
Published On: Jan 2024
Published On: Jan 2024
At 13.4% CAGR, the Middle East & Africa On-Demand Staffing Platform Market is projected to be worth US$ 21.36 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the Middle East & Africa on-demand staffing platform market was valued at US$ 10.07 million in 2022 and is expected to reach US$ 21.36 million by 2028, registering a CAGR of 13.4% from 2022 to 2028. Surge in need for talent acquisition and management, temporary employee recruitment to meet organization needs, and focus on candidate experience and employee engagement are among the critical factors attributed to the Middle East & Africa 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 Middle East & Africa on-demand staffing platform market growth.
On the contrary, misconceptions about on-demand employment hampers on the growth of Middle East & Africa on-demand staffing platform market.
Based on deployment, the Middle East & Africa on-demand staffing platform market is bifurcated into on-premise and cloud based. The cloud based segment held 58.2% market share in 2022, amassing US$ 5.86 million. It is projected to garner US$ 13.54 million by 2028 to expand at 15.0% CAGR during 2022–2028.
Based on enterprise size, the Middle East & Africa on-demand staffing platform market is segmented into small & medium enterprises and large enterprises. The large enterprises segment held 70.0% share of Middle East & Africa on-demand staffing platform market in 2022, amassing US$ 7.05 million. It is projected to garner US$ 13.78 million by 2028 to expand at 11.8% CAGR during 2022–2028.
Based on country, the Middle East & Africa on-demand staffing platform market has been categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 40.6% share of Middle East & Africa on-demand staffing platform market in 2022. It was assessed at US$ 4.09 million in 2022 and is likely to hit US$ 8.42 million by 2028, exhibiting a CAGR of 12.8% CAGR during 2022–2028.
Key players operating in the Middle East & Africa on-demand staffing platform market are Ogram, Qwick, Sabbar, and Snagajob.com Inc, among others.
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