Human Resource Outsourcing (HRO) Services Market Top Leading Players with Strategies and Forecast 2028

Human Resource Outsourcing is a contractual agreement between an employer and an external third-party provider whereby the employer transfers the management of, and responsibility for, certain HR functions to the external provider. Many types of HR outsourcing options are available to employers. The options can be as specific as outsourcing one particular aspect of one HR function—such as applicant tracking for affirmative action purposes—or as broad as outsourcing the entire human resource department. HR outsourcing helps an organization to gain cost and time efficiencies and provides cutting edge over their human resource strategies and improves services to their employees.

Scope of the Report

The research study analyses the Human Resource Outsourcing (HRO) Services Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Market Segmentation:

By Type

• Professional employer organizations (PEOs)
• Administrative Service Organizations (ASOs)

By Application

• Large Enterprises
• SMEs

Key players

• Automatic Data Processing (ADP)
• Acumen International
• ELEMENTS GLOBAL SERVICES
• EuroDev
• Globalization Partners
• Global Upside
• iWorkGlobal
• Mauve Group
• New Horizons Global Partners
• Papaya Global

Geographic Coverage

o North America Market Size and/or Volume

o Latin America Market Size and/or Volume

o Europe Market Size and/or Volume

o Asia-Pacific Market Size and/or Volume

o Rest of the world Market Size and/or Volume

Key Questions Answered by Human Resource Outsourcing (HRO) Services Market Report

1. What was the Human Resource Outsourcing (HRO) Services Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Human Resource Outsourcing (HRO) Services Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Human Resource Outsourcing (HRO) Services Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.