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Worldwide and U.S. HR Management Services 2004-2008 ForecastPublished by: IDC Published: Mar. 22, 2004 - 20 Pages Table of ContentsTable of Contents IDC Opinion In This Study Methodology Situation Overview HR Services Market Overview Figure: Major Process Elements Within the HR Value Chain What Happened in HR Services in 2003? Economic Trends Customer Trends Competitive Trends Table: Major Vendor Events in HR Services in 2003 and Early 2004 Future Outlook Table: IDC Macroeconomic and Macrolevel Services Assumptions Summary Forecast and Assumptions Worldwide HR Services Table: Worldwide HR Management Services Spending by Geographic Region, 2002-2008 ($M) Table: Key Forecast Assumptions for the Worldwide HR Management Services Market, 2004-2008 U.S. HR Services Table: U.S. HR Management Services Spending by Segment, 2002-2008 ($M) Table: Key Forecast Assumptions for the U.S. HR Management Services Market, 2004-2008 Essential Guidance Actions to Consider Learn More Related Research Definitions HR Consulting Services HR Outsourcing Services Methodology Supply-Side Data Demand-Side Data Market-Sizing Methodology Synopsis AbstractThis IDC study presents a five-year forecast for the worldwide and U.S. markets for human resource (HR) management services. The purposes of this study are to identify and quantify the market opportunity worldwide and within the United States for HR service providers and present recommended strategies for organizations to take advantage of these opportunities. The document answers the following questions: y What are IDC's predictions for the market forces affecting the HR management services market, and what impact will they have on the market forecast? y Which assumptions are of sufficient importance that a change in the assumption would result in a change in the market forecasts? y What impact will developments in this market have on the players in the market? y How might the developments predicted affect the revenue of the players? y What are the not-to-be-missed opportunities in HR management services? In addition, this document presents key drivers and inhibitors that influence the timing and magnitude of these market opportunities. The study concludes with guidance for service providers to aid them in their efforts toward establishing or expanding their service offerings and competitive strategies and thus capitalize on the opportunities appropriate to them. "As 2003 wound down, evidence was mounting that a recovery in the global economy was under way," said Marc Pramuk, program manager for HR Management and Staffing Services research at IDC. "At the same time, 2003 was a year dominated more by competitive acquisitions than by significant new client wins. IDC expects the global recovery to quicken and broaden in 2004. This recovery, combined with the dramatic realignment of the competitive landscape in HR services and new offerings in performance management and HR analytics, will help to unleash a redefinition of what HR is and does within organizations."Get Full Details About This Report >> |
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