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COVID-19 Outbreak-Global Human Resource Outsourcing (HRO) Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020

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Published on 01/28/2021| Code: MAR41115D| Category: Utilities| Total Pages: 120

Human Resources Outsourcing (HRO) is one of the major sectors in the Business Process Outsourcing (BPO) domain. Companies lacking the financial, human and technological resources to handle critical functions of the human resource (HR) management generally opt for HR outsourcing services. As HR department plays a vital role in the overall satisfaction of the employees in any company, HRO has been increasingly gaining importance. By outsourcing common HR functions such as learning management, recruiting, compensation planning, performance management and succession planning, companies benefit in terms of cost savings as well as performance improvements. Companies with less employee strength are also willing to focus on outsourcing their human resource functions, as service providers are creating appropriate outsourcing models that suit the organization, providing employee productivity benefits.

The Human Resource Outsourcing (HRO) market revenue was xx.xx Million USD in 2019, and will reach xx.xx Million USD in 2025, with a CAGR of x.x% during 2020-2025.

Under COVID-19 outbreak globally, this report provides 360 degrees of analysis from supply chain, import and export control to regional government policy and future influence on the industry. Detailed analysis about market status (2015-2020), enterprise competition pattern, advantages and disadvantages of enterprise products, industry development trends (2020-2025), regional industrial layout characteristics and macroeconomic policies, industrial policy has also been included. From raw materials to end users of this industry are analyzed scientifically, the trends of product circulation and sales channel will be presented as well. Considering COVID-19, this report provides comprehensive and in-depth analysis on how the epidemic push this industry transformation and reform.

In COVID-19 outbreak, Chapter 2.2 of this report provides an analysis of the impact of COVID-19 on the global economy and the Human Resource Outsourcing (HRO) industry.

Chapter 3.7 covers the analysis of the impact of COVID-19 from the perspective of the industry chain.

In addition, chapters 7-11 consider the impact of COVID-19 on the regional economy.

The Human Resource Outsourcing (HRO) market can be split based on product types, major applications, and important countries as follows:

Key players in the global Human Resource Outsourcing (HRO) market covered in Chapter 12:

NGA Human Resources
Paychex, Inc.
International Business Machines Corporation
ADP LLC
Infosys BPM Ltd.
Equifax, Inc.
Adecco Group AG
Ultimate Software Group, Inc.
Cielo, Inc.
Ceridian HCM, Inc.
Mercer, LLC
Accenture PLC
General Outsourcing Co. Ltd.
Intuit, Inc.
CGI Group, Inc.
Randstad Holding NV
Aon Hewitt
Kronos, Inc.

In Chapter 4 and 14.1, on the basis of types, the Human Resource Outsourcing (HRO) market from 2015 to 2025 is primarily split into:

Payroll Outsourcing
Benefits Administration Outsourcing
Multiprocess Human Resource Outsourcing
Recruitment Process Outsourcing
Learning Services Outsourcing
Others

In Chapter 5 and 14.2, on the basis of applications, the Human Resource Outsourcing (HRO) market from 2015 to 2025 covers:

BFSI
Healthcare
IT
Hospitality
Retail
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:

North America (Covered in Chapter 7 and 14)

United States

Canada

Mexico

Europe (Covered in Chapter 8 and 14)

Germany

UK

France

Italy

Spain

Russia

Others

Asia-Pacific (Covered in Chapter 9 and 14)

China

Japan

South Korea

Australia

India

Southeast Asia

Others

Middle East and Africa (Covered in Chapter 10 and 14)

Saudi Arabia

UAE

Egypt

Nigeria

South Africa

Others

South America (Covered in Chapter 11 and 14)

Brazil

Argentina

Columbia

Chile

Others

Years considered for this report:

