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Outplacement Services Market worth $8.11 billion by 2030, growing at a CAGR of 7.48% - Exclusive Report by 360iResearch
Outplacement Services Market | 360iResearch
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Outplacement services provide essential support to employees transitioning to new jobs post-termination, encompassing career counseling, resume assistance, interview coaching, job search strategy development, and sometimes retraining. These services are vital for reducing the emotional impact on employees, enhancing employer branding, and managing legal risks. They are applicable in scenarios such as mass layoffs, individual terminations, mergers and acquisitions, company closures, and downsizing. End-users include individuals, job seekers, corporations, SMEs, and public sector organizations. Key growth factors include economic recessions, M&A activity, employer branding needs, and technological advancements, with potential growth opportunities in the digitization of services, global expansion, sector-specific customization, and partnership development. Recommendations for capturing these opportunities include personalizing services, leveraging data analytics, and enhancing digital offerings. However, challenges such as high costs, variable effectiveness, market saturation, economic stability, regulatory changes, and client reluctance exist. Areas ripe for innovation include virtual reality for interview simulations, AI for personalized career paths, mobile applications for career support, integrating behavioral science, and advanced skill assessments. The outplacement services market is dynamic and cyclical, heavily influenced by macroeconomic factors, with a trend towards increased digitalization resulting in greater flexibility and accessibility. Continuous innovation and a focus on personalized, scalable solutions are anticipated to be key drivers for growth in this sector.
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Market Segmentation & Coverage:
This research report categorizes the Outplacement Services Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Executive Outplacement Services, Group Outplacement Services, Individual Outplacement Services, and Outplacement Counselling Programs.
Based on Offering, market is studied across Career Coaching & Counselling, Interview Preparation, Resume & Cover Letter Writing, Social Media & Personal Branding, and Training & Skill Development.
Based on End-Use, market is studied across Enterprise and Personal. The Enterprise is further studied across Banking, Financial Services & Insurance, Government & Public Sector, Healthcare, IT & Telecom, Manufacturing, Media & Entertainment, and Retail.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Outplacement Services Market, highlighting leading vendors and their innovative profiles. These include Adecco Group AG, ADP, Inc., Agilec, Airswift Holdings Limited, Arthur J. Gallagher & Co., Canada Career Counselling, Career Compass Canada, Career Partners International LLC, Career Star Group, CareerPro Inc., Challenger, Gray & Christmas, Inc., Chiumento Limited, CMS Career Management Solutions Inc., Daily Muse Inc., Feldman Daxon Partners Inc., Gi Group Holding S.p.A., Hays PLC, Hudson Global, Inc., IMPACT Group, Innovate ICC, Kelly Services Inc., Keystone Partners, Knightsbridge Robertson Surrette, Korn Ferry, ManpowerGroup Inc., Mercer LLC, Randstad NV, Talent Inc., The Barrett Group, The Connor Consultancy by NFP UK Group, VelvetJobs LLC, Vision India Services Pvt. Ltd., and Weapply Canada.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Outplacement Services Market, by Type
7. Outplacement Services Market, by Offering
8. Outplacement Services Market, by End-Use
9. Americas Outplacement Services Market
10. Asia-Pacific Outplacement Services Market
11. Europe, Middle East & Africa Outplacement Services Market
12. Competitive Landscape
13. Competitive Portfolio
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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