Industry Background:
Recruitment and staffing is a process by which businesses find employees. Thus, the recruitment and staffing service providers play a vital role and over the past century, their demand has exponentially increased from various industries. The service providers have expert HR involved in providing the recruitment and staffing solutions and even customized solution as per the demand of the individual organization. The growth of organizations and their reduced capability to hire the right person majorly has a positive impact on the growth of the global recruitment and staffing services market.This growth is primarily driven by High Demand for Cost-effective Candidate Hiring
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Attributes | Details |
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Study Period | 2017-2030 |
Base Year | 202 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Business Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as The Adecco Group (Switzerland), Manpower Group (United States), Randstad Holding NV (Netherlands), Allegis Group, Inc. (United States), Hays PLC (United Kingdom), Kelly Services, Inc. (United States), Recruit Holdings (Japan), Temp Holdings (Japan), Recruit Global Staffing (Netherlands), Insperity, Inc. (United States) and ADP, LLC (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In February 2018, The Adecco Group, a global HR services firm headquartered in Switzerland, announced that it has acquired Vettery. The acquisition of Vettery accelerates the development of the Adecco Group’s digital strategy, broadening its offering into the fast-growing digital permanent recruitment market and complementing our professional recruitment businesses
Influencing Trend:
Rising Trend of Online Recruitment Process
Market Growth Drivers:
High Demand for Cost-effective Candidate Hiring and Increasing Adoption of Advanced Recruitment and Staffing
Restraints:
Shortage of Skilled Professionals
Opportunities:
Growing Demand from End-users and Increasing Spending on Technology
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Recruitment and Staffing Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Recruitment and Staffing Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Recruitment and Staffing players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Recruitment and Staffing Study Sheds Light on
The Recruitment and Staffing Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Recruitment and Staffing industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Recruitment and Staffing industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.