Global Recruitment Process Outsourcing (RPO) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 - 2025

  • ID: 4394847
  • Report
  • Region: Global
  • Acute Market Reports
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FEATURED COMPANIES

  • Accolo, Inc.
  • ADP, LLC
  • Alexander Mann Solutions
  • Cielo, Inc.
  • Hays Plc.
  • Hudson Global, Inc.
  • MORE

The global recruitment process outsourcing (RPO) market was valued at US$ 5.01 Bn in 2017 and is estimated to expand with a CAGR of 14.4% from 2017 - 2025.

Market Insights

Recruitment process outsourcing (RPO) refers to an outsourced service where the client organization handovers all or some of the recruitment processes to a third-party (RPO) vendor. The most significant factor fueling the market growth is the reduction in overhead costs of the client organizations. Additionally, outsourcing recruitment processes makes hiring much easier, faster and productive as compared to the traditional recruitment processes. This has made large number of companies across the world turn towards adoption of RPO in recent years. Due to rising penetration of the overall outsourcing concept, the RPO market is expected to witness strong growth in the coming years.

RPO is popular majorly in North America and Europe where the adoption of these services dates back to early 2000’s. However, Asia Pacific is estimated to emerge as the highest growing market for RPO, in terms of revenue and adoption, in the coming years. The demand for RPO service is majorly governed by the rising number of business enterprises coupled with the need for productive recruitment. Due to strong growth across various industrial sectors in countries such as China, India and some of the Southeast Asia countries, the RPO market in Asia Pacific is expected to expand nearly fourfold by 2022.

Competitive Insights

The global recruitment process outsourcing market is highly consolidated in nature with few major players contributing to over eighty percent of the total market revenue. Some of the major players in RPO market are ManpowerGroup Solutions, Alexander Mann Solutions, Hudson Global, Randstad Holding NV, Kenexa Corporation and others. Nevertheless, these players witness significant penetration challenges due to presence of local/regional players. Most of the global RPO vendors have partnered/acquired the regional players in order to establish their presence in concerned markets. Additionally, due to increasing popularity of RPO services, more number of regional players are expected to emerge in the coming years making the market further competitive.

Key Trends:

  • Acquisition of small and medium scale RPO vendors; partnership with regional RPO vendors
  • Shift towards countries/regions with major labor shortage
  • Offering customized and low cost solutions in order to compete with the local players
  • Focus on emerging economies such as India, China, Brazil, Argentina and some of the Eastern Europe countries
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Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • Accolo, Inc.
  • ADP, LLC
  • Alexander Mann Solutions
  • Cielo, Inc.
  • Hays Plc.
  • Hudson Global, Inc.
  • MORE
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I - Secondary Research
1.3.2 Phase II - Primary Research
1.3.3 Phase III - Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Recruitment Process Outsourcing Market
2.2 Global Recruitment Process Outsourcing Market, By Engagement Model
2.3 Global Recruitment Process Outsourcing Market, By Industry Vertical
2.4 Global Recruitment Process Outsourcing Market, By Geography

Chapter 3 Market Dynamics
3.1 Recruitment Process Outsourcing Market Overview
3.1.1 Global Recruitment Process Outsourcing Market Revenue AND Growth, 2017 - 2025, (US$ Mn) (%)
3.2 Market Inclination Insights
3.2.1 Acquisition and partnerships with other market players
3.2.2 Focus on specialization
3.2.3 Targeting Asia Pacific and North America
3.2.4 Extensive use of social media and ‘Headhunting’
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1 Superior Advantages of Recruitment Process Outsourcing over In-house Process
3.3.1.2 Rising economic development in Asia Pacific
3.3.2 Market Growth Inhibitors
3.3.2.1 Hesitance towards adoption of RPO service
3.3.3 Opportunities
3.4 See-Saw Analysis
3.4.1 Impact Analysis of Drivers and Restraints
3.5 Attractive Investment Proposition
3.6 Market Positioning of Key Recruitment Process Outsourcing Vendors

Chapter 4 Global Recruitment Process Outsourcing Market Analysis, By Engagement Model
4.1 Pac-Man Analysis
4.1.1 Global Recruitment Process Outsourcing Market Revenue Share, By Engagement Model, 2014 & 2022 (% Value)
4.2 On-demand RPO
4.3 End-to-end RPO

Chapter 5 Global Recruitment Process Outsourcing Market Analysis, By Industry Vertical
5.1 Tornado Analysis
5.1.1 Global Recruitment Process Outsourcing Market Revenue Share, By Industry Vertical, 2014 & 2022 (% Value)
5.2 Banks, Financial Services and Insurance (BFSI)
5.3 IT & Telecommunication
5.4 ITeS & BPO
5.5 Healthcare
5.6 Manufacturing & Heavy Industries
5.7 Others (Retail, Education, Utilities etc.)

