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市場調查報告書
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1347677

招聘軟體市場:2023-2028 年全球行業趨勢、佔有率、規模、成長、機遇和預測

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個工作天內

價格

市場概況:

2022年全球招聘軟體市場規模達到21億美元。展望未來,IMARC Group預計到2028年市場規模將達到30億美元,2023-2028年年複合成長率(CAGR)為6.3%。管理整個招聘週期和選擇最佳候選人的需求不斷成長,偏好轉向雲端基礎平台,以及由於維護成本低而導致中小型企業(SME)的需求不斷增加,是推動市場的一些主要因素。

招聘軟體是一種專門的技術工具或平台,旨在簡化和自動化招聘流程的各個方面。它幫助組織更有效地管理其招聘工作。它通常包括申請人追蹤、簡歷解析、職位發布、候選人搜尋、面試安排和分析/報告功能等功能。它使招聘人員和招聘經理能夠集中候選人數據,在整個招聘流程中追蹤申請人,篩選簡歷,與候選人溝通,並最終做出明智的招聘決策。它有助於簡化和加快招聘工作流程,減少手動任務,改善招聘團隊之間的協作,並提高整體招聘結果。它還最佳化了招聘流程,節省了時間,提高了候選人選擇的品質,使其成為現代人才獲取策略的寶貴工具。

組織對簡化招聘流程和有效吸引頂尖人才的需求不斷成長,這將刺激預測期內市場的成長。它提供自動申請人追蹤、簡歷解析和候選人關係管理等高級功能,使公司能夠管理大量申請並更有效地識別合格的候選人。此外,人力資源實踐中擴大採用數位化和技術,導致產品需求不斷上升。與此同時,將人工智慧(AI) 和機器學習(ML) 技術整合到招聘軟體中,有助於簡歷篩選、候選人匹配和預測分析,提高候選人選擇的效率和準確性,促進了市場成長。此外,工作場所對多樣性和包容性的需求不斷成長,加速了組織對產品的採用,因為它支持公正和包容性的招聘實踐。

招聘軟體市場趨勢/促進因素:

對簡化招聘流程的需求增加

由於需要簡化招聘流程,對招聘軟體的需求大幅增加。隨著就業市場競爭激烈,每個職位的申請人數量不斷增加,組織正在尋求能夠有效管理招聘工作流程的解決方案。它提供了強大的功能,例如申請人追蹤、簡歷解析和候選人管理,使招聘人員能夠在整個招聘流程中無縫追蹤和管理候選人。這些工具自動執行手動任務,改善招聘團隊之間的協作,並提供用於管理候選人數據的集中平台。通過簡化招聘流程,組織可以節省時間、減輕管理負擔,並確保更順暢、更有條理的招聘體驗。

人力資源實踐向數位化轉型的轉變

人力資源實踐的數位化轉型已成為各行業組織的首要任務。隨著企業在各種營運中採用技術,人力資源部門也利用數位工具來提高效率和效益。招聘軟體通過提供簡化和自動化招聘流程的解決方案,在這一數位化轉型中發揮著至關重要的作用。借助線上職位發布、自動簡歷篩选和數位協作功能,該軟體使人力資源團隊能夠最佳化其招聘策略。這些工具還提供即時分析和報告功能,使人力資源專業人員能夠做出數據驅動的決策並追蹤招聘指標。該軟體在數位人力資源生態系統中的整合可以與其他人力資源模組無縫整合,從而提高人力資源實踐的整體效率和有效性。

人工智慧與機器學習的融合

人工智慧 (AI) 和機器學習 (ML) 技術對招聘格局產生了重大影響。招聘軟體中人工智慧和機器學習的整合徹底改變了候選人篩选和選擇流程。人工智慧驅動的工具可以快速準確地篩選簡歷,識別相關技能和經驗,並將候選人與工作要求相匹配。這種自動化在候選人評估的初始階段為招聘人員節省了大量的時間和精力。機器學習算法還可以從歷史數據中學習來預測候選人的成功,幫助招聘人員做出明智的招聘決策。此外,人工智慧和機器學習技術通過標準化和匿名化候選人數據來減少招聘偏見,確保公平和公正的候選人選擇。將這些新技術整合到軟體中可以提高招聘流程的效率、準確性和公平性,同時使招聘人員能夠專注於戰略任務,例如候選人參與和建立關係。

