Market Forecast By Application Area (Payroll, Retention, Recruitment, Workforce Management, Employee Engagement, Employee Development), By Vertical (Consumer goods and retail, BFSI, IT and telecom, Manufacturing, Healthcare, Education, Others), By Component (Solutions, Service), By Deployment Type (On-premises, Cloud), By Organization Size (Large Enterprises, Small and Medium-Sized Enterprises (SMEs)) And Competitive Landscape
Product Code: ETC4398156 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Report Name | Australia HR Analytics Market |
Forecast period | 2025-2031 |
CAGR | 6.3% |
Growing Sector | Healthcare |
Australia HR Analytics Market report thoroughly covers, By Application Area, By Vertical, By Component, By Deployment Type, and By Organization Size. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia HR Analytics Market has seen a rapid increase in the use of HR analytics in recent years. This can be attributed to several factors such as the increasing competition among businesses, a shortage of skilled workers, and the need for organizations to make data-driven decisions.HR analytics has become an essential tool for businesses to gain insights into their workforce and make informed decisions on matters such as recruitment, employee development, and performance evaluation. With the help of HR analytics, companies can identify skill gaps in their workforce, determine the effectiveness of training programs, and even predict potential turnover rates.
According to 6Wresearch, the Australia HR Analytics Market size is anticipated to grow at a CAGR of 6.3 during the forecast period 2025-2031. Technological advancements have led to the development of new tools and software specifically designed for HR analytics. These tools make it easier for organizations to collect, clean, and analyze data from various sources such as employee surveys, performance reviews, and recruitment databases. Another major factor contributing to the Australia HR Analytics Market Growth is the widespread adoption of cloud-based solutions. With the continuous advancements in technology and the increasing demand for data-driven decision-making, the future of HR analytics in Australia looks bright. It is expected that more organizations will adopt HR analytics to gain a competitive advantage and stay ahead of their competition. Moreover, as the workforce becomes more diverse and globalized, there will be a greater need for HR analytics to manage and optimize performance across different cultures and backgrounds.
In the dynamic landscape of Australia HR Analytics Market, several leading players have emerged, standing out for their innovative solutions and comprehensive analytics services. Among them, HR Analytica leads the charge with its cutting-edge predictive analysis tools designed to optimize workforce planning and enhance employee performance. Following closely is PeopleInsight, renowned for its user-friendly interface and detailed analytical reports that empower HR professionals with actionable insights. Another key player, TalentMetrics, offers specialized services in talent acquisition and retention strategies, leveraging big data to forecast hiring trends and identify skill gaps.
The government has recognized the importance of HR analytics in modern-day business operations and has taken steps to promote its growth. The Fair Work Commission, which regulates workplace relations in Australia, has encouraged the use of HR analytics to ensure fair treatment of employees and prevent discrimination. Australia has stringent privacy laws, including the Privacy Act 1988 and the Australia Privacy Principles (APPs). These laws regulate the collection, use, and disclosure of personal information by organizations, including HR data. Companies operating in the HR Analytics space must ensure compliance with these regulations to protect employee privacy rights.
The Fair Work Act 2009 governs employment standards, including minimum wages, working hours, leave entitlements, and termination procedures. HR Analytics solutions can help organizations comply with these regulations by monitoring workforce metrics related to wages, hours worked, and leave accruals. In addition to privacy laws, Australia organizations must comply with data protection and cybersecurity regulations to safeguard HR data from unauthorized access, breaches, and cyber threats. Compliance with standards such as the Australia Privacy Principles (APPs) and the Notifiable Data Breaches (NDB) scheme is essential for HR Analytics providers to maintain data security and integrity.
The future of the Australia HR Analytics Industry appears promising, with a growing recognition of the strategic value that data-driven insights can bring to human resources management. As organizations continue to emphasize efficiency, productivity, and employee engagement, the demand for sophisticated HR analytics tools is expected to surge. Additionally, advancements in artificial intelligence and machine learning technologies are set to further revolutionize the HR analytics landscape, making it more predictive and prescriptive. This will enable HR professionals in Australia to stay ahead of workforce changes and drive organizational success more effectively.
According to Ravi Bhandari, Research Head, 6Wresearch, the most significant growth is expected in the recruitment and employee engagement areas. Employee engagement analytics, on the other hand, helps organizations improve employee satisfaction and retention rates by analyzing data such as employee feedback, performance metrics, and career growth opportunities.
