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市场调查报告书
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1347677

招聘软件市场:2023-2028 年全球行业趋势、份额、规模、增长、机会和预测

Recruitment Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

出版日期: | 出版商: IMARC | 英文 143 Pages | 商品交期: 2-3个工作天内

价格

市场概况:

2022年全球招聘软件市场规模达到21亿美元。展望未来,IMARC集团预计到2028年市场规模将达到30亿美元,2023-2028年復合年增长率(CAGR)为6.3%。管理整个招聘週期和选择最佳候选人的需求不断增长,偏好转向基于云的平台,以及由于维护成本低而导致中小型企业(SME)的需求不断增加,是推动市场的一些主要因素。

招聘软件是一种专门的技术工具或平台,旨在简化和自动化招聘流程的各个方面。它帮助组织更有效地管理其招聘工作。它通常包括申请人跟踪、简历解析、职位发布、候选人搜寻、面试安排和分析/报告功能等功能。它使招聘人员和招聘经理能够集中候选人数据,在整个招聘流程中跟踪申请人,筛选简历,与候选人沟通,并最终做出明智的招聘决策。它有助于简化和加快招聘工作流程,减少手动任务,改善招聘团队之间的协作,并提高整体招聘结果。它还优化了招聘流程,节省了时间,提高了候选人选择的质量,使其成为现代人才获取策略的宝贵工具。

组织对简化招聘流程和有效吸引顶尖人才的需求不断增长,这将刺激预测期内市场的增长。它提供自动申请人跟踪、简历解析和候选人关係管理等高级功能,使公司能够管理大量申请并更有效地识别合格的候选人。此外,人力资源实践中越来越多地采用数字化和技术,导致产品需求不断上升。与此同时,将人工智能(AI) 和机器学习(ML) 技术集成到招聘软件中,有助于简历筛选、候选人匹配和预测分析,提高候选人选择的效率和准确性,促进了市场增长。此外,工作场所对多样性和包容性的需求不断增长,加速了组织对产品的采用,因为它支持公正和包容性的招聘实践。

招聘软件市场趋势/驱动因素:

对简化招聘流程的需求增加

由于需要简化招聘流程,对招聘软件的需求大幅增加。随着就业市场竞争激烈,每个职位的申请人数量不断增加,组织正在寻求能够有效管理招聘工作流程的解决方案。它提供了强大的功能,例如申请人跟踪、简历解析和候选人管理,使招聘人员能够在整个招聘流程中无缝跟踪和管理候选人。这些工具自动执行手动任务,改善招聘团队之间的协作,并提供用于管理候选人数据的集中平台。通过简化招聘流程,组织可以节省时间、减轻管理负担,并确保更顺畅、更有条理的招聘体验。

人力资源实践向数字化转型的转变

人力资源实践的数字化转型已成为各行业组织的首要任务。随着企业在各种运营中采用技术,人力资源部门也利用数字工具来提高效率和效益。招聘软件通过提供简化和自动化招聘流程的解决方案,在这一数字化转型中发挥着至关重要的作用。借助在线职位发布、自动简历筛选和数字协作功能,该软件使人力资源团队能够优化其招聘策略。这些工具还提供实时分析和报告功能,使人力资源专业人员能够做出数据驱动的决策并跟踪招聘指标。该软件在数字人力资源生态系统中的集成可以与其他人力资源模块无缝集成,从而提高人力资源实践的整体效率和有效性。

人工智能与机器学习的融合

人工智能 (AI) 和机器学习 (ML) 技术对招聘格局产生了重大影响。招聘软件中人工智能和机器学习的集成彻底改变了候选人筛选和选择流程。人工智能驱动的工具可以快速准确地筛选简历,识别相关技能和经验,并将候选人与工作要求相匹配。这种自动化在候选人评估的初始阶段为招聘人员节省了大量的时间和精力。机器学习算法还可以从历史数据中学习来预测候选人的成功,帮助招聘人员做出明智的招聘决策。此外,人工智能和机器学习技术通过标准化和匿名化候选人数据来减少招聘偏见,确保公平和公正的候选人选择。将这些新技术集成到软件中可以提高招聘流程的效率、准确性和公平性,同时使招聘人员能够专注于战略任务,例如候选人参与和建立关係。