Historical Years: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2020-2025

Table of Content

1 Human Resource Outsourcing (HRO) Introduction and Market Overview

1.1 Objectives of the Study

1.2 Overview of Human Resource Outsourcing (HRO)

1.3 Scope of The Study

1.3.1 Key Market Segments

1.3.2 Players Covered

1.3.3 COVID-19's impact on the Human Resource Outsourcing (HRO) industry

1.4 Methodology of The Study

1.5 Research Data Source

2 Executive Summary

2.1 Market Overview

2.1.1 Global Human Resource Outsourcing (HRO) Market Size, 2015 – 2020

2.1.2 Global Human Resource Outsourcing (HRO) Market Size by Type, 2015 – 2020

2.1.3 Global Human Resource Outsourcing (HRO) Market Size by Application, 2015 – 2020

2.1.4 Global Human Resource Outsourcing (HRO) Market Size by Region, 2015 - 2025

2.2 Business Environment Analysis

2.2.1 Global COVID-19 Status and Economic Overview

2.2.2 Influence of COVID-19 Outbreak on Human Resource Outsourcing (HRO) Industry Development

3 Industry Chain Analysis

3.1 Upstream Raw Material Suppliers of Human Resource Outsourcing (HRO) Analysis

3.2 Major Players of Human Resource Outsourcing (HRO)

3.3 Human Resource Outsourcing (HRO) Manufacturing Cost Structure Analysis

3.3.1 Production Process Analysis

3.3.2 Manufacturing Cost Structure of Human Resource Outsourcing (HRO)

3.3.3 Labor Cost of Human Resource Outsourcing (HRO)

3.4 Market Distributors of Human Resource Outsourcing (HRO)

3.5 Major Downstream Buyers of Human Resource Outsourcing (HRO) Analysis

3.6 The Impact of Covid-19 From the Perspective of Industry Chain

3.7 Regional Import and Export Controls Will Exist for a Long Time

3.8 Continued downward PMI Spreads Globally

4 Global Human Resource Outsourcing (HRO) Market, by Type

4.1 Global Human Resource Outsourcing (HRO) Value and Market Share by Type (2015-2020)

4.2 Global Human Resource Outsourcing (HRO) Production and Market Share by Type (2015-2020)

4.3 Global Human Resource Outsourcing (HRO) Value and Growth Rate by Type (2015-2020)

4.3.1 Global Human Resource Outsourcing (HRO) Value and Growth Rate of Payroll Outsourcing
4.3.2 Global Human Resource Outsourcing (HRO) Value and Growth Rate of Benefits Administration Outsourcing
4.3.3 Global Human Resource Outsourcing (HRO) Value and Growth Rate of Multiprocess Human Resource Outsourcing
4.3.4 Global Human Resource Outsourcing (HRO) Value and Growth Rate of Recruitment Process Outsourcing
4.3.5 Global Human Resource Outsourcing (HRO) Value and Growth Rate of Learning Services Outsourcing
4.3.6 Global Human Resource Outsourcing (HRO) Value and Growth Rate of Others
4.4 Global Human Resource Outsourcing (HRO) Price Analysis by Type (2015-2020)

5 Human Resource Outsourcing (HRO) Market, by Application

5.1 Downstream Market Overview

5.2 Global Human Resource Outsourcing (HRO) Consumption and Market Share by Application (2015-2020)

5.3 Global Human Resource Outsourcing (HRO) Consumption and Growth Rate by Application (2015-2020)

5.3.1 Global Human Resource Outsourcing (HRO) Consumption and Growth Rate of BFSI (2015-2020)
5.3.2 Global Human Resource Outsourcing (HRO) Consumption and Growth Rate of Healthcare (2015-2020)
5.3.3 Global Human Resource Outsourcing (HRO) Consumption and Growth Rate of IT (2015-2020)
5.3.4 Global Human Resource Outsourcing (HRO) Consumption and Growth Rate of Hospitality (2015-2020)
5.3.5 Global Human Resource Outsourcing (HRO) Consumption and Growth Rate of Retail (2015-2020)
5.3.6 Global Human Resource Outsourcing (HRO) Consumption and Growth Rate of Other (2015-2020)