The BFSI sector is expected to have the highest growth rate due to its high demand for data-driven decision-making in areas such as talent management, workforce planning, and performance tracking.
While on-premises solutions have been traditionally preferred due to data security concerns, the rise of cloud technology has made it easier for organizations to access and store large amounts of data securely.
Large enterprises have traditionally been dominating the Australia HR Analytics Market Share over the forecast years due to their larger employee base and resources.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia HR Analytics Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia HR Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 Australia HR Analytics Market - Industry Life Cycle |
3.4 Australia HR Analytics Market - Porter's Five Forces |
3.5 Australia HR Analytics Market Revenues & Volume Share, By Application Area , 2021 & 2031F |
3.6 Australia HR Analytics Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 Australia HR Analytics Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Australia HR Analytics Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.9 Australia HR Analytics Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Australia HR Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of advanced technologies in HR functions |
4.2.2 Growing focus on data-driven decision-making in organizations |
4.2.3 Rising demand for workforce optimization and productivity enhancement tools |
4.3 Market Restraints |
4.3.1 Data privacy and security concerns related to HR data |
4.3.2 Lack of skilled professionals to effectively utilize HR analytics tools |
4.3.3 Resistance to change and traditional mindset in some organizations |
5 Australia HR Analytics Market Trends |
6 Australia HR Analytics Market, By Types |
6.1 Australia HR Analytics Market, By Application Area |
6.1.1 Overview and Analysis |
6.1.2 Australia HR Analytics Market Revenues & Volume, By Application Area , 2021-2031F |
6.1.3 Australia HR Analytics Market Revenues & Volume, By Payroll, 2021-2031F |
6.1.4 Australia HR Analytics Market Revenues & Volume, By Retention, 2021-2031F |
6.1.5 Australia HR Analytics Market Revenues & Volume, By Recruitment, 2021-2031F |
6.1.6 Australia HR Analytics Market Revenues & Volume, By Workforce Management, 2021-2031F |
6.1.7 Australia HR Analytics Market Revenues & Volume, By Employee Engagement, 2021-2031F |
6.1.8 Australia HR Analytics Market Revenues & Volume, By Employee Development, 2021-2031F |
6.2 Australia HR Analytics Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 Australia HR Analytics Market Revenues & Volume, By Consumer goods and retail, 2021-2031F |
6.2.3 Australia HR Analytics Market Revenues & Volume, By BFSI, 2021-2031F |
6.2.4 Australia HR Analytics Market Revenues & Volume, By IT and telecom, 2021-2031F |
6.2.5 Australia HR Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.6 Australia HR Analytics Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.7 Australia HR Analytics Market Revenues & Volume, By Education, 2021-2031F |
6.3 Australia HR Analytics Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Australia HR Analytics Market Revenues & Volume, By Solutions, 2021-2031F |
6.3.3 Australia HR Analytics Market Revenues & Volume, By Service, 2021-2031F |
6.4 Australia HR Analytics Market, By Deployment Type |
6.4.1 Overview and Analysis |
6.4.2 Australia HR Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
6.4.3 Australia HR Analytics Market Revenues & Volume, By Cloud, 2021-2031F |
6.5 Australia HR Analytics Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 Australia HR Analytics Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.5.3 Australia HR Analytics Market Revenues & Volume, By Small and Medium-Sized Enterprises (SMEs), 2021-2031F |
7 Australia HR Analytics Market Import-Export Trade Statistics |
7.1 Australia HR Analytics Market Export to Major Countries |
7.2 Australia HR Analytics Market Imports from Major Countries |
8 Australia HR Analytics Market Key Performance Indicators |
8.1 Adoption rate of HR analytics solutions among organizations |
8.2 Rate of integration of HR analytics tools with existing HR systems |
8.3 Improvement in employee retention and productivity after implementation of HR analytics solutions |
9 Australia HR Analytics Market - Opportunity Assessment |
9.1 Australia HR Analytics Market Opportunity Assessment, By Application Area , 2021 & 2031F |
9.2 Australia HR Analytics Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 Australia HR Analytics Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Australia HR Analytics Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.5 Australia HR Analytics Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Australia HR Analytics Market - Competitive Landscape |
10.1 Australia HR Analytics Market Revenue Share, By Companies, 2024 |
10.2 Australia HR Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |