Global Talent Acquisition Software Market 2015-2019
About talent acquisition software
Talent acquisition is the process of finding and acquiring skilled workforce as per the requirements in organizations. Talent acquisition team of HR department is responsible for searching, acquiring, assessing, and hiring candidates that will fit organizational goal and project requirements. Talent acquisition software helps organizations in leveraging video, social, and mobile technologies for managing talent lifecycle. This lifecycle includes the development of talent pools, integrating marketing automation tools, screening of applicants, and on-boarding of applicants.
Technavio's analysts forecast the global talent acquisition software market to grow at a CAGR of 19.79% in terms of revenue during the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global talent acquisition software market for the period 2015-2019. To calculate the market size, the report considers subscription and licensing revenue from the sales of the following enterprise applications:
Technavio Announces the Publication of its Research Report – Global Talent Acquisition Software Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Talent Acquisition Software Market: CornerStone on Demand, IBM, Oracle, SAP, and WorkDay.
Other Prominent Vendors in the market are: BetterInterviews, Halogen Software, HireCraft Software, iCIMS, Infor Global Solutions, Njoyn, Peoplefluent, Saba Software, SilkRoad Technology, SumTotal Systems, and Ultimate Software.
Commenting on the report, an analyst from Technavio’s team said: “around 30% of organizations are now showing interest in video interviewing and are looking forward to investing in this technology. Video based interviewing not only redefines the experience a candidate expects to have in an interview processes, but it also creates new opportunities for organizational growth and productivity.”
According to the report, with the market expansion being witnessed in recent years, many companies are trying to regain a competitive advantage through the recruitment of potential candidates.
Further, the report states that increased complexity in integrating both their existing software and talent acquisition software presents a key market challenge.
CornerStone on Demand, IBM, Oracle, SAP, WorkDay, BetterInterviews, Halogen Software, HireCraft Software, iCIMS, Infor Global Solutions, Njoyn, Peoplefluent, Saba Software, SilkRoad Technology, SumTotal Systems, Ultimate Software.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook