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Human Resources (HR) Software in the US Procurement Price, Data and Insights
Human Resources (HR) software is designed, developed, and published to help companies improve and oversee talent management and performance by automating daily administrative processes related to company workforces. Software applications include personnel sourcing and tracking, payroll, benefits administration, performance development, and regulatory compliance. Key buyers of human resources software include financial institutions, government agencies, and healthcare providers. Key suppliers are software companies.
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What’s included in this market coverage
IBISWorld's research coverage on the Human Resources (HR) Software procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.
About this Market
What’s this procurement report about?
This procurement coverage of the Human Resources (HR) Software market in the United States includes Payroll Software, Employee Benefits, Time & Attendance Tracking, Shift Scheduling and Talent Acquisition. Standard coding in this coverage includes ISIC-582-Software publishing, NACE-58.29-Other Software Publishing, NAICS-513210-Software Publishers and UNSPSC-43231505-Human resources software.
What common market terminology is included?
Common market terminology included in the Human Resources (HR) Software procurement coverage includes On-Premise Software (A program that is installed on the computers at a user's facility, rather than hosted on remote servers.), Software as a Service (SaaS) (Software hosted remotely by the vendor. Buyers do not own the software, but they are licensed to use it as a service on demand. SaaS software is also referred to as cloud software or remotely hosted software.), Open-Source Software (A free type of software that can be acquired, modified, and redistributed by any individual.), General Data Protection Regulations (GDPR) (Data protection and privacy regulations passed in the European Union. These regulations aim to give individuals control over their personal data.), Artificial Intelligence (AI) (An area of computer science that deals with machine intelligence that replicates human intelligence.) and Robotic Process Automation (RPA) (Automation technology based on digital workers or metaphorical software robots.).
What companies are included as top suppliers?
The top companies covered in the Human Resources (HR) Software procurement report as suppliers are Sap Se, Ceridian Hcm Holding Inc., Sage Group Plc, Intuit Inc. and Oracle Corporation.
Opportunity Assessment
What’s included in the Opportunity Assessment chapter?
The Opportunity Assessment chapter provides a comprehensive market analysis of the Human Resources (HR) Software market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.
The market pricing trends include the Market Price (2026) per employee per month, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.
Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Human Resources (HR) Software market environment.
Buyer Power Score
What’s included in the Buyer Power Score chapter?
The Buyer Power Score chapter assesses key components impacting Human Resources (HR) Software procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.
These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.
Price Environment
What’s included in the Price Environment chapter?
The Price Environment chapter covers detailed pricing analysis and datasets on Human Resources (HR) Software market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.
Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.
Supply Chain & Vendors
What’s included in the Supply Chain & Vendors chapter?
The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Human Resources (HR) Software market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.
Business Requirements
What’s included in the Business Requirements chapter?
The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.
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Frequently Asked Questions
What is the current market price for Human Resources (HR) Software?
The 2026 benchmark market price for Human Resources (HR) Software is $18.83 per employee per month. Prices have increased at a CAGR of 1.1 from 2023-26.
Who are the top vendors in the Human Resources (HR) Software market?
The top vendors in the Human Resources (HR) Software market include Sap Se, Ceridian Hcm Holding Inc., Sage Group Plc, Intuit Inc. and Oracle Corporation.
What industries supply the Human Resources (HR) Software market?
The top industries supplying the Human Resources (HR) Software market are Computer Manufacturing in the US, Computer Peripheral Manufacturing in the US, Semiconductor & Circuit Manufacturing in the US, IT Consulting in the US, Office Stationery Manufacturing in the US, Software Publishing in the US and Intellectual Property Licensing in the US.
What is the supply chain risk for Human Resources (HR) Software?
Low supply chain risk minimizes the risk of service disruptions as and price increases. Supply chain risk in this market is minimal as suppliers of human resources software do not require a continuous stream of physical input goods. Unlike manufactured goods, software is developed on computers and not assembled out of components in a factory. Furthermore, most software is now distributed digitally, which further reduces supply chain risk. The low level of supply chain risk minimizes the risk of price increases and service disruptions arising out of input shortages.
What factors affect the price of Human Resources (HR) Software?
Human resources software can be integrated with other systems such has payroll, performance management, and applicant tracking systems. The number of integration capabilities affects pricing because each additional integration increases the development cost.
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