Report Detail
Global Human Resource Outsourcing (HRO) Market Size, Status and Forecast 2019-2025
- RnM3475710 |
- 08 July, 2019 |
- Global |
- 110 Pages |
- QYResearch |
- Service & Software
Human Resource Outsourcing (HRO) is a sustainable and competitive method to manage costs and allow a company’s core resources to focus on strategic initiatives rather than managing transactional activities in HR operations. This has enabled HR professionals in being more strategic people managers by outsourcing some of the administrative and operational tasks. Comprehensive Human Resource Outsourcing is achieved by offloading multiple processes and technologies such as benefits and payroll.
HR outsourcing (also known as HRO) is the process of sub-contracting human resources functions to an external supplier. Reviews of business processes have led many organisations to decide that it makes business sense to sub-contract some or all non-core activities to specialist providers. The process of human resource outsourcing is beneficial to many companies since this concept makes business processes very economical and efficient. Such factors drive the growth of human resource outsourcing market. Also, a lot of tedious training is required to have a separate operational HR department. Thus, business organizations prefer outsourcing as a solution. Such factors boost the market for human resource outsourcing.
Factors like loss of control over the staff, lack of flexibility restrains the organizations to adopt this outsourcing process. Also, this method prohibits the enterprise to maintain relationships with their employee, and it is also possible that the outsourced resource is not much benefit to the organization. Such factors hamper the growth of human resource outsourcing market.
In 2018, the global Human Resource Outsourcing (HRO) market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Human Resource Outsourcing (HRO) status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Human Resource Outsourcing (HRO) development in United States, Europe and China.
The key players covered in this study
Accenture Plc (Ireland)
Adecco S.A. (Switzerland)
Aon Hewitt LLC (USA)
Automatic Data Processing, Inc. (USA)
Capita HR Solutions (UK)
Cielo, Inc.
Ceridian HCM, Inc. (USA)
CGI Group Inc. (Canada)
Empower Software Solutions, Inc. (USA)
Fidelity Management and Research LLC (USA)
General Outsourcing Co, Ltd. (Thailand)
Genesys (USA)
Hewlett-Packard Company (USA)
Infosys BPO Ltd. (India)
International Business Machines Corporation (USA)
Intuit, Inc. (USA)
Mercer, LLC (UK)
NGA Human Resources (UK)
Paychex, Inc. (USA)
Randstad Holding NV (The Netherlands)
Talx Corporation (USA)
Talent2 International Ltd. (Australia)
TriCore, Inc. (USA)
Ultimate Software Group, Inc. (USA)
Xerox Corporation (USA)
Market segment by Type, the product can be split into
Payroll Outsourcing
Benefits Administration Outsourcing
Multiprocess Human Resource Outsourcing
Recruitment Process Outsourcing
Learning Services Outsourcing
Market segment by Application, split into
BFSI
Healthcare
IT
Hospitality
Retail
Other
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Human Resource Outsourcing (HRO) status, future forecast, growth opportunity, key market and key players.
To present the Human Resource Outsourcing (HRO) development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Human Resource Outsourcing (HRO) are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
- 1.1 Study Scope
- 1.2 Key Market Segments
- 1.3 Players Covered
- 1.4 Market Analysis by Type
- 1.4.1 Global Human Resource Outsourcing (HRO) Market Size Growth Rate by Type (2014-2025)
- 1.4.2 Payroll Outsourcing
- 1.4.3 Benefits Administration Outsourcing
- 1.4.4 Multiprocess Human Resource Outsourcing
- 1.4.5 Recruitment Process Outsourcing
- 1.4.6 Learning Services Outsourcing
- 1.5 Market by Application
- 1.5.1 Global Human Resource Outsourcing (HRO) Market Share by Application (2014-2025)
- 1.5.2 BFSI
- 1.5.3 Healthcare
- 1.5.4 IT
- 1.5.5 Hospitality
- 1.5.6 Retail
- 1.5.7 Other
- 1.6 Study Objectives
- 1.7 Years Considered
2 Global Growth Trends
- 2.1 Human Resource Outsourcing (HRO) Market Size
- 2.2 Human Resource Outsourcing (HRO) Growth Trends by Regions
- 2.2.1 Human Resource Outsourcing (HRO) Market Size by Regions (2014-2025)
- 2.2.2 Human Resource Outsourcing (HRO) Market Share by Regions (2014-2019)
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
- 2.3.3 Market Opportunities
3 Market Share by Key Players
- 3.1 Human Resource Outsourcing (HRO) Market Size by Manufacturers
