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Recruitment Software Market Size, Share, and Analysis, By Component (Solution and Service), By Service Type (Retail, IT & Telecom, BFSI, Manufacturing, Healthcare, Education, Hospitality, Media & Entertainment, and Others), By Enterprise Size (Small & Med

Publisher Fatpos Global
Published Aug 01, 2024
Length 600 Pages
SKU # FAGL19115433

Description

Recruitment Software Market Size, Share, and Analysis, By Component (Solution and Service), By Service Type (Retail, IT & Telecom, BFSI, Manufacturing, Healthcare, Education, Hospitality, Media & Entertainment, and Others), By Enterprise Size (Small & Medium Enterprise and Large Enterprise), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034


Recruitment Software Market Size, Share, and Analysis, By Component (Solution and Service), By Service Type (Retail, IT & Telecom, BFSI, Manufacturing, Healthcare, Education, Hospitality, Media & Entertainment, and Others), By Enterprise Size (Small & Medium Enterprise and Large Enterprise), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-
2034


PRODUCT OVERVIEW

Recruitment Software Market is anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 8% during the forecast span from 2024 to 2034. In 2023, the market size was assessed at USD 2.3 billion and is projected to reach USD 5.3 billion by the completion of 2034.

Recruitment software are sophisticated technological solutions that simplify and automate various areas of the hiring process. These technologies assist firms in managing job advertisements, tracking candidates, facilitating candidate interactions, and managing entire recruitment processes. The scheduling of interviews, candidate screening, resume parsing, and teamwork tools for hiring are usually important components of recruitment software. Organizations that use these systems can greatly increase efficiency, along with reducing manual operations and improve the experience of candidate. Moreover, recruitment software provides customization options and smooth integrations with job boards and social media platforms, which allow companies to reach a vast pool of talent and make well-informed hiring decisions. Therefore, these innovative solutions empower HR professionals and hiring managers to improve their recruitment efforts, coupled with saving valuable time and resources while ensuring that they attract the most qualified candidates for their roles.

MARKET HIGHLIGHTS

Recruitment Software Market is expected to reach USD 5.3 billion during the forecast period, owing to the digitization of HR procedures, combined with the surge in remote work and the shift towards flexible employment models. The growth of recruitment software market is driven by the demand for automation to simplify talent acquisition, efficient applicant tracking solutions, and the rising volume of job seekers globally. In addition, major players in the recruitment industry continuously innovate and provide advanced features like AI-driven candidate matching and video interviewing to improve recruitment outcomes. Besides, emerging economies are expected to contribute majorly to the growth of market due to their increasing digitalization and investments in HR technology. These patterns reflect a changing ecosystem where technology plays an essential role in transforming how organizations attract talent.

Recruitment Software Market Segments:
  • By Component
  • Solution
  • Service
  • By Service Type
  • Retail
  • IT & Telecom
  • BFSI
  • Manufacturing
  • Healthcare
  • Education
  • Hospitality
  • Media & Entertainment
  • Others
  • By Enterprise Size
  • Small & Medium Enterprise
  • Large Enterprise
MARKET DYNAMICS

Growth Drivers

Increasing Need for Automation will Create Growth Opportunities

Growth of the Gig Economy and Remote Work Will Drive Market Expansion

Restraint

Integration Challenges Could Restrict the Adoption of Recruitment Software

Key Players
  • Oracle Corporation
  • SAP SE
  • Workday, Inc.
  • IBM Corporation
  • Microsoft Corporation
  • ADP, LLC
  • LinkedIn Corporation
  • iCIMS, Inc.
  • Bullhorn, Inc.
  • Greenhouse Software, Inc.
  • Cornerstone OnDemand, Inc.
  • Ultimate Software Group, Inc.
  • SmartRecruiters Inc.
  • Jobvite, Inc.
  • JazzHR
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons to Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 3-month post-sales analyst support.
*Please Note: The report will be delivered in 2-3 business days upon order confirmation*

