On-Demand Staffing Platform Market Statistics Report 2028

On-Demand Staffing Platform Market Forecast to 2028 - COVID-19 Impact and Global Analysis by Deployment (On-Premise and Cloud Based) and Enterprise Size (Small & Medium Enterprises and Large Enterprises)

Publication Month : Dec 2022

  • Report Code : TIPRE00016045
  • Category : Technology, Media and Telecommunications
  • Status : Published
  • No. of Pages : 138
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The on-demand staffing platform market is expected to grow from US$ 168.48 million in 2022 to US$ 386.24 million by 2028; it is expected to register a CAGR of 14.8% from 2022 to 2028.

On-demand staffing platform is a mobile marketplace that enables recruiting agencies to hire temporary workers, freelance professionals, and contingent staff for short-term positions. It allows candidates to share their work portfolios with companies, create online profiles, and search options for appropriate job openings based on their qualifications. Moreover, as it delivers a similar or higher-quality workforce compared to conventional sourcing channels, staffing companies are increasingly adopting on-demand staffing platforms to fill specific roles for temporary assignments. Furthermore, with consumers’ changing demands and needs, there is a rapid technological advancement in terms of new employee hiring application in the staffing industry that optimizes filling open job orders by providing a seamless mobile experience for candidates. In May 2019, Indeed acquired Syft, a UK-based staffing platform. In April 2021, the company rebranded as Indeed FlexTo. It developed the platform with a simpler and faster process by implementing cutting-edge HR-matching technology and registering high-quality temporary staff.

There is an increasing demand for instant employee hiring, mainly to fulfil the need for temporary and contingent workers. Also, with the advancements in technology and increasingly agile workplaces, staffing companies are focusing on improving their talent-sourcing capabilities with the help of on-demand staffing platforms. Additionally, a surge in the need for talent acquisition and management and a rise in the focus on candidate experience and employee engagement are among the major factors fueling the on-demand staffing platform market growth. However, the lack of flexibility to adapt to changing demand of employees and misconceptions about on-demand employment hiring among companies are factors limiting the on-demand staffing platform market growth. On the contrary, on-demand staffing platforms can transform temporary employee hiring by implementing technologies such as artificial intelligence (AI) and machine learning (ML), which is expected to create lucrative opportunities for the on-demand staffing platform market growth in the coming years.

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On-Demand Staffing Platform Market: Strategic Insights

on-demand-staffing-platform-market
Market Size Value inUS$ 168.48 Million in 2022
Market Size Value byUS$ 386.24 Million by 2028
Growth rateCAGR of 14.8% from 2022 to 2028
Forecast Period2022-2028
Base Year2022
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Impact of COVID-19 Pandemic on APAC On-Demand Staffing Platform Market

Online job postings in Japan, Australia, India, and China dropped significantly after the onset of the COVID-19 pandemic in 2020. The COVID-19 containment measures have increased the share of job postings advertising “working from home” as a necessary condition across several business verticals. Also, the pandemic adversely impacted the demand for jobs requiring lower qualifications and the need for workers such as doctors, nurses, community health workers, sanitation workers, police, and volunteers in ‘front-line’ sectors had increased for managing the pandemic situation. The staffing agencies are focused on hiring and providing an efficient workforce, mainly in the healthcare & retail industries, by publishing vacancies online via on-demand staffing marketplaces.

Furthermore, governments across several countries in Asia Pacific continue to support the development of skills that boost individuals’ resilience by meeting the demand from labor markets. They are providing adequate support to low-skilled workers through effective retraining and upskilling policies, which is anticipated to boost the adoption of on-demand staffing platforms helping online hiring for temporary staff in the region.

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Market Insights – On-Demand Staffing Platform Market

Focus on Candidate Experience and Employee Engagement Boost Demand for 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, which in turn boost the demand for on-demand staffing platform market.

Deployment-Based On-Demand Staffing Platform Market Insights

Based on deployment, the on-demand staffing platform market is bifurcated into on premise and cloud based. The cloud segment accounted for a larger share of the market in 2021. There has been a significant rise in the adoption of cloud-based software in the staffing industry. This is attributed to the fact that deploying this software is a simple process that incurs significantly low deployment costs. Additionally, cloud-based recruitment enhances easy-to-use social recruiting capabilities, providing on-demand video screening, advanced analytics, and onboarding solutions. By providing the ability to access the recruiting system from anywhere, cloud-based recruiting software allows one to access candidate data conveniently in one platform, which makes the candidate evaluation process more collaborative.

Players operating in the on-demand staffing platform market are mainly focused on developing advanced and efficient products.

  • In 2022, Traba announced that it raised US$ 20 million in a Series A funding round, led by Khosla Ventures with participation from Founders Fund, General Catalyst, SciFi VC and Atomic.
  • In 2020, Upshift Work LLC launched a new mobile app for clients. With the help of a mobile platform, the company’s clients can manage their Upshift account on-the-go. This new tool is being offered to our clients at no extra cost.

A few of the key players profiled in the on-demand staffing platform market are Appjobs Sweden AB; Graphite Solutions, Inc.; Hire an Esquire, Inc.; Instawork; MyWorkChoice; QWICK, INC.; Snagajob; Traba; Ubeya; and Wonolo Inc.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Deployment, and Enterprise Size

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Who are the major vendors in the on-demand staffing platform market?

Appjobs Sweden AB; Graphite Solutions, Inc.; Hire an Esquire, Inc.; Instawork; MyWorkChoice; QWICK, INC.; Snagajob; Traba; Ubeya; and Wonolo Inc. are the leading companies in the on-demand staffing platform market.

What are the future trend for on-demand staffing platform market?

The staffing industry is focusing on integrating skilled contractors into primary workforces. As the labor market continues to expand across all facets of business, companies seek to hire more contingent workers to control costs. Moreover, the demand for contingent workers is growing tremendously, primarily for freelance, gig, or contract work in addition to conventional employment. As a result, the staffing industry is moving toward contingent staffing, thereby becoming a major market trend.

Which region to dominate the on-demand staffing platform market in the forecast period?

North America held the largest share of the global on-demand staffing platform market in 2021. Primarily, the retail & hospitality industry is increasingly subcontracting their functional tasks toward assembling a virtual and temporary staff. The use of on-demand staffing platforms to further meet the demands of an unpredictable and highly dynamic work schedule is propelling the market growth in the region.

What are market opportunities for on-demand staffing platform market?

There is a rapid development of machine intelligence, advances in automation, and an unstoppable expansion of the Internet of Things (IoT) across hiring marketplaces. On-demand staffing platform providers continue to implement and invest in advanced technologies that seamlessly anticipate needs and deliver hyper-personalized experiences. Therefore, the adoption of artificial intelligence and machine learning technologies by on-demand staffing platform providers is anticipated to create lucrative growth opportunities in the coming years.

What are reasons behind on-demand staffing platform market growth?

There is an increasing demand for instant employee hiring, mainly to fulfil the need for temporary and contingent workers. Also, with the advancements in technology and increasingly agile workplaces, staffing companies are focusing on improving their talent-sourcing capabilities with the help of on-demand staffing platforms. Additionally, a surge in the need for talent acquisition and management and a rise in the focus on candidate experience and employee engagement are among the major factors fueling the on-demand staffing platform market growth.

The List of Companies - On-Demand Staffing Platform Market

  1. Appjobs Sweden AB
  2. Graphite Solutions, Inc.
  3. Hire an Esquire, Inc.
  4. Instawork
  5. MyWorkChoice
  6. QWICK, INC.
  7. Snagajob
  8. Traba
  9. Ubeya
  10. Wonolo Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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