Global and Southeast Asia RPO (Recruitment Process Outsourcing) Market Outlook 2028

  • Product Code:
    RP-ID-10335702
  • Published Date:
    12 Oct 2020
  • Region:
    Global
  • Pages:
    221
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-9

Impact Analysis on the Growth of Market

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Global and Southeast Asia Recruitment Process Outsourcing Market Analysis 2019-2028
Recruitment Process Outsourcing includes the services offered by third-party service provider for managing the entire process of recruitment and related supply partners for providing the required skills, technologies, tools, activities and process methodologies for client’s recruitment department. The global and Southeast Asia recruitment process outsourcing (RPO) market is anticipated to achieve a CAGR of 20.80% during the forecast period, i.e. 2020-2028. Factors such as the increasing opportunities generated by the integration of artificial intelligence with recruitment process outsourcing, followed by the shift from the traditional recruitment process of face to face interviews to digitalized practice with the use of algorithms and analytics to identify the candidate before contacting with them and the increasing number of small and medium sized business are anticipated to promote towards the growth of the global and Southeast Asia recruitment process outsourcing (RPO) market. Additionally, factors such as the increasing number of graduates and post-graduates across the globe along with the increasing industrialization globally and the modernization of tools coupled with improved diversity and compliance, along with the rapid globalization are anticipated to drive the growth of the global and Southeast Asia recruitment process outsourcing market.
The global and Southeast Asia recruitment process outsourcing (RPO) market consists of various segments that are segmented by type of outsourcing, service, engagement, industry vertical and by region. The industry vertical segment is further sub-divided into IT & telecommunications, manufacturing, BFSI, healthcare, government, education and others. Out of these, the IT & telecommunications segment held the largest market share of around 23% in the year 2019 and is further expected to grow by a CAGR of around 22% during the forecast period. Additionally, the segment is also anticipated to cross a value of around USD 8100 million by the end of 2028.
Based on region, the global and Southeast Asia recruitment process outsourcing (RPO) market is segmented into North America, Europe, Asia Pacific except SEA, Southeast Asia, Latin America and Middle East & Africa. The market in Asia Pacific except SEA, which had accounted for around 10% share in the year 2019, is estimated to witness a CAGR of around 22% over the forecast period and is further expected to cross a value of around USD 3200 million by the end of 2028.
Some of the affluent industry leaders in the global and Southeast Asia recruitment process outsourcing (RPO) market are Hueman, LevelUP HCS, Advanced RPO, Y Scouts, Alexander Mann Solutions, PeopleScout – A TrueBlue Company, ManpowerGroup, Hudson Global Inc., EPS Recruitment Thailand and Wizmatrix.

