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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)

Code: TIPRE00023574 | Pages: 79 | Industry: Technology, Media and Telecommunications | Date: Jul 2021
Covid

Market Introduction

The European online recruitment market is further segmented into France, Germany, Russia, Italy, the UK, and the Rest of Europe. Europe is a diverse market with a group of more than 40 countries in it. Western European countries are more advanced than the Nordic and Eastern European countries, which is a key factor contributing to the high adoption of technological solutions across all industries in the western part of Europe. Economically strong countries such as Germany, Italy, the UK, and Spain have been significantly implementing advanced solutions. Over the last decade, job market in Europe has embraced many trends in employment operations, from the importance of continuous professional learning to the evolution of recruitment tools. The concept of traditional work is no longer the same with rise in the millennial population, emergence of new technologies, and growth of gig economy. In addition, the UK exit from the European Union (EU) on March 29, 2017, has created confusion for HR teams and employees. BREXIT has made people hesitant to seek new jobs until they get the sense of secured professional future. As a result, it is becoming more challenging for recruiters to find talent. Thus, recruitment teams are demanding more creative ways to attract potential candidates. Understanding job requirements and being able to adapt to evolving skill gaps is critical in today's dynamic world for addressing and minimizing skills mismatch. Citizens, businesses, training providers, career guidance counsellors, and policymakers all benefit from it. Evidence of such skills is useful not just in developing or modifying educational and training programs, but also in assisting individuals in making educational, training, and career decisions that will help them develop and match their talents to labor market demands and quickly changing workplaces. According to the EU, examining online job portals on real-time is essential for developing the labor market in the region.

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




Market Overview and Dynamics

The online recruitment market in Europe is expected to grow from US$ 7,384.59 million in 2021 to US$ 12,656.76 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028. Emulsion 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 Europe 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 Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are iPlaceUSA, Inc.; itForte; Info Edge (India) Ltd. (naukri.com); LinkedIn Corporation; SH Inc; StepStone GmbH; are among a few players operating in the Europe online recruitment market.

 

 

Reasons to buy report

  • To understand the Europe 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 Europe online recruitment market
  • Efficiently plan M&A and partnership deals in Europe 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 Europe online recruitment market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region.

EUROPEONLINE RECRUITMENT MARKETSEGMENTATION

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

    

Europe Online Recruitment Market -Companies Mentioned

  • Info Edge (India) Ltd. (naukri.com)
  • iPlaceUSA, Inc.
  • itForte
  • LinkedIn Corporation
  • SH Inc
  • StepStone GmbH

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.             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

7.3.1        Overview

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

7.4       Part-Time

7.4.1        Overview

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

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

8.3.1        Overview

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

8.5       Engineering

8.5.1        Overview

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

8.6       IT

8.6.1        Overview

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

8.7       Others

8.7.1        Overview

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

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

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

9.1.2.1.1       Germany: Online Recruitment Market, by Job Type

9.1.2.1.2       Germany: Online Recruitment Market, by Application

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

9.1.2.2.1       France: Online Recruitment Market, by Job Type

9.1.2.2.2       France: Online Recruitment Market, by Application

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

9.1.2.3.1       Italy: Online Recruitment Market, by Job Type

9.1.2.3.2       Italy: Online Recruitment Market, by Application

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

9.1.2.4.1       UK: Online Recruitment Market, by Job Type

9.1.2.4.2       UK: Online Recruitment Market, by Application

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

9.1.2.5.1       Russia: Online Recruitment Market, by Job Type

9.1.2.5.2       Russia: Online Recruitment Market, by Application

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

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

9.1.2.6.2       Rest of Europe: Online Recruitment Market, by Application

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

12.1    iPlaceUSA, Inc.

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    itForte

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

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    LinkedIn Corporation

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    SH Inc.

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    StepStone GmbH

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

13.          Appendix

13.1    About The Insight Partners

13.2    Word Index




LIST OF TABLES

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

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

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

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

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

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

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

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

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

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

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

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

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

Table 14.          List of Abbreviation

LIST OF FIGURES

Figure 1.           Europe Online Recruitment Market Segmentation

Figure 2.           Europe Online Recruitment Market Segmentation – By Country

Figure 3.           Europe Online Recruitment Market Overview

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

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

Figure 6.           Germany to Show Great Traction During Forecast Period

Figure 7.           Europe: PEST Analysis

Figure 8.           Expert Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

  1. Info Edge (India) Ltd. (naukri.com)
  2. iPlaceUSA, Inc.
  3. itForte
  4. LinkedIn Corporation
  5. SH Inc
  6. StepStone GmbH
  • To understand the Europe 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 Europe online recruitment market
  • Efficiently plan M&A and partnership deals in Europe 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 Europe online recruitment market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in Europe region

Related Tags Europe Online Recruitment Market Europe Online Recruitment Market Research Europe Online Recruitment Market Insight Europe Online Recruitment Market Trends Europe Online Recruitment Market Forecast Europe Online Recruitment Market Share Europe Online Recruitment Market 2028 Europe Online Recruitment Market Growth Europe Online Recruitment Industry Sector Europe Online Recruitment PDF Report Europe Online Recruitment Analysis Europe Online Recruitment Research Competitive Analysis

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