Global Temporary Staffing Software Market Size To Worth USD 9.01 Billion By 2033 | CAGR of 10.57%
Category: Information & TechnologyGlobal Temporary Staffing Software Market Size To Worth USD 9.01 Billion By 2033
According to a research report published by Spherical Insights & Consulting, the Global Temporary Staffing Software Market Size is Expected to Grow from USD 3.30 Billion in 2023 to USD 9.01 Billion by 2033, at a CAGR of 10.57% during the forecast period 2023-2033.
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Browse key industry insights spread across 207 pages with 110 Market data tables and figures & charts from the report on the "Global Temporary Staffing Software Market Size, Share, and COVID-19 Impact Analysis, By Deployment Mode (On-Premises, Cloud-Based (SaaS), and Hybrid), By Application (Applicant Tracking System (ATS), Vendor Management System (VMS), Workforce Management, Payroll and Billing, and Talent Management), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/temporary-staffing-software-market
A system called temporary staffing software helps businesses and staffing agencies manage the recruitment and supervision of contingent or temporary staff members. Hiring staffing software reduces administrative costs and ensures labor law compliance while helping companies manage their temporary workers more effectively. Machine learning for better recruitment results, chatbots for candidate engagement, and natural language processing are expected to improve the usefulness of temporary staffing software. The increasing use of cutting-edge technology to expedite hiring procedures, the expanding need for temporary workforce solutions, and the growing inclination toward software-as-a-service (SaaS) models are some of the factors driving this market's growth. Users benefit from increased accessibility and convenience due to the growing use of mobile applications in staffing software, which further drives market expansion. However, growing concerns regarding data security and privacy could restrict the market growth for the temporary staffing software market.
The cloud-based (SaaS) segment is predicted to hold the greatest market share through the forecast period.
Based on the deployment mode, the temporary staffing software market is classified into on-premises, cloud-based (SaaS), and hybrid. Among these, the cloud-based (SaaS) segment is predicted to hold the greatest market share through the forecast period. Organizations can better manage temporary workers, expedite hiring procedures, and effectively handle changing work demands by utilizing cloud-based software.
The applicant tracking system (ATS) segment is anticipated to hold the greatest market share during the projected timeframe.
Based on the application, the temporary staffing software market is divided into applicant tracking system (ATS), vendor management system (VMS), workforce management, payroll and billing, and talent management. Among these, the applicant tracking system (ATS) segment is anticipated to hold the greatest market share during the projected timeframe. The adoption of sophisticated applicant tracking systems (ATS) becomes important as businesses look to streamline their hiring procedures and reduce the time required to fill temporary positions, which supports the overall growth in the market.
North America is estimated to hold the largest share of the temporary staffing software market over the forecast period.
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North America is estimated to hold the largest share of the temporary staffing software market over the forecast period. North America due to the region's early embrace of cutting-edge technologies and its established employment business. Due to the strong need for temporary staffing solutions across a range of industries, the US in particular contributes significantly to the market. Staffing software use is fuelled by the region's strong IT infrastructure as well as the growing focus on automation and digital transformation.
Asia Pacific is predicted to have the highest CAGR growth in the temporary staffing software market over the forecast period. The expanding number of small and medium-sized businesses (SMEs), increased industrialization, and greater awareness of the advantages of temporary staffing software are driving the Asia Pacific market. With the help of their quickly growing economies and the growing demand for flexible labor management, nations like China, India, and Japan are spearheading the adoption of these solutions.
Major key players in the temporary staffing software market include OpenAI, Bullhorn, StaffSuite, ADP, Gusto, Kronos, Paycor, BambooHR, Lumina Software, Workday, Zenefits, and Others.
Recent Development
- In September 2024, the artificial intelligence research and development firm OpenAI launched a new model called "o1" on Thursday that possesses sophisticated reasoning abilities. A new generation of self-governing AI agents is made possible by this advancement, which may also simplify non-human staff responsibilities like hiring.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the temporary staffing software market based on the below-mentioned segments:
Global Temporary Staffing Software Market, By Deployment Mode
- One Premises
- Cloud Based (SaaS)
- Hybrid
Global Temporary Staffing Software Market, By Application
- Applicant Tracking System (ATS)
- Vendor Management System (VMS)
- Workforce Management
- Payroll and Billing
- Talent Management
Global Temporary Staffing Software Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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