News » Global RPO market forecast to hit USD10.67bn by 2022

Global RPO market forecast to hit USD10.67bn by 2022

The global recruitment process outsourcing (RPO) market is forecast to grow at a compounded annual growth rate of 14.4% from 2015 to hit USD10.67bn by 2022. The latest market research report released by Credence Research showed that the global RPO market was USD3.54bn in 2014 and continues to grow due to the adoption of RPO services in North America and Europe. The most significant factor fueling the market growth is the reduction in overhead costs of the client organizations. Additionally, outsourcing recruitment processes makes hiring much easier, faster and productive as compared to the traditional recruitment processes. Asia Pacific is estimated to emerge as the highest growing market for RPO, in terms of revenue and adoption, in the coming years.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.