article thumbnail

VCs See Gold Rush in the HR Tech Scene

HR Digest

But recent years have seen an explosion of interest in the global human resource (HR) technology market, particularly in North America. Core HR software is projected to peak at a CAGR of 9.4% Core HR software is projected to peak at a CAGR of 9.4% The piqued investment interest in this space makes sense.

article thumbnail

Case Study: Challenge the Boss or Stand Down?

Harvard Business Review

Within weeks he had secured a contract with a major airline to accelerate kiosk rollout in 20 airports and buy software upgrades across their locations. We've realized a 10% CAGR over the past five years, and corporate expects this division to continue to be a growth engine. It's part of the software-development project.".

article thumbnail

The Global HRM Market Expected to Balloon to $56.15 Billion by 2030

HR Digest

The human resource management (HRM) industry has forecasted a vivid jump, expanding between 2023 to 2030 at a CAGR of 12 percent. The growth in the human resource management market is driven by the trend of digitization which has implored increased efficiencies and integration with the HR technology market.