Online Recruitment Market to Witness Huge Growth CAGR of 7.2% by 2023: Key Players LinkedIn , CareerBuilder , Monster , SEEK , Zhilian , 51job

Online Recruitment market, Online Recruitment is through the use of IT technical in network systems, help enterprises to complete the recruitment process, through the third party recruitment website or Online Recruitment services, to complete the process of recruitment by using established database or search engine tools, mainly in the recruitment website, mainly in the recruitment website.Over the next five years, projects that Online Recruitment will register a 7.2% CAGR in terms of revenue, reach US$ 34500 million by 2023, from US$ 22800 million in 2017.

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Recruitment website has the advantage of long time, low fees, and more opportunities, can help job seekers to quickly and easily find job opportunities. The disadvantage lies in the existence of low recruitment information site authenticity, narrow range of segments, system imperfections and other risks.

At present, the recruitment website more fierce competition, diversified business model, which mainly includes: the first is through the traditional job board or advertising customers and achieve economies of scale pay income, this kind of business model is mainly in traffic exchange advertising, and strive for the small proportion from the technical users paying users, essentially belongs to the advertising and sales mode; the second category is the vertical recruitment website focused on segments, this kind of enterprise revenue comes mainly from the enterprise, two of job seekers, income mainly from paying corporate income and value-added services, enterprises, individuals and high-end talent seeking three party interaction model; the third is social based on the platform of social recruitment, the main use of payment function to users, enhanced charge account in advertising fees mode; the fourth is both the size effect The nature of the classification and vertical recruitment platform, this kind of enterprise business model continues the traditional Online Recruitment business model, including corporate membership fees, formulation and PPC, the main revenue from the merchant membership fee and online promotion fees, in addition to the employer within the recommended class, review class, Crowdsourcing class and class recruitment website search engine.

The high-end talent recruitment platform also begin to emerge. Social networks have also been more and more popular. In order to more accurately, quickly and effectively match positions and potential candidates, the online recruitment platform are paying more attention to their own ability of mining, sorting and analysis of the big data, and this will constitute its core competitiveness. The main drivers of the market here are: economic recovery, technology, internet thinking, and continued growth in the emerging market.

There are many online recruitment companies in the world， and the market concentration is more dispersed, and the top two players are Recruit and LinkedIn in 2016. The Online Recruitment Industry market has been growing fast in recent years; the players are facing the fierce competition in the market. Multinational and domestic companies together occupy a big market share of the online market through their quantity service and advance technology.

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This report presents a comprehensive overview, market shares and growth opportunities of Online Recruitment market by product type, application, key companies and key regions.

To calculate the market size, LP Information considers value generated from the sales of the following segments:

Segmentation by product type:
Permanent Online Recruitment
Part Time Online Recruitment
Segmentation by application:
Secretarial/Clerical
Accounting/Financia
Computing
Technical/Engineering
Professional/Managerial
Nursing/Medical/Care
Hotel/Catering
Sales/Marketing
Other Industrial/Blue Collar

The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
Recruit
LinkedIn
CareerBuilder
Monster
SEEK
Zhilian
51job
Naukri
StepStone
Dice Holdings
Glassdoor
SimplyHired
TopUSAJobs
104 Job Bank

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