Contingent Workforce Management Market Size– By Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Contingent Workforce Management Market Introduction and Overview
According to SPER market research, ‘Contingent Workforce Management Market Size- By Type, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Contingent Workforce Management Market is predicted to reach 570.39 billion by 2033 with a CAGR of 10.73%.
The term “contingent workforce management” describes the tactical methods and strategic strategy used by businesses to efficiently manage and maximize their non-permanent or contingent personnel. Freelancers, independent contractors, temporary employees, consultants, and other non-permanent workers who are employed on a project basis or for a certain amount of time comprise this sector of the labor force. Recruitment, onboarding, task assignment, performance monitoring, adherence to labor rules and regulations, and payment processing are just a few of the many operations that make up contingent workforce management.
The COVID-19 pandemic has caused a great deal of concern, which has resulted in significant financial losses and the suspension of operations for many businesses worldwide. The decline in the IT sector and employee health concerns have ultimately led to a reduction in the need for contingent workforce management. This has impacted the expansion of practically every industry and caused an economic slowdown in a number of nations.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By End User
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies CoveredAvature, Beeline, Coupa Software Inc., cxc global, IMPARTX, PRO Unlimited Inc., Ramco Systems Ltd, SAP SE, the bowen group, Zeel Solutions Ltd., and others.
Global Contingent Workforce Management Market Segmentation:By Type:Based on the Type, Global Contingent Workforce Management Market is segmented as; Permanent StaffingFlexible Staffing.
By Application:Based on the Application, Global Contingent Workforce Management Market is segmented as; BFSI, Business/Professional Service, Government (Excluding Education), Healthcare, IT and Telecom, Manufacturing- Automotive, Manufacturing- Consumer Products, Manufacturing-Others, Others, Pharma/biotech/medical equip, Real Estate and rental leasing, Retail trade, Transportation/warehousing/packaging.