招聘软件行业细分:

IMARC Group 提供了全球招聘软件市场报告各细分市场主要趋势的分析,以及 2023-2028 年全球、区域和国家层面的预测。我们的报告根据部署模型、组件、企业规模和垂直领域对市场进行了分类。

部署模型见解:

本地

基于SaaS

该报告根据部署模型对市场进行了详细的细分和分析。这包括本地和基于 SaaS 的。

本地部署模型是在组织的服务器或基础设施上本地安装和託管招聘软件的模型。组织的 IT 团队负责管理和维护软件,包括更新、安全和备份。本地部署为组织提供了对软件和数据的完全控制,使他们能够根据自己的特定需求定制和定制系统。

基于 SaaS 的招聘软件託管在供应商的服务器上,用户可以通过 Web 浏览器访问。该软件由供应商集中管理,供应商处理维护、更新、安全和数据备份的各个方面。用户通常根据使用情况或用户数量支付订阅费。基于 SaaS 的部署具有多种优势,包括易于实施、可扩展性、可通过任何具有互联网连接的设备进行访问以及自动软件更新。它消除了前期基础设施投资的需要,并减轻了组织 IT 团队的负担。

组件见解:

软体

联繫人管理

简历管理

移动招聘

报告和分析

工作流程管理

其他的

服务

专业的

管理

软件在市场上占有最大份额

报告还提供了基于组件的详细市场细分和分析。这包括软件(联繫人管理、简历管理、移动招聘、报告和分析、工作流程管理等)和服务(专业和託管)。报告显示,软件(专业和管理)占据了最大的市场份额。

由于几个关键驱动因素,该软件已成为市场的主导组件。许多技术进步彻底改变了招聘行业,软件提供商利用云计算、人工智能和自动化来开发强大的解决方案。与此相一致的是,开发功能丰富的软件来提高招聘流程的效率和有效性,正在推动市场增长。除此之外,基于软件的解决方案的成本效益和可扩展性在其主导地位中发挥了重要作用。软件即服务 (SaaS) 模型允许组织访问强大的招聘工具,而无需在基础设施和维护方面进行大量前期投资。软件的可扩展性确保招聘解决方案能够满足组织不断变化的需求,无论组织规模是扩大还是缩小。此外,软件的大量采用,因为它提供了便捷的访问方式并促进了招聘团队之间的协作,正在对市场增长产生积极影响。此外,由于软件提供自动化功能、简化和自动化各种招聘任务(例如申请人跟踪、简历解析和候选人管理),对软件的需求不断增加,这也促进了市场的增长。

企业规模洞察:

中小企业

大型企业

大企业主导市场

报告还根据企业规模对市场进行了详细的细分和分析。这包括中小企业和大型企业。报告显示,大型企业占据了最大的市场份额。

由于几个关键驱动因素,大型企业在市场上占据主导地位。大型组织通常有復杂且大量的招聘需求,需要强大且可扩展的解决方案。此外,软件的大量采用,因为它提供了简化和自动化招聘流程的必要工具,例如申请人跟踪、简历解析和候选人管理,使大型企业能够有效地管理许多申请人和职位空缺,这也刺激了市场生长。此外,大型企业通常拥有专门的人力资源部门和招聘团队,可以从该软件提供的高级特性和功能中受益,从而促进细分市场的增长。除此之外,大型企业可用的财务资源使他们能够投资于满足其特定要求的软件。这反过来又推动了该细分市场的增长。

垂直洞察:

製造业

卫生保健

款待

BFSI

教育

其他的

报告还提供了基于垂直市场的详细细分和分析。这包括製造、医疗保健、酒店、BFSI、教育等。

市场的製造部分迎合了製造业的特定招聘需求。这包括涉及商品生产的行业,例如汽车、电子、製药和消费品。市场的製造部分迎合了製造业的特定招聘需求。这包括涉及商品生产的行业,例如汽车、电子、製药和消费品。

