HR Analytics Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: HR Analytics Market covers analysis By Component (Solution, Services); Deployment (Cloud, On-premise); Enterprise Size (Large Enterprises, SMEs); Application (Workforce Management, Employee Engagement, Employee Development, Recruitment, Retention, Payroll); Industry Vertical (BFSI, IT and Telecom, Consumer Goods and Retail, Healthcare, Manufacturing, Education, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Apr 2024

  • Report Code : TIPRE00006162
  • Category : Technology, Media and Telecommunications
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

HR analytics refers to the application of the analytic process to the human resource department's talent data to measure the performance and efficiency that matter to HR the most to drive better return on investment. It deals with gathering data, providing insights to each process so as to make relevant managerial decisions, The data may include the number of people trained, the number of people with certain competencies, number of candidates to have in the pipeline based on the estimated attrition among others to help managers to deliver compliance and diversity reports.

MARKET SCOPE

The "Global HR Analytics Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the HR analytics market with detailed market segmentation by component, deployment, enterprise size, application, industry vertical, and geography. The report provides key statistics on the market status of the leading HR analytics market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION

  •   Based on component, the global HR analytics market is segmented into solution, services
  •   On the basis of deployment, the market is segmented into cloud, on-premise
  •   Based on enterprise size, the market is bifurcated into large enterprises, SMES
  •   Based on application, the market is bifurcated into workforce management, employee engagement, employee development, recruitment, retention, payroll
  •   Based on industry vertical, the market is bifurcated into BFSI, IT and telecom, consumer goods and retail, healthcare, manufacturing, education, others

MARKET DYNAMICS
Drivers:

  •   Growing Adoption Among Enterprises to Make Data-Driven Decisions.
  •   Rising Demand for Workforce Optimization and Talent Mobility.

Restraints

  •   Varying Structure of Regulatory Policies and Data Regulations
  •   Cultural Barrier to Adopt Advanced Solutions Over Traditional Systems


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REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The HR analytics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the HR analytics market in these regions.

IMPACT OF COVID-19 ON HR ANALYTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

World Geography

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  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The HR analytics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the HR analytics market in these regions.

IMPACT OF COVID-19 ON HR ANALYTICS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the HR analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from HR analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for HR analytics in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the HR analytics market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   Infor
  •   MicroStrategy Incorporated
  •   Sage People Limited
  •   Oracle Corporation
  •   SAP SE
  •   Sisense Inc.
  •   Tableau Software
  •   Talentsoft
  •   Visier Inc.
  •   Zoho Corporation Pvt. Ltd.


The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 HR Analytics Market - By Component
1.3.2 HR Analytics Market - By Deployment
1.3.3 HR Analytics Market - By Enterprise Size
1.3.4 HR Analytics Market - By Application
1.3.5 HR Analytics Market - By Industry Vertical
1.3.6 HR Analytics Market - By Region
1.3.6.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. HR ANALYTICS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. HR ANALYTICS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. HR ANALYTICS MARKET - GLOBAL MARKET ANALYSIS
6.1. HR ANALYTICS - GLOBAL MARKET OVERVIEW
6.2. HR ANALYTICS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. HR ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTION
7.3.1. Overview
7.3.2. Solution Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. HR ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT
8.1. OVERVIEW
8.2. DEPLOYMENT MARKET FORECASTS AND ANALYSIS
8.3. CLOUD
8.3.1. Overview
8.3.2. Cloud Market Forecast and Analysis
8.4. ON-PREMISE
8.4.1. Overview
8.4.2. On-premise Market Forecast and Analysis
9. HR ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - ENTERPRISE SIZE
9.1. OVERVIEW
9.2. ENTERPRISE SIZE MARKET FORECASTS AND ANALYSIS
9.3. LARGE ENTERPRISES
9.3.1. Overview
9.3.2. Large Enterprises Market Forecast and Analysis
9.4. SMES
9.4.1. Overview
9.4.2. SMEs Market Forecast and Analysis
10. HR ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
10.1. OVERVIEW
10.2. APPLICATION MARKET FORECASTS AND ANALYSIS
10.3. WORKFORCE MANAGEMENT
10.3.1. Overview
10.3.2. Workforce Management Market Forecast and Analysis
10.4. EMPLOYEE ENGAGEMENT
10.4.1. Overview
10.4.2. Employee Engagement Market Forecast and Analysis
10.5. EMPLOYEE DEVELOPMENT
10.5.1. Overview
10.5.2. Employee Development Market Forecast and Analysis
10.6. RECRUITMENT
10.6.1. Overview
10.6.2. Recruitment Market Forecast and Analysis
10.7. RETENTION
10.7.1. Overview
10.7.2. Retention Market Forecast and Analysis
10.8. PAYROLL
10.8.1. Overview
10.8.2. Payroll Market Forecast and Analysis
11. HR ANALYTICS MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
11.1. OVERVIEW
11.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
11.3. BFSI
11.3.1. Overview
11.3.2. BFSI Market Forecast and Analysis
11.4. IT AND TELECOM
11.4.1. Overview
11.4.2. IT and Telecom Market Forecast and Analysis
11.5. CONSUMER GOODS AND RETAIL
11.5.1. Overview
11.5.2. Consumer Goods and Retail Market Forecast and Analysis
11.6. HEALTHCARE
11.6.1. Overview
11.6.2. Healthcare Market Forecast and Analysis
11.7. MANUFACTURING
11.7.1. Overview
11.7.2. Manufacturing Market Forecast and Analysis
11.8. EDUCATION
11.8.1. Overview
11.8.2. Education Market Forecast and Analysis
11.9. OTHERS
11.9.1. Overview
11.9.2. Others Market Forecast and Analysis

