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Global Human Resource Outsourcing Market Research Report 2024
Synopsis
Human resource outsourcing is a process of subcontracting human functions to an external supplier.
The global Human Resource Outsourcing market was valued at US$ 34590 million in 2023 and is anticipated to reach US$ 46660 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
The process of human resource outsourcing is beneficial to many companies since this concept makes business processes very economical and efficient. Such factors drive the growth of human resource outsourcing market. Also, a lot of tedious training is required to have a separate operational HR department. Thus, business organizations prefer outsourcing as a solution. Such factors boost the market for human resource outsourcing.
This report aims to provide a comprehensive presentation of the global market for Human Resource Outsourcing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Human Resource Outsourcing.
Report Scope
The Human Resource Outsourcing market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Human Resource Outsourcing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Human Resource Outsourcing companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Accenture
ADP
IBM
Infosys
Randstad
Segment by Type
Payroll Outsourcing
Benefits Administration Outsourcing
Multiprocess Human Resource Outsourcing
Recruitment Process Outsourcing
Learning Services Outsourcing
Segment by Application
BFSI
Healthcare
IT
Hospitality
Retail
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Human Resource Outsourcing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Human resource outsourcing is a process of subcontracting human functions to an external supplier.
The global Human Resource Outsourcing market was valued at US$ 34590 million in 2023 and is anticipated to reach US$ 46660 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.
The process of human resource outsourcing is beneficial to many companies since this concept makes business processes very economical and efficient. Such factors drive the growth of human resource outsourcing market. Also, a lot of tedious training is required to have a separate operational HR department. Thus, business organizations prefer outsourcing as a solution. Such factors boost the market for human resource outsourcing.
This report aims to provide a comprehensive presentation of the global market for Human Resource Outsourcing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Human Resource Outsourcing.
Report Scope
The Human Resource Outsourcing market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Human Resource Outsourcing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Human Resource Outsourcing companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Accenture
ADP
IBM
Infosys
Randstad
Segment by Type
Payroll Outsourcing
Benefits Administration Outsourcing
Multiprocess Human Resource Outsourcing
Recruitment Process Outsourcing
Learning Services Outsourcing
Segment by Application
BFSI
Healthcare
IT
Hospitality
Retail
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Human Resource Outsourcing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Human Resource Outsourcing Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Payroll Outsourcing
1.2.3 Benefits Administration Outsourcing
1.2.4 Multiprocess Human Resource Outsourcing
1.2.5 Recruitment Process Outsourcing
1.2.6 Learning Services Outsourcing
1.3 Market by Application
1.3.1 Global Human Resource Outsourcing Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 BFSI
1.3.3 Healthcare
1.3.4 IT
1.3.5 Hospitality
1.3.6 Retail
1.3.7 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Human Resource Outsourcing Market Perspective (2019-2030)
2.2 Human Resource Outsourcing Growth Trends by Region
2.2.1 Global Human Resource Outsourcing Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Human Resource Outsourcing Historic Market Size by Region (2019-2024)
2.2.3 Human Resource Outsourcing Forecasted Market Size by Region (2025-2030)
2.3 Human Resource Outsourcing Market Dynamics
2.3.1 Human Resource Outsourcing Industry Trends
2.3.2 Human Resource Outsourcing Market Drivers
2.3.3 Human Resource Outsourcing Market Challenges
2.3.4 Human Resource Outsourcing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Human Resource Outsourcing Players by Revenue
3.1.1 Global Top Human Resource Outsourcing Players by Revenue (2019-2024)
3.1.2 Global Human Resource Outsourcing Revenue Market Share by Players (2019-2024)
3.2 Global Human Resource Outsourcing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Human Resource Outsourcing Revenue
3.4 Global Human Resource Outsourcing Market Concentration Ratio
3.4.1 Global Human Resource Outsourcing Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Human Resource Outsourcing Revenue in 2023
3.5 Human Resource Outsourcing Key Players Head office and Area Served
3.6 Key Players Human Resource Outsourcing Product Solution and Service
3.7 Date of Enter into Human Resource Outsourcing Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Human Resource Outsourcing Breakdown Data by Type
4.1 Global Human Resource Outsourcing Historic Market Size by Type (2019-2024)
4.2 Global Human Resource Outsourcing Forecasted Market Size by Type (2025-2030)
5 Human Resource Outsourcing Breakdown Data by Application
5.1 Global Human Resource Outsourcing Historic Market Size by Application (2019-2024)
5.2 Global Human Resource Outsourcing Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Human Resource Outsourcing Market Size (2019-2030)
6.2 North America Human Resource Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Human Resource Outsourcing Market Size by Country (2019-2024)
6.4 North America Human Resource Outsourcing Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Human Resource Outsourcing Market Size (2019-2030)
7.2 Europe Human Resource Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Human Resource Outsourcing Market Size by Country (2019-2024)
7.4 Europe Human Resource Outsourcing Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Human Resource Outsourcing Market Size (2019-2030)
8.2 Asia-Pacific Human Resource Outsourcing Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Human Resource Outsourcing Market Size by Region (2019-2024)
8.4 Asia-Pacific Human Resource Outsourcing Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Human Resource Outsourcing Market Size (2019-2030)
9.2 Latin America Human Resource Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Human Resource Outsourcing Market Size by Country (2019-2024)
9.4 Latin America Human Resource Outsourcing Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Human Resource Outsourcing Market Size (2019-2030)
10.2 Middle East & Africa Human Resource Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Human Resource Outsourcing Market Size by Country (2019-2024)
10.4 Middle East & Africa Human Resource Outsourcing Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Accenture
11.1.1 Accenture Company Detail
11.1.2 Accenture Business Overview
11.1.3 Accenture Human Resource Outsourcing Introduction
11.1.4 Accenture Revenue in Human Resource Outsourcing Business (2019-2024)
11.1.5 Accenture Recent Development
11.2 ADP
11.2.1 ADP Company Detail
11.2.2 ADP Business Overview
11.2.3 ADP Human Resource Outsourcing Introduction
11.2.4 ADP Revenue in Human Resource Outsourcing Business (2019-2024)
11.2.5 ADP Recent Development
11.3 IBM
11.3.1 IBM Company Detail
11.3.2 IBM Business Overview
11.3.3 IBM Human Resource Outsourcing Introduction
11.3.4 IBM Revenue in Human Resource Outsourcing Business (2019-2024)
11.3.5 IBM Recent Development
11.4 Infosys
11.4.1 Infosys Company Detail
11.4.2 Infosys Business Overview
11.4.3 Infosys Human Resource Outsourcing Introduction
11.4.4 Infosys Revenue in Human Resource Outsourcing Business (2019-2024)
11.4.5 Infosys Recent Development
11.5 Randstad
11.5.1 Randstad Company Detail
11.5.2 Randstad Business Overview
11.5.3 Randstad Human Resource Outsourcing Introduction
11.5.4 Randstad Revenue in Human Resource Outsourcing Business (2019-2024)
11.5.5 Randstad Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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