酒店业市场满足酒店业的人员配置和招聘需求,包括酒店、餐厅、度假村和活动管理公司。 BFSI(银行、金融服务和保险)部门专注于为这些行业的需求量身定制的解决方案。该软件可协助银行、金融服务、保险公司和其他金融机构寻找和招聘各种职位的人才。教育部门解决教育部门的招聘需求,包括学校、学院、大学和教育机构。

区域见解:

北美

美国

加拿大

亚太

中国

日本

印度

韩国

澳大利亚

印尼

其他的

欧洲

德国

法国

英国

义大利

西班牙

俄罗斯

其他的

拉美

巴西

墨西哥

其他的

中东和非洲

北美在市场上表现出明显的主导地位

该报告还对所有主要区域市场进行了全面分析,其中包括北美(美国和加拿大);亚太地区(中国、日本、印度、韩国、澳大利亚、印尼等);欧洲(德国、法国、英国、意大利、西班牙、俄罗斯等);拉丁美洲(巴西、墨西哥等);以及中东和非洲。报告称,北美是主要市场。

北美拥有最大的市场份额,因为该地区经济强劲,大型企业和跨国公司大量存在。这些组织具有復杂的招聘需求,需要復杂的软件解决方案来简化其招聘流程。北美地区的产品需求量很大,需要有效管理大量申请人和职位空缺。

此外,北美是技术进步和创新的中心,拥有大量开发尖端招聘软件解决方案的软件提供商和技术公司,从而加快了产品采用率。

此外,它还提供了必要的工具来优化招聘流程、改善候选人体验并做出数据驱动的决策。据此,北美的一些组织正在优先考虑有效的招聘实践,以吸引和留住顶尖人才,从而促进市场增长。

竞争格局:

与大流行前的水平相比,市场的需求低于预期。然而,随着主要参与者越来越多地采用先进功能,包括申请人跟踪系统(ATS)、简历解析、候选人关係管理(CRM)、人工智能驱动的自动化、面试安排,这可能会在未来十年见证范式转变。 、视频面试和分析/报告功能融入其招聘软件解决方案中。主要参与者正在投资改善其软件平台的用户体验,引入直观的界面、移动可访问性、可定制的工作流程以及与其他人力资源系统的无缝集成等功能。我们预计市场将见证新进入者、产品组合整合以及加强合作,以推动领域内的良性竞争。

该报告对市场竞争格局进行了全面分析。还提供了所有主要公司的详细资料。市场上的一些主要参与者包括:

埃森哲公司

ADP有限责任公司

Ceridian HCM 公司

认知技术解决方案

基石点播

集成化集成管理系统

Kenexa 公司 (IBM)

甲骨文

人员管理

树液

总和系统公司

佐霍公司

最近的发展:

2023 年 6 月,埃森哲公司宣布已达成协议,收购美国基础设施项目咨询和管理公司 Anser Advisory。此次收购将增强埃森哲帮助公司、州和地方公共部门组织更可预测、更高效地完成大型长期基础设施项目的能力,这些项目支持客户增长并对社区产生积极影响。

2023 年 1 月,提供人力资本管理 (HCM) 解决方案的全球科技公司 ADP LLC 收购了总部位于印度班加罗尔的 Securax Tech Solutions (India) Private Limited。 ADP 的此次战略收购体现了其扩大在印度的业务和市场份额的承诺,印度以其蓬勃发展的技术行业和熟练人才库而闻名。

2020 年 2 月,基于云的人才招聘软件解决方案的市场领导者 iCIMS, Inc. 宣布已加入 Ceridian 的 Dayforce 软件合作伙伴计划 (DSPP)。此次合作旨在实现 Ceridian 的人力资本管理平台与 iCIMS 一流的人才获取平台之间的无缝集成,从而在整个候选人和员工生命週期中交换数据。

