17 May 2022

People Analytics Technology 2022: Executive Summary

Stacia Garr
Co-Founder & Principal Analyst
Priyanka Mehrotra
Research Lead

TL;DR

  • This is an executive summary of our findings from the People Analytics Tech study
  • The people analytics tech vendors continued to focus on employee engagement and experience
  • The PAT market grew at an unprecedented rate in 2021; 1-year market growth rate was 53%, 5-year CAGR was 80%, current market estimate is $3 billion
  • Use cases for people analytics tech tools are shifting, but vendors are likely not responding fast enough
  • Customers are less satisfied that before, but that might change in the future

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Stacia Garr Redthread Research
Stacia Garr
Co-Founder & Principal Analyst
Priyanka photo
Priyanka Mehrotra
Research Lead at RedThread Research

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