Table of Contents

600 Pages
1.Executive Summary
1.1. Regional Market Share
1.2.Business Trends
1.3. Global Recruitment Software Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2. Research Methodology
2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3. Market Characteristics
3.1.Market Definition
3.2.Global Recruitment Software Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.Global Recruitment Software Market – Industry Insights
4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability
5. Macroeconomic Indicators
6. Recent Developments
7. Market Dynamics
7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends
8.Risk Analysis
9. Market Analysis
9.1.Porters Five Forces
9.2. PEST Analysis
9.2.1.Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10.Global Recruitment Software Market
10.1.Overview
10.2. Historical Analysis (2018-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. Global Recruitment Software Market Size & Forecast 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Component
11.3.1.1. Solution
11.3.1.1.1.By Value (USD Million) 2024A-2034F
11.3.1.1.2. Market Share (%) 2024A-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024A-2034F
11.3.1.2.Service
11.3.1.2.1. By Value (USD Million) 2024A-2034F
11.3.1.2.2.Market Share (%) 2024A-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024A-2034F
11.3.2. By Service Type
11.3.2.1.Retail
11.3.2.1.1. By Value (USD Million) 2024A-2034F
11.3.2.1.2.Market Share (%) 2024A-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024A-2034F
11.3.2.2. IT & Telecom
11.3.2.2.1.By Value (USD Million) 2024A-2034F
11.3.2.2.2. Market Share (%) 2024A-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.3. BFSI
11.3.2.3.1.By Value (USD Million) 2024A-2034F
11.3.2.3.2. Market Share (%) 2024A-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.4. Manufacturing
11.3.2.4.1.By Value (USD Million) 2024A-2034F
11.3.2.4.2. Market Share (%) 2024A-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.5. Healthcare
11.3.2.5.1.By Value (USD Million) 2024A-2034F
11.3.2.5.2. Market Share (%) 2024A-2034F
11.3.2.5.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.6. Education
11.3.2.6.1.By Value (USD Million) 2024A-2034F
11.3.2.6.2. Market Share (%) 2024A-2034F
11.3.2.6.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.7. Hospitality
11.3.2.7.1.By Value (USD Million) 2024A-2034F
11.3.2.7.2. Market Share (%) 2024A-2034F
11.3.2.7.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.8. Education
11.3.2.8.1.By Value (USD Million) 2024A-2034F
11.3.2.8.2. Market Share (%) 2024A-2034F
11.3.2.8.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.9. Media & Entertainment
11.3.2.9.1.By Value (USD Million) 2024A-2034F
11.3.2.9.2. Market Share (%) 2024A-2034F
11.3.2.9.3. Y-o-Y Growth (%) 2024A-2034F
11.3.2.10. Others
11.3.2.10.1.By Value (USD Million) 2024A-2034F
11.3.2.10.2. Market Share (%) 2024A-2034F
11.3.2.10.3. Y-o-Y Growth (%) 2024A-2034F
11.3.3.By Enterprise Size
11.3.3.1.Small & Medium Enterprise
11.3.3.1.1. By Value (USD Million) 2024A-2034F
11.3.3.1.2.Market Share (%) 2024A-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024A-2034F
11.3.3.2. Large Enterprise
11.3.3.2.1.By Value (USD Million) 2024A-2034F
11.3.3.2.2. Market Share (%) 2024A-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024A-2034F
12.North America Recruitment Software Market Size & Forecast 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Component
12.3.2. By Service Type
12.3.3. By Enterprise Size
12.4. Country
12.4.1. United States
12.4.2. Canada
13.Europe Recruitment Software Market Size & Forecast 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Component
13.3.2. By Service Type
13.3.3. By Enterprise Size
13.4.Country
13.4.1.Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14.Asia-Pacific Recruitment Software Market Size & Forecast 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Component
14.3.2. By Service Type
14.3.3. By Enterprise Size
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4.Japan
14.4.5.Rest of APAC
15.Middle East and Africa Recruitment Software Market Size & Forecast 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Component
15.3.2. By Service Type
15.3.3. By Enterprise Size
15.4.Country
15.4.1.Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4.South Africa
15.4.5. Rest of Middle East and Africa
16. Latin America Recruitment Software Market Size & Forecast 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Component
16.3.2. By Service Type
16.3.3. By Enterprise Size
16.4.Country
16.4.1.Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17. Competitive Landscape
17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders
18. Company Profiles
18.1. Oracle Corporation
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2.Key Clients
18.1.4.3.Market Share
18.1.4.4.Recent News & Development (Last 3 Yrs.)
18.2. SAP SE
18.3. Workday, Inc.
18.4. IBM Corporation
18.5. Microsoft Corporation
18.6. ADP, LLC
18.7. LinkedIn Corporation
18.8. iCIMS, Inc.
18.9. Bullhorn, Inc.
18.10.Greenhouse Software, Inc.
18.11.Cornerstone OnDemand, Inc.
18.12. Ultimate Software Group, Inc.
18.13. SmartRecruiters Inc.
18.14.Jobvite, Inc.
18.15. JazzHR
18.16. Other Prominent Players
19. Appendix
20.Consultant Recommendation

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