Human Resource Outsourcing is a contractual agreement between an employer and an external third-party provider whereby the employer transfers the management of, and responsibility for, certain HR functions to the external provider. Many types of HR outsourcing options are available to employers. The options can be as specific as outsourcing one particular aspect of one HR function—such as applicant tracking for affirmative action purposes—or as broad as outsourcing the entire human resource department. HR outsourcing helps an organization to gain cost and time efficiencies and provides cutting edge over their human resource strategies and improves services to their employees.
The global Human Resource Outsourcing (HRO) Services market was valued at US$ 15340 million in 2023 and is anticipated to reach US$ 22140 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
Focus on Core Business Functions: Outsourcing HR functions allows companies to concentrate on their core operations and strategic initiatives while leaving HR-related activities to specialized outsourcing providers.
Cost Efficiency and Operational Savings: Outsourcing HR services can significantly reduce operational costs related to staffing, infrastructure, training, and technology, providing cost savings to organizations.
Globalization and Diverse Workforce Management: With businesses expanding globally, managing a diverse workforce across different regions and time zones is a challenge. HRO services offer expertise in handling multinational HR operations and compliance with local regulations.
This report aims to provide a comprehensive presentation of the global market for Human Resource Outsourcing (HRO) Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Human Resource Outsourcing (HRO) Services.
Report Scope
The Human Resource Outsourcing (HRO) Services market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Human Resource Outsourcing (HRO) Services market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Human Resource Outsourcing (HRO) Services companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Âé¶¹Ô´´ Segmentation
By Company
ADP
IBM
Paychex
Insperity
TriNet
Engage PEO
Bambee
CoAdvantage
Zenefits
Workday
G&A Partners
Tandem HR
Peninsula
Europe HR Solutions
Trupp HR
Oasis
Infiniti
Rippling
The HR Team
Avensure
Segment by Type
Professional employer organizations (PEOs)
Administrative Service Organizations (ASOs)
Segment by Application
Large Enterprises
SMEs
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Human Resource Outsourcing (HRO) Services companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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1 Report Overview
1.1 Study Scope
1.2 Âé¶¹Ô´´ Analysis by Type
1.2.1 Global Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Professional employer organizations (PEOs)
1.2.3 Administrative Service Organizations (ASOs)
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Large Enterprises
1.3.3 SMEs
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Perspective (2019-2030)
2.2 Human Resource Outsourcing (HRO) Services Growth Trends by Region
2.2.1 Global Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Region: 2019 VS 2023 VS 2030
2.2.2 Human Resource Outsourcing (HRO) Services Historic Âé¶¹Ô´´ Size by Region (2019-2024)
2.2.3 Human Resource Outsourcing (HRO) Services Forecasted Âé¶¹Ô´´ Size by Region (2025-2030)
2.3 Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Dynamics
2.3.1 Human Resource Outsourcing (HRO) Services Industry Trends
2.3.2 Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Drivers
2.3.3 Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Challenges
2.3.4 Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Human Resource Outsourcing (HRO) Services Players by Revenue
3.1.1 Global Top Human Resource Outsourcing (HRO) Services Players by Revenue (2019-2024)
3.1.2 Global Human Resource Outsourcing (HRO) Services Revenue Âé¶¹Ô´´ Share by Players (2019-2024)
3.2 Global Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Human Resource Outsourcing (HRO) Services Revenue
3.4 Global Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Human Resource Outsourcing (HRO) Services Revenue in 2023
3.5 Human Resource Outsourcing (HRO) Services Key Players Head office and Area Served
3.6 Key Players Human Resource Outsourcing (HRO) Services Product Solution and Service
3.7 Date of Enter into Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Human Resource Outsourcing (HRO) Services Breakdown Data by Type
4.1 Global Human Resource Outsourcing (HRO) Services Historic Âé¶¹Ô´´ Size by Type (2019-2024)
4.2 Global Human Resource Outsourcing (HRO) Services Forecasted Âé¶¹Ô´´ Size by Type (2025-2030)
5 Human Resource Outsourcing (HRO) Services Breakdown Data by Application
5.1 Global Human Resource Outsourcing (HRO) Services Historic Âé¶¹Ô´´ Size by Application (2019-2024)
5.2 Global Human Resource Outsourcing (HRO) Services Forecasted Âé¶¹Ô´´ Size by Application (2025-2030)
6 North America
6.1 North America Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size (2019-2030)
6.2 North America Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Country (2019-2024)
6.4 North America Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size (2019-2030)
7.2 Europe Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Country (2019-2024)
7.4 Europe Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size (2019-2030)
8.2 Asia-Pacific Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Region (2019-2024)
8.4 Asia-Pacific Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size (2019-2030)
9.2 Latin America Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Country (2019-2024)
