Market Overview:
The global tech recruiting platform 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 skilled professionals in various industries, such as BFSI, manufacturing, education, healthcare, media & entertainment, hospitality and others. In addition, the growing trend of cloud-based solutions is also contributing to the growth of this market. However, lack of awareness about these platforms among potential users is restraining the growth of this market.
Product Definition:
A tech recruiting platform is a web-based or mobile application that helps companies connect with potential candidates for technology-related positions. It can be used to post job openings, search for candidates, and manage the hiring process. A tech recruiting platform can be an important tool for companies looking to fill technology-related positions.
Cloud Based:
Cloud-based solutions are expected to witness significant growth in the coming years. The major factor contributing to this growth is its cost effectiveness. Cloud based software helps organizations eliminate hardware and reduce costs significantly, which is also expected to drive market demand over the forecast period.
The cloud based tech recruiting platform offers several advantages such as on-demand services, scalability, flexibility and easy deployment among others; which are anticipated to positively impact market growth over the next few years.
On Premise:
On premise is a term used to define software or hardware installed and operated on the client's premises. It can also be used for web-based services that are accessed from remote locations. The most common types of on premise software include recruiting management systems, time & attendance tracking systems, employee relationship management solutions and enterprise performance monitoring solutions.
Application Insights:
The BFSI sector dominated the global tech recruiting platform market in 2017. The segment is expected to register a CAGR of XX% from 2018 to 2030. This growth can be attributed to the increasing demand for skilled manpower across all banks and financial institutions, especially during times when there is a need for digital transformation in order to remain competitive in the 21st century economy.
The manufacturing sector also accounted for a significant share of the overall revenue in 2017 owing to an increase in investments by companies operating within this industry towards automation technologies such as robotics and automated systems which are widely used within factories flooring these days.
Regional Analysis:
The Asia Pacific region dominated the global market in 2017. The presence of a large number of technology companies, availability of skilled resources, and low costs associated with offshore recruitment are some key factors driving the regional market growth. China is considered to be one of the most attractive outsourcing destinations for techies across the world due to its low-cost labor force and high-quality infrastructure facilities.
North America is expected to grow at a significant rate over the forecast period owing to increasing investments in artificial intelligence by major tech giants such as Google Inc., Apple Inc., Microsoft Corporation, Facebook, Amazon Web Services LLC among others. These investments have led to growing adoption across several industries such as healthcare & life sciences; retail & ecommerce; manufacturing; transportation & logistics among others thus fueling demand for global talent acquisition in this region also known as ‘AI hubs’ or ‘tech hubs’ around the world including U.S.
Growth Factors:
- Increased demand for skilled tech workers: As technology becomes more complex and ubiquitous, the demand for skilled tech workers continues to grow. This is driving businesses of all sizes to seek out qualified tech candidates through recruiting platforms.
- Rapid growth of the internet economy: The internet economy is booming, with online sales reaching 3 billion in 2017. This is fueling rapid growth in the tech sector, which in turn is driving demand for Tech Recruiting Platforms.
- Shift from traditional hiring methods to recruiting platforms: Traditional hiring methods such as job postings and resumes are no longer effective in finding qualified tech candidates. Businesses are increasingly turning to recruiting platforms to find the best talent available.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tech Recruiting Platform Market Research Report
By Type
Cloud Based, On Premise
By Application
BFSI, Manufacturing, Education, Healthcare, Media & Entertainment, Hospitality, Others
By Companies
Codility, iMocha, CodeSignal, HackerRank, TestGorilla, HireVue, DevSkiller, HackerEarth, TestDome, Coderbyte
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Tech Recruiting Platform Market Report Segments:
The global Tech Recruiting Platform market is segmented on the basis of:
Types
Cloud Based, On Premise
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
BFSI, Manufacturing, Education, Healthcare, Media & Entertainment, Hospitality, 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:
- Codility
- iMocha
- CodeSignal
- HackerRank
- TestGorilla
- HireVue
- DevSkiller
- HackerEarth
- TestDome
- Coderbyte
Highlights of The Tech Recruiting Platform 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 Premise
- By Application:
- BFSI
- Manufacturing
- Education
- Healthcare
- Media & Entertainment
- Hospitality
- 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 Tech Recruiting Platform 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.
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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?
A Tech Recruiting Platform is a web-based application that helps companies find and recruit tech talent. It provides a searchable database of candidates, as well as tools to manage the recruitment process.
Some of the major companies in the tech recruiting platform market are Codility, iMocha, CodeSignal, HackerRank, TestGorilla, HireVue, DevSkiller, HackerEarth, TestDome, Coderbyte.
The tech recruiting platform 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 Tech Recruiting Platform 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 Tech Recruiting Platform Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Tech Recruiting Platform 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 Tech Recruiting Platform 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 Tech Recruiting Platform Market Size & Forecast, 2018-2028 4.5.1 Tech Recruiting Platform Market Size and Y-o-Y Growth 4.5.2 Tech Recruiting Platform Market Absolute $ Opportunity
Chapter 5 Global Tech Recruiting Platform 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 Tech Recruiting Platform Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tech Recruiting Platform 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 Tech Recruiting Platform Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Manufacturing
6.2.3 Education
6.2.4 Healthcare
6.2.5 Media & Entertainment
6.2.6 Hospitality
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tech Recruiting Platform 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 Tech Recruiting Platform 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 Tech Recruiting Platform Analysis and Forecast
9.1 Introduction
9.2 North America Tech Recruiting Platform 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 Tech Recruiting Platform Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On Premise
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 Tech Recruiting Platform Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Manufacturing
9.10.3 Education
9.10.4 Healthcare
9.10.5 Media & Entertainment
9.10.6 Hospitality
9.10.7 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 Tech Recruiting Platform Analysis and Forecast
10.1 Introduction
10.2 Europe Tech Recruiting Platform 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 Tech Recruiting Platform Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On Premise
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 Tech Recruiting Platform Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Manufacturing
10.10.3 Education
10.10.4 Healthcare
10.10.5 Media & Entertainment
10.10.6 Hospitality
10.10.7 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 Tech Recruiting Platform Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tech Recruiting Platform 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 Tech Recruiting Platform Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On Premise
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 Tech Recruiting Platform Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Manufacturing
11.10.3 Education
11.10.4 Healthcare
11.10.5 Media & Entertainment
11.10.6 Hospitality
11.10.7 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 Tech Recruiting Platform Analysis and Forecast
12.1 Introduction
12.2 Latin America Tech Recruiting Platform 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 Tech Recruiting Platform Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On Premise
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 Tech Recruiting Platform Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Manufacturing
12.10.3 Education
12.10.4 Healthcare
12.10.5 Media & Entertainment
12.10.6 Hospitality
12.10.7 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) Tech Recruiting Platform Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tech Recruiting Platform 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) Tech Recruiting Platform Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On Premise
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) Tech Recruiting Platform Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Manufacturing
13.10.3 Education
13.10.4 Healthcare
13.10.5 Media & Entertainment
13.10.6 Hospitality
13.10.7 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 Tech Recruiting Platform Market: Competitive Dashboard
14.2 Global Tech Recruiting Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Codility
14.3.2 iMocha
14.3.3 CodeSignal
14.3.4 HackerRank
14.3.5 TestGorilla
14.3.6 HireVue
14.3.7 DevSkiller
14.3.8 HackerEarth
14.3.9 TestDome
14.3.10 Coderbyte