Asia Pacific 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)

TIPRE00023575 | Pages: 83 | Technology, Media and Telecommunications | Jul 2021 | Type: Regional | Status: Published

Market Introduction

The APAC online recruitment market is sub segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. It has enormous growth potential, with fast-growing countries such as China and India and developed countries such as Japan and Australia. The rise in smartphone and internet penetration in Asia Pacific countries is acting as a major opportunity for the key players in the online recruitment market. Rapid technological advances and policy support, as well as digitalization, are among the factors that are assisting the transition of economies in this region from the developing phase to the developed phase. APAC is projected to register the fastest CAGR in the global market during the forecast period. The region has robust IT infrastructure along with the access to strong software and services offerings. Every organization has unique recruiting needs, and as the organization grows, it needs change. Growth occurs so rapidly in some organizations, and it becomes almost impossible to meet the recruiting needs unless the process changes. For example, Groupon, operated as gaopeng.com in China, started operations in early 2011. Groupon is a daily deal website featuring regional and local deals on activities, restaurants, products, services, and more. Groupon is growing and presently operating in 48 countries. Fabian Kast, Groupon China's Head of Recruitment, met with the daunting task of setting up multiple offices across different cities with teams that were supposed to hire for various positions simultaneously. Using recruitment software from Recruiterbox made it easy for Groupon to employ an efficient workforce for different departments across different countries remotely. Thus, online recruitment helps saves traveling cost and time in recruiting in different countries at the same time. Of all internet users in APAC, over four in five use social networks. While Western job seekers leverage Facebook, LinkedIn, and Twitter, these networks remain blocked in China, where employers use WeChat and Sino Weibo to engage prospective candidates and attract them. The growing popularity of job boards and the increased internet penetration in this region are significant factors driving the online recruitment market in APAC.

The COVID-19 pandemic has severely impacted APAC due to wide disease spread; countries in this region are among the highly populated, which leads to the greater risk infection spread. Many global brands and technological companies are headquartered in the region. According to the Organization for Economic Co-operation and Development (OECD), the pandemic has affected major economies such as China, India, Australia, and Japan, which are experiencing inflation. The COVID-19 pandemic, according to the Asia–Pacific Employment and Social Outlook 2020, would have wiped out 81 million workers by 2020. As per the quarterly data available for 2020, employment levels fell in virtually all economies, compared to those in 2019. Working hours in Asia and the Pacific countries fell by 15.2% in the second quarter and 10.7% in the third quarter of 2020, compared to pre-crisis levels. Working-hour losses are also contributed to the fact that millions of people left the labor force or lost their jobs due to plummeted growth of enterprises. Thus, the online recruitment providers experienced adversely effects in APAC countries during the first three quarters of 2020. However, with the gradual opening of economic activity across the region, the demand for skilled workforce has begun to rise across all industries from the end of 2020, thereby contributing to the rise in demand of online recruitment across the region


Get more information on this report :



Market Overview and Dynamics

The online recruitment market in APAC is expected to grow from US$ 6,825.11 million in 2021 to US$ 12,467.50 million by 2028; it is estimated to grow at a CAGR of 9.0% from 2021 to 2028. Integration of Artificial Intelligence (AI) in recruitment; Several businesses use artificial intelligence in the HR, some way or another. AI is expected to be used in the recruiting process by businesses. AI for hiring refers to the use of artificial intelligence to solve problems in the same way that a machine does. The use of technology is assisting in the streamlining of high-volume activities in the recruitment process. Online application management is one of the ways AI is assisting businesses with the recruiting process. Applicant monitoring from recruiter databases involves many keywords and other data points that AI can easily filter and analyze. To speed up the hiring process, AI assists recruiters in sorting through thousands of resumes. This is bolstering the growth of the online recruitment market.

