The professional employer organization (PEO) market was valued at USD 48.69 billion in 2019 and is expected to reach USD 140.29 billion by 2029, with a CAGR of 11.4% during the forecast period, 2020–2029. Increasing demand for HR outsourcing services, coupled with the rapid growth of SMEs and surging demand for cloud-based automated HR solutions to streamline the business function drives the market growth. On the contrary, data breaching, security concerns, and dependence on third party service providers hamper the market growth
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" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now