12. HR ANALYTICS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America HR Analytics Market Overview
12.1.2 North America HR Analytics Market Forecasts and Analysis
12.1.3 North America HR Analytics Market Forecasts and Analysis - By Component
12.1.4 North America HR Analytics Market Forecasts and Analysis - By Deployment
12.1.5 North America HR Analytics Market Forecasts and Analysis - By Enterprise Size
12.1.6 North America HR Analytics Market Forecasts and Analysis - By Application
12.1.7 North America HR Analytics Market Forecasts and Analysis - By Industry Vertical
12.1.8 North America HR Analytics Market Forecasts and Analysis - By Countries
12.1.8.1 United States HR Analytics Market
12.1.8.1.1 United States HR Analytics Market by Component
12.1.8.1.2 United States HR Analytics Market by Deployment
12.1.8.1.3 United States HR Analytics Market by Enterprise Size
12.1.8.1.4 United States HR Analytics Market by Application
12.1.8.1.5 United States HR Analytics Market by Industry Vertical
12.1.8.2 Canada HR Analytics Market
12.1.8.2.1 Canada HR Analytics Market by Component
12.1.8.2.2 Canada HR Analytics Market by Deployment
12.1.8.2.3 Canada HR Analytics Market by Enterprise Size
12.1.8.2.4 Canada HR Analytics Market by Application
12.1.8.2.5 Canada HR Analytics Market by Industry Vertical
12.1.8.3 Mexico HR Analytics Market
12.1.8.3.1 Mexico HR Analytics Market by Component
12.1.8.3.2 Mexico HR Analytics Market by Deployment
12.1.8.3.3 Mexico HR Analytics Market by Enterprise Size
12.1.8.3.4 Mexico HR Analytics Market by Application
12.1.8.3.5 Mexico HR Analytics Market by Industry Vertical
12.2. EUROPE
12.2.1 Europe HR Analytics Market Overview
12.2.2 Europe HR Analytics Market Forecasts and Analysis
12.2.3 Europe HR Analytics Market Forecasts and Analysis - By Component
12.2.4 Europe HR Analytics Market Forecasts and Analysis - By Deployment
12.2.5 Europe HR Analytics Market Forecasts and Analysis - By Enterprise Size
12.2.6 Europe HR Analytics Market Forecasts and Analysis - By Application
12.2.7 Europe HR Analytics Market Forecasts and Analysis - By Industry Vertical
12.2.8 Europe HR Analytics Market Forecasts and Analysis - By Countries
12.2.8.1 Germany HR Analytics Market
12.2.8.1.1 Germany HR Analytics Market by Component
12.2.8.1.2 Germany HR Analytics Market by Deployment
12.2.8.1.3 Germany HR Analytics Market by Enterprise Size
12.2.8.1.4 Germany HR Analytics Market by Application
12.2.8.1.5 Germany HR Analytics Market by Industry Vertical
12.2.8.2 France HR Analytics Market
12.2.8.2.1 France HR Analytics Market by Component
12.2.8.2.2 France HR Analytics Market by Deployment
12.2.8.2.3 France HR Analytics Market by Enterprise Size
12.2.8.2.4 France HR Analytics Market by Application
12.2.8.2.5 France HR Analytics Market by Industry Vertical
12.2.8.3 Italy HR Analytics Market
12.2.8.3.1 Italy HR Analytics Market by Component
12.2.8.3.2 Italy HR Analytics Market by Deployment
12.2.8.3.3 Italy HR Analytics Market by Enterprise Size
12.2.8.3.4 Italy HR Analytics Market by Application
12.2.8.3.5 Italy HR Analytics Market by Industry Vertical
12.2.8.4 United Kingdom HR Analytics Market
12.2.8.4.1 United Kingdom HR Analytics Market by Component
12.2.8.4.2 United Kingdom HR Analytics Market by Deployment
12.2.8.4.3 United Kingdom HR Analytics Market by Enterprise Size
12.2.8.4.4 United Kingdom HR Analytics Market by Application
12.2.8.4.5 United Kingdom HR Analytics Market by Industry Vertical
12.2.8.5 Russia HR Analytics Market
12.2.8.5.1 Russia HR Analytics Market by Component
12.2.8.5.2 Russia HR Analytics Market by Deployment
12.2.8.5.3 Russia HR Analytics Market by Enterprise Size
12.2.8.5.4 Russia HR Analytics Market by Application
12.2.8.5.5 Russia HR Analytics Market by Industry Vertical
12.2.8.6 Rest of Europe HR Analytics Market
12.2.8.6.1 Rest of Europe HR Analytics Market by Component
12.2.8.6.2 Rest of Europe HR Analytics Market by Deployment