Chapter 6 North America Recruitment Process Outsourcing Market Analysis
6.1 Overview
6.1.1 North America Recruitment Process Outsourcing Market Revenue, 2017 - 2025, (US$ Mn)
6.2 North America Recruitment Process Outsourcing Market Analysis, By Engagement Model, 2017 - 2025 (US$ Mn)
6.2.1 SRC Analysis
6.3 North America Recruitment Process Outsourcing Market Analysis, by Industry Vertical, 2017 - 2025 (US$ Mn)
6.3.1 SRC Analysis
6.4 North America Recruitment Process Outsourcing Market Analysis, By Region, 2017 - 2025 (US$ Mn)
6.4.1 SRC Analysis

Chapter 7 Europe Recruitment Process Outsourcing Market Analysis
7.1 Overview
7.1.1 Europe Recruitment Process Outsourcing Market Revenue, 2017 - 2025, (US$ Mn)
7.2 Europe Recruitment Process Outsourcing Market Analysis, By Engagement Model, 2017 - 2025 (US$ Mn)
7.2.1 SRC Analysis
7.3 Europe Recruitment Process Outsourcing Market Analysis, by Industry Vertical, 2017 - 2025 (US$ Mn)
7.3.1 SRC Analysis
7.4 Europe Recruitment Process Outsourcing Market Analysis, By Region, 2017 - 2025 (US$ Mn)
7.4.1 SRC Analysis

Chapter 8 Asia Pacific Recruitment Process Outsourcing Market Analysis
8.1 Overview
8.1.1 Asia Pacific Recruitment Process Outsourcing Market Revenue, 2017 - 2025, (US$ Mn)
8.2 Asia Pacific Recruitment Process Outsourcing Market Analysis, By Engagement Model, 2017 - 2025 (US$ Mn)
8.2.1 SRC Analysis
8.3 Asia Pacific Recruitment Process Outsourcing Market Analysis, by Industry Vertical, 2017 - 2025 (US$ Mn)
8.3.1 SRC Analysis
8.4 Asia Pacific Recruitment Process Outsourcing Market Analysis, By Region, 2017 - 2025 (US$ Mn)
8.4.1 SRC Analysis

Chapter 9 Rest of the World (RoW) Recruitment Process Outsourcing Market Analysis
9.1 Overview
9.1.1 RoW Recruitment Process Outsourcing Market Revenue, 2017 - 2025, (US$ Mn)
9.2 RoW Recruitment Process Outsourcing Market Analysis, By Engagement Model, 2017 - 2025 (US$ Mn)
9.2.1 SRC Analysis
9.3 RoW Recruitment Process Outsourcing Market Analysis, by Industry Vertical, 2017 - 2025 (US$ Mn)
9.3.1 SRC Analysis
9.4 RoW Recruitment Process Outsourcing Market Analysis, By Region, 2017 - 2025 (US$ Mn)
9.4.1 SRC Analysis

Chapter 10 Company Profiles
10.1 Alexander Mann Solutions
10.1.1 Alexander Mann Solutions: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.2 ManpowerGroup Solutions
10.2.1 ManpowerGroup Solutions: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
10.3 Hudson Global, Inc.
10.3.1 Hudson Global, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.4 Kenexa Corporation (an IBM Company)
10.4.1 Kenexa Corporation (an IBM Company): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.5 Randstad Holdings NV
10.5.1 Randstad Holdings NV: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.6 ADP, LLC
10.6.1 ADP, LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.7 Atterro Human Capital Group
10.7.1 Atterro Human Capital Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.8 Accolo, Inc.
10.8.1 Accolo, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.9 Kelly Outsourcing and Consulting Group
10.9.1 Kelly Outsourcing and Consulting Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.10 Cielo, Inc.
10.10.1 Cielo, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.11 Futurestep (a Korn Ferry company)
10.11.1 Futurestep (a Korn Ferry company): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
10.12 Hays Plc.
10.12.1 Hays Plc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

