Press release
Philippines Online Classifieds Market Outlook to 2021- Ken Research
Job Posting Philippines
Philippines Online Classifieds Industry
The Philippines is one of the fastest growing countries in terms of internet population in the world. Increasing internet users and rising e-commerce industry in the country has triggered the growth in the Philippines Online Classified industry. The market has increased from USD ~ million in 2011 to USD ~ million in 2016, growing at a CAGR of ~ % during the period. In terms of number of listings, market has grown from ~ million in 2011 to ~ million in 2016. Increasing internet penetration and online classified platforms have made it possible for the people to seek information about the products, vendors and platforms from where they should purchase new and used products. The growing acceptance of C2C ecommerce has provided opportunities for online classifieds market to expand and reach out to masses, resulting in the increasing volume of online classified ads and buy & sell transactions. Moreover, emerging new companies in the country has also supported the growth of the market.
Philippines Online Recruitment Classifieds
Online recruitment classifieds contributed USD ~ million revenues in 2016. Rising IT, automobile, education and BPO industry has given boost to the industry. Education sector is the largest contributor in online recruitment classifieds with the percentage share of ~% in terms of listings. BPO sector is the second largest sector in the industry. Sales and marketing is the third largest player with the share of ~% in terms of listing. The fourth largest player is Restaurant and food services (~ %), followed by arts/media (~ %) and others (~ %).
~% of the revenues in Philippines online recruitment classifieds market has been generated through recruiters. Revenue generation by job seekers was ~% in 2016. Full time jobs listings in the Philippines has dominated the market with the share of ~% in 2016 in terms of listings.
Philippines Online Real Estate Classifieds
Philippines online real-estate classifieds market was accounted at USD ~ million in terms of revenue in 2016. The total number of listings from real estate sector was ~ million in 2016. There was a shift in the preferences of consumers on exploring information on real estate through classifieds or finding brokers online from the traditional ways due to rise in internet penetration in Philippines.
Online residential classifieds contributed ~% of the listings in the overall online real estate classifieds market of the Philippines. Online classifieds of commercial and industrial property marked the share of listings as ~% in the overall online real estate classifieds market, owing to increased employment and infrastructural development in fast emerging economy of the Philippines. The number of real estate listings for sale in the Philippines Online Real Estate Classifieds Market has accounted for ~% share in total number of listings in 2016 followed by rent based listings. Revenue from advertisements was the major source of revenue for online property portals, and this segment contributed to nearly ~% of the market revenue followed by subscriptions (~ %) in 2016.
Philippines Online Automobile Classifieds
The Philippines online automobile market has witnessed a tremendous growth in past few years. The market was accounted at USD ~ million in 2016. It has been observed the automobiles purchase through online portals has flourished in last few years accounting on the steady economic growth, widespread use of internet and increase in sales of used vehicles in Philippines. The SUV & luxury cars have dominated the market of Philippines Online automobile classifieds with the share of ~% followed by sedan (~ %), hatchback (~ %) and others (~ %) in 2016.
Future Potential
Philippines online classifieds market is expected to grow at a rapid pace from 2017 to 2021 owing to rising number of Smartphone users, increasing awareness about online classifieds among customers, a shift of customers from new products to used products and increasing trust factor of Philippines towards digital platforms. New entrants are expected to grow in terms of number of listings and market share by revenue in future adding to the competition in online classifieds market. Strategic expansions by the existing market players via inorganic growth and innovative ease provided by tools and extra features would further assist in the growth of online classifieds market. The market will increase at a CAGR of ~% during 2017-2021 to reach at USD ~ million in 2021. Online Classifieds market will be majorly dominated by online recruitment classifieds in coming future followed by automobiles, real estates, electronics and others.
Key Topics Covered in the Report:
Philippines online classifieds market size
Philippines online classifieds market Segmentation (By types of listings, By paid & free listings)
Trends & Developments in Philippines online classifieds market
Restraints in Philippines online classifieds market
Philippines online recruitment classifieds market size
Philippines online recruitment classifieds market segmentation (By industry, By source of revenue, by part time & full time)
Philippines online recruitment classifieds market future Outlook
Philippines online real estate classifieds market size
Philippines online real estate classifieds market segmentation (By sector, by type of Property, By revenue segments, By type of customers)
Philippines online real estate classifieds market future Outlook
Philippines online automobiles classifieds market size
Philippines online automobiles classifieds market segmentation (By types of cars, By types of Models)
Philippines online automobiles classifieds market future Outlook
Market share for Philippines online recruitment classifieds market
Market share for Philippines online real estate classifieds market
Market share for Philippines online automobiles classifieds market
Competitive landscape for Philippines online classifieds market
Philippines online classifieds market Future Outlook and Projections
Customer Decision making matrix for Philippines online classifieds market
Analyst Recommendation
Macro Economic Variables Impacting Philippines online classifieds market
Philippines Classified Industry
Locanto Classified Philippines
Free Classified OLX Philippines
Post a Free Ad Philippines
Jobs Locanto Market Philippines
Free Classified Philippines
Job Posting Philippines
Real Estate Classified sites Philippines
Philippines Car Listing for Sale
List Free Classified Philippines
job Classified sites Philippines
Classifieds Posting Jobs Online
PostAd Philippines Classified Ad
Comparison Classified Sites Philippines
Filipino Classified Ads
Philippines Paid Listing Classified
Mitula Ph Classified Buy Sell
Sulit Olx Ph Online Classified
For More Details Visit : https://www.kenresearch.com/technology-and-telecom/it-and-ites/philippines-online-classified-market-report/106129-105.html
Related Reports by Ken Research
India Classified Market Outlook to 2020 - Rising Adoption of Online Channels and Growing Number of MSME to Foster Growth
Philippines Real Estate Market Outlook to 2020 - Driven by Rapid Growth of BPO Sector and Increased Demand of Retail and Commercial Properties
Indonesia Online Advertising Market Outlook to 2021- Significant Rise in Internet, Mobile and Social Media User Penetration to Drive Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
The report titled "Philippines Online Classifieds Market Outlook to 2021 - Growing Real Estate Market & Demand for Used Cars to Gain Traction in Future
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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