Global Employment Services Market to Reach $4.9 Trillion by 2030
The global market for Employment Services estimated at US$1.4 Trillion in the year 2022, is projected to reach a revised size of US$4.9 Trillion by 2030, growing at a CAGR of 17.4% over the analysis period 2022-2030. Employment Placement Agencies, one of the segments analyzed in the report, is projected to record 15.5% CAGR and reach US$1.7 Trillion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Executive Search Services segment is readjusted to a revised 18.2% CAGR for the next 8-year period.The U.S. Market is Estimated at $402.1 Billion, While China is Forecast to Grow at 16.9% CAGR
The Employment Services market in the U.S. is estimated at US$402.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$862.4 Billion by the year 2030 trailing a CAGR of 16.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.3% and 15% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.9% CAGR.Select Competitors (Total 247 Featured) -
- 51job
- ADP LLC
- Allegis Group Inc.
- Beijing Foreign Enterprise Human Resource Service Co. Ltd
- CDI Corporation
- China International Talent Development Center
- Cielo Inc.
- Hays Plc
- Kelly Services Inc.
- Korn/Ferry International
- ManpowerGroup Inc.
- Poolia AB
- Randstad Holding NV
- Recruit Holdings Co. Ltd.
- Robert Half International Inc.
- Synergie SA
- The Adecco Group
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 51job
- ADP LLC
- Allegis Group Inc.
- Beijing Foreign Enterprise Human Resource Service Co. Ltd
- CDI Corporation
- China International Talent Development Center
- Cielo Inc.
- Hays Plc
- Kelly Services Inc.
- Korn/Ferry International
- ManpowerGroup Inc.
- Poolia AB
- Randstad Holding NV
- Recruit Holdings Co. Ltd.
- Robert Half International Inc.
- Synergie SA
- The Adecco Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 376 |
Published | April 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 1.3 Trillion |
Forecasted Market Value ( USD | $ 3.2 Trillion |
Compound Annual Growth Rate | 13.7% |
Regions Covered | Global |