Market Research Report Filipino Classified Ads site,Job Posting Philippin | Page 14

April 2017 Philippines Online Classifieds Market Outlook to 2021 Figure: Philippines Online Classifieds Industry Market Size on the Basis of Listings in Million, 2011-2016 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 2011 2012 2013 2014 2015 2016 Table: Philippines Online Classifieds Market Segmentation by Major Segments (Recruitment, Real Estate, Automobiles, Electronics and Other) on the basis of Revenues in USD Million and Listings in Million, 2016 Sectors Recruitment Real Estate Automobile Electronics Others Total Revenues in USD Million, 2016 Listings in Million, 2016 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Online Recruitment classified has dominated the online classifieds industry in Philippines over past few years. With the expansion of industries like automobile, real estate, electronics, IT and others, more jobs are being created leading to increased number of listings. Real Estate is the second largest contributor in the online classifieds industry. Rising demand for both residential and commercial property over time was the major reason responsible behind the growth of online real estate classifieds in the Philippines. Increase in number of people using internet to conduct research on vehicles before making purchase and rise in the demand of used cars fuelled the demand for online automobile classifieds in the Philippines. Others include fashion & accessories, services, pets & animals, home and furniture, Books, sports & hobbies and others. Table: Philippines Online Classifieds Market Segmentation by Paid and free Listings on the basis of Number of Listings in Million, 2016 Sectors 2016 Free Listings Paid Listings Total Filipinos are price-sensitive and hence they prefer free listings over the paid ones. The benefit of free listings and advertisements drives the online classifieds market by making more customers use online services. Paid listings on the online classifieds are majorly premium listings for which the company charges certain amount. These premium listings are more customer-centric as compared to the free listing. © Licensed product of Ken Research; should not be copied 14