本报告回答的关键问题

  • 全球招聘软件市场有多大
  • 2023-2028年全球招聘软件市场的预期增长率是多少
  • 推动全球招聘软件市场的关键因素是什么
  • COVID-19 对全球招聘软件市场有何影响
  • 全球招聘软件市场按组件划分是怎样的
  • 全球招聘软件市场按企业规模划分是怎样的
  • 全球招聘软件市场的重点区域有哪些
  • 谁是全球招聘软件市场的主要参与者/公司

本报告回答的关键问题

  • 全球招聘软件市场有多大?
  • 2023-2028年全球招聘软件市场的预期增长率是多少?
  • 推动全球招聘软件市场的关键因素是什么?
  • COVID-19 对全球招聘软件市场有何影响?
  • 全球招聘软件市场按组件划分是怎样的?
  • 全球招聘软件市场按企业规模划分是怎样的?
  • 全球招聘软件市场的重点区域有哪些?
  • 全球招聘软件市场的主要参与者/公司有哪些?

目录

第一章:前言

第 2 章:范围和方法

  • 研究目的
  • 利益相关者
  • 数据源
    • 主要资源
    • 二手资料
  • 市场预测
    • 自下而上的方法
    • 自上而下的方法
  • 预测方法

第 3 章:执行摘要

第 4 章:简介

  • 概述
  • 主要行业趋势

第 5 章:全球招聘软件市场

  • 市场概况
  • 市场业绩
  • COVID-19 的影响
  • 市场预测

第 6 章:按部署模型分類的市场

  • 本地
    • 市场走向
    • 市场预测
  • 基于SaaS
    • 市场走向
    • 市场预测

第 7 章:按成分分類的市场细分

  • 软体
    • 市场走向
    • 主要类型
      • 联繫人管理
      • 简历管理
      • 移动招聘
      • 报告和分析
      • 工作流程管理
      • 其他的
    • 市场预测
  • 服务
    • 市场走向
    • 主要类型
      • 专业的
      • 管理
    • 市场预测

第 8 章:按企业规模分類的市场细分

  • 中小企业
    • 市场走向
    • 市场预测
  • 大型企业
    • 市场走向
    • 市场预测

第 9 章:按行业分類的市场细分

  • 製造业
    • 市场走向
    • 市场预测
  • 卫生保健
    • 市场走向
    • 市场预测
  • 款待
    • 市场走向
    • 市场预测
  • BFSI
    • 市场走向
    • 市场预测
  • 教育
    • 市场走向
    • 市场预测
  • 其他的
    • 市场走向
    • 市场预测

第 10 章:按地区分類的市场细分

  • 北美
    • 美国
      • 市场走向
      • 市场预测
    • 加拿大
      • 市场走向
      • 市场预测
  • 亚太地区
    • 中国
      • 市场走向
      • 市场预测
    • 日本
      • 市场走向
      • 市场预测
    • 印度
      • 市场走向
      • 市场预测
    • 韩国
      • 市场走向
      • 市场预测
    • 澳大利亚
      • 市场走向
      • 市场预测
    • 印尼
      • 市场走向
      • 市场预测
    • 其他的
      • 市场走向
      • 市场预测
  • 欧洲
    • 德国
      • 市场走向
      • 市场预测
    • 法国
      • 市场走向
      • 市场预测
    • 英国
      • 市场走向
      • 市场预测
    • 义大利
      • 市场走向
      • 市场预测
    • 西班牙
      • 市场走向
      • 市场预测
    • 俄罗斯
      • 市场走向
      • 市场预测
    • 其他的
      • 市场走向
      • 市场预测
  • 拉美
    • 巴西
      • 市场走向
      • 市场预测
    • 墨西哥
      • 市场走向
      • 市场预测
    • 其他的
      • 市场走向
      • 市场预测
  • 中东和非洲
    • 市场走向
    • 按国家/地区分類的市场细分
    • 市场预测

