Global Human Resource Management Market Size & Outlook

The human resource management industry worldwide is expected to reach a projected revenue of US$ 60,516.7 million by 2030. A compound annual growth rate of 14.4% is expected of the worldwide human resource management industry from 2025 to 2030.
Revenue, 2024 (US$M)
$27,513.5
Forecast, 2030 (US$M)
$60,516.7
CAGR, 2025 - 2030
14.4%
Report Coverage
Worldwide

Global human resource management market, 2018-2030 (US$M)

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Global human resource management market highlights

  • The global human resource management market generated a revenue of USD 27,513.5 million in 2024 and is expected to reach USD 60,516.7 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 14% by 2030.
  • In terms of segment, software accounted for a revenue of USD 18,517.7 million in 2024.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2030.

Global data book summary

Market revenue in 2024USD 27,513.5 million
Market revenue in 2030USD 60,516.7 million
Growth rate14% (CAGR from 2025 to 2030)
Largest segmentSoftware
Fastest growing segmentService
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Service

Other key industry trends

  • In terms of revenue, the North America accounted for 36.2% of the global human resource management market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, India is the fastest growing regional market and is projected to reach USD 2,664.3 million by 2030.

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Human Resource Management Market Companies

Name Profile # Employees HQ Website

Global human resource management market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to human resource management market will help companies and investors design strategic landscapes.


Software was the largest segment with a revenue share of 67.3% in 2024. Horizon Databook has segmented the Global human resource management market based on software, service covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Human Resource Management Component Outlook (Revenue, USD Million, 2018-2030)
    • Software
      • Core HR
      • Employee Collaboration & Engagement
      • Recruiting
      • Talent Management
      • Workforce Planning & Analytics
      • Others
    • Service
      • Integration & Deployment
      • Support & Maintenance
      • Training & Consulting
  • Global Human Resource Management Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Hosted
    • On-Premise
  • Global Human Resource Management Enterprise-size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprise
    • Small and Medium Enterprise
  • Global Human Resource Management End Use Outlook (Revenue, USD Million, 2018-2030)
    • Academia
    • BFSI
    • Government
    • Healthcare
    • IT & Telecom
    • Manufacturing
    • Retail
    • Others

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Target buyers of Global human resource management market databook

  • Our clientele includes a mix of human resource management market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global human resource management market , including forecasts for subscribers. This global databook contains high-level insights into Global human resource management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global human resource management market size, by regions, 2018-2030 (US$M)

Top 10 countries: Human resource management market size, 2024 (US$M)

Global human resource management market share, by component, 2024 & 2030 (%, US$M)

Human resource management market: Opportunity assessment by country

Global human resource management market, by region, 2024 (US$M)

Global human resource management market size, by regions, 2018-2030 (US$M)

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