SEARCH   
MEMBER LOGIN    
Forgot Password?

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 | Aug 2016

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
$643bn
Annual Growth 11-16
1.0%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment ('000)
3,134
Businesses
273,038
Industry Analysis & Industry Trends

The Global HR and Recruitment Services industry relies on organizations' demand for and outsourcing of recruitment processes and human resource (HR) management activities. Industry performance largely depends on economic conditions in major markets and the effect these conditions have on demand for labor worldwide. Over the five years to 2016, industry revenue is expected to increase.The period was marked by volatility, but continued growth in emerging markets and improvements in the labor markets of developed nations caused the industry to grow from 2014 onward, and allowed operators to expand profit margins. IBISWorld estimates that revenue will increase in the five years to 2021... read more

Industry SWOT Analysis

The Global HR and Recruitment Services industry is in the mature phase of its life cycle. The industry's contribution the global economy, as measured by industry value added, is expected to increase at an annualized rate of 0.3% in the 10 years to 2021. In comparison, global GDP is forecast to increase an annualized 2.7% during the same period. The industry's steady growth is largely due to the gradual recovery in the global labor market, as well as additional manufacturing and construction employment opportunities that have emerged in developing countries.

Another indication that the industry has achieved maturity is the consolidation that has occurred over the past five years among its largest firms. In .. 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


Quote
Select Clients