Global Recruitment Software Market to Grow by $ 683.8 Million During 2020-2024 | Featuring Accenture Plc, Cognizant Technology Solutions Corp., and Hireku Inc. among others | Technavio
NEW YORK, March 31, 2021 /PRNewswire/ --
Technavio estimates the global recruitment software market to grow by USD 683.8 million, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is driven by the growing corporate sector and start-ups. In addition, the enhanced communication capabilities and productivity of recruiters will positively influence the growth of the recruitment software market.
Recruitment Software Market: Deployment Landscape
Recruitment Software Market: Geographic Landscape
The UK, Germany, and France are the key markets for recruitment software in Europe. Market growth in this region will be slower than the growth of the market in APAC.
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Major Five Recruitment Software Market Vendors:
Accenture Plc: The company provides solutions such as Accenture Document Composer, HR Loader, HR Audit and Compliance, and Cone and Test, in collaboration with SAP for SAP SuccessFactors software.
Cognizant Technology Solutions Corp.: Th company offers OneHCM. It helps move talent management to the cloud to optimize processes and speed up implementation.
Hireku Inc.: The company offers JazzHR. It includes candidate sourcing, applicant tracking, employer branding, collaborative hiring, and compliance and reporting features.
International Business Machines Corp.: The company offers talent management solutions that help elevate recruiter efficiency by selecting the best candidates for recruitment.
iCIMS Inc.: The company offers a wide range of recruitment solutions through platforms such as Recruitment marketing suite, Advanced communications suite, Hiring suite, and Partner ecosystem.
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Related Reports on Information Technology Include:
Global Applicant Tracking Systems Market – Global applicant tracking systems market is segmented by deployment (cloud-based and on-premises) and geography (APAC, Europe, MEA, North America, and South America).
Global Workforce Analytics Market – Global workforce analytics market is segmented by end-user (retail, BFSI, telecom and IT, healthcare, and others) and geography (North America, Europe, APAC, South America, and MEA).
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