Emerging Trends Influencing The Growth Of The Generative Artificial Intelligence (AI) In Human Resources (HR) Market: Generative AI In HR With Beanery's TalentGPT Revolutionizing Talent Management And Engagement

The Generative Artificial Intelligence (AI) In Human Resources (HR) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Generative Artificial Intelligence (AI) In Human Resources (HR) Market Size Expected to Be by 2034?
The generative AI in human resources (HR) market size will grow from $0.63 billion in 2024 to $0.75 billion in 2025, with a CAGR of 18.3%. The historic growth is attributed to the rise in data-driven decision-making, growing demand for personalized employee experiences, advancements in recruitment processes, the emergence of advanced analytics tools, and the shift to remote and hybrid work environments.

The generative AI in human resources market size is projected to reach $1.45 billion in 2029 at a CAGR of 17.9%. The growth is attributed to AI adoption in workforce management, demand for employee engagement strategies, real-time feedback, continuous learning, predictive analytics, and AI-HR system integration. Key trends include AI-powered chatbots, machine learning for talent management, personalized employee experiences, AI in recruiting, perfo

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What Are the Emerging Segments Within the Generative Artificial Intelligence (AI) In Human Resources (HR) Market?
The generative artificial intelligence (AI) in human resources (hr) market covered in this report is segmented -

1) By Technology: Machine Learning, Natural Language Processing, Deep Learning, Computer Vision, Robotic Process Automation
2) By Deployment Mode: Cloud-Based, On-Premise
3) By Application: Recruiting And Hiring, Onboarding, Performance Management, Improved Efficiency, Other Applications

Subsegments:
1) By Machine Learning: Predictive Analytics For Employee Retention, Talent Acquisition And Recruitment Optimization, Performance Evaluation Models, Employee Engagement Analysis, Skills Gap Analysis
2) By Natural Language Processing (NLP): Automated Resume Screening And Parsing, Chatbots For Candidate Interaction, Sentiment Analysis Of Employee Feedback, Personalized Communication And Engagement Tools, Job Description Optimization
3) By Deep Learning: Candidate Skill Matching And Assessment, Video Interview Analysis, Employee Training Personalization, Advanced Predictive Models For Workforce Planning, Learning Experience Platforms (LEPs)
4) By Computer Vision: Facial Recognition For Attendance Tracking, Analysis Of Employee Behavior And Engagement, Virtual Reality (VR) For Training Simulations, Safety Monitoring In Workplace Environments, Automated Visual Inspections For Facilities Management
5) By Robotic Process Automation (RPA): Automating Repetitive HR Tasks (e.g., Onboarding), Data Entry And Record Management Automation, Payroll Processing And Compliance Automation, Employee Self-Service Portals, HR Reporting And Analytics Automation.

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What Long-Term Drivers Are Shaping Generative Artificial Intelligence (AI) In Human Resources (HR) Market Trends?
Rising demand for automation is likely to support generative AI in human resources. As businesses seek efficiency and accuracy, automation helps reduce manual efforts. Generative AI streamlines HR by managing candidate screening, creating job descriptions, and evaluating performance. A January 2022 report by the DCMS and Capital Economics predicted AI adoption to grow from 15.1% in 2020 to 22.7% in 2025, with around 1.3 million businesses using AI by 2040. This trend is advancing AI use in HR.

Who Are the Top Competitors in Key Generative Artificial Intelligence (AI) In Human Resources (HR) Market Segments?
Major companies operating in the generative artificial intelligence (AI) in human resources (HR) market are International Business Machines Corp., Oracle Corporation, SAP SE, Automatic Data Processing Inc, Workday Inc., Cegid Group S.A., Cornerstone OnDemand Inc, Phenom People Inc, Jobvite Inc, Harver B.V., Eightfold AI Inc., Beamery Inc., Paradox Inc., Workable Technology Limited, ClearCompany Inc., Aisera Inc., Gloat Inc, JobAdder Operations Pty Ltd, SeekOut, TEXTIO INC., TalentGuard Inc., Cezanne HR Limited, Pymetrics Inc

What Trends Are Expected to Dominate the Generative Artificial Intelligence (AI) In Human Resources (HR) Market in the Next 5 Years?
In the human resources (HR) market, companies are developing proprietary AI technology to enhance recruitment, automate HR tasks, and improve workforce management. For instance, Beamery launched TalentGPT in March 2023, which personalizes HR processes using both proprietary AI and large language models. This technology adapts to specific organizational needs, transforming HR practices by offering highly customized solutions.

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Which Regions Are Becoming Hubs for Generative Artificial Intelligence (AI) In Human Resources (HR) Market Innovation?
North America was the largest region in the generative artificial intelligence (AI) in human resources (HR) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative artificial intelligence (AI) in human resources (HR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Generative Artificial Intelligence (AI) In Human Resources (HR) Market?
2. What is the CAGR expected in the Generative Artificial Intelligence (AI) In Human Resources (HR) Market?
3. What Are the Key Innovations Transforming the Generative Artificial Intelligence (AI) In Human Resources (HR) Industry?
4. Which Region Is Leading the Generative Artificial Intelligence (AI) In Human Resources (HR) Market?

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