9.4 Latin America Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size (2019-2030)
10.2 Middle East & Africa Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Country (2019-2024)
10.4 Middle East & Africa Human Resource Outsourcing (HRO) Services Âé¶¹Ô´´ Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 ADP
11.1.1 ADP Company Detail
11.1.2 ADP Business Overview
11.1.3 ADP Human Resource Outsourcing (HRO) Services Introduction
11.1.4 ADP Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.1.5 ADP Recent Development
11.2 IBM
11.2.1 IBM Company Detail
11.2.2 IBM Business Overview
11.2.3 IBM Human Resource Outsourcing (HRO) Services Introduction
11.2.4 IBM Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.2.5 IBM Recent Development
11.3 Paychex
11.3.1 Paychex Company Detail
11.3.2 Paychex Business Overview
11.3.3 Paychex Human Resource Outsourcing (HRO) Services Introduction
11.3.4 Paychex Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.3.5 Paychex Recent Development
11.4 Insperity
11.4.1 Insperity Company Detail
11.4.2 Insperity Business Overview
11.4.3 Insperity Human Resource Outsourcing (HRO) Services Introduction
11.4.4 Insperity Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.4.5 Insperity Recent Development
11.5 TriNet
11.5.1 TriNet Company Detail
11.5.2 TriNet Business Overview
11.5.3 TriNet Human Resource Outsourcing (HRO) Services Introduction
11.5.4 TriNet Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.5.5 TriNet Recent Development
11.6 Engage PEO
11.6.1 Engage PEO Company Detail
11.6.2 Engage PEO Business Overview
11.6.3 Engage PEO Human Resource Outsourcing (HRO) Services Introduction
11.6.4 Engage PEO Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.6.5 Engage PEO Recent Development
11.7 Bambee
11.7.1 Bambee Company Detail
11.7.2 Bambee Business Overview
11.7.3 Bambee Human Resource Outsourcing (HRO) Services Introduction
11.7.4 Bambee Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.7.5 Bambee Recent Development
11.8 CoAdvantage
11.8.1 CoAdvantage Company Detail
11.8.2 CoAdvantage Business Overview
11.8.3 CoAdvantage Human Resource Outsourcing (HRO) Services Introduction
11.8.4 CoAdvantage Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.8.5 CoAdvantage Recent Development
11.9 Zenefits
11.9.1 Zenefits Company Detail
11.9.2 Zenefits Business Overview
11.9.3 Zenefits Human Resource Outsourcing (HRO) Services Introduction
11.9.4 Zenefits Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.9.5 Zenefits Recent Development
11.10 Workday
11.10.1 Workday Company Detail
11.10.2 Workday Business Overview
11.10.3 Workday Human Resource Outsourcing (HRO) Services Introduction
11.10.4 Workday Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.10.5 Workday Recent Development
11.11 G&A Partners
11.11.1 G&A Partners Company Detail
11.11.2 G&A Partners Business Overview
11.11.3 G&A Partners Human Resource Outsourcing (HRO) Services Introduction
11.11.4 G&A Partners Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.11.5 G&A Partners Recent Development
11.12 Tandem HR
11.12.1 Tandem HR Company Detail
11.12.2 Tandem HR Business Overview
11.12.3 Tandem HR Human Resource Outsourcing (HRO) Services Introduction
11.12.4 Tandem HR Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.12.5 Tandem HR Recent Development
11.13 Peninsula
11.13.1 Peninsula Company Detail
11.13.2 Peninsula Business Overview
11.13.3 Peninsula Human Resource Outsourcing (HRO) Services Introduction
11.13.4 Peninsula Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.13.5 Peninsula Recent Development
11.14 Europe HR Solutions
11.14.1 Europe HR Solutions Company Detail
11.14.2 Europe HR Solutions Business Overview
11.14.3 Europe HR Solutions Human Resource Outsourcing (HRO) Services Introduction
11.14.4 Europe HR Solutions Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.14.5 Europe HR Solutions Recent Development
11.15 Trupp HR
11.15.1 Trupp HR Company Detail
11.15.2 Trupp HR Business Overview
11.15.3 Trupp HR Human Resource Outsourcing (HRO) Services Introduction
11.15.4 Trupp HR Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.15.5 Trupp HR Recent Development
11.16 Oasis
11.16.1 Oasis Company Detail
11.16.2 Oasis Business Overview
11.16.3 Oasis Human Resource Outsourcing (HRO) Services Introduction
11.16.4 Oasis Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.16.5 Oasis Recent Development
11.17 Infiniti
11.17.1 Infiniti Company Detail
11.17.2 Infiniti Business Overview
11.17.3 Infiniti Human Resource Outsourcing (HRO) Services Introduction
11.17.4 Infiniti Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.17.5 Infiniti Recent Development
11.18 Rippling
11.18.1 Rippling Company Detail
11.18.2 Rippling Business Overview
11.18.3 Rippling Human Resource Outsourcing (HRO) Services Introduction
11.18.4 Rippling Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.18.5 Rippling Recent Development
11.19 The HR Team
11.19.1 The HR Team Company Detail
11.19.2 The HR Team Business Overview
11.19.3 The HR Team Human Resource Outsourcing (HRO) Services Introduction
11.19.4 The HR Team Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.19.5 The HR Team Recent Development
11.20 Avensure
11.20.1 Avensure Company Detail
11.20.2 Avensure Business Overview
11.20.3 Avensure Human Resource Outsourcing (HRO) Services Introduction
11.20.4 Avensure Revenue in Human Resource Outsourcing (HRO) Services Business (2019-2024)
11.20.5 Avensure Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
ADP
IBM
Paychex
Insperity
TriNet
Engage PEO
Bambee
CoAdvantage
Zenefits
Workday
G&A Partners
Tandem HR
Peninsula
Europe HR Solutions
Trupp HR
Oasis
Infiniti
Rippling
The HR Team
Avensure
Ìý
Ìý
*If Applicable.