The global market for Human Resource Outsourcing (HRO) is estimated at US$44.3 Billion in 2023 and is projected to reach US$65.3 Billion by 2030, growing at a CAGR of 5.7% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Payroll Services segment, which is expected to reach US$31 Billion by 2030 with a CAGR of a 5.3%. The Benefits Administration Services segment is also set to grow at 6.4% CAGR for the next 7-year period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $13.4 Billion in 2023, and China, forecasted to grow at an impressive 5.5% CAGR to reach $11.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Human Resource Outsourcing (HRO) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Human Resource Outsourcing (HRO) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Human Resource Outsourcing (HRO) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Accenture Plc, ADP LLC, Aon Hewitt, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 188 Featured):
- Accenture Plc
- ADP LLC
- Aon Hewitt
- Ceridian HCM, Inc.
- CGI Group, Inc.
- Cielo, Inc.
- Equifax, Inc.
- General Outsourcing Co., Ltd.
- IBM Corp.
- Infosys BPM Ltd.
- Intuit, Inc.
- Kronos, Inc.
- Mercer, LLC
- NGA Human Resources
- Paychex, Inc.
- Randstad Holding NV
- The ADECCO Group
- Ultimate Software Group, Inc.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- ADP LLC
- Aon Hewitt
- Ceridian HCM, Inc.
- CGI Group, Inc.
- Cielo, Inc.
- Equifax, Inc.
- General Outsourcing Co., Ltd.
- IBM Corp.
- Infosys BPM Ltd.
- Intuit, Inc.
- Kronos, Inc.
- Mercer, LLC
- NGA Human Resources
- Paychex, Inc.
- Randstad Holding NV
- The ADECCO Group
- Ultimate Software Group, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 346 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 44.3 Billion |
| Forecasted Market Value ( USD | $ 65.3 Billion |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
