Authored By: Sarah
03 Aug 2021

Recruitment Software Market | Leading Segments, Trends, Drivers and Challenges
Market Forecast and Growth Projections 2020-2024

Global recruitment software market will post an incremental growth of $ 683.80 mn and progressing at a CAGR of over 5% during the forecast period. Our research report segments the market into major segments and the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Recruitment Software Market: Segments and Leading  Regions

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The report segments the market by Geography (North America, Europe, APAC, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
  • 33% of the market growth will originate from Europe during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Recruitment Software Market size.

Recruitment Software Market Size to Grow by $ 683.80 mn through 2020-2024 | Leading Segments and Market Trends

Recruitment Software Market: Trends, Drivers, Challenges

The research report looks at the impact of various trends, drivers, and challenges for market growth during the forecast period. These insights will enable clients to design a growth strategy for their business and area of operations.

  • A significant factor in driving the growth of the Recruitment Software Market will be the growing corporate sector and start-ups.
  • drivers.2 is another factor that will be instrumental in driving market growth during the forecast period.
  • is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Recruitment Software Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Accenture Plc, Cognizant Technology Solutions Corp., Hireku Inc., International Business Machines Corp., iCIMS Inc., Microsoft Corp., Oracle Corp., Saba Software Inc., SAP SE, and Zoho Corp. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 5%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 683.80 mn through 2020-2024.

     
  3. What is a key factor driving this market?
    growing corporate sector and start-ups will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    33% growth will originate from Europe

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Accenture Plc, Cognizant Technology Solutions Corp., Hireku Inc., International Business Machines Corp., iCIMS Inc., Microsoft Corp., Oracle Corp., Saba Software Inc., SAP SE, and Zoho Corp.

     
  7. What are the market segments covered in this report?
    The market is segmented by Geography (North America, Europe, APAC, South America, and MEA)

Recruitment Software Market Size to Grow by $ 683.80 mn through 2020-2024  

Technavio research projects the recruitment software market to grow by $ 683.80 mn, accelerating at a CAGR of over 5% till 2025. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking


Recruitment Software Market: Receive FREE Sample Report


Recruitment Software Market: Key Market Driver

One of the primary factors that will trigger the growth of the recruitment software market size is growing corporate sector and start-ups. This research report provides a comprehensive analysis of all the factors that are likely to propel market growth, taking into account the market trends as well as challenges that are likely to impede growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.

Recruitment Software Market Size to Grow by $ 683.80 mn through 2020-2024 | Leading Segments and Market Trends

Recruitment Software Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Accenture Plc, Cognizant Technology Solutions Corp., Hireku Inc., International Business Machines Corp., iCIMS Inc., Microsoft Corp., Oracle Corp., Saba Software Inc., SAP SE, and Zoho Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

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