
Asia Pacific On-Demand Staffing Platform Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Deployment (On-Premise and Cloud), Enterprise Size (Small and Medium Enterprises and Large Enterprises)
Description
Asia Pacific On-Demand Staffing Platform Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Deployment (On-Premise and Cloud), Enterprise Size (Small and Medium Enterprises and Large Enterprises)
The Asia Pacific on-demand staffing platform market is expected to grow from US$ 33.99 million in 2022 to US$ 83.93 million by 2028. It is estimated to grow at a CAGR of 16.3% from 2022 to 2028.
Focus on Candidate Experience and Employee Engagement is Driving the Asia Pacific On-demand Staffing Platform Market
Finding the right candidate with relevant experience and employee engagement is a pressing priority. On these lines, on-demand staffing platforms serve the purpose of helping employers significantly reduce the search-to-hire process through predictive analytics that measures and anticipates productivity, apart from matching the right candidates. The selected temporary staff and teams are later outsourced to meet the demands of an unpredictable and highly dynamic work schedule on an as-needed basis. Moreover, due to tremendous growth in a remote or hybrid work environment, there is increased adoption of on-demand staffing platforms that enable secured and flexible online assessment tools for evaluating candidates’ skills. In addition, flexibility, and creative ways for hiring candidates has improved their experience, thereby catalyzing the adoption of on-demand staffing platforms and driving its market expansion.
Asia Pacific On-Demand Staffing Platform Market Overview
During the peak of the COVID-19 pandemic, Asia Pacific witnessed a decline in employment rates. There is a significant gap between the number of qualified workers and the available jobs across the region, which is expected to increase in the coming years. According to a report from the International Labor Organisation, the region is recovering from the loss of over 57 million jobs in 2020 and is expected to decline till 2023. However, the region still lacks 22 million jobs in 2022, a jobs gap of 1.1%, and the number is projected to increase to 1.4% in 2023. Furthermore, agriculture, forestry & fishing, and manufacturing sectors are the three largest sectors in terms of employment. Also, the wholesale & retail trade industries together account for approximately 60% of the region’s 1.9 billion workforces. However, the on-demand staffing platform startups in Asia Pacific experienced several challenges, mainly in terms of cultural changes in the office environment, prequalifying blue-collar workers, and forming a business partnership with recruitment agencies. In addition, in Indonesia, the government has eased labor laws to permit rapid temporary hiring, which has accelerated the adoption of on-demand staff hiring platform in the country. In October 2022, PERSOL, one of the largest HR service providers in Asia Pacific, acquired Workmate, Singapore’s fastest-growing on-demand staffing platform. The acquisition aims to accelerate the advancement of Workmate’s on-demand workforce solutions across the region. Thus, the adoption of on-demand staffing platforms across the region is propelling the Asia Pacific on-demand staffing platform market growth.
Asia Pacific On-Demand Staffing Platform Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific On-Demand Staffing Platform Market Segmentation
The Asia Pacific on-demand staffing platform market is segmented into deployment, enterprise size, and country.
Based on deployment, the market is bifurcated into on-premise and cloud. In 2022, the cloud segment registered a larger share in the Asia Pacific on-demand staffing platform market.
Based on enterprise size, the Asia Pacific on-demand staffing platform market is bifurcated into small and medium enterprises and large enterprises. In 2022, the large enterprises segment registered a larger share in the Asia Pacific on-demand staffing platform market.
Based on country, the Asia Pacific on-demand staffing platform market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. In 2022, China segment registered the largest share in the Asia Pacific on-demand staffing platform market.
Hire an Esquire Inc; Snagajob.com Inc; Traba Inc; and Ubeya Technologies Ltd are the leading companies operating in the Asia Pacific on-demand staffing platform market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific on-demand staffing platform market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific on-demand staffing platform market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the on-demand staffing platform market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
The Asia Pacific on-demand staffing platform market is expected to grow from US$ 33.99 million in 2022 to US$ 83.93 million by 2028. It is estimated to grow at a CAGR of 16.3% from 2022 to 2028.
Focus on Candidate Experience and Employee Engagement is Driving the Asia Pacific On-demand Staffing Platform Market
Finding the right candidate with relevant experience and employee engagement is a pressing priority. On these lines, on-demand staffing platforms serve the purpose of helping employers significantly reduce the search-to-hire process through predictive analytics that measures and anticipates productivity, apart from matching the right candidates. The selected temporary staff and teams are later outsourced to meet the demands of an unpredictable and highly dynamic work schedule on an as-needed basis. Moreover, due to tremendous growth in a remote or hybrid work environment, there is increased adoption of on-demand staffing platforms that enable secured and flexible online assessment tools for evaluating candidates’ skills. In addition, flexibility, and creative ways for hiring candidates has improved their experience, thereby catalyzing the adoption of on-demand staffing platforms and driving its market expansion.
