The Business Research Company’s latest report HR Advisory Services Global Market Report 2020 covers HR Advisory Services market drivers, HR Advisory Services market trends, HR Advisory Services market segments, HR Advisory Services market growth rate, HR Advisory Services market major players, and HR Advisory Services market size. The report provides in-depth analysis of the impact of COVID-19 on the HR Advisory Services industry, along with revised market numbers due to the effects of the coronavirus.
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HR Advisory Services Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global HR advisory services market is expected to increase from $85.85 billion in 2019 to $86.82 billion in 2020 at a compound annual growth rate (CAGR) of 1.12%. The slow growth rate is mainly due to the COVID-19 outbreak that has led to restrictive containment measures involving social distancing, remote working, and the closure of industries and other commercial activities resulting in operational challenges. The market is then expected to recover and reach $106.75 billion in 2023 at a CAGR of 7.13%.
The report covers the HR Advisory Services market’s segments-
1) By Type: Compensation Consulting, Benefits Consulting, Human Resources Management Consulting, Actuarial Consulting, Strategic Consulting, Other.
2) By Service: Integration & Deployment, Support & Maintenance, Training & Consulting.
3) By End-Use: IT Services, Manufacturing, Financial Services, Mining And Oil And Gas, Construction, Others.
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