Key Market Segments

In terms of job type, the permanent segment accounted for the largest share of the APAC online recruitment market in 2020. In terms of application, the IT segment held a larger market share of the online recruitment market in 2020. Further, the energy & power segment held a larger share of the market based on end user in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the online recruitment market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ABC Consultants; Glassdoor, Inc.; Info Edge (India) Ltd. (naukri.com); iPlaceUSA, Inc.; itForte; LinkedIn Corporation; Multi Recruit; SH Inc; StepStone GmbH; TalenTECH Solutions Pvt Ltd (Hiring Plug); are among a few players operating in the APAC online recruitment market.

 

 

 

Reasons to buy report

  • To understand the APAC online recruitment market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC online recruitment market
  • Efficiently plan M&A and partnership deals in APAC online recruitment market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC online recruitment market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.

APACONLINE RECRUITMENT MARKETSEGMENTATION

APAC Online Recruitment Market – By Job Type

  • Permanent
  • Part-Time

 

APAC Online Recruitment Market – By Application

  • Finance
  • Sales and Marketing
  • Engineering
  • IT
  • Others

 

 

APAC Online Recruitment Market – By Country

  • Australia
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC

    

APAC Online Recruitment Market -Companies Mentioned

  • ABC Consultants
  • Glassdoor, Inc.
  • Info Edge (India) Ltd. (naukri.com)
  • iPlaceUSA, Inc.
  • itForte
  • LinkedIn Corporation
  • Multi Recruit
  • SH Inc
  • StepStone GmbH
  • TalenTECH Solutions Pvt Ltd (Hiring Plug)
 

TABLE OF CONTENTS

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners 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.             APAC Online Recruitment Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        APAC

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             APAC Online Recruitment Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Integration of Technologies in Online Recruitment

5.1.2        Digitalization of All Business Processes Including Recruitment

5.2       Market Restraints

5.2.1        Common Difficulties Faced in Online Recruitment

5.3       Market Opportunities

5.3.1        Integration of Artificial Intelligence (AI) in Recruitment

5.4       Future Trends

5.4.1        Emergence of Fully Remote Companies and Social Media Recruiting

5.5       Impact Analysis of Drivers and Restraints

6.             Online Recruitment Market – APAC Analysis

6.1       APAC Online Recruitment Market Overview

6.2       APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

7.             APAC Online Recruitment Market Analysis – By Job Type

7.1       Overview

7.2       APAC Online Recruitment Market, By Job Type (2020 and 2028)

7.3       Permanent

7.3.1        Overview

7.3.2        Permanent: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

7.4       Part-Time

7.4.1        Overview

7.4.2        Part-Time: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

8.             APAC Online Recruitment Market Analysis – By Application

8.1       Overview

8.2       APAC Online Recruitment Market, By Application (2020 and 2028)

8.3       Finance

8.3.1        Overview

8.3.2        Finance: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

8.4       Sales and Marketing

8.4.1        Overview

8.4.2        Sales and Marketing: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

8.5       Engineering

8.5.1        Overview

8.5.2        Engineering: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

8.6       IT

8.6.1        Overview

8.6.2        IT: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

8.7       Others

8.7.1        Overview

8.7.2        Others: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

9.             APAC Online Recruitment Market – Country Analysis

9.1       Overview

9.1.1        APAC: Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2        APAC: Online Recruitment Market, by Key Country

9.1.2.1      Australia: Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.1.1       Australia: Online Recruitment Market, by Job Type

9.1.2.1.2       Australia: Online Recruitment Market, by Application

9.1.2.2      China: Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.2.1       China: Online Recruitment Market, by Job Type

9.1.2.2.2       China: Online Recruitment Market, by Application

9.1.2.3      India: Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.3.1       India: Online Recruitment Market, by Job Type

9.1.2.3.2       India: Online Recruitment Market, by Application

9.1.2.4      Japan: Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.4.1       Japan: Online Recruitment Market, by Job Type

9.1.2.4.2       Japan: Online Recruitment Market, by Application

9.1.2.5      South Korea: Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.5.1       South Korea: Online Recruitment Market, by Job Type

9.1.2.5.2       South Korea: Online Recruitment Market, by Application

9.1.2.6      Rest of APAC: Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.6.1       Rest of APAC: Online Recruitment Market, by Job Type

9.1.2.6.2       Rest of APAC: Online Recruitment Market, by Application

10.          Impact of COVID-19 Pandemic on APAC Online Recruitment Market

10.1    Asia Pacific: Impact Assessment of COVID-19 Pandemic

11.          Industry Landscape

11.1    Merger and Acquisition

11.2    New Development

12.          Company Profiles

12.1    ABC Consultants

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2    Glassdoor, Inc.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3    iPlaceUSA, Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4    itForte

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5    Info Edge (India) Ltd. (naukri.com)

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6    LinkedIn Corporation

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7    Multi Recruit

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8    SH Inc.

