Staffing Agency Software Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Staffing Agency Software Market
The Staffing Agency Software Market size was valued at USD 486.1 million in 2022 , and the market is now projected to grow from USD 529.4 million in 2023 to USD 1,058.9 million by 2030, exhibiting a CAGR of 43.88% during the forecast period of 2024-2032.
The COVID-19 impact to various business was a tragic turn and a dreadful challenge, and the growing work from home need was one of those challenge for Staffing Agency Software Market Growth. The shift towards remote work had a huge impact on recruitment agencies and according to the report of Global Recruitment Insights and Data (2022), every 2 out of 5 agencies reported revenue losses in 2020, as the staffing agency market demand was declining. To overcome this challenge, agencies were playing smart with market need and started virtual recruitment practices to ensure business continuity. With more surveys about the time of pandemic highlighted that the agencies were investing more in AI powered platforms for candidate sourcing, application tracking, and resume harvesting, such as Skillate’s AI recruiting platform, enhanced the speed of hiring process and candidate experiences, this adoption is resulted to be really fruitful for the market.
The staffing software market goal is to provide innovative, efficient, and cost-effective work and project solutions, for instance Oracle Fusion Cloud Human Capital Management and Oracle Fusion Cloud ERP helping the recruiting agencies in the management of talent, workforce, payroll, finance, and procurement, and these advanced tools are identifying the key factors of profitability, with enhanced capital utilisation, and control costs, eventually expanding the market reach and Staffing Agency Software Market Share. In December 2021, the integration between, Oorwin, an AI-powered platform, and Naukri.com job board was allowing recruiters to post opening for various position directly from Oorwin. With this powerful integration recruiters are able to simplifying and accelerating the hiring process, with easy job posting and extracting resumes from Naukri.
With its scalable power, Software as a Service (SaaS) and cloud-based software is gaining all the attention and offering enterprises of all sizes, extreme flexible options and multiple opportunities. With this approach enterprises are able to access to any service, anytime and anywhere, and the minimum requirement is internet connection and a electronic device. SaaS solution are taking care of multiple factors such as immediate upgrades, providing staff the latest technology for higher performance and productivity, keeping the players in good and healthy competition, with greater security. For instance, AkkenCloud offers a comprehensive cloud-based system which is offering a real-time access to information, from all around the global, enhancing communication and control with strong and strict security.
Comprehensive Analysis of Staffing Agency Software Market
The Staffing Agency Software Market and Information & Communication Technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the technological benefit management industry. These segmentations are methodically segregated By Deployment Model Analysis, By Enterprise type analysis, and By End-user Analysis. The types of deployment model include, Cloud, On-premise; by enterprise type include, Large Enterprises, Small and Medium-sized Enterprises; and by end-user analysis include, BFSI, Retail & Consumer Goods, IT & Telecommunications, Healthcare, & Others (Manufacturing and Education).
North America is sitting in dominated position due higher adoption of advanced technologies such as cloud and AI. The cloud-based solutions are easily deployable and adaptable and it enhanced processing capabilities and provide easily access, not only large enterprises but SMEs are also adopting this, which is driving the region’s market growth.Region’s giant such as Bullhorn, Zoho Corporation Pvt. Ltd., Avionte, and CEIPAL Corp, are focusing on acquisitions and product launches, also driving the market growth.
The top players in the market play a crucial role in the Information & Communication Technology industry assuring industrial prospectus growth and setting market standards. These players include,Zoho Corporation Pvt. Ltd. (India), Ramco Systems Ltd (India), Bullhorn, Inc (U.S.), Avionté (India), CEIPAL Corp (U.S.), Main Sequence Technology, Inc. (U.S.), Vincere (U.K.), AkkenCloud (U.S.), JobDiva (U.S.), JobAdder (Australia), these market players provide a level-playing competitive landscape.
