Report : Asia Pacific On-Demand Staffing Platform Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Deployment (On-Premise and Cloud), Enterprise Size (Small and Medium Enterprises and Large Enterprises)
At 16.3% CAGR, the Asia Pacific On-Demand Staffing Platform Market is speculated to be worth US$ 83.93 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Asia Pacific on-demand staffing platform market was valued at US$ 33.99 million in 2022 and is expected to reach US$ 83.93 million by 2028, registering a CAGR of 16.3% from 2022 to 2028. Temporary employee recruitment to meet organization needs and focus on candidate experience and employee are the critical factors attributed to the Asia Pacific on-demand staffing platform market expansion.
The staffing industry is increasingly investing in and adopting new recruitment technologies and adjusting to a completely unfamiliar staff hiring environment to fulfil temporary employment needs. Temporary employees are hired for a specific project while not having to commit on long-term benefits. Several on-demand staffing platform companies engage in partnerships and new product launches to pilot new organizational structures and increase business productivity. For instance, in September 2022, Workfall, a remote staffing startup, launched a new product—Automated Work Contracts. The product aims to create a seamless experience, enabling both partners and hiring companies to discuss terms of hiring and ensuring that payments are linked to the delivery of services and provide security to both parties. As a result, the growing need for instant hiring temporary staff is boosting the Asia Pacific on-demand staffing platform market growth.
On the contrary, misconceptions about on-demand employment hurdles the growth of Asia Pacific on-demand staffing platform market.
Based on deployment, the Asia Pacific on-demand staffing platform market is bifurcated into on-premise and cloud. The cloud segment held 66.8% share of the Asia Pacific on-demand staffing platform market in 2022, amassing US$ 22.72 million. It is projected to garner US$ 59.45 million by 2028 to expand at 17.4% CAGR during 2022–2028.
Based on enterprise size, the Asia Pacific on-demand staffing platform market is segmented into small and medium enterprises and large enterprises. The large enterprises segment held 66.2% share of the Asia Pacific on-demand staffing platform market in 2022, amassing US$ 22.50 million. It is projected to garner US$ 51.74 million by 2028 to expand at 14.9% CAGR during 2022–2028.
Based on country, the Asia Pacific on-demand staffing platform market has been categorized into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. Our regional analysis states that China captured 32.7% share of the Asia Pacific on-demand staffing platform market in 2022. It was assessed at US$ 11.12 million in 2022 and is likely to hit US$ 25.93 million by 2028, exhibiting a CAGR of 15.2% during the forecast period.
Key players profiles in the Asia Pacific on-demand staffing platform market report are Hire an Esquire Inc; Snagajob.com Inc; Traba Inc; and Ubeya Technologies Ltd, among others.
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