The Global Artificial Intelligence in HR Market Will Grow to USD 17.61 Billion by 2027, at a CAGR of 35.26% – ResearchAndMarkets.com – Business Wire

DUBLIN--(BUSINESS WIRE)--The "Global Artificial Intelligence in HR Market (2022-2027) by Offering, Technology, Application, Industry and Geography, Competitive Analysis and the Impact of COVID-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Artificial Intelligence in HR Market is estimated to be USD 3.89 Bn in 2022 and is expected to reach USD 17.61 Bn by 2027, growing at a CAGR of 35.26%.

Market Segmentation

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Automatic Data Processing Inc., Ceredian HCM Inc., Cezanne Inc., etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Artificial Intelligence in HR Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses Global Artificial Intelligence in HR Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

3.1 Introduction

3.2 Market Size, Segmentation, and Outlook

4 Market Dynamics

4.1 Drivers

4.1.1 Integration of Cloud and Mobile Deployment in HRM Systems

4.1.2 Increasingly Large and Complex Resumes Screening and Reduction in Biases Hiring Decision

4.1.3 Growing Emphasis on HR Process Automation

4.2 Restraints

4.2.1 Lack of Standard Regulatory Policies and Data Regulations

4.2.2 Reluctance Among HR to Adopt AI-Based Technologies

4.3 Opportunities

4.3.1 Collaboration and Partnership with the HR Organization

4.3.2 Technological Advances in AI for HR

4.4 Challenges

4.4.1 Privacy and Security Concerns

4.4.2 Requirement of Human Aspect in HR

5 Market Analysis

5.1 Regulatory Scenario

5.2 Porter's Five Forces Analysis

5.3 Impact of COVID-19

5.4 Ansoff Matrix Analysis

6 Global Artificial Intelligence in HR Market, By Offering

6.1 Introduction

6.2 Hardware

6.2.1 Processor

6.2.2 Memory

6.2.3 Network

6.3 Software

6.3.1 AI Solutions

6.3.2 AI Platform

6.4 Services

6.4.1 Deployment & Integration

6.4.2 Support & Maintenance

6.4.3 Training & Consulting

7 Global Artificial Intelligence in HR Market, By Technology

7.1 Introduction

7.2 Machine Learning

7.2.1 Deep Learning

7.2.2 Supervised Learning

7.2.3 Reinforced Learning

7.2.4 Unsupervised Learning

7.2.5 Others

7.3 Natural Language Processing

7.4 Context-aware Computing

7.5 Computer Vision

8 Global Artificial Intelligence in HR Market, By Application

8.1 Introduction

8.2 Recruitment

8.3 Performance Management

8.4 Retention

8.5 Payroll

8.6 Safety and Security

8.7 Regulatory Compliance

8.8 Others

9 Global Artificial Intelligence in HR Market, By Industry

9.1 Introduction

9.2 Academic

9.3 BFSI

9.4 Government

9.5 Healthcare

9.6 IT & Telecom

9.7 Manufacturing

9.8 Retail

9.9 Others

10 Americas' Artificial Intelligence in HR Market

10.1 Introduction

10.2 Argentina

10.3 Brazil

10.4 Canada

10.5 Chile

10.6 Colombia

10.7 Mexico

10.8 Peru

10.9 United States

10.10 Rest of Americas

11 Europe's Artificial Intelligence in HR Market

11.1 Introduction

11.2 Austria

11.3 Belgium

11.4 Denmark

11.5 Finland

11.6 France

11.7 Germany

11.8 Italy

11.9 Netherlands

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The Global Artificial Intelligence in HR Market Will Grow to USD 17.61 Billion by 2027, at a CAGR of 35.26% - ResearchAndMarkets.com - Business Wire