The North America on-demand staffing platform market is expected to grow from US$ 70.71 million in 2022 to US$ 159.33 million by 2028; it is estimated to grow at a CAGR of 14.5% during 2022–2028.
Talent acquisition leaders continually strive for data-driven mindsets and essential technology that enable their organizations to execute the recruitment process. Real-time analytics and insights to analyze the quality and cost of new hires, as well as candidate feedback scores, are closely evaluated. With the advancements in technology and increasingly agile workplaces, organizations are adopting on-demand staffing platforms across several industry verticals. Manually emailing prospects is time consuming and is becoming an unsustainable approach to build relationships with prospective hires and manage the recruitment funnel. In line with this, on-demand staffing platforms tend to eliminate the needless complexity and inefficiency of manual communications by automating the hiring process. Thus, the growing need for talent acquisition and management is driving the North America on-demand staffing platform market growth.
Impact of COVID-19 Pandemic on North America On-Demand Staffing Platform Market
Although APAC is characterized by many developing countries, a high industrial presence, and a positive economic outlook, a significant reduction in noise levels was observed during the shutdown of industries in response to the COVID-19 pandemic. However, in 2021, with reopening of industrial activities in phases, the need for measuring noise levels escalated the demand for noise dosimeters. The manufacturing industries in Asia Pacific countries such as Indonesia, the Philippines, Vietnam, Singapore, and Thailand began recovering at a faster rate from 2022, thereby highlighting the demand for noise dosimeters. In July 2022, Indonesia increased the investment in the manufacturing sector to US$ 15.4 billion from US$ 11.2 billion in 2021—an increase of 38%. Thus, such growth prospects in industrialization during the pandemic recovery period are ensuring the demand for noise dosimeters, bolstering the North America On-Demand Staffing Platform market growth.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
North America On-Demand Staffing Platform Market: Strategic Insights
Market Size Value in US$ 70.71 Million in 2022 Market Size Value by US$ 159.33 Million by 2028 Growth rate CAGR of 14.5% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
North America On-Demand Staffing Platform Market: Strategic Insights
| Market Size Value in | US$ 70.71 Million in 2022 |
| Market Size Value by | US$ 159.33 Million by 2028 |
| Growth rate | CAGR of 14.5% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
North America On-Demand Staffing Platform Market Insights
The e-commerce sector has been positively impacted due to remote and hybrid work arrangements after the emergence of the COVID-19 pandemic. With the rising adoption of working-from-home models, the staffing industry has witnessed tremendous growth. In addition, the temporary staffing model is widely preferred in the healthcare sector. For this sector, the staffing firms are focused on specific tasks such as bringing the offer letter process in-house under one person, using one person to manage sick pay for traveling nurses, and consolidating employee drug testing and background check processes with one vendor. Therefore, such time-consuming and traditional processes augmented the need for on-demand staffing platforms across several industry verticals. Many companies, especially those providing IT and IT-enabled services, are hiring additional temporary or flexible staff over permanent placements as a part of cost-cutting measures due to delayed projects owing to the COVID-19 pandemic. This is further boosting the North America on-demand staffing platform market growth.
The staffing industry is increasingly investing in and adopting new recruitment technologies and adjusting to a completely unfamiliar staff hiring environment to fulfill temporary employment needs. Temporary employees are hired for a specific project while not having to commit on long-term benefits. Several on-demand staffing platform companies engage in partnerships and new product launches to pilot new organizational structures and increase business productivity. For instance, in September 2022, Workfall, a remote staffing startup, launched a new product Automated Work Contracts. The product aims to create a seamless experience, enabling both partners and hiring companies to discuss terms of hiring and ensuring that payments are linked to the delivery of services and provide security to both parties. As a result, the growing need for instant hiring temporary staff is boosting the North America on-demand staffing platform market growth.
Deployment-Based North America On-Demand Staffing Platform Market Insights
The North America on-demand staffing platform market, by deployment, is bifurcated into on premise and cloud-based. In 2021, the cloud-based segment accounted for a larger market share.
Enterprise Size-Based North America On-Demand Staffing Platform Insights
The North America on-demand staffing platform market, based on enterprise size, is further divided into small and medium enterprises and large enterprises. In 2021, the large enterprises segment accounted for the largest market share.
The players operating in the North America on-demand staffing platform market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key market players are listed below:
- In 2022, The leading on-demand staffing platform for hospitality businesses and professionals has completed its $40 million Series B investment. Tritium Partners led the round, with participation by existing investors Kickstart, Album VC, Desert Angels, and Revolution's Rise of the Rest Seed Fund.
