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Global PEOs (Professional Employer Organizations) Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 245
  • CATEGORY
  • Information Technology
The competitive landscape analysis of PEOs (Professional Employer Organizations) Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of PEOs (Professional Employer Organizations) Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

PEOs (Professional Employer Organizations) market is segmented by Company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global PEOs (Professional Employer Organizations) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2022-2030.


Global PEOs (Professional Employer Organizations) Market: By Types
Full Service PEO
ASO

Global PEOs (Professional Employer Organizations) Market: By Applications
Small Businesses
Medium Businesses
Large Businesses

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Global PEOs (Professional Employer Organizations) Market: Top Key Players
Automatic Data Processing (ADP)
Insperity
TriNet
Paychex
TEL Staffing & HR
Oasis Outsourcing
Ahead Human Resources
Group Management Services (GMS)
Alcott HR
Paychex
TEL Staffing & HR
CoAdvantage
FrankCrum
Premier Employer Services
XcelHR
Abel
AccessPoint
Acadia HR
Emplicity
Employer Solutions Group
Resource Management Inc
Justworks
OneSource Business Solutions
Pinnacle PEO


Global PEOs (Professional Employer Organizations) Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase PEOs (Professional Employer Organizations) Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global PEOs (Professional Employer Organizations) Market Size Growth Rate by Type: 2016 VS 2021 VS 2030
1.2.2 Full Service PEO
1.2.3 ASO
1.3 Market by Application
1.3.1 Global PEOs (Professional Employer Organizations) Market Share by Application: 2016 VS 2021 VS 2030
1.3.2 Small Businesses
1.3.3 Medium Businesses
1.3.4 Large Businesses
1.4 Study Objectives
1.5 Years Considered

2 Global Growth Trends
2.1 Global PEOs (Professional Employer Organizations) Market Perspective (2016-2030)
2.2 PEOs (Professional Employer Organizations) Growth Trends by Regions
2.2.1 PEOs (Professional Employer Organizations) Market Size by Regions: 2016 VS 2021 VS 2030
2.2.2 PEOs (Professional Employer Organizations) Historic Market Share by Regions (2016-2021)
2.2.3 PEOs (Professional Employer Organizations) Forecasted Market Size by Regions (2022-2030)
2.3 PEOs (Professional Employer Organizations) Industry Dynamic
2.3.1 PEOs (Professional Employer Organizations) Market Trends
2.3.2 PEOs (Professional Employer Organizations) Market Drivers
2.3.3 PEOs (Professional Employer Organizations) Market Challenges
2.3.4 PEOs (Professional Employer Organizations) Market Restraints

3 Competition Landscape by Key Players
3.1 Global Top PEOs (Professional Employer Organizations) Players by Revenue
3.1.1 Global Top PEOs (Professional Employer Organizations) Players by Revenue (2016-2021)
3.1.2 Global PEOs (Professional Employer Organizations) Revenue Market Share by Players (2016-2021)
3.2 Global PEOs (Professional Employer Organizations) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.3 Players Covered: Ranking by PEOs (Professional Employer Organizations) Revenue
3.4 Global PEOs (Professional Employer Organizations) Market Concentration Ratio
3.4.1 Global PEOs (Professional Employer Organizations) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by PEOs (Professional Employer Organizations) Revenue in 2020
3.5 PEOs (Professional Employer Organizations) Key Players Head office and Area Served
3.6 Key Players PEOs (Professional Employer Organizations) Product Solution and Service
3.7 Date of Enter into PEOs (Professional Employer Organizations) Market
3.8 Mergers & Acquisitions, Expansion Plans

4 PEOs (Professional Employer Organizations) Breakdown Data by Type
4.1 Global PEOs (Professional Employer Organizations) Historic Market Size by Type (2016-2021)
4.2 Global PEOs (Professional Employer Organizations) Forecasted Market Size by Type (2022-2030)

5 PEOs (Professional Employer Organizations) Breakdown Data by Application
5.1 Global PEOs (Professional Employer Organizations) Historic Market Size by Application (2016-2021)
5.2 Global PEOs (Professional Employer Organizations) Forecasted Market Size by Application (2022-2030)

