As per the report by iSay Insights, the global Online Recruitment Platform Market size is projected to reach USD 30.94 Billion by 2032, at a CAGR of 15.7% during the forecast period.

iSay Insights estimates that the global market for Online Recruitment Platform was worth USD 11.48 billion in 2023 and is expected to increase by and USD 30.87 billion by 2030, with a CAGR of 15.2% over the forecast period. The market will be driven by a focus on hiring process automation. This data is provided in research by iSay Insights titled “Global Online Recruitment Technology Market Forecast, 2023-2030.

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Due to the increase in job opportunities, there is a growing demand for online recruiting platforms to manage recruitment processes, such as resume management, employee screening, evaluation tools, and others. One of the main factors driving the market is the substantial outsourcing of traditional workplace employment processes to online recruitment platforms. The fourth industrial revolution and the digital transformation have improved the online recruitment market and brought about a new wave of work opportunities.

Key Takeaways

The increasing spending by key companies on introducing fraud solutions across different industries, such as BFSI, healthcare, manufacturing, and others, is projected to fuel market growth.
Increasing Demand for Cloud-based Solutions across the Healthcare Industry to Aid Growth
Growing Adoption of Cloud Increased the Adoption Rate of Fraud Detection Solutions
By Solution Analysis: Rising Demand for Authentication Solutions to Aid Market Growth
Online Recruitment Technology Market Size in North America was USD 15.44 Billion in 2022
Discover the Leading Players Featured in the Report:

Companies leading the Online Recruitment Platform Market are
Recruit, LinkedIn, CareerBuilder, Monster, SEEK, Zhilian, 51job, Naukri, StepStone, Dice Holdings, Glassdoor, SimplyHired, TopUSAJobs, 104 Job Bank

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Drivers Restraints:

Emphasizing Automation to Support Market Expansion in the Hiring Process

Due to the advancement of internet technology, the manner in which the online recruitment process is conducted has evolved significantly in recent years. Companies and governmental organizations are currently concentrating on making a significant shift away from the traditional method of employing services in Favor of more efficient, practical approaches. Nowadays, more companies employ e-recruitment platforms rather than more traditional hiring methods. Additionally, more job seekers are using the internet to search for and apply for jobs. To create the appropriate candidate pool for recruitment on their platforms or through online job portals, businesses need to create compelling, rich material that is easy to use and user-friendly. The market share of online recruitment technologies will rise as a result of these considerations.

Since not all providers of online recruitment technology services offer a comprehensive evaluation of reports, it can be difficult to determine what is effective and how to improve marketing. This may limit the growth of the online recruitment technology industry.

Segments:

Type of Online Recruitment Platform analyzed in this report are as follows:

Permanent Online Recruitment
Part Time Online Recruitment
Some of the key Application Type of Online Recruitment Platform are:

Secretarial/Clerical
Accounting/Financial
Computing
Technical/Engineering
Professional/Managerial
Nursing/Medical/Care
Hotel/Catering
Sales/Marketing
Other Industrial/Blue Collar
Construction
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