LONDON--(BUSINESS WIRE)--The global recruitment industry market is poised to experience spend growth of more than USD 170 billion between 2019-2024 at a CAGR of over 5%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic.
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SpendEdge's reports now include an in-depth complimentary analysis of the COVID-19 impact on procurement and the latest market data to help your company overcome sourcing challenges. Our recruitment industry market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation. This increase in spend in the recruitment industry will be attributed primarily to the rise in demand for temporary staffing services and growth in the global economy coupled with the need to reduce operational expenses by buyers. Buyers are increasingly looking to reduce operational expenses by outsourcing support functions, such as recruitment services, to third-party agencies. This is rapidly driving the demand in the recruitment industry.
Report scope snapshot: Recruitment industry Market
- Regional spend dynamics
Regional influence on global spend
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- Market favorability index for suppliers
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- Category hierarchy
- Category scope
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