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Recruitment Service Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Product Type- Product Image
Recruitment Service Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Product Type- Product Image
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Recruitment Service Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Product Type

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    Report

  • 99 Pages
  • April 2025
  • Region: Global
  • Prof Research
  • ID: 5897052
Description Jump to:
  • Introduction to the Recruitment Service Industry
The recruitment service industry plays a pivotal role in bridging the gap between employers and job seekers, facilitating the allocation of human capital across various sectors globally. This industry encompasses a wide range of services, including permanent, temporary, and contract recruitment, catering to diverse workforce needs. In 2023, the U.S. Bureau of Labor Statistics reported that 70,274,000 professionals were employed in white-collar occupations - such as management, business, financial, and technology roles - representing 44% of the total U.S. workforce. The recruitment sector is characterized by its adaptability to economic cycles, technological advancements, and shifting labor market dynamics.

For instance, the establishment of the Department of Government Efficiency (DOGE) by the Trump administration on January 20, 2025, aimed at reducing federal spending, has led to significant layoffs, with at least 56,230 federal jobs cut by March 28, 2025, impacting recruitment demand in the public sector. Conversely, private sector growth, particularly among New American Fortune 500 companies generating USD 8.6 trillion in revenue in 2023, highlights the robust demand for recruitment services in high-performing industries.

The industry is also witnessing a technological transformation, with artificial intelligence (AI), automation, and data analytics increasingly integrated into hiring processes to enhance efficiency and precision. Japan, Germany, France, and Australia stand out as key markets, reflecting the global nature of recruitment services driven by industrialization, workforce mobility, and corporate expansion.

Market Size and Growth Forecast

The global recruitment service market is projected to reach a value of USD 650 billion to USD 680 billion by 2025. Looking ahead, the market is expected to grow at a compound annual growth rate (CAGR) of 12% to 15% through 2030, fueled by rising demand for skilled talent, technological innovation, and the expansion of gig and flexible work arrangements.

Regional Analysis

North America anticipates a growth rate of 11% to 14%, driven by the U.S., where a dynamic economy and technological adoption fuel recruitment needs across sectors like IT, finance, and healthcare. The significant revenue from New American Fortune 500 companies underscores the region’s robust demand for permanent and contract staffing.
Asia Pacific expects a growth rate of 13% to 16%, with Japan as the second-largest market globally, generating USD 72 billion in staffing revenue in 2023. Trends in Japan reflect a focus on technology and professional services, while emerging economies like India and China see rapid growth due to industrialization and startup ecosystems.
Europe projects a growth rate of 10% to 13%, with Germany and France leading as major markets. Germany’s staffing market, valued at USD 38.2 billion in 2023 with 701,490 open positions in 2024, benefits from a strong industrial base, while France, generating USD 36.7 billion in 2023, sees steady demand in professional and service sectors.
Oceania anticipates a growth rate of 11% to 14%, led by Australia, where staffing revenue reached USD 30.5 billion in 2023. The Australian Government Jobs and Skills Atlas reported over 14.5 million employed by late 2024, with key sectors like construction, professional services, and education driving recruitment growth of 3% in 2025 and 5% by 2026.

Type Analysis

  • Permanent Recruitment: Expected to grow at 10% to 13%, this segment focuses on long-term hires in management, technology, and financial roles. Trends indicate a shift toward skills-based hiring to address talent shortages.
  • Temporary Recruitment: Projected at 12% to 15%, temporary staffing meets short-term needs, particularly in response to economic uncertainty and project-based work, with growing adoption in construction and healthcare.
  • Contract Recruitment: Anticipated at 13% to 16%, this type caters to specialized roles in IT and engineering, reflecting the rise of gig work and flexible employment models.

