Global Staffing Market: Size, Trends

& Forecasts (2020-2024)

January 2020

Global Staffing Market: Coverage

Executive Summary and Scope

Introduction/Market Overview

Global Market Analysis

Regional Market Analysis

Dynamics

Competitive Landscape

Company Profiling

Global Staffing Market: Coverage

Attributes Details

Title Global Staffing Market: Size, Trends & Forecasts (2020-2024)

Coverage Global and Regional

Regional Coverage The US, Japan, UK, Germany, France, Netherlands, China, Australia, Switzerland, India, ROW

Market Influencing Variables Growth Drivers, Challenges, Market Trends

Forecast Period of Market 2020-2024

Competition in the Market Fragmented

Key Players The Adecco Group, Randstad NV, ManpowerGroup Inc., Recruit Holdings Co., Ltd.

Scope of the Report

Global Staffing Market

Staffing refers to the process of finding, selecting, and training of qualified personnel to fill various positions in an organization. Therecruitment process and other related activities are mainly performed by the staffing agencies, to provide staff to their clients. Staffingagencies also offer adjacent services such as permanent recruitment, training, and consulting.

The major benefits of outsourcing staffing process to recruitment agencies include, access to best candidates, entry to worldwide markets,smooth communication, less risk involved, easy and smooth staffing process, and reduced expenditure.

The steps involved in the process of staffing are profiling, searching, identifying viable candidates, telephone screening, the interview, anoffer, and joining the company. The staffing market can be segmented on the basis of staffing type, which includes Temporary Staffing andPlace & Search. The temporary staffing market can be further bifurcated into two segments: Commercial Staffing (Office/Clerical andIndustrial), and Professional Staffing (IT, Healthcare, Finance & Accounting, Engineering and Others).

The global staffing market has increased at a significant CAGR during the years 2015-2019 and projections are made that the market wouldrise in the next four years i.e. 2020-2024 tremendously. The staffing market is expected to increase due to rising GDP per capita, increasingtemporary staffing penetration, surge in the industrial production, growing millennial population, increasing outsourcing of HR activities,Globalization, etc. Yet the market faces some challenges such as aging population, talent shortages, etc.

Executive Summary

Staffing Market: Global Analysis

Global Staffing Market by Value

The global staffing market, valued at US$.... billion in 2019, increased as compared to US$... billion in 2018 at a CAGR of ….% from 2015 to 2019. The global staffing market is anticipated to reach up to US$... billion by 2024 from US$... billion in 2020, increasing at a CAGR of ….% from 2020 to 2024..

CAGRs

2015-2019 xx%

2020-2024 xx%

2015 2016 2017 2018 2019

US

$ B

illio

n

2020 2021 2022 2023 2024U

S$

Billio

n

Staffing Market: Global Analysis

Global Staffing Market by Region; 2019

The US, xx%

Japan, xx%

UK, xx%

Germany, xx%

France, xx%

Netherlands, xx%

China, xx%

Australia, xx%

Switzerland, xx%

India, xx%

ROW, xx%

Staffing Market: Global Analysis

Global Staffing Market by Staffing Type; 2019

Staffing Type Share

Temporary Staffing xx%

Place & Search xx%

Staffing Market: Staffing Type Analysis

Global Temporary Staffing Market by Value Global Place & Search Staffing Market by Value

Staffing Type CAGR

2020-2024

Temporary Staffing xx%

Place & Search xx%

2020 2021 2022 2023 2024

US

$ B

illio

n

2020 2021 2022 2023 2024

US

$ B

illio

n

Staffing Market: Regional Analysis

The US Staffing Market by Value

Japan Staffing Market by Value

Region CAGR

2020-2024

The US xx%

Japan xx%

UK xx%

Germany xx%

France xx%

Netherlands xx%

China xx%

Australia xx%

Switzerland xx%

India xx%

ROW xx%

2020 2021 2022 2023 2024

US

$ B

illio

n

2020 2021 2022 2023 2024

US

$ B

illio

n

The US Staffing Market: An Analysis

Segments Share CAGR(2020-2024)

Professional Staffing xx% xx%

Commercial Staffing xx% xx%

The US Staffing Market by Staffing Type; 2019

The US Temporary Staffing Market by Segments; 2019

Staffing Type Share CAGR(2020-2024)

Temporary Staffing xx% xx%

Place & Search xx% xx%

The US Staffing Market: An Analysis

Sector Share CAGR(2020-2024)

IT xx% xx%

Healthcare xx% xx%

Engineering xx% xx%

Finance & Accounting xx% xx%

Others xx% xx%

The US Commercial Staffing Market by Sector; 2019

The US Professional Staffing Market by Sector; 2019

Sector Share CAGR(2020-2024)

Industrial xx% xx%

Office/Clerical xx% xx%

Staffing Market: Dynamics

Growth Driver

•Rising GDP Per Capita

•Increasing Temporary Staffing Penetration

Challenges

•Aging Population

•Talent Shortages

Market Trends

•Growing Importance of Artificial Intelligence (AI) in Staffing

•Rising Trend of Social Recruiting

Staffing Market: Competitive Landscape

• The Adecco Group

• Randstad NV

• ManpowerGroup Inc.

• Recruit Holdings Co., Ltd.

Players Profiled

Note: The graphs on this slide are only for sample representation.

Global Staffing Players by Market Share; 2018