Recruitment Process Outsourcing Market in APAC 2018
6-dec-2018 The Recruitment process outsourcing (RPO) market is expected to gain a significant CAGR of 21.13% during the period 2018-2022. Recruitment process outsourcing (RPO) market is gaining an upper traction in the past two decades since companies seek to balance the needs to recruit the needs while also managing the costs.
Recently, in the APAC sector, there has been proliferation of technology that involves resolving different steps in talent acquisition process that may or may not simplify the recruitment process in the market. The RPO model adopted by different companies involves the transfer of all part of the recruitment processes and activities on a very frequent basis.
Recruitment process outsourcing (RPO) market is driven by rise in IT services and HR value chain and compliance. The impelling factors are client retention and rise in talent hunt across the domain. Constant innovation and modernized approach for data services and technology is likely to drive the market growth in APAC sector.
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Emergence of start-ups driven by cloud-based technology and demand for professionals are more likely to supplement the market growth in the forecast period. Integration of cloud-based technology in modern business organizations and data security applications are most likely to develop the market scenario. Management education and pursuit of professional studies in HR adds value to the recruitment process. However, forging practices, misleading facts and malpractices to secure a job is more likely to affect the market growth in the forecast period.
Geographical segmentation for recruitment process outsourcing (RPO) market in APAC countries: India, China, Philippines, Australia, Singapore, Myanmar & Japan. India and China are major hubs for job market. Being emerging economies, these countries have abundant manpower along with professional competency.
Digital literacy is high in APAC, which adds value to the recruitment process in this region. A major trend witnessed in the market is the migration of talent to the West in search of opportunities creates a gateway for RPO market. The key players profiled in the recruitment process outsourcing (RPO) in APAC market report comprises ADP, Accenture, IBM, Infosys and Randstad.
About Recruitment Process Outsourcing (RPO)
The RPO is a sub-segment of human resource outsourcing (HRO) in which the recruitment processes are outsourced to external or third-party service providers. External service providers can manage end-to-end or a part of the recruitment process on behalf of the client organization's HR department.
Covered in this report
The report covers the present scenario and the growth prospects of the recruitment process outsourcing (RPO) market in APAC. To calculate the market size, the report considers the revenue generated from the adoption of services such as blended BPO and MCRPO.
The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Accenture
• ADP
• IBM
• Infosys
• Randstad
Market driver
• Increased use of neo-sourcing
• For a full, detailed list, view our report
Market challenge
• Regulatory issues
• For a full, detailed list, view our report
Market trend
• Increased adoption of recruitment analytics
• For a full, detailed list, view our report
Browse Full Research Report With TOC: https://www.radiantinsights.com/research/recruitment-process-outsourcing-rpo-market-in-apac-2018-2022
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Recently, in the APAC sector, there has been proliferation of technology that involves resolving different steps in talent acquisition process that may or may not simplify the recruitment process in the market. The RPO model adopted by different companies involves the transfer of all part of the recruitment processes and activities on a very frequent basis.
Recruitment process outsourcing (RPO) market is driven by rise in IT services and HR value chain and compliance. The impelling factors are client retention and rise in talent hunt across the domain. Constant innovation and modernized approach for data services and technology is likely to drive the market growth in APAC sector.
Request a Sample Copy of This Report: https://www.radiantinsights.com/research/recruitment-process-outsourcing-rpo-market-in-apac-2018-2022/request-sample
Emergence of start-ups driven by cloud-based technology and demand for professionals are more likely to supplement the market growth in the forecast period. Integration of cloud-based technology in modern business organizations and data security applications are most likely to develop the market scenario. Management education and pursuit of professional studies in HR adds value to the recruitment process. However, forging practices, misleading facts and malpractices to secure a job is more likely to affect the market growth in the forecast period.
Geographical segmentation for recruitment process outsourcing (RPO) market in APAC countries: India, China, Philippines, Australia, Singapore, Myanmar & Japan. India and China are major hubs for job market. Being emerging economies, these countries have abundant manpower along with professional competency.
Digital literacy is high in APAC, which adds value to the recruitment process in this region. A major trend witnessed in the market is the migration of talent to the West in search of opportunities creates a gateway for RPO market. The key players profiled in the recruitment process outsourcing (RPO) in APAC market report comprises ADP, Accenture, IBM, Infosys and Randstad.
About Recruitment Process Outsourcing (RPO)
The RPO is a sub-segment of human resource outsourcing (HRO) in which the recruitment processes are outsourced to external or third-party service providers. External service providers can manage end-to-end or a part of the recruitment process on behalf of the client organization's HR department.
Covered in this report
The report covers the present scenario and the growth prospects of the recruitment process outsourcing (RPO) market in APAC. To calculate the market size, the report considers the revenue generated from the adoption of services such as blended BPO and MCRPO.
The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Accenture
• ADP
• IBM
• Infosys
• Randstad
Market driver
• Increased use of neo-sourcing
• For a full, detailed list, view our report
Market challenge
• Regulatory issues
• For a full, detailed list, view our report
Market trend
• Increased adoption of recruitment analytics
• For a full, detailed list, view our report
Browse Full Research Report With TOC: https://www.radiantinsights.com/research/recruitment-process-outsourcing-rpo-market-in-apac-2018-2022
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
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