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9    StepStone GmbH

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10 TalenTECH Solutions Pvt Ltd ( Hiring Plug )

12.10.1   Key Facts

12.10.2   Business Description

12.10.3   Products and Services

12.10.4   Financial Overview

12.10.5   SWOT Analysis

12.10.6   Key Developments

13.          Appendix

13.1    About The Insight Partners

13.2    Word Index

LIST OF TABLES

Table 1.             APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             Australia: Online Recruitment Market, by Job Type –Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia: Online Recruitment Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 4.             China: Online Recruitment Market, by Job Type –Revenue and Forecast to 2028 (US$ Million)

Table 5.             China: Online Recruitment Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 6.             India: Online Recruitment Market, by Job Type –Revenue and Forecast to 2028 (US$ Million)

Table 7.             India: Online Recruitment Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 8.             Japan: Online Recruitment Market, by Job Type –Revenue and Forecast to 2028 (US$ Million)

Table 9.             Japan: Online Recruitment Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 10.          South Korea: Online Recruitment Market, by Job Type –Revenue and Forecast to 2028 (US$ Million)

Table 11.          South Korea: Online Recruitment Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of APAC: Online Recruitment Market, by Job Type –Revenue and Forecast to 2028  (US$ Million)

Table 13.          Rest of APAC: Online Recruitment Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 14.              List of Abbreviation


LIST OF FIGURES

Figure 1.           APAC Online Recruitment Market Segmentation

Figure 2.           APAC Online Recruitment Market Segmentation – By Country

Figure 3.           APAC Online Recruitment Market Overview

Figure 4.           Permanent Job Type Segment held the Largest Share of APAC Online Recruitment Market

Figure 5.           IT Segment held the Largest Share of APAC Online Recruitment Market

Figure 6.           China to Show Great Traction During Forecast Period

Figure 7.           Asia-Pacific: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           APAC Online Recruitment Software Market: Impact Analysis of Drivers and Restraints

Figure 10.        APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        APAC Online Recruitment Market Revenue Share, by Job Type (2020 and 2028)

Figure 12.        Permanent: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Part-Time: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        APAC Online Recruitment Market Revenue Share, by Application (2020 and 2028)

Figure 15.        Finance: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Sales and Marketing: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Engineering: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        IT: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Others: APAC Online Recruitment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        APAC: Online Recruitment Market – Revenue by Country To 2028 (US$ Million)

Figure 21.        APAC: Online Recruitment Market Revenue Share, By Key Country (2020 and 2028)

Figure 22.        Australia: Online Recruitment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 23.        China: Online Recruitment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 24.        India: Online Recruitment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 25.        Japan: Online Recruitment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 26.        South Korea: Online Recruitment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 27.        Rest of APAC: Online Recruitment Market – Revenue and Forecast To 2028 (US$ Million)

Figure 28.        Impact of COVID-19 Pandemic on Market in APAC Countries

  1. ABC Consultants
  2. Glassdoor, Inc.
  3. Info Edge (India) Ltd. (naukri.com)
  4. iPlaceUSA, Inc.
  5. itForte
  6. LinkedIn Corporation
  7. Multi Recruit
  8. SH Inc
  9. StepStone GmbH
  10. TalenTECH Solutions Pvt Ltd (Hiring Plug)
  • To understand the APAC online recruitment market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC online recruitment market
  • Efficiently plan M&A and partnership deals in APAC online recruitment market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC online recruitment market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Purchase Options
Single User License
$3000
$1800
Site License
$4000
$2400
Enterprise License
$5000
$3000