Outplacement firms assist individuals in determining what career path best suits them and then guides and supports them in their job search to achieve their career targets. Outplacement programs provide systems required by the employee to move forward after losing a job through termination or layoff.
The global outplacement services market is estimated to grow at a CAGR of around +5% during 2019-2025.
Outplacement services involve helping different parties and employees in efficiently finding jobs and moving through a time of major difficulties in an accomplished & helpful environment, thereby minimizing immediate risks and maximizing future prospects. The provision of outplacement and career transition support by employers has become a standard practice in organizations over the past few years.
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Top Key Players of Outplacement Services Market Profiled in Report:
- Career Insight Group Pty Ltd
- Hudson Global Inc.
- Manpower Group
- Prima Careers
The report provides a brief timeline for each segment of the Outplacement Services Market. Key drivers and restraints impacting the market segments are also demonstrated precisely. It also helps in determining reasons for the progress of certain segments over others in the looming years. The overall market is also segmented on the basis of geography in the United States, Europe, India, Japan, China, and Southeast Asia. The geographical segmentation provides a distinct assessment of the factors supporting these regions, the favorable regulatory policies, and the impact of the political frameworks.
Key benefits of the global market research report:
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining the market growth
- It provides a six-year forecast assessed on the basis of how the Outplacement Services market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making an in-depth analysis of market segments
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The global outplacement services market report is integrated considering the primary and secondary research methodologies that have been collected from reliable sources intended to generate a factual database. The data from market journals, publications, conferences, white papers and interviews of key market leaders are compiled to generate our segmentation and is mapped to a fair trajectory of the market during the forecast period.
Outplacement Services Market Threats & Opportunities
- Client businesses use industry services to help their redundant workers to find new employment
- Profit is relatively high due to the industry’s specialist services and high charge-out rates
- Outplacement firms are anticipated to expand their range of services over the next five years
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