Canada Recruitment Process Outsourcing Market to 2027- COVID-19 Impact and Country Analysis by Type; Industries

The recruitment process outsourcing market in Canada was valued at US$ 336.1 million in 2019 and is projected to reach US$ 2,948.4 million by 2027; it is expected to grow at a CAGR of 31.4% from 2020 to 2027. The growth of the market in Canada is attributed to the popularity of recruitment process outsourcing solutions is growing mainly due to the demand for customizable talent acquisition solution by employers. In today’s outsourcing scenario, employer is not only looking at simple hiring solutions, but they want customized solutions based on specific hiring demands to improve employer branding and candidate/hiring personnel experience. These factors are anticipated to witness impressive growth during the forecast period.

Various types of recruitment process outsourcing solutions and services offered for filling vacancies for technical staff, sales & marketing, office / admin support, and other roles. The technical staff segment led the Canada recruitment process outsourcing market, based on type, in 2019. The advent of new technologies and their impact on the sectors such as telecom, IT, manufacturing, retail, and BFSI is expected to further boost the demand of technical staff in these sectors in the coming years.

The overall Canada recruitment process outsourcing market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the recruitment process outsourcing market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants typically involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Canada recruitment process outsourcing market.ADP Canada, Randstad Source right, Manpower Group, Hudson Group Inc., and Hays Specialist Recruitment (Canada) Inc., are among the major players operating in this market in the country.

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