第 11 章:SWOT 分析

  • 概述
  • 优势
  • 弱点
  • 机会
  • 威胁

第 12 章:价值链分析

第 13 章:波特五力分析

  • 概述
  • 买家的议价能力
  • 供应商的议价能力
  • 竞争程度
  • 新进入者的威胁
  • 替代品的威胁

第14章:竞争格局

  • 市场结构
  • 关键参与者
  • 关键参与者简介
    • Accenture Plc
    • ADP LLC
    • Ceridian HCM Inc.
    • Cognizant Technology Solutions
    • Cornerstone OnDemand
    • iCIMS
    • Kenexa Corporation (IBM)
    • Oracle
    • PeopleAdmin
    • SAP
    • SumTotal Systems Inc.
    • Zoho Corporation
Product Code: SR112023A1917

Market Overview:

The global recruitment software market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.3% during 2023-2028. The rising need to manage the entire recruitment cycle and choose best candidate, shifting preferences toward cloud-based platforms, and escalating demand among small and medium-sized enterprises (SMEs) due to low maintenance costs, represent some of the major factors driving the market.

Recruitment software is a specialized technology tool or platform designed to streamline and automate various aspects of the hiring process. It assists organizations in managing their recruitment efforts more efficiently and effectively. It usually includes features such as applicant tracking, resume parsing, job posting, candidate sourcing, interview scheduling, and analytics/reporting capabilities. It enables recruiters and hiring managers to centralize candidate data, track applicants throughout the hiring pipeline, screen resumes, communicate with candidates, and ultimately make informed hiring decisions. It helps streamline and speed up recruitment workflows, reduces manual tasks, improves collaboration among hiring teams, and enhances overall recruitment outcomes. It also optimizes the recruitment process, saves time, and improves the quality of candidate selection, making it a valuable tool for modern talent acquisition strategies.

The rising need for organizations to streamline their recruitment processes and attract top talent efficiently will stimulate the growth of the market during the forecast period. It offers advanced features such as automated applicant tracking, resume parsing, and candidate relationship management, enabling companies to manage large volumes of applications and identify qualified candidates more effectively. Moreover, the growing adoption of digitalization and technology in HR practices has escalated product demand. Along with this, the integration of artificial intelligence (AI) and machine learning (ML) technologies into recruitment software that can help in resume screening, candidate matching, and predictive analytics, improving the efficiency and accuracy of candidate selection, has catalyzed market growth. Furthermore, the rising need for diversity and inclusion in the workplace has accelerated the product adoption among organizations as it supports unbiased and inclusive hiring practices.

Recruitment Software Market Trends/Drivers:

Rise in demand for streamlined recruitment processes

The demand for recruitment software has witnessed a significant upsurge due to the need to streamline recruitment processes. With a highly competitive job market and an increasing number of applicants for each position, organizations are seeking solutions that can efficiently manage the hiring workflow. It offers robust features such as applicant tracking, resume parsing, and candidate management, allowing recruiters to track and manage candidates throughout the recruitment pipeline seamlessly. These tools automate manual tasks, improve collaboration among hiring teams, and provide a centralized platform for managing candidate data. By streamlining recruitment processes, organizations can save time, reduce administrative burdens, and ensure a smoother and more organized hiring experience.

Shift toward digital transformation in HR practices

The digital transformation of HR practices has become a key priority for organizations across industries. As businesses embrace technology in various operations, HR departments also leverage digital tools to enhance efficiency and effectiveness. Recruitment software plays a crucial role in this digital transformation by providing solutions that streamline and automate the recruitment process. With online job postings, automated resume screening, and digital collaboration features, this software enables HR teams to optimize their hiring strategies. These tools also provide real-time analytics and reporting capabilities, empowering HR professionals to make data-driven decisions and track recruitment metrics. The integration of this software within digital HR ecosystems enables seamless integration with other HR modules, enhancing the overall efficiency and effectiveness of HR practices.

Integration of artificial intelligence and machine learning

Artificial Intelligence (AI) and Machine Learning (ML) technologies have significantly impacted the recruitment landscape. Integration of AI and ML within recruitment software has revolutionized candidate screening and selection processes. AI-powered tools can quickly and accurately screen resumes, identify relevant skills and experience, and match candidates to job requirements. This automation saves recruiters considerable time and effort in the initial stages of candidate evaluation. ML algorithms can also learn from historical data to predict candidate success, assisting recruiters in making informed hiring decisions. Moreover, AI and ML technologies reduce recruitment bias by standardizing and anonymizing candidate data, ensuring fair and unbiased candidate selection. Integrating these novel technologies within software enhances the efficiency, accuracy, and fairness of the hiring process while enabling recruiters to focus on strategic tasks such as candidate engagement and building relationships.

