India Human Resource (HR) Technology Market Research and Forecast Report 2023-2028

1. India Human Resource (HR) Technology Market Research and Forecast Report 2023-2028 Author: Elena Anderson Marketing Manager Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2022 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all regions and industry verticals to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description India Human Resource (HR) Technology Market Research Report 2023-2028: According to the latest report by IMARC Group, titled "India Human Resource (HR) Technology Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the India human resource (HR) technology market size reached US$ 940 Million in 2022. Human Resource (HR) technology refers to a wide range of software and digital tools used to automate and manage various HR functions within an organization. It includes applicant tracking systems (ATS), HR management systems (HRMS), payroll software, employee engagement platforms, and learning management systems (LMS) as standard technologies. These platforms help organizations improve efficiency, accuracy, and productivity by reducing manual tasks, eliminating errors, and providing real-time data analytics. Besides this, HR technology solutions enhance the employee experience, making it easier for employees to access information, request time off, and communicate with HR professionals. It provides organizations with greater visibility into their workforce, allowing them to make data-driven decisions about talent management and succession planning. Request for a PDF sample of this report: https://www.imarcgroup.com/india-human-resource- technology-market/requestsample

4. Report Description and Highlights Report Description India Human Resource (HR) Technology Market Trends: The increasing product adoption by numerous businesses in the country to reduce costs and enhance overall productivity by automating various administrative activities, such as payroll, recruitment and onboarding, talent management, and performance review, is primarily driving the market growth. Besides this, the rapid industrialization and urbanization and the implementation of favorable initiatives by the Government of India (GoI) supporting the digitization of business operations are contributing to the market growth. Moreover, the growing focus on employee well-being and engagement to enhance employee productivity and retention is fuelling the adoption of HR technology. The solution offers employee surveys, wellness programs, and recognition and reward programs, which, in turn, is creating a positive outlook for the market. Additionally, the rising demand for HR solutions with social media recruiting and applicant tracking system (ATS) features that can help organizations identify, attract, and retain the best talent is aiding in market expansion. Furthermore, innovative technological advancements, such as the integration of HR technology with cloud computing, software-as-a-service (SaaS), predictive analytics, artificial intelligence (AI), business intelligence (BI), and dashboards, are presenting remunerative growth opportunities for the market. In line with this, the advent of mobile-enabled HR applications and solutions that enable better communication and collaboration between employees, managers, and HR personnel is strengthening the market growth. Looking forward, the market value is projected to reach US$ 1,640 Million by 2028, expanding at a CAGR of 9.5% during 2023-2028. View technology-market Report TOC, Figures and Tables: https://www.imarcgroup.com/india-human-resource-

5. Report Description and Highlights Report Description Key Market Segmentation The research report includes the following segments: Breakup by Application: •Talent Management •Payroll Management •Performance Management •Workforce Management •Recruitment •Others Breakup by Type: •Inhouse •Outsourced Breakup by End Use Industry: •TTH (Travel, Transportation, Hospitality) •Public Sector •Health Care

6. Report Description and Highlights Report Description •Information Technology •BFSI (Banking, Financial Services, and Insurance) •Others Breakup by Company Size: •Less than 1k Employees •1k - 5k Employees •Greater than 5k Employees Breakup by Region: •North India •West and Central India •South India •East India

7. Key Questions Answered in the Report Report Description 1. 2. What was the size of the India Human Resource (HR) technology market in 2022? What is the expected growth rate of the India Human Resource (HR) technology market during 2023-2028? What are the key factors driving the India Human Resource (HR) technology market? What has been the impact of COVID-19 on the India Human Resource (HR) technology market? What is the breakup of the India Human Resource (HR) technology market based on the application? What is the breakup of the India Human Resource (HR) technology market based on the type? What is the breakup of the India Human Resource (HR) technology market based on the end use industry? What is the breakup of the India Human Resource (HR) technology market based on the company size? What are the key regions in the India Human Resource (HR) technology market? 3. 4. 5. 6. 7. 8. 9.

8. Report DescriptionTable of Contents 1 Preface 2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology 3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 India Human Resource (HR) Technology Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast

9. Report DescriptionTable of Contents 6 Market Breakup by Application 6.1 Talent Management 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Payroll Management 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Performance Management 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Workforce Management 6.4.1 Market Trends 6.4.2 Market Forecast 6.5 Recruitment 6.5.1 Market Trends 6.5.2 Market Forecast Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/india-human-resource-technology-market/toc

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12. Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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