You are currently viewing GCC Labour Market Size To Grow At A CAGR Of 2.60% In The Forecast Period Of 2024-2032

GCC Labour Market Size To Grow At A CAGR Of 2.60% In The Forecast Period Of 2024-2032

GCC Labour Market Outlook

According to a new report by Expert Market Research titled, “GCC Labour Market Size, Share, Analysis, Report and Forecast 2024-2032″, the GCC labour market is projected to grow at a CAGR of 2.60% between 2024 and 2032. Aided by the increasing demand for labour to boost economic and industrial development and favourable labour laws in the region, the market is expected to grow significantly by 2032.

The GCC labour market plays a crucial role in driving economic growth and development in the region. The labour market encompasses a diverse range of occupations and sectors, including energy, construction, healthcare, education, and the burgeoning technology sector.

Get a Free Sample Report with Table of Contents@ https://www.expertmarketresearch.com/reports/gcc-labour-market/requestsample

The increasing demand for skilled workers is a significant driver of the GCC labour market growth. With the rapid evolution of technology and the shift towards knowledge-based economies, there has been a substantial demand for professionals equipped with specialised skills and qualifications. This demand is particularly pronounced in the burgeoning fields of information technology, healthcare, renewable energy, and finance, leading to a surge in opportunities for skilled professionals.

The growing trend of economic diversification in the region has further influenced the GCC labour market development. In an effort to reduce dependency on oil revenues, GCC countries have been actively promoting sectors such as tourism, manufacturing, logistics, and entertainment. This diversification has led to the creation of numerous job opportunities, thereby fuelling the growth of the labour market.

In addition to these factors, government initiatives aimed at labour market reform also play a significant role in shaping the GCC labour market growth. These include policies aimed at promoting employment among nationals, known as “nationalisation” or “Saudization” in the context of Saudi Arabia. These policies have led to a significant increase in the number of nationals in the labour market, contributing to its overall growth.

The expanding role of women in the workforce has also boosted the labour market. With increasing emphasis on gender equality and the empowerment of women, there has been a significant increase in female participation in the labour force across the GCC region. This trend is expected to continue, further propelling the GCC labour market expansion.

Read Full Report with Table of Contents@ https://www.expertmarketresearch.com/reports/gcc-labour-market

Moreover, the implementation of labour mobility policies in the region, allowing expatriate workers to change jobs without employer consent, has resulted in a more dynamic and flexible labour market. These policies are expected to attract a greater number of international workers, thereby expanding the labour force.

GCC Labour Market Segmentation

The market can be divided based on employment, end use, country of origin, and country.

Market Breakup by Employment

  • Unskilled
  • Clerical
  • Management
  • Skilled
  • Professional

Market Breakup by End Use

  • Oil and Gas
  • Infrastructure
  • Manufacturing
  • Healthcare
  • Hospitality
  • Retail
  • Logistics
  • Telecom
  • Agriculture
  • Others

Market Breakup by Country of Origin

  • India
  • Pakistan
  • Bangladesh
  • Sri Lanka
  • South East Asia
  • European Union
  • Others

Market Breakup by Country

  • Saudi Arabia
  • United Arab Emirates
  • Oman
  • Qatar
  • Kuwait
  • Bahrain

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the GCC labour companies.

Read More Reports

Nand Flash Memory Market: https://www.expertmarketresearch.com/reports/nand-flash-memory-market

Heat Treating Market: https://www.expertmarketresearch.com/reports/heat-treating-market

Hardware In The Loop Market: https://www.expertmarketresearch.com/reports/hardware-in-the-loop-market

Offshore Drilling Rigs Market: https://www.expertmarketresearch.com/reports/offshore-drilling-rigs-market

About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today’s competitive market.

Don’t miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation’s future success by acquiring one of our Expert Market Research reports today.

Media Contact

Company Name: Claight Corporation
Contact Person: Christopher, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com

Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.