PUBLISHER: TechNavio | PRODUCT CODE: 1792225
PUBLISHER: TechNavio | PRODUCT CODE: 1792225
The generative AI in hr market is forecasted to grow by USD 2,498.8 mn during 2024-2029, accelerating at a CAGR of 42.2% during the forecast period. The report on the generative AI in hr market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by imperative for enhanced operational efficiency and productivity, strategic shift toward improving employee experience, and increasing accessibility and seamless integration of powerful AI models.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 41.5% |
CAGR | 42.2% |
Incremental Value | $2,498.8 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's generative AI in hr market is segmented as below:
By Technology
By Deployment
By Application
By Geographical Landscape
This study identifies the shift from task automation to hyper-personalized employee experiences as one of the prime reasons driving the generative AI in hr market growth during the next few years. Also, proliferation of embedded AI copilots within core hcm platforms and operationalization of responsible AI and governance frameworks will lead to sizable demand in the market.
The report on the generative AI in hr market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading generative AI in hr market vendors that include Aisera Inc., Beamery Inc., CloudApper, Cornerstone OnDemand Inc., Degreed Inc., Docebo Inc., Eightfold AI, Findem Inc., Gloat Inc., International Business Machines Corp., Oracle Corp., Phenom People Inc., SAP SE, SeekOut, ServiceNow Inc., SkyHive Technologies Holdings Inc., UKG Inc., Visier Inc., and Workday Inc.. Also, the generative AI in hr market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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