HR Outsourcing and Consultancy Service Market size was valued at USD 36.4 Billion in 2024 and is projected to reach USD 66.3 Billion by 2033, exhibiting a CAGR of 7.3% from 2026 to 2033.
The global HR Outsourcing and Consultancy Service Market was valued at approximately USD 55.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 9.3% during the forecast period from 2023 to 2030. This market includes services such as recruitment process outsourcing, payroll outsourcing, learning and development services, talent management, and other related consultancy services. The growing adoption of outsourcing to streamline HR functions, along with the increasing demand for talent management and specialized workforce solutions, is driving this growth. As organizations seek cost effective and efficient solutions to manage HR operations, outsourcing continues to gain traction across various sectors including IT, manufacturing, and healthcare.
Regionally, North America dominated the HR Outsourcing and Consultancy Service Market in 2022, accounting for a significant share of the global market revenue, driven by the presence of major outsourcing service providers and a large number of businesses opting for HR consultancy. The region was valued at approximately USD 22.5 billion in 2022. Europe also held a notable market share, driven by the increasing trend of businesses outsourcing non core activities. The Asia Pacific market is expected to witness the highest CAGR of 11.2% from 2023 to 2030 due to the rapid economic growth in countries like India and China, coupled with the rising adoption of HR outsourcing services by small and medium sized enterprises (SMEs). The Latin America and Middle East & Africa markets are also growing, albeit at a slower pace, with demand for specialized HR services increasing in line with business development in these regions.
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Insperity
Oasis Outsourcing
Accenture HR
CPEhr
G&A Partners
Acadia HR
MSI Global Transformation Solutions
Aon Hewitt
Globalization Partners
People Strategy
Astron Solutions
Alliant
XcelHR
Adecco
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global HR Outsourcing and Consultancy Service Market
End-to-End HR Outsourcing
Recruitment Process Outsourcing (RPO)
Payroll Outsourcing
Benefits Administration Outsourcing
Learning and Development Outsourcing
Healthcare
Information Technology (IT)
Financial Services
Manufacturing
Retail
Telecommunications
Government
Small Enterprises
Medium-Sized Enterprises
Large Enterprises
Startups
Established Enterprises
Public Sector
Private Sector
Onshore Outsourcing
Offshore Outsourcing
Hybrid Outsourcing
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global HR Outsourcing and Consultancy Service Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global HR Outsourcing and Consultancy Service Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global HR Outsourcing and Consultancy Service Market, By Type
6. Global HR Outsourcing and Consultancy Service Market, By Application
7. Global HR Outsourcing and Consultancy Service Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global HR Outsourcing and Consultancy Service Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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