May 13, 2022
According to the research report titled ‘Global Online Recruitment Market (2021 Edition) - Analysis By Type (Permanent, Part Time), Application (????nuf????tur??ng, F??n??n???u, ???urv?????us, ??th?urs), By region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)’, available with MarketStudyReport, global online recruitment market was worth USD 2.76 billion in 2020 and is anticipate to witness notable growth through 2026.
Growing focus on automation, expanding social media and smartphone penetration, improving efficiency in connecting with job seekers, and rising investments in R&D activities are the major growth determinants for global online recruitment market.
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Moreover, emergence of various technologies, such as interviewing software, applicant tracking software, and candidate relationship management software is boosting the industry trends over the analysis timeframe.
Notably, the advent of COVID-19 pandemic has dwindled the global economy by disrupting the supply chain and logistics activities, which in turn has impeded the industry size in the recent past.
Based on type terrain, global online recruitment market is split into part-time, and permanent. In terms of application ambit, the industry is divided into service industry, finance industry, manufacturing industry, and others.
Moving on, North America (U.S., Canada. Mexico, Brazil), Asia Pacific (India, China, Japan, South Korea) and Europe (Germany, Russia) are a few of the thoroughly examined regions of the world to discover opportunities and understand the ever-changing industry dynamics. As per the report, Asia Pacific market is poised to garner notable returns by the end of forecast duration.
Robert Walters Group, CPL Resources plc, Robert Half International Inc., Randstad N.V., 51job Inc., NEW WORK SE, Seek Limited, Info Edge Limited, HeadHunter, and Recruit Holdings Co. Ltd. are the leading players in worldwide online recruitment marketplace. These companies provide a wide pool of job searchers that can suit the needs of employers and recruiting firms. Some firms have also bought and partnered with other regional companies to broaden their portfolios and expand their geographic reach.