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According to our LPI (LP Information) latest study, the global Recruitment market size was valued at US$ million in 2023. With growing demand in downstream market, the Recruitment is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.
The research report highlights the growth potential of the global Recruitment market. Recruitment are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Recruitment. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Recruitment market.
Recruitment (hiring) is a core function of human resource management. Recruitment refers to the process of finding and hiring the best-qualified candidate (from within or outside of an organization) for a job opening, in a timely and cost effective manner. The recruitment process includes analyzing the requirements of a job, attracting employees to that job, screening and selecting applicants, hiring, and integrating the new employee to the organization. Internet-based technologies to support all aspects of recruitment have become widespread.
In Asia Pacific, Recruitment key players include Adecco, Randstad, Manpower, Recruit, Allegis, etc. Asia Pacific top five manufacturers hold a share over 15%. India is the largest market, with a share over 4%.
In terms of product, Digital Recruitment is the largest segment, with a share over 75%. And in terms of application, the largest application is Recruitment of Permanent Staffing, followed by Recruitment of Temporary Staffing.
Key Features:
The report on Recruitment market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Recruitment market. It may include historical data, market Segmentation by Type (e.g., Traditional Recruitment, Digital Recruitment), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Recruitment market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Recruitment market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Recruitment industry. This include advancements in Recruitment technology, Recruitment new entrants, Recruitment new investment, and other innovations that are shaping the future of Recruitment.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Recruitment market. It includes factors influencing customer ' purchasing decisions, preferences for Recruitment product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Recruitment market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Recruitment market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Recruitment market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Recruitment industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Recruitment market.
Market Segmentation:
Recruitment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
- Traditional Recruitment
- Digital Recruitment
Segmentation by application
- Recruitment of Permanent Staffing
- Recruitment of Temporary Staffing
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Adecco
- Randstad
- Manpower
- Recruit
- Allegis
- ADP
- CIIC
- Hays
- Kelly Services
- Robert Half
- Mercer
- Aon Hewitt
- Temp Holdings
- Teamlease
- Jobrapido
- CareerBuilder
- Innovsource
- IKYA