1. Indeed Job Aggregators Market Performance Analysis
As the world’s leading job aggregation platform, Indeed has shown strong growth momentum in the past few years. Indeed’s market value has increased from US$1935.8 million in 2018 to US$6830.8 million in 2023, and its gross revenue has increased from US$1428.2 million in 2018 to US$5007.7 million in 2023. Although the gross profit margin has fluctuated during this period, it has generally remained above 70%, indicating that Indeed has maintained good profitability and cost control.
Table Indeed Market Performance Analysis (Value, Gross, Gross Margin)
|
Indeed |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Value (M USD) |
1935.8 |
2499.0 |
2505.7 |
5665.4 |
6099.8 |
6830.8 |
|
Gross (M USD) |
1428.2 |
1833.7 |
1823.1 |
4080.2 |
4539.5 |
5007.7 |
|
Gross Margin |
73.78% |
73.38% |
72.76% |
72.02% |
74.42% |
73.31% |
Indeed has maintained its leadership in the job aggregation market, with its market share rising from 44.58% in 2018 to 52.39% in 2023, maintaining a high level.
Figure Indeed Value Market Share 2018-2023
2. StepStone Job Aggregators Market Performance Analysis
StepStone’s market value increased from US$687.0 million in 2018 to US$1246.9 million in 2023. Gross revenue increased from US$372.3 million in 2018 to US$650.1 million in 2023. After reaching a low point in 2020, the market value and gross revenue recovered significantly and continued to grow from 2021, and the downward trend of gross profit margin was reversed after 2021.
Table StepStone Market Performance Analysis (Value, Gross, Gross Margin)
|
StepStone |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Value (M USD) |
687.0 |
734.3 |
511.2 |
942.4 |
1099.5 |
1246.9 |
|
Gross (M USD) |
372.3 |
391.2 |
269.5 |
485.2 |
590.0 |
650.1 |
|
Gross Margin |
54.19% |
53.28% |
52.72% |
51.49% |
53.66% |
52.13% |
StepStone’s market share experienced a decline and subsequent recovery from 15.82% in 2018 to 9.56% in 2023. Despite facing competition and market changes, StepStone has successfully stabilized its market share.
Figure StepStone Value Market Share 2018-2023
