Global and China HR SaaS Market Size, Status and Forecast 2021-2027

HR management refers to the process of acquiring, hiring, training, managing, and retaining the workforce to contribute effectively in the business processes of an organization. HRM systems increase the efficiency of the Human Resource division, minimize operational costs, and help companies create a more employee-centric culture. HRM is mainly used to quantify and measure the talent present in an organization, and help streamline its workforce. It also helps organizations maintain competitive advantage by recruiting, managing, and retaining talented personnel. SaaS-based human resource management (HRM) includes deployment of HRM applications such as payroll, personnel, benefits, recruitment, and compliance management as web-based subscription service. It is operated by a third-party organization as opposed to the installation and maintenance of on-premise business systems.
The SaaS (Service-as-a-Service)-based HRM comprises the same function as of HRM operates but along with web-based service. These web based service optimize the resources of the business and diversify into several sectors with ease. Moreover, the SaaS- based HRM simplifies operation of business by emphasizing on revenue generating activities and managing workforce efficiently for enhanced productivity. SaaS-based HRM is a flexible and cost-effective business model which provides the advanced less-time consuming processes and eliminated the update issues associated with HRM software.

Market Analysis and Insights: Global HR SaaS Market
The global HR SaaS market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global HR SaaS market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global HR SaaS market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global HR SaaS market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global HR SaaS market.

Global HR SaaS Scope and Market Size
HR SaaS market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global HR SaaS market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Small and Medium Enterprise
Large Enterprise

Segment by Application
Banking, Financial Services and Insurance (BFSI)
Healthcare
IT and Telecom
Manufacturing
Others (Government, Logistics, etc.)

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ADP
IBM
Oracle (Taleo)
Persis
Perbit Software
Jobvite
SAP (SuccessFactor)
Rexx systems
SD Worx
Sage

Frequently Asked Questions