12.2.8.6.3 Rest of Europe HR Analytics Market by Enterprise Size
12.2.8.6.4 Rest of Europe HR Analytics Market by Application
12.2.8.6.5 Rest of Europe HR Analytics Market by Industry Vertical
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific HR Analytics Market Overview
12.3.2 Asia-Pacific HR Analytics Market Forecasts and Analysis
12.3.3 Asia-Pacific HR Analytics Market Forecasts and Analysis - By Component
12.3.4 Asia-Pacific HR Analytics Market Forecasts and Analysis - By Deployment
12.3.5 Asia-Pacific HR Analytics Market Forecasts and Analysis - By Enterprise Size
12.3.6 Asia-Pacific HR Analytics Market Forecasts and Analysis - By Application
12.3.7 Asia-Pacific HR Analytics Market Forecasts and Analysis - By Industry Vertical
12.3.8 Asia-Pacific HR Analytics Market Forecasts and Analysis - By Countries
12.3.8.1 Australia HR Analytics Market
12.3.8.1.1 Australia HR Analytics Market by Component
12.3.8.1.2 Australia HR Analytics Market by Deployment
12.3.8.1.3 Australia HR Analytics Market by Enterprise Size
12.3.8.1.4 Australia HR Analytics Market by Application
12.3.8.1.5 Australia HR Analytics Market by Industry Vertical
12.3.8.2 China HR Analytics Market
12.3.8.2.1 China HR Analytics Market by Component
12.3.8.2.2 China HR Analytics Market by Deployment
12.3.8.2.3 China HR Analytics Market by Enterprise Size
12.3.8.2.4 China HR Analytics Market by Application
12.3.8.2.5 China HR Analytics Market by Industry Vertical
12.3.8.3 India HR Analytics Market
12.3.8.3.1 India HR Analytics Market by Component
12.3.8.3.2 India HR Analytics Market by Deployment
12.3.8.3.3 India HR Analytics Market by Enterprise Size
12.3.8.3.4 India HR Analytics Market by Application
12.3.8.3.5 India HR Analytics Market by Industry Vertical
12.3.8.4 Japan HR Analytics Market
12.3.8.4.1 Japan HR Analytics Market by Component
12.3.8.4.2 Japan HR Analytics Market by Deployment
12.3.8.4.3 Japan HR Analytics Market by Enterprise Size
12.3.8.4.4 Japan HR Analytics Market by Application
12.3.8.4.5 Japan HR Analytics Market by Industry Vertical
12.3.8.5 South Korea HR Analytics Market
12.3.8.5.1 South Korea HR Analytics Market by Component
12.3.8.5.2 South Korea HR Analytics Market by Deployment
12.3.8.5.3 South Korea HR Analytics Market by Enterprise Size
12.3.8.5.4 South Korea HR Analytics Market by Application
12.3.8.5.5 South Korea HR Analytics Market by Industry Vertical
12.3.8.6 Rest of Asia-Pacific HR Analytics Market
12.3.8.6.1 Rest of Asia-Pacific HR Analytics Market by Component
12.3.8.6.2 Rest of Asia-Pacific HR Analytics Market by Deployment
12.3.8.6.3 Rest of Asia-Pacific HR Analytics Market by Enterprise Size
12.3.8.6.4 Rest of Asia-Pacific HR Analytics Market by Application
12.3.8.6.5 Rest of Asia-Pacific HR Analytics Market by Industry Vertical
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa HR Analytics Market Overview
12.4.2 Middle East and Africa HR Analytics Market Forecasts and Analysis
12.4.3 Middle East and Africa HR Analytics Market Forecasts and Analysis - By Component
12.4.4 Middle East and Africa HR Analytics Market Forecasts and Analysis - By Deployment
12.4.5 Middle East and Africa HR Analytics Market Forecasts and Analysis - By Enterprise Size
12.4.6 Middle East and Africa HR Analytics Market Forecasts and Analysis - By Application
12.4.7 Middle East and Africa HR Analytics Market Forecasts and Analysis - By Industry Vertical
12.4.8 Middle East and Africa HR Analytics Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa HR Analytics Market
12.4.8.1.1 South Africa HR Analytics Market by Component
12.4.8.1.2 South Africa HR Analytics Market by Deployment
12.4.8.1.3 South Africa HR Analytics Market by Enterprise Size
12.4.8.1.4 South Africa HR Analytics Market by Application
12.4.8.1.5 South Africa HR Analytics Market by Industry Vertical
12.4.8.2 Saudi Arabia HR Analytics Market
12.4.8.2.1 Saudi Arabia HR Analytics Market by Component
12.4.8.2.2 Saudi Arabia HR Analytics Market by Deployment
