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Global Recruitment Process Outsourcing Market (2020 to 2028) - Featuring Hudson Global, Cielo and Futurestep Among Others - ResearchAndMarkets.com

·4 min read

The "Recruitment Process Outsourcing (RPO) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering.

The purpose of this report is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global recruitment process outsourcing market.

Recruitment process outsourcing (RPO) refers to a segment of business process outsourcing (BPO) industry wherein the entire or partial recruitment tasks of an organization is transferred to a third-party vendor. The RPO services offered by the vendors primarily include candidate screening, offer execution, job posting and other important activities in the recruitment process. RPO should not be confused with the staffing services, in which case the former includes proficient management of recruitment processes and responsibility of results.

RPO enables the client organization focusing on their core businesses with substantial reduction in overheads. The market for recruitment process outsourcing (RPO) is broadly segmented on the basis of engagement models and industry verticals. On the basis of engagement models, the market is segment into on-demand and end-to-end RPO. Further, the market is segmented on the basis of industry verticals into BFSI, IT & telecommunication, IT enabled services & BPO, healthcare, manufacturing & heavy industries and others. The others segment primarily comprises retail, education and utilities. The recruitment process outsourcing market worldwide accounted for revenue of US$ 6,930.9 Mn in 2019. The market is projected to expand with a CAGR of 16.9% during the forecast period from 2020 to 2028.

Companies Mentioned

  • Alexander Mann Solutions

  • ManpowerGroup Solutions

  • Hudson Global

  • Kenexa Corporation (an IBM Corporation company)

  • Randstad Holding NV

  • ADP LLC

  • Atterro Human Capital Group

  • Accolo Inc.

  • Kelly Outsourcing and Consulting Group

  • Cielo Inc

  • Futurestep

  • Hays Plc

In-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the recruitment process outsourcing industry

  • Market fuelers, market impediments, and their impact on the market growth

  • In-depth competitive environment analysis

  • Value Chain Analysis

  • Trailing 2-Year market size data (2018 - 2019)

  • SRC (Segment-Region-Country) Analysis

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

2.1 Market Snapshot: Global Recruitment Process Outsourcing Market

2.2 Global Recruitment Process Outsourcing Market, By Engagement Model

2.3 Global Recruitment Process Outsourcing Market, By Industry Vertical

2.4 Global Recruitment Process Outsourcing Market, By Geography

Chapter 3 Market Dynamics

3.1 Recruitment Process Outsourcing Market Overview

3.1.1 Global Recruitment Process Outsourcing Market Revenue AND Growth, 2018 - 2028, (US$ Mn) (%)

3.2 Market Inclination Insights

3.2.1 Acquisition and partnerships with other market players

3.2.2 Focus on specialization

3.2.3 Targeting Asia Pacific and North America

3.2.4 Extensive use of social media and 'Headhunting'

3.3 Market Dynamics

3.3.1 Market Drivers

3.3.1.1 Superior Advantages of Recruitment Process Outsourcing over In-house Process

3.3.1.2 Rising economic development in Asia Pacific

3.3.2 Market Growth Inhibitors

3.3.2.1 Hesitance towards adoption of RPO service

3.3.3 Opportunities

3.4 See-Saw Analysis

3.4.1 Impact Analysis of Drivers and Restraints

3.5 Attractive Investment Proposition

3.6 Market Positioning of Key Recruitment Process Outsourcing Vendors

Chapter 4 Global Recruitment Process Outsourcing Market Analysis, By Engagement Model

4.1 Pac-Man Analysis

4.1.1 Global Recruitment Process Outsourcing Market Revenue Share, By Engagement Model, 2019 & 2028 (% Value)

4.2 On-demand RPO

4.3 End-to-end RPO

Chapter 5 Global Recruitment Process Outsourcing Market Analysis, By Industry Vertical

5.1 Tornado Analysis

5.1.1 Global Recruitment Process Outsourcing Market Revenue Share, By Industry Vertical, 2019 & 2028 (% Value)

5.2 Banks, Financial Services and Insurance (BFSI)

5.3 IT & Telecommunication

5.4 ITeS & BPO

5.5 Healthcare

5.6 Manufacturing & Heavy Industries

5.7 Others (Retail, Education, Utilities etc.)

Chapter 6 North America Recruitment Process Outsourcing Market Analysis

Chapter 7 Europe Recruitment Process Outsourcing Market Analysis

Chapter 8 Asia Pacific Recruitment Process Outsourcing Market Analysis

Chapter 9 Rest of the World (RoW) Recruitment Process Outsourcing Market Analysis

Chapter 10 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/4ztp56

View source version on businesswire.com: https://www.businesswire.com/news/home/20210223005599/en/

Contacts

ResearchAndMarkets.com
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press@researchandmarkets.com
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    Workhorse Group Inc. said Thursday that it met with U.S. Postal Service representatives on March 3, to discuss why the electric vehicle maker missed out on a Next Generation Delivery Vehicle contract, which was awarded to Oshkosh Corp. Workhorse said it can't disclose details of the discussion at this time, but said it plans to share information when permitted. The stock slumped 3.4% in premarket trading. Missing out on the USPS contract had sent Workhorse's stock plunging 47.5% on Feb. 23 to $16.46, and the stock has lost another 9.4% since to close Wednesday at $14.92, the lowest close since June 29, 2020. "Yesterday's meeting with the USPS marked the first step in what we expect may be a prolonged process to explore our options and possibly pursue further action related to our NGDV bid," said Chief Executive Duane Hughes. "We will continue to follow the proper due course procedures as defined by the USPS and will also look to other options available to us." He said legal and corporate advisory firms were retained to identify and pursue its options. Workhorse's stock has lost 32.4% over the past three months through Wednesday, while Oshkosh shares have rallied 28.6% and the S&P 500 has gained 3.3%.

  • Sole proprietors, contractors, and freelancers now qualify for bigger PPP loans

    Contractors, freelancers, and sole proprietors in the US can now access considerably larger loans from the Paycheck Protection Program (PPP), following a new rule issued by the Small Business Administration (SBA) on Wednesday. The rule allows entrepreneurs without employees to calculate their loan eligibility using gross income rather than net income, making the loans far more generous, especially for businesses with little or no profit.