Human resource outsourcing is a process of subcontracting human functions to an external supplier.
Technavio’s analysts forecast the global human resource outsourcing market to grow at a CAGR of 8.69% during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the global human resource outsourcing market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: •Americas •APAC •EMEA
Technavio’s report, Global Human Resource Outsourcing Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Market driver • Digitization of human resource outsourcing • For a full, detailed list, view our report
Market challenge • Increased dependence on outsourcing agencies • For a full, detailed list, view our report
Market trend • Rise in the adoption of recruitment analytics • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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About HR Outsourcing Market Outsourcing of HR services helps firms to reduce operating cost as the expenses of outsourcing is relatively less compared with maintaining in-house capabilities. This is because cost components such as expenses related to recruitment and training, maintenance of HR and payroll software, office rents,...
472 pages •
By Global Industry Analysts
• Feb 2016
This report analyzes the worldwide markets for Human Resource Outsourcing (HRO) in US$ Million by the following Service Segments: Benefits Administration Services, Payroll Services, Education and Training Services, Recruitment Process Outsourcing, and Other Services. The report provides separate comprehensive analytics for the US, Canada,...