COVID-19 Outbreak-Global Human Resource Outsourcing (HRO) Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020
- 120 Pages
- Region: Global
Human Resources Outsourcing (HRO) is one of the major sectors in the Business Process Outsourcing (BPO) domain. Companies lacking the financial, human and technological resources to handle critical functions of the human resource (HR) management generally opt for HR outsourcing services. As HR department plays a vital role in the overall satisfaction of the employees in any company, HRO has been increasingly gaining importance. By outsourcing common HR functions such as learning management, recruiting, compensation planning, performance management and succession planning, companies benefit in terms of cost savings as well as performance improvements. Companies with less employee strength are also willing to focus on outsourcing their human resource functions, as service providers are creating appropriate outsourcing models that suit the organization, providing employee productivity benefits.
The Human Resource Outsourcing (HRO) market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.
Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.
In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Human Resource Outsourcing (HRO) industry.
Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.
In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.
The Human Resource Outsourcing (HRO) market can be split based on product types, major applications, and important countries as follows:
Key players in the global Human Resource Outsourcing (HRO) market covered in Chapter 12:
NGA Human Resources
International Business Machines Corporation
Infosys BPM Ltd.
Adecco Group AG
Ultimate Software Group, Inc.
Ceridian HCM, Inc.
General Outsourcing Co. Ltd.
CGI Group, Inc.
Randstad Holding NV
In Chapter 4 and 14.1, on the basis of types, the Human Resource Outsourcing (HRO) market from 2015 to 2025 is primarily split into:
Benefits Administration Outsourcing
Multiprocess Human Resource Outsourcing
Recruitment Process Outsourcing
Learning Services Outsourcing
In Chapter 5 and 14.2, on the basis of applications, the Human Resource Outsourcing (HRO) market from 2015 to 2025 covers:
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
Europe (Covered in Chapter 8 and 14)
Asia-Pacific (Covered in Chapter 9 and 14)
Middle East and Africa (Covered in Chapter 10 and 14)
South America (Covered in Chapter 11 and 14)
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025