PUBLISHER: The Business Research Company | PRODUCT CODE: 1769973
PUBLISHER: The Business Research Company | PRODUCT CODE: 1769973
Handicapped placement service is a support-focused service that helps individuals with disabilities find suitable employment opportunities. It operates by assessing skills, offering vocational guidance, and matching job seekers with appropriate positions. Its primary goal is to promote equal employment opportunities and support the integration of disabled individuals into the workforce.
The main categories of handicapped placement services include education for the disabled, training for disabled persons, and disabled placement. Education for the disabled involves teaching and support provided to children and adults with disabilities to aid their learning and development. These services address various types of disabilities, such as physical, intellectual, sensory, and others, serving end users including individuals, organizations, government agencies, and more.
The handicapped placement service market research report is one of a series of new reports from The Business Research Company that provides handicapped placement service market statistics, including handicapped placement service industry global market size, regional shares, competitors with a handicapped placement service market share, handicapped placement service market segments, market trends and opportunities, and any further data you may need to thrive in the handicapped placement service industry. This handicapped placement service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The handicapped placement service market size has grown strongly in recent years. It will grow from $5.05 billion in 2024 to $5.48 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth during the historic period can be attributed to factors such as increasing awareness of disability inclusion, expansion of vocational rehabilitation programs, the rise of nonprofit advocacy groups, government funding initiatives, and an aging population with disability-related needs.
The handicapped placement service market size is expected to see strong growth in the next few years. It will grow to $7.53 billion in 2029 at a compound annual growth rate (CAGR) of 8.3%. The growth anticipated in the forecast period can be attributed to factors such as an increasing focus on corporate social responsibility, rising demand for inclusive hiring practices, expansion of remote work opportunities, growing government incentives for disability employment, and enhanced disability education and training programs. Key trends during this period include AI-powered job matching platforms, adaptive communication tools, technologies enabling remote work, machine learning for skill assessment, mobile apps supporting employment, and wearable assistive devices.
The growing need for a skilled workforce is expected to boost the handicapped placement service market significantly. A skilled workforce comprises individuals with specialized knowledge and training to perform specific occupational tasks efficiently. Increasing access to vocational training programs allows more people to develop job-specific skills, supporting workforce development. Handicapped placement services play a crucial role by offering targeted training and support to individuals with disabilities, improving their job readiness and facilitating suitable job matches. This approach promotes workplace inclusion and productivity. For example, in April 2023, the World Economic Forum reported that by 2027, 44% of core employee skills are expected to change substantially. This evolving skills landscape drives demand for specialized placement services, fueling market growth.
Leading companies in the handicapped placement service market are introducing scholarship programs to improve employment opportunities for people with disabilities. Scholarship programs provide financial aid to support education, covering tuition, books, and sometimes living expenses. For instance, in October 2024, Indonesia-based PT Jababeka Tbk launched the Ready-to-Work Disability Scholarship Program, offering specialized office administration training alongside mentorship and internships with partner companies to help participants gain real-world experience and improve job placement prospects.
In November 2022, Australia-based APM Human Services International Limited acquired US-based Equus Workforce Solutions from BrightSpring Health Services Inc. for $150 million. This acquisition aims to enhance APM's footprint in North America and strengthen its vocational training and job placement services for individuals with disabilities, supporting its mission to enable sustainable employment across the United States.
Major players in the handicapped placement service market are The Adecco Group AG, Randstad N.V., Recruit Holdings Co Ltd., ManpowerGroup Inc., Allegis Group Inc., Hays plc, Robert Half International Inc., Kelly Services Inc., Maximus Inc., Groupe Synergie, Groupe Crit S.A., PrideStaff Inc., Ex Libris Group, Remploy Limited, Goodwill Industries International Inc., Proact IT Group AB, CVGT Australia Ltd, employU Inc., Arc Industries, and Evenbreak Limited.
North America was the largest region in the handicapped placement service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in handicapped placement service report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the handicapped placement service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The handicapped placement service market includes revenues earned by entities by providing services such as career counseling, skills assessment, job training, resume building, interview preparation, employer coordination, workplace accommodation support, and post-placement follow-up services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Handicapped Placement Service Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on handicapped placement service market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for handicapped placement service ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The handicapped placement service market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.