Global Recruitment Process Outsourcing Market Size study, by Services (Multi-country Recruitment Process Outsourcing (MCRPO) and Blended Recruitment process outsourcing (BRPO)), by End-User (Telecom, Healthcare, Services, Energy, Manufacturing and BFSI) and Regional Forecasts 2020-2026

  • Product Code:
    RP-ID-10321895
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    200
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

Global Recruitment Process Outsourcing Market is valued approximately USD XXX Billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2026. Recruitment process outsourcing (RPO) is referred as business model where a company outsources the management of the recruitment function to a third-party expert to drive quality, service, efficiency and scalability benefits. The RPO are the providers act as an extension of a company’s HR or resourcing function, sitting on site with the client providing a holistic hiring solution. Additionally, RPO enables necessary technology, staff and methodology which is needed to fulfill a client’s recruitment requirement. The RPO saves additional timing and cost of an organization indulged in recruitment of personnel within an organization, due to such factors recruitment process outsourcing is expected to grow over the forecast years. For instance: as per Hudson RPO, RPO can reduce time to hire by 40 percent and deliver cost savings of more than 50 percent. Moreover, the increasing adoption of cloud and web-based services and software solutions are the factors propelling the growth of market over the forecast years. However, hidden cost associated with RPO is expected to hamper the growth of market over the forthcoming period.

The regional analysis of global Recruitment Process Outsourcing market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rapid growth in adoption of cloud and web-based services & software solutions across the region for recruitment process. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such rising growth in newly graduated and post-graduate students population in the region would create lucrative growth prospects for the Recruitment Process Outsourcing market across Asia-Pacific region.

Major market player included in this report are:
Accenture Plc
Automatic Data Processing, Inc.
Alexander Mann Solutions
AMN Healthcare Services, Inc.
Deloitte Touche Tohmatsu Ltd.
Hudson Global Inc.
Infosys Ltd.
International Business Machines Corp.
KPMG International Cooperative
Randstad Sourceright EMEA BV

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Services:
Multi-country Recruitment Process Outsourcing (MCRPO)
Blended Recruitment process outsourcing (BRPO)

By End-User:
Telecom
Healthcare
Services
Energy
Manufacturing
BFSI

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global Recruitment Process Outsourcing Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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Accenture Plc
Automatic Data Processing, Inc.
Alexander Mann Solutions
AMN Healthcare Services, Inc.
Deloitte Touche Tohmatsu Ltd.
Hudson Global Inc.
Infosys Ltd.
International Business Machines Corp.
KPMG International Cooperative
Randstad Sourceright EMEA BV
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