Vietnam Human Resource Software as a Service Market to Grow at a CAGR of 22.81%
Rising demand for data compliance and emerging trend of adoption of subscription-based services are driving the growth in Vietnam Human Resource Software as a Service Market in the forecast period, 2023-2045. According to TechSci Research report, “ Vietnam Human Resource Software as a Service (SaaS) Market By Region, Forecast & Competition, Opportunities, 2017- 2027 ” , the Vietnam human resource software as a service market was valued at USD27.49 million in 2021 and is anticipated to grow at a CAGR of 22.81% in the forecast period to reach a value of USD4111.24 million by 2045. The human resource software as a service application is hosted in the cloud using the SaaS model, eliminating the need for local storage. The data is stored in multiple data centers, ensuring that the data is not lost even if one center is lost. The human resource software service improves security and allows the company to share the documents and restrict access to authorized employees. Also, t...