Global Recruitment Process Outsourcing Market 2017-2021:To Record Highest Growth

With increasing number of jobs by the day and the ever more increasing manpower at the disposal, recruitment has turned into a tedious activity for many organizations that are looking towards increasing efficient hours and decreasing time lost in the process of recruitment. This has given way to a whole new global recruitment process outsourcing market which is showcasing strong growth year on year since the very inception. As per the latest forecasts for the global recruitment process outsourcing market for the forecast period of 2017 – 2021 the market is projected to keep rising at a CAGR of 17.66%.

APAC Expected To Grow the Fastest

The global recruitment process outsourcing market report is segmented in terms of regions into the Americas which include North America and South America, APAC, and EMEA covering Europe, Middle East, and Africa. The global coverage of the market provides in-depth analysis of the market with specific trends to the regions which explain the true nature of the regional markets and its impacts on a global level.

The report also covers a plethora of global players including their company profiles and market coverage in terms of revenue and regional shares. Some of the major players included in the report include IBM, Randstad Sourceright, ADP, and ManpowerGroup among others. There are many other players some of which are Hays, Infosys, Pontoon Solutions, Accenture, KellyOCG, and Hudson. A lot of effort and planning goes into the growth of the players in the

global recruitment process outsourcing market that has led to the market growth expectations to reach 17.66% CAGR.

High Attrition in BPO Industry Major Challenge in Global RPO Market

The market is not an easy one with multiple drivers and challenges along the way. Some of the major drivers of the global recruitment process outsourcing market are as follows:

• Increased usage of neo-sourcing,
• Emergence of nearshore outsourcing destinations, and
• Moving up HR chain and compliance.

You can find more drivers and detailed analysis of the drivers in the report specially curated for you which also contains challenges which the market is facing as follows:

• High attrition rate in BPO industry,
• Shortage of domain expertise,
• Changing labor laws and regulations, and
• Concerns regarding security and quality of service.

Major trends in the global recruitment process outsourcing market include the following:

• Advent of artificial intelligence in recruitment processes,
• Evolution of BPaaS,
• Increased adoption of recruitment analytics,
• Use of automation in BPO solutions, and
• Rise of multi-country and centralized outsourcing models.

Download PDF Sample of Global Recruitment Process Outsourcing Market Research Report @: http://www.orbisresearch.com/contacts/request-sample/199552

The global recruitment process outsourcing market report also covers extensive market segmentation across various parameters including segmentation in terms of end users which includes BFSI, Manufacturing, Energy, Services, Healthcare, and Telecom. The Global RPO market report is an ideal knowledge base for players to understand the current market scenarios and accurate forecasts of the market for the period of 2017 – 2021 to gain deep and actionable insights in regards to the market. All in all, the global recruitment process outsourcing market is touted to reach new heights, and with rising globalization and increase in jobs availability across the globe, as well as companies developing offshore centers.

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