The Temporary Labor Market offers a comprehensive market analysis, including important indicators like size, revenue, and volume. It also provides valuable information on current growth drivers, development data, cost structure, and other relevant statistical details about the industry. The main objective of this report is to provide a clear understanding of the current market scenario, incorporating expert opinions and examining verifiable financial and managerial factors. Furthermore, it offers in-depth insights and forecasts potential future growth prospects within the market.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the temporary labor market include Adecco, Allegis Group, Express Services, Inc., Hays plc, Kelly Services, Inc., ManpowerGroup Inc., Persol Holdings Co. Ltd., Randstad N.V., Robert Half International Inc. and Westaff. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
The increasing demand for temporary professionals in the IT industry is driving market growth. Also, the benefits of less hiring cost, as well as savings on employee benefits and training cost, are further fuelling the market growth. Additionally, increasing demand from transportation and logistics is again accelerating market growth. On the other hand, increasing replacement of temporary labor by robotics and artificial intelligence may hamper market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of temporary labor.
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Market Segmentation
The broad temporary labor market has been sub-grouped into type and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
· Unskilled
· Clerical
· Management
· Skilled
· Professional
By End-Use
· Healthcare
· Manufacturing
· BFSI
· FMCG & retail
· IT
· Construction
· Logistics & Telecom
Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for temporary labor in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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