Lamea HR Analytics Market By Component (Solution and Services), By Organization Size (Large Enterprises and Small & Medium Sized Enterprises), By Deployment Mode (On-premise and Cloud), By Application (Workforce Management, Retention, Recruitment, Payroll, Employee Engagement, Others), By End User (BFSI, Healthcare & Life Sciences, Manufacturing, Education & Legal, Telecom & IT, Consumer Goods & Retail and Others)

Analysis of Market Size & Trends

The Latin America, Middle East and Africa HR Analytics Market would witness market growth of 17.2% CAGR during the forecast period (2019?2025).

HR analytics deals with gathering data on employee efficiency and also aims to provide insight into each process by gathering data and then using it to make relevant decisions about how to improve processes. Business leaders can analyze this data from previous mergers, acquisitions, layoffs, and use to it predict and deal with any changes they want to have in their company. They can do this because the data they get from HR will enable them to study their employees' behavior, the patterns of overtime, how they use their time, etc. This helps them in understanding the performance and production of their workforce.

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AI has displayed tremendous potential for solving HR problems, including, producing reports, taking care of service tickets, and ensuring data are stored and disseminated accurately without needing human intervention. However, there are limitations. It is widely agreed that there are some things AI can?t replace, such as human creativity, emotional intelligence, and empathy, to name a few. When companies first launch their business, they are often too wrapped up in startup mode to foresee the needs of the business at scale.

Based on Component, the market is segmented into Solution and Services. Services are further categorized into Integration & Deployment, Advisory & Consulting and Support & Maintenance. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Sized Enterprises. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on Application, the market is segmented into Workforce Management, Retention, Recruitment, Payroll, Employee Engagement, Others. Based on End User, the market is segmented into BFSI, Healthcare & Life Sciences, Manufacturing, Education & Legal, Telecom & IT, Consumer Goods & Retail and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Oracle Corporation, SAP SE, Infor, Inc., The Sage Group Plc., IBM Corporation, Microstrategy Incorporated, ZOHO Corporation Pvt. Ltd., Sisense, Inc., Visier, Inc. and Workday, Inc.

Scope of the HR Analytics Market

Market Segmentation:

By Component

• Solution
• Services
  • Integration & Deployment
  • Advisory & Consulting
  • Support & Maintenance

By Application

• Workforce Management
• Retention
• Recruitment
• Payroll
• Employee Engagement
• Others

By Organization Size

• Large Enterprises
• Small & Medium Sized Enterprises

By Deployment Mode

• On-premise
• Cloud

By End User

• BFSI
• Healthcare & Life Sciences
• Manufacturing
• Education & Legal
• Telecom & IT
• Consumer Goods & Retail
• Others

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Oracle Corporation
• SAP SE
• Infor, Inc.
• The Sage Group Plc.
• IBM Corporation
• Microstrategy Incorporated
• ZOHO Corporation Pvt. Ltd.
• Sisense, Inc.
• Visier, Inc.
• Workday, Inc.