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Global HR & Recruitment Services: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global HR & Recruitment Services Market Research Report | Dec 2015

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global HR & Recruitment Services global market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies globally and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Adecco Adecco market share
Manpower Manpower market share
Randstad Randstad market share
Industry Statistics & Forecast
Revenue
$619bn
Annual Growth 10-15
1.5%
Annual Growth 15-20
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Profit
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Employment ('000)
3,006
Businesses
266,150
Industry Analysis & Industry Trends

The Global HR and Recruitment Services industry relies on organizations outsourcing recruitment processes and human resource (HR) management functions. Industry performance is largely dependent on economic conditions in major markets and their flow-on effects on demand for labor around the world. While the liberalization of labor laws in developed economies has historically been key to industry growth, large players are now focusing efforts on emerging markets, as these regions follow suit in the liberalization of labor laws. Although the recession hurt demand for industry services during the recession, rising GDPs in emerging economies are expected to help the industry grow... read more

Industry Analysis

In the five years to 2015, IBISWorld anticipates that revenue for the Global HR and Recruitment Services industry will grow at an annualized rate of 1.5% to $619.1 billion. Although the industry had struggled with weak economic conditions early during the five-year period, US employment has slowly recovered and the debt crisis across Europe has mostly stabilized. Furthermore, Japan experienced disparate employment crises and population displacement in 2011 following a major earthquake in the Pacific Ocean that led to a subsequent tsunami and system failure at the Fukushima Nuclear Power Plant. Nevertheless, the industry is growing in other regions of the world, particularly in emerging markets... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global HR & Recruitment Services Industry?

Companies in this industry provide outsourced human resource (HR) and employment placement services. These services can include selecting and placing permanent and temporary staff, employee leasing, listing employment vacancies and outsourcing management of personnel-related administrative functions, such as payroll and employee benefit administration.

Industry Products
Temporary placementPermanent staffingEmployee leasingOther services
 
Industry Activities
Operating employment agencies or registriesOperating employment referral agencies or registriesProviding permanent placement servicesProviding temporary placement servicesProviding online job and resume listing services


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