Market Overview:
The global recruiting agency software market is expected to grow from USD 1.02 Billion in 2018 to USD 2.48 Billion by 2030, at a CAGR of 12.8% during the forecast period. The growth of the market can be attributed to the increasing demand for cloud-based recruiting agency software and the growing need for automation in recruitment processes. However, data security and privacy concerns may restrain the growth of this market to some extent during the forecast period. On basis of type, cloud-based recruiting agency software is expected to account for a larger share than on-premises software during the forecast period.
Product Definition:
Recruitment agency software is a type of software that is used by recruitment agencies to manage their operations. This type of software can include features for managing job postings, tracking applicant submissions, managing employee records, and more. The importance of recruiting agency software lies in its ability to help recruitment agencies manage their operations more effectively and efficiently.
Cloud-based:
Cloud-based software is a type of software that runs on the internet. It uses the internet as its operating system and can be accessed from any location or device. The major advantage of cloud-based solutions is that there are no upfront costs for installation, licensing, or support; it's all free. This has been a key factor in increasing adoption among small & medium enterprises (SMEs).
On-premises:
On-premises software is a type of software that is installed and used on the end user's computer, laptop or desktop. The end-user can connect to the server using a unique IP address which allows them to access their work remotely. This type of software does not require an internet connection and hence it provides more privacy as compared to cloud based solutions.
Application Insights:
The other application segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. Other applications include government, non-profit organizations, and large enterprises. Large enterprises are generally more technologically advanced as compared to small and medium-sized businesses (SMBs). Thus they prefer a high-tech solution that caters to their specific needs. Recruitment agencies offer software solutions specifically designed for large enterprise requirements. The ability of these solutions to support a large number of users efficiently from different locations is anticipated to drive their adoption among larger organizations over the forecast period.
Recruitment software has become an essential tool in SMBs as well as midsize businesses for sourcing, screening and hiring candidates across all recruitment activities including job postings, online applications & resumes, onsite interviews etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to various factors such as presence of a large number of Recruiting Agencies, High Demand for Talented People, and Growing Technology Adoption by Companies. Moreover, increasing use of social media and online job portals has been driving the regional market growth.
Asia Pacific is anticipated to emerge with high growth potential during the forecast period owing to growing awareness among people about available opportunities in IT sector along with increased focus on soft skills development for career advancement purpose.
Growth Factors:
- Increased demand for recruiting agency software from small and medium-sized businesses (SMBs) due to the benefits it offers, such as reduced recruitment costs and improved efficiency.
- The growing popularity of cloud-based solutions, which makes the software more accessible and affordable for businesses of all sizes.
- The increasing use of social media platforms for recruiting, which has led to a surge in demand for software that can help recruiters manage and track their social media campaigns more effectively.
- The rising number of freelance workers worldwide, who are often recruited through online job boards and need access to specialized recruiting software tools that can help them find work quickly and easily.
- Advances in artificial intelligence (AI) technology that are making it possible to develop smarter algorithms that can automate many tasks currently done by human recruiters, such as screening resumes or conducting interviews
Scope Of The Report
Report Attributes
Report Details
Report Title
Recruiting Agency Software Market Research Report
By Type
Cloud-based, On-premises
By Application
Small Business, Midsize Enterprise, Large Enterprise, Other
By Companies
Zoho, iSmartRecruit, COMPAS Technology, Avionte, TempWorks Software, Recruiterflow, Chameleon-i, eBoss Online Recruitment Solutions, Firefish Software, Added Value Applications, Flo Software Solutions, Herefish, MaxServices Group, Seagrass Software, CiiVSoft, Appetency Recruitment, Vizirecruiter, Zeel Solutions
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Recruiting Agency Software Market Report Segments:
The global Recruiting Agency Software market is segmented on the basis of:
Types
Cloud-based, On-premises
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
Small Business, Midsize Enterprise, Large Enterprise, Other
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:
- Zoho
- iSmartRecruit
- COMPAS Technology
- Avionte
- TempWorks Software
- Recruiterflow
- Chameleon-i
- eBoss Online Recruitment Solutions
- Firefish Software
- Added Value Applications
- Flo Software Solutions
- Herefish
- MaxServices Group
- Seagrass Software
- CiiVSoft
- Appetency Recruitment
- Vizirecruiter
- Zeel Solutions
Highlights of The Recruiting Agency 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:
- Cloud-based
- On-premises
- By Application:
- Small Business
- Midsize Enterprise
- Large Enterprise
- Other
- 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 Recruiting Agency 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
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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?
Recruiting agency software is a computer program that helps recruiters manage their recruiting process. It includes features such as job boards, email marketing, and tracking of candidate progress.
Some of the major players in the recruiting agency software market are Zoho, iSmartRecruit, COMPAS Technology, Avionte, TempWorks Software, Recruiterflow, Chameleon-i, eBoss Online Recruitment Solutions, Firefish Software, Added Value Applications, Flo Software Solutions, Herefish, MaxServices Group, Seagrass Software, CiiVSoft, Appetency Recruitment, Vizirecruiter, Zeel Solutions.
The recruiting agency software market is expected to register a CAGR of 12.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Recruiting Agency 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 Recruiting Agency Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Recruiting Agency 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 Recruiting Agency 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 Recruiting Agency Software Market Size & Forecast, 2020-2028
4.5.1 Recruiting Agency Software Market Size and Y-o-Y Growth
4.5.2 Recruiting Agency Software Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-premises
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Small Business
6.2.2 Midsize Enterprise
6.2.3 Large Enterprise
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Recruiting Agency 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 Recruiting Agency 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-premises
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 Market Size Forecast by Applications
9.10.1 Small Business
9.10.2 Midsize Enterprise
9.10.3 Large Enterprise
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-premises
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 Market Size Forecast by Applications
10.10.1 Small Business
10.10.2 Midsize Enterprise
10.10.3 Large Enterprise
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-premises
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 Market Size Forecast by Applications
11.10.1 Small Business
11.10.2 Midsize Enterprise
11.10.3 Large Enterprise
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-premises
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 Market Size Forecast by Applications
12.10.1 Small Business
12.10.2 Midsize Enterprise
12.10.3 Large Enterprise
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-premises
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) Market Size Forecast by Applications
13.10.1 Small Business
13.10.2 Midsize Enterprise
13.10.3 Large Enterprise
13.10.4 Other
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 Recruiting Agency Software Market: Competitive Dashboard
14.2 Global Recruiting Agency Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zoho
14.3.2 iSmartRecruit
14.3.3 COMPAS Technology
14.3.4 Avionte
14.3.5 TempWorks Software
14.3.6 Recruiterflow
14.3.7 Chameleon-i
14.3.8 eBoss Online Recruitment Solutions
14.3.9 Firefish Software
14.3.10 Added Value Applications
14.3.11 Flo Software Solutions
14.3.12 Herefish
14.3.13 MaxServices Group
14.3.14 Seagrass Software
14.3.15 CiiVSoft
14.3.16 Appetency Recruitment
14.3.17 Vizirecruiter
14.3.18 Zeel Solutions