招聘軟體行業細分:

IMARC Group 提供了全球招聘軟體市場報告各細分市場主要趨勢的分析,以及 2023-2028 年全球、區域和國家層面的預測。我們的報告根據部署模型、組件、企業規模和垂直領域對市場進行了分類。

部署模型見解:

本地

基於SaaS

該報告根據部署模型對市場進行了詳細的細分和分析。這包括本地和基於 SaaS 的。

本地部署模型是在組織的伺服器或基礎設施上本地安裝和託管招聘軟體的模型。組織的 IT 團隊負責管理和維護軟體,包括更新、安全和備份。本地部署為組織提供了對軟體和數據的完全控制,使他們能夠根據自己的特定需求客製化和客製化系統。

基於 SaaS 的招聘軟體託管在供應商的伺服器上,用戶可以通過 Web 瀏覽器訪問。該軟體由供應商集中管理,供應商處理維護、更新、安全和數據備份的各個方面。用戶通常根據使用情況或用戶數量支付訂閱費。基於 SaaS 的部署具有多種優勢,包括易於實施、可擴展性、可通過任何具有網際網路連接的設備進行訪問以及自動軟體更新。它消除了前期基礎設施投資的需要,並減輕了組織 IT 團隊的負擔。

組件見解:

軟體

聯繫人管理

簡歷管理

移動招聘

報告和分析

工作流程管理

其他

服務

專業的

管理

軟體在市場上佔有最大佔有率

報告還提供了基於組件的詳細市場細分和分析。這包括軟體(聯繫人管理、簡歷管理、移動招聘、報告和分析、工作流程管理等)和服務(專業和託管)。報告顯示,軟體(專業和管理)佔據了最大的市場佔有率。

由於幾個關鍵促進因素,該軟體已成為市場的主導組件。許多技術進步徹底改變了招聘行業,軟體提供商利用雲端運算、人工智慧和自動化來開發強大的解決方案。與此相一致的是,開發功能豐富的軟體來提高招聘流程的效率和有效性,正在推動市場成長。除此之外,基於軟體的解決方案的成本效益和可擴展性在其主導地位中發揮了重要作用。軟體即服務 (SaaS) 模型允許組織訪問強大的招聘工具,而無需在基礎設施和維護方面進行大量前期投資。軟體的可擴展性確保招聘解決方案能夠滿足組織不斷變化的需求,無論組織規模是擴大還是縮小。此外,軟體的大量採用,因為它提供了便捷的訪問方式並促進了招聘團隊之間的協作,正在對市場成長產生積極影響。此外,由於軟體提供自動化功能、簡化和自動化各種招聘任務(例如申請人追蹤、簡歷解析和候選人管理),對軟體的需求不斷增加,這也促進了市場的成長。

企業規模洞察:

中小企業

大型企業

大企業主導市場

報告還根據企業規模對市場進行了詳細的細分和分析。這包括中小企業和大型企業。報告顯示,大型企業佔據了最大的市場佔有率。

由於幾個關鍵促進因素,大型企業在市場上佔據主導地位。大型組織通常有複雜且大量的招聘需求,需要強大且可擴展的解決方案。此外,軟體的大量採用,因為它提供了簡化和自動化招聘流程的必要工具,例如申請人追蹤、簡歷解析和候選人管理,使大型企業能夠有效地管理許多申請人和職位空缺,這也刺激了市場生長。此外,大型企業通常擁有專門的人力資源部門和招聘團隊,可以從該軟體提供的高級特性和功能中受益,從而促進細分市場的成長。除此之外,大型企業可用的財務資源使他們能夠投資於滿足其特定要求的軟體。這反過來又推動了該細分市場的成長。

