The Canada Recruitment Process Outsourcing Market is growing along with the Technology, Media and Telecommunications industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
The major benefits of recruitment process outsourcing (RPO) include their ability to facilitate requirement analysis and customized solutions (based on specific hiring demand) as well as to ensure cost benefits and time savings, which are driving the growth of market. The mounting popularity of recruitment process outsourcing solutions is mainly due to the growing demand for customizable talent acquisition solutions by employers. Employers nowadays are not only looking at simple hiring solutions, but they also want customized solutions based on specific hiring demands to provide best candidates.
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Market Overview and Dynamics
The Canada recruitment process outsourcing market is expected to reach US$ 2,948.4 Million by 2027 from US$ 336.1 Million in 2019; it is estimated to grow at a CAGR of 31.4% from 2020 to 2027. The trend of acquiring RPO is growing in Canada owing to the wide range of services offered by the service providers. The Canadian marketplace has great potential, attracting more number of RPO players.
These factors are expected to offer broad growth opportunities in the Technology, Media and Telecommunications industry and this is expected to cause the demand for Canada Recruitment Process Outsourcing Market in the market.
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CANADA RECRUITMENT PROCESS OUTSOURCING MARKET SEGMENTATION
- Technical Staff
- Sales & Marketing
- Office / Admin Support
- Oil & Gas
- Automatic Data Processing Inc.
- Bluebix Solutions Inc.
- Hays Specialist Recruitment (Canada) Inc.
- Hudson Global Inc.
- Manpower Group
- Randstad Sourceright
- Scout Talent
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