Integrated HR Service Delivery Solution Market Scope
Integrated HR service delivery (IHRSD) systems offer a comprehensive platform for managing HR shared-service operations and communications while delivering "information in context" to employees and management. Ticketing, content and knowledge management, incident routing, SLA monitoring, single sign-on (SSO) into transactional systems, content delivery via manager/employee self-service portals, digital HR document management, and business process management (BPM) tools are some of the features that may be available. These solutions frequently interface with administrative HR programmes and may also connect to business portals and identity management software. IHRSD systems are frequently advertised as an integrated HR knowledge base/portal with a case management application.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Sap Successfactors (United States), Meta4 (Cegid Group) (Spain), Willis Towers Watson (United Kingdom), Oracle Corporation (United States), Peopledoc (France), Servicenow (United States) and Dovetail Software (Australia) |
CAGR | 5.1% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Integrated HR Service Delivery Solution market throughout the predicted period.
Sap Successfactors (United States), Meta4 (Cegid Group) (Spain), Willis Towers Watson (United Kingdom), Oracle Corporation (United States), Peopledoc (France), Servicenow (United States) and Dovetail Software (Australia) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Integrated HR Service Delivery Solution market by Type and Region with country level break-up.
On the basis of geography, the market of Integrated HR Service Delivery Solution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In May 2023, Mastek partnered with Republic Biscuit Corporation (Rebisco) to modernize their HR system with Oracle Human Capital Management.
In September 2021, Microsoft announced its newly launched AI-powered HR analytics platform, Microsoft Dynamics 365 HR Insights.
Influencing Trend:
Integration with Machine Learning Programs Across the AI-based Platforms
Market Growth Drivers:
Demand for Managerial Efficiency Across Different Functional Levels and Digitization across Various segments Promoting Data extraction Opportunities
Challenges:
Fierce Competitive Pressure, Shift from Traditional Approach to Software Based Platform and Software Traffic Management
Restraints:
Concerns Regarding Data Leakage and Cyber Theft, Lack of Skilled Professionals and Technical Errors and Glitches
Opportunities:
Low Implementation in Small and Medium Enterprises Across the Globe and Increasing Number of Business Enterprises and Startups
Key Target Audience
Integrated HR Service Delivery Solution Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others