reach USD 10.88 billion in 2024, and is projected to grow at a CAGR of 13.00%, to USD 22.66 billion by 2030.

Core Human Resource (HR) Software pertains to a suite of applications designed to manage essential HR functions such as personnel information, payroll, benefits, and workforce analytics. The necessity of core HR software is underscored by the increasing complexity of workforce management and the need for organizations to streamline HR processes. Applications include automating administrative tasks, improving compliance with labor laws, and enhancing employee experience through better data management and accessibility. End-use sectors range from SMEs to large enterprises across various industries, all striving to improve HR efficiency and employee engagement. Market insights reveal that the growth of the core HR software market is significantly influenced by the rising adoption of cloud-based solutions, accelerated digital transformation initiatives, and the growing demand for integrated HR suites that provide scalability and flexibility. The latest potential opportunities lie in the rise of AI integration in HR tech, driving enhanced analytics and cognitive automation. Companies can capitalize on these opportunities by investing in personalized employee experiences and data-driven decision-making tools. However, the market faces limitations and challenges such as data privacy concerns, integration complexities with existing systems, and resistance to change within organizations. Legal and regulatory changes pose additional challenges, as compliance requirements steadily evolve. Areas ripe for innovation include the development of advanced analytics capabilities, AI-driven recruitment and workforce management tools, and enhanced mobile accessibility to cater to the growing demand for remote working solutions. The nature of the market is dynamic, with a significant push towards customization and personalization. Businesses seeking growth should focus on developing flexible, user-friendly solutions that can adapt to changing regulatory landscapes and workforce expectations, while maintaining a strong emphasis on data security and user data protection to build trust and reliability.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Core HR Software Market

The Core HR Software Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Need to Provide Easy Access and Manage Centralized HR Database for Employee Information, Payroll and Benefits Data
  • Increase in the Automation of HR Processes
  • Easy Import and Export of Employee Data and Increasing HR Mobile Apps Adoption
• Market Restraints
  • Data Security and Privacy Issues
• Market Opportunities
  • Increase in the Adoption by SMEs
  • Organizations Inclination toward HR Analytics
  • Integrate with Third-Party HR Applications
• Market Challenges
  • Organizational Reluctance to Core HR Software

Porter's Five Forces: A Strategic Tool for Navigating the Core HR Software Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Core HR Software Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Core HR Software Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Core HR Software Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Core HR Software Market

A detailed market share analysis in the Core HR Software Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Core HR Software Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Core HR Software Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Key Company Profiles

The report delves into recent significant developments in the Core HR Software Market, highlighting leading vendors and their innovative profiles. These include Paychex, Inc., Peopleworks, Ramco Systems Limited, Ceridian HCM Holding Inc., SAP SE, Emportant Technologies, PeopleStrong Technologies Pvt Ltd., TriNet Group, Inc., Cornerstone OnDemand, Inc., Paylocity Corporation, Employwise, Inc., Automatic Payroll Systems, Inc., Oracle Corporation, Paycom Software, Inc., International Business Machines Corporation, Hi Bob Limited, The Access Group, UKG Inc., Workday, Inc., Talentia Software Group, Neeyamo Enterprise Solution Private Limited, Automatic Data Processing, Inc., Sumtotal Systems, LLC, and Cezanne HR Limited.

Market Segmentation & Coverage

This research report categorizes the Core HR Software Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Component, market is studied across Services and Software. The Services is further studied across Consulting Services, Managed Services, Professional Services, Support & Maintenance, and Training & Education. The Software is further studied across Benefits & Claims Management, Compliance Management, Learning Management, Payroll & Compensation Management, Pension Management, Personnel Management, and Succession Planning.
• Based on Industry, market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality.
• Based on Deployment, market is studied across On-Cloud and On-Premises.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Need to Provide Easy Access and Manage Centralized HR Database for Employee Information, Payroll and Benefits Data
    • 5.1.1.2. Increase in the Automation of HR Processes
    • 5.1.1.3. Easy Import and Export of Employee Data and Increasing HR Mobile Apps Adoption
  • 5.1.2. Restraints
    • 5.1.2.1. Data Security and Privacy Issues
  • 5.1.3. Opportunities
    • 5.1.3.1. Increase in the Adoption by SMEs
    • 5.1.3.2. Organizations Inclination toward HR Analytics
    • 5.1.3.3. Integrate with Third-Party HR Applications
  • 5.1.4. Challenges
    • 5.1.4.1. Organizational Reluctance to Core HR Software
• 5.2. Market Segmentation Analysis
  • 5.2.1. Component: Growing significance of learning management softwares to deliver educational courses and training programs
  • 5.2.2. Industry: Growing deployment of core HR software in automotive & transportation to improve operational efficiency
  • 5.2.3. Deployment: Rising preference of on-premises core HR software due to high levels of data security and privacy
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental
• 5.5. Client Customization
  • 5.5.1. SMAC: Social, Mobility, Analytics, and Cloud
  • 5.5.2. Product Capability Analysis

