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HR Professional Development
Key Takeaways
- The selected paid research reports included: Technavio's "Professional Development Market in the US Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026;" Grand View Research's "Human Resource Management Market Size, Share & Trends Analysis Report By Component (Software, Service), By Software, By Service, By Deployment, By Enterprise Size, By End-use, By Region, and Segment Forecasts, 2022–2030;" and Fortune Business Insights' "Human Resource (HR) Technology Market Size." The report costs $2,500 and $4,000 for single use and enterprise, respectively.
- Grand View Research (priced for $4,950, $5,950, and $7,950 for the individual license, team license, and enterprise license, respectively) indicates that the US "human resource management market size" was valued at $5.2 billion as of 2021, an increase from the $4.5 billion figure reported in 2020. Technavio's analyst maintains that the US "professional development market share" will grow at a CAGR of 5.52% to reach $3.75 billion by 2026.
- Fortune Business Insights' "Human Resource (HR) Technology Market Size" provides key market insights, the latest trends, Covid impact, driving factors, restraining factors, segmentation, and regional insights (among others). IT & Telecommunication segment comprised 23.4% of the market size. This report was included because it potentially contains (paywalled) key marketing figures for the US. The report costs $4,850, $5,850, and $7,850 for the individual, multi-user, and enterprise licenses.
Introduction
The report provided links to paid research reports that may include a breakdown of the professional development market by segment, including the human resources segment. For each paid report identified, we included a brief description of the report, why it was included, and the price of the report. Additionally, we provided pre-compiled data on the size of the human resources professional development market found in the public domain during our research. Details about our logic can be found in the research strategy section.
HR Professional Development
[I] Technavio's "Professional Development Market in the US"
- The report, "Professional Development Market in the US Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026," is authored by Technavio's analyst. The article provides two demographic segments: type (i.e., offline and online) and end-user (i.e., pre-K-12, higher education, and K-12).
- The report indicates that the US "professional development market share" will grow at a CAGR of 5.52% to reach $3.75 billion by 2026. Aside from providing projections, the report also provides challenges, trends, and key drivers. Thus, this report was included in this write-up because it provides key complementary information about key insights and data points, including challenges, trends, and key drivers.
[II] Grand View Research's "Human Resource Management Market Size"
- The paid research report dubbed "Human Resource Management Market Size, Share & Trends Analysis Report By Component (Software, Service), By Software, By Service, By Deployment, By Enterprise Size, By End-use, By Region, and Segment Forecasts, 2022–2030" is authored/produced by Grand View Research.
- The report indicates that the US "human resource management market size" was valued at $5.2 billion as of 2021, an increase from the $4.5 billion figure reported in 2020. The market is projected to grow at a CAGR of 11.4% from 2022-2030.
- The report was included because it provides current, pre-compiled data on the size of the human resource professional development market. The report costs $4,950, $5,950, and $7,950 for the individual, team, and enterprise licenses.
[III] Fortune Business Insights' "Human Resource (HR) Technology Market Size"
- The report "Human Resource (HR) Technology Market Size, Share & COVID-19 Impact Analysis, By Component (Software and Services), By Deployment (Cloud and On-premise), By Industry (BFSI, IT and Telecom, Government, Manufacturing, Retail, Healthcare, and Others), and Regional Forecast, 2021-2028" is authored/published by Fortune Business Insights.
- The report provides key market insights, the latest trends, Covid impact, driving factors, restraining factors, segmentation, and regional insights (among others). IT & Telecommunication segment comprised 23.4% of the market size. This report was included because it potentially contains (paywalled) key marketing figures for the US.
- The report costs $4,850, $5,850, and $7,850 for the individual, multi-user, and enterprise licenses.
Research Strategy
To provide links to paid research reports that may include a breakdown of the professional development market by segment, we leveraged the most reputable paid research reports available in the public domain, including Technavio, Grand View Research, and Fortune Business Insights.