Asia Pacific Human Resource (HR) Technology Market

Market Overview:

The Asia Pacific human resource (HR) technology market is currently witnessing strong growth. 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. On account of these factors, the market is expected to continue its strong growth during the forecast period (2021-2026).

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 for growth at the region level from 2021-2026. Our report has categorized the market based on region, application, type, end use industry and company size.

Breakup by Application:

• 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:

• 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.

Key Questions Answered in This Report:

• How has the Asia Pacific human resource (HR) technology market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Asia Pacific human resource (HR) technology market?
• What are the key regional markets?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the end use industry?
• What is the breakup of the market based on the company size?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Asia Pacific human resource (HR) technology market and who are the key players?
• What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Asia Pacific Human Resource (HR) Technology Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Application
    6.1    Talent Management
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Payroll Management
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Performance Management
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Workforce Management
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Recruitment
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Others
        6.6.1 Market Trends
        6.6.2 Market Forecast
7    Market Breakup by Type
    7.1    Inhouse
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Outsourced
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by End Use Industry
    8.1    TTH (Travel, Transportation, and Hospitality)
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Public Sector
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Health Care
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Information Technology
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    BFSI (Banking, Financial Services, and Insurance)
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Company Size
    9.1    Less than 1k Employees
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    1k - 5k Employees
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Greater than 5k Employees
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Country
    10.1    China
        10.1.1 Market Trends
        10.1.2 Market Breakup by Application
        10.1.3 Market Breakup by Type
        10.1.4 Market Breakup by End Use Industry
        10.1.5 Market Breakup by Company Size
        10.1.6 Market Forecast
    10.2    Japan
        10.2.1 Market Trends
        10.2.2 Market Breakup by Application
        10.2.3 Market Breakup by Type
        10.2.4 Market Breakup by End Use Industry
        10.2.5 Market Breakup by Company Size
        10.2.6 Market Forecast
    10.3    India
        10.3.1 Market Trends
        10.3.2 Market Breakup by Application
        10.3.3 Market Breakup by Type
        10.3.4 Market Breakup by End Use Industry
        10.3.5 Market Breakup by Company Size
        10.3.6 Market Forecast
    10.4    South Korea
        10.4.1 Market Trends
        10.4.2 Market Breakup by Application
        10.4.3 Market Breakup by Type
        10.4.4 Market Breakup by End Use Industry
        10.4.5 Market Breakup by Company Size
        10.4.6 Market Forecast
    10.5    Australia
        10.5.1 Market Trends
        10.5.2 Market Breakup by Application
        10.5.3 Market Breakup by Type
        10.5.4 Market Breakup by End Use Industry
        10.5.5 Market Breakup by Company Size
        10.5.6 Market Forecast
    10.6    Indonesia
        10.6.1 Market Trends
        10.6.2 Market Breakup by Application
        10.6.3 Market Breakup by Type
        10.6.4 Market Breakup by End Use Industry
        10.6.5 Market Breakup by Company Size
        10.6.6 Market Forecast
    10.7    Others
        10.7.1 Market Trends
        10.7.2 Market Breakup by Application
        10.7.3 Market Breakup by Type
        10.7.4 Market Breakup by End Use Industry
        10.7.5 Market Breakup by Company Size
        10.7.6 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Policy and Regulatory Landscape
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: Asia Pacific: Human Resource Technology Market: Major Drivers and Challenges
Figure 2: Asia Pacific: Human Resource Technology Market: Sales Value (in Million US$), 2015-2020
Figure 3: Asia Pacific: Human Resource Technology Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Asia Pacific: Human Resource Technology Market: Breakup by Application (in %), 2020
Figure 5: Asia Pacific: Human Resource Technology Market: Breakup by Type (in %), 2020
Figure 6: Asia Pacific: Human Resource Technology Market: Breakup by End Use Industry (in %), 2020
Figure 7: Asia Pacific: Human Resource Technology Market: Breakup by Company Size (in %), 2020
Figure 8: Asia Pacific: Human Resource Technology Market: Breakup by Country (in %), 2020
Figure 9: Asia Pacific: Human Resource Technology (Talent Management) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Asia Pacific: Human Resource Technology (Talent Management) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Asia Pacific: Human Resource Technology (Payroll Management) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Asia Pacific: Human Resource Technology (Payroll Management) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Asia Pacific: Human Resource Technology (Performance Management) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Asia Pacific: Human Resource Technology (Performance Management) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Asia Pacific: Human Resource Technology (Workforce Management) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Asia Pacific: Human Resource Technology (Workforce Management) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Asia Pacific: Human Resource Technology (Recruitment) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Asia Pacific: Human Resource Technology (Recruitment) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Asia Pacific: Human Resource Technology (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Asia Pacific: Human Resource Technology (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Asia Pacific: Human Resource Technology (Inhouse) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Asia Pacific: Human Resource Technology (Inhouse) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Asia Pacific: Human Resource Technology (Outsourced) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Asia Pacific: Human Resource Technology (Outsourced) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Asia Pacific: Human Resource Technology (Travel, Transportation, and Hospitality) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Asia Pacific: Human Resource Technology (Travel, Transportation, and Hospitality) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Asia Pacific: Human Resource Technology (Public Sector) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Asia Pacific: Human Resource Technology (Public Sector) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Asia Pacific: Human Resource Technology (Health Care) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Asia Pacific: Human Resource Technology (Health Care) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Asia Pacific: Human Resource Technology (Information Technology) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Asia Pacific: Human Resource Technology (Information Technology) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Asia Pacific: Human Resource Technology (Banking, Financial services, and Insurance) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Asia Pacific: Human Resource Technology (Banking, Financial services, and Insurance) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Asia Pacific: Human Resource Technology (Other End Use Industries) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Asia Pacific: Human Resource Technology (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Asia Pacific: Human Resource Technology (Less than 1k Employees) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Asia Pacific: Human Resource Technology (Less than 1k Employees) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Asia Pacific: Human Resource Technology (1k - 5k Employees) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Asia Pacific: Human Resource Technology (1k - 5k Employees) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Asia Pacific: Human Resource Technology (Greater than 5k Employees) Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Asia Pacific: Human Resource Technology (Greater than 5k Employees) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: China: Human Resource Technology Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: China: Human Resource Technology Market: Breakup by Application (in %), 2020
Figure 45: China: Human Resource Technology Market: Breakup by Type (in %), 2020
Figure 46: China: Human Resource Technology Market: Breakup by End Use Industry (in %), 2020
Figure 47: China: Human Resource Technology Market: Breakup by Company Size (in %), 2020
Figure 48: China: Human Resource Technology Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Japan: Human Resource Technology Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Japan: Human Resource Technology Market: Breakup by Application (in %), 2020
Figure 51: Japan: Human Resource Technology Market: Breakup by Type (in %), 2020
Figure 52: Japan: Human Resource Technology Market: Breakup by End Use Industry (in %), 2020
Figure 53: Japan: Human Resource Technology Market: Breakup by Company Size (in %), 2020
Figure 54: Japan: Human Resource Technology Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: India: Human Resource Technology Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: India: Human Resource Technology Market: Breakup by Application (in %), 2020
Figure 57: India: Human Resource Technology Market: Breakup by Type (in %), 2020
Figure 58: India: Human Resource Technology Market: Breakup by End Use Industry (in %), 2020
Figure 59: India: Human Resource Technology Market: Breakup by Company Size (in %), 2020
Figure 60: India: Human Resource Technology Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: South Korea: Human Resource Technology Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: South Korea: Human Resource Technology Market: Breakup by Application (in %), 2020
Figure 63: South Korea: Human Resource Technology Market: Breakup by Type (in %), 2020
Figure 64: South Korea: Human Resource Technology Market: Breakup by End Use Industry (in %), 2020
Figure 65: South Korea: Human Resource Technology Market: Breakup by Company Size (in %), 2020
Figure 66: South Korea: Human Resource Technology Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Australia: Human Resource Technology Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Australia: Human Resource Technology Market: Breakup by Application (in %), 2020
Figure 69: Australia: Human Resource Technology Market: Breakup by Type (in %), 2020
Figure 70: Australia: Human Resource Technology Market: Breakup by End Use Industry (in %), 2020
Figure 71: Australia: Human Resource Technology Market: Breakup by Company Size (in %), 2020
Figure 72: Australia: Human Resource Technology Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Indonesia: Human Resource Technology Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Indonesia: Human Resource Technology Market: Breakup by Application (in %), 2020
Figure 75: Indonesia: Human Resource Technology Market: Breakup by Type (in %), 2020
Figure 76: Indonesia: Human Resource Technology Market: Breakup by End Use Industry (in %), 2020
Figure 77: Indonesia: Human Resource Technology Market: Breakup by Company Size (in %), 2020
Figure 78: Indonesia: Human Resource Technology Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Others: Human Resource Technology Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Others: Human Resource Technology Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Asia Pacific: Human Resource Technology Industry: SWOT Analysis
Figure 82: Asia Pacific: Human Resource Technology Industry: Value Chain Analysis
Figure 83: Asia Pacific: Human Resource Technology Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Asia Pacific: Human Resource Technology Market: Key Industry Highlights, 2020 and 2026
Table 2: Asia Pacific: Human Resource Technology Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 3: Asia Pacific: Human Resource Technology Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 4: Asia Pacific: Human Resource Technology Market Forecast: Breakup by End Use Industry (in Million US$), 2021-2026
Table 5: Asia Pacific: Human Resource Technology Market Forecast: Breakup by Company Size (in Million US$), 2021-2026
Table 6: Asia Pacific: Human Resource Technology Market Forecast: Breakup by Country (in Million US$), 2021-2026
Table 7: Asia Pacific: Human Resource Technology Market: Competitive Structure
Table 8: Asia Pacific: Human Resource Technology Market: Key Players