Bulletin
Investor Alert

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

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

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

or Cancel Already have a watchlist? Log In

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

COMTEX_360031751/2598/2019-12-30T06:56:01

1 2
This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.