Global Recruitment Market: North America Continues to be a Lucrative Region due to Growing Technology Development 2018-2023

Published on : Jul 11, 2018

Albany, New York, July 11, 2018: The recruitment industry is one of the most popular industries in the world today. In fact, online Recruitment has offered companies a cost-effective, efficient means of hiring staff quickly and easily and is certainly the future of recruitment and the recruitment industry. To elaborate further, Market Research Hub (MRH) has announced the addition of a new study titled “Global Recruitment Market by Manufacturers, Countries, Type and Application, Forecast to 2023” to its wide repository. The study offers a comprehensive analysis of the current as well as future growth projections for the market. In order to explain the intensity of competition in the market, the report has been segmented geographically into major regions including North America, Japan, Europe, Asia Pacific excluding Japan, Latin America, and the Middle East and Africa.

It has been clearly stated in the research study that the global recruitment industry market has been growing fast in recent years; the players are facing the fierce competition in the market. The future projections are presented with respect to both value and volumes of the various segments and sub-segments of the market. As per the analyst’s key projections, the global recruitment market is rising at an impressive pace and going forward too it is expected to continue doing so.

Major Highlights from the Study

Recruitment primarily refers to the process of 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 for the job, screening and selecting applicants, hiring, and integrating the new employee into the organization.

As per the study findings, the main drivers of the market here are economic development, technology development and the internet thinking. Apart from that, the development trend of the recruitment industry is towards service specialization, mobile terminal, form of community-oriented or open towards the platform are some of the factors propelling market growth.

Moreover, the research presents market opportunities by highlighting market scope in the above-mentioned regions. As per the report, the Asia-Pacific will occupy for more market share in following years, especially in China, also fast-growing India and Southeast Asia regions. North America, especially The United States, will still play a crucial role which cannot be overlooked. Besides regional analysis, the market has been categorized into type and applications. By type, the study covers traditional recruitment and digital recruitment. Major applications include recruitment of permanent staffing and temporary staffing.

Another important section of the study is completely devoted to the competitive analysis of global recruitment market. The section offers key players functioning in the recruitment market globally, such as Adecco, Innovsource, Randstad, Mercer, Jobrapido, Recruit, Kelly Services, Manpower Group, Teamlease, Allegis Group, IKYA, CareerBuilder, ADP, Aon Hewitt, CIIC, Temp Holdings, Hays and Robert Half.

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