The global employment services market is expected to grow from $978.72 billion in 2020 to $1193.68 billion in 2021 at a compound annual growth rate (CAGR) of 22%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1677.81 billion in 2025 at a CAGR of 9%
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The employment services market consists of sales of employment services and related goods by entities (organizations, sole traders and partnerships) that list employment vacancies and refer or place applicants for employment; provide executive search, recruitment, and placement services; supply workers to clients’ businesses for limited periods of time to supplement the working force of the client; or provide human resources and human resource management services to client businesses and households. The employment services market is segmented into employment placement agencies; executive search services; temporary help services and professional employer organizations.
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The employment services market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the employment services market are Adecco S A, Randstad Holding NV, Manpower Inc, HireRight LLC, Sterling Talent Solution.
The global employment services market is segmented –
1) By Type: Employment Placement Agencies, Executive Search Services, Temporary Help Services, Professional Employer Organizations
2) By Vertical: Banking and Financial, Engineering, Medical, Information and Technology, Others
3) By Mode: Online, Offline
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The employment services market report describes and explains the global employment services market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The employment services report evaluates the market across each region and for the major economies within each region.
The countries covered in the global employment services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global employment services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Employment Services Market Characteristics
- Employment Services Market Product Analysis
- Employment Services Market Supply Chain
- Key Mergers And Acquisitions In The Employment Services Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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