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Pune, India - September 5, 2019 /MarketersMedia/ —

A new report added to the online inventory of Wise Guys Reports (WGR) reveals that the Global online recruitment Market was valued at $27.3 billion in 2019 and is anticipated to reach at 40.3 billion USD in 2024, with a significant growth of 8.1% over the forecast period.

Online recruitment is the process of sourcing talent through the internet. The Online Recruitment Industry market has been growing fast in recent years. All the major companies are recruiting through the internet driving the growth of the global online recruitment market during the forecast period.

The market grew not only through the adoption of e-recruitment services by employers and job seekers but also owing to the convenience and advantages such as wider audience reach, cost-effectiveness, time-saving model, process automation and others. Developments and trends such as social media, big data, mobile technology and artificial intelligence are expected to further drive this global online recruitment market.

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Key Players
The report has included a profiling of various prominent players in the market and different trends in the manufacturing landscape. It also identifies some of the new market entrants that are shaping the Online recruitment market landscape.

Recruit
LinkedIn
CareerBuilder
Monster
SEEK
Zhilian
51job
Naukri
StepStone
Dice Holdings
Glassdoor
SimplyHired
TopUSAJobs
104 Job Bank

 GLOBAL ONLINE RECRUITMENT MARKET: SEGMENTAL ANALYSIS

The global online recruitment market, in terms of segmental analysis has been divided based on type of recruitment, application and geography.

On the basis of the type of recruitment the market is segmented into part-time and permanent. The Permanent recruitment was valued at the largest and it is anticipated to grow in the forecast period too. While part-time is more preferred in developed countries such as the United States.

Based on the application type, the Online Recruitment market is segmented into Secretarial/Clerical, Accounting/Financial, Computing, Technical/Engineering, Professional/Managerial, Nursing/Medical/Care, Hotel/Catering, Sales/Marketing and Other Industrial/Blue Collar. Among these areas, Technical/Engineering is projected to continue its dominance in the global online recruitment. In addition, Secretarial/Clerical is projected to have the second largest share in the global online recruitment market

REGIONAL OUTLOOK

The Online Recruitment market, in terms of provincial scope, is divided into USA, Europe, Japan, China, India, and South East Asia. Asia Pacific was the largest region in the global online recruitment market and will continue its dominance in the worldwide online job market owing to the increasing demand for new recruits and replacements in the growing businesses. Latin America is expected to grow with the fastest CAGR of 9.1% reaching the value of USD 3.8 billion by the end of 2025. The main growth enablers in this region are shortage of qualified manpower to facilitate the growth of real estate, oil & gas, healthcare, hospitality and education sector along with others. The Middle East region is also driving the growth for global online recruitment market as the industry players across sectors are leveraging on e-recruitment to source the best talent across the world

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Source URL: https://marketersmedia.com/online-recruitment-market-2019-global-industry-key-players-trends-opportunities-growth-analysis-and-forecast-to-2024/88915686

Source: MarketersMedia

Release ID: 88915686