The Middle East staffing & recruitment market size is projected to grow from US$ 50,529.43 million in 2022 to US$ 86,072.00 million by 2028; it is expected to register a CAGR of 9.4% from 2023 to 2028.
Staffing and recruitment refer to identifying and attracting potential candidates with the skill, knowledge, and experience required to fill a job vacancy. Effective staffing and recruitment can help an organization build a strong and talented workforce, improve productivity, and achieve competitive advantages. The increasing job vacancies in Middle Eastern countries are boosting the adoption of staffing and recruitment solutions across various organizations, thereby contributing to the Middle East staffing & recruitment market growth. According to United Nations Agencies, more than 33 million new jobs will be created by 2030 in the Middle East and North African region to improve the employment rate.
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Middle East Staffing & Recruitment Market: Strategic Insights
Middle East Staffing & Recruitment Market
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Market Size 2022
US$ 50,529.43 Million
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Market Size 2028
US$ 86,072.00 Million
Market Dynamics
GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Regional Overview
- Middle East and Africa
Market Segmentation
Staffing Type
- Permanent and Temporary
Recruitment Channel
- Online
- Hybrid
- Offline
End User
- Oil & Gas
- IT & Telecom
- BFSI
- Healthcare
- Retail & E-Commerce
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Customize This Report To Suit Your Requirement
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities
Middle East Staffing & Recruitment Market: Strategic Insights
-
Market Size 2022
US$ 50,529.43 Million -
Market Size 2028
US$ 86,072.00 Million
Market Dynamics
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
- XXXXXXX
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Regional Overview
- Middle East and Africa
Market Segmentation
- Permanent and Temporary
- Online
- Hybrid
- Offline
- Oil & Gas
- IT & Telecom
- BFSI
- Healthcare
- Retail & E-Commerce
- Get Top Key Market Trends of this report.This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
The Middle East staffing & recruitment market is segmented into Saudi Arabia, the UAE, Kuwait, Qatar, Bahrain, and the Rest of Middle East. The UAE is the second-largest economy in the region. The country attracts many skilled workers with new visas and provides incentives for establishing and expanding various businesses. The UAE has a huge job market with growing companies, new projects, and international investments. According to a recent job study in the UAE, 7 out of 10 companies intend to hire new employees based on their credentials and skill sets. According to the same report, almost 50% of businesses hire immigrants from outside their country who make themselves accessible within three months. Businesses in the UAE started raising employees' salaries to attract higher-level trained immigrants. All these factors are boosting the job market in the UAE, thereby fuelling the adoption of various recruitment and staffing solutions which in turn enhances the Middle East staffing & recruitment market size.
Middle East Staffing & Recruitment Market – Revenue and Forecast to 2028 (US$ Million)
Source: The Insight Partners Analysis
Market Insights – Middle East Staffing & Recruitment Market
Automation and AI-Driven Recruitment to Drive Middle East Staffing & Recruitment Market Growth in Coming Years
Recruitment technology is taking over the hiring process. Artificial intelligence (AI) and automation in the recruitment process provide benefits such as efficiency, personalization, and data-informed decision-making. Integrating AI and automation into the recruitment process helps companies shortlist ideal candidates, automate manual tasks, streamline the recruitment workflow, and others. There are many ways to leverage AI and automation technology for talent attraction and candidate experience throughout the recruiting process. AI technology allows personalizing outreach while tracking candidates’ behavior on the website and sends them customized content and messages based on their interests. Moreover, AI helps find the best-fit candidate by matching an applicant’s experience and skills with the job description. The recruitment chatbox is another AI technology that offers job seekers real-time updates and interaction 24/7 by allowing them to ask questions about job requirements or recruitment timelines while providing helpful feedback and suggestions. Further, AI-based video interview software helps assess a candidate’s word choices, speech patterns, and also facial expressions to check if the candidate is the right fit for the position. AI and automation have brought about significant changes in the recruitment process and have revolutionized the entire process. Thus, automation and AI-driven recruitment will further contribute to the Middle East staffing & recruitment market growth in the coming years.
