At 10.7% CAGR, the South & Central America On-Demand Staffing Platform Market is projected to be worth US$ 9.31 million by 2028, says Business Market Insights

According to Business Market Insights’ research, the South & Central America on-demand staffing platform market was valued at US$ 5.06 million in 2022 and is expected to reach US$ 9.31 million by 2028, registering a CAGR of 10.7% 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 the critical factors attributed to the South & Central America on-demand staffing platform market expansion.             

On-demand staffing providers are taking different approaches on checking workers' backgrounds, as several employers need thoroughly vetted and background-checked workers. There is a rapid development of machine intelligence, advances in automation, and an unstoppable expansion of the Internet of Things (IoT) across hiring marketplaces. On-demand staffing platform providers continue to implement and invest in advanced technologies that seamlessly anticipate needs and deliver hyper-personalized experiences. The staffing industry is growing tremendously, and on-demand staffing platforms have numerous opportunities in terms of transforming temporary employee hiring platforms because it is becoming more difficult for companies such as Uber, Lyft, and DoorDash to employ a large number of gig workers and classify them as independent contractors. Therefore, the adoption of artificial intelligence and machine learning technologies by on-demand staffing platform providers is anticipated to create lucrative growth opportunities in the coming years.

On the contrary, misconceptions about on-demand employment hampers on the growth of South & Central America on-demand staffing platform market. 

Based on deployment, the South & Central America on-demand staffing platform market is bifurcated into on-premise and cloud based. The cloud based segment held 62.2% market share in 2022, amassing US$ 3.15 million. It is projected to garner US$ 6.13 million by 2028 to expand at 11.7% CAGR during 2022–2028.

Based on enterprise size, the South & Central America on-demand staffing platform market is segmented into small & medium enterprises and large enterprises. The large enterprises segment held 70.7% share of South & Central America on-demand staffing platform market in 2022, amassing US$ 3.58 million. It is projected to garner US$ 6.12 million by 2028 to expand at 9.4% CAGR during 2022–2028.

Based on country, the South & Central America on-demand staffing platform market has been categorized into Brazil, Argentina, and the Rest of South & Central America.  Our regional analysis states that Brazil captured 62.6% share of South & Central America on-demand staffing platform market in 2022. It was assessed at US$ 3.17 million in 2022 and is likely to hit US$ 5.89 million by 2028, exhibiting a CAGR of 10.9% CAGR during 2022–2028.            

Key players operating in the South & Central America on-demand staffing platform market are Appjobs, Qwick Inc, Wonolo Inc, and Snagajob.com Inc, among others.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com