PUBLISHER: Grand View Research | PRODUCT CODE: 1588661
PUBLISHER: Grand View Research | PRODUCT CODE: 1588661
The global HR professional services market size is estimated to reach USD 13.55 billion by 2030, expanding at a CAGR of 13.4% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for human resource (HR) processes and the need to manage remote teams due to ongoing workplace transformation are creating demand for HR professional services.
Growing awareness among enterprises regarding the benefits of advanced Human Resource Management (HRM) services, particularly HR professional services, is playing a key role in improving employee retention and promoting satisfactory work-life balance.
Advancements in the field of big data analytics and Artificial Intelligence (AI) over the last decade have prompted numerous organizations to integrate these technologies into their business processes. Adoption of these advanced technologies aids organizations in gaining tactical conclusions regarding future market trends by analyzing HR data.
Automation of HR operations enables a reduction in the workload of HR personnel. This further offers them sufficient time to invest in strategic decision-making. Moreover, the use of predictive analytics in crucial processes such as talent management, succession planning, and career management makes management tasks easy. Benefits such as improved performance and ease of upgrading technology are expected to lead to extensive adoption of hosted HR professional services.