Recruitment Software Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global recruitment software market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on deployment model, component, enterprise size and vertical.

Deployment Model Insights:

On-premises

SaaS Based

The report has provided a detailed breakup and analysis of the market based on the deployment model. This includes on-premises and SaaS based.

On-premises deployment model is that model in which the recruitment software is installed and hosted locally on the organization's servers or infrastructure. The organization's IT team is responsible for managing and maintaining the software, including updates, security, and backups. On-premises deployment provides the organization with full control over the software and data, allowing them to customize and tailor the system to their specific needs.

SaaS-based recruitment software is hosted on the vendor's servers and accessed by users through a web browser. The software is centrally managed by the vendor, who handles all aspects of maintenance, updates, security, and data backups. Users typically pay a subscription fee based on usage or the number of users. SaaS-based deployment offers several advantages, including ease of implementation, scalability, accessibility from any device with an internet connection, and automatic software updates. It eliminates the need for upfront infrastructure investment and reduces the burden on the organization's IT team.

Component Insights:

Software

Contact Management

Resume Management

Mobile Recruitment

Reporting and Analytics

Workflow Management

Others

Services

Professional

Managed

Software holds the largest share in the market

A detailed breakup and analysis of the market based on the component has also been provided in the report. This includes software (contact management, resume management, mobile recruitment, reporting and analytics, workflow management, and others) and services (professional and managed). According to the report, software (professional and managed) accounted for the largest market share.

The software has emerged as the dominating component of the market due to several key drivers. Numerous technological advancements have revolutionized the recruitment industry, with software providers leveraging cloud computing, artificial intelligence, and automation to develop robust solutions. In line with this, the development of feature-rich software that enhances the efficiency and effectiveness of recruitment processes is propelling market growth. Apart from this, the cost-effectiveness and scalability of software-based solutions have played a significant role in their dominance. The software as a Service (SaaS) model allows organizations to access powerful recruitment tools without significant upfront investments in infrastructure and maintenance. The scalability of software ensures that recruitment solutions can accommodate the evolving needs of organizations, whether they are expanding or downsizing. Additionally, the surging adoption of software, as it provides easy accessibility and promotes collaboration among hiring teams, is positively influencing market growth. Furthermore, escalating demand for software as it offers automation capabilities, streamlining and automating various recruitment tasks such as applicant tracking, resume parsing, and candidate management is contributing to the market growth.

Enterprise Size Insights:

Small and Medium-Sized Enterprises

Large Enterprises

Large Enterprises dominates the market

A detailed breakup and analysis of the market based on the enterprise size has also been provided in the report. This includes small and medium-sized enterprises and large enterprises. According to the report, large enterprises accounted for the largest market share.

Large enterprises dominate the market due to several key drivers. Large organizations typically have complex and high-volume recruitment needs, requiring robust and scalable solutions. In addition, the surging adoption of software, as it provides the necessary tools to streamline and automate recruitment processes, such as applicant tracking, resume parsing, and candidate management, allowing large enterprises to efficiently manage many applicants and job openings, has catalyzed the market growth. Additionally, large enterprises often have dedicated HR departments and recruitment teams that can benefit from the advanced features and functionalities offered by this software, thereby contributing to segment growth. Apart from this, the financial resources available to large enterprises enable them to invest in this software that meets their specific requirements. This, in turn, has fueled the segment growth.

Vertical Insights:

Manufacturing

Healthcare

Hospitality

BFSI

Education

Others

A detailed breakup and analysis of the market based on the vertical has also been provided in the report. This includes manufacturing, healthcare, hospitality, BFSI, education, and others.

