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Global Human Resource Professional Services Market Size study, by Service, Deployment (On-Premise), Enterprise Size (Large Enterprise), End Use, and Regional Forecasts 2022-2032

Publisher Bizwit Research & Consulting
Published Feb 01, 2025
Length 285 Pages
SKU # BIZW19567297

Description

The Global Human Resource Professional Services Market is valued at approximately USD 5.63 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 13.4% over the forecast period 2024-2032. Human Resource Professional Services are pivotal in the modern corporate landscape, providing strategic support in talent acquisition, employee engagement, compliance management, and organizational development. These services are underpinned by cutting-edge technologies and practices, enabling businesses to optimize their workforce management and streamline HR functions. The increasing complexity of workforce dynamics, coupled with the growing need for compliance with labor regulations, has bolstered the adoption of professional HR services across various industries.

The market growth is fueled by factors such as the rising demand for tailored HR solutions, increasing reliance on technology-driven HR tools, and the expanding focus on enhancing employee experience. Organizations are increasingly investing in HR services to address the evolving expectations of a multigenerational workforce, focusing on aspects such as diversity, inclusion, and wellness. Moreover, the deployment of on-premise solutions has gained traction among large enterprises, which prioritize data security and centralized control of HR processes. However, challenges such as high implementation costs and resistance to adopting new technologies in traditional enterprises may hinder the market growth during the forecast period.

In 2023, North America dominated the Human Resource Professional Services Market due to the region's advanced technological infrastructure and the high adoption rate of innovative HR solutions among large enterprises. The region benefits from a strong presence of HR service providers, coupled with increased investments in workforce management solutions. Meanwhile, Asia Pacific is projected to witness the fastest growth during the forecast period, driven by rapid economic development, expanding corporate ecosystems, and a rising focus on employee-centric organizational strategies in emerging economies like China and India. Europe remains a mature market with steady growth, supported by stringent labor laws and a robust emphasis on workforce well-being.

Major market players included in this report are:
• ADP, Inc.
• Randstad N.V.
• Accenture PLC
• Deloitte LLP
• Mercer LLC
• Willis Towers Watson
• Korn Ferry
• Workday, Inc.
• Automatic Data Processing (ADP)
• BambooHR LLC
• Kronos Incorporated
• TriNet Group, Inc.
• Paychex, Inc.
• Ceridian HCM, Inc.
• Ultimate Software Group, Inc.

The detailed segments and sub-segment of the market are explained below:

By Service:
• Talent Acquisition
• Employee Engagement
• Compliance and Risk Management
• Workforce Planning

By Deployment:
• On-Premise
• Cloud-Based

By Enterprise Size:
• Small and Medium Enterprises (SMEs)
• Large Enterprises

By End Use:
• IT & Telecom
• Healthcare
• BFSI
• Retail & E-commerce
• Manufacturing
• Others

By Region:
• North America:

o U.S.

o Canada
• Europe:

o UK

o Germany

o France

o Spain

o Italy

o Rest of Europe
• Asia Pacific:

o China

o India

o Japan

o South Korea

o Australia

o Rest of Asia Pacific
• Latin America:

o Brazil

o Mexico

o Rest of Latin America
• Middle East & Africa:

o Saudi Arabia

o UAE

o South Africa

o Rest of Middle East & Africa

Key Takeaways:
• Comprehensive market estimates and forecasts for a 10-year period, spanning from 2022 to 2032.
• Regional-level analysis for each market segment.
• Insights into market drivers, challenges, and opportunities.
• Detailed country-level analysis for major regions.
• Competitive landscape highlighting major players and their strategies.
• Recommendations for market entry strategies and business approaches.
• Holistic analysis of demand and supply-side factors influencing the market.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

