Recruitment Process Outsourcing Market Scope, Growth, Size and Share by 2031
Recruitment Process Outsourcing Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 8.20 Billion |
Market Size by 2031 | US$ 66.54 Billion |
Global CAGR (2023 - 2031) | 29.9 % |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Recruitment Process Outsourcing Market News and Recent Developments
The recruitment process outsourcing market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In August 2022, Hudson Global, Inc., a management consulting firm, purchased Hunt & Badge, a recruitment firm headquartered in Chennai. This acquisition seeks to strengthen the company's staff and expand its operations into other industry areas around the world.
(Source: Hudson Global, Company Website, 2022)
- In MAy 2021, TrackTik Software, which specializes in cloud-based security workforce management, announced a partnership with ADP Workforce Now, a comprehensive payroll and HR administration system. This connection seeks to streamline the payroll process by eliminating the need for human data entry, which leads to lower expenses, fewer errors, and more time saved.
(Source: TrackTik Software, Company Website, 2023)
Recruitment Process Outsourcing Market Report Coverage and Deliverables
The "Recruitment Process Outsourcing Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles