North America Artificial Intelligence In Hr Market Size & Outlook
The artificial intelligence in hr market in North America is expected to reach a projected revenue of US$ 5,510.8 million by 2030. A compound annual growth rate of 24.2% is expected of North America artificial intelligence in hr market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,211.1
Forecast, 2030 (US$M)
$5,510.8
CAGR, 2024 - 2030
24.2%
Report Coverage
North America
North America artificial intelligence in hr market highlights
- The North America artificial intelligence in hr market generated a revenue of USD 1,211.1 million in 2023.
- The market is expected to grow at a CAGR of 24.2% 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.
North America data book summary
| Market revenue in 2023 | USD 1,211.1 million |
| Market revenue in 2030 | USD 5,510.8 million |
| Growth rate | 24.2% (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, North America region accounted for 37.3% 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 Scope
Artificial intelligence in hr market segmentation & scope
Chatbots
Virtual Assistants
Software Platforms
Analytics Solutions
Others
Services
Implementation Services
Consulting Services
Training and Support Services
Deployment Mode
Cloud-based
On-premises
Enterprise Size
Small and Medium Enterprises (SMEs)
Large Enterprises
Application
Recruitment and Hiring
Employee Onboarding and Engagement
Employee Record Management
Performance Management
Payroll Processing
Others
End Use
BFSI
Healthcare
IT & Telecommunication
Retail & E-Commerce
Manufacturing
Education
Government
Others
Countries
U.S.
Canada
Mexico
France
Germany
Italy
Norway
Spain
UK
Sweden
China
India
Japan
Australia
South Korea
Thailand
Saudi Arabia
South Africa
UAE
Kuwait
Brazil
Argentina
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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