Uploaded on Nov 20, 2024
According to the latest research report by IMARC Group, The global recruitment software market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032. More Info:- https://www.imarcgroup.com/recruitment-software-market
Recruitment Software Market Growth, Demand and Challenges of the Key Industry Players 2024-32
Global Recruitment Software Market Research and Forecast Report 2024-2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group IMARC Group is a g lobal management consul t ing f i rm that he lps the wor ld ’s most ambi t ious changemakers to create a las t ing impact . Across the s ix major cont inents and 100+ count r ies , we work a longside our bus iness par tners as one team wi th a common ambi t ion to achieve unparal le led resul ts , gain a compet i t ive edge, and t ransform indust r ies . IMARC Group excels in unders tanding i ts c l ients ’ bus iness pr ior i t ies and del iver ing ta i lored solut ions that dr ive meaningfu l outcomes. Our c l ient base spans over 3,000 organizat ions in the pr ivate, publ ic , and soc ia l sectors , ranging f rom high-growth s tar tups to For tune 500 companies. We prov ide a comprehensive sui te of market entry and expansion serv ices. Our of fer ings inc lude thorough market assessment , feas ib i l i ty s tudies, company incorporat ion ass is tance, fac tory setup suppor t , regulatory approvals and l icens ing navigat ion, branding, market ing and sales st rategies, compet i t ive landscape and benchmark ing analyses, pr ic ing and cost research, and procurement research. These serv ices are des igned to ass is t companies in evaluat ing market oppor tuni t ies , set t ing up new ent i t ies , navigat ing regulatory landscapes, boost ing brand v is ib i l i ty , analyz ing compet i tors, and opt imiz ing procurement s t rategies. A cc o r d i ng t o t h e l a te s t r e p o r t b y I M A R C Gr o u p , t i t l e d " R e c ru i t m en t S o f tw a r e Ma r k e t : G l o b a l I n d u s t r y T r e n d s , S h a r e , S i z e , Gr o w th , O p p o r t u n i t y a n d F o r e c as t 2 0 2 4 - 20 3 2 , " t h e g l o b a l r e c r u i tm e n t s o f t w a r e ma r k e t s i z e r ea c h e d U S $ 2 . 3 B i l l i o n i n 2 0 23 . R ec r u i t me n t s o f t w a r e r e f e r s t o a s y s te m t h a t a u to m a t e s t h e r e c r u i tm e n t p r oc e s s f r o m Report po s t i n g j o bs o n l i n e t o o n b oa r d i n g r ec r u i t s . I t c om b i n es a p p l i c an t t r a ck i n g s ys t e ms ( A T S ) , c a n d i d a t e re l a t i o n sh i p m a n a ge m e n t ( C R M ) , a n d i n t e rv i e w i n g s o f t w a r e . I t a s s i s t s r ec r u i t e r s , t a l e n t a c q u i s i t i o n p ro f e s s i o n a l s , a n d h i r i ng m a n a ge r s i n op t i m i z i ng a nd Highlight and d i g i t i z i n g t h e h i r i n g p r o c e s s , i n c l u d i n g s o u r c i ng , se l e c t i n g , s c re e n i n g , a n d i n te r v i e w i n g ca n d i d a t es . I t c a n a l so co n d u c t t he p r e - h i r e a s s es s m en t a n d b a ck g r o u n d c h e c ks , a l o n g w i t h Description on b o a r d t ra i n i n g a n d o r i e n t a t i o n o f n e w e m p l o y ee s , t o i mp r o v e t he e f f i c i e nc y o f h i r i ng ma n a g e r s an d t h e c o mp a n y . A s a r es u l t , r e c r u i t m e n t s o f tw a