Global Online Recruitment Platform Market Overview:
Online recruitment platform is also known as E-recruitment or an internet recruiting platform that allows businesses to use various internet-based solutions for online advertisement and job listing to hire the best candidate for the particular job role. In today’s time increasing use of internet and evolution of advanced technologies has made easier to scout candidates and conduct the interview. The platforms offer facilities for job seekers to upload their details and resumes online.
Growth Drivers
- Increasing Use of Online Recruitment Platforms for Potential Talent Scouting Across the Globe
- Increasing Use of the Internet and Advanced Technologies to Reach Bigger Audience
Roadblocks
- Sometimes It May Weaken the Quality of Talent Pool Due to Many Unsuitable Applications
Opportunities
- High Adoption by the SMEs Due to Its Cost-effectiveness and Flexibility
Challenges
- Due to the Tough Competitions, Recruiter Fail To Attract Good Employees
Competitive Landscape:
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Some of the key players profiled in the report are LinkedIn (United States), Monster (United States), Indeed (United States), CareerBuilder (United States), Naukri.com (India), Seek Limited (Australia), Zhilian Zhaopin (China), DHI Group, Inc. (United States), SimplyHired, Inc. (United States) and StepStone (Germany). Analyst at AMA Research see United States Players to retain maximum share of Global Online Recruitment Platform market by 2026. Considering Market by Vertical, the sub-segment i.e. BFSI will boost the Online Recruitment Platform market. Considering Market by Enterprise Size, the sub-segment i.e. Small & Medium Enterprises will boost the Online Recruitment Platform market.
In October 2018, Linked and Oracle announced the collaboration to help HR professionals meet the shifting demands of the talent economy. The new integrations between LinkedIn and Oracle HCM Cloud and Taleo Enterprise Edition will help HR teams attract, engage, and retain employees by growing their talent pool, improving the candidate experience, enhancing internal mobility, and increasing career development opportunities.
What Can be Explored with the Online Recruitment Platform Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Online Recruitment Platform Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Online Recruitment Platform
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Online Recruitment Platform 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 Online Recruitment Platform 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 New Entrants/Investors, Analysts and Strategic Business Planners, Online Recruitment Platform Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-users and Others.
This helps us to gather the data related to 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, USPTO, EPO, Annual reports, press releases etc.