PUBLISHER: TechNavio | PRODUCT CODE: 1915637
PUBLISHER: TechNavio | PRODUCT CODE: 1915637
The global AI in human resources market is forecasted to grow by USD 16550.0 mn during 2024-2029, accelerating at a CAGR of 27.6% during the forecast period. The report on the global AI in human resources 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 increasing demand for operational efficiency and process automation , growing strategic importance of data driven talent management , heightened focus on enhancing employee experience and engagement .
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.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 26.2% |
| CAGR | 27.6% |
| Incremental Value | $16550.0 mn |
Technavio's global AI in human resources market is segmented as below:
By Component
By Deployment
By Application
Geography
This study identifies the proliferation of generative AI and copilot assistants as one of the prime reasons driving the global AI in human resources market growth during the next few years. Also, shift toward hyper-personalization of employee experience and focus on ai-powered skills intelligence and internal mobility will lead to sizable demand in the market.
The report on the global AI in human resources 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 global AI in human resources market vendors that include Aisera Inc., Automatic Data Processing Inc., Bamboo HR LLC, Beamery Inc., Betterworks Systems Inc., ClearCo. Inc., Effy AI, Eightfold AI, Gloat Inc., Hi bob Inc., HireVue Inc., iCIMS Inc., Legion Technologies, Inc., Nowsta, Inc., Personio SE and Co. KG, Phenom People Inc., Simpplr, Skillsoft Corp., Turbohire Technologies Pvt Ltd, Workday Inc.. Also, the global AI in human resources 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.