LONDON--(BUSINESS WIRE)--Technavio has been monitoring the recruitment process outsourcing (RPO) market in APAC and it is poised to grow by USD 10.69 bn during 2020-2024, progressing at a CAGR of almost 19% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Accenture Plc, Adecco Group AG, ADP LLC, Hays Plc, Infosys Ltd., International Business Machines Corp., Korn Ferry, ManpowerGroup Global Inc., Randstad NV, and TrueBlue Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The increased use of neo-sourcing has been instrumental in driving the growth of the market.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Recruitment process outsourcing (RPO) market in APAC 2020-2024: Segmentation
Recruitment process outsourcing (RPO) market in APAC is segmented as below:
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End-user
- BFSI
- Manufacturing
- Energy
- Services
- Others
-
Service
- Blended RPO
- MCRPO
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Recruitment process outsourcing (RPO) market in APAC 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The recruitment process outsourcing (RPO) market in APAC report covers the following areas:
- Recruitment process outsourcing (RPO) market in APAC Size
- Recruitment process outsourcing (RPO) market in APAC Trends
- Recruitment process outsourcing (RPO) market in APAC Industry Analysis
This study identifies the integration of EHRs with electronic data collection systems as one of the prime reasons driving the recruitment process outsourcing (RPO) market growth in APAC during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Recruitment process outsourcing (RPO) market in APAC 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist recruitment process outsourcing (RPO) market in APAC growth during the next five years
- Estimation of the recruitment process outsourcing (RPO) market size in APAC and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the recruitment process outsourcing (RPO) market in APAC
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of recruitment process outsourcing (RPO) market vendors in APAC
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- BFSI - Market size and forecast 2019-2024
- Manufacturing - Market size and forecast 2019-2024
- Energy - Market size and forecast 2019-2024
- Services - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End-user
Market Segmentation by Service
- Market segments
- Comparison by Service
- Blended RPO - Market size and forecast 2019-2024
- MCRPO - Market size and forecast 2019-2024
- Market opportunity by Service
Customer landscape
- Overview
Geographical Landscape
- Geographic segmentation
- Market drivers
- Volume driver - Demand led growth
- Volume driver - External factors
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Accenture Plc
- Adecco Group AG
- ADP LLC
- Hays Plc
- Infosys Ltd.
- International Business Machines Corp.
- Korn Ferry
- ManpowerGroup Global Inc.
- Randstad NV
- TrueBlue Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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