United States Human Resource (HR) Technology Market Report by Application (Talent Management, Payroll Management, Performance Management, Workforce Management, Recruitment, and Others), Type (Inhouse, Outsourced), End Use Industry (TTH (Travel, Transportation, and Hospitality), Public Sector, Health Care, Information Technology, BFSI (Banking, Financial Services, and Insurance), and Others), Company Size (Less than 1k Employees, 1k-5k Employees, Greater than 5k Employees), and Region 2024-2032

United States Human Resource (HR) Technology Market Report by Application (Talent Management, Payroll Management, Performance Management, Workforce Management, Recruitment, and Others), Type (Inhouse, Outsourced), End Use Industry (TTH (Travel, Transportation, and Hospitality), Public Sector, Health Care, Information Technology, BFSI (Banking, Financial Services, and Insurance), and Others), Company Size (Less than 1k Employees, 1k-5k Employees, Greater than 5k Employees), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A3622
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Market Overview:

The United States human resource (HR) technology market size reached US$ 9.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 28.0 Billion by 2032, exhibiting a growth rate (CAGR) of 12.05% during 2024-2032.

Report Attribute
 Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 US$ 9.8 Billion
Market Forecast in 2032 US$ 28.0 Billion
Market Growth Rate (2024-2032) 12.05%


Human resource (HR) technology plays a crucial role in organizations. It is used for managing payrolls, onboarding, talent sourcing, performance and workforce management, and employee communication. It also assists in various aspects of employment, starting from the first day of recruitment until the retirement of employees. In the United States, HR technology is widely being adopted instead of conventional HR tools, as it is a cost-effective and time-efficient alternative for managing numerous HR-related tasks.

The United States human resource (HR) technology market is primarily driven by the increasing focus on employing various advanced HRM solutions for time, payroll, and talent management in the corporate sector. This helps improve the labor productivity and the efficiency of the employees in the organizations. Additionally, there has been a considerable increase in the number of HR-focused events and conferences being held in the country. Furthermore, rapid technological innovations and advancements have led to the increased demand for HR solutions to spread awareness regarding the numerous benefits offered by the incorporation of new-age technologies, which are significantly impacting the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the United States human resource (HR) technology market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on 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, and 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 Region:

  • Northeast
  • Midwest
  • South
  • West
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Scope of the Report
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
  • Application
  • Type
  • End Use Industry
  • Company Size
  • Region
Applications Covered Talent Management, Payroll Management, Performance Management, Workforce Management, Recruitment, Others
Types Covered Inhouse, Outsourced
End Use Industries Covered TTH (Travel, Transportation, and Hospitality), Public Sector, Health Care, Information Technology, BFSI (Banking, Financial Services, and Insurance), Others
Company Sizes Covered Less than 1k Employees, 1k-5k Employees, Greater than 5k Employees
Regions Covered Europe, North America, Asia-Pacific, Latin America, Middle East and Africa, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

  • How has the United States 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 United States 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 United States human resource (HR) technology market and who are the key players?
  • What is the degree of competition in the industry?

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United States Human Resource (HR) Technology Market Report by Application (Talent Management, Payroll Management, Performance Management, Workforce Management, Recruitment, and Others), Type (Inhouse, Outsourced), End Use Industry (TTH (Travel, Transportation, and Hospitality), Public Sector, Health Care, Information Technology, BFSI (Banking, Financial Services, and Insurance), and Others), Company Size (Less than 1k Employees, 1k-5k Employees, Greater than 5k Employees), and Region 2024-2032
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