The North America Contingent Workforce Management Market would witness market growth of 9.5% CAGR during the forecast period (2022-2028).
A contractor refurbishing the conference room may not need any onboarding, unlike seasonal and other temporary workers operating in a retail or office setting. While the onboarding process for seasonal employees will differ from that of a typical employee, they still need to understand the fundamentals, such as who to contact with inquiries, when payments are made, how to access their calendar, what is expected of them in their position, etc.
Depending on the business and industry, several contingent workers, including contractors, may be required to complete compliance chores or paperwork. Each employee may quickly get up to speed fast with a self-guided path. Even while some contingent employees might not need training, for those who need it, getting them the proper training and having the right tools to manage them well are essential. Supervisors require access to flexible scheduling alternatives to accommodate contingent workers who have more erratic availability or who need to split shifts.
Strong support is required for hourly temporary employees to keep track of their schedules, breaks, and holiday compensation. Organizations may now respond to a new workplace requirement by offering on-demand pay solutions, like getting paid for time spent ahead of the pay cycle. Another essential issue to think about is safety. All workers must have access to health and safety reporting to ensure a safe workplace.
Canada has a thriving domestic technology industry. More than 43,200 companies work in the Canadian information and communications technology (ICT) sector. The software and computer services sectors employ the vast majority. Most of the sector's businesses are small, with about 35,500 of them employing less than ten people. Around 100 significant businesses, including subsidiaries of overseas multinational organizations, employ more than 500 people. The ever-growing ICT sector, combined with the government's ongoing initiatives for its enhancement, will increase the requirement for workforce requirement and thereby propel the contingent workforce management market's growth in the region.
The US market dominated the North America Contingent Workforce Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $81,739.5 Billion by 2028. The Canada market is poised to grow at a CAGR of 12% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 11% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Contingent Workforce Management Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Contingent Workforce Management Market, by Type
1.4.2 North America Contingent Workforce Management Market, by Industry
1.4.3 North America 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. North America Contingent Workforce Management Market by Type
4.1 North America Flexible Staffing Market by Country
4.2 North America Permanent Staffing Market by Country
Chapter 5. North America Contingent Workforce Management Market by Industry
5.1 North America Healthcare Market by Country
5.2 North America Retail Trade Market by Country
5.3 North America Manufacturing & Automotive Market by Country
5.4 North America BFSI Market by Country
5.5 North America Government & Public Sector Market by Country
5.6 North America Telecom & IT Market by Country
5.7 North America Business/Professional Service Market by Country
5.8 North America Pharma/biotech/medical equipment Market by Country
5.9 North America Real Estate & Rental Leasing Market by Country
5.1 North America Transportation & Logistics Market by Country
5.11 North America Other Industry Market by Country
Chapter 6. North America Contingent Workforce Management Market by Country
6.1 US Contingent Workforce Management Market
6.1.1 US Contingent Workforce Management Market by Type
6.1.2 US Contingent Workforce Management Market by Industry
6.2 Canada Contingent Workforce Management Market
6.2.1 Canada Contingent Workforce Management Market by Type
6.2.2 Canada Contingent Workforce Management Market by Industry
6.3 Mexico Contingent Workforce Management Market
6.3.1 Mexico Contingent Workforce Management Market by Type
6.3.2 Mexico Contingent Workforce Management Market by Industry
6.4 Rest of North America Contingent Workforce Management Market
6.4.1 Rest of North America Contingent Workforce Management Market by Type
6.4.2 Rest of North America 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 North America Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 2 North America Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 3 North America Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 4 North America Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 5 North America Flexible Staffing Market by Country, 2018 - 2021, USD Billion
TABLE 6 North America Flexible Staffing Market by Country, 2022 - 2028, USD Billion
TABLE 7 North America Permanent Staffing Market by Country, 2018 - 2021, USD Billion
TABLE 8 North America Permanent Staffing Market by Country, 2022 - 2028, USD Billion
TABLE 9 North America Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 10 North America Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 11 North America Healthcare Market by Country, 2018 - 2021, USD Billion
TABLE 12 North America Healthcare Market by Country, 2022 - 2028, USD Billion
TABLE 13 North America Retail Trade Market by Country, 2018 - 2021, USD Billion
TABLE 14 North America Retail Trade Market by Country, 2022 - 2028, USD Billion
TABLE 15 North America Manufacturing & Automotive Market by Country, 2018 - 2021, USD Billion
TABLE 16 North America Manufacturing & Automotive Market by Country, 2022 - 2028, USD Billion
TABLE 17 North America BFSI Market by Country, 2018 - 2021, USD Billion
TABLE 18 North America BFSI Market by Country, 2022 - 2028, USD Billion
TABLE 19 North America Government & Public Sector Market by Country, 2018 - 2021, USD Billion
TABLE 20 North America Government & Public Sector Market by Country, 2022 - 2028, USD Billion
TABLE 21 North America Telecom & IT Market by Country, 2018 - 2021, USD Billion
TABLE 22 North America Telecom & IT Market by Country, 2022 - 2028, USD Billion
TABLE 23 North America Business/Professional Service Market by Country, 2018 - 2021, USD Billion
TABLE 24 North America Business/Professional Service Market by Country, 2022 - 2028, USD Billion
TABLE 25 North America Pharma/biotech/medical equipment Market by Country, 2018 - 2021, USD Billion
TABLE 26 North America Pharma/biotech/medical equipment Market by Country, 2022 - 2028, USD Billion
TABLE 27 North America Real Estate & Rental Leasing Market by Country, 2018 - 2021, USD Billion
TABLE 28 North America Real Estate & Rental Leasing Market by Country, 2022 - 2028, USD Billion
TABLE 29 North America Transportation & Logistics Market by Country, 2018 - 2021, USD Billion
TABLE 30 North America Transportation & Logistics Market by Country, 2022 - 2028, USD Billion
TABLE 31 North America Other Industry Market by Country, 2018 - 2021, USD Billion
TABLE 32 North America Other Industry Market by Country, 2022 - 2028, USD Billion
TABLE 33 North America Contingent Workforce Management Market by Country, 2018 - 2021, USD Billion
TABLE 34 North America Contingent Workforce Management Market by Country, 2022 - 2028, USD Billion
TABLE 35 US Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 36 US Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 37 US Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 38 US Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 39 US Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 40 US Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 41 Canada Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 42 Canada Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 43 Canada Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 44 Canada Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 45 Canada Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 46 Canada Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 47 Mexico Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 48 Mexico Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 49 Mexico Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 50 Mexico Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 51 Mexico Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 52 Mexico Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 53 Rest of North America Contingent Workforce Management Market, 2018 - 2021, USD Billion
TABLE 54 Rest of North America Contingent Workforce Management Market, 2022 - 2028, USD Billion
TABLE 55 Rest of North America Contingent Workforce Management Market by Type, 2018 - 2021, USD Billion
TABLE 56 Rest of North America Contingent Workforce Management Market by Type, 2022 - 2028, USD Billion
TABLE 57 Rest of North America Contingent Workforce Management Market by Industry, 2018 - 2021, USD Billion
TABLE 58 Rest of North America Contingent Workforce Management Market by Industry, 2022 - 2028, USD Billion
TABLE 59 Key Information – SAP SE
TABLE 60 Key information – Coupa Software, Inc.
TABLE 61 Key Information – Ramco Systems Limited
TABLE 62 Key Information – Avature Limited
TABLE 63 Key Information – beeline
TABLE 64 Key Information – The Bowen Group
TABLE 65 Key Information – CXC Global
TABLE 66 Key Information – Zeel Solutions Ltd.
TABLE 67 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