Online Recruitment Market Scope
Online Recruitment is a process of sourcing talent through the internet, it provides the advantage of a long time, low fees, and more opportunities for the job seekers and can help them to quickly and easily find job opportunities. Many Major players were looking for a hustle-free platform where they could online recruit the employees hence the market for online recruitment came into existence. Hence the process of online recruitment makes it easy for an employer/ employee to find their perfect match for all the designations and profiles. Thus, nowadays all the major companies are recruiting through the internet which is further driving the growth of the global online recruitment market during the forecast period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | LinkedIn (United States), CareerBuilder (United States), Monster (United States), Seek Limited (Australia), Zhilian (China), 51job (China), Naukri (India), StepStone (Germany), Dice Holdings (United States) and Glassdoor (United States) |
CAGR | % |
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Online Recruitment market throughout the predicted period.
LinkedIn (United States), CareerBuilder (United States), Monster (United States), Seek Limited (Australia), Zhilian (China), 51job (China), Naukri (India), StepStone (Germany), Dice Holdings (United States) and Glassdoor (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are SimplyHired (United States), TopUSAJobs (United States), 104 Job Bank (Taiwan), Indeed (Recruit Holdings) (United States) and Robert Half International (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Online Recruitment market by Type , by Application (Secretarial/Clerical, Accounting/Finance, Computing, Technical/Engineering, Professional/Managerial, Nursing/Medical/Care, Hotel/Catering, Sales/Marketing and Other Industrial/Blue Collar) and Region with country level break-up.
On the basis of geography, the market of Online Recruitment has been segmented into 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).
region held largest market share in the year 2022.
On 10th October 2018, LinkedIn launched a new product to help employers manage the sourcing, interviewing, and hiring of candidates. LinkedIn is also making a foray into how it can help businesses improve their diversity, by allowing recruiters to assess the gender proportions in a pool of candidates
Influencing Trend:
Adoption of Social Media, Big Data, Mobile Technology, and Artificial Intelligence is Expected to Emerge in the Global Online Recruitment Market and Increase in the Use of AI-Powered Searches
Market Growth Drivers:
Increasing Unemployed Population Globally and Growing Usage of Social Media and Easy Access to Hassle-Free Job Information
Challenges:
The Narrow Range of Segments in These Websites, Concerns Related To the System Imperfections and Other Risks and Lack of Knowledge about Online Recruitment in Some Emerging Nations
Restraints:
Issue Related to the Existence of Low Recruitment Information Site, Lack of Authenticity for These Websites and Availability of Different Methods Such as Traditional Methods in the Market
Opportunities:
Rising Number of Employers and Job Seekers who are seeking to Adopt E-Recruitment Services and Easy Access by the Employees through Online Recruitments
Key Target Audience
Potential Investors, Government Bodies and Associations, IT Sectors, Up and Down Stream Vendors for online recruitment and Others