The Latin America, Middle East and Africa Contingent Workforce Management Market should witness market growth of 12.9% CAGR during the forecast period (2022-2028).
Contingent workforce management includes creating and executing rules and regulations, providing tools and system access, assigning workers, enrolling contingent workers in any compliance or development training that their role would require, and managing the temporary workforce. Regular employees also gain from this since the flexible structure of the contingent workforce shields them from these types of changes, so they don't have to be paid off when the company demands change.Companies that use contingent labor can quickly fill open positions. These factors would accelerate the expansion of the contingent workforce management market.
Many businesses need to track the performance information of their contract employees, and those that do frequently collect the information outside their standard HR system and personnel database. This implies that they are losing data on many of their employees. Although full-time employees with a permanent contract are often more critical, this is only sometimes the case. For instance, a business recently acquired a sizable new client. Theyrequire a project team and manager with certain abilities and competence for their first project. They decide on a contingent project manager since hiring one or more full-time workers takes too long. The contingent worker not only finishes the job effectively but also passes down some of the skills lacking in the workforce to the present staff.
The UAE boasts a robust healthcare infrastructure as one of the Middle East's most economically advanced and diverse marketplaces. Building a world-class healthcare infrastructure is a key goal for the UAE government. Consequently, the industry has grown tremendously over the past few years. The UAE was recognized as one of the top international countries and the highest in the Arab world. The UAE's healthcare industry has grown to accommodate its population's changing requirements and its aspiration to establish itself as a regional center for medical tourism.The growing healthcare and pharmaceutical industry is expected to create more job opportunities, which will increase the utilization of contingent workforce management and drive market growth.
The Brazil market dominated the LAMEA Contingent Workforce Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,276.3 Billion by 2028. The Argentina market is experiencing a CAGR of 13.5% during (2022-2028). Additionally, The UAE market would display a CAGR of 12.6% during (2022-2028).
Based on Type, the market is segmented into Flexible Staffing and Permanent Staffing. Based on Industry, the market is segmented into Healthcare, Retail Trade, Manufacturing & Automotive, BFSI, Government & Public Sector, Telecom & IT, Business/Professional Service, Pharma/biotech/medical equipment, Real Estate & Rental Leasing, Transportation & Logistics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Coupa Software, Inc., Ramco Systems Limited, Avature Limited, Beeline (New Mount Capital), The Bowen Group, CXC Global, Zeel Solutions Ltd., and Magnit (EQT AB).
Contingent workforce management includes creating and executing rules and regulations, providing tools and system access, assigning workers, enrolling contingent workers in any compliance or development training that their role would require, and managing the temporary workforce. Regular employees also gain from this since the flexible structure of the contingent workforce shields them from these types of changes, so they don't have to be paid off when the company demands change.Companies that use contingent labor can quickly fill open positions. These factors would accelerate the expansion of the contingent workforce management market.
Many businesses need to track the performance information of their contract employees, and those that do frequently collect the information outside their standard HR system and personnel database. This implies that they are losing data on many of their employees. Although full-time employees with a permanent contract are often more critical, this is only sometimes the case. For instance, a business recently acquired a sizable new client. Theyrequire a project team and manager with certain abilities and competence for their first project. They decide on a contingent project manager since hiring one or more full-time workers takes too long. The contingent worker not only finishes the job effectively but also passes down some of the skills lacking in the workforce to the present staff.
The UAE boasts a robust healthcare infrastructure as one of the Middle East's most economically advanced and diverse marketplaces. Building a world-class healthcare infrastructure is a key goal for the UAE government. Consequently, the industry has grown tremendously over the past few years. The UAE was recognized as one of the top international countries and the highest in the Arab world. The UAE's healthcare industry has grown to accommodate its population's changing requirements and its aspiration to establish itself as a regional center for medical tourism.The growing healthcare and pharmaceutical industry is expected to create more job opportunities, which will increase the utilization of contingent workforce management and drive market growth.
The Brazil market dominated the LAMEA Contingent Workforce Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,276.3 Billion by 2028. The Argentina market is experiencing a CAGR of 13.5% during (2022-2028). Additionally, The UAE market would display a CAGR of 12.6% during (2022-2028).
