SIA estimates that the global direct hire market generated $58.2 billion (€55.3 billion) in revenue in 2022, representing year-on-year growth of 16% and accounting for 9% of total staffing revenue. The Asia-Pacific region holds the largest share of the market ($21.8 billion), with the United States the largest national market, generating over a quarter of the global total.
The top 50 direct hire firms cumulatively generate $9.5 billion, equating to 16% of the market. PageGroup is the largest provider, surpassing the $1 billion mark in revenue for the first time. Adecco Group and Manpower Group follow in second and third.
This report further provides insights into the performance of the top ten direct hire firms, highlighting the industry trends and drivers of success. Please note that across the globe, “direct hire” is referred to as “permanent placement” interchangeably.
Be sure to check out this comprehensive report to access further information on the leading staffing companies and gain deeper insights into the market.