List of Figures
Fig 1 Global Recruitment Process Outsourcing Market: Research Methodology
Fig 2 Top-Down and Bottom Up Approach
Fig 3 Global Recruitment Process Outsourcing Market, By Engagement Model, 2017 (US$ Mn)
Fig 4 Global Recruitment Process Outsourcing Market, By Industry Vertical, 2017 (US$ Mn)
Fig 5 Global Recruitment Process Outsourcing Market, By Geography, 2017 (US$ Mn)
Fig 6 Global Recruitment Process Outsourcing Market Revenue AND Growth, 2017 - 2025, (US$ Mn) (%)
Fig 7 Graduates Addition to the Talent Pool in India (Mn)
Fig 8 See-Saw Analysis: Global Recruitment Process Outsourcing Market
Fig 9 Attractive Investment Proposition
Fig 10 Market Positioning of Key Recruitment Process Outsourcing Vendors, 2015
Fig 11 Global Recruitment Process Outsourcing Market Revenue Share, By Engagement Model, 2017 & 2022 (% Value)
Fig 12 Global On-demand RPO Market Revenue, 2017 - 2025 (US$ Mn)
Fig 13 Global End-to-end RPO Market Revenue, 2017 - 2025 (US$ Mn)
Fig 14 Global Recruitment Process Outsourcing Market Revenue Share, By Industry Vertical, 2017 & 2022 (% Value)
Fig 15 Global RPO Market Revenue in BFSI, 2017 - 2025 (US$ Mn)
Fig 16 Global RPO Market Revenue in IT & Telecommunication, 2017 - 2025 (US$ Mn)
Fig 17 Global RPO Market Revenue in ITeS & BPO, 2017 - 2025, (US$ Mn)
Fig 18 Global RPO Market Revenue in Healthcare, 2017 - 2025, (US$ Mn)
Fig 19 Global RPO Market Revenue in Manufacturing & Heavy Industries, 2017 - 2025, (US$ Mn)
Fig 20 Global RPO Market Revenue in Others, 2017 - 2025, (US$ Mn)
Fig 21 North America Recruitment Process Outsourcing Market Revenue, 2017 - 2025, (US$ Mn)
Fig 22 Europe Recruitment Process Outsourcing Market Revenue, 2017 - 2025, (US$ Mn)
Fig 23 Asia Pacific Recruitment Process Outsourcing Market Revenue, 2017 - 2025, (US$ Mn)
Fig 24 RoW Recruitment Process Outsourcing Market Revenue, 2017 - 2025, (US$ Mn)

List of Tables
Table 1 Market Snapshot: Global Recruitment Process Outsourcing Market
Table 2 Impact Indicators
Table 3 Impact Analysis of Drivers and Restraints
Table 4 North America Recruitment Process Outsourcing Market Revenue, By Engagement Model, 2017 - 2025 (US$ Mn)
Table 5 North America Recruitment Process Outsourcing Market Analysis, by Industry Vertical, 2017 - 2025 (US$ Mn)
Table 6 North America Recruitment Process Outsourcing Market Revenue, By Region, 2017 - 2025 (US$ Mn)
Table 7 Europe Recruitment Process Outsourcing Market Revenue, By Engagement Model, 2017 - 2025 (US$ Mn).
Table 8 Europe Recruitment Process Outsourcing Market Analysis, by Industry Vertical, 2017 - 2025 (US$ Mn)
Table 9 Europe Recruitment Process Outsourcing Market Revenue, By Region, 2017 - 2025 (US$ Mn)
Table 10 Asia Pacific Recruitment Process Outsourcing Market Analysis, by Engagement Model, 2017 - 2025 (US$ Mn)
Table 11 Asia Pacific Recruitment Process Outsourcing Market Analysis, by Industry Vertical, 2017 - 2025 (US$ Mn)
Table 12 Asia Pacific Recruitment Process Outsourcing Market Revenue, By Region, 2017 - 2025 (US$ Mn)
Table 13 RoW Recruitment Process Outsourcing Market Analysis, by Engagement Model, 2017 - 2025 (US$ Mn)
Table 14 RoW Recruitment Process Outsourcing Market Analysis, by Industry Vertical, 2017 - 2025 (US$ Mn)
Table 15 RoW Recruitment Process Outsourcing Market Revenue, By Region, 2017 - 2025 (US$ Mn)
Table 16 Alexander Mann Solutions: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
Table 17 ManpowerGroup Solutions: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
Table 18 Hudson Global, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
Table 19 Kenexa Corporation (an IBM Company): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
Table 20 Randstad Holdings NV: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Applications Served, Recent Developments)
Table 21 ADP, LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
Table 22 Atterro Human Capital Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
Table 23 Accolo, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
Table 24 Kelly Outsourcing and Consulting Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
Table 25 Cielo, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
Table 26 Futurestep (a Korn Ferry company): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
Table 27 Hays Plc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
Note: Product cover images may vary from those shown
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  • Alexander Mann Solutions
  • ManpowerGroup Solutions
  • Hudson Global, Inc.
  • Kenexa Corporation (an IBM Company)
  • Randstad Holdings NV
  • ADP, LLC
  • Atterro Human Capital Group
  • Accolo, Inc.
  • Kelly Outsourcing and Consulting Group
  • Cielo, Inc.
  • Futurestep (a Korn Ferry company)
  • Hays Plc.
Note: Product cover images may vary from those shown
5 of 6
6 of 6
Note: Product cover images may vary from those shown
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