- In 2022, Traba announced that it raised $20 million in a Series A funding round, led by Khosla Ventures with participation from Founders Fund, General Catalyst, SciFi VC and Atomic. To date, the startup has raised $23.6 million; Founders Fund and General Catalyst led Traba’s seed round.
The North America On-Demand Staffing Platform market has been segmented as mentioned below:
The North America on-demand staffing platform market, by deployment, is bifurcated into on premises and cloud-based. The market, based on enterprise size, is further divided into small and medium enterprises and large enterprises. By country, the North America on-demand staffing platform market is segmented into US and Canada.
Company Profiles
- Myworkchoice
- Wonolo
- Hireanesquire
- Qwick
- Graphite
- Appjobs
- Instawork
- Snagajob
- Traba
- Ubeya
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Deployment, and Enterprise Size
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico
Frequently Asked Questions
The estimated North America on-demand staffing platform market size in 2022 is expected to be around US$ 70.71 million.
The factors such as surge in need for talent acquisition and management, temporary employee recruitment to meet organization needs, and focus on candidate experience and employee engagement are contributing to the North America on-demand staffing platform market growth.
The staffing industry is focusing on integrating skilled contractors into primary workforces. As the labor market continues to expand across all facets of business, companies seek to hire more contingent workers to control costs. Choosing the right on-demand staffing platform help staffing teams hire contingent workers and nurture learning within the workplace. Moreover, the demand for contingent workers is growing tremendously, primarily for freelance, gig, or contract work in addition to conventional employment. As a result, the staffing industry is moving toward contingent staffing, thereby becoming a major market trend.
Myworkchoice; Wonolo; Hireanesquire; Qwick; and Graphite are the key market players expected to hold a major market share of North America on-demand staffing platform market in 2021
US is expected to register high growth rate during the forecast period
US is expected to hold a major market share of North America on-demand staffing platform market in 2021.
The North America on-demand staffing platform market is expected to register an incremental growth value of US$ 88.62 million during the forecast period.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 North America On-Demand Staffing Platform Market – By Deployment
1.3.2 North America On-Demand Staffing Platform Market – By Enterprise size
1.3.3 North America On-Demand Staffing Platform Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America On-Demand Staffing Platform Market Landscape
4.1 Market Overview
4.1.1 PEST Analysis - North America
4.2 Ecosystem Analysis
4.3 Expert Opinion
5. On-Demand Staffing Platform Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Surge in Need for Talent Acquisition and Management
5.1.2 Temporary Employee Recruitment to Meet Organization Needs
5.1.3 Focus on Candidate Experience and Employee Engagement
5.2 MARKET RESTRAINTS
5.2.1 Misconceptions About On-Demand Employment
5.3 MARKET OPPORTUNITIES
5.3.1 Adoption of Artificial Intelligence and Machine Learning Technologies
5.4 FUTURE TRENDS
5.4.1 Increase in Contingent Workers
5.4.2 Flexibility in Working Environment
5.4.3 Automation in Hiring Process
5.5 Impact Analysis of Drivers and Restraints
6. On-Demand Staffing Platform Market– North America Analysis
6.1 Overview
6.2 On-Demand Staffing Platform Market– North America Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning – Five Key Players
7. North America On-Demand Staffing Platform Market Analysis – By Deployment
7.1 Overview
7.2 On-Demand Staffing Platforms Market , By Deployment (2021 and 2028)
7.3 On Premise
7.3.1 Overview
7.3.2 On Premise: On-Demand Staffing Platform Market Revenue and Forecast To 2028 (US$ Million)
7.4 Cloud-based
7.4.1 Overview
7.4.2 Cloud-based: On-Demand Staffing Platform Market Revenue and Forecast To 2028 (US$ Million)
8. North America On-Demand Staffing Platform Market Analysis – By Enterprise size
8.1 Overview
8.2 On-Demand Staffing Platform Market, By Enterprise size (2021 and 2028)
8.3 Small and Medium Enterprises
8.3.1 Overview
8.3.2 Small and Medium Enterprises: On-Demand Staffing Platform Market Revenue and Forecast To 2028 (US$ Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises: On-Demand Staffing Platform Market Revenue and Forecast To 2028 (US$ Million)
9. On-Demand Staffing Platform – Country Analysis
9.1 Overview
9.2 North America: On-Demand Staffing Platform
9.2.1 US: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.2.1.1 US: On-Demand Staffing Platform Market, By Deployment
9.2.1.2 US: On-Demand Staffing Platform Market, By Enterprise size
9.2.2 Canada: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
9.2.2.1 Canada: On-Demand Staffing Platform Market, By Deployment
9.2.2.2 Canada: On-Demand Staffing Platform Market, By Enterprise size
10. On-Demand Staffing Platform- COVID-19 Impact Analysis
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Graphite Solutions Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Garuda Labs Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Hire an Esquire Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 MyWorkChoice LLC