- 3.1.1 Global Human Resource Outsourcing (HRO) Revenue by Manufacturers (2014-2019)
- 3.1.2 Global Human Resource Outsourcing (HRO) Revenue Market Share by Manufacturers (2014-2019)
- 3.1.3 Global Human Resource Outsourcing (HRO) Market Concentration Ratio (CR5 and HHI)
- 3.2 Human Resource Outsourcing (HRO) Key Players Head office and Area Served
- 3.3 Key Players Human Resource Outsourcing (HRO) Product/Solution/Service
- 3.4 Date of Enter into Human Resource Outsourcing (HRO) Market
- 3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
- 4.1 Global Human Resource Outsourcing (HRO) Market Size by Type (2014-2019)
- 4.2 Global Human Resource Outsourcing (HRO) Market Size by Application (2014-2019)
5 United States
- 5.1 United States Human Resource Outsourcing (HRO) Market Size (2014-2019)
- 5.2 Human Resource Outsourcing (HRO) Key Players in United States
- 5.3 United States Human Resource Outsourcing (HRO) Market Size by Type
- 5.4 United States Human Resource Outsourcing (HRO) Market Size by Application
6 Europe
- 6.1 Europe Human Resource Outsourcing (HRO) Market Size (2014-2019)
- 6.2 Human Resource Outsourcing (HRO) Key Players in Europe
- 6.3 Europe Human Resource Outsourcing (HRO) Market Size by Type
- 6.4 Europe Human Resource Outsourcing (HRO) Market Size by Application
7 China
- 7.1 China Human Resource Outsourcing (HRO) Market Size (2014-2019)
- 7.2 Human Resource Outsourcing (HRO) Key Players in China
- 7.3 China Human Resource Outsourcing (HRO) Market Size by Type
- 7.4 China Human Resource Outsourcing (HRO) Market Size by Application
8 Japan
- 8.1 Japan Human Resource Outsourcing (HRO) Market Size (2014-2019)
- 8.2 Human Resource Outsourcing (HRO) Key Players in Japan
- 8.3 Japan Human Resource Outsourcing (HRO) Market Size by Type
- 8.4 Japan Human Resource Outsourcing (HRO) Market Size by Application
9 Southeast Asia
- 9.1 Southeast Asia Human Resource Outsourcing (HRO) Market Size (2014-2019)
- 9.2 Human Resource Outsourcing (HRO) Key Players in Southeast Asia
- 9.3 Southeast Asia Human Resource Outsourcing (HRO) Market Size by Type
- 9.4 Southeast Asia Human Resource Outsourcing (HRO) Market Size by Application
10 India
- 10.1 India Human Resource Outsourcing (HRO) Market Size (2014-2019)
- 10.2 Human Resource Outsourcing (HRO) Key Players in India
- 10.3 India Human Resource Outsourcing (HRO) Market Size by Type
- 10.4 India Human Resource Outsourcing (HRO) Market Size by Application
11 Central & South America
- 11.1 Central & South America Human Resource Outsourcing (HRO) Market Size (2014-2019)
- 11.2 Human Resource Outsourcing (HRO) Key Players in Central & South America
- 11.3 Central & South America Human Resource Outsourcing (HRO) Market Size by Type
- 11.4 Central & South America Human Resource Outsourcing (HRO) Market Size by Application
12 International Players Profiles
- 12.1 Accenture Plc (Ireland)
- 12.1.1 Accenture Plc (Ireland) Company Details
- 12.1.2 Company Description and Business Overview
- 12.1.3 Human Resource Outsourcing (HRO) Introduction
- 12.1.4 Accenture Plc (Ireland) Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.1.5 Accenture Plc (Ireland) Recent Development
- 12.2 Adecco S.A. (Switzerland)
- 12.2.1 Adecco S.A. (Switzerland) Company Details
- 12.2.2 Company Description and Business Overview
- 12.2.3 Human Resource Outsourcing (HRO) Introduction
- 12.2.4 Adecco S.A. (Switzerland) Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.2.5 Adecco S.A. (Switzerland) Recent Development
- 12.3 Aon Hewitt LLC (USA)
- 12.3.1 Aon Hewitt LLC (USA) Company Details
- 12.3.2 Company Description and Business Overview
- 12.3.3 Human Resource Outsourcing (HRO) Introduction
- 12.3.4 Aon Hewitt LLC (USA) Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.3.5 Aon Hewitt LLC (USA) Recent Development
- 12.4 Automatic Data Processing, Inc. (USA)
- 12.4.1 Automatic Data Processing, Inc. (USA) Company Details
- 12.4.2 Company Description and Business Overview
- 12.4.3 Human Resource Outsourcing (HRO) Introduction
- 12.4.4 Automatic Data Processing, Inc. (USA) Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.4.5 Automatic Data Processing, Inc. (USA) Recent Development
- 12.5 Capita HR Solutions (UK)
- 12.5.1 Capita HR Solutions (UK) Company Details
- 12.5.2 Company Description and Business Overview
- 12.5.3 Human Resource Outsourcing (HRO) Introduction
- 12.5.4 Capita HR Solutions (UK) Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.5.5 Capita HR Solutions (UK) Recent Development
- 12.6 Cielo, Inc.