6 North America
6.1 North America PEOs (Professional Employer Organizations) Market Size (2016-2030)
6.2 North America PEOs (Professional Employer Organizations) Market Size by Type
6.2.1 North America PEOs (Professional Employer Organizations) Market Size by Type (2016-2021)
6.2.2 North America PEOs (Professional Employer Organizations) Market Size by Type (2022-2030)
6.2.3 North America PEOs (Professional Employer Organizations) Market Size by Type (2016-2030)
6.3 North America PEOs (Professional Employer Organizations) Market Size by Application
6.3.1 North America PEOs (Professional Employer Organizations) Market Size by Application (2016-2021)
6.3.2 North America PEOs (Professional Employer Organizations) Market Size by Application (2022-2030)
6.3.3 North America PEOs (Professional Employer Organizations) Market Size by Application (2016-2030)
6.4 North America PEOs (Professional Employer Organizations) Market Size by Country
6.4.1 North America PEOs (Professional Employer Organizations) Market Size by Country (2016-2021)
6.4.2 North America PEOs (Professional Employer Organizations) Market Size by Country (2022-2030)
6.4.3 United States
6.4.3 Canada

7 Europe
7.1 Europe PEOs (Professional Employer Organizations) Market Size (2016-2030)
7.2 Europe PEOs (Professional Employer Organizations) Market Size by Type
7.2.1 Europe PEOs (Professional Employer Organizations) Market Size by Type (2016-2021)
7.2.2 Europe PEOs (Professional Employer Organizations) Market Size by Type (2022-2030)
7.2.3 Europe PEOs (Professional Employer Organizations) Market Size by Type (2016-2030)
7.3 Europe PEOs (Professional Employer Organizations) Market Size by Application
7.3.1 Europe PEOs (Professional Employer Organizations) Market Size by Application (2016-2021)
7.3.2 Europe PEOs (Professional Employer Organizations) Market Size by Application (2022-2030)
7.3.3 Europe PEOs (Professional Employer Organizations) Market Size by Application (2016-2030)
7.4 Europe PEOs (Professional Employer Organizations) Market Size by Country
7.4.1 Europe PEOs (Professional Employer Organizations) Market Size by Country (2016-2021)
7.4.2 Europe PEOs (Professional Employer Organizations) Market Size by Country (2022-2030)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic

8 Asia-Pacific
8.1 Asia-Pacific PEOs (Professional Employer Organizations) Market Size (2016-2030)
8.2 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Type
8.2.1 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Type (2016-2021)
8.2.2 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Type (2022-2030)
8.2.3 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Type (2016-2030)
8.3 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Application
8.3.1 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Application (2016-2021)
8.3.2 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Application (2022-2030)
8.3.3 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Application (2016-2030)
8.4 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Region
8.4.1 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Region (2016-2021)
8.4.2 Asia-Pacific PEOs (Professional Employer Organizations) Market Size by Region (2022-2030)
8.4.3 China
8.4.4 Japan
8.4.5 South Korea
8.4.6 Southeast Asia
8.4.7 India
8.4.8 Australia

9 Latin America
9.1 Latin America PEOs (Professional Employer Organizations) Market Size (2016-2030)
9.2 Latin America PEOs (Professional Employer Organizations) Market Size by Type
9.2.1 Latin America PEOs (Professional Employer Organizations) Market Size by Type (2016-2021)
9.2.2 Latin America PEOs (Professional Employer Organizations) Market Size by Type (2022-2030)
9.2.3 Latin America PEOs (Professional Employer Organizations) Market Size by Type (2016-2030)
9.3 Latin America PEOs (Professional Employer Organizations) Market Size by Application
9.3.1 Latin America PEOs (Professional Employer Organizations) Market Size by Application (2016-2021)
9.3.2 Latin America PEOs (Professional Employer Organizations) Market Size by Application (2022-2030)
9.3.3 Latin America PEOs (Professional Employer Organizations) Market Size by Application (2016-2030)
9.4 Latin America PEOs (Professional Employer Organizations) Market Size by Country
9.4.1 Latin America PEOs (Professional Employer Organizations) Market Size by Country (2016-2021)
9.4.2 Latin America PEOs (Professional Employer Organizations) Market Size by Country (2022-2030)
9.4.3 Mexico
9.4.4 Brazil

