Report ID: SQMIG20P2006
Report ID:
SQMIG20P2006 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
65 |
Figures:
75
North America is anticipated to dominate the global online recruitment market over the forecast period owing to rising use of social media platforms and other online services for recruiting that will support Online Recruitment Market growth in this region. The major firms in this region are also working on AI technologies to continue to dominate global technological advancements. Employers and recruiters in the region would be able to expand further recruiting-related administrative tasks, such as fielding questions, setting up interviews, and even doing preliminary candidate screenings due to recruitment marketing technologies and AI. This might boost output by more than 50%, giving recruiters more time to concentrate on technical responsibilities. Additionally, recruiters in the area use software and assessment tools to confirm the qualifications of the candidates.
Asia Pacific is predicted to hold the second-largest share in the global online recruitment industry due to the rapid adoption of AI in the region's key countries, including China, Japan, and India among others. Additionally, as business owners migrate to an automated hiring technique to stay up with technological improvements, talent acquisition and HR recruiters are seeing substantial growth.
Furthermore, Europe will continue to witness strong economic growth, which will help to create a welcoming work climate with high levels of confidence among employees and employers. The Online Recruitment Market in Europe will keep growing as long as engineering and IT organisations continue to employ quickly. With the growth of smaller businesses and larger competitors, recruiting efforts have increased among banking, legal, and HR organisations, helping to further enhance their Online Recruitment Market positions.
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Report ID: SQMIG20P2006