Online Recruitment Market to Witness Huge Growth by 2024| Top Key Players are Microsoft Corporation (LinkedIn Corporation), Recruit Holdings Co., Ltd., Axel Springer SE (StepStone) and SEEK Limited
Online recruitment is a process in which qualified candidates are recruited for a suitable job through the internet. In online recruitment process, a company or employer seeks out individuals for hiring firms globally, without on-site interviews. By online recruitment, the recruiter can access a large database of candidates and easily find the details of the desired candidate for the designation.
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Additionally, the process offers numerous benefits such as time saving, cost-effective, discover talented candidates from a remote location, etc.
Major Company Coverage in Global Online Recruitment Market Report:
• Microsoft Corporation (LinkedIn Corporation)
• Recruit Holdings Co., Ltd.
• Axel Springer SE (StepStone)
• SEEK Limited
Furthermore, through online recruitment employers can attract larger number of potential employees. Companies can also develop their e-recruitment platforms in-house, use e-recruitment HR software or employ recruitment agencies that utilise e-recruitment as part of their package.
Moreover, on the basis of application online recruitment market is segmented into, hotel, computing, accounting, technical, medical care, managerial, sales & marketing, clerical and other.
The global online recruitment market has increased at a steady pace over the years and the market is further expected to augment progressively during the forecasted years 2020 to 2024. The market would augment owing to different growth drivers such as escalating urban population, growing smartphone penetration, emerging number of internet users, rising youth population and surging social network users.
However, the market faces some challenges which are hindering the growth of the market. Some of the major challenges faced by the industry are: rapidly changing needs and preferences and negative economic, social and geopolitical conditions. Whereas, the market growth would be further supported by various market trends like augmenting adoption of artificial intelligence technology, increasing machine learning technology, implementation of gamification, etc.
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Scope of the Report
The report titled “Global Online Recruitment Market: Size & Forecast with Impact Analysis of COVID-19 (2020-2024)”, provides an in-depth analysis of the global online recruitment market with description of market sizing and growth. The analysis includes market by value, by application and by region. In addition, the report also provides detailed application and regional analysis.
Moreover, the report also assesses the key opportunities in the market and outlines the factors that are and would be driving the growth of the industry. Growth of the overall global online recruitment market has also been forecasted for the years 2020-2024, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Some of the major players operating in the global online recruitment market are Microsoft Corporation (LinkedIn Corporation), Recruit Holdings Co., Ltd., Axel Springer SE (StepStone), and SEEK Limited, whose company profiling has been done in the report. In this segment of the report, business overview, financial overview and business strategies of the respective companies are also provided.
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