It is anticipated that the market for recruitment automation software would develop at a compound annual growth rate (CAGR) of 2.7%. The market is predicted to be valued at around US$ 660 million as a result of this consistent growth, highlighting the growing need for automation solutions in the hiring industry.
Recruiting automation software is becoming into a vital tool as businesses in a variety of sectors want to improve productivity and automate their hiring procedures. These solutions are crucial for contemporary HR departments because they not only offer sophisticated capabilities like resume processing, candidate ranking, and automated communication, but they also lessen the need for manual intervention in talent acquisition. The industry for recruiting automation software is showing signs of strength and might have a big influence on how hiring is done in the future.
Gain In-Depth Knowledge with a Report Sample Request
https://www.futuremarketinsights.com/reports/sample/rep-gb-15303
Efficiency and Cost benefits are encouraging the demand for automation software:
Companies are adapting recruiting software since the automation of mundane processes and functions like sourcing, screening and the creation of rich talent can enable the best value from recruiters. Recruiting Automation Software also enhances recruitment analytics for future use.
GenZ entering the workforce has led to employers having to adapt to candidates who look for quick and up-to-date processes:
Research finds that GenZ looks for companies that have timely, communicative, multi-platform recruiting processes. They are driven by the creation of valuable interactions with recruiters. Companies who want to tap into emerging talent are looking to the adoption of automated recruiting software.
Recruiting Automation Software Market: Competition Insights:
At present, Recruiting Automation Software providers are focused on developments that will ensure further simplification of mundane processes, as well as automation of initial tests and screenings. The key companies operating include Zoho, Recruit, LinkedIn Talent, Indeed, Hiretual, SmartRecruiters, Samanage Ltd., Entelo, Dice, Beamery, CareerBuilder, JobDiva, JazzHR, Greenhouse, Bullhorn, and ZipRecruiter.
Key Segments Covered In Recruiting Automation Software Industry Survey
By Type:
- Cloud-Based
- On-Premise
By Application:
- Large Companies
- Small and Medium Companies
By Region:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Click to Buy Your Exclusive Report Immediately! https://www.futuremarketinsights.com/checkout/15303
Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
