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Worldwide and U.S. HR Management Services 2006-2010 Forecast: Talent Is the WordPublished by: IDC Published: Mar. 1, 2006 - 22 Pages Table of ContentsI. IDC Opinion II. In This Study Methodology III. Situation Overview Introduction: HR Services Market Overview Figure: Human Resources Value Cycle Market Overview Economic Factors for HR Services Figure: U.S. Unemployment Rate, February 2005-January 2006 Figure: Increase in U.S. Candidate Shortages from 2004 to 2005 Current Situation Figure: Number of Announced HR Contracts by Type, 2004 and 2005 Competitive Trends Table: Major Vendor Events in HR and HR Services in 2005 and Early 2006 IV. Future Outlook Forecast and Assumptions Table: IDC Macroeconomic and Macrolevel Services Assumptions Summary Worldwide HR Services Table: Worldwide HR Management Services Spending by Region, 2005-2010 ($M) Table: Key Forecast Assumptions for the Worldwide HR Management Services Market, 2006-2010 U.S. HR Services Table: U.S. HR Management Services Spending by Type, 2005-2010 ($M) Table: Key Forecast Assumptions for the U.S. HR Management Services Market, 2006-2010 Market Context Table: Worldwide HR Management Services Spending, 2005-2010: Comparison of March 2005 and March 2006 Forecasts ($M) Figure: Worldwide HR Management Services Spending, 2005-2010: Comparison of March 2005 and March 2006 Forecasts Table: U.S. HR Management Services Spending, 2005-2010: Comparison of March 2005 and March 2006 Forecasts ($M) Figure: U.S. HR Management Services Spending, 2005-2010: Comparison of March 2005 and March 2006 Forecasts V. Essential Guidance Actions to Consider Advice for Buyers Advice for Vendors VI. Learn More Related Research Synopsis AbstractThis IDC study examines the market landscape and provides a five-year forecast for the worldwide and U.S. HR services market. In 2005, the economy showed further signs of recovery, and HR services spending grew 10.1% worldwide over 2004. Although the North American and European markets grew solidly, the most dramatic growth occurred in the Asia/Pacific market, where employers in a number of countries are expanding due to offshoring contracts and the market previously closed has opened to payroll processing and other HR services."The worldwide market for HR services showed solid growth in 2005," said Lisa Rowan, program manager for HR and Talent Management Services at IDC. "HR service providers have an opportunity to grow their businesses through the pursuit of several strategies, including focusing on talent management, achieving platform efficiencies, and looking to underserved markets. Buyers are advised to examine their own role in ever-lengthening sales cycles, look beyond immediate pain points to plan for the future, and take a closer look at all of their HR processes as possible candidates for outsourcing." Get Full Details About This Report >> |
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