Asia Pacific On-Demand Staffing Platform Market Overview
During the peak of the COVID-19 pandemic, Asia Pacific witnessed a decline in employment rates. There is a significant gap between the number of qualified workers and the available jobs across the region, which is expected to increase in the coming years. According to a report from the International Labor Organisation, the region is recovering from the loss of over 57 million jobs in 2020 and is expected to decline till 2023. However, the region still lacks 22 million jobs in 2022, a jobs gap of 1.1%, and the number is projected to increase to 1.4% in 2023. Furthermore, agriculture, forestry & fishing, and manufacturing sectors are the three largest sectors in terms of employment. Also, the wholesale & retail trade industries together account for approximately 60% of the region’s 1.9 billion workforces. However, the on-demand staffing platform startups in Asia Pacific experienced several challenges, mainly in terms of cultural changes in the office environment, prequalifying blue-collar workers, and forming a business partnership with recruitment agencies. In addition, in Indonesia, the government has eased labor laws to permit rapid temporary hiring, which has accelerated the adoption of on-demand staff hiring platform in the country. In October 2022, PERSOL, one of the largest HR service providers in Asia Pacific, acquired Workmate, Singapore’s fastest-growing on-demand staffing platform. The acquisition aims to accelerate the advancement of Workmate’s on-demand workforce solutions across the region. Thus, the adoption of on-demand staffing platforms across the region is propelling the Asia Pacific on-demand staffing platform market growth.
Asia Pacific On-Demand Staffing Platform Market Revenue and Forecast to 2028 (US$ Million)
Asia Pacific On-Demand Staffing Platform Market Segmentation
The Asia Pacific on-demand staffing platform market is segmented into deployment, enterprise size, and country.
Based on deployment, the market is bifurcated into on-premise and cloud. In 2022, the cloud segment registered a larger share in the Asia Pacific on-demand staffing platform market.
Based on enterprise size, the Asia Pacific on-demand staffing platform market is bifurcated into small and medium enterprises and large enterprises. In 2022, the large enterprises segment registered a larger share in the Asia Pacific on-demand staffing platform market.
Based on country, the Asia Pacific on-demand staffing platform market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. In 2022, China segment registered the largest share in the Asia Pacific on-demand staffing platform market.
Hire an Esquire Inc; Snagajob.com Inc; Traba Inc; and Ubeya Technologies Ltd are the leading companies operating in the Asia Pacific on-demand staffing platform market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific on-demand staffing platform market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific on-demand staffing platform market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the on-demand staffing platform market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
71 Pages
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 APAC On-Demand Staffing Platform Market – By Deployment
- 1.3.2 APAC On-Demand Staffing Platform Market – By Enterprise Size
- 1.3.3 APAC On-Demand Staffing Platform Market – By Country
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. APAC On-Demand Staffing Platform Market Landscape
- 4.1 Market Overview
- 4.2 APAC PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. APAC On-Demand Staffing Platform Market – Key Market Dynamics
- 5.1 Market Drivers
- 5.1.1 Surge in Need for Talent Acquisition and Management
- 5.1.2 Temporary Employee Recruitment to Meet Organization Needs
- 5.1.3 Focus on Candidate Experience and Employee Engagement
- 5.2 Market Restraints
- 5.2.1 Misconceptions About On-Demand Employment
- 5.3 Market Opportunities
- 5.3.1 Adoption of Artificial Intelligence and Machine Learning Technologies
- 5.4 Future Trends
- 5.4.1 Increase in Contingent Workers
- 5.4.2 Flexibility in Working Environment
- 5.4.3 Automation in Hiring Process
- 5.5 Impact Analysis of Drivers and Restraints
- 6. On-Demand Staffing Platform Market – APAC Market Analysis
- 6.1 APAC On-Demand Staffing Platform Market Overview
- 6.2 APAC On-Demand Staffing Platform Market Forecast and Analysis
- 7. APAC On-Demand Staffing Platform Market Analysis – By Deployment
- 7.1 Overview
- 7.2 APAC On-Demand Staffing Platform, by Deployment (2021 and 2028)
- 7.3 Cloud
- 7.3.1 Overview
- 7.3.2 Cloud: APAC On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
- 7.4 On-Premise
- 7.4.1 Overview
- 7.4.2 On premise: APAC On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
- 8. APAC On-Demand Staffing Platform Market – By Enterprises Size
- 8.1 Overview
- 8.2 APAC On-Demand Staffing Platform, by Enterprises Size (2021 and 2028)
- 8.3 Small and Medium Enterprises (SMEs)
- 8.3.1 Overview
- 8.3.2 SMEs: APAC On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
- 8.4 Large Enterprises
- 8.4.1 Overview
- 8.4.2 Large Enterprises: APAC On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
- 9. APAC On-Demand Staffing Platform Market – Country Analysis