The manufacturing segment of the market caters to the specific hiring needs of the manufacturing industry. This includes industries involved in the production of goods, such as automotive, electronics, pharmaceuticals, and consumer goods. The manufacturing segment of the market caters to the specific hiring needs of the manufacturing industry. This includes industries involved in the production of goods, such as automotive, electronics, pharmaceuticals, and consumer goods.

The hospitality segment of the market caters to the staffing and recruitment needs of the hospitality industry, encompassing hotels, restaurants, resorts, and event management companies. The BFSI (Banking, Financial Services, and Insurance) segment focuses on solutions tailored to the needs of these industries. The software assists in sourcing and recruiting talent for various roles in banking, financial services, insurance companies, and other financial institutions. The education segment addresses the recruitment needs of the education sector, including schools, colleges, universities, and educational institutions.

Regional Insights:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance in the market

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the leading market.

North America held the largest market share since the region has a robust economy with a significant presence of large enterprises and multinational corporations. These organizations have complex recruitment needs and require sophisticated software solutions to streamline their hiring processes. The product demand is high in North America to efficiently manage the large volume of applicants and job openings.

Moreover, North America is a hub for technological advancements and innovation and has a strong presence of software providers and technology companies that develop cutting-edge recruitment software solutions, thereby accelerating the product adoption rate.

Furthermore, it provides the necessary tools to optimize hiring processes, improve candidate experience, and make data-driven decisions. In line with this, several organizations in North America are prioritizing efficient recruitment practices to attract and retain top talent, which in turn is contributing to market growth.

Competitive Landscape:

The market is experiencing a lower-than-anticipated demand compared to pre-pandemic levels. However, this is likely to witness a paradigm shift over the next decade with the rising incorporation of advanced features by key players, including applicant tracking systems (ATS), resume parsing, candidate relationship management (CRM), AI-powered automation, interview scheduling, video interviewing, and analytics/reporting capabilities into their recruitment software solutions. Key players are investing in improving the user experience of their software platforms by introducing features such as intuitive interfaces, mobile accessibility, customizable workflows, and seamless integration with other HR systems. We expect the market to witness new entrants, consolidation of portfolio, and increased collaborations to drive healthy competition within the domain.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Accenture Plc

ADP LLC

Ceridian HCM Inc.

Cognizant Technology Solutions

Cornerstone OnDemand

iCIMS

Kenexa Corporation (IBM)

Oracle

PeopleAdmin

SAP

SumTotal Systems Inc.

Zoho Corporation

Recent Developments:

In June 2023, Accenture Plc announced that it has entered into an agreement to acquire Anser Advisory, an advisory and management company for infrastructure projects in the United States. The acquisition will enhance Accenture's ability to help companies and state and local public sector organizations complete large, long-term infrastructure projects more predictably and efficiently - projects that support growth for clients and have a positive impact on communities.

In January 2023, ADP LLC, a global technology company providing human capital management (HCM) solutions, acquired Securax Tech Solutions (India) Private Limited, headquartered in Bengaluru, India. This strategic acquisition by ADP reflects its commitment to expanding its presence and market share in India, a country known for its thriving technology sector and skilled talent pool.

In February 2020, iCIMS, Inc., a market leader for cloud-based talent acquisition software solutions, announced that it has joined Ceridian's Dayforce Software Partner Program (DSPP). This partnership aims to offer a seamless integration between Ceridian's human capital management platform and iCIMS' best-in-class talent acquisition platform, to exchange data across the entire candidate and employee lifecycle.

Key Questions Answered in This Report

  • 1. How big is the global recruitment software market?
  • 2. What is the expected growth rate of the global recruitment software market during 2023-2028?
  • 3. What are the key factors driving the global recruitment software market?
  • 4. What has been the impact of COVID-19 on the global recruitment software market?
  • 5. What is the breakup of the global recruitment software market based on the component?
  • 6. What is the breakup of the global recruitment software market based on the enterprise size?
  • 7. What are the key regions in the global recruitment software market?
  • 8. Who are the key players/companies in the global recruitment software market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Recruitment Software Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Deployment Model

  • 6.1 On-premises
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 SaaS Based
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Component

