Global Relocation Management Service Market Professional Survey by Types, Applications, and Players, with Regional Growth Rate Analysis and Development Situation, from 2023 to 2028

SKU ID : Maia-24881656

No. of pages : 102

Publishing Date : 06-Sep-2023

According to the latest research, the global Relocation Management Service market size was valued at USD 32334.9 million in 2022 and is expected to expand at a CAGR of 2.9% during the forecast period, reaching USD 38375.14 million by 2028.


Relocation management services provide HR personnel and mobility professionals with relocation solutions. Relocation management professionals supply the necessary tools for companies and mobility professionals to track, administer, and manage relocation benefits and programs. These professionals offer services such as policy development and counseling, home sale assistance, relocation expense tracking, visa and immigration services, and rental or temporary housing assistance.



Short-term impact on the industry

The sudden onset of the COVID-19 pandemic has led to strict lockdown regulations in many countries, resulting in reduced or even disruption of relocation management services activities. COVID-19 can affect the global economy in three main ways: directly affecting production and demand, causing supply chain and market disruptions, and financially affecting companies and financial markets. The outbreak of the COVID-19 pandemic has seriously affected the operations of enterprises in all walks of life, indirectly affecting the development of international business and the expatriation of personnel, resulting in a decrease in the cooperation between enterprises on relocation management services. Moreover, during the epidemic, the border restrictions and policies in various countries and regions are relatively strict, which is not conducive to the development of relocation activities.



Impact of Russia and Ukraine War

The geopolitical conflict between Russia and Ukraine has a greater impact on the global energy and commodity markets, and the escalation of the conflict increases the possibility that commodity prices will remain high for a longer period of time. It exacerbates the threat of prolonged high inflation, thereby increasing the risk of stagflation and social unrest in developed and emerging countries. Automobiles, transportation, and chemicals have become relatively vulnerable industries, and related companies in these fields are more cautious in their decisions on expatriation needs and relocation benefits. The Russian economy is facing a deep recession, some businesses in Russia are restricted, local companies are more cautious about corporate spending and decisions related to foreign business, and the demand for expatriate relocation expenses has declined.



Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (47.82% in 2022).



Company Overview:

Cartus is one of the major players operating in the Relocation Management Service market, holding a share of 1.35% in 2022.



Cartus

Cartus is the trusted leader among global relocation companies, providing corporate relocation services to organizations of all sizes. They provide logistical relocation support, as well as international assignment compensation services, intercultural and language training, and consulting solutions.



SIRVA BGRS Worldwide, Inc.

SIRVA BGRS is a leading partner for corporations that outsource their mobility needs, relocating and moving their executives and staff globally. SIRVA BGRS offers an extensive portfolio of mobility services across over 190 countries, providing end-to-end solutions to companies of all sizes from every industry.



Segmentation Overview:

By type, Offline Service segment accounted for the largest share of market in 2022.



Online Service

Online Service mainly refers to the provision through the Internet

Relocation management service provides relocation solutions through online communication or software, including effective management and tracking of relocation and global mobility plans.



Offline Service

Offline Service mainly refers to the provision of relocation management service through direct offline communication. The service provider provides professionals or teams to contact the demander for consultation and communication.



Application Overview:

The market's largest segment by application is the segment Large Enterprises, with a market share of 84.2% in 2022.



This report elaborates on the market size, market characteristics, and market growth of the Relocation Management Service industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Relocation Management Service. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.



Key Points this Global Relocation Management Service Market Report Include:

Market Size Estimates: Relocation Management Service market size estimation in terms of revenue and sales from 2018-2028

Market Dynamic and Trends: Relocation Management Service market drivers, restraints, opportunities, and challenges

Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Relocation Management Service market

Segment Market Analysis: Relocation Management Service market revenue and sales by type and by application from 2018-2028

Regional Market Analysis: Relocation Management Service market situations and prospects in major and top regions and countries

Relocation Management Service Market

Competitive Landscape

and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.

Relocation Management Service Industry Chain: Relocation Management Service market raw materials & suppliers, manufacturing process, distributors by region, downstream customers

Relocation Management Service Industry News, Policies by regions

Relocation Management Service Industry Porters Five Forces Analysis



Key players in the global Relocation Management Service market are covered in Chapter 2:

Santa Fe Relocation
AMJ Campbell
Altair Global Relocation
CBRE Group
Aires
Cartus
Chipman Relocations
Graebel Companies, Inc.
NRI Relocation, Inc
Atlas Van Lines
Weichert Workforce Mobility Inc.
NEI Global Relocation
XONEX Relocation
SIRVA BGRS Worldwide, Inc.
WHR Group


In Chapter 6 and Chapter 9, on the basis of types, the Relocation Management Service market from 2018 to 2028 is primarily split into:

Online Service
Offline Service


In Chapter 7 and Chapter 10, on the basis of applications, the Relocation Management Service market from 2018 to 2028 covers:

Large Enterprises
SMEs


Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:

United States

Europe

China

Japan

India

Southeast Asia

Latin America

Middle East and Africa

Others



In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.



Chapter Outline

This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:



Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Relocation Management Service market size in terms of revenue, sales volume, and average price.



Chapter 2 analyzes the main companies in the Relocation Management Service industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.



Chapter 3 is an analysis of the competitive environment of Relocation Management Service market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.



Chapter 4 is an analysis of the Relocation Management Service industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.



Chapter 5 focuses on Relocation Management Service market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.



Chapters 6-8 have segmented the Relocation Management Service market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.



Chapters 9-11 provide detailed Relocation Management Service market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.



Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.



Years considered for this report:



Historical Years:

2018-2022

Base Year:

2022

Estimated Year:

2023

Forecast Period:

2023-2028

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