Product Code: ETC4398145 | 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 | |
HR analytics is becoming increasingly important in India as businesses aim to optimize their workforce management and employee engagement. HR analytics tools help organizations analyze employee data to make data-driven decisions related to recruitment, performance, and talent development.
The HR Analytics market in India is being driven by the need for data-driven HR decisions. Companies are using analytics to optimize talent management, improve workforce productivity, and enhance employee engagement. The market is further boosted by the increasing availability of HR data and the quest for a more strategic and efficient approach to human resource management.
The HR analytics market in India encounters several challenges, starting with the quality and availability of HR data. In many organizations, HR data is not consistently collected or properly structured, which hampers the effectiveness of analytics solutions. Data privacy and confidentiality are critical concerns, given the sensitive nature of HR data. Additionally, the shortage of HR professionals with data analytics skills is a significant challenge. Integration of HR analytics into existing HR systems and processes can be complex and costly. Moreover, resistance to change within HR departments and concerns about the potential for bias in analytics algorithms can impede the adoption of HR analytics solutions.
The COVID-19 pandemic reshaped the HR landscape in India, with remote work, employee well-being, and workforce planning taking center stage. HR analytics tools played a critical role in managing and supporting the remote workforce, tracking employee engagement, and ensuring the well-being of employees. Organizations recognized the need for data-driven HR decisions and invested in HR analytics solutions.
In the India HR Analytics market, key players have been instrumental in providing advanced human resources analytics solutions. Companies like SAP India, Oracle India, IBM India, and Infosys Limited offer HR analytics tools that empower organizations in India to make data-driven decisions regarding workforce management, talent acquisition, and employee engagement.
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 India HR Analytics Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India HR Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 India HR Analytics Market - Industry Life Cycle |
3.4 India HR Analytics Market - Porter's Five Forces |
3.5 India HR Analytics Market Revenues & Volume Share, By Application Area , 2021 & 2031F |
3.6 India HR Analytics Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
3.7 India HR Analytics Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 India HR Analytics Market Revenues & Volume Share, By Deployment Type, 2021 & 2031F |
3.9 India HR Analytics Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 India HR Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of technology in HR functions |
4.2.2 Growing focus on data-driven decision making in organizations |
4.2.3 Rise in demand for workforce optimization and talent management solutions in India |
4.3 Market Restraints |
4.3.1 Concerns regarding data privacy and security in HR analytics |
4.3.2 Resistance to change and lack of awareness about the benefits of HR analytics among organizations in India |
5 India HR Analytics Market Trends |
6 India HR Analytics Market, By Types |
6.1 India HR Analytics Market, By Application Area |
6.1.1 Overview and Analysis |
6.1.2 India HR Analytics Market Revenues & Volume, By Application Area , 2021-2031F |
6.1.3 India HR Analytics Market Revenues & Volume, By Payroll, 2021-2031F |
6.1.4 India HR Analytics Market Revenues & Volume, By Retention, 2021-2031F |
6.1.5 India HR Analytics Market Revenues & Volume, By Recruitment, 2021-2031F |
6.1.6 India HR Analytics Market Revenues & Volume, By Workforce Management, 2021-2031F |
6.1.7 India HR Analytics Market Revenues & Volume, By Employee Engagement, 2021-2031F |
6.1.8 India HR Analytics Market Revenues & Volume, By Employee Development, 2021-2031F |
6.2 India HR Analytics Market, By Vertical |
6.2.1 Overview and Analysis |
6.2.2 India HR Analytics Market Revenues & Volume, By Consumer goods and retail, 2021-2031F |
6.2.3 India HR Analytics Market Revenues & Volume, By BFSI, 2021-2031F |
6.2.4 India HR Analytics Market Revenues & Volume, By IT and telecom, 2021-2031F |
6.2.5 India HR Analytics Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.6 India HR Analytics Market Revenues & Volume, By Healthcare, 2021-2031F |
6.2.7 India HR Analytics Market Revenues & Volume, By Education, 2021-2031F |
6.3 India HR Analytics Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 India HR Analytics Market Revenues & Volume, By Solutions, 2021-2031F |
6.3.3 India HR Analytics Market Revenues & Volume, By Service, 2021-2031F |
6.4 India HR Analytics Market, By Deployment Type |
6.4.1 Overview and Analysis |
6.4.2 India HR Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
6.4.3 India HR Analytics Market Revenues & Volume, By Cloud, 2021-2031F |
6.5 India HR Analytics Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 India HR Analytics Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.5.3 India HR Analytics Market Revenues & Volume, By Small and Medium-Sized Enterprises (SMEs), 2021-2031F |
7 India HR Analytics Market Import-Export Trade Statistics |
7.1 India HR Analytics Market Export to Major Countries |
7.2 India HR Analytics Market Imports from Major Countries |
8 India HR Analytics Market Key Performance Indicators |
8.1 Percentage increase in the use of HR analytics tools and software in Indian organizations |
8.2 Number of HR professionals acquiring certifications in HR analytics and data science |
8.3 Average time taken for organizations to implement HR analytics solutions and see tangible benefits |
9 India HR Analytics Market - Opportunity Assessment |
9.1 India HR Analytics Market Opportunity Assessment, By Application Area , 2021 & 2031F |
9.2 India HR Analytics Market Opportunity Assessment, By Vertical , 2021 & 2031F |
9.3 India HR Analytics Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 India HR Analytics Market Opportunity Assessment, By Deployment Type, 2021 & 2031F |
9.5 India HR Analytics Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 India HR Analytics Market - Competitive Landscape |
10.1 India HR Analytics Market Revenue Share, By Companies, 2024 |
10.2 India HR Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |