Human Resource (HR) agencies offer a wide range of onsite and offsite HR services to businesses, including payroll services, benefit administration services, and HR consulting solutions. Typically, smaller businesses that may not have in-house HR departments outsource work to these agencies. Larger companies often utilize consulting solutions offered by HR agencies to improve productivity within their internal departments. The services offered by HR agencies vary. Larger firms can offer a wide range of services and serve as a complete outsourced HR department for businesses. Other firms are highly specialized and may only offer services in specific areas.
This report contains market size and forecasts of HR Services in Global, including the following market information:
Global HR Services Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global HR Services market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Onsite Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of HR Services include Winning by Design, BetterManager, Intuit, Zenefits, Lumity, Insperity, Discovery Education, SHRM and General Assembly and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the HR Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global HR Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global HR Services Market Segment Percentages, by Type, 2021 (%)
Onsite
Offsite
Global HR Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global HR Services Market Segment Percentages, by Application, 2021 (%)
Payroll Services,
Benefit Administration Services
HR Consulting Solutions
Global HR Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global HR Services Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies HR Services revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies HR Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Winning by Design
BetterManager
Intuit
Zenefits
Lumity
Insperity
Discovery Education
SHRM
General Assembly
WageWorks