North America Core HR Software Market Report and Forecast 2025-2034

The North America core HR software market size reached nearly USD 3.47 Billion in 2024. The market is projected to grow at a CAGR of 7.10% between 2025 and 2034, reaching almost USD 6.89 Billion by 2034.

The increasing demand for human resources technology is positively influencing the North America core HR software market growth. This is because advanced software enables HR professionals to optimise their core functions and streamline time-consuming tasks. This provides organisations with an opportunity to improve their recruitment practices and develop new strategies for employee engagement and retention.

Organisations can also focus on minimising employee fatigue by integrating change management policies with HR technology platforms, thereby improving employee experience and management practices. This is expected to accelerate the North America core HR software market expansion in the forecast period.

Technological advancements are facilitating rapid changes in core HR software applications. With the integration of artificial intelligence and machine learning algorithms into the software, employee turnover has been significantly reduced by providing personalised strategies for individual learning and development to employees.

Workforce planning has become a relatively easier exercise with the help of data analytics tools, which is prompting an increase in the adoption of core HR software across the region. Over the forecast period, the increasing demand for technically qualified candidates in domains such as IT and finance is expected to drive the North America core HR software market development.

Employee well-being is taking centre stage in many human resource management policies. In the USA, nearly 88% of companies are expected to offer online resources for mental health support to their employees in 2024. This is expected to further boost the demand for innovative software solutions for human resource management practices in the coming years.

Market Segmentation

North America Core HR Software Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Component

Software
Services

Market Breakup by Type

Learning Management
Payroll and Compensation Management
Personnel Management
Pension Management
Compliance Management
Benefits and Claims Management
Others

Market Breakup by Deployment

Cloud
On-Premises

Market Breakup by Enterprise Size

Small and Medium-Size Enterprise
Large Enterprise

Market Breakup by End User

BFSI
IT and Telecom
Manufacturing
Government
Healthcare
Energy and Utilities
Consumer Goods and Retail
Others

Market Breakup by Country

United States of America
Canada

The key North America core HR software market players are Ceridian HCM Holding, Inc., Oracle Corp., SAP SE., Automatic Data Processing, Inc., UKG Inc., Paychex Holdings, LLC., Paylocity Corporation, ZenPayroll, Inc., (Gusto), Workday Inc., and Zoho Corporation Pvt. Ltd., among others.
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