Market Research Report
HR Benefits and Administration
|Published by||Global Industry Analysts, Inc.||Product code||997668|
|Published||Content info||98 Pages
Delivery time: 1-2 business days
|HR Benefits and Administration|
|Published: April 1, 2021||Content info: 98 Pages||
Global HR Benefits and Administration Market to Reach $11 Billion by 2027
Amid the COVID-19 crisis, the global market for HR Benefits and Administration estimated at US$8.1 Billion in the year 2020, is projected to reach a revised size of US$11 Billion by 2027, growing at a CAGR of 4.6% over the period 2020-2027.
The U.S. Market is Estimated at $2.4 Billion, While China is Forecast to Grow at 4.3% CAGR
The HR Benefits and Administration market in the U.S. is estimated at US$2.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2 Billion by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.
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