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$35.7 Billion Worldwide Human Resources Consulting Services Industry to 2027 - Impact of COVID-19 on the Market

·2 min read

DUBLIN, Nov. 13, 2020 /PRNewswire/ -- The "Human Resources Consulting Services - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

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The publisher brings years of research experience to the 7th edition of this report. The 143-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Human Resources Consulting Services Market to Reach $49.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Human Resources Consulting Services estimated at US$35.7 Billion in the year 2020, is projected to reach a revised size of US$49.7 Billion by 2027, growing at a CAGR of 4.9% over the period 2020-2027.

The U.S. Market is Estimated at $9.7 Billion, While China is Forecast to Grow at 7.5% CAGR

The Human Resources Consulting Services market in the U.S. is estimated at US$9.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.2 Billion by the year 2027 trailing a CAGR of 7.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 4.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

Competitors identified in this market include, among others:

  • Automatic Data Processing, Inc. (ADP)

  • Kronos, Inc.

  • Oracle Corporation

  • SAP SE

  • Ultimate Software Group, Inc.

  • Workday, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares

  • Human Resources Consulting Services Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 47

For more information about this report visit https://www.researchandmarkets.com/r/vjonp4

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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View original content:http://www.prnewswire.com/news-releases/35-7-billion-worldwide-human-resources-consulting-services-industry-to-2027---impact-of-covid-19-on-the-market-301172792.html

SOURCE Research and Markets