12.4.8.2.3 Saudi Arabia HR Analytics Market by Enterprise Size
12.4.8.2.4 Saudi Arabia HR Analytics Market by Application
12.4.8.2.5 Saudi Arabia HR Analytics Market by Industry Vertical
12.4.8.3 U.A.E HR Analytics Market
12.4.8.3.1 U.A.E HR Analytics Market by Component
12.4.8.3.2 U.A.E HR Analytics Market by Deployment
12.4.8.3.3 U.A.E HR Analytics Market by Enterprise Size
12.4.8.3.4 U.A.E HR Analytics Market by Application
12.4.8.3.5 U.A.E HR Analytics Market by Industry Vertical
12.4.8.4 Rest of Middle East and Africa HR Analytics Market
12.4.8.4.1 Rest of Middle East and Africa HR Analytics Market by Component
12.4.8.4.2 Rest of Middle East and Africa HR Analytics Market by Deployment
12.4.8.4.3 Rest of Middle East and Africa HR Analytics Market by Enterprise Size
12.4.8.4.4 Rest of Middle East and Africa HR Analytics Market by Application
12.4.8.4.5 Rest of Middle East and Africa HR Analytics Market by Industry Vertical
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America HR Analytics Market Overview
12.5.2 South and Central America HR Analytics Market Forecasts and Analysis
12.5.3 South and Central America HR Analytics Market Forecasts and Analysis - By Component
12.5.4 South and Central America HR Analytics Market Forecasts and Analysis - By Deployment
12.5.5 South and Central America HR Analytics Market Forecasts and Analysis - By Enterprise Size
12.5.6 South and Central America HR Analytics Market Forecasts and Analysis - By Application
12.5.7 South and Central America HR Analytics Market Forecasts and Analysis - By Industry Vertical
12.5.8 South and Central America HR Analytics Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil HR Analytics Market
12.5.8.1.1 Brazil HR Analytics Market by Component
12.5.8.1.2 Brazil HR Analytics Market by Deployment
12.5.8.1.3 Brazil HR Analytics Market by Enterprise Size
12.5.8.1.4 Brazil HR Analytics Market by Application
12.5.8.1.5 Brazil HR Analytics Market by Industry Vertical
12.5.8.2 Argentina HR Analytics Market
12.5.8.2.1 Argentina HR Analytics Market by Component
12.5.8.2.2 Argentina HR Analytics Market by Deployment
12.5.8.2.3 Argentina HR Analytics Market by Enterprise Size
12.5.8.2.4 Argentina HR Analytics Market by Application
12.5.8.2.5 Argentina HR Analytics Market by Industry Vertical
12.5.8.3 Rest of South and Central America HR Analytics Market
12.5.8.3.1 Rest of South and Central America HR Analytics Market by Component
12.5.8.3.2 Rest of South and Central America HR Analytics Market by Deployment
12.5.8.3.3 Rest of South and Central America HR Analytics Market by Enterprise Size
12.5.8.3.4 Rest of South and Central America HR Analytics Market by Application
12.5.8.3.5 Rest of South and Central America HR Analytics Market by Industry Vertical

13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

14. HR ANALYTICS MARKET, KEY COMPANY PROFILES
14.1. INFOR
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. MICROSTRATEGY INCORPORATED
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. SAGE PEOPLE LIMITED
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. ORACLE CORPORATION
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. SAP SE
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. SISENSE INC.
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. TABLEAU SOFTWARE
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. TALENTSOFT
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. VISIER INC.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. ZOHO CORPORATION PVT. LTD.
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments

15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
The List of Companies

1. Infor
2. MicroStrategy Incorporated
3. Sage People Limited
4. Oracle Corporation
5. SAP SE
6. Sisense Inc.
7. Tableau Software
8. Talentsoft
9. Visier Inc.
10. Zoho Corporation Pvt. Ltd.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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