November 2022 –AkkenCloud and Hubspot, opted to go with an integration, to eliminate similar records and incomplete data. With this integration these players are streamlining their customer relations management system, improving applicant tracking system and marketing platform as well.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2019-2021
Growth Rate CAGR of 10.4% from 2023 to 2030
Unit Value (USD Million)
Segmentation By Deployment Model, Enterprise Type, End-user, and Region
By Deployment Model Cloud
On-premise
By Enterprise Type Large Enterprises
Small and Medium-sized Enterprises
By End-User BFSI
Retail & Consumer Goods
IT & Telecommunications
Healthcare
Others (Manufacturing and Education)
By Region North America (By Deployment Model, By Enterprise Type, By End-user, and By Country)
- U.S. (By End-user)
- Canada (By End-user)
- Mexico (By End-user)
Europe (By Deployment Model, By Enterprise Type, By End-user, and By Country)
- U.K. (By End-user)
- Germany (By End-user)
- France (By End-user)
- Italy (By End-user)
- Russia (By End-user)
- Nordics (By End-user)
- Rest of Europe
Asia Pacific (By Deployment Model, By Enterprise Type, By End-user, and By Country)
- China (By End-user)
- Japan (By End-user)
- India (By End-user)
- Southeast Asia (By End-user)
- ASEAN (By End-user)
- Oceania (By End-user)
- Rest of Asia Pacific
Middle East & Africa (By Deployment Model, By Enterprise Type, By End-user, and By Country)
- Turkey (By End-user)
- Israel (By End-user)
- GCC (By End-user)
- South Africa (By End-user)
- North Africa (By End-user)
- Rest of the Middle East & Africa
South America (By Deployment Model, By Enterprise Type, By End-user, and By Country)
- Brazil (By End-user)
- Argentina (By End-user)
- Rest of Latin America
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Staffing Agency Software Key Players Market Share/Ranking, 2022
- 5. Global Staffing Agency Software Market Size Estimates and Forecasts, By Segments, 2019-2030
- 5.1. Key Findings
- 5.2. By Deployment Model (USD)
- 5.2.1. Cloud
- 5.2.2. On-premise
- 5.3. By Enterprise Type (USD)
- 5.3.1. Small and Medium-sized Enterprises (SMEs)
- 5.3.2. Large Enterprises
- 5.4. By End-users (USD)
- 5.4.1. BFSI
- 5.4.2. Retail & Consumer Goods
- 5.4.3. IT & Telecommunications
- 5.4.4. Healthcare
- 5.4.5. Others (Manufacturing, Education, etc.)
- 5.5. By Region (USD)
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Middle East & Africa
- 5.5.5. South America
- 6. North America Staffing Agency Software Market Size Estimates and Forecasts, By Segments, 2019-2030
- 6.1. Key Findings
- 6.2. By Deployment Model (USD)
- 6.2.1. Cloud
- 6.2.2. On-premise
- 6.3. By Enterprise Type (USD)
- 6.3.1. Small and Medium-sized Enterprises (SMEs)
- 6.3.2. Large Enterprises
- 6.4. By End-users (USD)
- 6.4.1. BFSI
- 6.4.2. Retail & Consumer Goods
- 6.4.3. IT & Telecommunications
- 6.4.4. Healthcare
- 6.4.5. Others (Manufacturing, Education, etc.)
- 6.5. By Country (USD)
- 6.5.1. United States
- 6.5.1.1. By End-users
- 6.5.2. Canada
- 6.5.2.1. By End-users
- 6.5.3. Mexico
- 6.5.3.1. By End-users
- 7. Europe Staffing Agency Software Market Size Estimates and Forecasts, By Segments, 2019-2030
- 7.1. Key Findings
- 7.2. By Deployment Model (USD)
- 7.2.1. Cloud
- 7.2.2. On-premise
- 7.3. By Enterprise Type (USD)
- 7.3.1. Small and Medium-sized Enterprises (SMEs)
- 7.3.2. Large Enterprises
- 7.4. By End-users (USD)
- 7.4.1. BFSI
- 7.4.2. Retail & Consumer Goods
- 7.4.3. IT & Telecommunications
- 7.4.4. Healthcare
- 7.4.5. Others (Manufacturing, Education, etc.)
