Europe Human Resource (HR) Technology Market

Market Overview:

The Europe human resource (HR) technology market is currently witnessing strong growth. Human resource (HR) technology is utilized to automate routine processes, store data and provide analytical management reports and insights for better decision-making. It minimizes the manual efforts required for performing various time-consuming tasks like payment processing and allows professionals to access information from multiple sources and share it with different departments. HR technology assists organizations in gaining insights from employee feedback and improving recruiting, workforce retention, and skill development. In the European region, several firms have adopted HR technology to create workforce transparency that enables fair pay practices.

The Europe human resource (HR) technology market is primarily driven by the growing presence of corporate organizations that are heavily investing in advanced HR technologies. The increasing number of key players entering the market is also escalating the demand for HR technology. For instance, Everskill GmbH, a Germany-based start-up, has leveraged innovative technologies to reinvent corporate training and develop an app-based training system for providing soft skill training to employees. Additionally, HR technology provides an optimized recruitment process and related tasks, which is instrumental in enhancing the overall efficiency of the company. On account of these factors, the market is expected to continue its strong growth in the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe 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:

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

List of Tables

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