Authored By: Sarah
31 Aug 2023

APAC Recruitment Process Outsourcing (RPO) Market 2021-2025: Need to Improve HR Value Chain and Compliance to Boost Growth 

The recruitment process outsourcing (RPO) market share in APAC is projected to grow by USD 1.08 billion, accelerating at a CAGR of 14.07% during the forecast period. The market is segmented by end-user (BFSI, manufacturing, energy, services, and others), geography (Australia, India, Japan, China, and the Rest of APAC), and service (blended RPO and MCRPO). The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Recruitment Process Outsourcing (RPO) Market Analysis in APAC 2021-2025: View the FREE Sample Report


APAC Recruitment Process Outsourcing (RPO) Market 2021-2025: Need to Improve HR Value Chain and Compliance to Boost Growth 

Recruitment Process Outsourcing (RPO) Market In APAC: Key Market Driver

One of the primary factors that will trigger the growth of the recruitment process outsourcing (RPO) market size in APAC is the need to improve the HR value chain and compliance. In addition, the increased use of neo-sourcing is the major recruitment process outsourcing (RPO) market trend in APAC which will positively influence the market growth. However, the quality of service concerns is the key factor impeding the market value

Technavio's research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip marketers with actionable insights that will help them leverage opportunities and formulate growth strategies for their businesses.

Recruitment Process Outsourcing (RPO) Market In APAC: Vendor Analysis

The market is fragmented due to the presence of several players. Accenture Plc, Adecco Group AG, Automatic Data Processing Inc., Hays Plc, Infosys Ltd., International Business Machines Corp., Korn Ferry, ManpowerGroup Global Inc., Randstad Holding NV, and TrueBlue Inc. are some of the major recruitment process outsourcing (RPO) market vendors in APAC. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. The customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. Download the Free PDF Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 14.07%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by USD 1.08 billion.

     
  3. What is a key factor driving this market?
    The need to improve the HR value chain and compliance will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    Australia, India, Japan, China, and the Rest of APAC are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market?
    48% growth will originate from the Rest of APAC.

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Accenture Plc, Adecco Group AG, Automatic Data Processing Inc., Hays Plc, Infosys Ltd., International Business Machines Corp., Korn Ferry, ManpowerGroup Global Inc., Randstad Holding NV, and TrueBlue Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (BFSI, manufacturing, energy, services, and others), Geography (Australia, India, Japan, China, and Rest of APAC), and Service (blended RPO and MCRPO).
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