Recruitment Software Market- Global Drivers, Trends and Forecast to 2021

Recruitment software is meant for electronically handling the recruitment needs of an organization. With a recruitment software, recruitment agencies, search firms, and HR teams can have end-to-end automated hiring. This covers entire recruitment cycle from creation of a job to finalization of candidates. The growth of software in the market has led to improved practises in recruitment, and recruitment of skilled and relevant employees. The data can be managed in a secured and centralized way.

At present, finding relevant and highly skilled candidates for a role has become difficult. The organizations expect HR team to perform effective search, and close the recruitment cycle in a short time frame. As such, organizations are investing on recruitment software to avoid the hassle of recruitment. In addition, availability of the software on cloud has cost and efficiency benefits. The value of such a software has led to an intense competition in the market

The advancements in cloud and computing and rise in use of handheld devices for hiring process are the major drivers for the growth of recruitment software market. The market is segmented by deployment type, regions. Some of the vendor present in the recruitment software market are Lumesse, iCIMS, IBM, SAP, Ascentis, Oracle, Cornerstone, Bullhorn, Swiftpro, Jobvite and Microdec.

The study covers and analyses the “Recruitment Software” market. Bringing out the complete key insights of the industry, the report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiative, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

1       Industry Outlook 

1.1             Industry Overview

1.2             Industry Trends

1.3             PESTEL Analysis

2       Report Outline 

2.1             Report Scope

2.2             Report Summary

2.3             Research Methodology

2.4             Report Assumptions

3       Market Snapshot

3.1             Total Addressable Market (TAM)

3.2             Segmented Addressable Market (SAM)

3.3             SAM as a Segment of TAM

3.4             Related Markets

4       Market Outlook 

4.1             Overview

4.2             Ecosystem

4.3             Segmentation

4.4             Porter 5 (Five) Forces

5       Market Characteristics

5.1             Market Trends

5.2             Value Chain

5.3             Market Dynamics

5.3.1               Drivers

5.3.2               Restraints

5.3.3               Opportunities

5.4             DRO – Impact Analysis

5.5             Key Stakeholders

6       Deployment type: Market Size and Analysis 

6.1             Overview

6.2             On premise

6.3             SaaS based

7       Regions: Market Size & Analysis 

7.1             Overview

7.2             Amercias

7.3             EMEA

7.4          Asia Pacific

8       Competitive Analysis 

8.1             Overview

8.2             IBM

8.3             SAP

8.4             Lumesse

8.5             iCIMS

Includes other major vendors

9       Vendor Profiles*

9.1             IBM

9.2             SAP

9.3             Lumesse

9.4             iCIMS

Includes other major vendors

10     Companies to Watch for # 

11     Expert’s Views 

Annexure 

Abbreviations

 

* Vendor profiles will include: overview, business units, geographical revenue, recent developments, business focus, SWOT, and business strategy

# Companies to watch for will include small private players present in Indian market

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

infoholic Research Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.