Market Research Report
|Published by||Global Industry Analysts, Inc.||Product code||958584|
|Published||Content info||104 Pages
Delivery time: 1-2 business days
|Published: April 1, 2021||Content info: 104 Pages||
Global SaaS-based HRM Market to Reach $30.1 Billion by 2027
Amid the COVID-19 crisis, the global market for SaaS-based HRM estimated at US$16.7 Billion in the year 2020, is projected to reach a revised size of US$30.1 Billion by 2027, growing at a CAGR of 8.8% over the period 2020-2027.
The U.S. Market is Estimated at $4.9 Billion, While China is Forecast to Grow at 8.2% CAGR
The SaaS-based HRM market in the U.S. is estimated at US$4.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.2 Billion by the year 2027 trailing a CAGR of 8.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.1% and 7.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR.
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