The Latin America, Middle East and Africa Contingent Workforce Management Market would witness market growth of 12.9% CAGR during the forecast period (2022-2028).
Contingent workforce management includes creating and executing rules and regulations, providing tools and system access, assigning workers, enrolling contingent workers in any compliance or development training that their role would require, and managing the temporary workforce. Regular employees also gain from this since the flexible structure of the contingent workforce shields them from these types of changes, so they don't have to be paid off when the company demands change. Companies that use contingent labor can quickly fill open positions. These factors would accelerate the expansion of the contingent workforce management market.
Many businesses need to track the performance information of their contract employees, and those that do frequently collect the information outside their standard HR system and personnel database. This implies that they are losing data on many of their employees. Although full-time employees with a permanent contract are often more critical, this is only sometimes the case. For instance, a business recently acquired a sizable new client. They require a project team and manager with certain abilities and competence for their first project. They decide on a contingent project manager since hiring one or more full-time workers takes too long. The contingent worker not only finishes the job effectively but also passes down some of the skills lacking in the workforce to the present staff.
The UAE boasts a robust healthcare infrastructure as one of the Middle East's most economically advanced and diverse marketplaces. Building a world-class healthcare infrastructure is a key goal for the UAE government. Consequently, the industry has grown tremendously over the past few years. The UAE was recognized as one of the top international countries and the highest in the Arab world. The UAE's healthcare industry has grown to accommodate its population's changing requirements and its aspiration to establish itself as a regional center for medical tourism. The growing healthcare and pharmaceutical industry is expected to create more job opportunities, which will increase the utilization of contingent workforce management and drive market growth.
The Brazil market dominated the LAMEA Contingent Workforce Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6,276.3 Billion by 2028. The Argentina market is experiencing a CAGR of 13.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 12.6% during (2022 - 2028).
Based on Type, the market is segmented into Flexible Staffing and Permanent Staffing. Based on Industry, the market is segmented into Healthcare, Retail Trade, Manufacturing & Automotive, BFSI, Government & Public Sector, Telecom & IT, Business/Professional Service, Pharma/biotech/medical equipment, Real Estate & Rental Leasing, Transportation & Logistics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Contingent Workforce Management Market is Predict to reach $325.7 Billion by 2028, at a CAGR of 10.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Coupa Software, Inc., Ramco Systems Limited, Avature Limited, Beeline (New Mount Capital), The Bowen Group, CXC Global, Zeel Solutions Ltd., and Magnit (EQT AB).
Scope of the Study
Market Segments Covered in the Report:
By Type
- Flexible Staffing
- Permanent Staffing
By Industry
- Healthcare
- Retail Trade
- Manufacturing & Automotive
- BFSI
- Government & Public Sector
- Telecom & IT
- Business/Professional Service
- Pharma/biotech/medical equipment
- Real Estate & Rental Leasing
- Transportation & Logistics
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Coupa Software, Inc.
- Ramco Systems Limited
- Avature Limited
- Beeline (New Mount Capital)
- The Bowen Group
- CXC Global
- Zeel Solutions Ltd.
- Magnit (EQT AB)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Contingent Workforce Management Market, by Type
1.4.2 LAMEA Contingent Workforce Management Market, by Industry
1.4.3 LAMEA Contingent Workforce Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Contingent Workforce Management Market
Chapter 4. LAMEA Contingent Workforce Management Market by Type
4.1 LAMEA Flexible Staffing Market by Country
4.2 LAMEA Permanent Staffing Market by Country
Chapter 5. LAMEA Contingent Workforce Management Market by Industry
5.1 LAMEA Healthcare Market by Country
5.2 LAMEA Retail Trade Market by Country
5.3 LAMEA Manufacturing & Automotive Market by Country
5.4 LAMEA BFSI Market by Country
5.5 LAMEA Government & Public Sector Market by Country
5.6 LAMEA Telecom & IT Market by Country
5.7 LAMEA Business/Professional Service Market by Country
5.8 LAMEA Pharma/biotech/medical equipment Market by Country
5.9 LAMEA Real Estate & Rental Leasing Market by Country
5.1 LAMEA Transportation & Logistics Market by Country
5.11 LAMEA Other Industry Market by Country
Chapter 6. LAMEA Contingent Workforce Management Market by Country
6.1 Brazil Contingent Workforce Management Market
6.1.1 Brazil Contingent Workforce Management Market by Type
6.1.2 Brazil Contingent Workforce Management Market by Industry
6.2 Argentina Contingent Workforce Management Market
6.2.1 Argentina Contingent Workforce Management Market by Type
6.2.2 Argentina Contingent Workforce Management Market by Industry
6.3 UAE Contingent Workforce Management Market
6.3.1 UAE Contingent Workforce Management Market by Type
6.3.2 UAE Contingent Workforce Management Market by Industry
6.4 Saudi Arabia Contingent Workforce Management Market
6.4.1 Saudi Arabia Contingent Workforce Management Market by Type
6.4.2 Saudi Arabia Contingent Workforce Management Market by Industry
6.5 South Africa Contingent Workforce Management Market
6.5.1 South Africa Contingent Workforce Management Market by Type
6.5.2 South Africa Contingent Workforce Management Market by Industry
6.6 Nigeria Contingent Workforce Management Market
6.6.1 Nigeria Contingent Workforce Management Market by Type
6.6.2 Nigeria Contingent Workforce Management Market by Industry
6.7 Rest of LAMEA Contingent Workforce Management Market
6.7.1 Rest of LAMEA Contingent Workforce Management Market by Type
6.7.2 Rest of LAMEA Contingent Workforce Management Market by Industry
Chapter 7. Company Profiles
7.1 SAP SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 Coupa Software, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional & Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Acquisition and Mergers:
7.3 Ramco Systems Limited
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreements:
7.4 Avature Limited
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.5 Beeline (New Mount Capital)
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Acquisition and Mergers:
