Global Talent Acquisition Software Market Growth (Status and Outlook) 2023-2029

Global Talent Acquisition Software Market Growth (Status and Outlook) 2023-2029

Talent acquisition is the process of finding and acquiring skilled workforce as per the requirements in organizations. Talent acquisition team of HR department is responsible for searching, acquiring, assessing, and hiring candidates that will fit organizational goal and project requirements. Talent acquisition software helps organizations in leveraging video, social, and mobile technologies for managing talent lifecycle. This lifecycle includes the development of talent pools, integrating marketing automation tools, screening of applicants, and on-boarding of applicants.

LPI (LP Information)' newest research report, the “Talent Acquisition Software Industry Forecast” looks at past sales and reviews total world Talent Acquisition Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Talent Acquisition Software sales for 2023 through 2029. With Talent Acquisition Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Talent Acquisition Software industry.

This Insight Report provides a comprehensive analysis of the global Talent Acquisition Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Talent Acquisition Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Talent Acquisition Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Talent Acquisition Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Talent Acquisition Software.

The global Talent Acquisition Software market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

With digitalization of talent acquisition solutions, companies can post jobs on the internet and receive hundreds of applications in a few minutes. However, there are some shortcomings from ATS. Many unqualified candidates apply, making it hard for employers to find qualified candidates. Also, candidate pools are limited to active candidates, who actively apply for jobs, not including passive candidates, who are not actively looking for jobs but open to other opportunities. Passive candidates account for 75% of the workforce, so it is important to reach out to them to hire the best candidates.

This report presents a comprehensive overview, market shares, and growth opportunities of Talent Acquisition Software market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
On-Premise Solutions
On-Demand Solutions

Segmentation by application
Small and Medium Business
Large Business

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CornerStone on Demand
IBM
Oracle
SAP
WorkDay

Please note: The report will take approximately 2 business days to prepare and deliver.