- 7.5. By Country (USD)
- 7.5.1. United Kingdom
- 7.5.1.1. By End-users
- 7.5.2. Germany
- 7.5.2.1. By End-users
- 7.5.3. France
- 7.5.3.1. By End-users
- 7.5.4. Italy
- 7.5.4.1. By End-users
- 7.5.5. Russia
- 7.5.5.1. By End-users
- 7.5.6. Nordics
- 7.5.6.1. By End-users
- 7.5.7. Rest of Europe
- 8. Asia Pacific Staffing Agency Software Market Size Estimates and Forecasts, By Segments, 2019-2030
- 8.1. Key Findings
- 8.2. By Deployment Model (USD)
- 8.2.1. Cloud
- 8.2.2. On-premise
- 8.3. By Enterprise Type (USD)
- 8.3.1. Small and Medium-sized Enterprises (SMEs)
- 8.3.2. Large Enterprises
- 8.4. By End-users (USD)
- 8.4.1. BFSI
- 8.4.2. Retail & Consumer Goods
- 8.4.3. IT & Telecommunications
- 8.4.4. Healthcare
- 8.4.5. Others (Manufacturing, Education, etc.)
- 8.5. By Country (USD)
- 8.5.1. China
- 8.5.1.1. By End-users
- 8.5.2. Japan
- 8.5.2.1. By End-users
- 8.5.3. India
- 8.5.3.1. By End-users
- 8.5.4. South Korea
- 8.5.4.1. By End-users
- 8.5.5. ASEAN
- 8.5.5.1. By End-users
- 8.5.6. Oceania
- 8.5.6.1. By End-users
- 8.5.7. Rest of Asia Pacific
- 9. Middle East & Africa Staffing Agency Software Market Size Estimates and Forecasts, By Segments, 2019-2030
- 9.1. Key Findings
- 9.2. By Deployment Model (USD)
- 9.2.1. Cloud
- 9.2.2. On-premise
- 9.3. By Enterprise Type (USD)
- 9.3.1. Small and Medium-sized Enterprises (SMEs)
- 9.3.2. Large Enterprises
- 9.4. By End-users (USD)
- 9.4.1. BFSI
- 9.4.2. Retail & Consumer Goods
- 9.4.3. IT & Telecommunications
- 9.4.4. Healthcare
- 9.4.5. Others (Manufacturing, Education, etc.)
- 9.5. By Country (USD)
- 9.5.1. Turkey
- 9.5.1.1. By End-users
- 9.5.2. Israel
- 9.5.2.1. By End-users
- 9.5.3. GCC
- 9.5.3.1. By End-users
- 9.5.4. South Africa
- 9.5.4.1. By End-users
- 9.5.5. North Africa
- 9.5.5.1. By End-users
- 9.5.6. Rest of Middle East & Africa
- 10. South America Staffing Agency Software Market Size Estimates and Forecasts, By Segments, 2019-2030
- 10.1. Key Findings
- 10.2. By Deployment Model (USD)
- 10.2.1. Cloud
- 10.2.2. On-premise
- 10.3. By Enterprise Type (USD)
- 10.3.1. Small and Medium-sized Enterprises (SMEs)
- 10.3.2. Large Enterprises
- 10.4. By End-users (USD)
- 10.4.1. BFSI
- 10.4.2. Retail & Consumer Goods
- 10.4.3. IT & Telecommunications
- 10.4.4. Healthcare
- 10.4.5. Others (Manufacturing, Education, etc.)
- 10.5. By Country (USD)
- 10.5.1. Brazil
- 10.5.1.1. By End-users
- 10.5.2. Argentina
- 10.5.2.1. By End-users
- 10.5.3. Rest of South America
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Zoho Corporation Pvt. Ltd.
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. Ramco Systems Ltd
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. Bullhorn, Inc
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Avionté
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. CEIPAL Corp
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. Main Sequence Technology, Inc.
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Vincere
- 11.7.1. Overview
- 11.7.1.1. Key Management
- 11.7.1.2. Headquarters
- 11.7.1.3. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. AkkenCloud
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. JobDiva
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. JobAdder
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
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