285 Pages
Chapter 1. Global Human Resource Professional Services Market Executive Summary
1.1. Global Human Resource Professional Services Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Service
1.3.2. By Deployment
1.3.3. By Enterprise Size
1.3.4. By End Use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Human Resource Professional Services Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Human Resource Professional Services Market Dynamics
3.1. Market Drivers
3.1.1. Rising Demand for Tailored HR Solutions
3.1.2. Increasing Reliance on Technology-Driven HR Tools
3.1.3. Expanding Focus on Enhancing Employee Experience
3.2. Market Challenges
3.2.1. High Implementation Costs
3.2.2. Resistance to Adopting New Technologies in Traditional Enterprises
3.3. Market Opportunities
3.3.1. Growth in Emerging Economies
3.3.2. Increasing Focus on Diversity, Inclusion, and Wellness
3.3.3. Advancements in HR Technologies
Chapter 4. Global Human Resource Professional Services Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Human Resource Professional Services Market Size & Forecasts by Service 2022-2032
5.1. Segment Dashboard
5.2. Global Human Resource Professional Services Market: Service Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Talent Acquisition
5.2.2. Employee Engagement
5.2.3. Compliance and Risk Management
5.2.4. Workforce Planning
Chapter 6. Global Human Resource Professional Services Market Size & Forecasts by Deployment 2022-2032
6.1. Segment Dashboard
6.2. Global Human Resource Professional Services Market: Deployment Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. On-Premise
6.2.2. Cloud-Based
Chapter 7. Global Human Resource Professional Services Market Size & Forecasts by Enterprise Size 2022-2032
7.1. Segment Dashboard
7.2. Global Human Resource Professional Services Market: Enterprise Size Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.2.1. Small and Medium Enterprises (SMEs)
7.2.2. Large Enterprises
Chapter 8. Global Human Resource Professional Services Market Size & Forecasts by End Use 2022-2032
8.1. Segment Dashboard
8.2. Global Human Resource Professional Services Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
8.2.1. IT & Telecom
8.2.2. Healthcare
8.2.3. BFSI
8.2.4. Retail & E-commerce
8.2.5. Manufacturing
8.2.6. Others
Chapter 9. Global Human Resource Professional Services Market Size & Forecasts by Region 2022-2032
9.1. North America Human Resource Professional Services Market
9.1.1. U.S. Human Resource Professional Services Market
9.1.1.1. Service Breakdown Size & Forecasts, 2022-2032
9.1.1.2. Deployment Breakdown Size & Forecasts, 2022-2032
9.1.2. Canada Human Resource Professional Services Market
9.2. Europe Human Resource Professional Services Market
9.2.1. U.K. Human Resource Professional Services Market
9.2.2. Germany Human Resource Professional Services Market
9.2.3. France Human Resource Professional Services Market
9.2.4. Spain Human Resource Professional Services Market
9.2.5. Italy Human Resource Professional Services Market
&; 9.2.6. Rest of Europe Human Resource Professional Services Market
9.3. Asia-Pacific Human Resource Professional Services Market
9.3.1. China Human Resource Professional Services Market
9.3.2. India Human Resource Professional Services Market
9.3.3. Japan Human Resource Professional Services Market
9.3.4. South Korea Human Resource Professional Services Market
9.3.5. Australia Human Resource Professional Services Market
9.3.6. Rest of Asia Pacific Human Resource Professional Services Market
9.4. Latin America Human Resource Professional Services Market
9.4.1. Brazil Human Resource Professional Services Market
9.4.2. Mexico Human Resource Professional Services Market
9.4.3. Rest of Latin America Human Resource Professional Services Market
9.5. Middle East & Africa Human Resource Professional Services Market
9.5.1. Saudi Arabia Human Resource Professional Services Market
9.5.2. UAE Human Resource Professional Services Market
9.5.3. South Africa Human Resource Professional Services Market
9.5.4. Rest of Middle East & Africa Human Resource Professional Services Market
Chapter 10. Competitive Intelligence
10.1. Key Company SWOT Analysis
10.1.1. ADP, Inc.
10.1.2. Randstad N.V.
10.1.3. Accenture PLC
10.2. Top Market Strategies
10.3. Company Profiles
10.3.1. ADP, Inc.
10.3.1.1. Key Information
10.3.1.2. Overview
10.3.1.3. Financial (Subject to Data Availability)
10.3.1.4. Product Summary