Global and Southeast Asia RPO (Recruitment Process Outsourcing) Market

1. Introduction
1.1. Market Definition
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Research Objective
2.2. Secondary Research
2.3. Primary Research
2.3. Market Size Estimation
3. Executive Summary - Global and Southeast Asia RPO Market
4. Analysis of Market Dynamics
4.1. Drivers
4.2. Restraints/Challenges
4.3. Trends
4.4. Opportunities
5. Impact of COVID-19 Analysis on Global and Southeast Asia RPO Market
6. Key Hiring Trends
6.1. Split by Type of Hiring
6.2. Split by Source of Hiring
7. Analysis on RPO Provider Applicant Tracking System (ATS) Utilization
7.1. Own RPO Proprietary ATS
7.2. Avature
7.3. Lumesse IGRASP
7.4. Peoplefluent
7.5. Oracle/Taleo
7.6. Successfactors
7.7. Other
8. Study on RPO Pricing Model
8.1. Management Fee Model
8.2. Cost per Hire Model
8.3. Management Fee Plus Cost Per Hire
8.4. Cost Per slate
8.5. Cost Per Transaction
9. Assessment of RPO Geographic Scope of RPO Programs
9.1. Single Country Client Scope
9.2. Multi Country Client Scope
9.3. Servicing the Client in 3 or more regions
10. Study on Market Trends in and Southeast Asia Recruitment Process Outsourcing (RPO) Market
10.1. More Jobs Openings than Hires
10.2. Technology Enhancements and Big Data
10.3. Predictive Analytics
11. Global and Southeast Asia RPO Market Outlook
11.1. Market Size and forecast, 2019-2028F
o By Value (USD Million)
11.2. Global and Southeast Asia RPO Market Segmentation, 2019-2028F
o By Type of Outsourcing
· On-Demand RPO, 2019-2028F (USD Million)
· Function-based RPO, 2019-2028F (USD Million)
· Full RPO, 2019-2028F (USD Million)
o By Service
· On-site, 2019-2028F (USD Million)
· Off-site, 2019-2028F (USD Million)
o By Engagement
· Total RPO, 2019-2028F (USD Million)
· Partial RPO, 2019-2028F (USD Million)
o By Industry Vertical
· IT & Telecommunications, 2019-2028F (USD Million)
· Manufacturing, 2019-2028F (USD Million)
· BFSI, 2019-2028F (USD Million)
· Healthcare, 2019-2028F (USD Million)
· Government, 2019-2028F (USD Million)
· Education, 2019-2028F (USD Million)
· Other Industry Verticals, 2019-2028F (USD Million)
o By Region
· North America, 2019-2028F (USD Million)
· Europe, 2019-2028F (USD Million)
· Southeast Asia, 2019-2028F (USD Million)
· Asia-Pacific Except SEA, 2019-2028F (USD Million)
· Latin America, 2019-2028F (USD Million)
· Middle East and Africa, 2019-2028F (USD Million)
12. North America RPO Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Country
· U.S., 2019-2028F (USD Million)
· Canada, 2019-2028F (USD Million)
13. Europe RPO Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Country
· UK, 2019-2028F (USD Million)
· Germany, 2019-2028F (USD Million)
· Italy, 2019-2028F (USD Million)
· France, 2019-2028F (USD Million)
· Spain, 2019-2028F (USD Million)
· Russia, 2019-2028F (USD Million)
· Rest of Europe, 2019-2028F (USD Million)
14. Southeast Asia RPO Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Country
· Singapore, 2019-2028F (USD Million)
· Thailand, 2019-2028F (USD Million)
· Philippines, 2019-2028F (USD Million)
· Malaysia, 2019-2028F (USD Million)
· Indonesia, 2019-2028F (USD Million)
· Rest of Southeast Asia, 2019-2028F (USD Million)
15. Asia Pacific except Southeast Asia RPO Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Country
· China, 2019-2028F (USD Million)
· India, 2019-2028F (USD Million)
· Japan, 2019-2028F (USD Million)
· South Korea, 2019-2028F (USD Million)
· Rest of Asia Pacific Except SEA, 2019-2028F (USD Million)
16. Latin America RPO Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Country
· Brazil, 2019-2028F (USD Million)
· Mexico, 2019-2028F (USD Million)
· Argentina, 2019-2028F (USD Million)
· Rest of Latin America, 2019-2028F (USD Million)
17. Middle East & Africa RPO Market Outlook
o Market Overview
o Market Size, 2019-2028F (USD Million)
o Assessment of Macroeconomic Factors
o Market Segmentation
o By Country
· Israel, 2019-2028F (USD Million)
· UAE, 2019-2028F (USD Million)
· Saudi Arabia, 2019-2028F (USD Million)
· South Africa, 2019-2028F (USD Million)
· Rest of MEA, 2019-2028F (USD Million)
18. Competitive Landscape
o Global Players
18.1. Hueman
18.2. LevelUP HCS
18.3 Advanced RPO (Advanced Group)
18.4. Y Scouts
18.5. Alexander Mann Solutions
18.6. PeopleScout – A TrueBlue Company
18.7. Manpower Group
o Southeast Asia Players
18.8. Hudson Global Inc.
18.9. EPS Recruitment Thailand
18.10. Wizmatrix
18.11. Morgan McKinley
18.12. Kelly Services Inc.
18.13. PGS Global Solutions

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Hueman, LevelUP HCS, Advanced RPO, Y Scouts, Alexander Mann Solutions, PeopleScout – A TrueBlue Company, ManpowerGroup, Hudson Global Inc., EPS Recruitment Thailand and Wizmatrix.

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