Global Recruitment Automation Software Market by Type (Web-Based, Cloud-based), By Application (SME (Small and Medium Enterprises), Large Enterprise) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global recruitment automation 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 adoption of recruitment automation software by small and medium enterprises (SMEs) and large enterprises across the globe. Additionally, the growing demand for cloud-based recruitment automation software is also contributing to the growth of this market. The web-based segment is expected to dominate the global recruitment automation software market during the forecast period, owing to its low cost and easy deployment.



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Product Definition:

Recruitment automation software is used to manage the recruitment process electronically. It can automate tasks such as emailing candidates, scheduling interviews, and tracking the progress of each stage in the process. This type of software can save time and improve accuracy.

Web-Based:

The web-based software is used to automate the recruitment process. It saves time and it's cost effective as compared to other software which are used in the traditional way of recruiting. The growth factor for this market is that it can be accessed from any location, thereby increasing its usability by candidates across the globe.

It reduces paper work.

Cloud-based:

Cloud-based software is a type of software that enables the user to access data or functionality remotely using internet technology. The cloud-based solutions are hosted by third party service providers and can be accessed from any location. It offers benefits such as easy accessibility, cost efficiency, reliability, and scalability which increases its demand among various end users such as recruitment agencies & employers.

Application Insights:

The global market is segmented by application into Small and Medium Enterprises (SMEs), Large enterprises, and others. The SMEs segment held the largest share in 2017. Recruitment software has enabled SMEs to scale recruitment processes rapidly, efficiently manage large candidate pools, reduce time taken for screening candidates & shortlisting suitable ones for interviews etc. Thus leading to increased adoption of these applications among small businesses to remain competitive in a globalized economy.

The large enterprise application segment is expected register the highest CAGR over the forecast period owing to advantages offered such as managing huge volumes of resumes with ease; reducing time required for screening & interviewing candidates; automating tasks such as job posting creation/modification; tracking applications through online portals and social media sites etc.

Regional Analysis:

North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to various factors such as increasing adoption of technology by SMEs, high demand for cloud-based solutions and a large number of vendors operating in the region. Moreover, North America has one of the highest penetration rates for recruitment software owing to increased use by medium and small enterprises for filling job vacancies across all industries.

Asia Pacific is anticipated to witness significant growth over the forecast period owing to an increase in investments from major players aimed at tapping into untapped markets within this region along with growing awareness about employment opportunities among job seekers resulting in higher acceptance rates for resumes/candidates through online portals or social media platforms leading to an increase in candidate volumes which would subsequently drive demand over next eight years. Furthermore, countries such as China and India are witnessing rapid technological advancements that would further fuel regional growth over next few years  (see Table 1).

Growth Factors:

Increased demand for Recruitment Automation Software from small and medium-sized businesses (SMBs) due to the benefits it offers such as reduced recruitment costs, time savings, and improved accuracy of candidate selection.
The growing popularity of social media and online job portals has led to an increase in the number of potential candidates for recruitment, making automation a more viable option.
Rapid advancements in technology have made automation more efficient and user-friendly, resulting in wider adoption across industries.
Stringent government regulations mandating the use of qualified personnel for specific jobs are driving organizations towards automation as a means to overcome these challenges cost-effectively .


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Scope Of The Report
Report Attributes
Report Details
Report Title
Recruitment Automation Software Market Research Report
By Type
Web-Based, Cloud-based
By Application
SME (Small and Medium Enterprises), Large Enterprise
By Companies
JobDiva, JazzHR, Greenhouse, SmartRecruiters, ZipRecruiter, Bullhorn, Zoho, LinkedIn, Hiretual, Entelo, Fountain, CEIPAL Corp
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.

Global Recruitment Automation Software Market Report Segments:
The global Recruitment Automation Software market is segmented on the basis of:
Types
Web-Based, Cloud-based
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
SME (Small and Medium Enterprises), Large Enterprise
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:
JobDiva
JazzHR
Greenhouse
SmartRecruiters
ZipRecruiter
Bullhorn
Zoho
LinkedIn
Hiretual
Entelo
Fountain
CEIPAL Corp



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Highlights of The Recruitment Automation 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:
Web-Based
Cloud-based
By Application:
SME (Small and Medium Enterprises)
Large Enterprise
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 Recruitment Automation 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

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