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)

Publication Month: Jul 2021 | Report Code: TIPRE00023574 | No. of Pages: 79 | Category: Technology, Media and Telecommunications | Status: Published

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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.

The UK, Germany, and Russia are major economies in Europe. Digitalization of all business processes including recruitment are the major factor driving the growth of the Europe online recruitment market. Digital transformation is changing how businesses work (internal) or communicate with their customers (external). However, in most situations, digital transformation entails purchasing software and data technologies such as recruiting solutions and online recruitment channels, to reduce or remove administrative activities and improve operational performance within and across departments and hiring teams. There are various benefits of digitalization or shifting to the online mode of recruitment such as:Better productivity and time efficiency: In a variety of ways, online recruiting aids in the speeding up of everyday hiring procedures. Companies can automate administrative tasks such as keeping track of applicant paperwork or arranging interviews. Online recruiters use applicant tracking system (ATS) solutions to screen candidates quickly since the ATS stores all of the requisite candidate data in one location. They will not have to read a resume before moving on to the candidate's cover letter, portfolio, or appraisal because it will be on the same page. Recruiters are not the only ones that profit from online recruitment systems. Candidates can also apply quickly since the processes include auto-filling application forms and one-click apply buttons. Other factors promoting the digitalization are improved candidate analysis and access to vast number of applicants, among others. The above-mentioned factors are promoting the digitalization in recruitment process among companies across the globe, thereby fueling the growth of the online recruitment market, which is further anticipated to drive the market in Europe.

 

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
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Europe Online Recruitment Market Segmentation

 

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
TIPRE00023574
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