10 Middle East & Africa
10.1 Middle East & Africa PEOs (Professional Employer Organizations) Market Size (2016-2030)
10.2 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Type
10.2.1 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Type (2016-2021)
10.2.2 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Type (2022-2030)
10.2.3 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Type (2016-2030)
10.3 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Application
10.3.1 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Application (2016-2021)
10.3.2 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Application (2022-2030)
10.3.3 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Application (2016-2030)
10.4 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Country
10.4.1 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Country (2016-2021)
10.4.2 Middle East & Africa PEOs (Professional Employer Organizations) Market Size by Country (2022-2030)
10.4.3 Turkey
10.4.4 Saudi Arabia
10.4.5 UAE

11 Key Players Profiles
11.1 Automatic Data Processing (ADP)
11.1.1 Automatic Data Processing (ADP) Company Details
11.1.2 Automatic Data Processing (ADP) Business Overview
11.1.3 Automatic Data Processing (ADP) PEOs (Professional Employer Organizations) Introduction
11.1.4 Automatic Data Processing (ADP) Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.1.5 Automatic Data Processing (ADP) Recent Development
11.2 Insperity
11.2.1 Insperity Company Details
11.2.2 Insperity Business Overview
11.2.3 Insperity PEOs (Professional Employer Organizations) Introduction
11.2.4 Insperity Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.2.5 Insperity Recent Development
11.3 TriNet
11.3.1 TriNet Company Details
11.3.2 TriNet Business Overview
11.3.3 TriNet PEOs (Professional Employer Organizations) Introduction
11.3.4 TriNet Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.3.5 TriNet Recent Development
11.4 Paychex
11.4.1 Paychex Company Details
11.4.2 Paychex Business Overview
11.4.3 Paychex PEOs (Professional Employer Organizations) Introduction
11.4.4 Paychex Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.4.5 Paychex Recent Development
11.5 TEL Staffing & HR
11.5.1 TEL Staffing & HR Company Details
11.5.2 TEL Staffing & HR Business Overview
11.5.3 TEL Staffing & HR PEOs (Professional Employer Organizations) Introduction
11.5.4 TEL Staffing & HR Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.5.5 TEL Staffing & HR Recent Development
11.6 Oasis Outsourcing
11.6.1 Oasis Outsourcing Company Details
11.6.2 Oasis Outsourcing Business Overview
11.6.3 Oasis Outsourcing PEOs (Professional Employer Organizations) Introduction
11.6.4 Oasis Outsourcing Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.6.5 Oasis Outsourcing Recent Development
11.7 Ahead Human Resources
11.7.1 Ahead Human Resources Company Details
11.7.2 Ahead Human Resources Business Overview
11.7.3 Ahead Human Resources PEOs (Professional Employer Organizations) Introduction
11.7.4 Ahead Human Resources Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.7.5 Ahead Human Resources Recent Development
11.8 Group Management Services (GMS)
11.8.1 Group Management Services (GMS) Company Details
11.8.2 Group Management Services (GMS) Business Overview
11.8.3 Group Management Services (GMS) PEOs (Professional Employer Organizations) Introduction
11.8.4 Group Management Services (GMS) Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.8.5 Group Management Services (GMS) Recent Development
11.9 Alcott HR
11.9.1 Alcott HR Company Details
11.9.2 Alcott HR Business Overview
11.9.3 Alcott HR PEOs (Professional Employer Organizations) Introduction
11.9.4 Alcott HR Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.9.5 Alcott HR Recent Development
11.10 Total HR
11.10.1 Total HR Company Details
11.10.2 Total HR Business Overview
11.10.3 Total HR PEOs (Professional Employer Organizations) Introduction
11.10.4 Total HR Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.10.5 Total HR Recent Development
11.11 Solid Business Solutions
11.11.1 Solid Business Solutions Company Details
11.11.2 Solid Business Solutions Business Overview
11.11.3 Solid Business Solutions PEOs (Professional Employer Organizations) Introduction