6 Global Human Resource Outsourcing (HRO) Market Analysis by Regions

6.1 Global Human Resource Outsourcing (HRO) Sales, Revenue and Market Share by Regions

6.1.1 Global Human Resource Outsourcing (HRO) Sales by Regions (2015-2020)

6.1.2 Global Human Resource Outsourcing (HRO) Revenue by Regions (2015-2020)

6.2 North America Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

6.3 Europe Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

6.4 Asia-Pacific Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

6.5 Middle East and Africa Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

6.6 South America Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

7 North America Human Resource Outsourcing (HRO) Market Analysis by Countries

7.1 The Influence of COVID-19 on North America Market

7.2 North America Human Resource Outsourcing (HRO) Sales, Revenue and Market Share by Countries

7.2.1 North America Human Resource Outsourcing (HRO) Sales by Countries (2015-2020)

7.2.2 North America Human Resource Outsourcing (HRO) Revenue by Countries (2015-2020)

7.3 United States Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

7.4 Canada Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

7.5 Mexico Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

8 Europe Human Resource Outsourcing (HRO) Market Analysis by Countries

8.1 The Influence of COVID-19 on Europe Market

8.2 Europe Human Resource Outsourcing (HRO) Sales, Revenue and Market Share by Countries

8.2.1 Europe Human Resource Outsourcing (HRO) Sales by Countries (2015-2020)

8.2.2 Europe Human Resource Outsourcing (HRO) Revenue by Countries (2015-2020)

8.3 Germany Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

8.4 UK Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

8.5 France Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

8.6 Italy Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

8.7 Spain Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

8.8 Russia Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

9 Asia Pacific Human Resource Outsourcing (HRO) Market Analysis by Countries

9.1 The Influence of COVID-19 on Asia Pacific Market

9.2 Asia Pacific Human Resource Outsourcing (HRO) Sales, Revenue and Market Share by Countries

9.2.1 Asia Pacific Human Resource Outsourcing (HRO) Sales by Countries (2015-2020)

9.2.2 Asia Pacific Human Resource Outsourcing (HRO) Revenue by Countries (2015-2020)

9.3 China Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

9.4 Japan Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

9.5 South Korea Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

9.6 India Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

9.7 Southeast Asia Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

9.8 Australia Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

10 Middle East and Africa Human Resource Outsourcing (HRO) Market Analysis by Countries

10.1 The Influence of COVID-19 on Middle East and Africa Market

10.2 Middle East and Africa Human Resource Outsourcing (HRO) Sales, Revenue and Market Share by Countries

10.2.1 Middle East and Africa Human Resource Outsourcing (HRO) Sales by Countries (2015-2020)

10.2.2 Middle East and Africa Human Resource Outsourcing (HRO) Revenue by Countries (2015-2020)

10.3 Saudi Arabia Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

10.4 UAE Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

10.5 Egypt Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

10.6 Nigeria Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

10.7 South Africa Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

11 South America Human Resource Outsourcing (HRO) Market Analysis by Countries

11.1 The Influence of COVID-19 on Middle East and Africa Market

11.2 South America Human Resource Outsourcing (HRO) Sales, Revenue and Market Share by Countries

11.2.1 South America Human Resource Outsourcing (HRO) Sales by Countries (2015-2020)

11.2.2 South America Human Resource Outsourcing (HRO) Revenue by Countries (2015-2020)

11.3 Brazil Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

11.4 Argentina Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

11.5 Columbia Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

11.6 Chile Human Resource Outsourcing (HRO) Sales and Growth Rate (2015-2020)

12 Competitive Landscape

12.1 NGA Human Resources
12.1.1 NGA Human Resources Basic Information
12.1.2 Human Resource Outsourcing (HRO) Product Introduction
12.1.3 NGA Human Resources Production, Value, Price, Gross Margin 2015-2020
12.2 Paychex, Inc.
12.2.1 Paychex, Inc. Basic Information
12.2.2 Human Resource Outsourcing (HRO) Product Introduction
12.2.3 Paychex, Inc. Production, Value, Price, Gross Margin 2015-2020
12.3 International Business Machines Corporation
12.3.1 International Business Machines Corporation Basic Information
12.3.2 Human Resource Outsourcing (HRO) Product Introduction
12.3.3 International Business Machines Corporation Production, Value, Price, Gross Margin 2015-2020
12.4 ADP LLC
12.4.1 ADP LLC Basic Information
12.4.2 Human Resource Outsourcing (HRO) Product Introduction
12.4.3 ADP LLC Production, Value, Price, Gross Margin 2015-2020
12.5 Infosys BPM Ltd.
12.5.1 Infosys BPM Ltd. Basic Information
12.5.2 Human Resource Outsourcing (HRO) Product Introduction
12.5.3 Infosys BPM Ltd. Production, Value, Price, Gross Margin 2015-2020
12.6 Equifax, Inc.
12.6.1 Equifax, Inc. Basic Information
12.6.2 Human Resource Outsourcing (HRO) Product Introduction
12.6.3 Equifax, Inc. Production, Value, Price, Gross Margin 2015-2020
12.7 Adecco Group AG
12.7.1 Adecco Group AG Basic Information
12.7.2 Human Resource Outsourcing (HRO) Product Introduction
12.7.3 Adecco Group AG Production, Value, Price, Gross Margin 2015-2020
12.8 Ultimate Software Group, Inc.
12.8.1 Ultimate Software Group, Inc. Basic Information
12.8.2 Human Resource Outsourcing (HRO) Product Introduction
12.8.3 Ultimate Software Group, Inc. Production, Value, Price, Gross Margin 2015-2020
12.9 Cielo, Inc.
12.9.1 Cielo, Inc. Basic Information
12.9.2 Human Resource Outsourcing (HRO) Product Introduction
12.9.3 Cielo, Inc. Production, Value, Price, Gross Margin 2015-2020
12.10 Ceridian HCM, Inc.
12.10.1 Ceridian HCM, Inc. Basic Information
12.10.2 Human Resource Outsourcing (HRO) Product Introduction
12.10.3 Ceridian HCM, Inc. Production, Value, Price, Gross Margin 2015-2020
12.11 Mercer, LLC
12.11.1 Mercer, LLC Basic Information
12.11.2 Human Resource Outsourcing (HRO) Product Introduction
12.11.3 Mercer, LLC Production, Value, Price, Gross Margin 2015-2020
12.12 Accenture PLC
12.12.1 Accenture PLC Basic Information
12.12.2 Human Resource Outsourcing (HRO) Product Introduction
12.12.3 Accenture PLC Production, Value, Price, Gross Margin 2015-2020
12.13 General Outsourcing Co. Ltd.
12.13.1 General Outsourcing Co. Ltd. Basic Information
12.13.2 Human Resource Outsourcing (HRO) Product Introduction
12.13.3 General Outsourcing Co. Ltd. Production, Value, Price, Gross Margin 2015-2020
12.14 Intuit, Inc.
12.14.1 Intuit, Inc. Basic Information
12.14.2 Human Resource Outsourcing (HRO) Product Introduction
12.14.3 Intuit, Inc. Production, Value, Price, Gross Margin 2015-2020
12.15 CGI Group, Inc.
12.15.1 CGI Group, Inc. Basic Information
12.15.2 Human Resource Outsourcing (HRO) Product Introduction
12.15.3 CGI Group, Inc. Production, Value, Price, Gross Margin 2015-2020
12.16 Randstad Holding NV
12.16.1 Randstad Holding NV Basic Information
12.16.2 Human Resource Outsourcing (HRO) Product Introduction
12.16.3 Randstad Holding NV Production, Value, Price, Gross Margin 2015-2020
12.17 Aon Hewitt
12.17.1 Aon Hewitt Basic Information
12.17.2 Human Resource Outsourcing (HRO) Product Introduction
12.17.3 Aon Hewitt Production, Value, Price, Gross Margin 2015-2020
12.18 Kronos, Inc.
12.18.1 Kronos, Inc. Basic Information
12.18.2 Human Resource Outsourcing (HRO) Product Introduction
12.18.3 Kronos, Inc. Production, Value, Price, Gross Margin 2015-2020

