Press release
Know about Human Resource Outsourcing Service Market Growth and Opportunities with Companies like Accenture, ADP, IBM, Infosys, Capita and Randstad
Human resource outsourcing is a process of subcontracting human functions to an external supplier. In today’s world, the rapid growth of industrialization has led to increasing the demand for trained and qualified employees to manage personal functions and administrative tasks of an enterprise. In order to improve operational efficiency, companies opt for services like human resource outsourcing in which the company that requires trained professionals, hire employees from firms providing such resources by having a service level agreement where both the groups mutually agree to the services that the resource will provide.The human resource outsourcing service market is predicted to register a CAGR of about +9% by 2022.
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Top Key Players:
• Accenture
• ADP
• IBM
• Infosys
• Randstad
• Capita
• Northgate Capital
• Xansa
• Vertex
• Ceridian HCM
• Aon Hewitt
• Adecco S.A.
Geographically, the global human resource outsourcing service market has fragmented across several regions. The major regions include North America, Latin America, Asia-Pacific, Africa, the Middle East, and Europe. It offers a complete overview of the global market along with the market influencing factors. Furthermore, it offers a detailed description of the global market with respect to the dynamics of the market such as internal and external driving forces, restraining factors, risks, challenges, threats, and opportunities. Analysts of this research report are predicting the financial attributes such as investment, pricing structures along with the profit margin.
The human resource outsourcing service market is characterized by a presence of both international and regional players. With the rising adoption of recruitment analytics, the players in the HR consulting service market are increasingly focused on expanding their product portfolio across the globe. To help clients improve their revenue shares in this competitive market, the report on the global human resource outsourcing market offers information about the key initiatives and strategies followed by the market players and provides an in-depth analysis of the market’s competitive landscape.
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Segmentation based on type of Human Resource Outsourcing Service Market:
• Business process HR outsourcing: In this process, there is an external supplier that manages all the activities of the resource
• Shared service HR outsourcing: In this process, only transaction or administrative elements of the human resources are subcontracted to an external supplier
• Application (and facilities) service HR outsourcing: In this, the external supplier looks after technological infrastructure in order to support the activities of HR
It enlists top key drivers which are influencing on Human Resource Outsourcing Service Market growth such as capital base, economies of scale and more on. Also, it sheds light on branding techniques, sales approaches, strategic vision, and technical advancements. Collectively, it gives more focus on market value at regional level, global level and company level.
Reasons for Buying this Report
• This report provides pin-point analysis for changing competitive dynamics
• It provides a forward-looking perspective on different factors driving or restraining market growth
• It provides a six-year forecast assessed on the basis of how the market is predicted to grow
• It helps in understanding the key product segments and their future
• It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments.
Table of Content:
Global Human Resource Outsourcing Service Market Research Report
1. Market Overview
2. Competition Analysis by Players
3. Company (Top Players) Profiles
4. Human Resource Outsourcing Service Market Size by Type and Application
5. US Market Status and Outlook
6. EU Development Market Status and Outlook
7. Japan Market Development Status and Outlook
8. China Market Status and Outlook
9. India Global Human Resource Outsourcing Service Market Status and Outlook
10. Southeast Asia Market Status and Outlook
11. Market Forecast by Region, Type and Application
12. Market Dynamics
13. Market Effect Factor Analysis
14. Research Finding/ Conclusion
15. Appendix
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