Market Overview:
The global integrated HR service delivery solution market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based and on-premises solutions across different industries. Additionally, the growing need for reducing operational costs and improving efficiency is also propelling the growth of this market. On the basis of type, the global integrated HR service delivery solution market can be segmented into cloud-based and on-premises solutions. Cloud-based solutions are witnessing a higher adoption rate due to their advantages such as scalability, flexibility, and cost effectiveness over on-premises solutions. On account of these benefits, cloud-based HR service delivery solutions are being increasingly adopted by small and medium enterprises (SMEs). By application, financial services accounted for the largest share in 2017 owing to rising compliance requirements across different geographies coupled with an increase in digitization initiatives undertaken by banks and other financial institutions worldwide.
Product Definition:
An integrated HR service delivery solution is a software system that automates HR processes and allows managers and employees to access information and complete transactions online. The importance of an integrated HR service delivery solution is that it can improve communication, efficiency, and accuracy within an organization's HR department. Additionally, the use of such a system can help reduce the costs associated with traditional paper-based or manual systems.
Cloud-Based:
Cloud-based solutions are gaining popularity in the HR service delivery market owing to its benefits such as flexibility, cost-effectiveness and ease of use. Cloud computing is a part of digital technology that provides shared resources, allowing businesses and individuals to access data from remote locations through various channels. The technology helps organizations reduce their IT infrastructure costs by moving applications to the cloud.
On-Premises:
On-premises is a term used for software and hardware installation at the organization's headquarters. The on-premises integrated human resource service delivery solution includes all the components required to run an employee benefit plan, including administration tools, web services, database applications and middleware along with other application software. On-premise solutions are preferred by large organizations that have complex management needs owing to their vast resources and diverse functions.
Application Insights:
The financial services segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for efficient workforce management solutions that help organizations in managing their payroll, human capital, benefits & compensation, and other related functions efficiently.
The manufacturing sector is one of the prominent users of these services as it helps organizations retain skilled labor while reducing training costs and time involved with personnel decisions. Furthermore, these solutions also help manufacturers in effectively managing employee relations such as grievances between employees and resolving conflicts through consultation services offered by them directly to employees or customers without involving legal counsel or paralegals which saves both time & cost significantly improving overall customer experience delivering higher business outcomes at lower costs which are key driving factors contributing towards significant industry growth over the forecast period.
Regional Analysis:
The North American region dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of prominent service providers such as ADP, Aon Hewitt, and Paychex. These companies are focusing on offering integrated human resource services through cloud-based or on-premises solutions. Furthermore, these companies are also focusing on providing additional value through their various products and services such as employee self-services (ESB), performance management, succession planning, and analytics & reporting tools.
Asia Pacific is expected to emerge as the fastest growing regional market over the forecast period owing to increasing demand for cost effective HR solutions from SMEs in countries such as China and India along with other emerging economies including Bangladesh and Pakistan.
Growth Factors:
- Increased demand for integrated HR service delivery solutions from small and medium-sized businesses (SMBs) due to the need for enhanced efficiency and cost savings.
- The growing popularity of cloud-based HR solutions, which enables organisations to access their HR data and applications from any device or location with an internet connection.
- The increasing use of social media in recruitment, which has led to a rise in the demand for social media monitoring and analytics tools as part of an integrated HR service delivery solution.
- The proliferation of big data and the emergence of predictive analytics, which is helping organisations identify employee engagement trends and predict workforce needs months or even years in advance.
- The increasing focus on workplace diversity and inclusion, which is driving demand for tools that can help organisations measure their progress towards diversity goals
Scope Of The Report
Report Attributes
Report Details
Report Title
Integrated HR Service Delivery Solution Market Research Report
By Type
Cloud-Based, On-Premises
By Application
Financial services, Government, Healthcare, Manufacturing, Media, Retail, Other
By Companies
ServiceNow, SAP, Meta4, Willis Towers Watson, Hyland, Dovetail Software, Infor, Oracle, Neocase Software
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Integrated HR Service Delivery Solution Market Report Segments:
The global Integrated HR Service Delivery Solution market is segmented on the basis of:
Types
Cloud-Based, On-Premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Financial services, Government, Healthcare, Manufacturing, Media, Retail, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ServiceNow
- SAP
- Meta4
- Willis Towers Watson
- Hyland
- Dovetail Software
- Infor
- Oracle
- Neocase Software
Highlights of The Integrated HR Service Delivery Solution Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-Based
- On-Premises
- By Application:
- Financial services
- Government
- Healthcare
- Manufacturing
- Media
- Retail
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Integrated HR Service Delivery Solution Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Integrated HR Service Delivery Solution is a comprehensive and integrated approach to managing human resources. It includes all aspects of human resource management, from recruiting and hiring to compensation and benefits. Integrated HR Service Delivery Solution helps organizations manage their workforce more efficiently and effectively, while providing employees with the best possible workplace experience.
