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Worldwide and U.S. HR Management Services 2005-2009 Forecast

Product Type: Market Research Report
Published by: IDC
Published: March 2005
Product Code: R104-19330
Description

This IDC study examines the competitive landscape and provides a five-year forecast for the worldwide and U.S. HR services market. In 2004, the economy showed further signs of recovery, although the growth in HR services in the United States did not grow as dramatically in 2004 as it did in 2003. This is largely due to the fact that 2002 was a very slow year for HR services in the United States because of the events of 9/11 and the resulting market rebound in 2003.

"The worldwide market for HR services showed moderate growth in 2004, although the market has seen some consolidation," said Lisa Rowan, program manager for HR Management and Staffing Services at IDC. "HR service providers have an opportunity to grow their businesses through the pursuit of several strategies, including expanding their offerings to encompass workforce optimization capabilities, delivering meaningful HR metrics, and simplifying their pricing models."

Table of Contents
Table of Contents
IDC Opinion
In This Study
Methodology
Situation Overview
HR Services Market Overview
Figure: Human Resources Value Cycle
Perspective on HR Services in 2004
Economic Factors for HR Services
Figure: U.S. Unemployment Rate, February 2004?January 2005
Market and Competitive Trends
Table: Major Vendor Events in HR Services in 2004 and Early 2005
Future Outlook
Table: IDC Macroeconomic and Macrolevel Services Assumptions Summary
Forecast and Assumptions
Worldwide HR Services
Table: Worldwide HR Management Services Spending by Geographic Region, 2004-2009 ($M)
Table: Key Forecast Assumptions for the Worldwide HR Management Services Market, 2005-2009
U.S. HR Services
Table: U.S. HR Management Services Spending by Segment, 2004-2009 ($M)
Table: Key Forecast Assumptions for the U.S. HR Management Services Market, 2005-2009
Essential Guidance
Actions to Consider
Learn More
Related Research
Synopsis
Ordering and More Information
Price and Delivery Options


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