Human resource outsourcing is a process of subcontracting human functions to an external supplier.
Highlights
The global Human Resource Outsourcing market was valued at US$ 36260 million in 2022 and is anticipated to reach US$ 46660 million by 2029, witnessing a CAGR of 4.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The process of human resource outsourcing is beneficial to many companies since this concept makes business processes very economical and efficient. Such factors drive the growth of human resource outsourcing market. Also, a lot of tedious training is required to have a separate operational HR department. Thus, business organizations prefer outsourcing as a solution. Such factors boost the market for human resource outsourcing.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Human Resource Outsourcing, 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.
The Human Resource Outsourcing market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Human Resource Outsourcing 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 companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
By Company
Accenture
ADP
IBM
Infosys
Randstad
Segment by Type
Payroll Outsourcing
Benefits Administration Outsourcing
Multiprocess Human Resource Outsourcing
Recruitment Process Outsourcing
Learning Services Outsourcing
Segment by Application
BFSI
Healthcare
IT
Hospitality
Retail
Other
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
Core Chapters
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type, 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 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 key companies in the market in detail, including product revenue, 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 Âé¶¹Ô´´ Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Payroll Outsourcing
1.2.3 Benefits Administration Outsourcing
1.2.4 Multiprocess Human Resource Outsourcing
1.2.5 Recruitment Process Outsourcing
1.2.6 Learning Services Outsourcing
1.3 Âé¶¹Ô´´ by Application
1.3.1 Global Human Resource Outsourcing Âé¶¹Ô´´ Growth by Application: 2018 VS 2022 VS 2029
1.3.2 BFSI
1.3.3 Healthcare
1.3.4 IT
1.3.5 Hospitality
1.3.6 Retail
1.3.7 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Human Resource Outsourcing Âé¶¹Ô´´ Perspective (2018-2029)
2.2 Human Resource Outsourcing Growth Trends by Region
2.2.1 Global Human Resource Outsourcing Âé¶¹Ô´´ Size by Region: 2018 VS 2022 VS 2029
2.2.2 Human Resource Outsourcing Historic Âé¶¹Ô´´ Size by Region (2018-2023)
2.2.3 Human Resource Outsourcing Forecasted Âé¶¹Ô´´ Size by Region (2024-2029)
2.3 Human Resource Outsourcing Âé¶¹Ô´´ Dynamics
2.3.1 Human Resource Outsourcing Industry Trends
2.3.2 Human Resource Outsourcing Âé¶¹Ô´´ Drivers
2.3.3 Human Resource Outsourcing Âé¶¹Ô´´ Challenges
2.3.4 Human Resource Outsourcing Âé¶¹Ô´´ Restraints
3 Competition Landscape by Key Players
3.1 Global Top Human Resource Outsourcing Players by Revenue
3.1.1 Global Top Human Resource Outsourcing Players by Revenue (2018-2023)
3.1.2 Global Human Resource Outsourcing Revenue Âé¶¹Ô´´ Share by Players (2018-2023)
3.2 Global Human Resource Outsourcing Âé¶¹Ô´´ Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Human Resource Outsourcing Revenue
3.4 Global Human Resource Outsourcing Âé¶¹Ô´´ Concentration Ratio
3.4.1 Global Human Resource Outsourcing Âé¶¹Ô´´ Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Human Resource Outsourcing Revenue in 2022
3.5 Human Resource Outsourcing Key Players Head office and Area Served
3.6 Key Players Human Resource Outsourcing Product Solution and Service
3.7 Date of Enter into Human Resource Outsourcing Âé¶¹Ô´´
3.8 Mergers & Acquisitions, Expansion Plans
4 Human Resource Outsourcing Breakdown Data by Type
4.1 Global Human Resource Outsourcing Historic Âé¶¹Ô´´ Size by Type (2018-2023)
4.2 Global Human Resource Outsourcing Forecasted Âé¶¹Ô´´ Size by Type (2024-2029)
5 Human Resource Outsourcing Breakdown Data by Application
5.1 Global Human Resource Outsourcing Historic Âé¶¹Ô´´ Size by Application (2018-2023)
5.2 Global Human Resource Outsourcing Forecasted Âé¶¹Ô´´ Size by Application (2024-2029)
6 North America
6.1 North America Human Resource Outsourcing Âé¶¹Ô´´ Size (2018-2029)
6.2 North America Human Resource Outsourcing Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Human Resource Outsourcing Âé¶¹Ô´´ Size by Country (2018-2023)
6.4 North America Human Resource Outsourcing Âé¶¹Ô´´ Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Human Resource Outsourcing Âé¶¹Ô´´ Size (2018-2029)
7.2 Europe Human Resource Outsourcing Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Human Resource Outsourcing Âé¶¹Ô´´ Size by Country (2018-2023)
7.4 Europe Human Resource Outsourcing Âé¶¹Ô´´ Size by Country (2024-2029)
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 Âé¶¹Ô´´ Size (2018-2029)
8.2 Asia-Pacific Human Resource Outsourcing Âé¶¹Ô´´ Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Human Resource Outsourcing Âé¶¹Ô´´ Size by Region (2018-2023)
8.4 Asia-Pacific Human Resource Outsourcing Âé¶¹Ô´´ Size by Region (2024-2029)
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 Âé¶¹Ô´´ Size (2018-2029)
9.2 Latin America Human Resource Outsourcing Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Human Resource Outsourcing Âé¶¹Ô´´ Size by Country (2018-2023)
9.4 Latin America Human Resource Outsourcing Âé¶¹Ô´´ Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Human Resource Outsourcing Âé¶¹Ô´´ Size (2018-2029)
10.2 Middle East & Africa Human Resource Outsourcing Âé¶¹Ô´´ Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Human Resource Outsourcing Âé¶¹Ô´´ Size by Country (2018-2023)
10.4 Middle East & Africa Human Resource Outsourcing Âé¶¹Ô´´ Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Accenture
11.1.1 Accenture Company Detail
11.1.2 Accenture Business Overview
11.1.3 Accenture Human Resource Outsourcing Introduction
11.1.4 Accenture Revenue in Human Resource Outsourcing Business (2018-2023)
11.1.5 Accenture Recent Development
11.2 ADP
11.2.1 ADP Company Detail
11.2.2 ADP Business Overview
11.2.3 ADP Human Resource Outsourcing Introduction
11.2.4 ADP Revenue in Human Resource Outsourcing Business (2018-2023)
11.2.5 ADP Recent Development
11.3 IBM
11.3.1 IBM Company Detail
11.3.2 IBM Business Overview
11.3.3 IBM Human Resource Outsourcing Introduction
11.3.4 IBM Revenue in Human Resource Outsourcing Business (2018-2023)
11.3.5 IBM Recent Development
11.4 Infosys
11.4.1 Infosys Company Detail
11.4.2 Infosys Business Overview
11.4.3 Infosys Human Resource Outsourcing Introduction
11.4.4 Infosys Revenue in Human Resource Outsourcing Business (2018-2023)
11.4.5 Infosys Recent Development
11.5 Randstad
11.5.1 Randstad Company Detail
11.5.2 Randstad Business Overview
11.5.3 Randstad Human Resource Outsourcing Introduction
11.5.4 Randstad Revenue in Human Resource Outsourcing Business (2018-2023)
11.5.5 Randstad 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
Accenture
ADP
IBM
Infosys
Randstad
Ìý
Ìý
*If Applicable.