r e i s w i de l y us e d b y o r g a n i z a t i o n s to m a i n t a i n a da t a b a se o f c a nd i d a t e s , p os t v a c a n c i e s , p r o c es s ap p l i c a t i o ns , s ch e d u l e i n t e r v i ew s , a nd c o l l e c t c a n d i d a t e f e e d ba c k . R eq u e s t f o r a P D F sa m p le o f th i s r ep o r t : h t t p s : / /w w w . i ma r c g r o u p . co m / r ec r u i t me n t - s o f t w a re - m ar k e t / re q u e s t s a m p l e Report Description G l o b a l R e c r u i t m e n t S o f t w a r e M a r k e t T r e n d s : T h e s u r g i n g n e e d t o s t r e a m l i n e r e c r u i t m e n t p r o c e s s e s a n d c a n d i d a t e f l o w r e p r e s e n t s t h e p r i m a r y f a c t o r d r i v i n g m a r k e t g r o w t h . B e s i d e s t h i s , r e c r u i t m e n t s o f t w a r e r e l i e s o n o p t i c a l t r a c k e r s a n d m a c h i n e l e a r n i n g ( M L ) s y s t e m s t o r e c o g n i z e m a r k e t t r e n d s a n d p a t t e r n s t h r o u g h a n a l y t i c a l i n p u t s a n d t r a n s a c t i o n a l a c t i v i t i e s . C o n s e q u e n t l y , t h e g r o w i n g e m p h a s i s o f e n t e r p r i s e s o n e n h a n c i n g t h e c a n d i d a t e e x p e r i e n c e a n d i m p r o v i n g t h e i r o r g a n i z a t i o n a l e f f i c i e n c y h a s a u g m e n t e d p r o d u c t d e m a n d . I n a d d i t i o n , t h e r e h a s b e e n a s i g n i f i c a n t r i s e i n t h e u s e o f a u t o m a t e d r e s u m e s c r e e n i n g m e t h o d s t h a t e m p l o y a r t i f i c i a l i n t e l l i g e n c e ( A I ) t o a n a l y z e t h e l e v e l o f s k i l l s a n d e x p e r i e n c e o f c a n d i d a t e s w h i l e e l i m i n a t i n g t i m e - c o n s u m i n g t a s k s , s u c h a s m a n u a l s c r e e n i n g o f r e s u m e s . A l o n g w i t h t h i s , t h e e s c a l a t i n g d e m a n d f o r e n h a n c e d c o m m u n i c a t i o n c a p a b i l i t i e s a n d p r o d u c t i v i t y o f r e c r u i t e r s h a s a c c e l e r a t e d t h e a d o p t i o n o f r e c r u i t m e n t s o f t w a r e . F u r t h e r m o r e , t h e i n t r o d u c t i o n o f m o b i l e - b a s e d r e c r u i t m e n t s y s t e m s c o u p l e d w i t h t h e i n c r e a s i n g a d o p t i o n o f c l o u d - b a s e d p l a t f o r m s i s p o s i t i v e l y i n f l u e n c i n g t h e m a r k e t g r o w t h . I n l i n e w i t h t h i s , t h e r i s i n g n e e d t o r e p l a c e t r a d i t i o n a l h i r i n g m e t h o d s t o m i n i m i z e p a p e r w o r k , d e p l o y m e n t a n d m a i n t e n a n c e e x p e n s e s , a n d w a s t a g e o f r e s o u r c e s h a v e p r o p e l l e d t h e m a r k e t g r o w t h . O t h e r f a c t o r s , i n c l u d i n g t h e s u r g i n g n u m b e r o f s t a r t u p s , e m e r g i n g s o c i a l r e c r u i t i n g t r e n d s , c o n t i n u a l p r o d u c t i n n o v a t i o n s , a n d t e c h n o l o g i c a l a d v a n c e m e n t s , a r e a l s o c r e a t i n g a f a v o r a b l e m a r k e t o u t l o o k . L o o k i n g f o r w a r d , I M A R C G r o u p e x p e c t s t h e m a r k e t v a l u e t o r e a c h U S $ 3 . 6 B i l l i o n b y 2 0 3 2 , e x p a n d i n g a t a C A G R o f 5 . 