Global Recruitment Market: Industry Analysis & Outlook (2017-2021) - Koncept Analytics

Industry Research by Koncept Analytics

Global Recruitment Market: Industry Analysis & Outlook ----------------------------------------(2017-2021) March 2017

Global Recruitment Market: Industry Analysis & Outlook (20172021)

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Executive Summary Recruitment is defined as a process of searching employees for an organization. The process involved in this includes conducting job analysis, sourcing the talent, and screening of talents. The recruitment/staffing market is bifurcated into two segments; general and professional recruitment, both of which can be further classified into temporary and permanent staffing.

Demographic trends largely affect the staffing market that grows as the labor force supply increases. A change in demographic transition can become a factor in dampening economic expansion and GDP growth, which in turn would cause a decline in the global recruitment market. The global recruitment market will be driven by factors such as intensifying involvement of social media and online job platforms, growth prospects in emerging economies, rising industrial production, and increased volume of mergers and acquisitions in the industry.

Staffing/recruiting sales are highly correlated with gross domestic product (GDP). As GDP expands, so does recruiting market. So, the market is trending with budding new business environment, rise in foreign born workers, rising staffing index, VMS & MSO usage, and high demand for skilled and professional workers.

However, the market growth will be hindered by decline in labor force participation, ageing workforce, and skill shortage.

The report offers an in-depth analysis of the global recruitment market. It also covers the regional aspect of the market. The report profiles Adecco SA, Randstad Holding NV, Manpower Group and Recruit Group.

Global Recruitment Market: Industry Analysis & Outlook (20172021)

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Rapid developments in crowdsourcing will improve the recruitment market growth in the near future.

Global Recruitment Market Forecast by Value (2017-2021)

Global Recruitment Market by Type (2016)

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The global recruitment market value is expected to reach US$.. billion by 2021, growing at a CAGR of ..% for the period spanning 2017-2021.

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General recruitment accounted for ..% share of the total market value in 2016.

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Among all regions, the US was the largest recruitment market with ..% share of the total market value in 2016. XX was the second largest recruitment market with ..% share.

Global Recruitment Market by Region (2016)

Global Recruitment Market: Industry Analysis & Outlook (20172021)

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Favorable business environment and growth in the emerging economies to give a boost to the overall recruitment market.

Global Temporary Recruitment Market by Value (2012-2016)

The US Recruitment Market Forecast by Value (2017-2021)

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The global temporary recruitment market value reached US$.. billion in 2016, increasing from US$.. billion in 2015, recording an annual growth of ..%.

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The US recruitment market value may reach the mark of US$.. billion by the end of 2021 with CAGR of ..% spanning 2017-2021.

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The US temporary recruitment market is dominated by XX staffing which represented ..% share of the total revenues of the market in the year 2016.

The US Temporary Recruitment Market by Segments (2016)

Global Recruitment Market: Industry Analysis & Outlook (20172021)

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Global Recruitment Market: Industry Analysis & Outlook (20172021)

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