As per this study, the Global Recruitment And Staffing Market was valued USD XX BN (by revenue) in 2019 and is anticipated to reach USD XX BN by 2026 with a CAGR of X%.
Recruitment refers to a process of hiring the candidate for permanent role whereas staffing refers to a process of hiring of the candidate for the short-term or temporary role. Both processes requires strong recruitment channel, better vetting for selecting appropriate candidate. It includes process from reviewing resumes, candidate screening, personal interview and final selection or rejection of the candidate.
Rising youth population coupled with the high demand of cost-effective candidate hiring is driving the market growth. Increasing adoption of advanced recruitment and staffing solutions such as applicant tracking system and others for cost-effective and better hiring is boosting the market growth. The rise in the competitive atmosphere across all industries leading to better candidate hiring is further fueling the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of recruitment and staffing.
The broad recruitment and staffing market has been sub-grouped into type, channel and service. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for recruitment and staffing in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Recruitment And Staffing Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the recruitment and staffing market include Adecco Staffing, ADP, LLC, Allegis Group, Hays PLC, Insperity, Kelly Services Inc., Manpower Group, Randstad Holding NV, Recruit Holdings Co. Ltd., Temp Holdings Co. Ltd., and USG people. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.