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Dec. 30, 2019, 6:56 a.m. EST

Recruitment Software Market Movements by Trend Analysis, Growth Status and Revenue Expectation Forecast to 2026

Dec 30, 2019 (The Expresswire) -- Top players in Recruitment Software Market are Taleo Corporation (Oracle), SuccessFactors (SAP), ADP, Accenture Plc, Ceridian HCM Inc., Kenexa Corporation (IBM), Cognizant Technology Solutions, Halogen Software Inc., PeopleAdmin, and SumTotal Systems Inc

The global recruitment software market is forecast to gain from an increasing shift to automated recruitment from manual recruitment management. Fortune Business Insights, recently published a report, titled “Recruitment Software Market Size, Share and Global Trend by Component, Service Type, Enterprise Size and Geography Forecast till 2025.” According to the report in 2017, the global recruitment software market was valued at US$ 1753.2 Mn. Additionally, the global market is anticipated to expand at a CAGR of 7.4% and reach US$ 3095.8 Mn by the end of 2025.

Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry-reports/recruitment-software-market-100081

Top Key Players Mentioned:

  • Taleo Corporation (Oracle)

  • SuccessFactors (SAP)

  • Kronos

  • Accenture Plc

  • Kenexa Corporation (IBM)

The report also classifies the global recruitment software market in terms of various segments. As per the report, North America and South America together were leading the global recruitment software market in 2017. The regions cumulatively held 45% of the global market in 2017. Furthermore, North America is anticipated to lead the solution segment during the forecast period 2018-2025, owing to the rapid growth of the service sector in the region. Besides this, Asia Pacific is expected to expand at the highest CAGR. The recruitment software market in North America is driven by rapid industrialization taking place in the region. Moreover, the increasing number of start-ups focusing on phone application development is likely to fuel the demand in the global recruitment software market.

Get PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/recruitment-software-market-100081

Major Table of Content:

  1. Introduction

  2. Executive Summary

  3. Market Dynamics

  4. Key Insights

  5. Global Recruitment Software Market Analysis, Insights and Forecast, 2014-2025

TOC Continued…!

Demand Witnessed in IT and Telecom Segment Will Rise Impressively

In terms of service, the IT and Telecom segment was leading the global recruitment software market in 2017, with a share of more than 20%. The segment is expected to witness impressive growth during the forecast period. The growth foreseen is attribute to the rising adoption of subscription recruitment software technology in the IT and Telecom and hospitality sector. Besides this, BFSI and hospitality sectors are expected to grow at a steady rate owing to the rising adoption of minimum deployment and cloud-based services. This is likely to fuel the demand in the global recruitment software market.

Some of the factors anticipated to drive the global recruitment software market during the forecast period are an increasing number of corporate offices and increasing job opportunities. Moreover, the need to streamline the recruiting process and enhance communication capabilities are expected to fuel the demand in the global market.

However, factors such as lack of skilled professionals and high costs associated with quality recruitment software can hamper the growth of the global recruitment software market.

Speak to Analyst: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/recruitment-software-market-100081

Kronos to Gain Higher Share in Global Market, Backed by its Product Development Policies

Key players in the market are developing recruitment software with innovative features to gain a higher share in the market. For instance, Kronos Inc. launched an advanced version of the recruitment software integrated with Artificial Intelligence. Such developments are expected to fuel the demand for recruitment software. Some of the organizations operating in the global recruitment software market are Taleo Corporation (Oracle), SuccessFactors (SAP), ADP, Accenture Plc, Ceridian HCM Inc., Kenexa Corporation (IBM), Cognizant Technology Solutions, Halogen Software Inc., PeopleAdmin, and SumTotal Systems Inc.

Related Reports:

Advent of Artificial Intelligence in Talent Acquisition Process to Boost the Global Recruitment Software Market

Speech and Voice Recognition Market Worth USD 28,335.3 Million at 19.8% CAGR Forecast by 2026

Global Video on Demand Market to Exhibit 9% CAGR, Internet Penetration to Drive the Market

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Recruitment Software Market Movements by Trend Analysis, Growth Status and Revenue Expectation Forecast to 2026

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