openPR Logo
Press release

Global Online Recruitment Market | Global Online Recruitment Industry | Online Recruitment Market Research Report: Ken Research

01-28-2021 08:37 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt Ltd

Global Online Recruitment Market | Global Online Recruitment

The Online recruitment is the process of hiring/apportioning the potential applicants for an appropriate and unoccupied job position, utilizing the electronic resources; particularly the internet. Employing is tracing a specific job and apportioning it with a suitable potential or favorite candidate.

According to the report analysis, ‘Global Online Recruitment Market to reach USD 42.88 billion by 2027’ states that the online recruitment market principally traces individuals that a recruiter or corporate can send to hiring managers for the determination of employment. Frequently, it starts with a job requisite (REQ) that comes in and further shadowed by the recruiter's analysis over the applicant's database.

Finally, the most appropriate applicant is further communicated by the recruiter. This system simplifies the recruitment of candidates from around the globe. This make the procedure more proficient and effective. The several candidates can apply from anywhere. The online recruitment is also the cost-effective manner of recruiting the candidate. All this aspect together underwrites to the growth of the online recruitment market.

Further, growth in utilization of Social media and informal access to hassle free job information due to the augment in digitization propels the market growth. For Instance: as per Internet world Stats, the internet users during 2019 augmented to 4.388 billion amounting to a penetration of 57%. Also, the active social media users augmented to 3.484 billion registering to a penetration of 45%.Also, the augmenting availability of candidates over the web has helped the market requirement. However, deduction in profitability owing to high level of competition limits the growth of the market over the forecast period of 2020-2027.

Whereas, the worldwide Online Recruitment Market is worth approximately USD 25.87 billion in 2019 and is projected to increase with a healthy growth rate of more than 6.52 % over the review period of 2020-2027. The regional analysis of worldwide Online Recruitment market is deliberated for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The North America is the leading/noteworthy region around the world in terms of market share due to the high implementation of technology. Whereas, the Asia-Pacific is also projected to exhibit maximum growth rate / CAGR over the review period of 2020-2027. Aspects such as rising populace coupled with growing digitization would generate lucrative growth prospects for the Online Recruitment market around the Asia-Pacific region.

Nonetheless, with the introduction of the internet technology, the manner of executing the recruitment procedure has evolves proficiently during the recent years. A proficient movement from the traditional approach or recruitment services to more productive, cost-proficient manners has become a central concern for the organizations and government organizations. Most of the corporates have implemented online recruiting podiums rather than the traditional recruitment methods. Not only has this, the potential job candidates became more comprised in finding and applying for the employment choices over the internet. To introduce the demanded pool of the candidates, corporates focus to establish compelling, rich content, user-friendly, and easy-to-use recruiting on their podiums or through online job portals. Therefore, in the near years, it is predicted that the market of online recruitment will increase around the globe more proficiently over the coming years.

For More Information, Click on the Link Below:-
https://www.kenresearch.com/technology-and-telecom/it-and-ites/online-recruitment-market/342954-105.html

Related Reports:-
https://www.kenresearch.com/education-and-recruitment/recruitment/online-recruitment-market/298235-99.html

https://www.kenresearch.com/technology-and-telecom/it-and-ites/online-recruitment-market/380983-105.html

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a Global aggregator and publisher of Market intelligence, equity and economy reports. Ken Research provides business intelligence and operational advisory in 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Serving over 70% of fortune 500 companies globally, some of top consulting companies and Market leaders seek Ken Research’s intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Online Recruitment Market | Global Online Recruitment Industry | Online Recruitment Market Research Report: Ken Research here

News-ID: 2232213 • Views: 316

More Releases from Ken Research Pvt Ltd

Global Male Hormonal Contraception Market Report 2020 by Key Players, Types, App …
Male Hormonal Contraception refers to a method of male birth control and this majorly avoids pregnancy which largely comprises the male physiology. Some of the most common types of male contraception practices include outer-course, vasectomy, condoms and many more. Request For Sample Report @https://www.kenresearch.com/sample-report.php?Frmdetails=MzQzNzgx According to the research report, ‘Global Male Hormonal Contraception Market Report 2020 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026 (Based on 2020 COVID-19 Worldwide
Global Agricultural Lubricant Market Size, Share, Upcoming Demand, Trends and In …
The global Agricultural Lubricant market was valued at 1806.63 Million USD in 2020 and will grow with a CAGR of 2.64% from 2020 to 2027, based on HNY Research newly published report. The prime objective of this report “Global and Regional Agricultural Lubricant Industry Status and Prospects Professional Market Research Report Standard Version 2021-2027” is to provide the insights on the post COVID-19 impact which will help market players in this
Global Dental Insurance Market - Growth, Trends, Covid-19 Impact, And Forecasts …
The Global Dental Insurance Market is projected to grow at a compound annual growth rate (CAGR) of 11.56% during the forecast period 2021-2027, according to the new report published by Gen Consulting Company. The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into ‘Global Dental Insurance Market 2021-2027’. It offers an exclusive insight into various details such as market size, key trends, competitive
Global Contactless Payments Market Size 2021 COVID-19 Impact Analysis by Busines …
The global contactless payments market is projected to grow at a compound annual growth rate (CAGR) of 21.09% during the forecast period 2021-2027, according to the new report published by Gen Consulting Company. The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global contactless payments market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape,

All 5 Releases


More Releases for Recruitment

Global Recruitment Market Growth
Market Research Mentor Data has launched a research report on the Global Recruitment Market that predicts future market trends and current market trends. It includes analytic data of the recruitment Market about growth rate, size, market trends, profitability, manufacturers, applications, historical data, popular regions, etc. The valuable detailed research report created by skilled industry experts, who are experienced in this research industry. This report on the Global recruitment Market will
Progressive Travel Recruitment expands amidst booming travel recruitment market
UNITED KINGDOM, 5 July 2017 – Global travel and hospitality recruitment leader, Progressive Travel Recruitment, is responding to the significant increase in demand for travel recruitment professionals worldwide by expanding its team of travel recruitment consultants. Rachel Chorlton, previously BDM at Flight Centre Travel Group, has joined Progressive in the role of Account Manager for Business Travel. Rachel will leverage her thorough understanding of business travel management and the business requirements
SB Recruitment - The Best Agency for Finance Recruitment in Sydney
SB Recruitment was developed out of the need to provide an outstanding quality of service to deal with Candidates as well as Clients' demands for a much better recruiting solution, one which far exceeds which normally found within the actual finance recruitment industry. Based inside the Sydney, but capable of recruit nationally, they are dedicated to building a long, rewarding, long-term relationships using their Clients, Prospects, Associates, Co-workers, Suppliers and also
Engineering Recruitment Company M65 Recruitment Launch Their New Website
M65 recruitment is a leading Engineering Recruitment Company who is setting the standard in their particular recruitment sector when it comes to their online presence with a new fully responsive website. Blackburn, England, United Kingdom., August 23, 2013 -- M65 recruitment is a leading Engineering Recruitment Company who is setting the standard in their particular recruitment sector when it comes to their online presence with a new fully responsive website. The
Online Recruitment
Online recruitment is fast becoming the dominant form of job hunting – both by candidates and those seeking them – swiftly usurping the days of searching through newspaper jobs listings then sending out hard-copy CVs. Recruiters and candidates are now finding that social media, however, is also becoming an integral part of the recruitment process. People looking to fill a job are able to check out their candidates' histories online, via
Netintelligence launches channel recruitment drive
Internet security company Netintelligence is seeking partners to expand its indirect channel selling its award-winning portfolio of Software as a Service (SaaS) solutions. The company, which has been awarded the ‘Claims Tested’ mark, the official government seal of approval for products and services, has almost a decade of experience in managing internet platforms and will provide dedicated sales and marketing support, direct access to its product experts and the right commercial