Technavio has been monitoring the online recruitment market in us and it is poised to grow by USD 3.52 bn during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Online Recruitment Market in US 2020-2024 (Graphic: Business Wire)
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Frequently Asked Questions:
What are the major trends in the market?
Increase in the use of AI-powered searches is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 6.36% and the incremental growth of the market is anticipated to be $ 3.52 bn.
Who are the top players in the market?
CareerBuilder LLC, College Recruiter Inc., DHI Group Inc., LinkedIn Corp., Monster Worldwide Inc., OPTnation, Recruit Holdings Co. Ltd., Robert Half International Inc., The Select Group LLC, and TopUSAJobs.com., are some of the major market participants.
What are the key market drivers
The innovations in the hiring process is one of the major factors driving the market
How big is the Recruitment market?
The Recruitment region will contribute 79% of the market share
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. CareerBuilder LLC, College Recruiter Inc., DHI Group Inc., LinkedIn Corp., Monster Worldwide Inc., OPTnation, Recruit Holdings Co. Ltd., Robert Half International Inc., The Select Group LLC, and TopUSAJobs.com. are some of the major market participants. The innovations in the hiring process will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Online Recruitment Market in US 2020-2024: Segmentation
Online Recruitment Market in US is segmented as below:
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Online Recruitment Market in US 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The online recruitment market in us report covers the following areas:
Online Recruitment Market in US Size
Online Recruitment Market in US Trends
Online Recruitment Market in US Industry Analysis
This study identifies the increase in the use of AI-powered searches as one of the prime reasons driving the online recruitment market growth in US during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Online Recruitment Market in US 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist online recruitment market growth in US during the next five years
Estimation of the online recruitment market size in US and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the online recruitment market in US
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of online recruitment market vendors in US
Table of Contents:
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by End-user
Comparison by End-user placement
Recruitment/employers - Market size and forecast 2019-2024
Job seekers - Market size and forecast 2019-2024
Market opportunity by End-user
Market Segmentation by Industry
Comparison by Industry placement
Hospitality - Market size and forecast 2019-2024
Manufacturing - Market size and forecast 2019-2024
Healthcare - Market size and forecast 2019-2024
BFSI - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Industry
Volume drivers – External factors
Volume driver - Demand led growth
Market positioning of vendors
College Recruiter Inc.
DHI Group Inc.
Monster Worldwide Inc.
Recruit Holdings Co. Ltd.
Robert Half International Inc.
The Select Group LLC
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200929005759/en/