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Qwick Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Snagajob.com Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Traba Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Ubeya Technologies Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Wonolo Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Appjobs Sweden AB
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments
13. Appendix
13.1 About The Insight Partners
LIST OF TABLES
Table 1. On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
Table 2. US: On-Demand Staffing Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: On-Demand Staffing Platform Market, By Enterprise size – Revenue and Forecast to 2028 (US$ Million)
Table 4. Canada: On-Demand Staffing Platform Market, By Deployment – Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: On-Demand Staffing Platform Market, By Enterprise size – Revenue and Forecast to 2028 (US$ Million)
LIST OF FIGURES
Figure 1. On-Demand Staffing Platform Market Segmentation
Figure 2. North America On-Demand Staffing Platform Market Overview
Figure 3. Cloud-based Held The Largest Market Share In 2021
Figure 4. Large Enterprises Segment Held the Largest Market Share in 2021 Based on Enterprise size
Figure 5. US held Largest Market Share in 2021
Figure 6. North America – PEST Analysis
Figure 7. Expert Opinion
Figure 8. North America On-Demand Staffing Platform Market: Impact Analysis of Drivers and Restraints
Figure 9. On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
Figure 10. On-Demand Staffing Platforms Market , By Deployment (2021 and 2028)
Figure 11. On Premise: On-Demand Staffing Platform Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. Cloud-based: On-Demand Staffing Platform Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. On-Demand Staffing Platform Market, By Enterprise size (2021 and 2028)
Figure 14. Small and Medium Enterprises: On-Demand Staffing Platform Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. Large Enterprises: On-Demand Staffing Platform Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America On-Demand Staffing Platform Revenue Share, by Country (2021 and 2028)
Figure 17. US: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Canada: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Impact of COVID-19 Pandemic in North America Country Markets
The List of Companies - North America On-Demand Staffing Platform Market
- Myworkchoice
- Wonolo
- Hireanesquire
- Qwick
- Graphite
- Appjobs
- Instawork
- Snagajob
- Traba
- Ubeya
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to North America On-Demand Staffing Platform Market
Dec 2022
Flight Planning Software Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software and Services), Deployment (Cloud and On-Premise), Application (Logistics and Cargo, Airport, Private Airlines, Commercial Airlines, Flight School and Training Center, and Military and Defense), and Geography
Dec 2022
Deepfake AI Detection Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software and Services), Deployment (Cloud and On-Premises), Enterprise Size (Large Enterprises and SMEs), Industry Vertical (Media and Entertainment, BFSI, Government and Politics, Healthcare and Life Sciences, IT and Telecom, Retail and E-Commerce, and Others), and Geography
Dec 2022
Electronic Patient-Reported Outcomes (ePROS) Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Delivery Mode (Cloud Based and On-Premises), Application (Oncology, Respiratory, and Others), End User [Contract Research Organizations (CROs), Pharmaceutical Companies, and Others], and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Dec 2022
Travel and Expense Management Software Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Deployment Mode (On-Premise and Cloud), Organization Size (Large Enterprises and Small and Medium Enterprises), Industry (BFSI, IT and Telecom, Manufacturing, Healthcare, Government and Defense, Retail, Transport and Logistics, and Others), and Geography
Dec 2022
Environmental Consulting Service Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Service Type (Investment Assessment and Auditing, Permitting and Compliance, Project and Information Management, Monitoring and Testing, and Others), Media Type (Water Management, Waste Management, and Others), Vertical (Energy and Utilities, Chemical and Petroleum, Manufacturing and Process Industries, Transportation and Construction Industries, and Others), and Geography
Dec 2022
Cloud OSS BSS Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By solution [OSS (Network Management & Orchestration, Resource Management, Analytics & Assurance, and Service Design & Fulfilment) and BSS (Billing & Revenue Management, Product Management, Customer Management, and Others)], Deployment Model (Public Cloud, Private Cloud, and Hybrid Cloud), Enterprise Size (Small & Medium Enterprises and Large Enterprises), and Industry (IT & Telecom, BFSI, Media & Entertainment, Healthcare, and Others), and Geography
Dec 2022
Unified Endpoint Management Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Solutions and Services), Deployment Type (Cloud-Based and On-Premise), Platform (Desktop and Mobile), Organization Size (Large Enterprises and SMEs), End User (BFSI, Government and Defense, Healthcare, IT and Telecom, Automotive and Transportation, Retail, Manufacturing, and Others), and Geography
Dec 2022
AI in Computer Vision Market
Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Component (Software and Hardware) and End Use Industry (Security and Surveillance, Manufacturing, Automotive, Retail, Sports and Entertainment, and Others), and Geography
Get Free Sample For