Healthcare human resources (HR) software market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 1,765.23 million by 2028 and will grow at a CAGR of 4.55% in the above mentioned forecast period.
Human resource (HR) software helps in maintaining the confidential data such as address, information of employee, contact number and fiscal data. HR software is only software that offer Software-as-a-Service (SaaS) model that is helpful in total employee lifecycle management capabilities.
The rapid increase in automation of healthcare fuel is amongst the important factors intensifying the growth and demand of healthcare human resources (HR) software market. In addition, the rising geriatric population and consequent growth in the prevalence of chronic diseases as well as outbreak of pandemic across the world is also contributing to growth in the global market over the forecast period of 2021 to 2028. Also the increasing aging nursing workforce along with an inadequate number of programs offered, the demand for skilled nurses is outpacing the supply which is also enhancing the growth of the market.
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North America region leads the healthcare human resources (HR) software market owing to the increasing development in healthcare sector within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rapid increase in the number of healthcare organization in this particular region.
The major players covered in the healthcare human resources (HR) software market report are Paychex Inc., Paycom, Sumtotal Systems, LLC, a Skillsoft Company, SAP SE, Ceridian HCM, Inc., Software Advice, Inc., Uneecops Workplace Solutions Pvt. Ltd., Workday, Inc., PIE Software Pvt Ltd., Capterra Inc., Bizex Management Solutions Pvt Ltd, Zucchetti s.p.a., GRM Information Management, Razorpay, Napier Healthcare Solutions Pte Ltd, Saba Software, UKG Inc., IBM Corporation, EmployWise and Oracle among other domestic and global players.
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