Online recruitment market in the Middle East and Africa
Business Market Insights provides you with regional research analysis on ‘Middle East & Africa Online Recruitment Market’ and forecast to 2027. The research report provides in-depth information on regional market revenue, parent market trends, macroeconomic indicators and guiding factors, as well as with market attractiveness by market segment. The report gives an overview of the growth rate of the online recruitment market in Middle East and Africa during the forecast period i.e. 2020-2027.
The online recruitment market in India, Middle East and Africa is expected to grow from US $ 446.9 million in 2017 to US $ 1,708.1 million in 2025 at a CAGR of 19.3% between 2018 and 2025.
The MEA online recruiting market is further segmented into South Africa, Saudi Arabia, United Arab Emirates and the rest of MEA. The Middle East and Africa are a robust and resource-rich labor market. Stability and lucrative salaries continue to attract talented individuals eager to work in organizations with growth opportunities. HR continually provides pragmatic solutions to the inherently conflicting goals of government and private employers. In addition, candidate engagement is becoming increasingly important in the effective execution of vacancies. In addition, it is estimated that over 230 million job profiles will require employees with digital skills by 2030, resulting in nearly 650 million training opportunities, including retraining, as outlined in the IFC Digital Skills Study in Sub-Saharan Africa. Digital skills are often verified by employers through careful observation of activities on online platforms, which drives adoption of online recruitment in the region. More than 40% of companies in the Middle East and Africa in 2015 were slow to fill vacancies. Their average duration was 2 to 3 months. However, the advent and adoption of the internet in the region has not only helped companies speed up their recruiting process, but also attract better talent for vacancies. Thanks to the various online platforms available in the region, companies are now able to search among millions of resumes and extract the exact candidate required for their job using various filters such as location, skills and the candidate’s certifications. For example, Simplify, an Africa-based company, effectively tracks, filters and filters applicants with the intuitive application management software. With just one click, it automatically publishes multiple free and premium job boards, job search engines and social profiles. In this way, the software helps companies hire employees efficiently. Ease of Automation Creates Demand for Online Recruitment
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The report presents the major players of the industry, along with a detailed analysis of their individual positions with respect to the regional landscape. The study performs a SWOT analysis to assess the strengths and weaknesses of key players in the Middle East & Africa online recruitment market. The researcher provides in-depth analysis of the size, share, trends, overall revenue, gross revenue and profit margin of the Middle East and Africa online recruitment market to accurately forecast and provide expert information to investors to keep them abreast of market trends.
Main key players covered in this report:
• Info Edge (India) Ltd. (naukri.com)
• LinkedIn company
• SH Inc
• StepStone GmbH
The study performs a SWOT analysis to assess the strengths and weaknesses of key players in the Middle East & Africa online recruitment market. Further, the report makes a complex examination of the drivers and restraints operating in the market. The report also assesses the observed trends in the parent market along with macroeconomic indicators, dominant factors and market attractiveness with respect to different segments. The report predicts the influence of different aspects of the industry on segments and regions of the Middle East & Africa Online Recruitment market.
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Research on the Middle East & Africa online recruitment market focuses on extracting valuable data on investment pockets, growth opportunities, and key vendors in the market to help clients understand methodologies of their competitors. The research also segments the Middle East & Africa online recruitment market on the basis of end user, product type, application, and demographics for the forecast period 2020-2027. A comprehensive analysis of critical aspects like impact factors and competitive landscape is presented using vital resources like charts, tables and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the online recruitment market in the Middle East and Africa.
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