Global RPO market to hit $22.9Bn by 2030: Research and Markets
DUBLIN, IRELAND — The global recruitment process outsourcing (RPO) market is poised for explosive growth, projected to surge from 9.7 billion in 2024 to 22.9 billion by 2030 at a 15.4% compound annual growth rate (CAGR), according to a new report from Research and Markets.
Advances in AI and analytics are improving RPO services, enabling faster, data-driven hiring for firms worldwide.
RPO market expansion fueled by flexibility and technology
The RPO market’s rapid growth reflects organizations’ increasing reliance on outsourced recruitment to navigate talent shortages and dynamic hiring needs.
Enterprise-based RPO, the biggest segment, is estimated to be US$12.5 billion in 2030, while on-demand RPO grows at 17.8% CAGR, which is a solution for businesses that require flexible solutions.
Technology integration is a big help as AI-driven tools automate the candidate matching, while chatbots expedite the engagement process. Cloud platforms make the collaboration easy with real-time updates between the clients and RPO firms.
This tech edge, coupled with access to a global talent pool, is what makes RPO a strategic advantage for industries such as banking, financial services, and insurance (BFSI), IT, and healthcare, among others, where there is a great demand for specialized skills.
Regional disparities highlight growth hotspots
The United States dominates the RPO landscape, with a 3.5 billion market in 2024, but China is emerging as the fastest-growing region, forecast to hit 1.8 billion by 2030 at a 17.1% CAGR.
Growth was also visible in Asia-Pacific, Germany, Japan, and Canada, indicating that these regions are taking continuous actions to improve their RPO settings.
Tariff policies and remote work trends further amplify RPO’s appeal as over 180 countries are reshaping their supply chains, costs, and competitiveness, enabling firms to tap cross-border talent without infrastructure investments. This geographic diversification underscores RPO’s role as a global hiring equalizer.
