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Recruitment Software Market by Deployment and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 136
  • SKU: IRTNTR41382
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The recruitment software market share is expected to increase by USD 704.26 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.65%.

This recruitment software market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers recruitment software market segmentation by deployment (on-premises and SaaS-based) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The recruitment software market report also offers information on several market vendors, including Accenture Plc, Automatic Data Processing Inc., Bullhorn Inc., Ceridian HCM Holding Inc., Cognizant Technology Solutions Corp., Cornerstone OnDemand Inc., Greenhouse Software Inc., HireRight Holdings Corp., HireVue Inc., iCIMS Inc., International Business Machines Corp., Jobvite Inc., Lever Inc., Microsoft Corp., Oracle Corp., PowerSchool Holdings Inc., SAP SE, SmartRecruiters Inc., Sterling Infosystems Inc., Workday Inc., and Zoho Corp. Pvt. Ltd. among others.

What will the Recruitment Software Market Size be During the Forecast Period?

Recruitment Software Market Size

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Recruitment Software Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The enhanced communication capabilities and productivity of recruiters is notably driving the recruitment software market growth, although factors such as the threat from open-source recruitment software may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the recruitment software industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Recruitment Software Market Driver

  • One of the key factors driving growth in the recruitment software market growth is the enhanced communication capabilities and productivity of recruiters.
    • The Talent Acquisition Experience Platform from Lumesse
    • IBM Kenexa Talent Acquisition Suite from IBM
  • Recruitment software helps enterprises in filtering, ranking, and storing the data of applicants instantly.
  • The software also makes tracking the progress of the application simpler and more efficient as it automates the process of posting jobs in various job portals.
  • The recruitment software also helps recruiters to keep track of all the people who have applied, the candidates who were rejected, and the job positions that have been filled.
  • These features help in analyzing the inefficiencies in the process, thus aiding the HRs in the recruitment process. Thus, such factors will drive the adoption of will recruitment software during the forecast period

Key Recruitment Software Market Trend

  • The rise in mergers and acquisitions is a recruitment software market trend that is expected to have a positive impact in the coming years.
  • This is attributed to the increase in demand for recruitment software to expand their market reach and increase the customer base.
    • In February 2020, iCIMS, Inc. announced its partnership with Ceridian's Dayforce Software Partner Program (DSPP). iCIMS and Ceridian planned to offer integration between iCIMS' best-in-class talent platform and Ceridian's human capital management platform.
    • In October 2021, Bullhorn inc. partnered with PIXID Group, a European-owned recruitment technology provider. 
  • Thus, the significant increase in strategic partnerships, joint ventures, and acquisitions will drive the market growth through this segment in the forecast years.

Key Recruitment Software Market Challenge

  • The threat from open-source recruitment software will be a major challenge for the recruitment software market.
  • Open-source recruitment software can be downloaded and run on all platforms, and thus, it is becoming increasingly popular in developing economies such as India and China.
  • The open-source recruitment software ensures that enterprises incur fewer upfront costs and provides them with more flexibility as well. 
    • Recruity, a product that was developed as a joint venture between Intermesh and Search and Co Group, is not only free but can also be customized according to the end-user enterprise's requirements.
  • Open-source recruitment software such as Fastcollab, Winrecruit,  and Zoho Recruit can be easily downloaded to the enterprise's servers for better security and ease of use.
  • Thus, the availability of open-source recruitment software may limit the market growth in the coming years.

This recruitment software market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global recruitment software market as a part of the global application software market within the global IT software market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the recruitment software market during the forecast period.

Who are the Major Recruitment Software Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • Accenture Plc
  • Automatic Data Processing Inc.
  • Bullhorn Inc.
  • Ceridian HCM Holding Inc.
  • Cognizant Technology Solutions Corp.
  • Cornerstone OnDemand Inc.
  • Greenhouse Software Inc.
  • HireRight Holdings Corp.
  • HireVue Inc.
  • iCIMS Inc.
  • International Business Machines Corp.
  • Jobvite Inc.
  • Lever Inc.
  • Microsoft Corp.
  • Oracle Corp.
  • PowerSchool Holdings Inc.
  • SAP SE
  • SmartRecruiters Inc.
  • Sterling Infosystems Inc.
  • Workday Inc.
  • Zoho Corp. Pvt. Ltd.