13 Industry Outlook

13.1 Market Driver Analysis

13.1.2 Market Restraints Analysis

13.1.3 Market Trends Analysis

13.2 Merger, Acquisition and New Investment

13.3 News of Product Release

14 Global Human Resource Outsourcing (HRO) Market Forecast

14.1 Global Human Resource Outsourcing (HRO) Market Value & Volume Forecast, by Type (2020-2025)

14.1.1 Payroll Outsourcing Market Value and Volume Forecast (2020-2025)
14.1.2 Benefits Administration Outsourcing Market Value and Volume Forecast (2020-2025)
14.1.3 Multiprocess Human Resource Outsourcing Market Value and Volume Forecast (2020-2025)
14.1.4 Recruitment Process Outsourcing Market Value and Volume Forecast (2020-2025)
14.1.5 Learning Services Outsourcing Market Value and Volume Forecast (2020-2025)
14.1.6 Others Market Value and Volume Forecast (2020-2025)
14.2 Global Human Resource Outsourcing (HRO) Market Value & Volume Forecast, by Application (2020-2025)

14.2.1 BFSI Market Value and Volume Forecast (2020-2025)
14.2.2 Healthcare Market Value and Volume Forecast (2020-2025)
14.2.3 IT Market Value and Volume Forecast (2020-2025)
14.2.4 Hospitality Market Value and Volume Forecast (2020-2025)
14.2.5 Retail Market Value and Volume Forecast (2020-2025)
14.2.6 Other Market Value and Volume Forecast (2020-2025)
14.3 Human Resource Outsourcing (HRO) Market Analysis and Forecast by Region

14.3.1 North America Market Value and Consumption Forecast (2020-2025)

14.3.2 Europe Market Value and Consumption Forecast (2020-2025)

14.3.3 Asia Pacific Market Value and Consumption Forecast (2020-2025)

14.3.4 Middle East and Africa Market Value and Consumption Forecast (2020-2025)

14.3.5 South America Market Value and Consumption Forecast (2020-2025)

15 New Project Feasibility Analysis

15.1 Industry Barriers and New Entrants SWOT Analysis

15.1.1 Porter’s Five Forces Analysis

15.1.2 New Entrants SWOT Analysis

15.2 Analysis and Suggestions on New Project Investment

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