Dublin, Feb. 11, 2025 (GLOBE NEWSWIRE) — The “Diversity and Inclusion (D&I) – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Diversity and Inclusion (D& I) was valued at US$14.1 Billion in 2024 and is projected to reach US$27.1 Billion by 2030, growing at a CAGR of 11.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Diversity and Inclusion (D&I) market is driven by several factors. Increasing awareness of the benefits of diverse and inclusive workplaces is a major driver, as numerous studies have demonstrated that D&I leads to better decision-making, innovation, and financial performance. The growing recognition of social justice issues and the demand for corporate responsibility have also pushed organizations to prioritize D&I. Technological advancements, such as D&I analytics platforms and training tools, have made it easier for organizations to implement and track D&I initiatives effectively.
Diversity and Inclusion (D&I) are crucial principles in creating equitable, innovative, and productive workplaces. Diversity refers to the presence of differences within a given setting, encompassing various dimensions such as race, gender, age, sexual orientation, disability, and cultural background. Inclusion, on the other hand, involves creating an environment where all individuals feel valued, respected, and supported, enabling them to fully participate and thrive. Effective D&I initiatives focus on not only increasing the representation of diverse groups but also fostering an inclusive culture where diverse perspectives are actively sought and valued. This approach helps organizations leverage the full potential of their workforce, driving creativity, problem-solving, and overall performance.
The implementation of D&I strategies involves a comprehensive approach that includes policy development, training, and continuous evaluation. Organizations are increasingly adopting formal D&I policies that outline their commitment to diversity and provide guidelines for promoting an inclusive culture. Training programs focused on unconscious bias, cultural competency, and inclusive leadership are essential components of D&I efforts, equipping employees and leaders with the knowledge and skills to support diversity and inclusion actively. Additionally, employee resource groups (ERGs) and mentorship programs provide platforms for underrepresented groups to connect, share experiences, and receive support. Regular assessment and reporting on D&I metrics help organizations track progress, identify areas for improvement, and ensure accountability in their D&I initiatives.
Additionally, regulatory requirements and industry standards promoting diversity and non-discrimination are encouraging organizations to adopt comprehensive D&I policies. The rise of the global workforce and the need to attract and retain top talent from diverse backgrounds further underscore the importance of D&I in today’s competitive business environment. These factors collectively highlight the dynamic expansion of the D&I market, reflecting its critical role in fostering equitable and high-performing organizational cultures.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Employee Resource Groups (ERGs) segment, which is expected to reach US$8.0 Billion by 2030 with a CAGR of a 11.0%. The External Partnerships segment is also set to grow at 10.4% CAGR over the analysis period.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Affirmity, AllenComm, Artesian Collaborative, LLC, Atrixware, LLC, Berkshire and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
- Segment (Employee Resource Groups (ERGs), External Partnerships, Training & Development, Recruitment, Other Segments).
Key Attributes:
Report Attribute | Details |
No. of Pages | 444 |
Forecast Period | 2024 – 2030 |
Estimated Market Value (USD) in 2024 | $14.1 Billion |
Forecasted Market Value (USD) by 2030 | $27.1 Billion |
Compound Annual Growth Rate | 11.4% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Diversity & Inclusion, A Prelude
- Diversity & Inclusion in the Workplace: A Fact Check
- Humanity’s Struggle With Diversity. Why is it so Hard to Achieve Equality?
- Percentage Share Breakdown of World Population by Race
- It Makes Sense to Look for Cultural Survival & Importance in the Continued Use of Traditional Languages & Dialects
- Labor Globalization is the New Reality
- Globalization Triggers Migration of Skilled Labor to Developed Countries
- Attracting & Retaining Globally Mobile Skilled Migrants is the New Norm
- The Current State of Diversity in the U.S., A Land of Cultural Diversity
- What Does this Mean for Companies? It Means the Dawn of a New Era of D&I is Upon the Corporate World
- Reimagining Workforce Planning to Achieve Competitive Advantage in the Post-COVID-19 Era
- Corporate Roles & Opportunities for Diversity & Inclusion is Increasing by the Day
- It’s Only the Marginalized Who Appreciate the Value of Business Diversity
- How Diversity, Equity, AND Inclusion Has Been Evolving in Recent Years
- Want to Increase Profitability Then Its Time to See How Diverse Your Workforce Is: Revenue Performance of Companies With High & Low Diversity Scores
- Economic Benefits of Diverse Workforce & Inclusive Work Environment Are Well Acknowledged Facts
- Including ALL in the Fold, Here’s What Companies Do Not Know
- A Recap of Challenges Plaguing Successful Implementation of D&I Programs
- Symptoms of a Workplace Lacking D&I
- Microaggression, the Often Overlooked Yet Critical Symptom of a Non-Inclusive Work Environment
- What Can Companies to Do to Achieve their D&I Goals?
- Implement D&I Best Practices in the Workplace
- Acknowledging the Fact that Inclusive Leadership Vital to Success
- Role of Manager Training & Bias Awareness in Achieving D&I Goals
- Identifying & Addressing D&I Challenges
- World Brands
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Current State of Diversity & Inclusion (D&I) Worldwide: A Review
- Top Diversity, Equity, and Inclusion Trends for 2024 and Beyond
- How Diversity and Inclusion Technology Can Bring Organizational-Level Changes
- Diversity Hiring Picks Up as Millennial and Gen Z Job Seekers Prefer Companies with Workplace Diversity
- Gender Disparity of People in Leadership Role Continues to Remain
- Racial Discrimination Still Remains Rife in Workplaces
- Despite the Fact Diversity is Beneficial for a Company, the Reality is that Corporate Leaders Remain White & Male
- What is Racial Discrimination?
- Racism Remains the Bitter Reality Despite Laws
- Slow Progress: Racism Continues to Survive & Thrive
- Sexism & Racism: A Tough Combination for Women of Color
- Ways to Effectively Deal with Racial Discrimination at Workplaces
- Female Empowerment Improves as Evidenced by Increasing Share in Leadership Roles
- Creating a More LGBTQ Inclusive Workplace?
- Important Role of Employee Resource Groups (ERGs) in Achieving Diversity in the Workplace
- Technology Comes to the Aid of D&I Implementation
- Technological Interventions Expedite D&I Initiatives
- Advanced Technology Covers Diverse Aspects of D&I Initiatives
- AI to Gain Strong Adoption to Facilitate DEI
- Using AI to Eliminate Biases
- Innovator Diversity Key for Sustainable Innovation – But Is the System There Yet?
- Variegated Teams for Fostering Innovation in Organizations
- Special Focus on DEI in the US TV & Film Industry
- Hollywood is Far from Adequately Representing Minority Groups
- Damaging Impact of “Gone With The Wind” On Hollywood Racism
- Black Representation In The U.S Film Industry: A Special Focus
- Overcoming Challenges. Here’s How It Can Be Done
- Gender Disparity in Hollywood
- Diverse Films Generate More Revenues! It’s a Fact
- What are the Solutions to Encourage & Build Diversity, Equity & Inclusion in the Movie Industry?
FOCUS ON SELECT PLAYERS:Some of the 152 major companies featured in this report
- Affirmity
- AllenComm
- Artesian Collaborative, LLC
- Atrixware, LLC
- Berkshire
- CABEM Technologies, LLC
- CTM Unlimited
- Deloitte
- DiversityResources.com Inc
- HR Works, Inc.
- Korn Ferry
- OutSolve
- PeopleScout – A TrueBlue Company
- PRISM International, Inc.
- PwC Advisory LLC
- Spectra Diversity LLC
- Trupp HR, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/etnlu9
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- Diversity and Inclusion (D&I) Market