Key Market Players

  • Adecco Group: A Swiss-based leader, Adecco offers comprehensive staffing solutions globally, specializing in temporary and permanent placements.
  • Randstad: A Dutch multinational, Randstad excels in flexible staffing and HR services across diverse industries.
  • Lyneer: A U.S. firm, Lyneer focuses on industrial and administrative staffing, serving regional markets.
  • Recruit Holdings: A Japanese giant, Recruit dominates Asia with technology-driven recruitment platforms.
  • Allegis Group: A U.S.-based company, Allegis specializes in IT and engineering staffing solutions.
  • Kelly Services: A U.S. firm, Kelly provides workforce solutions with a focus on temporary staffing.
  • Hays plc: A UK-based player, Hays targets professional and technical recruitment globally.
  • Manpower: A U.S. multinational, Manpower offers broad staffing services with a strong temporary focus.
  • Robert Half: A U.S. company, Robert Half excels in finance and accounting recruitment.
  • Kforce: A U.S. firm, Kforce focuses on technology and professional staffing.
  • PageGroup: A UK-based company, PageGroup serves white-collar recruitment markets worldwide.
  • Korn/Ferry International: A U.S. leader, Korn/Ferry specializes in executive search and leadership consulting.
  • Alexander Mann: A UK firm, Alexander Mann provides talent acquisition and outsourcing services.

Porter’s Five Forces Analysis

  • Threat of New Entrants: Moderate. High operational costs and established networks create barriers, though digital platforms lower entry for tech-driven startups.
  • Threat of Substitutes: Moderate to High. In-house hiring and freelance platforms compete, but specialized recruitment expertise sustains demand.
  • Bargaining Power of Buyers: High. Employers leverage multiple providers and technology to negotiate rates, especially in oversupplied markets.
  • Bargaining Power of Suppliers: Low to Moderate. Job seekers have limited leverage, though skilled talent in high-demand sectors can command premiums.
  • Competitive Rivalry: High. Major players compete on technology, global reach, and niche expertise, intensifying market consolidation efforts.

Market Opportunities and Challenges

Opportunities

  • Technological Integration: AI and automation enhance recruitment efficiency and candidate matching.
  • Gig Economy Growth: Rising demand for temporary and contract roles expands market scope.
  • Global Expansion: Emerging markets in Asia Pacific and Africa offer untapped potential.
  • Skills-Based Hiring: Focus on competencies over credentials addresses talent gaps.
  • Sustainability Trends: Green transition and ESG priorities create new job categories.

Challenges

  • Economic Uncertainty: Federal cuts like those under DOGE and global slowdowns reduce hiring.
  • Regulatory Complexity: Diverse labor laws across regions complicate operations.
  • Talent Shortages: High-demand skills remain scarce, pressuring recruitment timelines.
  • Technology Adoption: Balancing automation with human touch challenges smaller firms.
  • Competition: Intense rivalry and substitute solutions strain profitability.

