The global demand for Recruitment Software Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
Recruitment software is an application designed specifically for recruiting and staffing prioritizing both the candidate and recruiter experience. It involves posting jobs online and attracting top talent for vacant job positions that are the best fit for the organization. Recruiting software automates the entire recruitment process from posting an appointment online to onboarding of recruits, helps minimize manual time-consuming, sends bulk emails, and trigger workflows. All organization sizes use it to track, manage, and communicate with many candidates to automate the recruiting process.
Organizations are replacing their traditional way of working with the influence of digitalization and automation. The use of recruitment software minimizes paperwork, wastage of resources, and costs. The rising number of startups, expanding corporate office, heavy industrialization, and time-consuming recruiting process is driving the global recruitment software market. Increasing product launches and adopting an automated solution to streamline recruiting chores that automate resume screening methods that use artificial intelligence (AI) to assess the candidate's level of skills and experience are several factors propelling growth. In addition, organizations are increasingly preferring cloud-based platforms and adopting mobile-based recruitment systems. However, low penetration in small and medium enterprises and industries and low awareness about the software features is hindering the demand for recruitment software.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of recruitment software. The growth and trends of recruitment software industry provide a holistic approach to this study.
This section of the recruitment software market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Deployment Model
By Enterprise Size
- Small and Medium-Sized Enterprises
- Large Enterprises
- IT & Telecom
- Media & Entertainment
This section covers the regional outlook, which accentuates current and future demand for the Recruitment Software market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Recruitment Software Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the recruitment software market include ADP LLC, Bullhorn Inc., CareerBuilder LLC, Colleague Software Ltd., Cornerstone OnDemand Inc., Greenhouse Software Inc., IBM Corp., iCIMS Inc., JazzHR, Jobvite Inc., Lumesse. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
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