7.6 The Bowen Group
7.6.1 Company Overview
7.7 CXC Global
7.7.1 Company Overview
7.8 Zeel Solutions Ltd.
7.8.1 Company Overview
7.9 Magnit (EQT AB)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Recent strategies and developments:
7.9.4.1 Partnerships, Collaborations, and Agreements:
7.9.4.2 Acquisition and Mergers:
TABLE 1 LAMEA Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 2 LAMEA Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 3 LAMEA Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 4 LAMEA Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 5 LAMEA Flexible Staffing Market by Country, 2018 - 2021, USD Billion
TABLE 6 LAMEA Flexible Staffing Market by Country, 2022 - 2028, USD Billion
TABLE 7 LAMEA Permanent Staffing Market by Country, 2018 - 2021, USD Billion
TABLE 8 LAMEA Permanent Staffing Market by Country, 2022 - 2028, USD Billion
TABLE 9 LAMEA Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 10 LAMEA Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 11 LAMEA Healthcare Market by Country, 2018 - 2021, USD Billion
TABLE 12 LAMEA Healthcare Market by Country, 2022 - 2028, USD Billion
TABLE 13 LAMEA Retail Trade Market by Country, 2018 - 2021, USD Billion
TABLE 14 LAMEA Retail Trade Market by Country, 2022 - 2028, USD Billion
TABLE 15 LAMEA Manufacturing & Automotive Market by Country, 2018 - 2021, USD Billion
TABLE 16 LAMEA Manufacturing & Automotive Market by Country, 2022 - 2028, USD Billion
TABLE 17 LAMEA BFSI Market by Country, 2018 - 2021, USD Billion
TABLE 18 LAMEA BFSI Market by Country, 2022 - 2028, USD Billion
TABLE 19 LAMEA Government & Public Sector Market by Country, 2018 - 2021, USD Billion
TABLE 20 LAMEA Government & Public Sector Market by Country, 2022 - 2028, USD Billion
TABLE 21 LAMEA Telecom & IT Market by Country, 2018 - 2021, USD Billion
TABLE 22 LAMEA Telecom & IT Market by Country, 2022 - 2028, USD Billion
TABLE 23 LAMEA Business/Professional Service Market by Country, 2018 - 2021, USD Billion
TABLE 24 LAMEA Business/Professional Service Market by Country, 2022 - 2028, USD Billion
TABLE 25 LAMEA Pharma/biotech/medical equipment Market by Country, 2018 - 2021, USD Billion
TABLE 26 LAMEA Pharma/biotech/medical equipment Market by Country, 2022 - 2028, USD Billion
TABLE 27 LAMEA Real Estate & Rental Leasing Market by Country, 2018 - 2021, USD Billion
TABLE 28 LAMEA Real Estate & Rental Leasing Market by Country, 2022 - 2028, USD Billion
TABLE 29 LAMEA Transportation & Logistics Market by Country, 2018 - 2021, USD Billion
TABLE 30 LAMEA Transportation & Logistics Market by Country, 2022 - 2028, USD Billion
TABLE 31 LAMEA Other Industry Market by Country, 2018 - 2021, USD Billion
TABLE 32 LAMEA Other Industry Market by Country, 2022 - 2028, USD Billion
TABLE 33 LAMEA Contingent Workforce Management Market by Country, 2018 - 2021, USD Billion
TABLE 34 LAMEA Contingent Workforce Management Market by Country, 2022 - 2028, USD Billion
TABLE 35 Brazil Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 36 Brazil Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 37 Brazil Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 38 Brazil Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 39 Brazil Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 40 Brazil Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 41 Argentina Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 42 Argentina Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 43 Argentina Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 44 Argentina Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 45 Argentina Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 46 Argentina Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 47 UAE Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 48 UAE Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 49 UAE Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 50 UAE Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 51 UAE Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 52 UAE Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 53 Saudi Arabia Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 54 Saudi Arabia Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 55 Saudi Arabia Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 56 Saudi Arabia Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 57 Saudi Arabia Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 58 Saudi Arabia Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 59 South Africa Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 60 South Africa Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 61 South Africa Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 62 South Africa Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 63 South Africa Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 64 South Africa Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 65 Nigeria Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 66 Nigeria Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 67 Nigeria Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 68 Nigeria Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 69 Nigeria Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 70 Nigeria Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 71 Rest of LAMEA Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 72 Rest of LAMEA Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 73 Rest of LAMEA Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 74 Rest of LAMEA Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 75 Rest of LAMEA Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 76 Rest of LAMEA Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 77 Key Information – SAP SE
TABLE 78 Key information – Coupa Software, Inc.
TABLE 79 Key Information – Ramco Systems Limited
TABLE 80 Key Information – Avature Limited
TABLE 81 Key Information – beeline
TABLE 82 Key Information – The Bowen Group
TABLE 83 Key Information – CXC Global
TABLE 84 Key Information – Zeel Solutions Ltd.
TABLE 85 Key Information – Magnit
List of Figures
FIG 1 Methodology for the research
FIG 2 SWOT Analysis: SAP SE
FIG 3 Recent strategies and developments: Beeline
FIG 4 Recent strategies and developments: MAgnit