2 % d u r i n g 2 0 2 4 - 2 0 3 2 . V i e w R e p o r t T O C , F i g u r e s a n d T a b l e s : h t t p s : / / w w w . i m a r c g r o u p . c o m / r e c r u i t m e n t - s o f t w a r e - m a r k e t Breakup by Deployment Model: • On-premises • SaaS Based Breakup by Component: • Software o Contact Management o Resume Management Report o Mobi le Recru itment Segmentation o Report ing and Analyt ics o Workfl ow Management o Others • Services o Profess ional o Managed Breakup by Enterprise Size: • Smal l and Medium-Sized Enterpr ises • Large Enterpr ises Breakup by Vertical: • Manufactur ing • Healthcare • Hospita l i ty • BFSI Report • Educat ion • Others Segmentation Breakup by Region: • North Amer ica • Asia-Pacifi c • Europe • Lat in America • Middle East and Afr ica • Accenture Plc • ADP LLC • Ceridian HCM Inc. • Cognizant Technology Solutions Competitive • Cornerstone OnDemand Landscape • iCIMS with Key • Kenexa Corporation ( IBM) • Oracle Players • PeopleAdmin • SAP • SumTotal Systems Inc. • Zoho Corporat ion How big is the global recruitment software market? What is the expected growth rate of the global recruitment software market during 2024-2032? What are the key factors driving the global recruitment Key software market? Questions What has been the impact of COVID-19 on the global recruitment software market? Answered in What is the breakup of the global recruitment software the Report market based on the component? What is the breakup of the global recruitment software market based on the enterprise size? What are the key regions in the global recruitment software market? Who are the key players/companies in the global recruitment software market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l R e c r u i t m e n t S o f t w a r e M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y D e p l o y m e n t M o d e l 6 . 1 O n - p r e m i s e s 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 S a a S B a s e d 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y C o m p o n e n t 7 . 1 S o f t w a r e 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a j o r T y p e s 7 . 1 . 2 .1 C o n t a c t M a n a ge m e n t 7 . 1 . 2 .2 R e su m e M a n a ge m e n t 7 . 1 . 2 .3 Mo b i l e R e c r u i t m en t 7 . 1 . 2 .4 R e po r t i n g a n d A na l y t i c s 7 . 1 . 2 .5 W or k f l o w M a n a ge m e n t 7 . 1 . 2 .6 O t h e r s 7 . 1 .3 M a rk e t F o r e c a s t 7 . 2 S e r v i c es 7 . 2 .1 M a rk e t T re n d s 7 . 2 .2 M a j o r T y pe s 7 . 2 . 2 .1 P r o f e s s i o na l Table of 7 . 2 . 2 .2 Ma n a g e d 7 . 2 .3 M a rk e t F o r e c a s t 8 Ma r k e t B r e a ku p b y E n t e r p r i s e S i z e Contents 8 . 1 S m a l l an d M ed i u m - S i z e d E n t e r p r i s e s 8 . 1 .1 M a rk e t T re n d s 8 . 1 .2 M a rk e t F o r e c a s t 8 . 2 La r g e E n t e r p r i s e s 8 . 2 .1 M a rk e t T re n d s 8 . 2 .2 M a rk e t F o r e c a s t 9 Ma r k e t B r e a ku p b y V e r t i ca l 9 . 1 Ma n u fa c t u r i ng 9 . 1 .1 M a rk e t T re n d s 9 . 1 .2 M a rk e t F o r e c a s t 9 . 2 H e a l t h c a r e 9 . 2 .1 M a rk e t T re n d s 9 . 2 .2 M a rk e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : ht tps : / /www. imarcgroup .com/ rec ru i tmen t - so ftware -market / toc Partial List of Clients Partial List of Clients Disclaimer © 2024 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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