HR Analytics: An Inclusive Market Overview

Abstract

From growing resignations to a hybrid flexible working culture, the organisational leaders are piloting talent in flux. With an extensive implementation of analytics, the human resource division is witnessing an upsurge in growth across the industries. In the data-driven world, analytic solutions empower the guiding of, recruitment, management and talent decisions seamlessly. Analytics in human resources helps in analysing the relevant data to augment the strategies, organisational performances and decision-making processes. The advent of pioneering technologies, and collaborations, play a crucial role in the rise of human resource analytics. This chapter entails a brief market description of the different factors bolstering its growth over the forecast period, along with the trends catering to the changing work scenario. It contemplates the market share analysis of the analytic solutions across different industries. The article also discusses the market size and forecasts of HR analytics across the different regions for the projected period of 2021–2030.

Keywords: Analytics, Recruitment, Human Resources, Talent, Market Trends

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