Product Code: ETC4416260 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Hungary Core HR Software market is witnessing rapid growth due to the increasing adoption of digital HR solutions by organizations of all sizes. Core HR software streamlines various HR processes such as payroll management, employee attendance tracking, performance management, and recruitment. Factors such as workforce demographics, regulatory compliance, and the need for data-driven decision-making are driving the demand for Core HR software solutions in Hungary.
The Hungary Core HR Software market is propelled by the digital transformation initiatives undertaken by organizations to streamline HR processes and enhance workforce management efficiency. Core HR software solutions offer functionalities such as employee data management, payroll processing, benefits administration, and compliance management, which are essential for modern HR operations. As businesses recognize the importance of automation and data-driven decision-making in HR functions, the demand for core HR software continues to grow. Moreover, the increasing adoption of cloud-based HR solutions, coupled with the need for remote workforce management tools in the wake of the COVID-19 pandemic, further drives market expansion.
Challenges in the Hungary core HR software market may include data security concerns, especially with the implementation of GDPR regulations. Additionally, convincing traditional businesses to adopt digital HR solutions and competition from international players could pose obstacles to market growth.
The government in Hungary recognizes the importance of digitalization in human resource management and has implemented policies to support the growth of the core HR software market. Initiatives include providing incentives for businesses to adopt HR software solutions, fostering collaboration between technology firms and educational institutions to develop skilled workforce, and ensuring data privacy and security regulations are upheld.
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 Hungary Core HR Software Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Core HR Software Market Revenues & Volume, 2021 & 2031F |
3.3 Hungary Core HR Software Market - Industry Life Cycle |
3.4 Hungary Core HR Software Market - Porter's Five Forces |
3.5 Hungary Core HR Software Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Hungary Core HR Software Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.7 Hungary Core HR Software Market Revenues & Volume Share, By Deployment Type , 2021 & 2031F |
3.8 Hungary Core HR Software Market Revenues & Volume Share, By Software, 2021 & 2031F |
3.9 Hungary Core HR Software Market Revenues & Volume Share, By Services, 2021 & 2031F |
3.10 Hungary Core HR Software Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Hungary Core HR Software Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital HR solutions in Hungary |
4.2.2 Growing focus on enhancing workforce productivity and efficiency |
4.2.3 Demand for advanced HR analytics and reporting capabilities |
4.3 Market Restraints |
4.3.1 Resistance to change from traditional HR processes |
4.3.2 Budget constraints for small and medium-sized enterprises |
4.3.3 Data privacy and security concerns related to HR software usage |
5 Hungary Core HR Software Market Trends |
6 Hungary Core HR Software Market, By Types |
6.1 Hungary Core HR Software Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Hungary Core HR Software Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Hungary Core HR Software Market Revenues & Volume, By Software, 2021-2031F |
6.1.4 Hungary Core HR Software Market Revenues & Volume, By Services, 2021-2031F |
6.2 Hungary Core HR Software Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Hungary Core HR Software Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 Hungary Core HR Software Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Hungary Core HR Software Market, By Deployment Type |
6.3.1 Overview and Analysis |
6.3.2 Hungary Core HR Software Market Revenues & Volume, By On-Premises, 2021-2031F |
6.3.3 Hungary Core HR Software Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 Hungary Core HR Software Market, By Software |
6.4.1 Overview and Analysis |
6.4.2 Hungary Core HR Software Market Revenues & Volume, By Benefits and Claims Management, 2021-2031F |
6.4.3 Hungary Core HR Software Market Revenues & Volume, By Payroll and Compensation Management, 2021-2031F |
6.4.4 Hungary Core HR Software Market Revenues & Volume, By Personnel Management, 2021-2031F |
6.4.5 Hungary Core HR Software Market Revenues & Volume, By Learning Management, 2021-2031F |
6.4.6 Hungary Core HR Software Market Revenues & Volume, By Pension Management, 2021-2031F |
6.4.7 Hungary Core HR Software Market Revenues & Volume, By Compliance Management, 2021-2031F |
6.5 Hungary Core HR Software Market, By Services |
6.5.1 Overview and Analysis |
6.5.2 Hungary Core HR Software Market Revenues & Volume, By Integration Services, 2021-2031F |
6.5.3 Hungary Core HR Software Market Revenues & Volume, By Maintenance and Support, 2021-2031F |
6.5.4 Hungary Core HR Software Market Revenues & Volume, By Consulting, 2021-2031F |
6.6 Hungary Core HR Software Market, By Vertical |
6.6.1 Overview and Analysis |
6.6.2 Hungary Core HR Software Market Revenues & Volume, By Government, 2021-2031F |
6.6.3 Hungary Core HR Software Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.6.4 Hungary Core HR Software Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.6.5 Hungary Core HR Software Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.6.6 Hungary Core HR Software Market Revenues & Volume, By Healthcare, 2021-2031F |
6.6.7 Hungary Core HR Software Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.6.8 Hungary Core HR Software Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.6.9 Hungary Core HR Software Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
7 Hungary Core HR Software Market Import-Export Trade Statistics |
7.1 Hungary Core HR Software Market Export to Major Countries |
7.2 Hungary Core HR Software Market Imports from Major Countries |
8 Hungary Core HR Software Market Key Performance Indicators |
8.1 Employee engagement levels through HR software utilization |
8.2 Reduction in time spent on manual HR activities |
8.3 Increase in employee satisfaction and retention rates |
8.4 Improvement in HR process automation efficiency |
8.5 Adoption rate of new HR software features and updates |
9 Hungary Core HR Software Market - Opportunity Assessment |
9.1 Hungary Core HR Software Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Hungary Core HR Software Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.3 Hungary Core HR Software Market Opportunity Assessment, By Deployment Type , 2021 & 2031F |
9.4 Hungary Core HR Software Market Opportunity Assessment, By Software, 2021 & 2031F |
9.5 Hungary Core HR Software Market Opportunity Assessment, By Services, 2021 & 2031F |
9.6 Hungary Core HR Software Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Hungary Core HR Software Market - Competitive Landscape |
10.1 Hungary Core HR Software Market Revenue Share, By Companies, 2024 |
10.2 Hungary Core HR Software Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |