GITNUX MARKETDATA REPORT 2024

Staff Augmentation Industry Statistics

The staff augmentation industry is expected to grow steadily, driven by the increasing demand for flexible workforce solutions and cost-effective staffing options.

Statistic 1

"The global staff augmentation market is expected to grow by more than USD 34 billion between 2019 and 2023."

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Statistic 2

"North America is projected to dominate the global staff augmentation industry."

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Statistic 3

"Staff augmentation services constitute 28.3% of the global outsourcing market."

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Statistic 4

"By 2028, Staff Augmentation Industry is expected to exceed $161.1 billion."

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Statistic 5

"IT sector accounts for 13.7% of staff augmentation services worldwide."

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Statistic 6

"The staff augmentation market reached a valuation of $45.14 billion in 2019."

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Statistic 7

"The Asia Pacific is expected to grow at the highest CAGR in the IT Staff Augmentation industry."

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Statistic 8

"The Staff Augmentation industry employs over 1.2 million individuals globally."

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Statistic 9

"In 2020, the staff augmentation industry in the U.S generated a revenue of $4.4 billion."

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Statistic 10

"Over 60% of U.S IT firms used staff augmentation to deliver projects in 2018."

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Statistic 11

"The global staff augmentation market is projected to grow at a CAGR of 5.41% till 2025."

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Statistic 12

"47% of companies view staff augmentation as a strategy to better manage budgets."

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Statistic 13

"IT staff augmentation services sector in Latin America is forecasted to cross $10 billion by 2023."

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Statistic 14

"Staff augmentation spending reached $132.9 billion in 2020."

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Statistic 15

"75% of businesses use IT staff augmentation services to complete challenging projects on time."

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Statistic 16

"In 2019, SMEs accounted for over 60% of the staff augmentation market share."

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Statistic 17

"Industry sectors such as banking and financial services contribute up to 35% to the global staff augmentation market."

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Statistic 18

"The staffing augmentation industry in Europe is expected to have a growth rate of 6.2% by 2027."

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Statistic 19

"The staff augmentation market in China was estimated at $5.5 billion in 2020."

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