SpendEdge Forecasts a Spend Growth of over USD 6 Billion for the Employee Relocation Services Industry
LONDON--(BUSINESS WIRE)--Nov 21, 2019--
SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Employee Relocation Services Industry – Procurement Intelligence Report.
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Global Employee Relocation Services Industry Procurement Intelligence Report. (Graphic: Business Wire)
The technology and healthcare industries are witnessing an exponential rise in merger and acquisition activities. These activities are considered as the results of the global expansion of the industries, strong cash reserves, and improving profit margins. Consequently, such activities will create substantial requirements for employee relocation services to place resources in the newly established facilities across geographies. With the diminishing talent pools across most of the developed countries, governments are relaxing their immigration laws which are inviting skilled workforce from other countries. These factors are contributing to the spend growth of the employee relocation services industry to a significant extent accelerating the spend momentum at a CAGR of more than 3% through 2023.
“ Despite an initial setback in the spend growth owing to the popularity of the work-from-home culture in the US, an increase in the frequency of merger and acquisition activities will continue creating substantial demand for employee relocation services,” says SpendEdge procurement research analyst Tridib Bora.
SpendEdge’s sample reports are free of charge and contain multiple sections of the report that offer insights into the global and regional price trends, supply market scenario, procurement best practices, and more. Request a free sample report.
Some Insights into the Employee Relocation Services Price Trends
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What are the scopes of optimizing procurement spend in the employee relocation services industry?
The employee relocation services price trends indicate a substantial hike in suppliers’ overall production costs which will be ultimately compensated by buyers in the form of excess procurement spend. Strategic selection of employee relocation services suppliers will be the key to unlock avenues where buyers can compromise on their procurement spend.
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KEYWORD: UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: OTHER TRANSPORT TRUCKING HOME GOODS MANUFACTURING RETAIL TRANSPORT HUMAN RESOURCES REIT OTHER CONSTRUCTION & PROPERTY PROFESSIONAL SERVICES LOGISTICS/SUPPLY CHAIN MANAGEMENT RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY OTHER COMMUNICATIONS MARKETING COMMUNICATIONS PACKAGING
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