Global Recruitment Staffing Market Valued at USD 506.4 Billion in 2022, Expected to Grow at a CAGR of 3.4% from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Recruitment Staffing market size accounted for USD 506.4 Billion in 2022, growing at a CAGR of 3.4% from 2023 to 2033. The recruitment staffing market refers to the industry involved in providing recruitment and staffing services to organizations. This market encompasses a range of services aimed at helping businesses find and hire qualified candidates for their job openings, whether on a temporary, contract, or permanent basis. Recruitment staffing services are typically offered by specialized companies or agencies known as recruitment or staffing firms. The recruitment staffing market is influenced by factors such as economic conditions, industry trends, labor market dynamics, and technological advancements. It plays a vital role in helping organizations attract and retain talent, manage workforce fluctuations, and improve operational efficiency.
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Key Highlights:
• The global Recruitment Staffing Market size was valued at USD 506.4 billion in 2022 growing at a CAGR of 3.4% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has published a new market research report on Global Recruitment Staffing Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
In terms of COVID 19 impact, the Recruitment Staffing market report also includes the following data points:
• COVID19 Impact on Recruitment Staffing market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Recruitment Staffing market
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Key Players
Some of the major Recruitment Staffing players holding high market share include Automatic Data Processing (ADP), Inc., Cezanne HR Ltd., and Ceridian HCM, Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Automatic Data Processing (ADP), Inc.
• Cezanne HR Ltd.
• Ceridian HCM, Inc.
• IBM Corporation
• Kronos Incorporated
• Mercer LLC
• NetSuite, Inc.
• Oracle Corporation
• SAP SE
• Talentsoft.
Segmental Analysis
Market Segment By Software with focus on market share, consumption trend, and growth rate of Recruitment Staffing Market:
o Core HR
o Recruiting
o Talent Management
o Workforce Planning & Analysis
o Others
Market Segment By Service with focus on market share, consumption trend, and growth rate of Recruitment Staffing Market:
o Integration & Deployment
o Support & Maintenance
o Training & Consulting
Parameters Details
Market Size (2022) $ 506.4 Billion
CAGR (2023 to 2033) 3.4%
Market Segmentation Software, Service
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America
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Global Recruitment Staffing Geographic Coverage:
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific
• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
Reasons to Buy this Report:
• Detail analysis of the impact of market drivers, restraints, and opportunities
• Competitive Intelligence provides an understanding of the ecosystem
• Details analysis of the Total Addressable Market (TAM) of your products
• Investment Pockets and New Business Opportunities
• Demand-supply gap analysis
• Strategy Planning

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