10.3.1.5. Market Strategies
10.3.2. Randstad N.V.
10.3.3. Accenture PLC
10.3.4. Deloitte LLP
10.3.5. Mercer LLC
10.3.6. Willis Towers Watson
10.3.7. Korn Ferry
10.3.8. Workday, Inc.
10.3.9. BambooHR LLC
10.3.10. Kronos Incorporated
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
List of Tables
TABLE 1. Global Human Resource Professional Services Market, Report Scope
TABLE 2. Global Human Resource Professional Services Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 3. Global Human Resource Professional Services Market Estimates & Forecasts by Service 2022-2032 (USD Million/Billion)
TABLE 4. Global Human Resource Professional Services Market Estimates & Forecasts by Deployment 2022-2032 (USD Million/Billion)
TABLE 5. Global Human Resource Professional Services Market Estimates & Forecasts by Enterprise Size 2022-2032 (USD Million/Billion)
TABLE 6. Global Human Resource Professional Services Market Estimates & Forecasts by End Use 2022-2032 (USD Million/Billion)
TABLE 7. Global Human Resource Professional Services Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 8. Global Human Resource Professional Services Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 9. Global Human Resource Professional Services Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 10. Global Human Resource Professional Services Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 11. Global Human Resource Professional Services Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 12. Global Human Resource Professional Services Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 13. Global Human Resource Professional Services Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 14. Global Human Resource Professional Services Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 15. U.S. Human Resource Professional Services Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 16. U.S. Human Resource Professional Services Market Estimates & Forecasts by Service 2022-2032 (USD Million/Billion)
TABLE 17. U.S. Human Resource Professional Services Market Estimates & Forecasts by Deployment 2022-2032 (USD Million/Billion)
TABLE 18. Canada Human Resource Professional Services Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 19. Canada Human Resource Professional Services Market Estimates & Forecasts by Service 2022-2032 (USD Million/Billion)
TABLE 20. Canada Human Resource Professional Services Market Estimates & Forecasts by Deployment 2022-2032 (USD Million/Billion)
...
This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIGURE 1. Global Human Resource Professional Services Market, Research Methodology
FIGURE 2. Global Human Resource Professional Services Market, Market Estimation Techniques
FIGURE 3. Global Market Size Estimates & Forecast Methods
FIGURE 4. Global Human Resource Professional Services Market, Key Trends 2023
FIGURE 5. Global Human Resource Professional Services Market, Growth Prospects 2022-2032
FIGURE 6. Global Human Resource Professional Services Market, Porter’s 5 Force Model
FIGURE 7. Global Human Resource Professional Services Market, PESTEL Analysis
FIGURE 8. Global Human Resource Professional Services Market, Value Chain Analysis
FIGURE 9. Global Human Resource Professional Services Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 10. Global Human Resource Professional Services Market by Deployment, 2022 & 2032 (USD Million/Billion)
FIGURE 11. Global Human Resource Professional Services Market by Enterprise Size, 2022 & 2032 (USD Million/Billion)
FIGURE 12. Global Human Resource Professional Services Market by End Use, 2022 & 2032 (USD Million/Billion)
FIGURE 13. Global Human Resource Professional Services Market, Regional Snapshot 2022 & 2032
FIGURE 14. North America Human Resource Professional Services Market 2022 & 2032 (USD Million/Billion)
FIGURE 15. Europe Human Resource Professional Services Market 2022 & 2032 (USD Million/Billion)
FIGURE 16. Asia-Pacific Human Resource Professional Services Market 2022 & 2032 (USD Million/Billion)
FIGURE 17. Latin America Human Resource Professional Services Market 2022 & 2032 (USD Million/Billion)
FIGURE 18. Middle East & Africa Human Resource Professional Services Market 2022 & 2032 (USD Million/Billion)
FIGURE 19. Global Human Resource Professional Services Market, Company Market Share Analysis (2023)
...
This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.

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