 

This statistical study of the recruitment software market encompasses successful business strategies deployed by the key vendors. The recruitment software market is fragmented and the vendors are deploying growth strategies such as enhancing their product offerings and expanding their geographic reach to compete in the market.

Product Insights and News

  • ceridian.com - The company offers recruitment software such as the Oracle Human Capital Management Cloud solution that allows converting active employee records from multiple legacy sources to a single global HR system.
  • ceridian.com - Under the unified segment, the company operates and reports in a single segment that offers human capital management software solutions.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The recruitment software market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Recruitment Software Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the recruitment software market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Recruitment Software Market?

Recruitment Software Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

33% of the market’s growth will originate from Europe during the forecast period. UK, Germany, and France are the key markets for recruitment software in Europe. Market growth in this region will be faster than the growth of the market in the North American, MEA, and South American regions.

The digital business initiatives of enterprises and their need for a central system of employee records will facilitate the recruitment software market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 in the region resulted in an economic downturn, along with numerous fatalities from the disease in the region. The outbreak of the pandemic led to the temporary shutdown of many well-established and startup businesses in retail, manufacturing, and energy and utility industries. However, the outbreak has also led to the increased adoption of digital business management solutions and services by companies to simplify their business operations. Thus, the recruitment software market in Europe is expected to witness a high year-over-year growth rate during the forecast period.

What are the Revenue-generating Deployment Segments in the Recruitment Software Market?

Recruitment Software Market Share

To gain further insights on the market contribution of various segments Request PDF Sample

The recruitment software market share growth by the on-premises segment will be significant during the forecast period. With SMEs increasingly turning toward SaaS-based recruitment software, the share of the on-premises recruitment software segment is expected to decline during the forecast period. Currently, many large enterprises give prominence to on-premises recruitment software as they can ensure a high level of security with its implementation. Also, there are no third-party service providers involved in managing the confidential information of organizations, as the IT administration staff in the organization have control of the recruitment software. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the recruitment software market size and actionable market insights on post COVID-19 impact on each segment.

 

Recruitment Software Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.65%

Market growth 2022-2026

$ 704.26 million

Market structure

Fragmented

YoY growth (%)

4.87

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

Europe at 33%

Key consumer countries

US, Australia, UK, Germany, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Accenture Plc, Automatic Data Processing Inc., Bullhorn Inc., Ceridian HCM Holding Inc., Cognizant Technology Solutions Corp., Cornerstone OnDemand Inc., Greenhouse Software Inc., HireRight Holdings Corp., HireVue Inc., iCIMS Inc., International Business Machines Corp., Jobvite Inc., Lever Inc., Microsoft Corp., Oracle Corp., PowerSchool Holdings Inc., SAP SE, SmartRecruiters Inc., Sterling Infosystems Inc., Workday Inc., and Zoho Corp. Pvt. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Recruitment Software Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive recruitment software market growth during the next five years
  • Precise estimation of the recruitment software market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the recruitment software industry across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of recruitment software market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Deployment

