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Global Online Recruitment Market: Size & Forecast With Impact Analysis Of COVID-19 (2020-2024)

Published on: Dec 2020 | From USD $900 | Published By: DAEDAL RESEARCH | Number Of Pages: 77

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.

Region Coverage

Asia Pacific
North America
Europe
Latin America
Middle East & Africa

Company Coverage

Microsoft Corporation (LinkedIn Corporation)
Recruit Holdings Co., Ltd.
Axel Springer SE (StepStone)
SEEK Limited

Executive Summary

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. Additionally, the process offers numerous benefits such as time saving, cost-effective, discover talented candidates from a remote location, etc.

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.

1. Executive Summary

2. Introduction

2.1 Recruitment: An Overview
2.1.1 Factors Influencing Recruitment

2.2 Recruitment Process
2.3 Online Recruitment: An Overview
2.4 Advantages and Limitations of Online Recruitment
2.5 Online Recruitment Segmentation

3. Global Market Analysis

3.1 Global Online Recruitment Market: An Analysis

3.1.1 Global Online Recruitment Market by Value
3.1.2 Global Online Recruitment Market by Application (Hotel, Computing, Accounting, Technical, Medical Care, Managerial, Sales & Marketing, Clerical and Other)
3.1.3 Global Online Recruitment Market by Region (Asia Pacific, North America, Europe, Latin America and Middle East & Africa)

3.2 Global Online Recruitment Market: Application Analysis

3.2.1 Global Hotel Online Recruitment Market by Value
3.2.2 Global Computing Online Recruitment Market by Value
3.2.3 Global Accounting Online Recruitment Market by Value
3.2.4 Global Technical Online Recruitment Market by Value
3.2.5 Global Medical Care Online Recruitment Market by Value
3.2.6 Global Managerial Online Recruitment Market by Value
3.2.7 Global Sales & Marketing Online Recruitment Market by Value
3.2.8 Global Clerical Online Recruitment Market by Value

4. Regional Market Analysis

4.1 North America Online Recruitment Market: An Analysis

4.1.1 North America Online Recruitment Market by Value
4.1.2 North America Online Recruitment Market by Application (Hotel, Computing, Accounting, Technical, Medical Care, Managerial, Sales & Marketing, Clerical and Other)
4.1.3 North America Online Recruitment Application Market by Value

4.2 Asia Pacific Online Recruitment Market: An Analysis
4.2.1 Asia Pacific Online Recruitment Market by Value

4.3 Europe Online Recruitment Market: An Analysis
4.3.1 Europe Online Recruitment Market by Value

4.4 Latin America Online Recruitment Market: An Analysis
4.4.1 Latin America Online Recruitment Market by Value

4.5 Middle East and Africa Online Recruitment Market: An Analysis
4.5.1 Middle East and Africa Online Recruitment Market by Value

5. COVID-19

5.1 Impact of Covid-19
5.2 Response of Industry
5.3 Regional Impact of COVID-19
5.4 Impact of COVID-19 on Recruitment Operations

6. Market Dynamics

6.1 Growth Drivers
6.1.1 Escalating Urban Population
6.1.2 Growing Smartphone Penetration
6.1.3 Emerging Number of Internet Users
6.1.4 Rising Youth Population
6.1.5 Surging Social Network Users

6.2 Challenges
6.2.1 Rapidly Changing Needs and Preferences
6.2.2 Negative Economic, Social and Geopolitical Conditions

6.3 Market Trends
6.3.1 Augmenting Adoption of Artificial Intelligence Technology
6.3.2 Increasing Machine Learning Technology
6.3.3 Implementation of Gamification

7. Competitive Landscape

7.1 Global Online Recruitment Market Players: A Financial Comparison

8. Company Profiles

8.1 SEEK Limited
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy

8.2 Axel Springer SE (StepStone)
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy

8.3 Recruit Holdings Co., Ltd.
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy

8.4 Microsoft Corporation (LinkedIn Corporation)
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy

List of Figures

Figure 1: Factors Influencing Recruitment
Figure 2: Recruitment Process
Figure 3: Online Recruitment Elements
Figure 4: Advantages and Limitations of Online Recruitment
Figure 5: Online Recruitment Segmentation
Figure 6: Global Online Recruitment Market by Value; 2015-2019 (US$ Billion)
Figure 7: Global Online Recruitment Market by Value; 2020-2024 (US$ Billion)
Figure 8: Global Online Recruitment Market by Application; 2019 (Percentage, %)
Figure 9: Global Online Recruitment Market by Region; 2019 (Percentage, %)
Figure 10: Global Hotel Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 11: Global Computing Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 12: Global Accounting Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 13: Global Technical Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 14: Global Medical Care Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 15: Global Managerial Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 16: Global Sales & Marketing Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 17: Global Clerical Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 18: North America Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 19: North America Online Recruitment Market by Application; 2019 (Percentage, %)
Figure 20: Asia Pacific Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 21: Europe Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 22: Latin America Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 23: Middle East and Africa Online Recruitment Market by Value; 2019-2024 (US$ Billion)
Figure 24: Global Urban Population; 1990-2050 (Percentage, %)
Figure 25: Global Smartphone Penetration; 2015-2021 (Percentage, %)
Figure 26: Global Internet Users; 2015-2019 (Billion)
Figure 27: Global Youth Population; 2019-2065 (Billion)
Figure 28: Global Social Network Users; 2017-2022 (Billion)
Figure 29: Global Artificial Intelligence Market Revenue; 2017-2025 (US$ Billion)
Figure 30: Global Machine Learning Market; 2020-2024 (US$ Billion)
Figure 31: SEEK Limited Sales Revenue; 2015-2019 (US$ Million)
Figure 32: SEEK Limited Sales Revenue by Segment; 2019 (Percentage, %)
Figure 33: SEEK Limited Sales Revenue by Region; 2019 (Percentage, %)
Figure 34: Axel Springer SE Revenue; 2015-2019 (US$ Billion)
Figure 35: Axel Springer SE Revenue by Segment; 2019 (Percentage, %)
Figure 36: Axel Springer SE Revenue by Region; 2019 (Percentage, %)
Figure 37: Recruit Holdings Co., Ltd. Revenue; 2015-2019 (US$ Billion)
Figure 38: Recruit Holdings Co., Ltd. Revenue by Segment; 2019 (Percentage, %)
Figure 39: Recruit Holdings Co., Ltd. Revenue by Region; 2019 (Percentage, %)
Figure 40: Microsoft Corporation Revenue; 2016-2020 (US$ Billion)
Figure 41: Microsoft Corporation Revenue by Segment; 2020 (Percentage, %)
Figure 42: Microsoft Corporation Revenue by Region; 2020 (Percentage, %)
Table 1: North America Online Recruitment Application Market by Value, 2019-2024 (US$ Billion)
Table 2: Global Online Recruitment Market Players: A Financial Comparison; 2019/2020

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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