11.11.4 Solid Business Solutions Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.11.5 Solid Business Solutions Recent Development
11.12 CoAdvantage
11.12.1 CoAdvantage Company Details
11.12.2 CoAdvantage Business Overview
11.12.3 CoAdvantage PEOs (Professional Employer Organizations) Introduction
11.12.4 CoAdvantage Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.12.5 CoAdvantage Recent Development
11.13 FrankCrum
11.13.1 FrankCrum Company Details
11.13.2 FrankCrum Business Overview
11.13.3 FrankCrum PEOs (Professional Employer Organizations) Introduction
11.13.4 FrankCrum Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.13.5 FrankCrum Recent Development
11.14 Premier Employer Services
11.14.1 Premier Employer Services Company Details
11.14.2 Premier Employer Services Business Overview
11.14.3 Premier Employer Services PEOs (Professional Employer Organizations) Introduction
11.14.4 Premier Employer Services Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.14.5 Premier Employer Services Recent Development
11.15 XcelHR
11.15.1 XcelHR Company Details
11.15.2 XcelHR Business Overview
11.15.3 XcelHR PEOs (Professional Employer Organizations) Introduction
11.15.4 XcelHR Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.15.5 XcelHR Recent Development
11.16 Abel
11.16.1 Abel Company Details
11.16.2 Abel Business Overview
11.16.3 Abel PEOs (Professional Employer Organizations) Introduction
11.16.4 Abel Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.16.5 Abel Recent Development
11.17 AccessPoint
11.17.1 AccessPoint Company Details
11.17.2 AccessPoint Business Overview
11.17.3 AccessPoint PEOs (Professional Employer Organizations) Introduction
11.17.4 AccessPoint Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.17.5 AccessPoint Recent Development
11.18 Acadia HR
11.18.1 Acadia HR Company Details
11.18.2 Acadia HR Business Overview
11.18.3 Acadia HR PEOs (Professional Employer Organizations) Introduction
11.18.4 Acadia HR Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.18.5 Acadia HR Recent Development
11.18 Emplicity
11.25.1 Emplicity Company Details
11.25.2 Emplicity Business Overview
11.25.3 Emplicity PEOs (Professional Employer Organizations) Introduction
11.25.4 Emplicity Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.25.5 Emplicity Recent Development
11.20 Employer Solutions Group
11.20.1 Employer Solutions Group Company Details
11.20.2 Employer Solutions Group Business Overview
11.20.3 Employer Solutions Group PEOs (Professional Employer Organizations) Introduction
11.20.4 Employer Solutions Group Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.20.5 Employer Solutions Group Recent Development
11.21 Resource Management Inc
11.21.1 Resource Management Inc Company Details
11.21.2 Resource Management Inc Business Overview
11.21.3 Resource Management Inc PEOs (Professional Employer Organizations) Introduction
11.21.4 Resource Management Inc Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.21.5 Resource Management Inc Recent Development
11.22 Justworks
11.22.1 Justworks Company Details
11.22.2 Justworks Business Overview
11.22.3 Justworks PEOs (Professional Employer Organizations) Introduction
11.22.4 Justworks Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.22.5 Justworks Recent Development
11.23 OneSource Business Solutions
11.23.1 OneSource Business Solutions Company Details
11.23.2 OneSource Business Solutions Business Overview
11.23.3 OneSource Business Solutions PEOs (Professional Employer Organizations) Introduction
11.23.4 OneSource Business Solutions Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.23.5 OneSource Business Solutions Recent Development
11.24 Pinnacle PEO
11.24.1 Pinnacle PEO Company Details
11.24.2 Pinnacle PEO Business Overview
11.24.3 Pinnacle PEO PEOs (Professional Employer Organizations) Introduction
11.24.4 Pinnacle PEO Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.24.5 Pinnacle PEO Recent Development
11.25 Synergy HR
11.25.1 Synergy HR Company Details
11.25.2 Synergy HR Business Overview
11.25.3 Synergy HR PEOs (Professional Employer Organizations) Introduction
11.25.4 Synergy HR Revenue in PEOs (Professional Employer Organizations) Business (2016-2021)
11.25.5 Synergy HR Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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