Compared to the values recorded in 2019, firms headquartered in the Asia-Pacific region (APAC) are predicted to expand their share in the global HR tech market by 1.6 percent by 2025. On the other hand, North American companies are predicted to generate 77.7 percent of the global HR tech market's revenue in 2025. Notably absent are Africa and Latin America, accounting only for 0.3 percent of the market. This reflects the lack of headquarters in those regions. Find more insights about the sector in the latest Statista's report on HR Tech.
Estimated market share of worldwide HR tech industry in 2019 with a forecast for 2025, by region of headquarter
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Statista. (January 1, 2021). Estimated market share of worldwide HR tech industry in 2019 with a forecast for 2025, by region of headquarter [Graph]. In Statista. Retrieved November 17, 2024, from https://www.statista.com/statistics/1197592/market-shares-by-region-of-headquarters-hr-tech/
Statista. "Estimated market share of worldwide HR tech industry in 2019 with a forecast for 2025, by region of headquarter." Chart. January 1, 2021. Statista. Accessed November 17, 2024. https://www.statista.com/statistics/1197592/market-shares-by-region-of-headquarters-hr-tech/
Statista. (2021). Estimated market share of worldwide HR tech industry in 2019 with a forecast for 2025, by region of headquarter. Statista. Statista Inc.. Accessed: November 17, 2024. https://www.statista.com/statistics/1197592/market-shares-by-region-of-headquarters-hr-tech/
Statista. "Estimated Market Share of Worldwide Hr Tech Industry in 2019 with a Forecast for 2025, by Region of Headquarter." Statista, Statista Inc., 1 Jan 2021, https://www.statista.com/statistics/1197592/market-shares-by-region-of-headquarters-hr-tech/
Statista, Estimated market share of worldwide HR tech industry in 2019 with a forecast for 2025, by region of headquarter Statista, https://www.statista.com/statistics/1197592/market-shares-by-region-of-headquarters-hr-tech/ (last visited November 17, 2024)
Estimated market share of worldwide HR tech industry in 2019 with a forecast for 2025, by region of headquarter [Graph], Statista, January 1, 2021. [Online]. Available: https://www.statista.com/statistics/1197592/market-shares-by-region-of-headquarters-hr-tech/