垂直洞察:

製造業

衛生保健

款待

BFSI

教育

其他

報告還提供了基於垂直市場的詳細細分和分析。這包括製造、醫療保健、酒店、BFSI、教育等。

市場的製造部分迎合了製造業的特定招聘需求。這包括涉及商品生產的行業,例如汽車、電子、製藥和消費品。市場的製造部分迎合了製造業的特定招聘需求。這包括涉及商品生產的行業,例如汽車、電子、製藥和消費品。

酒店業市場滿足酒店業的人員配置和招聘需求,包括酒店、餐廳、度假村和活動管理公司。 BFSI(銀行、金融服務和保險)部門專注於為這些行業的需求量身定做的解決方案。該軟體可協助銀行、金融服務、保險公司和其他金融機構尋找和招聘各種職位的人才。教育部門解決教育部門的招聘需求,包括學校、學院、大學和教育機構。

區域見解:

北美

美國

加拿大

亞太

中國

日本

印度

韓國

澳大利亞

印尼

其他

歐洲

德國

法國

英國

義大利

西班牙

俄羅斯

其他

拉丁美洲

巴西

墨西哥

其他

中東和非洲

北美在市場上表現出明顯的主導地位

該報告還對所有主要區域市場進行了全面分析,其中包括北美(美國和加拿大);亞太地區(中國、日本、印度、韓國、澳大利亞、印尼等);歐洲(德國、法國、英國、義大利、西班牙、俄羅斯等);拉丁美洲(巴西、墨西哥等);以及中東和非洲。報告稱,北美是主要市場。

北美擁有最大的市場佔有率,因為該地區經濟強勁,大型企業和跨國公司大量存在。這些組織具有複雜的招聘需求,需要複雜的軟體解決方案來簡化其招聘流程。北美地區的產品需求量很大,需要有效管理大量申請人和職位空缺。

此外,北美是技術進步和創新的中心,擁有大量開發尖端招聘軟體解決方案的軟體提供商和技術公司,從而加快了產品採用率。

此外,它還提供了必要的工具來最佳化招聘流程、改善候選人體驗並做出數據驅動的決策。據此,北美的一些組織正在優先考慮有效的招聘實踐,以吸引和留住頂尖人才,從而促進市場成長。

競爭格局:

與大流行前的水平相比,市場的需求低於預期。然而,隨著主要參與者擴大採用先進功能,包括申請人追蹤系統(ATS)、簡歷解析、候選人關係管理(CRM)、人工智慧驅動的自動化、面試安排,這可能會在未來十年見證範式轉變。 、影片面試和分析/報告功能融入其招聘軟體解決方案中。主要參與者正在投資改善其軟體平台的用戶體驗,引入直覺的界面、移動可訪問性、可客製化的工作流程以及與其他人力資源系統的無縫整合等功能。我們預計市場將見證新進入者、產品組合整合以及加強合作,以推動領域內的良性競爭。

該報告對市場競爭格局進行了全面分析。還提供了所有主要公司的詳細資料。市場上的一些主要參與者包括:

埃森哲公司

ADP有限責任公司

Ceridian HCM 公司

認知技術解決方案

基石點播

整合化整合管理系統

Kenexa 公司 (IBM)

甲骨文

人員管理

樹液

總和系統公司

佐霍公司

最近的發展:

2023 年 6 月,埃森哲公司宣布已達成協議,收購美國基礎設施項目諮詢和管理公司 Anser Advisory。此次收購將增強埃森哲幫助公司、州和地方公共部門組織更可預測、更高效地完成大型長期基礎設施項目的能力,這些項目支持客戶成長並對社區產生積極影響。

2023 年 1 月,提供人力資本管理 (HCM) 解決方案的全球科技公司 ADP LLC 收購了總部位於印度班加羅爾的 Securax Tech Solutions (India) Private Limited。 ADP 的此次戰略收購體現了其擴大在印度的業務和市場佔有率的承諾,印度以其蓬勃發展的技術行業和熟練人才庫而聞名。