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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Recruitment Service Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Recruitment Service Market in North America (2020-2030)
8.1 Recruitment Service Market Size
8.2 Recruitment Service Market by End Use
8.3 Competition by Players/Suppliers
8.4 Recruitment Service Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Recruitment Service Market in South America (2020-2030)
9.1 Recruitment Service Market Size
9.2 Recruitment Service Market by End Use
9.3 Competition by Players/Suppliers
9.4 Recruitment Service Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Recruitment Service Market in Asia & Pacific (2020-2030)
10.1 Recruitment Service Market Size
10.2 Recruitment Service Market by End Use
10.3 Competition by Players/Suppliers
10.4 Recruitment Service Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southeast Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Recruitment Service Market in Europe (2020-2030)
11.1 Recruitment Service Market Size
11.2 Recruitment Service Market by End Use
11.3 Competition by Players/Suppliers
11.4 Recruitment Service Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Recruitment Service Market in MEA (2020-2030)
12.1 Recruitment Service Market Size
12.2 Recruitment Service Market by End Use
12.3 Competition by Players/Suppliers
12.4 Recruitment Service Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Recruitment Service Market (2020-2025)
13.1 Recruitment Service Market Size
13.2 Recruitment Service Market by End Use
13.3 Competition by Players/Suppliers
13.4 Recruitment Service Market Size by Type
Chapter 14 Global Recruitment Service Market Forecast (2025-2030)
14.1 Recruitment Service Market Size Forecast
14.2 Recruitment Service Application Forecast
14.3 Competition by Players/Suppliers
14.4 Recruitment Service Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Adecco Group
15.1.1 Company Profile
15.1.2 Main Business and Recruitment Service Information
15.1.3 SWOT Analysis of Adecco Group
15.1.4 Adecco Group Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.2 Randstad
15.2.1 Company Profile
15.2.2 Main Business and Recruitment Service Information
15.2.3 SWOT Analysis of Randstad
15.2.4 Randstad Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.3 Lyneer
15.3.1 Company Profile
15.3.2 Main Business and Recruitment Service Information
15.3.3 SWOT Analysis of Lyneer
15.3.4 Lyneer Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.4 Recruit Holdings
15.4.1 Company Profile
15.4.2 Main Business and Recruitment Service Information
15.4.3 SWOT Analysis of Recruit Holdings
15.4.4 Recruit Holdings Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.5 Allegis Group
15.5.1 Company Profile
15.5.2 Main Business and Recruitment Service Information
15.5.3 SWOT Analysis of Allegis Group
15.5.4 Allegis Group Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.6 Kelly Services
15.6.1 Company Profile
15.6.2 Main Business and Recruitment Service Information
15.6.3 SWOT Analysis of Kelly Services
15.6.4 Kelly Services Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.7 Hays plc
15.7.1 Company Profile
15.7.2 Main Business and Recruitment Service Information
15.7.3 SWOT Analysis of Hays plc
15.7.4 Hays plc Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.8 Manpower
15.8.1 Company Profile
15.8.2 Main Business and Recruitment Service Information
15.8.3 SWOT Analysis of Manpower
15.8.4 Manpower Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.9 Robert Half
15.9.1 Company Profile
15.9.2 Main Business and Recruitment Service Information
15.9.3 SWOT Analysis of Robert Half
15.9.4 Robert Half Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.10 Kforce
15.10.1 Company Profile
15.10.2 Main Business and Recruitment Service Information
15.10.3 SWOT Analysis of Kforce
15.10.4 Kforce Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.11 PageGroup
15.11.1 Company Profile
15.11.2 Main Business and Recruitment Service Information
15.11.3 SWOT Analysis of PageGroup
15.11.4 PageGroup Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.12 Korn/Ferry International
15.12.1 Company Profile
15.12.2 Main Business and Recruitment Service Information
15.12.3 SWOT Analysis of Korn/Ferry International
15.12.4 Korn/Ferry International Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
15.13 Alexander Mann
15.13.1 Company Profile
15.13.2 Main Business and Recruitment Service Information
15.13.3 SWOT Analysis of Alexander Mann
15.13.4 Alexander Mann Recruitment Service Revenue, Gross Margin and Market Share (2020-2025)
List of Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of Recruitment Service Report
Table Data Sources of Recruitment Service Report
Table Major Assumptions of Recruitment Service Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Recruitment Service Picture
Table Recruitment Service Classification
Table Recruitment Service Applications
Table Drivers of Recruitment Service Market
Table Restraints of Recruitment Service Market
Table Opportunities of Recruitment Service Market
Table Threats of Recruitment Service Market
Table COVID-19 Impact For Recruitment Service Market
Table Raw Materials Suppliers
Table Different Production Methods of Recruitment Service
Table Cost Structure Analysis of Recruitment Service
