Global HR Software Market Set for Steady Growth in Coming Years, Driven by Consulting Services and BFSI Vertical Needs
• Global core HR software market to grow from $10.7B in 2023 to $15.1B in 2028, a 7% CAGR • Consulting services expected to see high CAGR due to role in complex HR software implementations • BFSI vertical to retain considerable market share in 2023 due to workforce management needs • Middle East and Africa (MEA) to have 2nd highest CAGR amid digital transformation initiatives • Market participants range from Tier I to III companies with global reach across regions