Asia Pacific On-Demand Staffing Platform Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis – by Deployment (On-Premise and Cloud), Enterprise Size (Small and Medium Enterprises and Large Enterprises)


No. of Pages: 71    |    Report Code: BMIRE00027903    |    Category: Technology, Media and Telecommunications

Asia Pacific On-Demand Staffing Platform Market
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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 Revenue and Forecast to 2028 (US$ Million)
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Asia Pacific On-Demand Staffing Platform Strategic Insights

Strategic insights for the Asia Pacific On-Demand Staffing Platform provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia Pacific On-Demand Staffing Platform Report Scope

Report Attribute Details
Market size in 2022 US$ 33.99 Million
Market Size by 2028 US$ 83.93 Million
Global CAGR (2022 - 2028) 16.3%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Deployment
  • On-Premise and Cloud
By Enterprise Size
  • Small and Medium Enterprises and Large Enterprises
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Hire an Esquire Inc
  • Snagajob.com Inc
  • Traba Inc
  • Ubeya Technologies Ltd
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    Asia Pacific On-Demand Staffing Platform Regional Insights

    The geographic scope of the Asia Pacific On-Demand Staffing Platform refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    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.

    The List of Companies - Asia Pacific On-Demand Staffing Platform Market

    1. Hire an Esquire Inc
    2. Snagajob.com Inc 
    3. Traba Inc 
    4. Ubeya Technologies Ltd  
    Frequently Asked Questions
    How big is the Asia Pacific On-Demand Staffing Platform Market?

    The Asia Pacific On-Demand Staffing Platform Market is valued at US$ 33.99 Million in 2022, it is projected to reach US$ 83.93 Million by 2028.

    What is the CAGR for Asia Pacific On-Demand Staffing Platform Market by (2022 - 2028)?

    As per our report Asia Pacific On-Demand Staffing Platform Market, the market size is valued at US$ 33.99 Million in 2022, projecting it to reach US$ 83.93 Million by 2028. This translates to a CAGR of approximately 16.3% during the forecast period.

    What segments are covered in this report?

    The Asia Pacific On-Demand Staffing Platform Market report typically cover these key segments-

    • Deployment (On-Premise and Cloud)
    • Enterprise Size (Small and Medium Enterprises and Large Enterprises)

    What is the historic period, base year, and forecast period taken for Asia Pacific On-Demand Staffing Platform Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific On-Demand Staffing Platform Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Asia Pacific On-Demand Staffing Platform Market?

    The Asia Pacific On-Demand Staffing Platform Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Hire an Esquire Inc
  • Snagajob.com Inc
  • Traba Inc
  • Ubeya Technologies Ltd
  • Who should buy this report?

    The Asia Pacific On-Demand Staffing Platform Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia Pacific On-Demand Staffing Platform Market value chain can benefit from the information contained in a comprehensive market report.

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