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The employment services market size is expected to
reach a higher value by 2022, growing at a steady CAGR during the forecast
period.
Employment
Services Market Trends
The employment services market consists of the
sales of employment services and related goods by entities (organizations, sole
traders and partnerships) that list employment vacancies and refer or place
applicants for employment; provide executive search, recruitment, and placement
services; supply workers to clients' businesses for limited periods of time to
supplement the working force of the client; or provide human resources and
human resource management services to client businesses and households.
Staffing
agencies are increasingly using technology to effectively recruit and manage
candidates.
These technologies offer features such as passive activity
tracking, integration with email platforms and maintains candidate databases.
This reduces recruitment time, improves placement quality, and strengthens
relationship with clients. Recruitment analytics software also provides helpful
business insights for staffing agencies. For example, in North America, 64% of
firms use technologies such as an applicant tracking system (ATS) to track
candidate activity and about 60% firms use a customer relationship management
(CRM) system for business development.
The global employment services market is primarily driven by
the
availability of skilled workforce, and increased regulatory compliance with
respect to employment.
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The global employment services market report covers the
following regions under the geographical analysis section: Asia Pacific,
Western Europe, North America, Middle East, Africa, South America, and Eastern
Europe. Major countries under each of these regions are also covered under the
country analysis chapters.
With the increasing application of big data
analytics, the global employment services market is expected to increase
in potential and scope. TBRC’s report also covers the employment
services
drivers and restraints in the market.
The global employment services market’s segment shares in
each geographic region are mentioned in the report, along with the historic and
forecast growth rates for each segment presented visually with supporting
reasons to justify the growth rates.
The top companies included in the global employment
services
market report are Adecco S A, Randstad Holding NV, Manpower Inc.,
HireRight LLC, and Sterling Talent Solution.
Employment Services Market,
Global Employment Services Market,Employment Services Industry, Employment
Services Market Size, Employment Placement Agencies Market
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