Over the past five years, the Employee Relocation Services industry has recovered from the depths of the recession, which decimated industry revenue. The industry experienced strong declines through 2011, as weak investment in residential housing and subdued corporate budgets caused fewer employee relocations and shrunk the market for industry operators. However, rising corporate profit, improving business confidence, low interest rates and falling national unemployment precipitated larger business budgets, including relocation spending. In the coming years, the industry will experience growing demand for their services as real estate values continue to rebound and corporations increase their hiring rates, resulting in more lucrative, corporate relocations.
This industry offers employee relocation services that aim to simplify the moving process. Operators provide departure services, which include home sale assistance, property management and moving services. The industry also offers destination services, including temporary housing and home finding to rental and mortgage assistance.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.