The global online recruitment market size is expected to grow from $26.5 billion in 2021 to $31.3 billion in 2022 at a compound annual growth rate (CAGR) of 17.3%. The market is projected to reach $47.3 billion in 2026 at a CAGR of 15.1%.

The online recruitment market is expected to grow from US$ 29292.3 million in 2021 to US$ 47315.0 million by 2028; it is estimated to grow at a CAGR of 7.1% from 2021 to 2028.
The key players in the global market are ABC Consultants, Glassdoor, Inc.; iPlaceUSA, Inc.; itForte; Info Edge (India) Ltd. (naukri.com); LinkedIn Corporation; Multi Recruit, SH Inc.; StepStone GmbH; and TalenTECH Solutions Pvt Ltd (Hiring Plug ).
The COVID-19 pandemic has had a significant impact on the online recruitment market. The outbreak of the pandemic led to a standstill in recruitment process across the region, thereby impacting the online recruitment market.
However, post Q3 2020, the number of COVID-19 cases in the US started declining, thus triggering gradual normalization of economic activities in the country. This resulted in rise in demand of products and services across the region. Moreover, with the improved vaccine distribution and administration drives, the US witnessed a more than expected increase in job openings in February 2021.
To hire people easily and rapidly while maintaining social distancing, the demand for online recruitment rapidly increased across the region.

Link to the original story: https://www.openpr.com/news/3352563/online-recruitment-market-growth-global-industry-size-share