- 12.6.1 Cielo, Inc. Company Details
- 12.6.2 Company Description and Business Overview
- 12.6.3 Human Resource Outsourcing (HRO) Introduction
- 12.6.4 Cielo, Inc. Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.6.5 Cielo, Inc. Recent Development
- 12.7 Ceridian HCM, Inc. (USA)
- 12.7.1 Ceridian HCM, Inc. (USA) Company Details
- 12.7.2 Company Description and Business Overview
- 12.7.3 Human Resource Outsourcing (HRO) Introduction
- 12.7.4 Ceridian HCM, Inc. (USA) Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.7.5 Ceridian HCM, Inc. (USA) Recent Development
- 12.8 CGI Group Inc. (Canada)
- 12.8.1 CGI Group Inc. (Canada) Company Details
- 12.8.2 Company Description and Business Overview
- 12.8.3 Human Resource Outsourcing (HRO) Introduction
- 12.8.4 CGI Group Inc. (Canada) Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.8.5 CGI Group Inc. (Canada) Recent Development
- 12.9 Empower Software Solutions, Inc. (USA)
- 12.9.1 Empower Software Solutions, Inc. (USA) Company Details
- 12.9.2 Company Description and Business Overview
- 12.9.3 Human Resource Outsourcing (HRO) Introduction
- 12.9.4 Empower Software Solutions, Inc. (USA) Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.9.5 Empower Software Solutions, Inc. (USA) Recent Development
- 12.10 Fidelity Management and Research LLC (USA)
- 12.10.1 Fidelity Management and Research LLC (USA) Company Details
- 12.10.2 Company Description and Business Overview
- 12.10.3 Human Resource Outsourcing (HRO) Introduction
- 12.10.4 Fidelity Management and Research LLC (USA) Revenue in Human Resource Outsourcing (HRO) Business (2014-2019)
- 12.10.5 Fidelity Management and Research LLC (USA) Recent Development
- 12.11 General Outsourcing Co, Ltd. (Thailand)
- 12.12 Genesys (USA)
- 12.13 Hewlett-Packard Company (USA)
- 12.14 Infosys BPO Ltd. (India)
- 12.15 International Business Machines Corporation (USA)
- 12.16 Intuit, Inc. (USA)
- 12.17 Mercer, LLC (UK)
- 12.18 NGA Human Resources (UK)
- 12.19 Paychex, Inc. (USA)
- 12.20 Randstad Holding NV (The Netherlands)
- 12.21 Talx Corporation (USA)
- 12.22 Talent2 International Ltd. (Australia)
- 12.23 TriCore, Inc. (USA)
- 12.24 Ultimate Software Group, Inc. (USA)
- 12.25 Xerox Corporation (USA)
13 Market Forecast 2019-2025
- 13.1 Market Size Forecast by Regions
- 13.2 United States
- 13.3 Europe
- 13.4 China
- 13.5 Japan
- 13.6 Southeast Asia
- 13.7 India
- 13.8 Central & South America
- 13.9 Market Size Forecast by Product (2019-2025)
- 13.10 Market Size Forecast by Application (2019-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.1.1 Research Programs/Design
- 15.1.1.2 Market Size Estimation
- 12.1.1.3 Market Breakdown and Data Triangulation
- 15.1.2 Data Source
- 15.1.2.1 Secondary Sources
- 15.1.2.2 Primary Sources
- 15.1.1 Methodology/Research Approach
- 15.2 Disclaimer
Summary:
Get latest Market Research Reports on Human Resource Outsourcing (HRO). Industry analysis & Market Report on Human Resource Outsourcing (HRO) is a syndicated market report, published as Global Human Resource Outsourcing (HRO) Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Human Resource Outsourcing (HRO) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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