Latin America Hr Analytics Market Size & Outlook

The hr analytics market in Latin America is expected to reach a projected revenue of US$ 1,115.9 million by 2030. A compound annual growth rate of 15.4% is expected of Latin America hr analytics market from 2023 to 2030.
Revenue, 2022 (US$M)
$354.5
Forecast, 2030 (US$M)
$1,115.9
CAGR, 2023 - 2030
15.4%
Report Coverage
Latin America

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Latin America hr analytics market, 2018-2030 (US$M)

Latin America hr analytics market, 2018-2030 (US$M)

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Latin America hr analytics market highlights

  • The Latin America hr analytics market generated a revenue of USD 354.5 million in 2022.
  • The market is expected to grow at a CAGR of 15.4% from 2023 to 2030.
  • In terms of segment, solution was the largest revenue generating component in 2022.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.

Latin America data book summary

Market revenue in 2022USD 354.5 million
Market revenue in 2030USD 1,115.9 million
Growth rate15.4% (CAGR from 2022 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Service
Key market players worldwideCEGID, International Business Machines Corp, Koch Industries, MicroStrategy Inc Class A, Oracle Corp, Sage Group (The) PLC, SAP SE, Sisense, Salesforce Inc, UKG, Workday Inc Class A, Zoho

Other key industry trends

  • In terms of revenue, Latin America region accounted for 12.0% of the global hr analytics market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,052.0 million by 2030.

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HR Analytics Market Companies

Name Profile # Employees HQ Website
UKG View profile 10001+ Lowell, Massachusetts, United States, North America https://www.ukg.com/
CEGID View profile 1001-5000 Lyon, Rhone-Alpes, France, Europe http://www.cegid.com
MicroStrategy Inc Class A View profile 1851 1850 Towers Crescent Plaza, Tysons Corner, VA, United States, 22182 https://www.microstrategy.com
Workday Inc Class A View profile 18800 6110 Stoneridge Mall Road, Pleasanton, CA, United States, 94588 https://www.workday.com
Sisense View profile 501-1000 New York, New York, United States, North America http://www.sisense.com
Zoho View profile 10001+ Pleasanton, California, United States, North America https://www.zoho.com
Koch Industries View profile 10001+ Wichita, Kansas, United States, North America https://www.kochind.com
Salesforce Inc View profile 72682 415 Mission Street, 3rd Floor, Salesforce Tower, San Francisco, CA, United States, 94105 https://www.salesforce.com
Sage Group (The) PLC View profile 11326 C23 - 5 & 6 Cobalt Park Way, Cobalt Park, Newcastle upon Tyne, United Kingdom, NE28 9EJ https://www.sage.com
SAP SE View profile 107602 Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 https://www.sap.com
International Business Machines Corp View profile 282200 One New Orchard Road, Armonk, NY, United States, 10504 http://www.ibm.com
Oracle Corp View profile 164000 2300 Oracle Way, Austin, TX, United States, 78741 https://www.oracle.com

Latin America hr analytics market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hr analytics market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 68.69% in 2022. Horizon Databook has segmented the Latin America hr analytics market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America HR Analytics Component Outlook (Revenue, USD Million, 2018-2030)
    • Solution
      • Retention
      • Others
      • Employee Engagement & Development
      • Recruitment
      • Talent Analytics
      • Payroll & Compensation
      • Workforce Planning
    • Service
      • Implementation & Integration
      • Support & Maintenance
      • Training & Consulting
  • Latin America HR Analytics Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Hosted
    • On-Premise
  • Latin America HR Analytics Enterprise-size Outlook (Revenue, USD Million, 2018-2030)
    • Large Enterprise
    • Small & Medium Enterprise
  • Latin America HR Analytics End Use Outlook (Revenue, USD Million, 2018-2030)
    • Manufacturing
    • Retail
    • Others
    • Academia
    • BFSI
    • Government
    • Healthcare
    • IT & Telecom

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Target buyers of Latin America hr analytics market databook

  • Our clientele includes a mix of hr analytics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America hr analytics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America hr analytics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America hr analytics market size, by country, 2018-2030 (US$M)

Latin America HR Analytics Market Outlook Share, 2022 & 2030 (US$M)

Latin America hr analytics market size, by country, 2018-2030 (US$M)

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