Europe Human Resource Management Market Size & Outlook

The human resource management market in Europe is expected to reach a projected revenue of US$ 11,986.0 million by 2030. A compound annual growth rate of 11.3% is expected of Europe human resource management market from 2024 to 2030.
Revenue, 2023 (US$M)
$5,652.3
Forecast, 2030 (US$M)
$11,986.0
CAGR, 2024 - 2030
11.3%
Report Coverage
Europe

Europe human resource management market highlights

  • The Europe human resource management market generated a revenue of USD 5,652.3 million in 2023.
  • The market is expected to grow at a CAGR of 11.3% 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.
  • Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 5,652.3 million
Market revenue in 2030USD 11,986.0 million
Growth rate11.3% (CAGR from 2023 to 2030)
Largest segmentSoftware
Fastest growing segmentService
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSoftware, Service
Key market players worldwideAccenture 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, Europe region accounted for 23.3% of the global human resource management 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 13,386.4 million by 2030.

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Human Resource Management Market Companies

Name Profile # Employees HQ Website

Europe 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 66.96% in 2023. Horizon Databook has segmented the Europe 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.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe human resource management market , including forecasts for subscribers. This continent databook contains high-level insights into Europe human resource management market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe human resource management market size, by country, 2018-2030 (US$M)

Europe Human Resource Management Market Outlook Share, 2023 & 2030 (US$M)

Europe human resource management market size, by country, 2018-2030 (US$M)

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