- March 2020 |
- Information and Communication Technology (ICT) / Financial Services and Investment Intelligence
Human Resources Outsourcing (HRO) Market Size, By Vehicle Type (Hatchback, Sedan, SUV, and Others), By Fuel Type (Petrol, Diesel, Electric, and Others), and By Engine Capacity (Less than 2500cc, 2500-5000cc, and Greater than 5000cc), and By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America); Trend Analysis, Competitive Market Share & Forecast, 2016-26
Human Resources Outsourcing (HRO) Market Forecast and Trends
The global Human Resources Outsourcing (HRO) market is anticipated to grow nearly at a CAGR of 9.51% to reach US$ 249.6 Billion by 2026. The global human resource outsourcing (HRO) market is projected to grow rapidly, powered by companies ' increasing need to improve HR departments ' operational efficiency, cut costs, streamline processes, and step up compliance management. Market growth is also motivated by the need to reconcile business operations with changing HR policy framework and labor laws.
The rising technology innovation focus of the service provider is promoting the commercial success of BPaaS as a HRO service delivery model. Benefits of...