How Global Employment Services Market Players Should Strategize For 2022-2031

The global employment services market size is expected to grow from $1.41 trillion in 2021 to $1.60 trillion in 2022 at a compound annual growth rate (CAGR) of 13.1%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The employment services market is expected to reach $2.51 trillion in 2026 at a CAGR of 11.9%.

What is the Global Employment Services Market?

The employment services market consists of sales of employment services and related goods by entities (organizations, sole traders and partnerships) that list employment vacancies and refer or place applicants for employment; provide executive search, recruitment, and placement services; supply workers to clients' businesses for limited periods of time to supplement the working force of the client; or provide human resources and human resource management services to client businesses and households.

Get a Sample of the global employment services market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2226&&type=smp

What drives the Global Employment Services Market?

Executive search services companies and recruitment agencies are increasingly relying on artificial intelligence to simplify recruitment process. Recruitment process involves screening of profiles from a large applicant pool which is time consuming. Artificial intelligence can automate this process for effective screening and assessment of candidates. Additionally, artificial intelligence powered chat bots are being used for initial communication with job applicants and scheduling interviews. For instance, the ARYA platform by Leoforce uses artificial intelligence to analyse profiles, resumes and information on the web to screen job applicants. Olivia, a chat bot communicates with candidates through mobile platforms or social channels to schedule interviews.

Get the full global employment services industry report here:

Global Employment Services Market Segments
The global employment services market is segmented:
By Type: Employment Placement Agencies, Executive Search Services, Temporary Help Services, Professional Employer Organizations
By Vertical: Banking and Financial, Engineering, Medical, Information and Technology, Others
By Mode: Online, Offline
By Geography: The regions covered in the employment services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Employment Services Global Market Report 2022provides market size and growth forecasts for the global employment services market, global employment services market share, employment services market segments and geographies, employment services market competitive landscape including leading competitors’ revenues, profiles and market shares. The employment services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Employment Services Industry Playersinclude Randstad Holding NV, Adecco Group, Recruit Holdings, ManpowerGroup Inc., Hays Plc, Kelly Services Inc, ADP LLC, Insperity, Inc., Robert Half International Inc. and Korn Ferry. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.