The employment services industry provides a variety of human resource services to businesses. These services include providing temporary workers to other businesses, helping employers locate suitable employees, and providing human resource services to clients.
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The global employment services market was valued at $786 billion in 2017, and is expected to be driven by the increased emphasis on cost cutting. North America was the largest geographic region in the market, accounting for 35% of the global market share. This is because of rapid urbanization and demand for personal and commercial services.
The employment services sector in the report is split into four segments: employment placement agencies, temporary help services, executive search services, and professional employer organizations.
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The USA was the largest country in the market, accounting for more than one-fifth of the global employment services market.
The top five competitors in the market are Adecco S A, Randstad Holding NV, Manpower Inc., HireRight LLC, and Sterling Talent Solution. Adecco S A is the largest player in the market. The Adecco Group, based in Zurich, Switzerland, is the largest temp staffing firm in the world.
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