Everest Group Study: RPO Market Projected to Grow 12-1% in 2013
DALLAS, March 20, 2013 - The Recruitment Process Outsourcing
- Continental Europe and Asia Pacific witnessed a large surge in new deal activity, while the more mature North American and United Kingdom markets settled into a more steady growth pace.
- Strong contract activity in Europe and Asia Pacific lead to a decrease in North America’s dominance over the RPO market.
- RPO drivers differed across regions, posing different challenges and necessitating differing solution elements.
- After rapid growth for two years, adoption of multi-country RPO was moderate in 2012.
- Mid-market companies increased adoption in recent times, signaling RPO is no longer a large market play.
- The competitive environment remains intense with several providers competing fiercely to gain market share but clearer segmentation based on value proposition is starting to emerge.
The research report was based on analyzing over 900 RPO deals and executive level interviews with several RPO buyers and service providers. Service providers covered in the report include Accenture, Advantage xPO, Alexander Mann Solutions, Allegis Group Services, Aon Hewitt, Capita Resourcing, Futurestep, Hays, Hudson, IBM Kenexa RPO, KellyOCG, Kenexa, ManpowerGroup, Neeyamo, Ochre House, PeopleScout, PeopleStrong, Pinstripe, Pontoon Solutions, Randstad Sourceright, Resource Solutions, Talent2, The Right Thing, Wilson HCG and Yoh.