Brazil Human Resource Management Market Size & Outlook
Brazil human resource management market, 2018-2030 (US$M)
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Brazil human resource management market highlights
- The Brazil human resource management market generated a revenue of USD 544.1 million in 2023 and is expected to reach USD 1,416.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 14.6% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Human resource management market data book summary
| Market revenue in 2023 | USD 544.1 million |
| Market revenue in 2030 | USD 1,416.3 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Service |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Service |
| Key market players worldwide | Accenture PLC Class A, Automatic Data Processing Inc, Cezanne HR, International Business Machines Corp, Mercer International Inc, Oracle Corp, SAP SE ADR, Workday Inc Class A, CEGID, Ceridian, PwC, UKG |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.2% of the global human resource management market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil human resource management market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 942.0 million by 2030.
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Human Resource Management Market Scope
Human Resource Management Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 68.99% in 2023. Horizon Databook has segmented the Brazil human resource management market based on software, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of human resource management market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil human resource management market , including forecasts for subscribers. This country databook contains high-level insights into Brazil human resource management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil human resource management market size, by component, 2018-2030 (US$M)
Brazil Human Resource Management Market Outlook Share, 2023 & 2030 (US$M)
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