6. Core HR Software Market, by Component

• 6.1. Introduction
• 6.2. Services
  • 6.2.1. Consulting Services
  • 6.2.2. Managed Services
  • 6.2.3. Professional Services
  • 6.2.4. Support & Maintenance
  • 6.2.5. Training & Education
• 6.3. Software
  • 6.3.1. Benefits & Claims Management
  • 6.3.2. Compliance Management
  • 6.3.3. Learning Management
  • 6.3.4. Payroll & Compensation Management
  • 6.3.5. Pension Management
  • 6.3.6. Personnel Management
  • 6.3.7. Succession Planning

7. Core HR Software Market, by Industry

• 7.1. Introduction
• 7.2. Aerospace & Defense
• 7.3. Automotive & Transportation
• 7.4. Banking, Financial Services & Insurance
• 7.5. Building, Construction & Real Estate
• 7.6. Consumer Goods & Retail
• 7.7. Education
• 7.8. Energy & Utilities
• 7.9. Government & Public Sector
• 7.10. Healthcare & Life Sciences
• 7.11. Information Technology
• 7.12. Manufacturing
• 7.13. Media & Entertainment
• 7.14. Telecommunication
• 7.15. Travel & Hospitality

8. Core HR Software Market, by Deployment

• 8.1. Introduction
• 8.2. On-Cloud
• 8.3. On-Premises

9. Americas Core HR Software Market

• 9.1. Introduction
• 9.2. Argentina
• 9.3. Brazil
• 9.4. Canada
• 9.5. Mexico
• 9.6. United States

10. Asia-Pacific Core HR Software Market

• 10.1. Introduction
• 10.2. Australia
• 10.3. China
• 10.4. India
• 10.5. Indonesia
• 10.6. Japan
• 10.7. Malaysia
• 10.8. Philippines
• 10.9. Singapore
• 10.10. South Korea
• 10.11. Taiwan
• 10.12. Thailand
• 10.13. Vietnam

11. Europe, Middle East & Africa Core HR Software Market

• 11.1. Introduction
• 11.2. Denmark
• 11.3. Egypt
• 11.4. Finland
• 11.5. France
• 11.6. Germany
• 11.7. Israel
• 11.8. Italy
• 11.9. Netherlands
• 11.10. Nigeria
• 11.11. Norway
• 11.12. Poland
• 11.13. Qatar
• 11.14. Russia
• 11.15. Saudi Arabia
• 11.16. South Africa
• 11.17. Spain
• 11.18. Sweden
• 11.19. Switzerland
• 11.20. Turkey
• 11.21. United Arab Emirates
• 11.22. United Kingdom

12. Competitive Landscape

• 12.1. Market Share Analysis, 2023
• 12.2. FPNV Positioning Matrix, 2023
• 12.3. Competitive Scenario Analysis
  • 12.3.1. Neeyamo Global Payroll - HiBob HRIS announce Integration Partnership
  • 12.3.2. PeopleStrong launches generative AI to boost HR efficiency by 40%
  • 12.3.3. Unit4 Announces New Reseller Partnership with Phase 3 to deliver HR, Payroll, and Finance technology and services to mid-market organizations in United Kingdom and Ireland

Companies Mentioned

• 1. Paychex, Inc.
• 2. Peopleworks
• 3. Ramco Systems Limited
• 4. Ceridian HCM Holding Inc.
• 5. SAP SE
• 6. Emportant Technologies
• 7. PeopleStrong Technologies Pvt Ltd.
• 8. TriNet Group, Inc.
• 9. Cornerstone OnDemand, Inc.
• 10. Paylocity Corporation
• 11. Employwise, Inc.
• 12. Automatic Payroll Systems, Inc.
• 13. Oracle Corporation
• 14. Paycom Software, Inc.
• 15. International Business Machines Corporation
• 16. Hi Bob Limited
• 17. The Access Group
• 18. UKG Inc.
• 19. Workday, Inc.
• 20. Talentia Software Group
• 21. Neeyamo Enterprise Solution Private Limited
• 22. Automatic Data Processing, Inc.
• 23. Sumtotal Systems, LLC
• 24. Cezanne HR Limited