Based on Type, the market is segmented into Flexible Staffing and Permanent Staffing. Based on Industry, the market is segmented into Healthcare, Retail Trade, Manufacturing & Automotive, BFSI, Government & Public Sector, Telecom & IT, Business/Professional Service, Pharma/biotech/medical equipment, Real Estate & Rental Leasing, Transportation & Logistics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Coupa Software, Inc., Ramco Systems Limited, Avature Limited, Beeline (New Mount Capital), The Bowen Group, CXC Global, Zeel Solutions Ltd., and Magnit (EQT AB).
Scope of the Study
By Type
- Flexible Staffing
- Permanent Staffing
By Industry
- Healthcare
- Retail Trade
- Manufacturing & Automotive
- BFSI
- Government & Public Sector
- Telecom & IT
- Business/Professional Service
- Pharma/biotech/medical equipment
- Real Estate & Rental Leasing
- Transportation & Logistics
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Coupa Software, Inc.
- Ramco Systems Limited
- Avature Limited
- Beeline (New Mount Capital)
- The Bowen Group
- CXC Global
- Zeel Solutions Ltd.
- Magnit (EQT AB)
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Contingent Workforce Management Market, by Type
1.4.2 LAMEA Contingent Workforce Management Market, by Industry
1.4.3 LAMEA Contingent Workforce Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Contingent Workforce Management Market
Chapter 4. LAMEA Contingent Workforce Management Market by Type
4.1 LAMEA Flexible Staffing Market by Country
4.2 LAMEA Permanent Staffing Market by Country
Chapter 5. LAMEA Contingent Workforce Management Market by Industry
5.1 LAMEA Healthcare Market by Country
5.2 LAMEA Retail Trade Market by Country
5.3 LAMEA Manufacturing & Automotive Market by Country
5.4 LAMEA BFSI Market by Country
5.5 LAMEA Government & Public Sector Market by Country
5.6 LAMEA Telecom & IT Market by Country
5.7 LAMEA Business/Professional Service Market by Country
5.8 LAMEA Pharma/biotech/medical equipment Market by Country
5.9 LAMEA Real Estate & Rental Leasing Market by Country
5.1 LAMEA Transportation & Logistics Market by Country
5.11 LAMEA Other Industry Market by Country
Chapter 6. LAMEA Contingent Workforce Management Market by Country
6.1 Brazil Contingent Workforce Management Market
6.1.1 Brazil Contingent Workforce Management Market by Type
6.1.2 Brazil Contingent Workforce Management Market by Industry
6.2 Argentina Contingent Workforce Management Market
6.2.1 Argentina Contingent Workforce Management Market by Type
6.2.2 Argentina Contingent Workforce Management Market by Industry
6.3 UAE Contingent Workforce Management Market
6.3.1 UAE Contingent Workforce Management Market by Type
6.3.2 UAE Contingent Workforce Management Market by Industry
6.4 Saudi Arabia Contingent Workforce Management Market
6.4.1 Saudi Arabia Contingent Workforce Management Market by Type
6.4.2 Saudi Arabia Contingent Workforce Management Market by Industry
6.5 South Africa Contingent Workforce Management Market
6.5.1 South Africa Contingent Workforce Management Market by Type
6.5.2 South Africa Contingent Workforce Management Market by Industry
6.6 Nigeria Contingent Workforce Management Market
6.6.1 Nigeria Contingent Workforce Management Market by Type
6.6.2 Nigeria Contingent Workforce Management Market by Industry
6.7 Rest of LAMEA Contingent Workforce Management Market
6.7.1 Rest of LAMEA Contingent Workforce Management Market by Type
6.7.2 Rest of LAMEA Contingent Workforce Management Market by Industry
Chapter 7. Company Profiles
7.1 SAP SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Coupa Software, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional & Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Acquisition and Mergers:
7.3 Ramco Systems Limited
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Avature Limited
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.5 Beeline (New Mount Capital)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Acquisition and Mergers:
7.6 The Bowen Group
7.6.1 Company Overview
7.7 CXC Global
7.7.1 Company Overview
7.8 Zeel Solutions Ltd.
7.8.1 Company Overview
7.9 Magnit (EQT AB)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Recent strategies and developments:
7.9.4.1 Partnerships, Collaborations, and Agreements:
7.9.4.2 Acquisition and Mergers:
Companies Mentioned
- SAP SE
- Coupa Software, Inc.
- Ramco Systems Limited
- Avature Limited
- Beeline (New Mount Capital)
- The Bowen Group
- CXC Global
- Zeel Solutions Ltd.
- Magnit (EQT AB)
Methodology
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