Press release
Global Next Generation RPO Market Dynamics, Analysis and Forecast Research (2022 - 2030) | PeopleScout, Planet Group, Rocket Power, Inc, Sevenstep, TriSearch
Next Generation RPO (Recruitment Process Outsourcing) refers to the use of advanced technologies and innovative solutions in the recruitment process to improve the quality of hiring and reduce costs. This includes the use of data analytics, artificial intelligence, machine learning, and other technologies to automate and streamline various stages of the recruitment process. The market for Next Generation RPO is driven by various factors such as the growing demand for efficient and cost-effective recruitment solutions, increasing use of social media and other digital platforms for talent acquisition, and rising competition for skilled talent among organizations.In terms of revenue, global next generation RPO market is anticipated to witness a CAGR of 16.5% over the forecast period (2022 - 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
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The Next Generation RPO market is driven by several factors such as the need for cost-effective and efficient recruitment solutions, the growing demand for skilled talent, and the adoption of digital platforms for talent acquisition. The use of artificial intelligence and machine learning algorithms for resume screening and candidate matching is also driving the growth of the market. Next Generation RPO solutions help organizations to automate various stages of the recruitment process, such as candidate sourcing, screening, and interviewing, which reduces the time and cost of hiring. Additionally, the use of advanced technologies in recruitment enables organizations to identify and engage with candidates who are a better fit for the job, resulting in better quality of hires.
Despite the numerous benefits, the Next Generation RPO market faces several challenges such as data privacy concerns and the lack of skilled professionals to manage advanced recruitment technologies. Organizations must ensure that the recruitment process is compliant with data privacy regulations to avoid legal implications. Moreover, the implementation of advanced technologies requires skilled professionals who are proficient in data analytics, machine learning, and artificial intelligence. The shortage of skilled professionals is a major challenge for organizations looking to adopt advanced recruitment technologies.
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Key Players Influencing the Next Generation RPO Market:
Catenon, S.A., CIELO, Hudson Global Inc, NXTThing RPO, PeopleScout, Planet Group, Recruit Holdings Co., Ltd., RGF Staffing, Rocket Power, Inc, SA Technologies, Inc., Sevenstep, TriSearch, and WilsonHCG amongst other industry participants.
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Our 420+ Pages Report titled, Next Generation RPO Market will include extensive information on the following pointers:
Global market size and forecast values (2015 - 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
Years Considered (2015 - 2030)
(Historic Years: 2015 - 2020
Base Year: 2021
Forecast Years: 2022 - 2030)
Market determinants and Influencing Factors
Market Dynamics (Drivers, Restraints, Opportunities and Trends)
Analysis on Impact of Covid-19 on Global Next Generation RPO Market
Macro-Economic and Micro-Economic Indicators
Porter's Five Forces Analysis
Regulatory Landscape
PESTEL Analysis
Competitive Benchmarking: Global Presence and Growth Strategies
(Mergers and Acquisitions
Product Launches
Investments Trends
R&D Initiatives)
Market Share Analysis, 2021
Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Next Generation RPO Market:
By Offering
Enterprise RPO
Project-based RPO
Full Service/Total RPO
On-Demand RPO
Others
By Technology
Artificial Intelligence and Machine Learning
Predictive Analytics
Others
By Workforce Type
Permanent
Contractual
By Enterprise Size
Small and Medium Enterprises
Large Enterprises
By End User Industry
Banking, Financial Services and Insurance
Information Technology and Telecommunications
Manufacturing
Automotive
Travel & Hospitality
Healthcare & Pharmaceuticals
Retail & Consumer Goods
Energy
Education
Others
By Region
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]
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