Global AI Market In Recruitment 2024-2028
The AI market in recruitment is forecasted to grow by USD 290.07 mn during 2023-2028, accelerating at a CAGR of 7.87% during the forecast period. The report on the AI market in recruitment provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
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 increasing need for automated processes in recruitment industry, demand for streamlining hiring process in recruitment industry, and rapid shift toward web-based applications and digitization for recruitment.
Technavio's AI market in recruitment is segmented as below:
By Component
By Deployment
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the integration of AI analytics tool as one of the prime reasons driving the AI market in recruitment growth during the next few years. Also, increasing number of mobile-based recruitment apps and rising demand for cloud-based AI solutions will lead to sizable demand in the market.
The report on the ai market in recruitment covers the following areas:
- Ai market in recruitment sizing
- Ai market in recruitment forecast
- Ai market in recruitment industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading AI market in recruitment vendors that include Alphabet Inc., Ceridian HCM Holding Inc., International Business Machines Corp., Jobvite Inc., Oracle Corp., SAP SE, SmartRecruiters Inc., UKG Inc., Zoho Corp. Pvt. Ltd., Talent Recruit Software Pvt. Ltd., Leoforce LLC., Beamery Inc., Brilent Inc., CVViZ Softwares Pvt Ltd., Entelo Inc., Gloat Inc., hackajob Ltd., Harver B.V., HireTeamMate Inc., and Jobiak. Also, the AI market in recruitment analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.