- 9.1 Overview
- 9.1.1 APAC: On-Demand Staffing Platform Market- by Country
- 9.1.1.1 Australia: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.1.1 Australia: On-Demand Staffing Platform Market- by Deployment
- 9.1.1.1.2 Australia: On-Demand Staffing Platform Market- By Enterprises Size
- 9.1.1.2 China: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.2.1 China: On-Demand Staffing Platform Market- by Deployment
- 9.1.1.2.2 China: On-Demand Staffing Platform Market- By Enterprises Size
- 9.1.1.3 India: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.3.1 India: On-Demand Staffing Platform Market- by Deployment
- 9.1.1.3.2 India: On-Demand Staffing Platform Market- By Enterprises Size
- 9.1.1.4 Japan: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.4.1 Japan: On-Demand Staffing Platform Market- by Deployment
- 9.1.1.4.2 Japan: On-Demand Staffing Platform Market- By Enterprises Size
- 9.1.1.5 South Korea: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.5.1 South Korea: On-Demand Staffing Platform Market- by Deployment
- 9.1.1.5.2 South Korea: On-Demand Staffing Platform Market- By Enterprises Size
- 9.1.1.6 Rest of APAC: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- 9.1.1.6.1 Rest of APAC: On-Demand Staffing Platform Market- by Deployment
- 9.1.1.6.2 Rest of APAC: On-Demand Staffing Platform Market- By Enterprises Size
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 New Product Development
- 11. Company Profiles
- 11.1 Hire an Esquire Inc
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Snagajob.com Inc
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Traba Inc
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Ubeya Technologies Ltd
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 12. Appendix
- 12.1 About The Insight Partners
- 12.2 Glossary
- LIST OF TABLES
- Table 1. APAC On-Demand Staffing Platform Market, Revenue and Forecast, 2019–2028 (US$ Mn)
- Table 2. Australia: On-Demand Staffing Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)
- Table 3. Australia: On-Demand Staffing Platform Market- By Enterprises Size–Revenue and Forecast to 2028 (US$ Million)
- Table 4. China: On-Demand Staffing Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)
- Table 5. China: On-Demand Staffing Platform Market- By Enterprises Size–Revenue and Forecast to 2028 (US$ Million)
- Table 6. India: On-Demand Staffing Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)
- Table 7. India: On-Demand Staffing Platform Market- By Enterprises Size–Revenue and Forecast to 2028 (US$ Million)
- Table 8. Japan: On-Demand Staffing Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)
- Table 9. Japan: On-Demand Staffing Platform Market- By Enterprises Size–Revenue and Forecast to 2028 (US$ Million)
- Table 10. South Korea: On-Demand Staffing Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)
- Table 11. South Korea: On-Demand Staffing Platform Market- By Enterprises Size–Revenue and Forecast to 2028 (US$ Million)
- Table 12. Rest of APAC: On-Demand Staffing Platform Market- by Deployment –Revenue and Forecast to 2028 (US$ Million)
- Table 13. Rest of APAC: On-Demand Staffing Platform Market- By Enterprises Size–Revenue and Forecast to 2028 (US$ Million)
- Table 14. Glossary of Terms, APAC On-Demand Staffing Platform Market
- LIST OF FIGURES
- Figure 1. APAC On-Demand Staffing Platform Market Segmentation
- Figure 2. APAC On-Demand Staffing Platform Market Segmentation - Country
- Figure 3. APAC On-Demand Staffing Platform Market Overview
- Figure 4. APAC On-Demand Staffing Platform Market, By Deployment
- Figure 5. APAC On-Demand Staffing Platform Market, By Enterprises size
- Figure 6. APAC On-Demand Staffing Platform Market, By Country
- Figure 7. APAC: PEST Analysis
- Figure 8. APAC On-Demand Staffing Platform Market Ecosystem Analysis
- Figure 9. Expert Opinion
- Figure 10. APAC On-Demand Staffing Platform Market: Impact Analysis of Drivers and Restraints
- Figure 11. APAC On-Demand Staffing Platform Market, Forecast and Analysis (US$ Mn)
- Figure 12. APAC On-Demand Staffing Platform Market Revenue Share, by Deployment (2021 and 2028)
- Figure 13. Cloud: APAC On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
- Figure 14. On premise: APAC On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
- Figure 15. APAC On-Demand Staffing Platform Market Revenue Share, by Enterprises Size (2021 and 2028)
- Figure 16. SMEs: APAC On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
- Figure 17. Large Enterprises: APAC On-Demand Staffing Platform Market– Revenue and Forecast to 2028 (US$ Million)
- Figure 18. APAC: On-Demand Staffing Platform Market, by Country — Revenue (2021) (US$ Million)
- Figure 19. APAC: On-Demand Staffing Platform Market Revenue Share, By Country (2021 and 2028)
- Figure 20. Australia: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 21. China: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 22. India: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Japan: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 24. South Korea: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
- Figure 25. Rest of APAC: On-Demand Staffing Platform Market – Revenue and Forecast to 2028 (US$ Million)
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.