Outplacement Services Procurement Intelligence Report, 2024 - 2030 (Revenue Forecast, Supplier Ranking & Matrix, Emerging Technologies, Pricing Models, Cost Structure, Engagement & Operating Model, Competitive Landscape)

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The global outplacement services category is anticipated to grow at a CAGR of 7.0% from 2024 to 2030. It is being driven by factors such as large-scale hiring and layoffs, protection against legal action, financial viability, growing globalization and the prevalence of remote work, and rising uptake of connected device applications and analytical solutions. In the past, outplacement was mostly known to businesses that offered skills-enhancement services.

Nevertheless, with the rapid advancement of technology, it is now imperative that employees be able to leave their jobs easily and conveniently. In order to preserve the company's identity and brand, over 79.9% of businesses across the globe believe that it is critical to assist departing employees. However, concerns such as the breach of personal employee data and the presence of fraudulent service providers may hinder the growth of the global category during the forecasted timeframe.

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