Press release
Talent Acquisition Software Market Latest Trends and Analysis, Future Growth Study by 2032
Talent Acquisition Software Market
Talent acquisition and hiring managers utilise the recruiting software to streamline the application process and candidate flow. Organizations typically utilise it to manage candidate databases, post job openings, handle applications, arrange interviews, and get candidate feedback. This software is a combination of interviewing software, candidate relationship management (CRM) systems, and application tracking systems (ATS). It can also do background checks and pre-hire assessments, followed by onboarding training and orientation for new hires, improving the effectiveness of recruiting managers and the business.
Technology used in human resource management (HRM) includes talent acquisition software. It gives businesses the tools to handle job applications as well as find and hire people from a variety of job markets. Software for talent acquisition is used by businesses to fill open vacancies. Employers can advertise job openings, receive and assess resumes and applications, and manage the recruiting process through several steps (such interviews) until a candidate is hired or rejected using talent acquisition software. Potential employees might utilise the technology to look for open opportunities that interest them.
Market Overview
Recruitment and selection practises have changed over time in tandem with how company has changed. The recruiting sector is impacted by technological change and new working practises, and the COVID-19 epidemic has only increased this sector's dynamism. Massive layoffs occurred in 2020, and recruiting suffered the most as a result of hiring freezes under COVID-19. The International Labour Organization (ILO) estimates that 114 million jobs were lost globally in 2020. The unemployment rate in the US alone rose to 14.7% in April 2020, the highest level recorded since data collection started in 1948.
The human resources sector is getting ready for a hiring boom after recovering from the Covid-19 Pandemic.
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Global Talent Acquisition Software Market: Major Players
• Sage People
• ADP
• IBM
• Infor
• SumTotal Systems
• SAP
• iSmartRecruit
• Upwork
• Oracle
• Peoplefluent
• BetterInterviews
• HireCraft Software
• Cornerstone OnDemand
• Halogen Software
• Saba Software
• Njoyn
• LinkedIn (Microsoft)
• WorkDay
• iCIMS
• Insperity
• Ultimate Software
• SilkRoad Technology
Global Talent Acquisition Software Market: By Types
• On-Premise
• Cloud
Global Talent Acquisition Software Market: By Applications
• Pharmaceutical and Biotechnology
• BFSI
• Retail
• IT & Telecom
• Healthcare
• Government
• Education
• Others
Global Talent Acquisition Software Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Talent Acquisition Software market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Reasons to Purchase this Report
• Market segmentation based on qualitative and quantitative analysis, taking into account both economic and non-economic aspects.
• Data on market value (in US dollars) for each section and sub-segment
• Identifies the area and market segment anticipated to experience the quickest growth and hold the majority of the market.
• Analysis by geography showcasing product/service usage in the region and highlighting the market dynamics affecting each region.
• A competitive landscape that takes into account recent service/product launches, collaborations, company expansions, and acquisitions by the companies profiled, as well as the market share of the leading players.
• Comprehensive company profiles for the top players in the industry, including business overviews, corporate insights, product benchmarking, and SWOT analyses
• The industry's future market forecast in light of recent changes, including growth possibilities, drivers of growth, and obstacles present in both developing and emerging economies.
• Comprises a thorough examination of the market from a number of angles using Porter's Five Forces analysis.
• Offers market knowledge across the Value Chain
• The current market dynamics scenario and future market expansion prospects
• Post-sales analyst assistance for six months
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Key Questions Answered in This Report:
• How has the global Talent Acquisition Software Market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What has been the impact of COVID-19 on the global Talent Acquisition Software Market?
• What is the breakup of the market based on the deployment model?
• What is the breakup of the market based on the component?
• What is the breakup of the market based on the enterprise size?
• What is the breakup of the market based on the vertical?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the market?
• What is the structure of the global Talent Acquisition Software Market and who are the key players?
• What is the degree of competition in the market?
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