Recruitment Process Outsourcing (RPO) Market in the APAC Region 2016 Analysis & Forecast 2022

Recruitment Process Outsourcing (RPO) Market in the APAC Region 2015-2019

About the Report

RPO providers offer services beyond back-office processes and also guide clients in selecting the right talent through methods like benchmarking, best practices and process improvement.

“RPO is likely to be valued as a strategic decision for curbing issues related to HR management in a cost-effective manner, thereby offering the most flexible structure in terms of price and scope of services,”.

The analysts forecast the Recruitment Process Outsourcing market in the APAC region to grow at a CAGR of 16.24 percent over the period 2014-2019.

RPO is a sub-segment of HRO. Recruitment activities include recruitment process design, candidate sourcing and screening, assessment, hiring, on-boarding and consulting, and also other value-added services. It consists of sub-contracting recruitment processes of an organization to a third-party vendor that has expertise in the required functions.

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RPO enhances the process of recruitment by improving its effectiveness due to the access to right talent to conduct the process. Though the process was initially driven by the need to reduce recruitment costs, now the whole concept is observed as a key strategy to tackle the challenges pertaining to talent acquisition. It helps firms increase their operational efficiency, concentrate on their core competencies, reduce time-to-market, obtain access to best-in-class talent and experience along with latest technologies, and build an organization with an economical cost structure in the long run.

The latest report emphasizes evolving RPO models, which are expected to become popular among MNCs in the coming years.

“Multi-country Recruitment Process Outsourcing or MCRPO is leading the market in the APAC region and is facilitating employers to optimize their global recruitment process, thus ensuring consistency across all countries and regions,”.

MCRPO deals are expected to see increased adoption in the coming years, with BRIC countries expected to emerge as key buyers in MCRPO deals.

Covered in this Report

This report covers the present scenario and the growth prospects of the Recruitment Process Outsourcing market in the APAC region for the period 2015-2019. The market is categorized into different segments based on end-users and country.

The report, Recruitment Process Outsourcing (RPO) Market in the APAC Region 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes the profile of key vendors operating in this market.

Market Scope and Calculation of Market Size

The report covers the present scenario and growth prospects of the RPO Market in the APAC region from 2015-2019. To calculate the market size, the report considers the revenue generated from the Blended RPO Market and the MCRPO Market.

Key Information Covered in the Report:

Key Vendors:

Aon plc
IBM Corp.
ManpowerGroup
PeopleStrong
Randstad Sourceright

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This release was published on openPR.