Market Overview:
The global online recruitment software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for online recruitment software from various end-user industries, such as manufacturing, healthcare, services, BFSI, education and others. Additionally, the growing trend of using social media for recruiting candidates is also contributing to the growth of this market. However, lack of awareness about online recruitment software among small and medium enterprises (SMEs) is restraining the growth of this market.
Product Definition:
Online Recruitment Software is a type of software that helps organizations to find and hire new employees. It enables companies to post job openings, review applications, and interview candidates online. Online Recruitment Software also allows organizations to track the progress of recruiting campaigns, manage applicant data, and create reports on hiring activity.
Software:
Software is any collection of rules, procedures, processes, and tools that provide a direction for achieving a particular result. Software solutions are used to carry out various tasks including data capture forms processing and analysis. The global online recruitment software market size was valued at USD 1.05 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period owing to its increasing adoption in the BFSI sector for recruiting purposes.
Services:
Services are the set of processes and practices that help organizations to deliver better quality outcomes in terms of candidate sourcing, recruitment management, workforce planning and talent pooling. The services include consulting, digital marketing solutions (e-mail & social media), data analytics & reporting tools, online recruiting solutions (reskilling & lateral hiring), staffing services and other related activities.
Application Insights:
The application segment is segregated into services, manufacturing, healthcare, BFSI and education. The BFSI sector accounted for the largest market share in 2017. This can be attributed to the high penetration of online recruitment software by major banks and financial institutions for filling up vacancies across various departments such as IT/Telecom & Services, HR/Recruitment & Advertisements and others.
Online recruitment software helps in reducing costs associated with advertising campaigns conducted through newspapers or other mediums which are costly when compared to online advertisements. Online recruiters help in screening resumes from thousands of candidates within a second without having to pore over each resume individually as is done traditionally by recruiters; this saves both time and resources thereby increasing efficiency throughout the process of filling up vacancies at an organization level thus contributing towards a large market share for online recruiter solutions globally.
Regional Analysis:
North America dominated the overall market in 2017. The region is expected to maintain its position throughout the forecast period owing to presence of a large number of industry players and high adoption rate for advanced technologies. In addition, increasing demand for online recruitment software as a result of growing need for cost-effective human resource solutions is also expected to drive regional growth over the next seven years.
Asia Pacific online recruitment software market is anticipated to grow at an exponential rate during the forecast period due to increasing penetration of internet users and rising awareness about various employment opportunities across various industries in developing countries such as China, India, Bangladesh & Sri Lanka (CBI&SL) and Vietnam. Furthermore, rapid development in IT sector along with expansion of manufacturing facilities by major global companies will further boost growth over coming years.
Growth Factors:
- Increasing demand for online recruitment software from small and medium-sized businesses (SMBs) due to the advantages offered by such software over traditional methods of recruitment.
- The growing trend of using social media platforms for recruiting candidates, which is benefitting the online recruitment software market.
- Rising number of job seekers who are comfortable with using technology for finding jobs, thus providing a potential growth opportunity for the online recruitment software market.
- Proliferation of mobile devices and apps that are making it easier for job seekers to search and apply for jobs on the go, thereby driving demand for online recruitment software solutions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Online Recruitment Software Market Research Report
By Type
Software, Services
By Application
Manufacturing, Healthcare, Services, BFSI, Education, Others
By Companies
SAP SE, Ultimate Software, Sum Total Systems, Talentsoft, Oracle Corporation, Cornerstone OnDemand, Zoho Corporation, Talentpool, Clear Company, Jobvite
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Online Recruitment Software Market Report Segments:
The global Online Recruitment Software market is segmented on the basis of:
Types
Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Healthcare, Services, BFSI, Education, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SAP SE
- Ultimate Software
- Sum Total Systems
- Talentsoft
- Oracle Corporation
- Cornerstone OnDemand
- Zoho Corporation
- Talentpool
- Clear Company
- Jobvite
Highlights of The Online Recruitment Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- By Application:
- Manufacturing
- Healthcare
- Services
- BFSI
- Education
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Online Recruitment Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Online recruitment software is a computer application that helps businesses to find and hire the best candidates. It includes features such as job boards, resume databases, and chat rooms where employers can talk to potential employees.
Some of the major companies in the online recruitment software market are SAP SE, Ultimate Software, Sum Total Systems, Talentsoft, Oracle Corporation, Cornerstone OnDemand, Zoho Corporation, Talentpool, Clear Company, Jobvite.
The online recruitment software market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Online Recruitment Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Online Recruitment Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Online Recruitment Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Online Recruitment Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Online Recruitment Software Market Size & Forecast, 2018-2028
4.5.1 Online Recruitment Software Market Size and Y-o-Y Growth
4.5.2 Online Recruitment Software Market Absolute $ Opportunity
Chapter 5 Global Online Recruitment Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Online Recruitment Software Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Online Recruitment Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Online Recruitment Software Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Healthcare
6.2.3 Services
6.2.4 BFSI
6.2.5 Education
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Online Recruitment Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Online Recruitment Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Online Recruitment Software Analysis and Forecast
9.1 Introduction
9.2 North America Online Recruitment Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Online Recruitment Software Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Online Recruitment Software Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Healthcare
9.10.3 Services
9.10.4 BFSI
9.10.5 Education
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Online Recruitment Software Analysis and Forecast
10.1 Introduction
10.2 Europe Online Recruitment Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Online Recruitment Software Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Online Recruitment Software Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Healthcare
10.10.3 Services
10.10.4 BFSI
10.10.5 Education
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Online Recruitment Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Online Recruitment Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Online Recruitment Software Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Online Recruitment Software Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Healthcare
11.10.3 Services
11.10.4 BFSI
11.10.5 Education
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Online Recruitment Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Online Recruitment Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Online Recruitment Software Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Online Recruitment Software Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Healthcare
12.10.3 Services
12.10.4 BFSI
12.10.5 Education
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Online Recruitment Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Online Recruitment Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Online Recruitment Software Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Online Recruitment Software Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Healthcare
13.10.3 Services
13.10.4 BFSI
13.10.5 Education
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Online Recruitment Software Market: Competitive Dashboard
14.2 Global Online Recruitment Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SAP SE
14.3.2 Ultimate Software
14.3.3 Sum Total Systems
14.3.4 Talentsoft
14.3.5 Oracle Corporation
14.3.6 Cornerstone OnDemand
14.3.7 Zoho Corporation
14.3.8 Talentpool
14.3.9 Clear Company
14.3.10 Jobvite