  • 7.1 Software
    • 7.1.1 Market Trends
    • 7.1.2 Major Types
      • 7.1.2.1 Contact Management
      • 7.1.2.2 Resume Management
      • 7.1.2.3 Mobile Recruitment
      • 7.1.2.4 Reporting and Analytics
      • 7.1.2.5 Workflow Management
      • 7.1.2.6 Others
    • 7.1.3 Market Forecast
  • 7.2 Services
    • 7.2.1 Market Trends
    • 7.2.2 Major Types
      • 7.2.2.1 Professional
      • 7.2.2.2 Managed
    • 7.2.3 Market Forecast

8 Market Breakup by Enterprise Size

  • 8.1 Small and Medium-Sized Enterprises
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Large Enterprises
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Vertical

  • 9.1 Manufacturing
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Healthcare
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Hospitality
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 BFSI
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Education
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6 Others
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Accenture Plc
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 ADP LLC
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Ceridian HCM Inc.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
    • 14.3.4 Cognizant Technology Solutions
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Cornerstone OnDemand
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 iCIMS
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Kenexa Corporation (IBM)
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 Oracle
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 PeopleAdmin
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 SAP
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 SumTotal Systems Inc.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Zoho Corporation
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio

List of Figures

  • Figure 1: Global: Recruitment Software Market: Major Drivers and Challenges
  • Figure 2: Global: Recruitment Software Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Recruitment Software Market: Breakup by Deployment Model (in %), 2022
  • Figure 4: Global: Recruitment Software Market: Breakup by Component (in %), 2022
  • Figure 5: Global: Recruitment Software Market: Breakup by Enterprise Size (in %), 2022
  • Figure 6: Global: Recruitment Software Market: Breakup by Vertical (in %), 2022
  • Figure 7: Global: Recruitment Software Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Recruitment Software Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 9: Global: Recruitment Software (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Recruitment Software (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Recruitment Software (SaaS Based) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Recruitment Software (SaaS Based) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Recruitment Software (Software) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Recruitment Software (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Recruitment Software (Services) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Recruitment Software (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Recruitment Software (Small and Medium-Sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Recruitment Software (Small and Medium-Sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Recruitment Software (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Recruitment Software (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Recruitment Software (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Recruitment Software (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Recruitment Software (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Recruitment Software (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Recruitment Software (Hospitality) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Recruitment Software (Hospitality) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Recruitment Software (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Recruitment Software (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Recruitment Software (Education) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Recruitment Software (Education) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Recruitment Software (Other Verticals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Recruitment Software (Other Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: North America: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: North America: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: United States: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: United States: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Canada: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Canada: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Asia Pacific: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: Asia Pacific: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: China: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: China: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: Japan: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: Japan: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: India: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: India: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: South Korea: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: South Korea: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Australia: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Australia: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: Indonesia: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: Indonesia: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Others: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Others: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: Europe: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: Europe: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: Germany: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: Germany: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: France: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: France: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: United Kingdom: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: United Kingdom: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Italy: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Italy: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Spain: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Spain: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Russia: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Russia: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: Others: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: Others: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: Latin America: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: Latin America: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Brazil: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Brazil: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Mexico: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Mexico: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Others: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Others: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Middle East and Africa: Recruitment Software Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Middle East and Africa: Recruitment Software Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Global: Recruitment Software Industry: SWOT Analysis
  • Figure 82: Global: Recruitment Software Industry: Value Chain Analysis
  • Figure 83: Global: Recruitment Software Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Recruitment Software Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Recruitment Software Market Forecast: Breakup by Deployment Model (in Million US$), 2023-2028
  • Table 3: Global: Recruitment Software Market Forecast: Breakup by Component (in Million US$), 2023-2028
  • Table 4: Global: Recruitment Software Market Forecast: Breakup by Enterprise Size (in Million US$), 2023-2028
  • Table 5: Global: Recruitment Software Market Forecast: Breakup by Vertical (in Million US$), 2023-2028
  • Table 6: Global: Recruitment Software Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Recruitment Software Market: Competitive Structure
  • Table 8: Global: Recruitment Software Market: Key Players