Table Key End Users
Table Latest News of Recruitment Service Market
Table Merger and Acquisition
Table Planned/Future Project of Recruitment Service Market
Table Policy of Recruitment Service Market
Table 2020-2030 North America Recruitment Service Market Size
Figure 2020-2030 North America Recruitment Service Market Size and CAGR
Table 2020-2030 North America Recruitment Service Market Size by Application
Table 2020-2025 North America Recruitment Service Key Players Revenue
Table 2020-2025 North America Recruitment Service Key Players Market Share
Table 2020-2030 North America Recruitment Service Market Size by Type
Table 2020-2030 United States Recruitment Service Market Size
Table 2020-2030 Canada Recruitment Service Market Size
Table 2020-2030 Mexico Recruitment Service Market Size
Table 2020-2030 South America Recruitment Service Market Size
Figure 2020-2030 South America Recruitment Service Market Size and CAGR
Table 2020-2030 South America Recruitment Service Market Size by Application
Table 2020-2025 South America Recruitment Service Key Players Revenue
Table 2020-2025 South America Recruitment Service Key Players Market Share
Table 2020-2030 South America Recruitment Service Market Size by Type
Table 2020-2030 Brazil Recruitment Service Market Size
Table 2020-2030 Argentina Recruitment Service Market Size
Table 2020-2030 Chile Recruitment Service Market Size
Table 2020-2030 Peru Recruitment Service Market Size
Table 2020-2030 Asia & Pacific Recruitment Service Market Size
Figure 2020-2030 Asia & Pacific Recruitment Service Market Size and CAGR
Table 2020-2030 Asia & Pacific Recruitment Service Market Size by Application
Table 2020-2025 Asia & Pacific Recruitment Service Key Players Revenue
Table 2020-2025 Asia & Pacific Recruitment Service Key Players Market Share
Table 2020-2030 Asia & Pacific Recruitment Service Market Size by Type
Table 2020-2030 China Recruitment Service Market Size
Table 2020-2030 India Recruitment Service Market Size
Table 2020-2030 Japan Recruitment Service Market Size
Table 2020-2030 South Korea Recruitment Service Market Size
Table 2020-2030 Southeast Asia Recruitment Service Market Size
Table 2020-2030 Australia Recruitment Service Market Size
Table 2020-2030 Europe Recruitment Service Market Size
Figure 2020-2030 Europe Recruitment Service Market Size and CAGR
Table 2020-2030 Europe Recruitment Service Market Size by Application
Table 2020-2025 Europe Recruitment Service Key Players Revenue
Table 2020-2025 Europe Recruitment Service Key Players Market Share
Table 2020-2030 Europe Recruitment Service Market Size by Type
Table 2020-2030 Germany Recruitment Service Market Size
Table 2020-2030 France Recruitment Service Market Size
Table 2020-2030 United Kingdom Recruitment Service Market Size
Table 2020-2030 Italy Recruitment Service Market Size
Table 2020-2030 Spain Recruitment Service Market Size
Table 2020-2030 Belgium Recruitment Service Market Size
Table 2020-2030 Netherlands Recruitment Service Market Size
Table 2020-2030 Austria Recruitment Service Market Size
Table 2020-2030 Poland Recruitment Service Market Size
Table 2020-2030 Russia Recruitment Service Market Size
Table 2020-2030 MEA Recruitment Service Market Size
Figure 2020-2030 MEA Recruitment Service Market Size and CAGR
Table 2020-2030 MEA Recruitment Service Market Size by Application
Table 2020-2025 MEA Recruitment Service Key Players Revenue
Table 2020-2025 MEA Recruitment Service Key Players Market Share
Table 2020-2030 MEA Recruitment Service Market Size by Type
Table 2020-2030 Egypt Recruitment Service Market Size
Table 2020-2030 Israel Recruitment Service Market Size
Table 2020-2030 South Africa Recruitment Service Market Size
Table 2020-2030 Gulf Cooperation Council Countries Recruitment Service Market Size
Table 2020-2030 Turkey Recruitment Service Market Size
Table 2020-2025 Global Recruitment Service Market Size by Region
Table 2020-2025 Global Recruitment Service Market Size Share by Region
Table 2020-2025 Global Recruitment Service Market Size by Application
Table 2020-2025 Global Recruitment Service Market Share by Application
Table 2020-2025 Global Recruitment Service Key Vendors Revenue
Figure 2020-2025 Global Recruitment Service Market Size and Growth Rate
Table 2020-2025 Global Recruitment Service Key Vendors Market Share
Table 2020-2025 Global Recruitment Service Market Size by Type
Table 2020-2025 Global Recruitment Service Market Share by Type
Table 2025-2030 Global Recruitment Service Market Size by Region
Table 2025-2030 Global Recruitment Service Market Size Share by Region
Table 2025-2030 Global Recruitment Service Market Size by Application
Table 2025-2030 Global Recruitment Service Market Share by Application
Table 2025-2030 Global Recruitment Service Key Vendors Revenue
Figure 2025-2030 Global Recruitment Service Market Size and Growth Rate
Table 2025-2030 Global Recruitment Service Key Vendors Market Share
Table 2025-2030 Global Recruitment Service Market Size by Type
Table 2025-2030 Recruitment Service Global Market Share by Type

Companies Mentioned

  • Adecco Group
  • Randstad
  • Lyneer
  • Recruit Holdings
  • Allegis Group
  • Kelly Services
  • Hays plc
  • Manpower
  • Robert Half
  • Kforce
  • PageGroup
  • Korn/Ferry International
  • Alexander Mann

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