The market for talent as a service is anticipated to develop from its projected value of US$ 387.0 Million in 2022 to US$ 1,173.6 Million by 2032, expanding at a CAGR of 11.7%.
The market is expanding primarily due to the use of mobile-based personnel management systems and the increased penetration rate of cloud-based platforms. Talent-as-a-service (TaaS) platforms are being used by businesses and HR professionals more frequently to automate the search for, identification of, and hiring of new talent from talent pools as well as the retention of current personnel.
The Talent as a Service (TaaS) market is a growing industry that provides companies with a way to access a wide range of skilled professionals on-demand. TaaS platforms offer businesses the ability to hire freelance talent for a range of projects, from software development and digital marketing to graphic design and writing.
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Some of the most popular TaaS platforms include Upwork, Freelancer, and Toptal. These platforms offer a range of tools to help businesses find and hire the right talent for their projects. They typically provide a database of freelancers with a range of skills and experience, as well as tools to manage project timelines, communication, and payments.
The TaaS market is driven by several factors, including the growth of the gig economy, the increasing demand for flexible work arrangements, and the need for specialized talent in a range of industries. TaaS platforms offer businesses the ability to quickly and easily find and hire talent without the need to go through a lengthy recruitment process.
Additionally, TaaS platforms are often more affordable than hiring full-time employees, as businesses only pay for the services they need. TaaS platforms also offer businesses the ability to scale their workforce up or down as needed, providing greater flexibility in managing their projects.
Some of the major players operating in the talent as a service market are
- Cisco Systems, Inc. (USA)
- IBM (USA)
- Siemens (Germany)
- Microsoft (USA)
- Hitachi Ltd. (Japan)
- Schneider Electric (France)
- Huawei Technologies Co., Ltd (China)
- Intel Corporation (USA)
- NEC Corporation (Japan)
- ABB (Switzerland)
- Itron Inc., (USA)
- Oracle (USA)
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Market segmentation
Training Type:
- Internal
- External
End User:
- Banking
- Insurance
- Retail
- IT and Telecom
- Services
- Government and Defense
- Manufacturing
- Logistics
By Region:
- North America
- Latin America
- Asia Pacific
- Eastern Europe
- Western Europe
- Japan
Table of Content
1. Executive Summary | Talent as a Service Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
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