Press release
HR Services Market Outlook 2021: Global Industry Share and Forecast by 2030
Market Definition
Human resource (HR) agencies offer a wide range of onsite and offsite HR services to businesses, including payroll services, benefit administration services, and HR consulting solutions. Typically, smaller businesses that may not have in-house HR departments outsource work to these agencies. Larger companies often utilize consulting solutions offered by HR agencies to improve productivity within their internal departments. The services offered by HR agencies vary. Larger firms can offer a wide range of services and serve as a complete outsourced HR department for businesses. Other firms are highly specialized and may only offer services in specific areas.
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HR Services Market Pricing
The average cost for an HRIS system is USD 8,750 per user over a five year period or USD 145 per user per month. For larger companies, this cost increases to USD 11,200 per user over five years, breaking down to USD 187 per user per month. We've found that larger companies are spending more per user on their HRIS system.
Market Scope
The research report on the HR Services Market provides a detailed analysis of the current market trends and future estimations to elucidate the imminent investment pockets. Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided. Porter's five forces analysis illuminates the potency of suppliers and buyers operating in the market. The quantitative analysis of the HR Services Market from 2022 to 2030 determines the market potential.
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This report also contains the market size, untapped opportunity index, and forecasts of HR Servicesin the global market, including the following market information:
Global HR Services Market Revenue, 2018-2021, 2022-2030, (USD Millions)
Global HR Services Market Sales, 2018-2021, 2022-2030, (Units)
Global top five HR Servicescompanies in 2021 (%)
Regional Research Reports has surveyed the HR Servicesmanufacturers, suppliers, distributors, and industry experts in this end-use Industry, involving the consumption, production, revenue generators, demand-side, supply-side, price change, product type analysis, recent development and strategies, industry trends, drivers, challenges, obstacles, and potential risks.
HR Services Market Segmentation
Global HR Services Market, By Deployment Model, 2022-2030
On-Premise
Cloud
Hybrid
Global HR Services Market, By Component, 2022-2030
Solution
Services
Global HR Services Market, By End User, 2022-2030
Small Business
Mid Market
Enterprise
Global HR Services Market, By Industry, 2022-2030
BFSI
Healthcare
Energy & Utility
IT & Telecommunication
Retail & E-commerce
Manufacturing
Government & Defense
Media & Entertainment
Others
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Global HR Services Market, By Region and Country, 2022-2030
North America
US
Canada
Mexico
Europe
Germany
France
The U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of the Middle East & Africa
Analysis of leading market companies and participants, including:
Key companies HR Services revenues in the global market, 2018-2021 (Estimated), (USD Millions)
Key companies HR Services revenues share in global market, 2021 (%)
Key companies HR Services sales in the global market, 2018-2021 (Estimated), (MT)
Key companies HR Services sales share in global market, 2021 (%)
Further, the report detailed out about the leading competitors in the market, namely:
Lumity
BetterManager
Hone
SuccessCOACHING
Runa
Sigrid
Cognician
Zenefits Services
ADP Payroll
SHRM
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Contact US:
Richard Watson
414 S Reed St, Lakewood,
Colorado, 80226, USA
USA: +1 (844) 910-4477
Email: sales@regionalresearchreports.com
Web: https://www.regionalresearchreports.com
Regional Research Reports solves all the data problems by providing industry analytics data that is easy to understand and reliable. We are a leading provider of custom and exclusive market research reports; we provide state-of-the-art business analysis to clients across multiple sectors.
Our research team is highly qualified to benefit well-establish companies and startups with their market research needs. In a world where endless disruption is the norm, not the exception, Regional Research Reports provides the foundation for a strategy to identify opportunities and challenges early and win customers. Since our founding, we have been working closely with large multinationals and small and medium-sized enterprises (SMEs). Today, we are proud to have 80% of our Fortune 2000 customers as our customers.
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