Market Highlights: Recently, information and communication technologies have introduced new practices in human resource management functions such as electronic recruitment. Job seekers submit their résumé online or send it directly to a company. The e-recruiting sector is faced with a growing number of these documents, which are available in various formats and contain a large amount of information. Then it has become imperative to use automated techniques to identify, extract, and use information from résumés to find the most appropriate one for a given post. The idea behind e-recruiting is simple. Potential candidates post their résumés on a database on the Internet where companies can search thousands of résumés from people looking for a job that matches their qualifications. CV analysis is therefore an essential feature in electronic recruiting technology as the recruiter needs to find the most suitable candidate. However, there are several issues that hinder the e-recruiting process on several levels. It is difficult to manage a large number of resumes that come in various forms on the internet. These problems can lead to the exclusion of interesting candidates due to the variety of broadcast media. The market study is being classified by Type (Full-time Recruitment and Part-time Recruitment), by Application (SMEs and Large Enterprises) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Web-based Recruitment are Recruit (Japan), LinkedIn Corporation (United States), CareerBuilder LLC (United States), Monster (United States), Seek Limited (Australia), Zhilian (China), 51job Inc. (China), Naukri (India), StepStone (Germany), DHI Group, Inc. (United States), Glassdoor (United States), Simply Hired Inc. (United States), TopUSAJobs.com (United States) and 104 Job Bank (Taiwan).
On 10th October 2018, LinkedIn had launched a new product so as to help the employers to manage the sourcing, interviewing, and hiring of the candidates. LinkedIn has also made a foray into helping the businesses improve their diversity, by allowing the recruiters to assess the gender proportions in a pool of candidates.
Key Questions Answered in the Report What will the Web-based Recruitment Market size and the growth rate be in Future? What are the key factors driving the Web-based Recruitment Market? What are the key market trends and macro-economic impacting the growth of the Web-based Recruitment Market? What are the challenges to market growth? Who are the key vendors in the Web-based Recruitment Market? What are the market opportunities and threats faced by the vendors in the Web-based Recruitment Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Web-based Recruitment Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Web-based Recruitment market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Web-based Recruitment market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Providers of Web-based Recruitment, End-Users, Potential Investors, Market Research Firms and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.