According to a new report, published by KBV research, The Global Contingent Workforce Management Market size is expected to reach $325.7 Trillion by 2028, rising at a market growth of 10.1% CAGR during the forecast period.
The Permanent Staffing segment is showcasing a CAGR of 10.6% during (2022 - 2028). This is due to compiling the most qualified individuals following the requirements of wage, experience, cultural resonance, and job description to ensure a comprehensive solution. A provider of permanent staffing solutions is responsible for locating, choosing, interviewing, and integrating the appropriate personnel into the company. In addition, the corporation provides several advantages to employees while hiring them permanently, including a provident fund for the employee's retirement, health insurance, regular holidays, etc.
The Healthcare segment acquired maximum revenue share in the Global Contingent Workforce Management Market by Industry in 2021 thereby, achieving a market value of $54.2 Trillion by 2028. The growth is attributed to the employment of contingent workforce management by a healthcare company on a temporary, per-diem, or consulting basis. Contingent workers fill up staffing gaps without necessitating the provision of benefits or the payment of employment taxes. Healthcare companies' contingent labor management may also result in cost savings. Since contingent workers are not treated as employees, employers can save money on hourly wages, payroll taxes, and benefits. These elements are driving the segment's expansion.
The North America market dominated the Global Contingent Workforce Management Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $113.3 Trillion by 2028. The Europe market is experiencing a CAGR of 9.6% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 10.6% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/contingent-workforce-management-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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).
By Type
By Industry
By Geography
Companies Profiled
Unique Offerings 
