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Worldwide Talent Acquisition Technologies and Services Forecast, 2024–2028

Publisher IDC
Published Jul 27, 2024
Length 10 Pages
SKU # IDC19024014

Description

Worldwide Talent Acquisition Technologies and Services Forecast, 2024–2028


This IDC study provides a forecast for the talent acquisition technologies and services market from 2024 to 2028, providing revenue data for the global market segmented by region."The race to reimagine talent acquisition is off to an explosive start. Vendors are furiously jockeying for position, vying to cross the finish line as leaders in this radical shift," said Alicia Mokwa, research director, Talent Acquisition and Strategy, IDC. "With AI and skills-based hiring setting a relentless pace, the playing field is being upended before our very eyes. Complacency means being outpaced and left in the dust. Those who move swiftly, break from traditional norms, and embrace innovation as a workforce imperative will taste victory. In this headlong charge, the stakes are high — evolve or be rendered obsolete. The talent revolution has begun, and it's a sprint, not a marathon. Place your bets, for the future belongs to the bold and the agile."

Please Note: Extended description available upon request.

Table of Contents

10 Pages

IDC Market Forecast Figure

Executive Summary

Advice for Technology Suppliers

Embrace AI and Machine Learning

Prioritize Skills-Based Hiring

Build Global Talent Sourcing Capabilities

Champion Diversity, Equity, and Inclusion

Reimagine the Candidate's Experience

Expand into Contingent Workforce Solutions

Foster a Partnership Ecosystem

Develop for the Metaverse

Market Forecast

Market Context

Rise of Intelligent Hiring Platforms

Emphasis on Skills-Based Hiring

Global Talent Sourcing and Remote Hiring

Diversity, Equity, and Inclusion

Integration of Talent Marketplaces

Emphasis on Candidate Experience

Drivers and Inhibitors

Drivers

Workforce Planning Strategies

Compliance and Security Concerns

Focus on Diversity, Equity, and Inclusion Boundaries

Inhibitors

Global Talent Pools

Workforce Upskilling/Reskilling Bottlenecks

Significant Market Developments

Changes from Prior Forecast

Accelerated Adoption of AI/ML

Emphasis on Skills-Based Hiring

Global Talent Sourcing Becoming Mainstream

Prioritization of Diversity, Equity, and Inclusion

Rise of Talent Marketplaces and Gig Economy

Immersive Experiences and Metaverse Hiring

Ecosystem Partnerships and Open APIs

Continuous Innovation and Agile Methodologies

Market Definition

Methodology

Related Research

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Pricing

Currency Rates
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