The Asia Pacific Artificial Intelligence In HR Market would witness market growth of 25.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Artificial Intelligence In HR Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,112.5 million by 2031. Japan market is registering CAGR of 24.6% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 26.2% during (2024 - 2031).
The process of recruiting in the recruitment and talent acquisition sector has already been enhanced by AI. Traditionally, recruiters would sift through piles of resumes, manually screening candidates for roles, a time-consuming process and prone to human biases.
Moreover, With AI-powered systems, this process can now be automated. Talent Acquisition (TA) has been a leading area of HR in its technological progress and introduction of AI. The GenAI HR industry size is expected to be worth around USD 1660m by 2032, greater than 50 percent of which is expected to come from TA.
The demand for AI in HR across the Asia Pacific region is growing rapidly, fueled by the need for greater efficiency and innovation in workforce management. Countries like Japan, India, and Australia are leading the charge, each driven by different sectors such as government, BFSI, and healthcare. Government initiatives like Japan’s Society 5.0, India’s AI-driven BFSI transformation, and Australia’s AI Roadmap are helping to foster AI adoption across industries.
Free Valuable Insights: The Global Artificial Intelligence In HR Market is Predict to reach USD 15.9 Billion by 2031, at a CAGR of 24.4%
Based on Component, the market is segmented into Solution (Software Platforms, Virtual Assistants, Chatbots, Analytics Solutions, and Other Solutions Type), and Services (Implementation Services, Consulting Services, and Training & Support Services). Based on Deployment Mode, the market is segmented into Cloud, and On-premise. Based on Enterprise Size, the market is segmented into Large Enterprises, and SMEs. Based on Application, the market is segmented into Recruitment & Hiring, Employee Onboarding & Engagement, Performance Management, Employee Record Management, Payroll Processing, and Other Applications. Based on End Use, the market is segmented into IT & Telecommunication, Government, BFSI, Healthcare, Education, Manufacturing, Retail & eCommerce, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
By Component
By Deployment Mode
By Enterprise Size
By Application
By End Use
By Country
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