Staffing Agency Software Market Size to Surpass USD 1058.9 Million by 2030, exhibiting a CAGR of 10.4%

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As per the report by Fortune Business Insights, the global staffing agency software market size is projected to reach USD 1058.9 million in 2030, at a CAGR of 10.4% during the forecast period, 2023-2030

Pune, India, June 28, 2023 (GLOBE NEWSWIRE) — According to Fortune Business Insights, global staffing agency software market size was valued at USD 486.1 million in 2022 and is projected to grow from USD 529.4 million in 2023 to USD 1058.9 million by 2030, exhibiting a CAGR of 10.4% during the forecast period. Soaring Deployment in Various Industries to Propel the Demand for Cloud-based Solutions. Fortune Business Insights presents this information in their report titled “Global Staffing Agency Software Market Forecast, 2023–2030.”

The expansion is propelled by growing digitization and surging technological developments in emerging countries. Additional driver impelling industry growth is the rising product demand from small and medium-sized enterprises.

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Key Industry Development:

April 2023 – Avionte announced the rollout of Avionte 24/7 JOB BOARD. The solution enabled staffing agencies to transform their 24/7 custom-branded Mobile Talent solution into a powerful recruiting tool.

Key Takeaways

  • Staffing agency software market size in North America was USD 213.3 Million in 2022
  • Cloud Segment to Exhibit Notable Surge Owing to Rising Application in Various Sectors
  • Small and Medium-sized Enterprises Segment to Showcase the Highest CAGR Impelled by Soaring Adoption
  • IT & Telecommunications Segment to Grow at Higher CAGR Propelled by its Fast-paced Nature


Discover the Leading Players Featured in the Report:

“Companies leading the global staffing agency software market are 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)”


Report Scope & Segmentation

Report Coverage Details
Forecast Period 2023 to 2030
Forecast Period 2023 to 2030 CAGR 10.4%
2030 Value Projection USD 1058.9 Million
Base Year 2022
Staffing Agency Software Market Size in 2022 USD 486.1 Million
Historical Data for 2019 to 2021
No. of Pages 130
Segments covered Deployment Model, Enterprise Type, End-user and Geography


Browse Complete Report Details: https://www.fortunebusinessinsights.com/staffing-agency-software-market-106745


Drivers and Restraints:

Surging Enhancement of Products with Unified Technologies to Propel Industry Expansion

The staffing agency software market growth is being propelled by the surging enhancement of existing solutions with unified technologies. The integration of technologies, such as AI, helps organizations in providing efficient, creative, and cost-effective solutions.

However, the market expansion may be hampered by the technical limitations associated with staffing agency solutions.

Segmentation:

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
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America


Regional Insights:

North America to Emerge Prominent Owing to Growing Penetration of Advanced Technologies

The North America staffing agency software market share is estimated to dominate the global market, expanding at a remarkable rate over the study period. The surge is on account of the high penetration of advanced technologies such as AI, cloud, and others.

The Asia Pacific market value is anticipated to rise at the highest CAGR over the forecast period. The growth is driven by the large presence of industry players.

Quick Buy – Staffing Agency Software Market Research Report:

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Competitive Landscape:

Major Companies Ink Collaborative Deals to Strengthen Industry Foothold

Key industry participants are formulating and adopting an array of strategic steps for strengthening their positions in the market. Some of these initiatives include partnerships, merger agreements, collaborations, and the launch of new products. Additional steps comprise an escalation in the formation of alliances and increase in R&D activities.

FAQs

How big is the staffing agency software market?

The staffing agency software market size was USD 486.1 million in 2022. It is expected to reach USD 1058.9 million by 2030.

How fast is the staffing agency software market growing?

The staffing agency software market will exhibit a CAGR of 10.4% during the forecast period, 2023-2030.

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About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.

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Email: [email protected]

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