The Middle East & Africa staffing and recruitment market is expected to grow from US$ 58.24 billion in 2022 to US$ 1,32,178.83 million by 2030. It is estimated to record a CAGR of 10.8% from 2022 to 2030.
Moreover, AI helps find the best-fit candidate by matching an applicant's experience and skills with the job description. The recruitment chatbox is another AI technology that offers job seekers real-time updates and interaction 24/7 by allowing them to ask questions about job requirements or recruitment timelines while providing helpful feedback and suggestions. Further, AI-based video interview software helps assess a candidate's word choices, speech patterns, and also facial expressions to check if the candidate is the right fit for the position.
AI and automation have brought about significant changes in the recruitment process and have revolutionized the entire process. Thus, automation and AI-driven recruitment will further contribute to the market's growth in the coming years.
The UAE is the most advanced country in this region, and the government is focusing on leveraging a range of technologically advanced solutions to boost the overall manufacturing infrastructure of the country. According to the UAE's Department of Economic Development, the manufacturing sector records ~80% of the country's non-oil trade; it is projected as the second-largest contributor to the country's economy. Moreover, the government of Dubai is planning to set up a manufacturing plant in the city. In 2021, the manufacturing industry contributed 8.9% to Dubai's GDP, which is expected to create lucrative opportunities for the staffing and recruitment market in the region during the forecast period.
Based on staffing type, the Middle East & Africa staffing and recruitment market is bifurcated into permanent and temporary. The permanent segment held a larger share of the Middle East & Africa staffing and recruitment market in 2022.
In terms of recruitment channel, the Middle East & Africa staffing and recruitment market is segmented into online, hybrid, and offline. The online segment held the largest share of the Middle East & Africa staffing and recruitment market in 2022.
By end user, the Middle East & Africa staffing and recruitment market is categorized into IT and telecom, BFSI, healthcare, retail and E-Commerce, and others. The others segment held the largest share of the Middle East & Africa staffing and recruitment market in 2022.
Based on country, the Middle East & Africa staffing and recruitment market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated Middle East & Africa staffing and recruitment market in 2022.
Adecco Group AG, Alliance Recruitment Agency, BAC Middle East, Brunel International NV, Hays Plc, Korn Ferry, Medacs Global Group Ltd, Morgan Philips Group SA, NES Fircroft, and Randstad NV are some of the leading companies operating in the Middle East & Africa staffing and recruitment market.
Automation and AI-Driven Recruitment Bolsters Middle East & Africa Staffing and Recruitment Market
Recruitment technology is taking over the hiring process. Artificial intelligence (AI) and automation in the recruitment process provide benefits such as efficiency, personalization, and data-informed decision-making. Integrating AI and automation into the recruitment process helps companies shortlist ideal candidates, automate manual tasks, streamline the recruitment workflow, and others. There are many ways to leverage AI and automation technology for talent attraction and candidate experience throughout the recruiting process. AI technology allows personalizing outreach while tracking candidates' behavior on the website and sends them customized content and messages based on their interests.Moreover, AI helps find the best-fit candidate by matching an applicant's experience and skills with the job description. The recruitment chatbox is another AI technology that offers job seekers real-time updates and interaction 24/7 by allowing them to ask questions about job requirements or recruitment timelines while providing helpful feedback and suggestions. Further, AI-based video interview software helps assess a candidate's word choices, speech patterns, and also facial expressions to check if the candidate is the right fit for the position.
AI and automation have brought about significant changes in the recruitment process and have revolutionized the entire process. Thus, automation and AI-driven recruitment will further contribute to the market's growth in the coming years.
Middle East & Africa Staffing and Recruitment Market Overview
The Middle East & Africa staffing and recruitment market is categorized into South Africa, the UAE, Saudi Arabia, and the Rest of MEA. The Middle East has a well-established manufacturing sector, which is mainly attributed to governments' efforts to encourage the expansion of this sector. In 2020, the UAE Ministry of Economy invested a total of US$ 1.06 billion in new industrial facilities. The sector contributes over 10% to the non-oil GDP of Abu Dhabi. The expansion of manufacturing facilities is creating new job opportunities for hiring suitable candidates, which increases the demand for staffing and recruiting services among recruiters.The UAE is the most advanced country in this region, and the government is focusing on leveraging a range of technologically advanced solutions to boost the overall manufacturing infrastructure of the country. According to the UAE's Department of Economic Development, the manufacturing sector records ~80% of the country's non-oil trade; it is projected as the second-largest contributor to the country's economy. Moreover, the government of Dubai is planning to set up a manufacturing plant in the city. In 2021, the manufacturing industry contributed 8.9% to Dubai's GDP, which is expected to create lucrative opportunities for the staffing and recruitment market in the region during the forecast period.
Middle East & Africa Staffing and Recruitment Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Staffing and Recruitment Market Segmentation
The Middle East & Africa staffing and recruitment market is segmented into staffing type, recruitment channel, end user, and country.Based on staffing type, the Middle East & Africa staffing and recruitment market is bifurcated into permanent and temporary. The permanent segment held a larger share of the Middle East & Africa staffing and recruitment market in 2022.
In terms of recruitment channel, the Middle East & Africa staffing and recruitment market is segmented into online, hybrid, and offline. The online segment held the largest share of the Middle East & Africa staffing and recruitment market in 2022.
By end user, the Middle East & Africa staffing and recruitment market is categorized into IT and telecom, BFSI, healthcare, retail and E-Commerce, and others. The others segment held the largest share of the Middle East & Africa staffing and recruitment market in 2022.
Based on country, the Middle East & Africa staffing and recruitment market is segmented into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Saudi Arabia dominated Middle East & Africa staffing and recruitment market in 2022.
Adecco Group AG, Alliance Recruitment Agency, BAC Middle East, Brunel International NV, Hays Plc, Korn Ferry, Medacs Global Group Ltd, Morgan Philips Group SA, NES Fircroft, and Randstad NV are some of the leading companies operating in the Middle East & Africa staffing and recruitment market.
Reasons to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Middle East & Africa staffing and recruitment market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Middle East & Africa staffing and recruitment market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Middle East & Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Middle East & Africa Staffing and Recruitment Market Landscape
5. Middle East & Africa Staffing and Recruitment Market - Key Industry Dynamics
6. Staffing and Recruitment Market - Middle East & Africa Market Analysis
7. Middle East & Africa Staffing and Recruitment Market Analysis - Staffing Type
8. Middle East & Africa Staffing and Recruitment Market Analysis - Recruitment Channel
9. Middle East & Africa Staffing and Recruitment Market Analysis - End User
10. Middle East & Africa Staffing and Recruitment Market - Country Analysis
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
LIST OF TABLES
LIST OF FIGURES
Companies Mentioned
- Adecco Group AG
- Alliance Recruitment Agency
- BAC Middle East
- Brunel International NV
- Hays Plc
- Korn Ferry
- Medacs Global Group Ltd
- Morgan Philips Group SA
- NES Fircroft
- Randstad NV
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | June 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 58249.88 Million |
Forecasted Market Value ( USD | $ 132178.83 Million |
Compound Annual Growth Rate | 10.8% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 10 |