Some of the major players in the integrated hr service delivery solution market are ServiceNow, SAP, Meta4, Willis Towers Watson, Hyland, Dovetail Software, Infor, Oracle, Neocase Software.
The integrated hr service delivery solution market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Integrated HR Service Delivery Solution Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Integrated HR Service Delivery Solution Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Integrated HR Service Delivery Solution Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Integrated HR Service Delivery Solution Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Integrated HR Service Delivery Solution Market Size & Forecast, 2018-2028
4.5.1 Integrated HR Service Delivery Solution Market Size and Y-o-Y Growth
4.5.2 Integrated HR Service Delivery Solution Market Absolute $ Opportunity
Chapter 5 Global Integrated HR Service Delivery Solution Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Integrated HR Service Delivery Solution Market Size Forecast by Type
5.2.1 Cloud-Based
5.2.2 On-Premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Integrated HR Service Delivery Solution Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Integrated HR Service Delivery Solution Market Size Forecast by Applications
6.2.1 Financial services
6.2.2 Government
6.2.3 Healthcare
6.2.4 Manufacturing
6.2.5 Media
6.2.6 Retail
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Integrated HR Service Delivery Solution Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Integrated HR Service Delivery Solution Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Integrated HR Service Delivery Solution Analysis and Forecast
9.1 Introduction
9.2 North America Integrated HR Service Delivery Solution Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Integrated HR Service Delivery Solution Market Size Forecast by Type
9.6.1 Cloud-Based
9.6.2 On-Premises
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Integrated HR Service Delivery Solution Market Size Forecast by Applications
9.10.1 Financial services
9.10.2 Government
9.10.3 Healthcare
9.10.4 Manufacturing
9.10.5 Media
9.10.6 Retail
9.10.7 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Integrated HR Service Delivery Solution Analysis and Forecast
10.1 Introduction
10.2 Europe Integrated HR Service Delivery Solution Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Integrated HR Service Delivery Solution Market Size Forecast by Type
10.6.1 Cloud-Based
10.6.2 On-Premises
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Integrated HR Service Delivery Solution Market Size Forecast by Applications
10.10.1 Financial services
10.10.2 Government
10.10.3 Healthcare
10.10.4 Manufacturing
10.10.5 Media
10.10.6 Retail
10.10.7 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Integrated HR Service Delivery Solution Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Integrated HR Service Delivery Solution Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Integrated HR Service Delivery Solution Market Size Forecast by Type
11.6.1 Cloud-Based
11.6.2 On-Premises
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Integrated HR Service Delivery Solution Market Size Forecast by Applications
11.10.1 Financial services
11.10.2 Government
11.10.3 Healthcare
11.10.4 Manufacturing
11.10.5 Media
11.10.6 Retail
11.10.7 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Integrated HR Service Delivery Solution Analysis and Forecast
12.1 Introduction
12.2 Latin America Integrated HR Service Delivery Solution Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Integrated HR Service Delivery Solution Market Size Forecast by Type
12.6.1 Cloud-Based
12.6.2 On-Premises
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Integrated HR Service Delivery Solution Market Size Forecast by Applications
12.10.1 Financial services
12.10.2 Government
12.10.3 Healthcare
12.10.4 Manufacturing
12.10.5 Media
12.10.6 Retail
12.10.7 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Integrated HR Service Delivery Solution Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Integrated HR Service Delivery Solution Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Integrated HR Service Delivery Solution Market Size Forecast by Type
13.6.1 Cloud-Based
13.6.2 On-Premises
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Integrated HR Service Delivery Solution Market Size Forecast by Applications
13.10.1 Financial services
13.10.2 Government
13.10.3 Healthcare
13.10.4 Manufacturing
13.10.5 Media
13.10.6 Retail
13.10.7 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Integrated HR Service Delivery Solution Market: Competitive Dashboard
14.2 Global Integrated HR Service Delivery Solution Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ServiceNow
14.3.2 SAP
14.3.3 Meta4
14.3.4 Willis Towers Watson
14.3.5 Hyland
14.3.6 Dovetail Software
14.3.7 Infor
14.3.8 Oracle
14.3.9 Neocase Software