    • 5.1 Market segments
      • Exhibit 24: Chart on Deployment - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Deployment - Market share 2021-2026 (%)
    • 5.2 Comparison by Deployment
      • Exhibit 26: Chart on Comparison by Deployment
      • Exhibit 27: Data Table on Comparison by Deployment
    • 5.3 On-premises - Market size and forecast 2021-2026
      • Exhibit 28: Chart on On-premises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on On-premises - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on On-premises - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on On-premises - Year-over-year growth 2021-2026 (%)
    • 5.4 SaaS-based - Market size and forecast 2021-2026
      • Exhibit 32: Chart on SaaS-based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on SaaS-based - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on SaaS-based - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on SaaS-based - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Deployment
      • Exhibit 36: Market opportunity by Deployment ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 Australia - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Australia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Australia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Australia - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Australia - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.12 France - Market size and forecast 2021-2026
      • Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Accenture Plc
              • Exhibit 89: Accenture Plc - Overview
              • Exhibit 90: Accenture Plc - Business segments
              • Exhibit 91: Accenture Plc - Key news
              • Exhibit 92: Accenture Plc - Key offerings
              • Exhibit 93: Accenture Plc - Segment focus
            • 10.4 Automatic Data Processing Inc.
              • Exhibit 94: Automatic Data Processing Inc. - Overview
              • Exhibit 95: Automatic Data Processing Inc. - Business segments
              • Exhibit 96: Automatic Data Processing Inc. - Key news
              • Exhibit 97: Automatic Data Processing Inc. - Key offerings
              • Exhibit 98: Automatic Data Processing Inc. - Segment focus
            • 10.5 Cognizant Technology Solutions Corp.
              • Exhibit 99: Cognizant Technology Solutions Corp. - Overview
              • Exhibit 100: Cognizant Technology Solutions Corp. - Business segments
              • Exhibit 101: Cognizant Technology Solutions Corp. - Key news
              • Exhibit 102: Cognizant Technology Solutions Corp. - Key offerings
              • Exhibit 103: Cognizant Technology Solutions Corp. - Segment focus
            • 10.6 iCIMS Inc.
              • Exhibit 104: iCIMS Inc. - Overview
              • Exhibit 105: iCIMS Inc. - Product / Service
              • Exhibit 106: iCIMS Inc. - Key offerings
            • 10.7 International Business Machines Corp.
              • Exhibit 107: International Business Machines Corp. - Overview
              • Exhibit 108: International Business Machines Corp. - Business segments
              • Exhibit 109: International Business Machines Corp. - Key offerings
              • Exhibit 110: International Business Machines Corp. - Segment focus
            • 10.8 Jobvite Inc.
              • Exhibit 111: Jobvite Inc. - Overview
              • Exhibit 112: Jobvite Inc. - Product / Service
              • Exhibit 113: Jobvite Inc. - Key offerings
            • 10.9 Microsoft Corp.
              • Exhibit 114: Microsoft Corp. - Overview
              • Exhibit 115: Microsoft Corp. - Business segments
              • Exhibit 116: Microsoft Corp. - Key news
              • Exhibit 117: Microsoft Corp. - Key offerings
              • Exhibit 118: Microsoft Corp. - Segment focus
            • 10.10 Oracle Corp.
              • Exhibit 119: Oracle Corp. - Overview
              • Exhibit 120: Oracle Corp. - Business segments
              • Exhibit 121: Oracle Corp. - Key news
              • Exhibit 122: Oracle Corp. - Key offerings
              • Exhibit 123: Oracle Corp. - Segment focus
            • 10.11 SAP SE
              • Exhibit 124: SAP SE - Overview
              • Exhibit 125: SAP SE - Business segments
              • Exhibit 126: SAP SE - Key news
              • Exhibit 127: SAP SE - Key offerings
              • Exhibit 128: SAP SE - Segment focus
            • 10.12 Zoho Corp. Pvt. Ltd.
              • Exhibit 129: Zoho Corp. Pvt. Ltd. - Overview
              • Exhibit 130: Zoho Corp. Pvt. Ltd. - Product / Service
              • Exhibit 131: Zoho Corp. Pvt. Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 132: Inclusions checklist
                • Exhibit 133: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 134: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 135: Research methodology
                • Exhibit 136: Validation techniques employed for market sizing
                • Exhibit 137: Information sources
              • 11.5 List of abbreviations
                • Exhibit 138: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Recruitment Software Market market growth will increase by $704.26 mn during 2022-2026.
              The recruitment software market market is expected to grow at a CAGR of 5.65% during 2022-2026.
              Technavio has segmented the recruitment software market market by deployment (On-premises and SaaS-based) and geography (North America, Europe, APAC, Middle East and Africa, and South America).
              Accenture Plc, Automatic Data Processing Inc., Bullhorn Inc., Ceridian HCM Holding Inc., Cognizant Technology Solutions Corp., Cornerstone OnDemand Inc., Greenhouse Software Inc., HireRight Holdings Corp., HireVue Inc., iCIMS Inc., International Business Machines Corp., Jobvite Inc., Lever Inc., Microsoft Corp., Oracle Corp., PowerSchool Holdings Inc., SAP SE, SmartRecruiters Inc., Sterling Infosystems Inc., Workday Inc., Zoho Corp. Pvt. Ltd. are a few of the key vendors in the recruitment software market market.
              Europe will register the highest growth rate of 33% among the other regions. Therefore, the recruitment software market market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the recruitment software market market growth are:
              • Enhanced communication capabilities and productivity of recruiters
              • Rise in mergers and acquisitions
              The recruitment software market market vendors should focus on grabbing business opportunities from the on-premises segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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