Asia Pacific Artificial Intelligence In Hr Market Size & Outlook
The artificial intelligence in hr market in Asia Pacific is expected to reach a projected revenue of US$ 4,340.7 million by 2030. A compound annual growth rate of 27.7% is expected of Asia Pacific artificial intelligence in hr market from 2024 to 2030.
Revenue, 2023 (US$M)
$784.6
Forecast, 2030 (US$M)
$4,340.7
CAGR, 2024 - 2030
27.7%
Report Coverage
Asia Pacific
Asia Pacific artificial intelligence in hr market highlights
- The Asia Pacific artificial intelligence in hr market generated a revenue of USD 784.6 million in 2023.
- The market is expected to grow at a CAGR of 27.7% from 2024 to 2030.
- In terms of segment, solutions was the largest revenue generating component in 2023.
- Solutions is the most lucrative component segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 784.6 million |
| Market revenue in 2030 | USD 4,340.7 million |
| Growth rate | 27.7% (CAGR from 2023 to 2030) |
| Largest segment | Solutions |
| Fastest growing segment | Solutions |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solutions |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 24.2% of the global artificial intelligence in hr market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,340.7 million by 2030.
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Artificial Intelligence In HR Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| HireVue | View profile | 251-500 | South Jordan, Utah, United States, North America | https://www.hirevue.com |
| Beamery | View profile | 251-500 | London, England, United Kingdom, Europe | http://beamery.com |
| Simpplr | View profile | 251-500 | Redwood City, California, United States, North America | https://www.simpplr.com |
| Eightfold AI | View profile | 251-500 | Santa Clara, California, United States, North America | https://eightfold.ai |
| Cornerstone OnDemand | View profile | 1001-5000 | Santa Monica, California, United States, North America | http://www.cornerstoneondemand.com |
| CEGID | View profile | 1001-5000 | Lyon, Rhone-Alpes, France, Europe | http://www.cegid.com |
| Automatic Data Processing Inc | View profile | 63000 | One ADP Boulevard, Roseland, NJ, United States, 07068 | https://www.adp.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
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