HRO Market: Low Deal Numbers Countered by High Contract Values (led by Asia)
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The Multi-process Human Resources Outsourcing (MPHRO) market showed a marginal 3 percent compound annual growth rate (CAGR) in 2013 compared to 2012, reaching US$3.3 billion, according to Everest Group’s recent report, Multi-Process Human Resources Outsourcing (MPHRO) – Annual Report 2014: The Times Are Changing. Although 2013 saw the lowest number of deal signings in four years, the average annualized contract value (ACV) per deal was the highest in four years.
The Asia Pacific...
