Human Resource Software Market Set to Double by 2030 Amid AI-Driven Workforce Transformation

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Industry Experts, Inc. unveiled a new market research report, "Global Human Resource (HR) Software Market - Deployment Types, Software Types, Company Types and Industry Sectors", forecasting that the global HR software market will grow from US$17.5 billion in 2024 to US$34.1 billion by 2030, at a CAGR of 11.8%.

Organizations are redefining workforce strategies to support hybrid work models, talent scarcity and evolving regulatory demands, driving demand for agile, digital-first HR systems that integrate payroll, benefits, performance and compliance in a unified architecture. Cloud deployments, which accounted for over 70% of all HR software investments in 2024, offer scalability, lower maintenance and rapid implementation, while AI and machine learning automate routine tasks, predict attrition risk and optimize recruitment. Seamless integration with ERP, finance, IT and learning platforms and embedded compliance intelligence for GDPR, U.S. state tax codes and Asian labor laws are now baseline expectations in vendor evaluations.

In 2024, North America held the largest regional share at 33.2% of the US$17.5 billion market and is projected to reach US$11.3 billion by 2030. Asia-Pacific is the fastest-growing region at a 14.9% CAGR, driven by rapid digitization in India, China and Southeast Asia. South America and the Rest of World markets also exhibit strong momentum on the back of rising cloud adoption and compliance automation in emerging economies.

Cloud deployments command 72.4% of global HR software spending in 2024 and are poised to expand at a 12.5% CAGR through 2030. Talent management software, projected to grow at a 14.8% CAGR, is the fastest-growing software segment as organizations embed AI to personalize career paths and anticipate skills gaps. In industry verticals, IT & telecom leads with a 20.3% share in 2024, while healthcare is the fastest-growing sector at a 15.3% CAGR, driven by clinical workforce scheduling, credentialing and retention requirements.

The report profiles more than 20 leading software providers, including SAP SuccessFactors, Workday, Oracle HCM Cloud, ADP, Gusto and BambooHR, and examines deployment types (cloud, on-premise), software types (core HR, talent management, recruitment & applicant tracking and more), company types (large enterprises, SMEs) and industry sector applications (BFSI, IT & telecom, healthcare, retail & ecommerce and others), along with feature roadmaps and go-to-market strategies. Coverage spans five regions (North America, Europe, Asia-Pacific, South America and Middle East & Africa), with historical data for 2021–2023, 2024 as the base year and forecasts through 2030.

About Industry Experts, Inc.
Industry Experts, Inc. ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable corporate strategists, analysts, researchers and startups in obtaining crisp, unbiased current and future market data. For more information, contact us at +1-320-497-3787 or visit https://industry-experts.com/

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