Core Insights - The global Employer of Record (EOR) market was valued at approximately USD 6.82 billion in 2025 and is projected to reach USD 7.45 billion in 2026, with an expected value of around USD 15.89 billion by 2035, reflecting a compound annual growth rate (CAGR) of about 9.24% from 2026 to 2035 [3][11]. Market Overview - The EOR services market enables businesses to hire foreign workers compliantly without establishing local subsidiaries, driven by increased talent mobility, remote work trends, and globalization [3][4]. - The demand for EOR services is rising due to companies expanding internationally, the growth of the gig economy, and talent shortages in local markets [4]. Technological Innovations - New technologies such as AI-based compliance checks, automated payroll processing, and unified HR systems are enhancing the efficiency and reliability of EOR providers [5]. - The emphasis on agile workforces and the adoption of affordable EOR solutions by SMEs are contributing to market growth [5]. Market Segmentation - The EOR market is segmented by service type, enterprise size, industry vertical, employment type, and region, with aggregator model EOR services being the most prevalent [6][19]. - The largest market share is held by direct sales and online platforms, which provide customized consultations and compliance assistance [7]. Regional Insights - North America is the largest market for EOR services, benefiting from a well-developed ecosystem, high remote work adoption, and advanced digital infrastructure [9][10]. - The Asia Pacific region is experiencing the fastest growth in the EOR market, driven by economic growth, technology advancements, and increasing cross-border talent needs [10]. Competitive Landscape - Key players in the EOR market include Globalization Partners, Velocity Global, Remote Technology Inc., Deel Inc., and others, focusing on innovative solutions and market expansion [17][14].

"Companies have realized they need people in the office."Canary Wharf Group CEO Shobi Khan discusses remote working with @annaedwardsnews and @GuyJohnsonTV, after back-to-back announcements from Visa and JPMorgan committing to London's financial district https://t.co/2Igww0Jkqo https://t.co/Vxr9lrr0sf ...

Key Findings - Deepfake technology is enabling fake job candidates to infiltrate the hiring process, posing a significant threat to organizations [3][4] - Gartner predicts that by 2028, 25% (1 in 4) of job candidates worldwide will be fake [3] - Vidoc Security Lab found that 16.8% (approximately 1 in 6) of job applicants are fake [6] - Resume Genius survey indicates that approximately 17% of U S hiring managers have encountered deepfake technology during video interviews [10] Impact and Risks - Deepfake scams have already cost companies millions of dollars worldwide, and the threat is growing [12] - AI-generated fraud, including deepfakes, could cost the U S financial sector up to $40 billion by 2027, up from $12 3 billion in 2023 [12] - Fake candidates can gain access to sensitive data, steal data, write malicious code, and leave the door open for other types of fraud [11][12] - Hiring fake candidates from sanctioned nations poses a national security concern, as salaries can fund illicit activities [20] Contributing Factors - The rise of remote working, accelerated by the pandemic, has contributed to the increase in deepfake job seekers [7][8] - Virtual interviews, while offering convenience and cost savings, have opened the door to new risks [9][10] Countermeasures and Concerns - Companies may need to adjust their hiring processes, potentially switching to offline interviews to combat the rise of fake candidates [22] - Concerns exist that the focus on avoiding fake candidates could lead to biases in hiring, favoring local candidates and in-person interviews [23] - The increased scrutiny and longer hiring processes may negatively impact genuine candidates [23][24]