End User-Based Middle East Staffing & Recruitment Market Insights
Based on end user, the staffing & recruitment market is categorized into oil & gas, BFSI, IT & telecom, healthcare, retail & e-commerce, and others. In 2022, the oil & gas segment dominated the Middle East staffing & recruitment market. The Middle East ranks 5th in the top 10 oil-producing countries and is responsible for producing about 27% of the world’s oil. Saudi Arabia, Iraq, the UAE, Iran, and Kuwait are the major oil producers in the region. The Middle East witnessed a 4.3% hiring in the oil & gas industry. Qatar commanded a leading position with a 27.03% share in the region's IT hiring activity for the oil & gas industry in March 2022, an increase of 100% compared to February 2022. Thus, growth in the employment of the oil & gas industry boosts the adoption of recruitment and staffing solutions, which is propelling the Middle East staffing & recruitment market growth.
Market players operating in the Middle East staffing & recruitment market mainly adopt inorganic growth strategies to stay competitive in the Middle East staffing & recruitment market ecosystem.
- In January 2020, Adecco Group sold its healthcare staffing business, Soliant Health, to a Zurich-based staffing firm for a cash amount of US$612 million. The decision is part of Adecco Group's plan to focus on globally scalable brands and digital solutions. The sale of Soliant Health aligns with the company's strategy to streamline its portfolio and prioritize investments in areas with higher growth potential. The move allowed Adecco Group to direct its resources toward its core businesses and expand its market position in strategic regions.
- In November 2022, International Commissioning & Engineering Pte Ltd (ICE) was acquired by Brunel. ICE is a project risk assurance and commissioning & startup firm that focuses on coordinating and delivering large-scale oil & gas, infrastructure, and energy projects. Brunel aims to offer a distinctive combination of its global recruitment, workforce, and mobilization services with ICE's specialist project assurance, execution, and delivery expertise, following the merger.
Market players profiled in the Middle East staffing & recruitment market report are:
- Adecco Group AG
- ALLIANCE RECRUITMENT AGENCY
- BAC Middle East
- Brunel
- Hays plc
- Korn Ferry
- Medacs Healthcare Limited
- Morgan Philips Group SA
- NES Fircrof
- Randstad N.V.
Middle East Staffing & Recruitment Market Report Scope
Report Attribute | Details |
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Market size in 2022 | US$ 50,529.43 Million |
Market Size by 2028 | US$ 86,072.00 Million |
Global CAGR (2023 - 2028) | 9.4% |
Historical Data | 2020-2021 |
Forecast period | 2023-2028 |
Segments Covered |
By Staffing Type
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Regions and Countries Covered | Middle East and Africa
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Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Staffing Type, Recruitment Channel, and End User
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Bahrain, Kuwait, Qatar, Saudi Arabia, UAE
Frequently Asked Questions
The Middle East staffing & recruitment market was estimated to be US$ 50,529.43 million in 2022 and is expected to grow at a CAGR of 9.4 % during the forecast period 2023 - 2028.
Huge job opportunities in BFSI and technology sector, and workforce localization in the Middle East are driving factors impacting the Middle East staffing and recruitment market.
Automation and AI-driven recruitment will contribute to the market's growth in the coming years.
The key players, holding majority shares, in Middle East staffing & recruitment market includes Adecco Group.; Randstad N.V.; ManpowerGroup; Recruit Holdings Co., Ltd; and NES Fircroft.
The incremental growth, expected to be recorded for the Middle East staffing & recruitment market during the forecast period, is US$ 31,096.77 million.
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The List of Companies - Middle East Staffing and Recruitment Market
- Adecco Group AG
- Alliance Recruitment Agency
- BAC Middle East
- Brunel International NV
- Hays Plc
- Korn Ferry
- Medacs Global Group Ltd
- Morgan Philips Group SA
- NES Fircroft
- Randstad NV