2020 年 2 月,雲端基礎人才招聘軟體解決方案的市場領導者 iCIMS, Inc. 宣布已加入 Ceridian 的 Dayforce 軟體合作夥伴計劃 (DSPP)。此次合作旨在實現 Ceridian 的人力資本管理平台與 iCIMS 一流的人才獲取平台之間的無縫整合,從而在整個候選人和員工生命週期中交換數據。

本報告回答的關鍵問題

  • 全球招聘軟體市場有多大
  • 2023-2028年全球招聘軟體市場的預期成長率是多少
  • 推動全球招聘軟體市場的關鍵因素是什麼
  • COVID-19 對全球招聘軟體市場有何影響
  • 全球招聘軟體市場按組件分類是怎樣的
  • 全球招聘軟體市場按企業規模分類是怎樣的
  • 全球招聘軟體市場的重點區域有哪些
  • 誰是全球招聘軟體市場的主要參與者/公司

本報告回答的關鍵問題

  • 全球招聘軟體市場有多大?
  • 2023-2028年全球招聘軟體市場的預期成長率是多少?
  • 推動全球招聘軟體市場的關鍵因素是什麼?
  • COVID-19 對全球招聘軟體市場有何影響?
  • 全球招聘軟體市場按組件分類是怎樣的?
  • 全球招聘軟體市場按企業規模分類是怎樣的?
  • 全球招聘軟體市場的重點區域有哪些?
  • 全球招聘軟體市場的主要參與者/公司有哪些?

目錄

第一章:前言

第 2 章:範圍和方法

  • 研究目的
  • 利益相關者
  • 數據源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球招聘軟體市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場預測

第 6 章:按部署模型分類的市場

  • 本地
    • 市場走向
    • 市場預測
  • 基於SaaS
    • 市場走向
    • 市場預測

第 7 章:按成分分類的市場細分

  • 軟體
    • 市場走向
    • 主要類型
      • 聯繫人管理
      • 簡歷管理
      • 移動招聘
      • 報告和分析
      • 工作流程管理
      • 其他
    • 市場預測
  • 服務
    • 市場走向
    • 主要類型
      • 專業的
      • 管理
    • 市場預測

第 8 章:按企業規模分類的市場細分

  • 中小企業
    • 市場走向
    • 市場預測
  • 大型企業
    • 市場走向
    • 市場預測

第 9 章:按行業分類的市場細分

  • 製造業
    • 市場走向
    • 市場預測
  • 衛生保健
    • 市場走向
    • 市場預測
  • 款待
    • 市場走向
    • 市場預測
  • BFSI
    • 市場走向
    • 市場預測
  • 教育
    • 市場走向
    • 市場預測
  • 其他
    • 市場走向
    • 市場預測

第 10 章:按地區分類的市場細分

  • 北美
    • 美國
      • 市場走向
      • 市場預測
    • 加拿大
      • 市場走向
      • 市場預測
  • 亞太地區
    • 中國
      • 市場走向
      • 市場預測
    • 日本
      • 市場走向
      • 市場預測
    • 印度
      • 市場走向
      • 市場預測
    • 韓國
      • 市場走向
      • 市場預測
    • 澳大利亞
      • 市場走向
      • 市場預測
    • 印尼
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 歐洲
    • 德國
      • 市場走向
      • 市場預測
    • 法國
      • 市場走向
      • 市場預測
    • 英國
      • 市場走向
      • 市場預測
    • 義大利
      • 市場走向
      • 市場預測
    • 西班牙
      • 市場走向
      • 市場預測
    • 俄羅斯
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 拉丁美洲
    • 巴西
      • 市場走向
      • 市場預測
    • 墨西哥
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 中東和非洲
    • 市場走向
    • 按國家/地區分類的市場細分
    • 市場預測

第 11 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 12 章:價值鏈分析

第 13 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第14章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • 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