Product Code: ETC5498648 | Publication Date: Nov 2023 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The core HR software market in Israel is witnessing rapid growth, driven by increasing adoption of digital HR solutions by organizations to streamline HR processes, enhance employee engagement, and improve decision-making. Core HR software, also known as human capital management (HCM) software, offers features such as employee data management, payroll processing, benefits administration, and workforce analytics. With organizations prioritizing efficiency and agility in HR operations, the demand for core HR software solutions is expected to continue rising, supported by advancements in technology such as cloud computing, artificial intelligence, and data analytics.
The Israel core HR software market is witnessing significant growth driven by the increasing digitization of HR processes and the adoption of cloud-based software solutions. Core HR software encompasses essential HR functionalities such as employee data management, payroll processing, benefits administration, and compliance management. With organizations seeking to streamline HR operations, improve data accuracy, and enhance employee experiences, there`s a rising demand for integrated core HR software platforms that offer scalability, flexibility, and real-time analytics capabilities. Moreover, regulatory requirements related to data privacy and security are driving investments in robust HR software solutions that ensure compliance and data protection.
The Israel core HR software market faces challenges such as intense competition from global software vendors offering comprehensive HR solutions and cloud-based platforms. Additionally, the need to continuously innovate and adapt to evolving regulatory requirements and technological trends poses challenges for local software companies. Moreover, data privacy and security concerns, especially in light of stricter regulations such as GDPR, require significant investments in compliance measures, adding to the operational challenges faced by companies in this sector.
The core HR software market in Israel is witnessing significant growth, driven by the digital transformation of human resource management practices in organizations of all sizes. Core HR software solutions offer essential functionalities such as employee data management, payroll processing, attendance tracking, and performance evaluation. The market is characterized by the presence of both domestic and international software vendors offering cloud-based and on-premises solutions. Integration with other enterprise systems, customization options, and regulatory compliance features are key considerations for businesses in Israel evaluating core HR software solutions. Moreover, the adoption of advanced technologies such as artificial intelligence and machine learning enhances the capabilities and effectiveness of core HR software platforms in meeting the evolving needs of modern workplaces.
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 Israel Core HR Software Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Core HR Software Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Core HR Software Market - Industry Life Cycle |
3.4 Israel Core HR Software Market - Porter's Five Forces |
3.5 Israel Core HR Software Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Israel Core HR Software Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.7 Israel Core HR Software Market Revenues & Volume Share, By Deployment Type , 2021 & 2031F |
3.8 Israel Core HR Software Market Revenues & Volume Share, By Software, 2021 & 2031F |
3.9 Israel Core HR Software Market Revenues & Volume Share, By Services, 2021 & 2031F |
3.10 Israel Core HR Software Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Israel Core HR Software Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Israel Core HR Software Market Trends |
6 Israel Core HR Software Market Segmentations |
6.1 Israel Core HR Software Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Israel Core HR Software Market Revenues & Volume, By Software, 2021-2031F |
6.1.3 Israel Core HR Software Market Revenues & Volume, By Services, 2021-2031F |
6.2 Israel Core HR Software Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Israel Core HR Software Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 Israel Core HR Software Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Israel Core HR Software Market, By Deployment Type |
6.3.1 Overview and Analysis |
6.3.2 Israel Core HR Software Market Revenues & Volume, By On-Premises, 2021-2031F |
6.3.3 Israel Core HR Software Market Revenues & Volume, By Cloud, 2021-2031F |
6.4 Israel Core HR Software Market, By Software |
6.4.1 Overview and Analysis |
6.4.2 Israel Core HR Software Market Revenues & Volume, By Benefits and Claims Management, 2021-2031F |
6.4.3 Israel Core HR Software Market Revenues & Volume, By Payroll and Compensation Management, 2021-2031F |
6.4.4 Israel Core HR Software Market Revenues & Volume, By Personnel Management, 2021-2031F |
6.4.5 Israel Core HR Software Market Revenues & Volume, By Learning Management, 2021-2031F |
6.4.6 Israel Core HR Software Market Revenues & Volume, By Pension Management, 2021-2031F |
6.4.7 Israel Core HR Software Market Revenues & Volume, By Compliance Management, 2021-2031F |
6.5 Israel Core HR Software Market, By Services |
6.5.1 Overview and Analysis |
6.5.2 Israel Core HR Software Market Revenues & Volume, By Integration Services, 2021-2031F |
6.5.3 Israel Core HR Software Market Revenues & Volume, By Maintenance and Support, 2021-2031F |
6.5.4 Israel Core HR Software Market Revenues & Volume, By Consulting, 2021-2031F |
6.6 Israel Core HR Software Market, By Vertical |
6.6.1 Overview and Analysis |
6.6.2 Israel Core HR Software Market Revenues & Volume, By Government, 2021-2031F |
6.6.3 Israel Core HR Software Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.6.4 Israel Core HR Software Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.6.5 Israel Core HR Software Market Revenues & Volume, By Consumer Goods and Retail, 2021-2031F |
6.6.6 Israel Core HR Software Market Revenues & Volume, By Healthcare, 2021-2031F |
6.6.7 Israel Core HR Software Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.6.8 Israel Core HR Software Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.6.9 Israel Core HR Software Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
7 Israel Core HR Software Market Import-Export Trade Statistics |
7.1 Israel Core HR Software Market Export to Major Countries |
7.2 Israel Core HR Software Market Imports from Major Countries |
8 Israel Core HR Software Market Key Performance Indicators |
9 Israel Core HR Software Market - Opportunity Assessment |
9.1 Israel Core HR Software Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Israel Core HR Software Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.3 Israel Core HR Software Market Opportunity Assessment, By Deployment Type , 2021 & 2031F |
9.4 Israel Core HR Software Market Opportunity Assessment, By Software, 2021 & 2031F |
9.5 Israel Core HR Software Market Opportunity Assessment, By Services, 2021 & 2031F |
9.6 Israel Core HR Software Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Israel Core HR Software Market - Competitive Landscape |
10.1 Israel Core HR Software Market Revenue Share, By Companies, 2024 |
10.2 Israel Core HR Software Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |