Online Recruitment Market Sees Spur in Growth Due to Increased Emphasis on Automation in the Hiring Process

"According to SNS Insider, the Online Recruitment Market size was estimated at USD 10.23 Bn in 2022, and is expected to reach USD 30.99 Bn by 2030, with a growing healthy CAGR of 14.86% over the forecast period 2023-2030."

Online Recruitment Market Scope and Overview:

An overview of the target market, including concepts, classifications, implementations, and the industrial chain structure, is provided in the worldwide Online Recruitment Market research summary. Emerging markets have access to information about international business, such as growth trends and evaluations of the competitive environment. The market research report offers a comprehensive look into the future. This research report carefully examines the market growth prospects for both the global and regional markets. The proportion of sales of consumer goods generated is considered when estimating market size.

The end users and consumer goods that drive industry growth and sales are identified through this research. In a same vein, the survey provides useful details regarding supply chain challenges that Online Recruitment Market participants anticipate encountering in the upcoming months, as well as the solutions required to deal with them. The report examines the main developments, market drivers, and market segmentation. Investigated are how the market affects a range of variables, such as market dynamics, growth drivers, restraints, risks, and opportunities.

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Major Key Players Included are:

• SmartRecruiters
• HireVue Inc
• Yello
• BambooHR LLC
• TalentLyft
• Flair.hr
• Fountain
• Recruitee
• Avature
• TestGorilla
• Seek Limited
• Guru
• Monster Worldwide Inc
• CareerBuilder LLC
• ManpowerGroup Inc
• Upwork Inc
• Others

Market Segmentation:

The Online Recruitment Market is divided based on product type, application, end-use, and geographical location. Market factors, controls, drivers, constraints, and drives, as well as limits, are all present in business patterns and high-growth categories. This new market research report provides a strategic assessment as well as a thorough analysis of the corporate strategies, tactics, brands, and production capacities of the major industrial leaders throughout the world.

Market Segmentation and Sub-Segmentation included are:

By Job Type:
• Secretarial or Clerical
• Accounting and Financial
• Computing
• Technical and Engineering
• Professional or Managerial
• Medical
• Hotel or Catering
• Sales or Marketing
• Other Industrial or Blue Collar

By Technology Type:
• Chatbot
• Candidate Relationship Management Platform
• Application Tracking System
• Video Interviewing

By Application:
• Finance
• Sales and Marketing
• Engineering
• IT
• Others

Russia-Ukraine War Impact on Online Recruitment Market:

Markets have been more erratic than usual since late 2021, well before Russia invaded Ukraine. Agriculture prices have already increased as a result of this conflict and the ongoing repercussions of the COVID-19 epidemic, which may have an effect on global markets.

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Regional Analysis:

The research includes a market competition analysis and a model assessment of SWOT analysis to help businesses evaluate the competitive position of top firm suppliers. The development of the global Online Recruitment Market over the course of the projected period will be significantly impacted by recent developments and key technologies, which will be examined in the report. The report offers market analysis for every geographical region as well as a cross-sectional perspective of the world economy. Additionally, it shows the many opportunities, restrictions, and expansions that are anticipated to have a direct influence on business outcomes.

Competitive Scenario:

In addition to examining well-known organizations from the past and present, the P2P Payment research study also examines their marketing approaches, industry contributions, and current and emerging trends. The study then turns to a variety of industrial problems that could either help or hurt future corporate growth. The major suppliers and players in the sector are included in the worldwide market research report, as are each of their particular business plans.

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Table of Contents - Major Key Points:

1. Introduction
2. Research Methodology
3. Market Dynamics
4. Impact Analysis
4.1. COVID-19 Impact Analysis
4.2. Impact of Ukraine- Russia war
4.3. Impact of ongoing Recession on Major Economies
5. Value Chain Analysis
6. Porter's 5 Forces Model
7. PEST Analysis
8. Online Recruitment Market Segmentation, By Job Type
9. Online Recruitment Market Segmentation, By Technology Type
10. Online Recruitment Market Segmentation, By Application
11. Regional Analysis
12. Company Profiles
13. Competitive Landscape
14. USE Cases and Best Practices
15. Conclusion

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Akash Anand - Head of Business Development & Strategy
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