DUBLIN--(BUSINESS WIRE)--The "Europe Online Recruitment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Job Type (Permanent and Part-Time) and Application (Finance, Sales and Marketing, Engineering, IT, and Others)" report has been added to ResearchAndMarkets.com's offering.
According to a new market research study on "Europe Online Recruitment Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Job Type and Application," is expected to reach US$ 12,656.76 million by 2028 from US$ 7,384.59 million in 2021. The market is estimated to grow at a CAGR of 8% from 2021 to 2028. The report provides trends prevailing in the Europe online recruitment market along with the drivers and restraints pertaining to the market growth. Digitalization of all business processes including recruitment is the major factor driving the growth of the Europe online recruitment market. However, common worries faced in online recruitment hinder the growth of Europe online recruitment market.
In Europe, the COVID-19 pandemic has a different impact on different countries, as only selective countries have witnessed the rise in the number of cases and subsequently attracted strict, as well as prolonged, lockdown periods or social isolation norms. However, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their growth activities because of the robust healthcare systems. According to a new study from Eurostat, the European Union's statistical office, the unemployment rate remained relatively constant from September to December in 2020, with an annual increase of 7.5% percent in 2020 compared to that of 6.5% in 2019. According to a Eurostat report In December 2020, 16 million men and women were unemployed, which indicates a surge of 2 million over that in the previous year. This had a negative impact on the European online recruitment market. However, with the declining COVID-19 cases across the country on average as well as manufacturing units, hospitality sector, and retail stores resuming their normal course of business have propelled the demand for employees across the European countries. This has led to the increase in recruitment across the region in many industries, thereby bolstering the online recruitment market growth.
The Europe online recruitment market is segmented into job type, application, and country. In terms of job type, the online recruitment market is bifurcated into part-time, permanent. In 2020, the permanent segment held the largest share Europe online recruitment market. Based on application, the online recruitment market is categorized into finance, sales and marketing, engineering, IT, others. In 2020, the IT segment held the largest share Europe online recruitment market.
iPlaceUSA, Inc.; itForte; Info Edge (India) Ltd. (naukri.com); LinkedIn Corporation; SH Inc; StepStone GmbH; are among the leading companies in the Europe online recruitment market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2018, LinkedIn launched a new product to assist employers in managing candidate sourcing, interviewing, and hiring. LinkedIn is also experimenting with how it can assist businesses in improving their diversity by allowing recruiters to assess the gender proportions in a pool of candidates.
The report segments the Europe Online Recruitment Market as follows:
Europe Online Recruitment Market - By Job Type
- Permanent
- Part-Time
Europe Online Recruitment Market - By Application
- Finance
- Sales and Marketing
- Engineering
- IT
- Others
Europe Online Recruitment Market - By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Key Topics Covered:
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Online Recruitment Market - By Job Type
1.3.2 Online Recruitment Market - By Application
1.3.3 Online Recruitment Market - By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Online Recruitment Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Online Recruitment Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Combination of Technologies in Online Recruitment
5.1.2 Digitalization of All Business Processes Including Recruitment
5.2 Market Restraints
5.2.1 Common Worries Faced in Online Recruitment
5.3 Market Opportunities
5.3.1 Emulsion of Artificial Intelligence (AI) in Recruitment
5.4 Future Trends
5.4.1 Initiation of Fully Remote Companies and Social Media Recruiting
5.5 Impact Analysis of Drivers and Restraints
6. Online Recruitment Market - Europe Analysis
6.1 Europe Online Recruitment Market Overview
6.2 Europe Online Recruitment Market - Revenue and Forecast to 2028 (US$ Million)
7. Europe Online Recruitment Market Analysis - By Job Type
7.1 Overview
7.2 Europe Online Recruitment Market, By Job Type (2020 and 2028)
7.3 Permanent
7.4 Part-Time
8. Europe Online Recruitment Market Analysis - By Application
8.1 Overview
8.2 Europe Online Recruitment Market, By Application (2020 and 2028)
8.3 Finance
8.4 Sales and Marketing
8.5 Engineering
8.6 IT
8.7 Others
9. Europe Online Recruitment Market - Country Analysis
9.1 Overview
9.1.1 Europe: Online Recruitment Market - Revenue and Forecast to 2028 (US$ Million)
9.1.2 Europe: Online Recruitment Market, by Key Country
10. Impact of COVID-19 Pandemic on Europe Online Recruitment Market
10.1 Europe: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Merger and Acquisition
11.2 New Development
12. Company Profiles
Companies Mentioned
- Info Edge (India) Ltd. (naukri.com)
- iPlaceUSA, Inc.
- itForte
- LinkedIn Corporation
- SH Inc
-
StepStone GmbH
For more information about this report visit https://www.researchandmarkets.com/r/cn17h4
