Press release
Global Employment Services Market: Explosive CAGR of 10.7% Projected, Rising Unemployment Driving Market Growth
Employment Services Market Size
What Is The Projected Market Size Of The Global Employment Services Market And Its Growth Rate?
The employment services market has witnessed a consistent growth:
• Market Size in 2024: $1938.04 Billion
• Expected Market Size in 2025: $2153.56 Billion (CAGR of 11.1%)
• Forecasted Market Size in 2029: $3237.5 Billion (CAGR of 10.7%)
This growth is buoyed by strong economic progress in emerging markets, increased mergers and acquisitions, governmental initiatives in developing economies, rising demand for automation, changing social patterns, and growing urbanization.
What Is Driving The Growth In The Employment Services Market?
The pervasive rise in unemployment vastly influences the growth of the employment services market. Unemployment embodies a situation where individuals of working age, actively seeking employment, cannot find work. Employment services provide indispensable support to these individuals seeking jobs by offering extensive recruitment, job search, and correlating services. For instance, data from China's National Bureau of Statistics testify an increase in the urban unemployment rate to a six-month high of 5.7% in November 2022, escalating from 5.5% in the former month. Therefore, the increasing rate of unemployment significantly fuel the expansion of the employment services market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2226&type=smp
Who Are the Key Players Driving Employment Services Market Growth?
Key players driving the growth of the employment services market include:
• Randstad NV
• The Adecco Group
• Manpower Inc
• Recruit Holdings Co. Ltd.
• Allegis Group, Inc.
• Persol Holdings
• Hays Plc
• Kelly Services Inc.
• Robert Half International Inc.
• Express Employment Professionals
What Are The Key Trends In The Employment Services Market?
Several major trends impacting the growth of the employment services market include:
• Increased application of HR chatbots
• Augmented and virtual reality in the recruitment process
• Predictive analytics in hiring process
• Game-based assessments for hiring
• Rising mergers and acquisitions
• Adoption of artificial intelligence in hiring
• Use of social media for recruitment
What Are The Segments Of The Global Employment Services Market?
The global employment services market segments are:
1) By Type: Employment Placement Agencies, Executive Search Services, Temporary Help Services, Professional Employer Organizations
2) By Vertical: Banking and Financial, Engineering, Medical, Information and Technology, Professional Services, Other Verticals
3) By Mode: Online, Offline
Which Region Leads The Employment Services Market?
North America was the largest region in the employment services market in 2024, followed by Asia-Pacific. The regions covered in the employment services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Pre-book the Report for Swift Delivery:
https://www.thebusinessresearchcompany.com/report/employment-services-global-market-report
What Is Covered In The Employment Services Market Global Market Report?
- Market Size Analysis: Analyze the Employment Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Employment Services Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Employment Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Employment Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/customise?id=2226&type=smp
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Employment Services Market: Explosive CAGR of 10.7% Projected, Rising Unemployment Driving Market Growth here
News-ID: 3836999 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
